FFBC Q2 adjusted EPS $0.72 (+29% YoY); NIM 4.48% down 7bp QoQ

FIRST FINANCIAL BANCORP /OH/

2023-Q2 EPS reported $1.43

Diluted EPS $0.69 ($0.72 adjusted); net income $65.7M vs Q1 $70.4M.
Net interest margin (FTE) 4.48% (down 7bp QoQ); loan growth $117M annualized 4.5%.
Adjusted fee income $53.5M; record wealth management $6.7M, FX income $15.0M.
ACL/total loans 1.41%; classified assets down 13%; capital ratios increased.
Efficiency ratio 54.9% adjusted; ROAA 1.55% (1.62% adjusted).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

FIRST FINANCIAL BANCORP /OH/ reported the three and six months ended June 30, 2023 results: net income $65.7 million, or $0.69 per diluted common share, EPS $0.69 per diluted common share.

Period: the three and six months ended June 30, 2023
Net income: $65.7 million, or $0.69 per diluted common share
EPS: $0.69 per diluted common share
Result: reported results

Exact text from the filing

On July 20, 2023, First Financial Bancorp. (the "Company") issued its earnings press release that included its results of operations and financial condition for the first six months and second quarter of 2023.

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FIRST FINANCIAL BANCORP /OH/ filing history →

Source: SEC EDGAR

accession 0000708955-23-000044

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