First Financial Bancorp (FFBC) Posts Quarterly Earnings Results
First Financial Bancorp (NASDAQ:FFBC) issued its earnings results on Thursday. The bank reported $0.45 EPS for the quarter, beating the consensus estimate of $0.40 by $0.05, Bloomberg Earnings reports. The company had revenue of $94.00 million during the quarter, compared to analysts’ expectations of $90.05 million. First Financial Bancorp had a net margin of 26.11% and a return on equity of 11.61%. During the same quarter in the previous year, the company posted $0.38 EPS.
Shares of First Financial Bancorp (NASDAQ:FFBC) opened at $29.20 on Friday. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.93 and a quick ratio of 0.93. First Financial Bancorp has a 1 year low of $22.80 and a 1 year high of $29.40. The company has a market cap of $1,722.17, a price-to-earnings ratio of 16.82, a P/E/G ratio of 1.42 and a beta of 1.17.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Friday, December 1st were given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date of this dividend was Thursday, November 30th. First Financial Bancorp’s dividend payout ratio is currently 42.50%.
First Financial Bancorp Company Profile
First Financial Bancorp. (First Financial) 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 include commercial lending, real estate lending and consumer financing.
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