earnings
confidence high
sentiment positive
materiality 0.65
First Financial Bancorp Q3 EPS $0.66 ($0.67 adj); net interest margin 4.33%; dividend $0.23
FIRST FINANCIAL BANCORP /OH/
2023-Q3 EPS reported
$2.09
- Diluted EPS of $0.66 ($0.67 adjusted); net income $63.1M; adjusted EPS up 10% YoY.
- Net interest margin (FTE) 4.33%, down 15 bp from Q2; loan growth $96.6M (3.6% annualized).
- Adjusted fee income $56.8M; record wealth management $6.9M; leasing income $14.5M (+41.6% linked quarter).
- Noninterest expense $122.0M ($121.5M adj); efficiency ratio 57.5% (57.3% adj).
- Quarterly dividend of $0.23 per share approved by Board.