First Financial Bancorp: Q3 Earnings Insights

Shares of First Financial Bancorp (NASDAQ:FFBC) rose 15% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were down 21.43% year over year to $0.44, which beat the estimate of $0.37.

Revenue of $161,679,000 rose by 4.53% year over year, which beat the estimate of $155,520,000.

Guidance

First Financial Bancorp hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Recent Stock Performance

Company's 52-week high was at $26.19

52-week low: $10.83

Price action over last quarter: Up 13.91%

Company Profile

First Financial Bancorp is a mid-sized, regional bank holding company. It operates through its wholly owned subsidiary, First Financial Bank, and provides banking and financial services product through four lines of business: Commercial and Private Banking, Retail Banking, Investment Commercial Real Estate, and Commercial Finance. First Financial utilizes a community banking business model and serves a combination of metropolitan and non-metropolitan markets through full-service banking centers primarily in Indiana, Ohio, and Kentucky. The primary component of its loan portfolio is commercial real estate loans, followed by commercial and industrial loans. A majority of First Financial's net revenue is net interest income.