First Financial Bancorp. (FFBC)

First Financial Bancorp. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	831.86	836.54	743.77	458.74	385.54	431.66
Interest Income on Investments	169.96	165.55	159.23	126.26	97.68	93.31
Total Interest Income	1,002	1,002	903	585.01	483.22	524.96
Interest Paid on Deposits	333.66	331.09	202.01	28.14	14.44	41.92
Interest Paid on Borrowings	55.6	58.99	73.22	37.72	16.66	26.53
Total Interest Expense	389.26	390.09	275.23	65.86	31.1	68.45
Net Interest Income	612.57	612.01	627.77	519.14	452.12	456.51
Net Interest Income Growth (YoY)	-0.75%	-2.51%	20.92%	14.82%	-0.96%	-5.73%
Trust Income	30.18	28.72	26.08	23.51	23.78	21.29
Gain (Loss) on Sale of Investments	-59.19	-54.42	-2.76	-48.86	-12.85	8.2
Other Non-Interest Income	177.01	170.23	146.89	124.23	82.89	73.61
Total Non-Interest Income	196.29	191.72	210.71	141.99	158.71	183.72
Non-Interest Income Growth (YoY)	-3.29%	-9.01%	48.40%	-10.54%	-13.61%	43.35%
Revenues Before Loan Losses	808.86	803.73	838.48	661.13	610.83	640.23
Provision for Loan Losses	45.2	47.66	43.11	11.71	-18.12	70.56
Revenue	763.66	756.07	795.38	649.42	628.95	569.67
Revenue Growth (YoY)	-1.64%	-4.94%	22.48%	3.25%	10.41%	-2.12%
Salaries and Employee Benefits	289.9	288.7	277.83	255.99	236.29	229.1
Occupancy Expenses	23.15	23.05	22.99	22.21	22.14	23.27
Federal Deposit Insurance	11.29	11.01	11.05	7.19	5.63	5.11
Amortization of Goodwill & Intangibles	9.55	9.49	10.4	11.19	9.84	11.13
Selling, General & Administrative	92.76	91.64	86.6	81.43	77.41	70.03
Other Non-Interest Expense	66.63	63.66	67.01	29.7	29.61	39.37
Total Non-Interest Expense	493.27	487.55	475.88	407.7	380.92	378
EBT Excluding Unusual Items	270.39	268.52	319.5	241.72	248.03	191.67
Legal Settlements	-	-	-	-	-7.1	-
Other Unusual Items	-0.2	-0.2	-0.9	-	-	-7.26
Pretax Income	270.19	268.32	318.6	241.72	240.93	184.41
Income Tax Expense	40.76	39.49	62.73	24.11	35.77	28.6
Net Income	229.43	228.83	255.86	217.61	205.16	155.81
Net Income to Common	229.43	228.83	255.86	217.61	205.16	155.81
Net Income Growth	-2.84%	-10.56%	17.58%	6.07%	31.67%	-21.34%
Basic Shares Outstanding	95	94	94	94	95	97
Diluted Shares Outstanding	95	95	95	95	96	98
Shares Change (YoY)	0.36%	0.33%	0.54%	-1.37%	-2.24%	-0.77%
EPS (Basic)	2.43	2.42	2.72	2.33	2.16	1.60
EPS (Diluted)	2.41	2.40	2.69	2.30	2.14	1.59
EPS Growth	-2.84%	-10.78%	16.96%	7.48%	34.59%	-20.50%
Dividend Per Share	0.950	0.940	0.920	0.920	0.920	0.920
Dividend Growth	3.26%	2.17%	-	-	-	2.22%
Effective Tax Rate	15.08%	14.72%	19.69%	9.97%	14.85%	15.51%

Updated Apr 24, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q