First Financial Bancorp (FFBC) Misses Q3 EPS by 1c

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First Financial Bancorp Announces Third Quarter 2023 Financial Results and Quarterly Dividend

October 24, 2023 4:15 PM EDT

Earnings per diluted share of $0.66; $0.67 on an adjusted(1) basis; 10% increase YoY Return on average assets of 1.48%; 1.49% on an adjusted(1) basisNet interest margin on FTE basis(1) of 4.33%; 15 bp decrease from linked quarterLoan growth of $96.6 million; 3.6% on an annualized basisAverage deposit balances increased 3.8% on an annualized basis, excluding brokered depositsStrong adjusted(1) fee income of $56.8 million driven by the leasing and wealth management Quarterly dividend of... More