First Financial Bancorp (FFBC) Tops Q2 EPS by 2c

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First Financial Bancorp Announces Second Quarter 2023 Financial Results

July 20, 2023 4:15 PM EDT

Earnings per diluted share of $0.69; $0.72 on an adjusted(1) basis, 29% increase YoY Return on average assets of 1.55%; 1.62% on an adjusted(1) basisNet interest margin on FTE basis(1) of 4.48%; 7 bp decrease from linked quarterLoan growth of $117 million; 4.5% on an annualized basisStrong adjusted(1) fee income of $53.5 million driven by foreign exchange and wealth managementACL to total loans of 1.41%;... More