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First Financial Bancorp. (FFBC) Company Profile

Updated May 14, 2020
First Financial Bancorp. has the following business profile:
Company's Full Name:First Financial Bancorp.
Short Name:First Financial Bancorp.
Trading Ticker Symbol:FFBC
Primary Exchange:NASDAQ
Headquarter City/Country:Ohio, OH
Primary Industry Sector:Finance
Seconday Sub-sector:Major Banks
Main Business Areas: Finance, Major Banks, Financial Services, Regional US Banks, Bank
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding First Financial Bancorp. stock

Market and Trading Information for First Financial Bancorp.

The following details were available for trading and market data about the stock of First Financial Bancorp. as of writing:
Current Share Price:$11.8
Previous Year's Closing Price:$25.44
Percentage Price Change (YTD):-53.62%
Market Cap:$1.16 billion
52-week Price Range:$10.84 - $26.19
Dividend Per Share:$0.91
EPS (TTM):1.82
Price-Earnings (Trailing):6.48
Price-Earnings (Forward):10

Company Profile and Business Description for First Financial Bancorp.

First Financial Bancorp. (First Financial), incorporated on August 2, 1982, is a regional bank holding company. First Financial is engaged in the business of commercial banking and other banking and banking-related activities through its subsidiary, First Financial Bank, National Association (the Bank). The range of banking services provided by First Financial to individuals and businesses includes commercial lending, real estate lending and consumer financing. In addition, First Financial offers deposit products that include interest-bearing and non-interest-bearing accounts, time deposits, and cash management services for commercial customers. First Financial's Wealth Management division provides a range of trust and asset management services. As of December 31, 2016, the Company operated 102 banking centers. The Company's banking operating markets are located within the three state region of Ohio, Indiana and Kentucky. As of December 31, 2016, the Company operated 60 banking centers in Ohio, 38 banking centers in Indiana and four banking centers in Kentucky. In addition, the Company operates its Commercial Finance division, responsible for its insurance lending business and franchise lending business, from a non-banking center location in Indiana with additional franchise lending operation related services located in New Jersey.

Lending Activities

The Company offers a range of secured loans, including commercial lines of credit, commercial term loans, real estate, construction, home equity, consumer and other loans. Many of the Company's loans are secured by real estate (both residential and commercial) in its market area. Real estate loans are loans secured by a mortgage lien on the real property of the borrower, which may either be residential property (one- to four-family residential housing units) or commercial property (owner-occupied and/or investor income producing real estate, such as apartments, shopping centers and office buildings). Commercial and industrial loans are made to all types of businesses for a range of purposes, including inventory, receivables and equipment. First Financial works with businesses to meet their shorter term working capital needs and also provides long-term financing for their business plans. First Financial also offers lease and equipment financing through a subsidiary of the Bank, First Financial Equipment Finance LLC (First Equipment Finance).

The Company's commercial and industrial lending activities include equipment and leasehold improvement financing for franchisees throughout the United States, principally in the quick service and casual dining sector. First Financial also offers financing to the insurance industry through a subsidiary of the Bank, Oak Street Funding LLC (Oak Street Funding). Commercial real estate loans are secured by a mortgage lien on the real property. Consumer loans are primarily loans made to individuals. These types of loans include new and used vehicle loans, second mortgages on residential real estate and unsecured loans. Consumer loans are smaller dollar amounts than other types of lending and are made to a number of customers. Home equity lines of credit consist of revolving lines of credit secured by residential real estate. As of December 31, 2016, the Company's total loans amounted to $5.75 billion.

Investment Activities

The Company maintains an available for sale investment securities portfolio, which includes assets with various types of instruments and maturities. The Company maintains investment securities and trading positions in the fixed income markets. The Company's investment securities consist of the United States treasuries, securities of the United States Government agencies and corporations, mortgage-backed securities, obligations of state and other political subdivisions, asset-backed securities, and other securities. As of December 31, 2016, the Company's total investment securities available-for-sale amounted to $1,039.8 million and total investment securities held-to-maturity amounted to $763.5 million.

Sources of Funds

First Financial offers deposit products that include interest-bearing and noninterest-bearing accounts, time deposits, and cash management services for commercial customers. Other sources of funding available to the Company include inter-bank borrowings, repurchase agreements and borrowings from the Federal Home Loan Bank system. As of December 31, 2016, the Company's total deposits amounted to $6.5 billion.

255 E 5th St Ste 800

ETFs Holding First Financial Bancorp. Stock

As of March 2020, the following exchange-traded funds (ETF) hold the First Financial Bancorp. stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have First Financial Bancorp. stock holding. There are a total of 71 ETFs in Fknol.com records which are holding First Financial Bancorp. stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
Ratio
No. of
Holdings
Dividend
Frequency
DEWWisdomTree Global Equity Income FundThe WisdomTree Global High Dividend ETF tracks an index of the top 30% of global dividend-paying stocks ranked by dividend yield and weighted by dividends. ...Full Details0.58%660
Full List
Quarterly
DHSWisdomTree US High Dividend FundThe WisdomTree U.S. High Dividend Fund tracks a dividend-weighted index of high-dividend-paying US companies. The index excludes companies with a market cap of less than $200 million. ...Full Details0.38%438
Full List
Monthly
DTDWisdomTree US Total Dividend ETFThe WisdomTree U.S. Total Dividend Fund tracks an index of U.S. companies selected and weighted based on the dollar amount of dividends paid. ...Full Details0.28%864
Full List
Monthly
ESGVVanguard ESG US Stock ETFThe Vanguard ESG U.S. Stock ETF tracks a market-cap-weighted index of US companies screened for environmental, social, and corporate governance (ESG) criteria. ...Full Details0.12%988
Full List
Quarterly
EXTWisdomTree US Total Earnings ETFThe WisdomTree U.S. Total Earnings Fund tracks an index selected and weighted by earnings over the past four quarters. ...Full Details0.28%1233
Full List
Quarterly
FDLFirst Trust Morningstar Dividend LeadersThe First Trust Morningstar Dividend Leaders ETF tracks a dividend-weighted index of US companies with consistent and sustained dividend payments. The fund holds roughly 100 securities and excludes REITs. ...Full Details0.45%101
Full List
Quarterly
FNCLFidelity MSCI Financials Index ETFThe Fidelity MSCI Financials ETF tracks a market-cap-weighted index of stocks in the broad US financials sector. ...Full Details0.08%377
Full List
Quarterly
FNDBSchwab Fundamental US Broad Market Index ETFThe Schwab Fundamental U.S. Broad Market Index ETF tracks a fundamentally selected and weighted Russell Index based on sales, cash flow and dividends/buybacks. ...Full Details0.25%1481
Full List
Quarterly
IEFNiShares Evolved US Financials ETFThe iShares Evolved U.S. Financials ETF is an actively managed, market-cap-weighted fund of large-, mid-, and small-cap US stocks in the financial sector, according to an alternative classification system defined by machine learning algorithms. ...Full Details0.18%254
Full List
Annually
ITOTiShares Core S&P Total US Stock Market ETFThe iShares Core S&P Total U.S. Stock Market ETF tracks a market cap-weighted index of all common equities listed on the NYSE and the NASDAQ. ...Full Details0.03%3090
Full List
Quarterly

See Full List of ETFs holding First Financial Bancorp. stock in their respective portfolios.

Peer / Competitor Companies of Major Banks Sector

Along with First Financial Bancorp., the following other peer (competitor) companies also exist within the same Major Banks - Finance sector whose company profile and dividend history is as follows:

▶ 1st Source (SRCE): 1st Source Corporation operates as the holding company for 1st Source Bank that provides commercial and consumer banking services, trust and investment management services, and insurance to individual....See Detailed Company Profile,  Dividend History

▶ ACNB (ACNB): ACNB Corporation, incorporated on November 9, 1982, is a financial holding company. The Companys banking operations are conducted through its operating subsidiary, ACNB Bank (the Bank), and offers a range ....See Detailed Company Profile,  Dividend History

▶ Allegiance Bancshares (ABTX): Allegiance Bancshares, Inc., incorporated on April 30, 2008, is a bank holding company. Through its subsidiary, Allegiance Bank (the Bank), the Company provides a range of commercial banking services primarily ....See Detailed Company Profile,  Dividend History

▶ American National Bankshares (AMNB): American National Bankshares Inc. operates as the bank holding company for American National Bank and Trust Company that provides financial products and services. The company operates through two segm....See Detailed Company Profile,  Dividend History

▶ American River Bankshares (AMRB): American River Bankshares operates as the holding company for American River Bank that provides commercial banking products and services to small and middle-market businesses, and individuals in Calif....See Detailed Company Profile,  Dividend History

▶ Ameris Bancorp (ABCB): Ameris Bancorp operates as the holding company for Ameris Bank that provides banking services to retail and commercial customers primarily in Georgia, Alabama, Florida, and South Carolina. The company....See Detailed Company Profile,  Dividend History

▶ AmeriServ Financial (ASRV): AmeriServ Financial Inc. operates as the bank holding company for AmeriServ Financial Bank that provides various consumer, mortgage, and commercial financial products. It offers retail banking service....See Detailed Company Profile,  Dividend History

▶ Ames National (ATLO): Ames National Corporation, incorporated on January 15, 1975, is a bank holding company. The Company operates through banking segment. The Company owns five banking subsidiaries consisting of two national banks ....See Detailed Company Profile,  Dividend History

▶ ANZ Bank ADR (ANZBY): Australia and New Zealand Banking Group Limited provides various banking and financial products and services. The company's Australia division offers retail products and services to consumers through the branch....See Detailed Company Profile,  Dividend History

▶ Arrow Financial (AROW): Arrow Financial Corporation (Arrow), incorporated on March 21, 1983, is a bank holding company. The Companys banking subsidiaries are Glens Falls National Bank and Trust Company (Glens Falls National) and ....See Detailed Company Profile,  Dividend History

▶ Associated Banc-Corp (ASB): Associated Banc-Corp, incorporated on October 20, 1964, is a bank holding company. The Company, through its banking subsidiary Associated Bank, National Association (the Bank) and various nonbanking subsidiaries, provides a ....See Detailed Company Profile,  Dividend History

▶ Atlantic Capital Bancshares (ACBI): Atlantic Capital Bancshares, Inc. operates as the holding company for Atlantic Capital Bank, N.A. that provides commercial banking products and services in the United States. The company offers NOW, m....See Detailed Company Profile,  Dividend History

▶ Auburn National Bancorporation (AUBN): Auburn National Bancorporation, Inc., incorporated on April 12, 1990, is a bank holding company. The Company operates through its subsidiary AuburnBank (the Bank), which is a commercial bank located in ....See Detailed Company Profile,  Dividend History

▶ Banc of California (BANC): Banc of California, Inc. operates as the bank holding company for Banc of California, National Association that provides banking products and services in the United States. The company's deposits cons....See Detailed Company Profile,  Dividend History

▶ BancFirst (BANF): BancFirst Corporation, incorporated on July 12, 1984, is a financial holding company. The Company conducts its operating activities through its principal subsidiary, BancFirst (the Bank), a state-chartered bank. The Company ....See Detailed Company Profile,  Dividend History

▶ Banco Bradesco Sa (BBD): Banco Bradesco S.A. provides banking and financial products and services to individuals, enterprises, and corporations and institutions. It operates through two segments, Banking; and Insurance, Pensi....See Detailed Company Profile,  Dividend History

▶ Banco Bradesco Sa (BBDO): Banco Bradesco S.A. provides banking and financial products and services to individuals, enterprises, and corporations and institutions. It operates through two segments, Banking; and Insurance, Pension Plans a....See Detailed Company Profile,  Dividend History

▶ Bancorp of New Jersey (BKJ): Bancorp of New Jersey, Inc. operates as a bank holding company of Bank of New Jersey that provides banking services to individuals, businesses, non-profit organizations, and governmental units. The co....See Detailed Company Profile,  Dividend History

▶ BancorpSouth (BXS): BancorpSouth, Inc., incorporated on February 17, 1982, is a financial holding company. The Company, through its principal bank subsidiary, BancorpSouth Bank (the Bank), conducts commercial banking and financial services operations ....See Detailed Company Profile,  Dividend History

▶ Bank of America (BAC): Bank of America Corporation, incorporated on July 31, 1998, is a bank holding company (BHC) and a financial holding company. The Company is a financial institution, serving individual consumers, small- ....See Detailed Company Profile,  Dividend History  and Recent Candlestick Patterns.

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