Bollinger Bands Narrowing, Bearish Marubozu on First Financial's 15min Chart

According to the 15-minute chart of First Financial, a narrowing of Bollinger Bands and a bearish Marubozu pattern on October 7, 2025, at 13:45 indicates a decrease in the magnitude of stock price fluctuations, suggesting that sellers are dominating the market and bearish momentum is likely to persist.

First Financial Bancorp (NASDAQ: FFBC) has received a boost from Truist Securities, which raised its price target to $29.00 from $28.00, while maintaining a Hold rating on the stock First Financial Bancorp price target raised to $29 from $28 at Truist^[1]. This positive move comes amidst strong financial health demonstrated by the bank, valued at $2.44 billion.

Truist’s decision to integrate BankFinancial (NASDAQ: BFIN) into its financial model, following First Financial’s acquisition plans, has been a significant factor. The acquisition is expected to close in the fourth quarter of 2025. Truist maintained its 2025 adjusted earnings per share estimate at $2.85 but raised its 2026 adjusted EPS forecast by 3% to $3.20. The increase is primarily attributed to purchase accounting adjustments and cost savings from the acquisition First Financial Bancorp price target raised to $29 from $28 at Truist^[1].

The financial model also assumes First Financial will reposition BankFinancial’s securities book and dispose of its entire multifamily loan portfolio in the first quarter of 2026, as announced in the acquisition deal. The new $29 price target is based on approximately 9 times the 2026 estimated adjusted earnings per share.

First Financial Bancorp reported impressive second-quarter earnings for 2025, exceeding market forecasts. The company’s earnings per share were $0.74, surpassing the expected $0.68, reflecting an 8.82% increase. Revenue reached $226.3 million, which not only exceeded projections but also represented a 5% growth compared to the previous year. These results highlight First Financial Bancorp’s strong financial performance in the recent quarter First Financial Bancorp price target raised to $29 from $28 at Truist^[1].

Additionally, the 15-minute chart of First Financial on October 7, 2025, at 13:45, indicates a narrowing of Bollinger Bands and a bearish Marubozu pattern, suggesting a decrease in the magnitude of stock price fluctuations. This could imply that sellers are dominating the market, and bearish momentum is likely to persist .