First Financial Bancorp Declares Quarterly Cash Dividend

On July 26, 2022, First Financial Bancorp.

(Neutral)

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Rhea-AI Summary

On July 26, 2022, First Financial Bancorp. (NASDAQ: FFBC) declared a quarterly cash dividend of $0.23 per common share. This dividend is payable on September 15, 2022, to shareholders of record as of September 1, 2022. As of June 30, 2022, First Financial Bancorp. reported $16.2 billion in assets, $9.4 billion in loans, $12.3 billion in deposits, and $2.1 billion in shareholders' equity, highlighting its robust financial standing.

Positive

Quarterly cash dividend of $0.23 per share boosts shareholder income.
Strong financial figures: $16.2 billion in assets and $2.1 billion in shareholders' equity.

Negative

None.

Argus Session date unavailable

+0.64% session move Open Argus

Details

News Market Reaction – FFBC

The recorded move for FFBC in the trading session of this news was +0.64%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

07/26/2022 - 04:15 PM EDT

CINCINNATI, July 26, 2022 /PRNewswire/ -- On Tuesday, July 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 September 15, 2022 to shareholders of record as of September 1, 2022.

About First Financial Bancorp.
First Financial Bancorp. is a Cincinnati, Ohio based bank holding company. As of June 30, 2022, the Company had $16.2 billion in assets, $9.4 billion in loans, $12.3 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 $3.0 billion in assets under management as of June 30, 2022. The Company operated 135 full service banking centers as of June 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.

View original content:https://www.prnewswire.com/news-releases/first-financial-bancorp-declares-quarterly-cash-dividend-301593544.html

SOURCE First Financial Bancorp.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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 shareholders?

The dividend is payable on September 15, 2022, to shareholders of record as of September 1, 2022.

What are the total assets and equity reported by First Financial Bancorp as of June 30, 2022?

As of June 30, 2022, First Financial Bancorp reported $16.2 billion in assets and $2.1 billion in shareholders' equity.

How often does First Financial Bancorp declare dividends?

First Financial Bancorp typically declares dividends quarterly.

First Financial Bancorp Declares Quarterly Cash Dividend