Welcome to our dedicated page for First Fin Banc news (Ticker: FFBC), a resource for investors and traders seeking the latest updates and insights on First Fin Banc stock.
First Fin Banc (FFBC) combines 160+ years of banking tradition with modern financial solutions across commercial, retail, and wealth management services. This news hub provides investors and stakeholders with direct access to official company announcements and market-relevant updates.
Track FFBC's latest developments through verified press releases covering earnings reports, leadership changes, strategic partnerships, and regulatory filings. Our curated collection eliminates search friction by centralizing material information from all business segments: commercial lending, retail banking operations, real estate financing, and wealth management initiatives.
Bookmark this page for real-time updates on FFBC's community-focused banking solutions and financial performance indicators. The archive serves as a historical record of corporate milestones and operational developments, maintained with strict adherence to factual accuracy and timeliness.
First Financial Bancorp (FFBC) reported Q1 2025 financial results with net income of $51.3 million, or $0.54 per diluted share ($0.63 adjusted). The company achieved a return on average assets of 1.13% and maintained a robust net interest margin of 3.88% on a tax-equivalent basis.
Key highlights include noninterest income of $51.1 million ($61.0 million adjusted), noninterest expenses of $128.1 million ($126.6 million adjusted, showing a 3.3% decrease), and stable loan balances. The bank reported strong asset quality with nonperforming assets decreasing to 0.32% and total capital ratio increasing to 14.90%.
Notable achievements include winning the Gallup Exceptional Workplace Award and receiving an "Outstanding" CRA rating. The bank maintains strong capital positions with a tangible book value per share of $14.80, representing a 4.6% increase from the previous quarter.
First Financial Bancorp (FFBC) has scheduled its first quarter 2025 financial results announcement for Thursday, April 24, 2025, after market close. The company will host a teleconference and webcast to discuss the results on Friday, April 25, 2025, at 8:30 a.m. Eastern time.
Investors can access the teleconference through a toll-free number (1-888-550-5723) using access code 5048068. A replay will be available until May 9th, 2025. The webcast can be accessed at http://ir.bankatfirst.com/CorporateProfile and will remain archived on the company's website for 12 months after the live call.
First Financial Bancorp (NASDAQ: FFBC) announced that its board of directors has declared a quarterly cash dividend of $0.24 per common share. The dividend will be paid on March 17, 2025, to shareholders who are on record as of March 3, 2025. The announcement was made on January 28, 2025.
First Financial Bank (FFBC) announces its expansion into Michigan with the opening of a commercial banking office in Grand Rapids. The bank appointed Chris Turner, a Grand Rapids native with 32 years of financial industry experience, as commercial market president to lead the local commercial banking team.
The bank will offer Michigan businesses comprehensive banking solutions, including commercial credit, asset-based lending, ESOP, sponsor and family office banking, syndications, and treasury management. Specialty services will be provided through various divisions including Bannockburn Capital Markets, Summit Funding Group, Oak Street Funding, Agile Premium Finance, and Yellow Cardinal Advisory Group.
This expansion follows First Financial's recent growth into Chicago, Cleveland, and Evansville, Indiana markets. The bank aims to provide end-to-end solutions for business owners, from start-up to mergers and acquisitions, business succession, and legacy financial planning.
First Financial Bancorp (FFBC) reported strong Q4 2024 financial results with net income of $64.9 million, or $0.68 per diluted share, compared to $52.5 million ($0.55 per share) in Q3 2024. Full-year 2024 earnings were $2.40 per diluted share versus $2.69 in 2023.
Key Q4 highlights include a net interest margin of 3.94% on a tax-equivalent basis, noninterest income of $69.9 million, and robust loan growth of $208.7 million (7.2% annualized). Average deposits grew significantly by $543.1 million (15.7% annualized). The company maintained strong capital ratios with a total capital ratio of 14.43% and tier 1 common equity of 12.16%.
Asset quality remained stable with nonperforming assets at 0.36% of total assets and classified assets at 1.21%. The company completed significant workforce efficiency initiatives, eliminating 145 positions to date.
Elizabeth Park Capital Management (EPCM) has appointed J. Franklin Hall as partner and deputy portfolio manager. Hall, a financial services veteran, brings significant industry experience to the buyside investment platform. Prior to joining EPCM, Hall served as CFO at Radian Group (NYSE: RDN), where he successfully transformed the company's capital structure, leading to investment-grade credit ratings. His previous roles include COO and CFO positions at First Financial Bancorp (Nasdaq: FFBC), where he guided the firm through the 2008 Global Financial Crisis and managed several transformative acquisitions.
Hall's appointment is expected to strengthen EPCM's investment strategies and operations, leveraging his extensive experience in operational excellence and financial leadership. His career began at Ernst & Young before moving to Firstar Bank (now U.S. Bank) in its credit card division.
First Financial Bancorp (Nasdaq: FFBC) has announced its schedule for releasing fourth quarter and full year 2024 financial results. The company will disclose these results after market close on Thursday, January 23, 2025.
A teleconference and webcast to discuss the results will be held on Friday, January 24, 2025, at 8:30 a.m. Eastern time. Investors can access the teleconference through a toll-free dial-in number and participate in the discussion. The teleconference replay will be available until February 7th, 2025. Additionally, a webcast will be accessible through the company's investor relations website and will remain archived for 12 months.
First Financial Bancorp reported Q3 2024 net income of $52.5 million, or $0.55 per diluted share, compared to $60.8 million ($0.64/share) in Q2 2024. Key highlights include a net interest margin of 4.08% on a tax-equivalent basis, noninterest income of $45.7 million ($58.8 million adjusted), and average deposit growth of $166.2 million (4.9% annualized). The company maintained strong capital ratios with total capital ratio at 14.58% and declared a quarterly dividend of $0.24 per share. Asset quality remained stable with an ACL ratio of 1.37% to total loans and net charge-offs at 0.25%.
First Financial Bancorp (Nasdaq: FFBC) has announced the release date for its third quarter 2024 financial results. The company will disclose the results after the market closes on Thursday, October 24, 2024. Following this, a teleconference and webcast to discuss the results will be held on Friday, October 25, 2024, at 8:30 a.m. Eastern time.
Interested parties can access the teleconference by dialing 1-888-550-5723 (Toll Free) with the access code 5048068. The teleconference replay will be available until November 8th, 2024. Additionally, a webcast will be accessible at http://ir.bankatfirst.com/CorporateProfile and will be archived on the company's website for 12 months after the live call ends.
First Financial Bancorp (Nasdaq: FFBC) reported strong Q2 2024 results with earnings per diluted share of $0.64, or $0.65 adjusted. Highlights include:
- Return on average assets of 1.38% (1.40% adjusted)
- Net interest margin of 4.10% on a fully tax-equivalent basis
- Record fee income of $61.5 million
- Loan growth of $316.1 million (11.3% annualized)
- Average deposit growth of $351.1 million (10.6% annualized)
- Net charge-offs decreased to 0.15% of total loans
The Board approved a quarterly dividend increase to $0.24 per share. The company's performance was driven by strong loan and deposit growth, stable net interest margin, and record noninterest income, particularly in foreign exchange, leasing, and wealth management.
