First Financial Bancorp Declares Quarterly Cash Dividend

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.

News Market Reaction

+0.64%

1 alert

+0.64% News Effect

On the day this news was published, FFBC gained 0.64%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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

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.