First Fin Banc Stock Price, News & Analysis

CNO Financial Group, Inc. (NYSE: CNO) has announced the nomination of Archie Brown and Adrianne Lee to its Board of Directors for election during the May 10, 2023 annual meeting. Archie Brown, CEO of First Financial Bancorp, brings extensive experience in finance and risk management, while Adrianne Lee, CFO of Overstock.com, offers significant financial planning and e-commerce expertise. Their appointments fill the vacancies left by retiring directors Ellyn Brown and Fred Sievert, who have served since 2012 and 2011, respectively. The nominations aim to enhance board perspectives as CNO pursues its growth strategy.

First Financial Bancorp (FFBC) reported strong financial results for Q4 2022, achieving net income of $69.1 million or $0.73 per diluted share, up from $55.7 million or $0.59 per share in Q3 2022. The company's return on average assets improved to 1.63%, with a net interest margin of 4.47%, reflecting a 49 basis point increase from the previous quarter. Total loan growth was an impressive $501.5 million, representing a 20.3% annualized increase. First Financial also recorded a 14% rise in annual revenue, totaling $709 million. The board approved a quarterly dividend of $0.23 per share, payable on March 15, 2023.

First Financial Bancorp (Nasdaq: FFBC) will announce its fourth quarter and full year 2022 financial results on January 26, 2023, after market close. A teleconference and webcast to discuss these results is scheduled for January 27, 2023, at 8:30 a.m. Eastern time. The company, headquartered in Cincinnati, Ohio, reported $16.6 billion in assets, $9.8 billion in loans, and $12.3 billion in deposits as of September 30, 2022. Additional details can be found at www.bankatfirst.com.

On October 25, 2022, the board of directors of First Financial Bancorp. (NASDAQ: FFBC) declared a quarterly cash dividend of $0.23 per common share. This dividend will be payable on December 15, 2022, to shareholders of record as of December 1, 2022. As of September 30, 2022, First Financial Bancorp. reported assets of $16.6 billion, loans of $9.8 billion, deposits of $12.3 billion, and shareholders' equity of $2.0 billion. The company operates primarily in Ohio, Indiana, Kentucky, and Illinois.

First Financial Bancorp (FFBC) reported a third-quarter net income of $55.7 million or $0.59 per diluted share, a 7.7% increase from the previous quarter. Adjusted earnings per share rose to $0.61. The company's return on average assets was 1.35%, with a net interest margin of 3.98%, up 53 basis points from the last quarter. Loan growth reached $377 million, representing a 15.9% annualized growth rate. Noninterest income totaled $42.5 million, impacted by declining foreign exchange income and mortgage activity. The efficiency ratio stood at 69.3% while credit quality indicators showed declines in net charge-offs.

First Financial Bancorp (FFBC) will announce its third quarter 2022 financial results on October 20, 2022, after market close. A teleconference to discuss these results is scheduled for October 21, 2022, at 8:30 a.m. Eastern time. As of June 30, 2022, FFBC reported $16.2 billion in assets, $9.4 billion in loans, and $12.3 billion in deposits. The bank operates 135 full-service centers across Ohio, Indiana, Kentucky, and Illinois, providing a range of financial services.

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.

First Financial Bancorp (FFBC) reported a net income of $51.5 million for Q2 2022, translating to earnings per diluted share of $0.55, up from $0.44 in Q1 2022. Adjusted earnings were $0.56 per share. Total loan growth reached $191.4 million, marking an 8.3% annualized increase, with an improved net interest margin of 3.47%. Noninterest income rose 20.6% to $49.8 million, led by strong foreign exchange and leasing business income. Despite an increase in noninterest expenses to $103.2 million, the efficiency ratio stood at 61.8%, reflecting ongoing operational improvements.

First Financial Bancorp (NASDAQ: FFBC) announced it will release its second quarter 2022 financial results after market close on July 21, 2022. A teleconference to discuss these results will be held on July 22, 2022, at 8:30 a.m. Eastern time. As of March 31, 2022, the company reported assets totaling $16.0 billion and loans amounting to $9.2 billion. First Financial Bancorp operates 135 banking centers primarily in Ohio, Indiana, Kentucky, and Illinois, offering various banking services and managing approximately $3.3 billion in assets under management.