First Financial Bancorp Declares Quarterly Cash Dividend

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Rhea-AI Summary

First Financial Bancorp (NASDAQ: FFBC) announced that its board of directors has declared a quarterly cash dividend of $0.24 per common share. The dividend will be paid on March 17, 2025, to shareholders who are on record as of March 3, 2025. The announcement was made on January 28, 2025.

Positive

Consistent dividend payment demonstrates financial stability
Quarterly dividend of $0.24 per share provides steady income for shareholders

Negative

None.

News Market Reaction – FFBC

-0.25%

1 alert

-0.25% News Effect

On the day this news was published, FFBC declined 0.25%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

01/28/2025 - 04:15 PM

CINCINNATI, Jan. 28, 2025 /PRNewswire/ -- On Tuesday, January 28, 2025, the board of directors of First Financial Bancorp. (NASDAQ: FFBC) declared a quarterly cash dividend of $0.24 per common share. The dividend is payable on March 17, 2025 to shareholders of record as of March 3, 2025.

About First Financial Bancorp.
First Financial Bancorp. is a Cincinnati, Ohio based bank holding company. As of December 31, 2024, the Company had $18.6 billion in assets, $11.8 billion in loans, $14.3 billion in deposits and $2.4 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 $3.7 billion in assets under management as of December 31, 2024. The Company operated 127 full service banking centers as of December 31, 2024, located 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.