THFF
First Financial Corporation Indiana
NASDAQ: THFF · FINANCIAL SERVICES · BANKS - REGIONAL
$64.94
-3.74% today
Updated 2026-04-29
Market cap
$802.23M
P/E ratio
9.92
P/S ratio
3.16x
EPS (TTM)
$6.80
Dividend yield
—
52W range
$47 – $69
Volume
0.1M
First Financial Corporation Indiana (THFF) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $159.66M | $169.23M | $165.51M | $165.56M | $153.38M | $149.68M | $161.85M | $156.68M | $154.14M | $147.85M | $156.31M | $150.13M | $164.43M | $187.57M | $202.96M | $194.28M | $230.02M | $271.10M | $307.51M | $326.44M |
| Revenue growth (YoY) | — | +6.0% | -2.2% | +0.0% | -7.4% | -2.4% | +8.1% | -3.2% | -1.6% | -4.1% | +5.7% | -4.0% | +9.5% | +14.1% | +8.2% | -4.3% | +18.4% | +17.9% | +13.4% | +6.2% |
| Cost of revenue | $64.11M | $69.54M | $60.34M | $51.13M | $36.17M | $22.90M | $22.17M | $16.82M | $10.60M | $8.87M | $7.71M | $11.63M | $15.41M | $22.17M | $24.67M | $11.26M | $16.23M | $68.43M | $105.92M | $72.85M |
| Gross profit | $95.55M | $99.69M | $105.16M | $114.42M | $117.21M | $126.78M | $139.69M | $139.85M | $143.54M | $138.99M | $148.60M | $138.50M | $149.02M | $165.40M | $178.29M | $183.02M | $213.78M | $202.67M | $201.59M | $253.59M |
| Gross margin | 59.8% | 58.9% | 63.5% | 69.1% | 76.4% | 84.7% | 86.3% | 89.3% | 93.1% | 94.0% | 95.1% | 92.3% | 90.6% | 88.2% | 87.8% | 94.2% | 92.9% | 74.8% | 65.6% | 77.7% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $39.74M | $39.43M | $41.29M | $42.26M | $47.73M | $47.17M | $58.16M | $57.15M | $57.87M | $61.88M | $51.39M | $51.03M | $51.59M | $55.52M | $62.25M | $65.77M | $67.88M | $71.43M | $77.34M | $102.11M |
| Operating income | $30.89M | $34.96M | $32.57M | $30.27M | $40.01M | $51.59M | $46.63M | $45.30M | $47.96M | $40.59M | $58.30M | $49.75M | $57.73M | $61.00M | $65.54M | $65.61M | $87.76M | $72.49M | $57.15M | $99.36M |
| Operating margin | 19.3% | 20.7% | 19.7% | 18.3% | 26.1% | 34.5% | 28.8% | 28.9% | 31.1% | 27.5% | 37.3% | 33.1% | 35.1% | 32.5% | 32.3% | 33.8% | 38.2% | 26.7% | 18.6% | 30.4% |
| EBITDA | $36.95M | $35.79M | $36.11M | $34.47M | $44.65M | $55.49M | $51.73M | $50.78M | $53.94M | $46.08M | $63.26M | $54.18M | $61.89M | $65.83M | $71.63M | $71.77M | $93.87M | $79.02M | $67.10M | $108.46M |
| EBITDA margin | 23.1% | 21.1% | 21.8% | 20.8% | 29.1% | 37.1% | 32.0% | 32.4% | 35.0% | 31.2% | 40.5% | 36.1% | 37.6% | 35.1% | 35.3% | 36.9% | 40.8% | 29.1% | 21.8% | 33.2% |
| EBIT | $30.89M | $34.96M | $32.57M | $30.27M | $40.00M | $51.59M | $46.63M | $45.30M | $47.96M | $40.59M | $58.30M | $49.75M | $57.73M | $61.00M | $65.54M | $65.61M | $87.76M | $72.49M | $57.15M | $99.36M |
| Interest expense | $57.13M | $62.96M | $52.49M | $39.26M | $26.97M | $17.15M | $13.39M | $8.96M | $5.53M | $4.17M | $4.41M | $6.34M | $9.64M | $17.47M | $14.14M | $8.80M | $18.26M | $61.13M | $89.76M | $75.80M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $23.54M | $25.58M | $24.77M | $22.72M | $28.04M | $37.20M | $32.81M | $31.53M | $33.77M | $30.20M | $38.41M | $29.13M | $46.58M | $48.87M | $53.84M | $52.99M | $71.11M | $60.67M | $47.27M | $79.21M |
| Net income growth (YoY) | — | +8.7% | -3.2% | -8.3% | +23.4% | +32.6% | -11.8% | -3.9% | +7.1% | -10.6% | +27.2% | -24.2% | +59.9% | +4.9% | +10.2% | -1.6% | +34.2% | -14.7% | -22.1% | +67.5% |
| Profit margin | 14.7% | 15.1% | 15.0% | 13.7% | 18.3% | 24.8% | 20.3% | 20.1% | 21.9% | 20.4% | 24.6% | 19.4% | 28.3% | 26.1% | 26.5% | 27.3% | 30.9% | 22.4% | 15.4% | 24.3% |