Welcome to our dedicated page for First Financial Bancorp news (Ticker: FFBC), a resource for investors and traders seeking the latest updates and insights on First Financial Bancorp stock.
First Financial Bancorp (NASDAQ: FFBC) is a Cincinnati, Ohio-based bank holding company for First Financial Bank, an Ohio state-chartered bank founded in 1863. The FFBC news feed highlights company announcements and events related to its commercial banking, retail banking, commercial finance and wealth management activities across its Midwestern footprint and nationwide lending platforms.
News coverage for First Financial Bancorp frequently includes earnings releases and teleconference announcements, where the company reports financial results for quarterly and year-to-date periods. These releases often discuss net income, earnings per share, net interest margin, noninterest income, loan and deposit trends, asset quality metrics and capital ratios, as well as commentary from management on business performance and outlook.
Investors can also follow dividend declarations and changes to the company’s common stock dividend, as disclosed in board of directors announcements. In addition, FFBC news items describe strategic acquisitions and expansion initiatives, such as the completed acquisition of Westfield Bancorp, Inc. and Westfield Bank, FSB in Northeast Ohio and the agreed all-stock acquisition of BankFinancial Corporation in the Chicago market. These stories provide detail on transaction terms, regulatory approvals, integration plans and the expected impact on the company’s geographic presence and product capabilities.
Another recurring theme in First Financial Bancorp news is capital markets activity, including the pricing and issuance of subordinated notes intended to qualify as Tier 2 capital. Press releases outline the terms of these offerings, use of proceeds and related SEC registration documents. The company also issues news regarding regulatory approvals for bank mergers, investor presentations and recognition such as Community Reinvestment Act ratings and workplace awards.
By monitoring the FFBC news page, readers can see how First Financial Bancorp communicates developments in its commercial banking, retail banking, commercial finance and wealth management lines of business, along with its acquisition strategy and capital management actions. Regular updates provide context for the company’s operations in Ohio, Indiana, Kentucky, Illinois and its broader commercial finance activities.
First Financial Bancorp (NASDAQ:FFBC) reported strong Q2 2025 financial results with earnings per diluted share of $0.73 ($0.74 adjusted). The company achieved record quarterly revenue of $226.3 million, representing a 5% year-over-year increase. Key performance metrics include a return on average assets of 1.52% and a robust net interest margin of 4.05%.
The bank demonstrated solid financial health with loan growth of 2% annualized and average deposit growth of 3% annualized. Asset quality remained stable with net charge-offs at 21 basis points. The Board approved a quarterly dividend increase to $0.25 per share, representing a 4.2% increase. Additionally, the company's pending acquisition of Westfield Bank in Northeast Ohio is progressing with regulatory approvals expected this year.
First Financial Bancorp (NASDAQ: FFBC) has scheduled its second quarter 2025 financial results announcement for Thursday, July 24, 2025 after market close. The company will host a conference call and webcast to discuss the results on Friday, July 25, 2025, at 8:30 a.m. Eastern time.
Investors can access the conference call via telephone at 1-888-550-5723 (toll-free) using access code 5048068. A replay will be available until August 8th, 2025. The webcast can be accessed through the company's investor relations website and will be archived for 12 months.
First Financial Bancorp (NASDAQ: FFBC) has announced a definitive agreement to acquire Westfield Bancorp in a cash-and-stock transaction valued at $325 million. The deal, structured as 80% cash and 20% stock at 1.4x price-to-tangible book value, will expand FFBC's presence in Northeast Ohio, particularly in Cleveland and Akron markets.
The acquisition will increase First Financial's total assets to $20.6 billion and make it the 8th largest bank by deposit market share in Ohio. The transaction is expected to close in Q4 2025, bringing strategic benefits including enhanced specialty lending verticals in premium finance, insurance agency, and RIA banking. Pro forma financial metrics include a TCE ratio of 7.4%, CET1 ratio of 10.9%, and projected ROA of 1.4% in 2026.
First Financial Bancorp (Nasdaq: FFBC) has announced the acquisition of Westfield Bancorp in a cash and stock transaction valued at $325 million. The deal combines Westfield's $2.2 billion in assets with First Financial's operations, creating a $20.6 billion Midwest-based institution.
The transaction, expected to close in Q4 2025, will be paid 80% in cash ($260 million) and 20% in First Financial stock (approximately 2.75 million shares). The acquisition is projected to be 12% accretive to First Financial's earnings with a tangible book value earn-back of approximately 2.9 years. All Westfield Bank retail locations will remain open and be rebranded as First Financial Bank locations.
First Financial Bancorp (NASDAQ: FFBC) has announced its latest quarterly cash dividend. The company's board of directors declared a dividend of $0.24 per common share on April 29, 2025.
Key dividend dates:
- Payment Date: June 16, 2025
- Record Date: June 2, 2025
This announcement represents the company's commitment to providing regular returns to its shareholders through cash dividends. The declaration was made during the board's meeting in Cincinnati.
First Financial Bancorp (FFBC) reported Q1 2025 financial results with net income of $51.3 million, or $0.54 per diluted share ($0.63 adjusted). The company achieved a return on average assets of 1.13% and maintained a robust net interest margin of 3.88% on a tax-equivalent basis.
Key highlights include noninterest income of $51.1 million ($61.0 million adjusted), noninterest expenses of $128.1 million ($126.6 million adjusted, showing a 3.3% decrease), and stable loan balances. The bank reported strong asset quality with nonperforming assets decreasing to 0.32% and total capital ratio increasing to 14.90%.
Notable achievements include winning the Gallup Exceptional Workplace Award and receiving an "Outstanding" CRA rating. The bank maintains strong capital positions with a tangible book value per share of $14.80, representing a 4.6% increase from the previous quarter.
First Financial Bancorp (FFBC) has scheduled its first quarter 2025 financial results announcement for Thursday, April 24, 2025, after market close. The company will host a teleconference and webcast to discuss the results on Friday, April 25, 2025, at 8:30 a.m. Eastern time.
Investors can access the teleconference through a toll-free number (1-888-550-5723) using access code 5048068. A replay will be available until May 9th, 2025. The webcast can be accessed at http://ir.bankatfirst.com/CorporateProfile and will remain archived on the company's website for 12 months after the live call.
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.
First Financial Bank (FFBC) announces its expansion into Michigan with the opening of a commercial banking office in Grand Rapids. The bank appointed Chris Turner, a Grand Rapids native with 32 years of financial industry experience, as commercial market president to lead the local commercial banking team.
The bank will offer Michigan businesses comprehensive banking solutions, including commercial credit, asset-based lending, ESOP, sponsor and family office banking, syndications, and treasury management. Specialty services will be provided through various divisions including Bannockburn Capital Markets, Summit Funding Group, Oak Street Funding, Agile Premium Finance, and Yellow Cardinal Advisory Group.
This expansion follows First Financial's recent growth into Chicago, Cleveland, and Evansville, Indiana markets. The bank aims to provide end-to-end solutions for business owners, from start-up to mergers and acquisitions, business succession, and legacy financial planning.
First Financial Bancorp (FFBC) reported strong Q4 2024 financial results with net income of $64.9 million, or $0.68 per diluted share, compared to $52.5 million ($0.55 per share) in Q3 2024. Full-year 2024 earnings were $2.40 per diluted share versus $2.69 in 2023.
Key Q4 highlights include a net interest margin of 3.94% on a tax-equivalent basis, noninterest income of $69.9 million, and robust loan growth of $208.7 million (7.2% annualized). Average deposits grew significantly by $543.1 million (15.7% annualized). The company maintained strong capital ratios with a total capital ratio of 14.43% and tier 1 common equity of 12.16%.
Asset quality remained stable with nonperforming assets at 0.36% of total assets and classified assets at 1.21%. The company completed significant workforce efficiency initiatives, eliminating 145 positions to date.