First Financial Bancorp Declares Quarterly Cash Dividend

Rhea-AI Summary

On July 27, 2021, First Financial Bancorp (NASDAQ: FFBC) announced a quarterly cash dividend of $0.23 per share, payable on September 15, 2021, to shareholders on record as of September 1, 2021. As of June 30, 2021, the company reported $16.0 billion in assets, $9.5 billion in loans, and $12.5 billion in deposits. The company operates 139 banking centers primarily in Ohio, Indiana, Kentucky, and Illinois, offering services in Commercial, Retail Banking, Investment Commercial Real Estate, Mortgage Banking, Commercial Finance, and Wealth Management.

Positive

• Declared a quarterly cash dividend of $0.23 per share, showing confidence in future earnings.
• Strong asset base of $16.0 billion, indicating financial stability.

Negative

• None.

News Market Reaction – FFBC

+1.03%

1 alert

+1.03% News Effect

On the day this news was published, FFBC gained 1.03%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

CINCINNATI, July 27, 2021 /PRNewswire/ -- On Tuesday, July 27, 2021, 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 September 15, 2021 to shareholders of record as of September 1, 2021.

About First Financial Bancorp
First Financial Bancorp is a Cincinnati, Ohio based holding company.  As of June 30, 2021, the Company had $16.0 billion in assets, $9.5 billion in loans, $12.5 billion in deposits and $2.3 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 $3.2 billion in assets under management as of June 30, 2021.  The Company operated 139 full service banking centers as of June 30, 2021, 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-301342489.html

SOURCE First Financial Bancorp.

FAQ

What is the dividend amount declared by First Financial Bancorp?

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

When is the dividend payable for First Financial Bancorp?

The dividend is payable on September 15, 2021.

What is the record date for the dividend of First Financial Bancorp?

The record date for the dividend is September 1, 2021.

What are the total assets of First Financial Bancorp?

As of June 30, 2021, First Financial Bancorp had total assets of $16.0 billion.

In which states does First Financial Bancorp operate?

First Financial Bancorp operates primarily in Ohio, Indiana, Kentucky, and Illinois.