First Financial Bancorp Announces First Quarter 2020 Financial Results

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Go back to First Financial Bancorp Announces First Quarter 2020 Financial Results

First Financial Bancorp (FFBC) Misses Q1 EPS by 8c

April 20, 2020 4:21 PM EDT

First Financial Bancorp (NASDAQ: FFBC) reported Q1 EPS of $0.31, $0.08 worse than the analyst estimate of $0.39.

After adjustments(1) for merger-related, nonrecurring and certain COVID-19 related items:Net income of $0.31 per diluted common share0.85% return on average assets; 10.41% return on average tangible common equity

Archie Brown, President and Chief Executive Officer, commented, "The first quarter of 2020 proved to be one of the most unique and challenging quarters in our industry's history. While the first half of the quarter was marked by strong financial performance, March was characterized by economic, logistical... More