First Financial Bancorp (NASDAQ:FFBC) released its quarterly earnings results on Thursday. The bank reported $0.45 EPS for the quarter, beating the consensus estimate of $0.40 by $0.05, Bloomberg Earnings reports. First Financial Bancorp had a net margin of 26.49% and a return on equity of 11.22%. During the same period last year, the firm earned $0.38 EPS.
First Financial Bancorp (NASDAQ:FFBC) opened at $27.75 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market cap of $1,734.58, a P/E ratio of 17.56, a P/E/G ratio of 1.43 and a beta of 1.17. First Financial Bancorp has a one year low of $22.80 and a one year high of $29.40.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Friday, December 1st were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.45%. The ex-dividend date was Thursday, November 30th. First Financial Bancorp’s payout ratio is 43.04%.
WARNING: “First Financial Bancorp (FFBC) Releases Quarterly Earnings Results, Beats Expectations By $0.05 EPS” was first posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another publication, it was illegally stolen and republished in violation of US and international copyright and trademark laws. The original version of this article can be viewed at https://www.americanbankingnews.com/2018/01/18/first-financial-bancorp-ffbc-posts-quarterly-earnings-results-beats-estimates-by-0-06-eps.html.
About First Financial Bancorp
First Financial Bancorp. (First Financial) is a regional bank holding company. First Financial is engaged in the business of commercial banking and other banking and banking-related activities through its subsidiary, First Financial Bank, National Association (the Bank). The range of banking services provided by First Financial to individuals and businesses include commercial lending, real estate lending and consumer financing.
Receive News & Ratings for First Financial Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Financial Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.