First Financial Bancorp (FFBC) Misses Q1 EPS by 1c

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First Financial Bancorp Reports First Quarter 2016 Financial Results

April 21, 2016 4:15 PM EDT

CINCINNATI, April 21, 2016 /PRNewswire/ -- First Financial Bancorp (Nasdaq: FFBC) ("First Financial" or the "Company") announced financial results for the first quarter 2016.  For the three months ended March 31, 2016, the Company reported net income of $19.8 million, or $0.32 per diluted common share, compared to net income of $19.8 million, or $0.32 per diluted common share, in the fourth quarter of 2015 and $17.6 million, or $0.29 per diluted common share, in the first quarter of 2015. 

Return on average assets for the first quarter of 2016 was 0.98% while return on average tangible common equity was 13.06%.  These compare to a... More