Quarterly ResultAug 6, 2026, 02:56 PM
First Financial Bancorp H1 Net Income +24.4% to $150.9M
AI Summary
First Financial Bancorp reported a significant increase in net income for the first half of 2026, rising 24.4% to $150.9 million, with diluted EPS growing 13.4% to $1.44. For the second quarter of 2026, net income increased 9.2% to $76.5 million, while diluted EPS remained flat at $0.73. The company's total assets expanded by 6.2% to $22.44 billion, driven by growth in loans and deposits. The period also included a $12.08 million gain on bargain purchase related to the BankFinancial acquisition.
Key Highlights
- Net income for Q2 2026 increased 9.2% to $76.5 million.
- Diluted EPS for Q2 2026 remained flat at $0.73.
- Net income for H1 2026 increased 24.4% to $150.9 million.
- Diluted EPS for H1 2026 rose 13.4% to $1.44.
- Total assets grew 6.2% to $22.44 billion as of June 30, 2026.
- Total deposits increased 7.1% to $17.58 billion as of June 30, 2026.
- Net interest income for Q2 2026 increased 20.3% to $190.4 million.
- Recognized a $12.08 million gain on bargain purchase from BankFinancial acquisition.
Price Impact
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