In the Q1, First Financial Corporation's corporate clients experienced a reduction by -1.97 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -2.16 %. During the corresponding time, First Financial Corporation recorded a revenue increase by 8.37 % year on year, sequentially revenue fell by -3.81 %. While revenue at the First Financial Corporation's corporate clients fell by -3.81 % year on year, sequentially revenue fell by -4.95 %.
Customers of First Financial Corporation saw their costs of revenue decrease by -1.97 % in Q1 compare to a year ago, sequentially costs of revenue were trimmed by -2.16 %, for the same period First Financial Corporation recorded revenue increase by 8.37 % year on year, sequentially revenue fell by -3.81 %.
First Financial's Comment on Sales, Marketing and Customers
First Financial Bank, N.A. operates six full-service banking branches in Vigo County, Indiana, with additional branches located in Indiana, Illinois, Kentucky, Tennessee, and Georgia. The bank's loan portfolio consists of various small loan products distributed among a large number of individual borrowers to mitigate risk. The corporation's business activities are concentrated in west-central Indiana, east-central Illinois, western Kentucky, eastern and central Tennessee, and northern Georgia. It competes with commercial banks, a mutual savings bank, consumer finance companies, insurance companies, brokerage firms, and credit unions. Customers mentioned in filings include Fort Webb LP, LLC and JBMM, LLC.
First Financial’s Comment on Sales, Marketing and Customers
First Financial Bank, N.A. operates six full-service banking branches in Vigo County, Indiana, with additional branches located in Indiana, Illinois, Kentucky, Tennessee, and Georgia. The bank's loan portfolio consists of various small loan products distributed among a large number of individual borrowers to mitigate risk. The corporation's business activities are concentrated in west-central Indiana, east-central Illinois, western Kentucky, eastern and central Tennessee, and northern Georgia. It competes with commercial banks, a mutual savings bank, consumer finance companies, insurance companies, brokerage firms, and credit unions. Customers mentioned in filings include Fort Webb LP, LLC and JBMM, LLC.
Sources:
First Financial Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: First Financial Corporation’s corporate clients.
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