Exhibit 99.1 First Financial Bancorp Announces Second Quarter 2024 Financial Results and Quarterly Dividend Increase • Earnings per diluted share of $0.64; $0.65 on an adjusted basis • Return on average assets of 1.38%; 1.40% on an adjusted basis • Net interest margin on FTE basis of 4.10% • Record fee income of $61.5 million • Loan growth of $316.1 million; 11.3% on an annualized basis • Average deposit growth of $351.1 million; 10.6% on an annualized basis • Net charge-offs 0.15% of total loans; 23 bp dec ...

Mr. Brown commented on asset quality and the ACL, "I am pleased with the 23 basis point decline in net charge-offs to 15 basis points, which marks the third consecutive quarter that charge-offs have declined. We did experience some downward credit migration during the period, however this was not concentrated in any particular loan type, and nonperforming loans as a percentage of total assets was relatively flat compared to the prior quarter. Our ACL increased to 1.36% of total loans, and based on our outlo ...

Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today. One company value investors might notice is First Financial Ban (FFBC) . FFBC is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock has a Forward P/E ratio of 8.94. ...

Investors might want to bet on First Financial Bancorp (FFBC) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following ye ...

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First Financial Ban (FFBC) is a stock many investors are watching right now. FFBC is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock holds a P/E ratio of 8.61, while its industry has an average P/E of 9.81. Over the past year, FFBC's Forward P/E has been as high as 10.76 and as low as 7.29, with a median of 9.21. While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develo ...

First Financial Bancorp. (FFBC) : This bank holding company for First Financial Bank has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.2% the last 60 days. This Zacks Rank #1 company has a dividend yield of 4.1%, compared with the industry average of 3.5%. Here are three stocks with buy rank and strong income characteristics for investors to consider today, May 29: First Horizon Corporation (FHN) : This bank holding company for First Horizon Bank has witnessed the Zacks C ...

CINCINNATI, May 28, 2024 /PRNewswire/ -- First Financial Bancorp (Nasdaq: FFBC) announces the election of Anne Arvia as a new director on the First Financial Board of Directors, following a vote during the company's annual meeting of shareholders on Tuesday, May 28, 2024. About First Financial Bancorp. First Financial Bancorp. is a Cincinnati, Ohio based bank holding company. As of March 31, 2024, the Company had $17.6 billion in assets, $11.2 billion in loans, $13.5 billion in deposits and $2.3 billion in ...

It seems to be a wise idea to add First Financial Bancorp. (FFBC) stock to your portfolio now. Supported by strong fundamentals, the company is well-poised for growth. Analysts seem optimistic regarding FFBC's earnings growth potential. The Zacks Consensus Estimate for First Financial's current-year earnings has been revised 5.2% upward over the past 30 days. Thus, currently, FFBC carries a Zacks Rank #2 (Buy). Additionally, First Financial's shares have rallied 10% over the past six months compared with 14 ...

Investors might want to bet on First Financial Bancorp (FFBC) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following ye ...