FIRST FINANCIAL CORP /IN/ — Form 8-K
Filed August 27, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 72/100
What the filing says
First Financial Corporation (Indiana, ~$584M market cap) will acquire First Illinois Corporation (Illinois bank holding company) in an all-stock transaction at Exchange Ratio of 0.5727 Buyer shares per Company share, with a cash alternative of $44.35/share capped at 727,377 shares. Merger consideration is subject to downward adjustment if Company equity falls below $82.4M at close. Effective August 26, 2026, the deal includes bank merger of Hickory Point Bank into First Financial Bank.
Why this rating
Meaningful M&A for Buyer at ~14% revenue-comparable scale. Adds deposit base and loan portfolio. Execution risk on integration and regulatory approvals moderate. Exchange ratio fixed; equity collar absent. Creates modest scale uplift.
Tradability signal
NO TRADE
No trade: positive news with only -0.4% moved so far — good news prices in within seconds and long-side continuation has shown no measured edge (this cell: -3.52% over 4 hrs, n=5).
Derived from this site's own measured outcomes + live price/liquidity at analysis time. An experiment, not investment advice.
Price action (we called it positive)
before filing · preread $79.84 ▲ 0.39% | at our read · backfill $79.53 | +10 min · backfill $79.68 ▲ 0.19% | +30 min · backfill $79.85 ▲ 0.40% | +1 hr · backfill $79.81 ▲ 0.35% |
The stock had already moved -0.39% between hitting EDGAR and our read finishing — deltas above are measured from our read.
Quotes via Yahoo Finance at capture time; for filings arriving outside market hours the clock starts at the next open. Not investment advice. How accurate are our calls? →
See more from August 27, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.