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Side-by-side financial comparison of FIRST FINANCIAL BANCORP (FFBC) and Tarsus Pharmaceuticals, Inc. (TARS). Click either name above to swap in a different company.

FIRST FINANCIAL BANCORP is the larger business by last-quarter revenue ($271.5M vs $151.7M, roughly 1.8× Tarsus Pharmaceuticals, Inc.). FIRST FINANCIAL BANCORP runs the higher net margin — 27.4% vs -5.5%, a 32.9% gap on every dollar of revenue. Over the past eight quarters, Tarsus Pharmaceuticals, Inc.'s revenue compounded faster (134.4% CAGR vs 12.4%).

First Financial Bancorp is a regional bank headquartered in Cincinnati, Ohio, with its operations centers in the northern Cincinnati suburb of Springdale, and Greensburg, Indiana. Founded in 1863, First Financial has the sixth oldest national bank charter and has 131 locations throughout Ohio, Indiana, Kentucky, and Illinois. First Financial acquired Irwin Financial Corp and its subsidiaries through a government assisted transaction on September 18, 2009.

Tarsus Pharmaceuticals, Inc. is a late-stage clinical biopharmaceutical company focused on developing and commercializing innovative therapeutic candidates for unmet medical needs in ophthalmology, dermatology, and other specialty care areas. It operates primarily in the United States, with lead product candidates targeting common, underdiagnosed conditions including demodex blepharitis and rosacea.

FFBC vs TARS — Head-to-Head

Bigger by revenue
FFBC
FFBC
1.8× larger
FFBC
$271.5M
$151.7M
TARS
Higher net margin
FFBC
FFBC
32.9% more per $
FFBC
27.4%
-5.5%
TARS
Faster 2-yr revenue CAGR
TARS
TARS
Annualised
TARS
134.4%
12.4%
FFBC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FFBC
FFBC
TARS
TARS
Revenue
$271.5M
$151.7M
Net Profit
$74.4M
$-8.4M
Gross Margin
Operating Margin
-5.3%
Net Margin
27.4%
-5.5%
Revenue YoY
128.4%
Net Profit YoY
63.8%
EPS (diluted)
$0.71
$-0.17

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FFBC
FFBC
TARS
TARS
Q1 26
$271.5M
Q4 25
$238.8M
$151.7M
Q3 25
$234.0M
$118.7M
Q2 25
$226.3M
$102.7M
Q1 25
$200.4M
$78.3M
Q4 24
$224.3M
$66.4M
Q3 24
$201.3M
$48.1M
Q2 24
$214.8M
$40.8M
Net Profit
FFBC
FFBC
TARS
TARS
Q1 26
$74.4M
Q4 25
$-8.4M
Q3 25
$71.9M
$-12.6M
Q2 25
$70.0M
$-20.3M
Q1 25
$51.3M
$-25.1M
Q4 24
$-23.1M
Q3 24
$52.5M
$-23.4M
Q2 24
$60.8M
$-33.3M
Operating Margin
FFBC
FFBC
TARS
TARS
Q1 26
Q4 25
-5.3%
Q3 25
38.7%
-12.2%
Q2 25
38.8%
-21.6%
Q1 25
31.7%
-33.5%
Q4 24
-36.8%
Q3 24
32.2%
-52.3%
Q2 24
34.8%
-81.6%
Net Margin
FFBC
FFBC
TARS
TARS
Q1 26
27.4%
Q4 25
-5.5%
Q3 25
30.7%
-10.6%
Q2 25
30.9%
-19.8%
Q1 25
25.6%
-32.1%
Q4 24
-34.8%
Q3 24
26.1%
-48.7%
Q2 24
28.3%
-81.6%
EPS (diluted)
FFBC
FFBC
TARS
TARS
Q1 26
$0.71
Q4 25
$0.64
$-0.17
Q3 25
$0.75
$-0.30
Q2 25
$0.73
$-0.48
Q1 25
$0.54
$-0.64
Q4 24
$0.68
$-0.57
Q3 24
$0.55
$-0.61
Q2 24
$0.64
$-0.88

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FFBC
FFBC
TARS
TARS
Cash + ST InvestmentsLiquidity on hand
$417.3M
Total DebtLower is stronger
$13.1M
$72.4M
Stockholders' EquityBook value
$2.9B
$343.4M
Total Assets
$22.5B
$562.2M
Debt / EquityLower = less leverage
0.00×
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFBC
FFBC
TARS
TARS
Q1 26
Q4 25
$417.3M
Q3 25
$401.8M
Q2 25
$381.1M
Q1 25
$407.9M
Q4 24
$291.4M
Q3 24
$317.0M
Q2 24
$323.6M
Total Debt
FFBC
FFBC
TARS
TARS
Q1 26
$13.1M
Q4 25
$514.1M
$72.4M
Q3 25
$221.8M
$72.3M
Q2 25
$345.0M
$72.1M
Q1 25
$345.9M
$72.0M
Q4 24
$347.5M
$71.8M
Q3 24
$344.1M
$71.7M
Q2 24
$338.6M
$71.6M
Stockholders' Equity
FFBC
FFBC
TARS
TARS
Q1 26
$2.9B
Q4 25
$2.8B
$343.4M
Q3 25
$2.6B
$335.1M
Q2 25
$2.6B
$332.6M
Q1 25
$2.5B
$342.5M
Q4 24
$2.4B
$224.5M
Q3 24
$2.5B
$237.5M
Q2 24
$2.3B
$252.2M
Total Assets
FFBC
FFBC
TARS
TARS
Q1 26
$22.5B
Q4 25
$21.1B
$562.2M
Q3 25
$18.6B
$534.6M
Q2 25
$18.6B
$495.0M
Q1 25
$18.5B
$500.8M
Q4 24
$18.6B
$377.0M
Q3 24
$18.1B
$376.3M
Q2 24
$18.2B
$376.8M
Debt / Equity
FFBC
FFBC
TARS
TARS
Q1 26
0.00×
Q4 25
0.19×
0.21×
Q3 25
0.08×
0.22×
Q2 25
0.13×
0.22×
Q1 25
0.14×
0.21×
Q4 24
0.14×
0.32×
Q3 24
0.14×
0.30×
Q2 24
0.15×
0.28×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FFBC
FFBC
TARS
TARS
Operating Cash FlowLast quarter
$19.3M
Free Cash FlowOCF − Capex
$13.0M
FCF MarginFCF / Revenue
8.6%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-22.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFBC
FFBC
TARS
TARS
Q1 26
Q4 25
$337.9M
$19.3M
Q3 25
$89.8M
$18.3M
Q2 25
$69.8M
$-29.4M
Q1 25
$56.1M
$-20.7M
Q4 24
$262.2M
$-22.2M
Q3 24
$88.1M
$-8.7M
Q2 24
$68.1M
$-14.4M
Free Cash Flow
FFBC
FFBC
TARS
TARS
Q1 26
Q4 25
$317.1M
$13.0M
Q3 25
$85.8M
$16.3M
Q2 25
$64.8M
$-30.4M
Q1 25
$52.4M
$-21.2M
Q4 24
$241.1M
$-22.3M
Q3 24
$84.4M
$-8.9M
Q2 24
$64.8M
$-15.4M
FCF Margin
FFBC
FFBC
TARS
TARS
Q1 26
Q4 25
132.8%
8.6%
Q3 25
36.7%
13.8%
Q2 25
28.6%
-29.6%
Q1 25
26.1%
-27.1%
Q4 24
107.5%
-33.5%
Q3 24
42.0%
-18.6%
Q2 24
30.2%
-37.8%
Capex Intensity
FFBC
FFBC
TARS
TARS
Q1 26
Q4 25
8.7%
4.2%
Q3 25
1.7%
1.6%
Q2 25
2.2%
1.0%
Q1 25
1.9%
0.8%
Q4 24
9.4%
0.1%
Q3 24
1.8%
0.6%
Q2 24
1.5%
2.5%
Cash Conversion
FFBC
FFBC
TARS
TARS
Q1 26
Q4 25
Q3 25
1.25×
Q2 25
1.00×
Q1 25
1.09×
Q4 24
Q3 24
1.68×
Q2 24
1.12×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FFBC
FFBC

Net Interest Income$189.6M70%
Noninterest Income$81.9M30%

TARS
TARS

Segment breakdown not available.

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