First Financial Bancorp /Oh/FFBC
What First Financial Bancorp /Oh/ does.
First Financial Bancorp., an Ohio corporation (First Financial or the Company), was formed in 1982. First Financial is a mid-sized, regional bank holding company headquartered in Cincinnati, Ohio, which has elected to become a financial holding company. References in this Form 10-K to “we,” “us” or “our” refer, as the context requires, to First Financial and its subsidiaries, collectively or to First Financial as the holding company.
First Financial engages in the business of commercial banking and other banking and banking-related activities through its wholly-owned subsidiary, First Financial Bank (the Bank), which was founded in 1863. Effective December 30, 2016, the Bank converted its charter to an Ohio state chartered bank from a nationally chartered bank.
The range of banking services provided by First Financial to individuals and businesses includes commercial lending, real estate lending and consumer financing. Real estate loans are loans secured by a mortgage lien on the real property of the borrower, which may either be residential property (one to four family residential housing units) or commercial property (owner-occupied and/or investor income producing real estate, such as apartments, shopping centers, or office buildings). Risk of loss related to lending activities is managed by adherence to standard loan policies that establish certain levels of performance prior to the extension of a loan to the borrower. In addition, First Financial offers deposit products that include interest-bearing and noninterest-bearing accounts, time deposits and cash management services for retail and commercial customers. A full range of trust and wealth management services is also provided through First Financial’s Wealth Management line of business.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $645.6M | $623.6M | $708.8M | $840.2M | $835.6M | $899.5M |
| Net income | $155.8M | $205.2M | $217.6M | $255.9M | $228.8M | $255.6M |
| Free cash flow | $91.9M | $372.8M | $187.1M | $462.8M | $241.1M | $317.1M |
More on FFBC.
- First Financial Bancorp /Oh/ summary
- First Financial Bancorp /Oh/ financial statements
- First Financial Bancorp /Oh/ key metrics
- First Financial Bancorp /Oh/ health scores and style box
- First Financial Bancorp /Oh/ earnings
- First Financial Bancorp /Oh/ dividends
- First Financial Bancorp /Oh/ valuation
- First Financial Bancorp /Oh/ ownership and insiders
- First Financial Bancorp /Oh/ peers
Figures from First Financial Bancorp /Oh/'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.