First Financial Bancorp Declares Quarterly Cash Dividend

Rhea-AI Summary

On April 26, 2022, First Financial Bancorp (NASDAQ: FFBC) announced a quarterly cash dividend of $0.23 per common share, payable on June 15, 2022, to shareholders of record as of June 1, 2022. As of March 31, 2022, the company reported total assets of $16.0 billion, loans of $9.2 billion, and deposits of $12.8 billion. With $2.1 billion in shareholders' equity, it operates 135 banking centers across Ohio, Indiana, Kentucky, and Illinois, providing various banking and financial services.

Positive

• Quarterly cash dividend of $0.23 enhances shareholder income.
• Strong asset base with $16.0 billion in total assets.
• Robust loan and deposit figures of $9.2 billion and $12.8 billion, respectively.

Negative

• None.

News Market Reaction – FFBC

-1.62%

1 alert

-1.62% News Effect

On the day this news was published, FFBC declined 1.62%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

CINCINNATI, April 26, 2022 /PRNewswire/ -- On Tuesday, April 26, 2022, the board of directors of First Financial Bancorp (NASDAQ: FFBC) declared a quarterly cash dividend of $0.23 per common share.  The dividend is payable on June 15, 2022 to shareholders of record as of June 1, 2022.

About First Financial Bancorp
First Financial Bancorp is a Cincinnati, Ohio based bank holding company.  As of March 31, 2022, the Company had $16.0 billion in assets, $9.2 billion in loans, $12.8 billion in deposits and $2.1 billion in shareholders' equity.  The Company's subsidiary, First Financial Bank, founded in 1863, provides banking and financial services products through its six lines of business:  Commercial, Retail Banking, Investment Commercial Real Estate, Mortgage Banking, Commercial Finance and Wealth Management.  These business units provide traditional banking services to business and retail clients.  Wealth Management provides wealth planning, portfolio management, trust and estate, brokerage and retirement plan services and had approximately $3.3 billion in assets under management as of March 31, 2022.  The Company operated 135 full service banking centers as of March 31, 2022, primarily in Ohio, Indiana, Kentucky and Illinois, while the Commercial Finance business lends into targeted industry verticals on a nationwide basis.  Additional information about the Company, including its products, services and banking locations, is available at www.bankatfirst.com.

View original content:https://www.prnewswire.com/news-releases/first-financial-bancorp-declares-quarterly-cash-dividend-301533463.html

SOURCE First Financial Bancorp.

FAQ

What is the dividend amount declared by First Financial Bancorp (FFBC)?

First Financial Bancorp declared a quarterly cash dividend of $0.23 per common share.

When is the dividend payable for FFBC?

The dividend is payable on June 15, 2022.

What is the record date for FFBC's dividend payment?

The record date for the dividend payment is June 1, 2022.

What are the total assets of First Financial Bancorp as of March 31, 2022?

As of March 31, 2022, First Financial Bancorp reported total assets of $16.0 billion.

How many banking centers does First Financial Bancorp operate?

First Financial Bancorp operates 135 full-service banking centers.