Quarterly ResultMay 22, 2026, 09:16 AM

First Financial Q1 Adj. EPS $0.77; Net Income $80.5M

AI Summary

First Financial Bancorp reported strong adjusted earnings for Q1 2026, with adjusted diluted EPS of $0.77 and adjusted net income of $80.5 million. The company saw an increase in assets and deposits, driven partly by the BankFinancial acquisition, and maintained a robust net interest margin of 3.99% (FTE). The Board also authorized a 5 million share repurchase plan, reflecting confidence in future performance.

Key Highlights

Adjusted diluted EPS was $0.77, with adjusted net income of $80.5 million.
Net interest income was $189.6 million, and net interest margin (FTE) was 3.99%.
End-of-period assets increased by $1.7 billion to $22.8 billion.
End-of-period loans increased by $70.8 million to $13.5 billion.
Average deposits increased by $1.7 billion to $17.6 billion.
Noninterest income (adjusted) was $75.6 million, and noninterest expense (adjusted) was $154.8 million.
The Board authorized a 5 million share repurchase plan.
Recorded an $8.9 million bargain purchase gain from the BankFinancial acquisition.

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FFBC

Major Banks

FIRST FINANCIAL BANCORP /OH/

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