First Financial Bancorp is a Cincinnati, Ohio based bank holding company. As of June 30, 2020, the Company had $15.9 billion in assets, $10.2 billion in loans, $11.7 billion in deposits and $2.2 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 $2.8 billion in assets under management as of June 30, 2020. The Company operated 141 full service banking centers as of June 30, 2020, primarily in Ohio, Indiana and Kentucky, while the Commercial Finance business lends into targeted industry verticals on a nationwide basis.
Company profile
Ticker
FFBC
Exchange
Website
CEO
Archie Brown
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
First Financial Collateral, Inc. • First Financial Equipment Finance, LLC • First Franchise Capital Corporation • Irwin Home Equity Corporation • IHE Funding Corp. • MSB Investments of Nevada, Inc. • MSB Holdings • MSB of Nevada, LLC • First Financial Preferred Capital, Inc. • Oak Street Holdings Corporation ...
IRS number
311042001
FFBC stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
17 Mar 23
10-K
2022 FY
Annual report
24 Feb 23
8-K
Regulation FD Disclosure
14 Feb 23
8-K
First Financial Bancorp Announces Fourth Quarter and Full Year 2022 Financial Results and Quarterly Dividend
26 Jan 23
8-K
Departure of Directors or Certain Officers
10 Jan 23
8-K
Regulation FD Disclosure
7 Nov 22
10-Q
2022 Q3
Quarterly report
4 Nov 22
8-K
First Financial Bancorp Announces Third Quarter 2022 Financial Results
20 Oct 22
8-K
Regulation FD Disclosure
6 Sep 22
10-Q
2022 Q2
Quarterly report
5 Aug 22
Transcripts
FFBC
Earnings call transcript
2022 Q4
27 Jan 23
FFBC
Earnings call transcript
2022 Q3
21 Oct 22
FFBC
Earnings call transcript
2022 Q2
22 Jul 22
FFBC
Earnings call transcript
2022 Q1
22 Apr 22
FFBC
Earnings call transcript
2021 Q4
28 Jan 22
FFBC
Earnings call transcript
2021 Q3
22 Oct 21
FFBC
Earnings call transcript
2021 Q2
23 Jul 21
FFBC
Earnings call transcript
2021 Q1
23 Apr 21
FFBC
Earnings call transcript
2020 Q4
29 Jan 21
FFBC
Earnings call transcript
2020 Q3
23 Oct 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 207.50 mm | 207.50 mm | 207.50 mm | 207.50 mm | 207.50 mm | 207.50 mm |
| Cash burn (monthly) | (no burn) | 1.04 mm | 61.88 mm | 1.95 mm | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 3.15 mm | 186.76 mm | 5.88 mm | n/a | n/a |
| Cash remaining | n/a | 204.35 mm | 20.75 mm | 201.62 mm | n/a | n/a |
| Runway (months of cash) | n/a | 195.7 | 0.3 | 103.5 | n/a | n/a |
Institutional ownership, Q4 2022
75.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 226 |
| Opened positions | 37 |
| Closed positions | 27 |
| Increased positions | 82 |
| Reduced positions | 62 |
| 13F shares | Current |
|---|---|
| Total value | 1.60 tn |
| Total shares | 71.10 mm |
| Total puts | 1.60 k |
| Total calls | 1.60 k |
| Total put/call ratio | 1.0 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 13.51 mm | $327.36 bn |
| Vanguard | 10.76 mm | $260.69 bn |
| Dimensional Fund Advisors | 6.39 mm | $153.43 bn |
| MCQEF Macquarie | 6.13 mm | $148.50 bn |
| STT State Street | 3.96 mm | $95.96 bn |
| JPM JPMorgan Chase & Co. | 3.44 mm | $82.62 bn |
| Fort Washington Investment Advisors | 2.61 mm | $63.17 mm |
| Geode Capital Management | 1.79 mm | $43.07 bn |
| BK Bank Of New York Mellon | 1.43 mm | $34.65 bn |
| GS Goldman Sachs | 1.39 mm | $33.62 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 15 Mar 23 | Barron William G | Common Stock | Buy | Acquire P | Yes | No | 22.01 | 775 | 17.06 k | 74,930 |
| 15 Mar 23 | Barron William G | Common Stock | Buy | Acquire P | Yes | No | 22.01 | 1,132 | 24.92 k | 109,394 |
| 15 Mar 23 | Barron William G | Common Stock | Buy | Acquire P | No | No | 22.01 | 415 | 9.13 k | 85,561 |
| 15 Mar 23 | Barron William G | Common Stock | Buy | Acquire P | Yes | No | 22.01 | 5,727 | 126.05 k | 553,665 |
| 7 Mar 23 | Scott T Crawley | Common Stock | Grant | Acquire A | No | No | 0 | 4,357 | 0.00 | 18,089.85 |
| 7 Mar 23 | James R Shank | Common Stock | Grant | Acquire A | No | No | 0 | 4,893 | 0.00 | 15,577 |
| 7 Mar 23 | James M Anderson | Common Stock | Grant | Acquire A | No | No | 0 | 14,968 | 0.00 | 91,618 |
| 7 Mar 23 | John M Gavigan | Common Stock | Grant | Acquire A | No | No | 0 | 12,018 | 0.00 | 64,591 |
Press releases
First Financial Bancorp Nominates Dawn Morris and Andre Porter to Board of Directors, as Corinne Finnerty to Retire
27 Mar 23
CNO Financial Group Nominates Archie Brown and Adrianne Lee to its Board of Directors, Directors Ellyn Brown and Fred Sievert to Retire
15 Feb 23
First Financial Bancorp Announces Fourth Quarter and Full Year 2022 Financial Results and Quarterly Dividend
26 Jan 23
First Financial Bancorp to Announce Fourth Quarter and Full Year 2022 Financial Results on Thursday, January 26, 2023
9 Jan 23