First Financial Bancorp Announces New Cash Dividend for Shareholders

Author: Owen Jenkins Updated: 04-29-2025 04:29 PM

First Financial Bancorp Declares Quarterly Cash Dividend

On a recent Tuesday, the board of directors of First Financial Bancorp. (NASDAQ: FFBC) made an announcement that will please shareholders. They declared a cash dividend of $0.24 per common share. This quarterly dividend showcases the company’s ongoing commitment to its investors and reflects its strong financial performance.

Details of the Dividend Declaration

The declared dividend is set to be payable on an upcoming date to those shareholders who are on record as of a specified date. This regular distribution not only provides a direct return on investment but also demonstrates the stability and growth potential of First Financial Bancorp.

Company Overview and Financial Health

First Financial Bancorp. is a well-established bank holding company. As of the last reporting period, it proudly held $18.5 billion in assets, complemented by $11.7 billion in loans and $14.2 billion in deposits. The company also reported $2.5 billion in shareholders' equity, reflecting strong financial health and robust business operations.

Focus on Diverse Banking Services

Founded in 1863, First Financial Bank, a subsidiary of First Financial Bancorp, offers a range of banking and financial services through various sectors. These include Commercial Banking, Retail Banking, Investment Commercial Real Estate, Mortgage Banking, Commercial Finance, and Wealth Management.

Wealth Management Services

The Wealth Management division is particularly noteworthy, providing wealth planning, portfolio management, trust and estate, brokerage, and retirement plan services. As of the latest reports, this division managed approximately $3.7 billion in assets, indicating a strong emphasis on helping clients with their financial planning and investment strategies.

Banking Centers and Community Presence

As part of its commitment to serving the community, First Financial Bancorp operates 127 full-service banking centers. These centers are strategically located within various states to cater to the needs of its clientele. Additionally, the Commercial Finance arm of the business extends its lending services into targeted industry sectors across the nation, further solidifying its market presence.

Looking Ahead

The company’s future looks promising, with its diversified business model positioned to adapt to changing market conditions. Investors can look forward to potential growth opportunities as First Financial Bancorp continues to enhance its service offerings and expand its clientele.

Frequently Asked Questions

What is the declared dividend amount by First Financial Bancorp?

The declared dividend is set at $0.24 per common share.

When will the dividend be payable?

The dividend will be payable on a specified date to shareholders who are on record as of a prior date.

What sectors does First Financial Bancorp operate in?

First Financial Bancorp operates in Commercial Banking, Retail Banking, Investment Commercial Real Estate, Mortgage Banking, Commercial Finance, and Wealth Management.

How much in assets does First Financial Bancorp manage?

As of the latest reports, First Financial Bancorp manages $18.5 billion in assets.

What services does the Wealth Management division provide?

The Wealth Management division offers services such as wealth planning, portfolio management, trust and estate, brokerage, and retirement planning.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

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