Detail akcie First Financial online

Business Summary: First Financial Bancorp. is a mid-sized, regional bank holding company. The Company is engaged in the business of commercial banking and other banking and banking-related activities through its wholly owned subsidiary, First Financial Bank (the Bank). The Company provides a range of banking services to individuals and businesses, including commercial lending, real estate lending and consumer financing. Real estate loans are loans secured by a mortgage lien on the real property of the borrower, which may either be residential property (one to four family residential housing units) or commercial property (owner-occupied and/or investor income producing real estate). In addition, the Company offers deposit products that include interest-bearing and noninterest-bearing accounts, time deposits and cash management services for commercial customers. It also provides a full range of trust and wealth management services through First Financials Wealth Management line of business.
Financial Summary: BRIEF: For the three months ended 31 March 2024, First Financial Bancorp interest income increased 15% to $240.7M. Net interest income after loan loss provision decreased 8% to $137.6M. Net income decreased 28% to $50.7M. Net interest income after loan loss provision reflects Taxable decrease of 11% to $28.3M, Tax-exempt decrease of 11% to $3.1M. Net income also reflects Deposit Interest increase from $31.5M to $76.1M (expense).