First Financial Bancorp Declares Quarterly Cash Dividend

Rhea-AI Summary

On April 27, 2021, First Financial Bancorp (NASDAQ: FFBC) announced a quarterly cash dividend of $0.23 per common share, payable on June 15, 2021, to shareholders of record as of June 1, 2021. As of March 31, 2021, the company reported $16.2 billion in assets, $9.9 billion in loans, $12.6 billion in deposits, and $2.3 billion in shareholders' equity. The bank operates 143 full-service banking centers across Ohio, Indiana, Kentucky, and Illinois.

Positive

• Declared a quarterly cash dividend of $0.23, enhancing shareholder income.
• Robust asset base of $16.2 billion supports financial stability.
• Strong deposit levels at $12.6 billion indicate healthy customer confidence.

Negative

• None.

News Market Reaction – FFBC

+0.36%

1 alert

+0.36% News Effect

On the day this news was published, FFBC gained 0.36%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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

About First Financial Bancorp
First Financial Bancorp is a Cincinnati, Ohio based bank holding company.  As of March 31, 2021, the Company had $16.2 billion in assets, $9.9 billion in loans, $12.6 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 $3.1 billion in assets under management as of March 31, 2021. The Company operated 143 full service banking centers as of March 31, 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:http://www.prnewswire.com/news-releases/first-financial-bancorp-declares-quarterly-cash-dividend-301278346.html

SOURCE First Financial Bancorp.

FAQ

What is the dividend amount declared by FFBC in April 2021?

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

When is the dividend for FFBC payable?

The dividend is payable on June 15, 2021.

What is the record date for the FFBC dividend?

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

What were the total assets reported by FFBC as of March 31, 2021?

First Financial Bancorp reported total assets of $16.2 billion as of March 31, 2021.

How many banking centers does FFBC operate?

First Financial Bancorp operates 143 full-service banking centers.