First Financial Bancorp Announces Third Quarter 2020 Financial Results
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First Financial Bancorp (FFBC) Tops Q3 EPS by 7c
October 22, 2020 4:20 PM EDTFirst Financial Bancorp (NASDAQ: FFBC) reported Q3 EPS of $0.44, $0.07 better than the analyst estimate of $0.37.
Earnings per diluted share of $0.42; $0.44 on an adjusted(1) basisReturn on average assets of 1.04%; 1.09% as adjusted(1) Record core fee income driven by $18.6 million of mortgage banking and $10.5 million of foreign exchange incomeProvision for credit losses of $13.4 million; 34% reduction from second quarterArchie Brown, President and Chief Executive Officer, remarked, "We are pleased with our strong third quarter operating results while maintaining focus on three important pandemic related priorities: maintaining the health and safety of... More

