See more : PG&E Corporation (PCG) Income Statement Analysis – Financial Results
Complete financial analysis of First Financial Bancorp. (FFBC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of First Financial Bancorp., a leading company in the Banks – Regional industry within the Financial Services sector.
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First Financial Bancorp. (FFBC)
About First Financial Bancorp.
First Financial Bancorp. operates as the bank holding company for First Financial Bank that provides commercial banking and related services to individuals and businesses in Ohio, Indiana, Kentucky, and Illinois. The company accepts various deposit products, such as interest-bearing and noninterest-bearing accounts, time deposits, and cash management services for commercial customers. It also provides real estate loans secured by residential property, such as one to four family residential housing units or commercial property comprising owner-occupied and/or investor income producing real estate consisting of apartments, shopping centers, or office buildings; commercial and industrial loans for various purposes, including inventory, receivables, and equipment; consumer loans comprising new and used vehicle loans, second mortgages on residential real estate, and unsecured loans; and home equity lines of credit. In addition, the company offers commercial financing to the insurance industry, registered investment advisors, certified public accountants, indirect auto finance companies, and restaurant franchisees. Further, it provides a range of trust and wealth management services; and lease and equipment financing services. As of December 31, 2021, the company operated 139 full service banking centers, 29 of which are leased facilities. It operates 62 banking centers in Ohio, three banking centers in Illinois, 62 banking centers in Indiana, and 12 banking centers in Kentucky. First Financial Bancorp. was founded in 1863 and is headquartered in Cincinnati, Ohio.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 796.67M | 708.78M | 623.62M | 645.63M | 615.63M | 552.62M | 359.69M | 343.84M | 324.19M | 292.23M | 299.47M | 337.97M | 406.43M | 422.34M | 238.20M | 167.95M | 182.09M | 200.93M | 186.23M | 203.79M | 207.09M | 219.46M | 217.21M | 215.07M | 206.50M | 165.40M | 142.40M | 123.70M | 110.90M | 101.40M | 93.50M | 87.50M | 76.10M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | -318.76M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 1.12B | 708.78M | 623.62M | 645.63M | 615.63M | 552.62M | 359.69M | 343.84M | 324.19M | 292.23M | 299.47M | 337.97M | 406.43M | 422.34M | 238.20M | 167.95M | 182.09M | 200.93M | 186.23M | 203.79M | 207.09M | 219.46M | 217.21M | 215.07M | 206.50M | 165.40M | 142.40M | 123.70M | 110.90M | 101.40M | 93.50M | 87.50M | 76.10M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 140.01% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 337.18M | 276.56M | 285.85M | 272.90M | 236.18M | 224.20M | 152.35M | 141.51M | 131.75M | 127.04M | 144.21M | 94.74M | 121.51M | 134.74M | 92.79M | 66.86M | 69.89M | 84.53M | 77.69M | 76.73M | 76.51M | 71.62M | 65.06M | 63.61M | 61.60M | 49.80M | 42.40M | 37.60M | 33.30M | 31.30M | 28.40M | 26.10M | 24.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 9.65M | 8.74M | 7.98M | 6.41M | 6.91M | 7.60M | 3.20M | 3.97M | 3.72M | 3.60M | 4.27M | 5.55M | 5.79M | 5.36M | 3.49M | 2.55M | 2.44M | 3.49M | 2.46M | 2.72M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 387.42M | 285.31M | 293.83M | 279.31M | 243.09M | 231.80M | 155.55M | 145.48M | 135.47M | 130.64M | 148.48M | 100.29M | 127.30M | 140.09M | 96.28M | 69.41M | 72.33M | 88.02M | 80.15M | 79.45M | 76.51M | 71.62M | 65.06M | 63.61M | 61.60M | 49.80M | 42.40M | 37.60M | 33.30M | 31.30M | 28.40M | 26.10M | 24.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 0.00 | -658.88M | -676.52M | -740.53M | -615.86M | -479.05M | -349.54M | -325.30M | -325.47M | -308.61M | -363.48M | -306.92M | -383.77M | -402.49M | -379.09M | -136.89M | -112.79M | -177.77M | -148.11M | -163.63M | -164.84M | -142.05M | -90.05M | -46.29M | -74.30M | -60.20M | -48.10M | -42.70M | -35.10M | -45.10M | -43.00M | -27.00M | -4.50M | 12.10M | 15.20M | 13.10M | 11.00M | 9.20M | 8.40M |
| Operating Expenses | 387.42M | -373.58M | -382.69M | -461.22M | -372.77M | -247.25M | -194.00M | -179.83M | -190.00M | -177.96M | -215.00M | -206.64M | -256.47M | -262.40M | -282.80M | -67.48M | -40.46M | -89.75M | -67.95M | -84.18M | -88.33M | -70.44M | -24.99M | 17.32M | -12.70M | -10.40M | -5.70M | -5.10M | -1.80M | -13.80M | -14.60M | -900.00K | 19.50M | 12.10M | 15.20M | 13.10M | 11.00M | 9.20M | 8.40M |
| Cost & Expenses | 387.42M | -373.58M | -382.69M | -461.22M | -372.77M | -247.25M | -194.00M | -179.83M | -190.00M | -177.96M | -215.00M | -206.64M | -256.47M | -262.40M | -282.80M | -67.48M | -40.46M | -89.75M | -67.95M | -84.18M | -88.33M | -70.44M | -24.99M | 17.32M | -12.70M | -10.40M | -5.70M | -5.10M | -1.80M | -13.80M | -14.60M | -900.00K | 19.50M | 12.10M | 15.20M | 13.10M | 11.00M | 9.20M | 8.40M |
| Interest Income | 903.00M | 585.01M | 483.22M | 524.96M | 607.58M | 540.38M | 333.07M | 305.95M | 269.76M | 247.86M | 245.21M | 280.93M | 308.82M | 343.50M | 233.23M | 183.31M | 206.44M | 205.53M | 200.70M | 202.98M | 208.29M | 241.01M | 289.75M | 315.53M | 282.40M | 219.50M | 192.20M | 171.30M | 153.90M | 133.50M | 123.30M | 128.40M | 136.30M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 275.23M | 65.86M | 31.10M | 68.45M | 123.32M | 91.15M | 49.53M | 33.28M | 23.26M | 19.23M | 16.89M | 27.59M | 44.92M | 67.99M | 57.25M | 67.10M | 87.94M | 80.45M | 67.73M | 59.23M | 63.41M | 78.25M | 126.78M | 145.42M | 117.20M | 88.40M | 76.80M | 69.70M | 63.60M | 49.60M | 47.60M | 59.00M | 74.90M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 37.80M | 38.81M | 39.56M | 41.23M | 35.46M | 24.17M | 12.65M | 13.04M | 13.27M | 12.79M | 14.27M | 15.83M | 11.95M | 0.00 | 0.00 | 6.68M | 8.08M | 8.48M | 10.59M | 11.05M | 19.48M | 10.32M | 8.81M | 2.18M | 9.20M | 8.30M | 5.60M | 4.70M | 5.10M | 5.70M | 5.90M | 3.60M | 3.30M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 356.40M | 280.53M | 283.01M | 233.54M | 271.00M | 238.39M | 128.81M | 143.77M | 124.20M | 107.81M | 81.85M | 119.58M | 116.99M | 102.93M | 447.81M | 0.00 | 0.00 | 0.00 | 71.13M | 87.74M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 12.10M | 15.20M | 13.10M | 11.00M | 9.20M | 8.40M |
| EBITDA Ratio | 44.74% | 48.87% | 40.21% | 30.29% | 41.02% | 59.63% | 49.58% | 51.49% | 45.48% | 43.48% | 32.97% | 43.54% | 39.84% | 37.87% | 188.00% | 63.80% | 82.22% | 59.55% | 69.20% | 64.11% | 66.76% | 72.61% | 92.55% | 109.07% | 98.31% | 98.73% | 99.93% | 99.68% | 102.98% | 92.01% | 90.70% | 103.09% | 129.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | 409.25M | 335.21M | 240.93M | 184.41M | 242.86M | 305.37M | 165.69M | 164.01M | 134.19M | 114.26M | 84.47M | 131.33M | 149.96M | 159.95M | 447.81M | 100.47M | 141.63M | 111.17M | 118.28M | 119.61M | 118.76M | 149.02M | 192.22M | 232.39M | 193.80M | 155.00M | 136.70M | 118.60M | 109.10M | 87.60M | 78.90M | 86.60M | 95.60M | 12.10M | 15.20M | 13.10M | 11.00M | 9.20M | 8.40M |
| Operating Income Ratio | 51.37% | 47.29% | 38.63% | 28.56% | 39.45% | 55.26% | 46.07% | 47.70% | 41.39% | 39.10% | 28.21% | 38.86% | 36.90% | 37.87% | 188.00% | 59.82% | 77.78% | 55.33% | 63.51% | 58.69% | 57.35% | 67.90% | 88.50% | 108.05% | 93.85% | 93.71% | 96.00% | 95.88% | 98.38% | 86.39% | 84.39% | 98.97% | 125.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | -90.66M | -71.90M | -52.18M | -62.87M | -46.78M | -44.31M | -42.80M | -22.30M | -38.22M | -35.58M | -69.31M | -5.38M | -11.95M | -8.03M | 379.09M | 0.00 | -87.94M | -956.00K | -6.52M | -1.52M | -63.41M | -78.25M | -126.78M | -145.42M | -117.20M | -88.40M | -76.80M | -69.70M | -63.60M | -49.60M | -47.60M | -60.90M | -74.90M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 318.60M | 241.72M | 240.93M | 184.41M | 242.86M | 214.22M | 116.16M | 130.73M | 110.93M | 95.03M | 67.58M | 103.75M | 105.04M | 91.95M | 390.57M | 33.37M | 53.69M | 30.72M | 43.42M | 60.38M | 55.36M | 70.77M | 65.44M | 86.96M | 76.60M | 66.60M | 59.90M | 48.90M | 45.50M | 38.00M | 31.30M | 25.70M | 20.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 39.99% | 34.10% | 38.63% | 28.56% | 39.45% | 38.76% | 32.30% | 38.02% | 34.22% | 32.52% | 22.57% | 30.70% | 25.84% | 21.77% | 163.96% | 19.87% | 29.49% | 15.29% | 23.32% | 29.63% | 26.73% | 32.25% | 30.13% | 40.44% | 37.09% | 40.27% | 42.06% | 39.53% | 41.03% | 37.48% | 33.48% | 29.37% | 27.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 62.73M | 24.11M | 35.77M | 28.60M | 44.79M | 41.63M | 19.38M | 42.21M | 35.87M | 30.03M | 19.23M | 36.44M | 38.30M | 32.70M | 144.02M | 10.40M | 18.01M | 9.45M | 12.61M | 19.26M | 17.45M | 22.54M | 22.13M | 28.74M | 26.30M | 22.50M | 19.60M | 15.00M | 13.70M | 9.80M | 7.00M | 6.20M | 4.10M | -12.10M | -15.20M | -13.10M | -11.00M | -9.20M | -8.40M |
| Net Income | 255.86M | 217.61M | 205.16M | 155.81M | 198.08M | 172.60M | 96.79M | 88.53M | 75.06M | 65.00M | 48.35M | 67.30M | 66.74M | 59.25M | 246.55M | 22.96M | 35.68M | 21.27M | 37.93M | 41.12M | 37.91M | 48.24M | 43.31M | 58.22M | 50.30M | 44.10M | 40.30M | 33.90M | 31.80M | 28.20M | 24.30M | 21.40M | 16.60M | 12.10M | 15.20M | 13.10M | 11.00M | 9.20M | 8.40M |
| Net Income Ratio | 32.12% | 30.70% | 32.90% | 24.13% | 32.17% | 31.23% | 26.91% | 25.75% | 23.15% | 22.24% | 16.15% | 19.91% | 16.42% | 14.03% | 103.50% | 13.67% | 19.60% | 10.59% | 20.37% | 20.18% | 18.30% | 21.98% | 19.94% | 27.07% | 24.36% | 26.66% | 28.30% | 27.41% | 28.67% | 27.81% | 25.99% | 24.46% | 21.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 2.72 | 2.33 | 2.16 | 1.60 | 2.01 | 1.95 | 1.57 | 1.45 | 1.23 | 1.11 | 0.84 | 1.16 | 1.16 | 1.01 | 5.40 | 0.62 | 0.93 | 0.54 | 0.89 | 0.94 | 0.85 | 1.05 | 0.91 | 1.19 | 1.02 | 1.03 | 0.96 | 0.87 | 0.83 | 0.79 | 0.70 | 0.65 | 0.53 | 0.41 | 0.53 | 0.55 | 0.51 | 0.43 | 0.40 |
| EPS Diluted | 2.69 | 2.30 | 2.14 | 1.59 | 2.00 | 1.93 | 1.56 | 1.43 | 1.21 | 1.09 | 0.83 | 1.14 | 1.14 | 0.99 | 5.33 | 0.61 | 0.93 | 0.54 | 0.88 | 0.94 | 0.85 | 1.05 | 0.91 | 1.19 | 1.02 | 1.03 | 0.95 | 0.87 | 0.83 | 0.78 | 0.69 | 0.65 | 0.53 | 0.41 | 0.53 | 0.55 | 0.51 | 0.43 | 0.40 |
| Weighted Avg Shares Out | 93.94M | 93.53M | 95.03M | 97.36M | 98.31M | 88.58M | 61.53M | 61.21M | 61.06M | 58.66M | 57.27M | 57.88M | 57.69M | 56.97M | 45.03M | 37.11M | 38.46M | 39.54M | 43.08M | 43.74M | 44.37M | 45.88M | 47.43M | 48.78M | 49.19M | 49.33M | 42.04M | 39.13M | 38.40M | 35.69M | 34.49M | 33.06M | 31.32M | 29.51M | 28.68M | 23.82M | 21.57M | 21.40M | 21.00M |
| Weighted Avg Shares Out (Dil) | 95.10M | 94.59M | 95.90M | 98.09M | 98.85M | 89.61M | 62.17M | 61.99M | 61.85M | 59.39M | 58.07M | 58.87M | 58.69M | 57.99M | 45.56M | 37.48M | 38.46M | 39.56M | 43.17M | 43.88M | 44.42M | 46.00M | 47.48M | 48.86M | 49.34M | 49.53M | 49.14M | 39.13M | 38.40M | 36.12M | 34.97M | 33.06M | 31.32M | 29.51M | 28.68M | 23.82M | 21.57M | 21.40M | 21.00M |
First Financial Bancorp Announces Third Quarter 2023 Financial Results and Quarterly Dividend
Earnings per diluted share of $0.66; $0.67 on an adjusted (1) basis; 10% increase YoY Return on average assets of 1.48%; 1.49% on an adjusted (1) basis Net interest margin on FTE basis (1) of 4.33%; 15 bp decrease from...
Best Income Stocks to Buy for October 19th
HSBC, FFBC and SEM made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 19, 2023.
First Financial Bancorp to Announce Third Quarter 2023 Financial Results on Tuesday, October 24, 2023
CINCINNATI , Oct. 6, 2023 /PRNewswire/ -- First Financial Bancorp. (Nasdaq: FFBC) announced today that it expects to release third quarter 2023 financial results after the market close on Tuesday, October 24, 2023.
First Financial (FFBC) Loses -7.52% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
First Financial (FFBC) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
First Financial Bank Receives National Award for Community Action
CINCINNATI , Sept. 1, 2023 /PRNewswire/ -- First Financial Bank (Nasdaq: FFBC) has been selected by the National Community Action Partnership (NCAP) to receive the Corporate Partnership Award, recognizing the bank's long-term commitment in supporting community action and working directly...
First Financial Bancorp Declares Quarterly Cash Dividend
CINCINNATI , July 25, 2023 /PRNewswire/ -- On Tuesday, July 25, 2023, the board of directors of First Financial Bancorp. (NASDAQ: FFBC) declared a quarterly cash dividend of $0.23 per common share.
First Financial Bancorp (FFBC) Beats Q2 Earnings Estimates (Revised)
First Financial Bancorp FFBC came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.55 per share a year ago.
First Financial Bancorp (FFBC) Q2 2023 Earnings Call Transcript
First Financial Bancorp (NASDAQ:FFBC ) Q2 2023 Earnings Conference Call July 21, 2023 8:30 AM ET Company Participants Archie Brown - President, Chief Executive Officer Jamie Anderson - Chief Financial Officer, Chief Operating Officer Bill Harrod - Chief Credit Officer...
Compared to Estimates, First Financial (FFBC) Q2 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for First Financial (FFBC) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street...
First Financial Bancorp (FFBC) Misses Q2 Earnings Estimates
First Financial Bancorp (FFBC) came out with quarterly earnings of $0.69 per share, missing the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.55 per share a year ago.
Source: https://incomestatements.info
Category: Stock Reports