• Home
  •  / First Financial Bancorp

First Financial Bancorp

OverviewSuggest Edit

First Financial Bancorp. operates as the bank holding company for First Financial Bank that provides commercial banking and other banking, and banking-related services to individuals and businesses. The Company accepts various deposit products and provides loans of different types. In addition, it offers a range of trust and wealth management services, and long-term, lease, and equipment financing services.

TypePublic
Founded1863
HQCincinnati, OH, USMap
Websitebankatfirst.com
Employee Ratings3.7More
View Jobs

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)2,123
Revenue (FY, 2019)$131.4 M(+26992%)
Share Price (Jan 2021)$20 (-2%)
Cybersecurity ratingAMore

Key People/Management at First Financial Bancorp

Bill Harrod

Bill Harrod

Chief Credit Officer
Ann Davis

Ann Davis

Mortgage Lending President
J.R. Shank

J.R. Shank

Chief Internal Auditor
Rick Dennen

Rick Dennen

President of Commercial Finance
James M. Anderson

James M. Anderson

EVP, Chief Financial Officer
Claude E. Davis

Claude E. Davis

Chairman
Show more

First Financial Bancorp Office Locations

First Financial Bancorp has an office in Cincinnati
Cincinnati, OH, US (HQ)
255 E 5th St #700
Show all (1)

First Financial Bancorp Financials and Metrics

First Financial Bancorp Revenue

First Financial Bancorp's revenue was reported to be $131.37 m in FY, 2019
USD

Revenue (Q3, 2020)

49.5m

Net income (Q3, 2020)

41.5m

Market capitalization (21-Jan-2021)

2.0b

Closing stock price (21-Jan-2021)

20.0

Cash (30-Sept-2020)

207.1m

EV

3.6b
First Financial Bancorp's current market capitalization is $2 b.
Annual
USDFY, 2011FY, 2012FY, 2014FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

142.5m122.4m64.0m69.6m76.1m484.9k131.4m

Sales and marketing expense

5.8m5.6m3.6m4.0m3.2m7.6m6.9m

R&D expense

5.7m8.8m13.0m11.4m14.0m28.1m21.9m

Operating expense total

44.5m43.3m40.0m38.0m57.5m71.8m61.1m
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q4, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

43.7m41.1m28.1m31.9m33.5m30.8m26.7m11.6m22.3m73.6m14.2m16.3m16.5m17.6m21.4m20.4m75.2m15.5m20.2m16.9m17.4m17.5m22.9m16.9m175.6m28.7m26.8m34.6m33.1m35.4m42.7m49.5m

Cost of goods sold

23.4m

Gross profit

152.2m

Gross profit Margin, %

87%
show all
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

149.7m134.5m117.6m110.1m114.8m121.6m150.7m236.2m200.7m

Accounts Receivable

3.9b3.8b4.7b6.0b8.8b9.1b

Inventories

PP&E

138.1m146.7m137.1m141.4m136.6m131.6m125.0m215.7m214.5m
Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q4, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

96.7m104.2m108.3m125.9m126.4m154.2m106.2m114.7m177.7m117.6m161.5m123.2m121.4m111.0m116.3m112.3m114.8m102.7m106.2m118.0m117.9m117.5m117.8m116.6m216.7m193.3m169.0m169.7m242.5m261.9m283.6m207.1m

Accounts Receivable

4.0b3.9b4.0b3.9b3.8b3.8b3.8b3.9b3.4b3.9b3.6b3.6b4.4b4.7b4.8b5.2b5.3b5.5b5.6b5.7b5.7b5.8b5.9b6.0b8.8b8.8b8.8b8.9b9.0b9.2b10.0b10.0b

PP&E

115.9m114.8m120.3m141.7m142.7m146.6m146.9m142.7m139.1m137.1m135.1m133.4m141.9m140.5m139.2m139.0m136.6m138.0m134.0m132.1m131.8m129.0m126.8m127.0m224.0m219.9m210.7m211.3m213.7m212.8m211.2m209.5m

Goodwill

51.8m51.8m68.9m95.1m95.1m95.1m95.1m95.1m95.1m95.1m95.1m95.1m137.5m137.7m137.7m879.7m879.7m937.7m937.8m937.8m937.8m
show all
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

66.7m67.3m48.3m65.0m75.1m88.5m96.8m172.6m198.1m

Depreciation and Amortization

12.0m15.8m14.3m12.8m13.3m13.0m12.6m31.9m28.1m

Inventories

Accounts Payable

Quarterly
USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q4, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

17.2m33.2m48.8m17.0m34.8m51.0m13.8m29.7m44.6m48.3m15.1m31.1m46.4m17.6m36.6m55.2m75.1m19.8m42.4m65.2m24.4m47.2m72.0m30.5m66.9m117.6m45.8m98.5m149.4m28.6m66.0m107.5m

Depreciation and Amortization

2.8m5.8m8.7m3.6m7.7m11.8m3.9m7.6m11.1m14.3m3.2m6.2m9.5m3.2m6.4m9.7m13.3m3.3m6.5m9.8m3.3m6.4m9.5m3.1m10.2m17.3m6.5m13.0m20.1m8.5m14.8m25.0m

Cash From Operating Activities

79.9m127.0m155.6m66.8m112.5m117.7m21.9m79.7m125.2m164.4m13.1m18.7m43.8m15.1m55.8m57.8m91.6m10.5m41.5m76.7m31.8m42.0m93.0m52.3m114.7m174.6m38.0m59.7m108.1m(126.2m)(66.2m)(43.9m)

Purchases of PP&E

(3.1m)(4.6m)(9.7m)(6.8m)(10.8m)(18.6m)(3.9m)(5.4m)(6.0m)(7.3m)(1.6m)(2.6m)(7.6m)(2.3m)(4.0m)(6.4m)(7.5m)(4.9m)(5.0m)(6.4m)(3.1m)(4.2m)(4.8m)(5.0m)(13.7m)(15.5m)(1.3m)(7.8m)(15.2m)(5.8m)(9.8m)(13.4m)
show all
USDQ1, 2011

Debt/Equity

0.1 x

Financial Leverage

8.9 x
Show all financial metrics

First Financial Bancorp Operating Metrics

First Financial Bancorp's Total Loans was reported to be $5.9b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Non-accrual Loans

$48.47 m$49.15 m$39.67 m$35.71 m$28 m$22.01 m$22.28 m$18.30 m$17.73 m$33.16 m$36.57 m

Non-performing Loans

$64.40 m$64.58 m$59.76 m$55.94 m$56.87 m$52.13 m$50.30 m$50.47 m$47.97 m$63.11 m$56.71 m

Total Loans

$4.78 b$4.76 b$4.85 b$5.22 b$5.39 b$5.50 b$5.70 b$5.79 b$5.76 b$5.75 b$5.87 b
Show all operating metrics

First Financial Bancorp Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

Learn more about our premium products
SecurityScorecard logo

First Financial Bancorp Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

Learn more about our premium products
CSRHub logo

First Financial Bancorp Online and Social Media Presence

First Financial Bancorp's Trends

Embed Graph

First Financial Bancorp News and Updates

October 07, 2020

First Financial Bancorp to Announce Third Quarter 2020 Financial Results on Thursday, October 22, 2020

CINCINNATI, Oct. 7, 2020 /PRNewswire/ -- First Financial Bancorp (Nasdaq: FFBC) announced today that it expects to release third quarter 2020 financial results after the market close on Thursday, October 22, 2020. A teleconference and webcast to discuss these results will be held on...
July 08, 2020

First Financial Bancorp to Announce Second Quarter 2020 Financial Results on Thursday, July 23, 2020

CINCINNATI, July 8, 2020 /PRNewswire/ -- First Financial Bancorp (Nasdaq: FFBC) announced today that it expects to release second quarter 2020 financial results after the market close on Thursday, July 23, 2020. A teleconference and webcast to discuss these results will be held on Friday,...
January 08, 2020

First Financial Bancorp to Announce Fourth Quarter and Full Year 2019 Financial Results on Thursday, January 23, 2020

CINCINNATI, Jan. 8, 2020 /PRNewswire/ -- First Financial Bancorp (Nasdaq: FFBC) announced today that it expects to release fourth quarter and full year 2019 financial results after the market close on Thursday, January 23, 2020. A teleconference and webcast to discuss these results will...
October 07, 2019

First Financial Bancorp to Announce Third Quarter 2019 Financial Results on Thursday, October 17, 2019

CINCINNATI, Oct. 7, 2019 /PRNewswire/ -- First Financial Bancorp (Nasdaq: FFBC) announced today that it expects to release third quarter 2019 financial results after the market close on Thursday, October 17, 2019. A teleconference and webcast to discuss these results will be held on...
July 18, 2019

First Financial Bancorp Announces Second Quarter Financial Results

CINCINNATI, July 18, 2019 /PRNewswire/ -- First Financial Bancorp. (Nasdaq: FFBC) ("First Financial" or the "Company") announced financial results for the second quarter 2019 and an increase in the quarterly dividend from $0.22 to $0.23 per share, payable on September 16, 2019 to...
July 08, 2019

First Financial Bancorp to Announce Second Quarter 2019 Financial Results on Thursday, July 18, 2019

CINCINNATI, July 8, 2019 /PRNewswire/ -- First Financial Bancorp (Nasdaq: FFBC) announced today that it expects to release second quarter 2019 financial results after the market close on Thursday, July 18, 2019. A teleconference and webcast to discuss these results will be held on Friday, ...
Show more

 First Financial Bancorp Frequently Asked Questions

  • When was First Financial Bancorp founded?

    First Financial Bancorp was founded in 1863.

  • Who are First Financial Bancorp key executives?

    First Financial Bancorp's key executives are Bill Harrod, Ann Davis and J.R. Shank.

  • How many employees does First Financial Bancorp have?

    First Financial Bancorp has 2,123 employees.

  • What is First Financial Bancorp revenue?

    Latest First Financial Bancorp annual revenue is $131.4 m.

  • What is First Financial Bancorp revenue per employee?

    Latest First Financial Bancorp revenue per employee is $61.9 k.

  • Who are First Financial Bancorp competitors?

    Competitors of First Financial Bancorp include Thrivent, First Financial Bankshares and CVB Financial.

  • Where is First Financial Bancorp headquarters?

    First Financial Bancorp headquarters is located at 255 E 5th St #700, Cincinnati.

  • Where are First Financial Bancorp offices?

    First Financial Bancorp has an office in Cincinnati.

  • How many offices does First Financial Bancorp have?

    First Financial Bancorp has 1 office.