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Recap: First Financial Bancorp Q4 Earnings


Benzinga | Jan 28, 2021 05:29PM EST

Recap: First Financial Bancorp Q4 Earnings

Shares of First Financial Bancorp (NASDAQ:FFBC) were flat in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share fell 1.92% year over year to $0.51, which beat the estimate of $0.46.

Revenue of $179,988,000 higher by 15.62% from the same period last year, which beat the estimate of $159,420,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Technicals

Company's 52-week high was at $25.61

Company's 52-week low was at $10.83

Price action over last quarter: Up 33.17%

Company Profile

First Financial Bancorp is a mid-sized, regional bank holding company. It operates through its wholly owned subsidiary, First Financial Bank, and provides banking and financial services product through four lines of business: Commercial and Private Banking, Retail Banking, Investment Commercial Real Estate, and Commercial Finance. First Financial utilizes a community banking business model and serves a combination of metropolitan and non-metropolitan markets through full-service banking centers primarily in Indiana, Ohio, and Kentucky. The primary component of its loan portfolio is commercial real estate loans, followed by commercial and industrial loans. A majority of First Financial's net revenue is net interest income.






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