First Financial Corporation Indiana
First Financial Corporation, through its subsidiaries, provides various financial products and services in west-central Indiana, east-central Illinois, western Kentucky, central and eastern Tennessee, and northern Georgia. It offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. The company also provides commercial loans primarily to expand a busines… Read more
First Financial Corporation Indiana (THFF) - Net Assets
Latest net assets as of December 2025: $650.87 Million USD
Based on the latest financial reports, First Financial Corporation Indiana (THFF) has net assets worth $650.87 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.76 Billion) and total liabilities ($5.11 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $650.87 Million |
| % of Total Assets | 11.31% |
| Annual Growth Rate | 6.62% |
| 5-Year Change | 11.72% |
| 10-Year Change | 57.06% |
| Growth Volatility | 8.69 |
First Financial Corporation Indiana - Net Assets Trend (1991–2025)
This chart illustrates how First Financial Corporation Indiana's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for First Financial Corporation Indiana (1991–2025)
The table below shows the annual net assets of First Financial Corporation Indiana from 1991 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $650.87 Million | +18.55% |
| 2024-12-31 | $549.04 Million | +3.99% |
| 2023-12-31 | $527.98 Million | +11.08% |
| 2022-12-31 | $475.29 Million | -18.42% |
| 2021-12-31 | $582.58 Million | -2.41% |
| 2020-12-31 | $596.99 Million | +7.06% |
| 2019-12-31 | $557.61 Million | +25.96% |
| 2018-12-31 | $442.70 Million | +7.04% |
| 2017-12-31 | $413.57 Million | -0.20% |
| 2016-12-31 | $414.39 Million | +0.99% |
| 2015-12-31 | $410.32 Million | +4.08% |
| 2014-12-31 | $394.21 Million | +2.08% |
| 2013-12-31 | $386.19 Million | +3.78% |
| 2012-12-31 | $372.12 Million | +7.25% |
| 2011-12-31 | $346.96 Million | +7.85% |
| 2010-12-31 | $321.72 Million | +4.97% |
| 2009-12-31 | $306.48 Million | +6.85% |
| 2008-12-31 | $286.84 Million | +1.83% |
| 2007-12-31 | $281.69 Million | +3.85% |
| 2006-12-31 | $271.26 Million | +0.72% |
| 2005-12-31 | $269.32 Million | +0.37% |
| 2004-12-31 | $268.33 Million | +5.11% |
| 2003-12-31 | $255.28 Million | +5.50% |
| 2002-12-31 | $241.97 Million | +11.25% |
| 2001-12-31 | $217.51 Million | +13.75% |
| 2000-12-31 | $191.22 Million | +13.35% |
| 1999-12-31 | $168.70 Million | -7.41% |
| 1998-12-31 | $182.20 Million | +10.09% |
| 1997-12-31 | $165.50 Million | +10.04% |
| 1996-12-31 | $150.40 Million | +15.60% |
| 1995-12-31 | $130.10 Million | +15.54% |
| 1994-12-31 | $112.60 Million | +3.87% |
| 1993-12-31 | $108.40 Million | +29.98% |
| 1992-12-31 | $83.40 Million | +13.16% |
| 1991-12-31 | $73.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to First Financial Corporation Indiana's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1278.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $741.79 Million | 113.97% |
| Common Stock | $2.02 Million | 0.31% |
| Other Comprehensive Income | $-86.68 Million | -13.32% |
| Total Equity | $650.87 Million | 100.00% |
First Financial Corporation Indiana Competitors by Market Cap
The table below lists competitors of First Financial Corporation Indiana ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Yaoji Playing Card Co Ltd
SHE:002605
|
$695.43 Million |
|
IDP Education Limited
PINK:IDPUF
|
$695.84 Million |
|
Sunyard System Engineering Co Ltd
SHG:600571
|
$696.01 Million |
|
Zhejiang Jiaao Enprotech
SHG:603822
|
$696.10 Million |
|
Innuovo Technology Co Ltd Class A
SHE:000795
|
$694.51 Million |
|
Apogee Enterprises Inc
NASDAQ:APOG
|
$694.45 Million |
|
CBL & Associates Properties Inc
NYSE:CBL
|
$694.28 Million |
|
Aussie Broadband Ltd
AU:ABB
|
$694.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First Financial Corporation Indiana's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 549,041,000 to 650,869,000, a change of 101,828,000 (18.5%).
- Net income of 79,208,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 45,604,001.
- Other factors decreased equity by 22,984,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $79.21 Million | +12.17% |
| Other Comprehensive Income | $45.60 Million | +7.01% |
| Other Changes | $-22.98 Million | -3.53% |
| Total Change | $- | 18.55% |
Book Value vs Market Value Analysis
This analysis compares First Financial Corporation Indiana's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.12x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.07x to 1.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-12-31 | $6.79 | $61.58 | x |
| 1992-12-31 | $7.66 | $61.58 | x |
| 1993-12-31 | $8.45 | $61.58 | x |
| 1994-12-31 | $8.65 | $61.58 | x |
| 1995-12-31 | $10.18 | $61.58 | x |
| 1996-12-31 | $10.72 | $61.58 | x |
| 1997-12-31 | $11.79 | $61.58 | x |
| 1998-12-31 | $12.62 | $61.58 | x |
| 1999-12-31 | $12.10 | $61.58 | x |
| 2000-12-31 | $14.21 | $61.58 | x |
| 2001-12-31 | $15.99 | $61.58 | x |
| 2002-12-31 | $17.72 | $61.58 | x |
| 2003-12-31 | $18.79 | $61.58 | x |
| 2004-12-31 | $19.84 | $61.58 | x |
| 2005-12-31 | $20.05 | $61.58 | x |
| 2006-12-31 | $20.40 | $61.58 | x |
| 2007-12-31 | $21.38 | $61.58 | x |
| 2008-12-31 | $21.88 | $61.58 | x |
| 2009-12-31 | $23.36 | $61.58 | x |
| 2010-12-31 | $24.52 | $61.58 | x |
| 2011-12-31 | $26.36 | $61.58 | x |
| 2012-12-31 | $28.11 | $61.58 | x |
| 2013-12-31 | $29.02 | $61.58 | x |
| 2014-12-31 | $29.81 | $61.58 | x |
| 2015-12-31 | $31.97 | $61.58 | x |
| 2016-12-31 | $33.64 | $61.58 | x |
| 2017-12-31 | $33.83 | $61.58 | x |
| 2018-12-31 | $36.12 | $61.58 | x |
| 2019-12-31 | $43.34 | $61.58 | x |
| 2020-12-31 | $43.53 | $61.58 | x |
| 2021-12-31 | $44.17 | $61.58 | x |
| 2022-12-31 | $38.92 | $61.58 | x |
| 2023-12-31 | $44.23 | $61.58 | x |
| 2024-12-31 | $46.48 | $61.58 | x |
| 2025-12-31 | $54.91 | $61.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First Financial Corporation Indiana utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.17%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.26%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 8.84x
- Recent ROE (12.17%) is above the historical average (10.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 11.26% | 9.49% | 0.09x | 13.65x | $930.00K |
| 1992 | 14.03% | 13.31% | 0.08x | 13.41x | $3.36 Million |
| 1993 | 11.72% | 14.02% | 0.07x | 11.19x | $1.86 Million |
| 1994 | 10.92% | 13.41% | 0.07x | 11.19x | $1.04 Million |
| 1995 | 10.22% | 12.48% | 0.07x | 11.10x | $290.00K |
| 1996 | 10.64% | 12.94% | 0.08x | 10.77x | $960.00K |
| 1997 | 10.94% | 13.77% | 0.08x | 9.88x | $1.55 Million |
| 1998 | 10.21% | 13.31% | 0.08x | 10.15x | $380.00K |
| 1999 | 12.80% | 14.84% | 0.08x | 11.29x | $4.73 Million |
| 2000 | 12.14% | 14.51% | 0.08x | 10.69x | $4.09 Million |
| 2001 | 11.12% | 14.56% | 0.08x | 9.39x | $2.44 Million |
| 2002 | 11.84% | 17.18% | 0.08x | 8.97x | $4.44 Million |
| 2003 | 10.38% | 17.26% | 0.07x | 8.71x | $965.10K |
| 2004 | 10.44% | 18.35% | 0.07x | 8.14x | $1.18 Million |
| 2005 | 8.56% | 15.00% | 0.07x | 7.93x | $-3.88 Million |
| 2006 | 8.68% | 14.74% | 0.07x | 8.02x | $-3.59 Million |
| 2007 | 9.08% | 15.12% | 0.08x | 7.92x | $-2.59 Million |
| 2008 | 8.64% | 14.97% | 0.07x | 8.03x | $-3.92 Million |
| 2009 | 7.41% | 13.72% | 0.07x | 8.22x | $-7.93 Million |
| 2010 | 8.72% | 18.28% | 0.06x | 7.62x | $-4.13 Million |
| 2011 | 10.72% | 24.85% | 0.05x | 8.51x | $2.50 Million |
| 2012 | 8.82% | 20.27% | 0.06x | 7.78x | $-4.40 Million |
| 2013 | 8.17% | 20.13% | 0.05x | 7.82x | $-7.09 Million |
| 2014 | 8.57% | 21.91% | 0.05x | 7.62x | $-5.65 Million |
| 2015 | 7.36% | 20.42% | 0.05x | 7.26x | $-10.84 Million |
| 2016 | 9.27% | 24.57% | 0.05x | 7.21x | $-3.03 Million |
| 2017 | 7.04% | 19.40% | 0.05x | 7.26x | $-12.23 Million |
| 2018 | 10.52% | 28.33% | 0.05x | 6.80x | $2.31 Million |
| 2019 | 8.76% | 26.05% | 0.05x | 7.22x | $-6.89 Million |
| 2020 | 9.02% | 26.53% | 0.04x | 7.63x | $-5.86 Million |
| 2021 | 9.10% | 27.27% | 0.04x | 8.88x | $-5.27 Million |
| 2022 | 14.96% | 30.91% | 0.05x | 10.50x | $23.58 Million |
| 2023 | 11.49% | 22.38% | 0.06x | 9.19x | $7.87 Million |
| 2024 | 8.61% | 15.37% | 0.06x | 10.13x | $-7.63 Million |
| 2025 | 12.17% | 24.26% | 0.06x | 8.84x | $14.12 Million |
Industry Comparison
This section compares First Financial Corporation Indiana's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| First Financial Corporation Indiana (THFF) | $650.87 Million | 11.26% | 7.84x | $694.60 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |