First Financial Bancorp (FFBC) Tops Q1 EPS by 4c

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First Financial Bancorp. Reports First Quarter 2017 Financial Results

April 20, 2017 4:47 PM EDT

CINCINNATI, April 20, 2017 /PRNewswire/ -- First Financial Bancorp. (Nasdaq: FFBC) ("First Financial" or the "Company") announced financial results for the first quarter 2017.  For the three months ended March 31, 2017, the Company reported net income of $24.4 million, or $0.39 per diluted common share.  These results compare to net income of $23.3 million, or $0.38 per diluted common share, for the fourth quarter of 2016 and $19.8 million, or $0.32 per diluted common share, for the first quarter of 2016.

Return on average assets for the first quarter of 2017 was 1.18% while return on average tangible common equity was 14.98%.  These... More