Shares of First Financial Bancorp FFBC fell in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were up 61.29% year over year to $0.50, which beat the estimate of $0.48.
Revenue of $154,198,000 rose by 3.03% from the same period last year, which missed the estimate of $157,260,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Recent Stock Performance
52-week high: $26.62
52-week low: $10.83
Price action over last quarter: Up 29.07%
Company Overview
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.
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