First Financial Bancorp vs Independent Bank
First Financial Bancorp and Independent Bank are similar in size: $899m and $858m of revenue in their latest fiscal years. Independent Bank grew faster (24.3% against 7.6%). First Financial Bancorp kept more of each dollar of sales as profit: a net margin of 28.4% against 23.9%.
| Latest fiscal year | First Financial BancorpFFBC, 2025 | Independent BankINDB, 2025 |
|---|---|---|
| Revenue | $899m | $858m |
| Revenue growth | 7.6% | 24.3% |
| Net income | $256m | $205m |
| Operating margin | — | — |
| Net margin | 28.4% | 23.9% |
| Return on equity | 9.8% | 6.3% |
| Free cash flow | $317m | $239m |
| Cash | $179m | $772m |
| Total debt | $1.19bn | $826m |
| Debt to equity | — | — |
| Dividend per share | $0.98 | $2.36 |
| Dividend yield | 2.9% | 2.8% |
| Share buybacks | — | $60.8m |
| Employees | 2,199 | 2,294 |
| Market value | $3.44bn | $4.01bn |
| Price vs our value range | — | — |
| Moat score | 80 (Strong) | 67 (Moderate) |
| Insider trades, 12 months | 0 buys, 15 sales | 0 buys, 10 sales |