First Financial Bancorp Declares Quarterly Cash Dividend

Rhea-AI Summary

On October 25, 2022, the board of directors of First Financial Bancorp. (NASDAQ: FFBC) declared a quarterly cash dividend of $0.23 per common share. This dividend will be payable on December 15, 2022, to shareholders of record as of December 1, 2022. As of September 30, 2022, First Financial Bancorp. reported assets of $16.6 billion, loans of $9.8 billion, deposits of $12.3 billion, and shareholders' equity of $2.0 billion. The company operates primarily in Ohio, Indiana, Kentucky, and Illinois.

AI-generated analysis. Not financial advice.

Positive

• Declared a quarterly cash dividend of $0.23 per share, indicating continued shareholder returns.
• Strong asset position with $16.6 billion in assets as of September 30, 2022.

Negative

• None.

News Market Reaction – FFBC

+0.29%

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+0.29% News Effect

On the day this news was published, FFBC gained 0.29%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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CINCINNATI, Oct. 25, 2022 /PRNewswire/ -- On Tuesday, October 25, 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 December 15, 2022 to shareholders of record as of December 1, 2022.

About First Financial Bancorp.

First Financial Bancorp. is a Cincinnati, Ohio based bank holding company. As of September 30, 2022, the Company had $16.6 billion in assets, $9.8 billion in loans, $12.3 billion in deposits and $2.0 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 $3.0 billion in assets under management as of September 30, 2022. The Company operated 134 full service banking centers as of September 30, 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.

Contact Information

Investors/Analysts	Media
Jamie Anderson	Tim Condron
Chief Financial Officer	Marketing Communications Manager
(513) 887-5400	(513) 979-5796
InvestorRelations@bankatfirst.com	Media@bankatfirst.com

 

View original content:https://www.prnewswire.com/news-releases/first-financial-bancorp-declares-quarterly-cash-dividend-301658959.html

SOURCE First Financial Bancorp.

FAQ

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

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

When will the dividend for FFBC be paid?

The dividend will be payable on December 15, 2022.

What is the record date for the FFBC dividend?

The record date for the dividend is December 1, 2022.

What are the total assets of First Financial Bancorp as of September 30, 2022?

As of September 30, 2022, First Financial Bancorp had total assets of $16.6 billion.