First Financial Bancorp (FFBC) Raises Quarterly Dividend 10% to $0.22; 3.4% Yield
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First Financial Bancorp Announces Fourth Quarter and Full Year 2018 Results and 10% Dividend Increase
January 23, 2019 4:15 PM ESTCINCINNATI, Jan. 23, 2019 /PRNewswire/ -- First Financial Bancorp. (Nasdaq: FFBC) ("First Financial" or the "Company") announced financial results for the fourth quarter and full year 2018.
For the three months ended December 31, 2018, the Company reported net income of $55.0 million, or $0.56 per diluted common share. These results compare to net income of $50.7 million, or $0.51 per diluted common share, for the third quarter of 2018 and $24.8 million, or $0.40 per diluted common share, for the fourth quarter of 2017. Net income was negatively impacted by the recognition of $7.5 million of efficiency and merger related costs,... More
