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Stock impact report

First Financial Corporation Reports Third Quarter Results

First Financial Corporation Indiana (THFF) 
Last first financial corporation indiana earnings: 4/29 01:30 pm Check Earnings Report
Company Research Source: GlobeNewswire
TERRE HAUTE, Ind., Oct. 22, 2024 (GLOBE NEWSWIRE) -- First Financial Corporation (NASDAQ:THFF) today announced results for the third quarter of 2024. During the quarter, the Corporation closed its acquisition of SimplyBank, Dayton, Tennessee. The quarter was impacted by purchase accounting adjustments and charges, which are reflected in the results. Net income was $8.7 million compared to $16.3 million reported for the same period of 2023;Diluted net income per common share of $0.74 compared to $1.37 for the same period of 2023;Return on average assets was 0.64% compared to 1.35% for the three months ended September 30, 2023;Credit loss provision was $9.4 million compared to provision of $1.2 million for the third quarter 2023; andPre-tax, pre-provision net income was $19.9 million compared to $20.5 million for the same period in 2023.1 The Corporation further reported results for the nine months ended September 30, 2024: Net income was $31.0 million compared to $48.3 milli Show less Read more
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