First Financial Bancorp Q2 EPS $0.64; adjusted $0.65; dividend raised to $0.24

FIRST FINANCIAL BANCORP /OH/

2024-Q2 EPS reported $1.17

Net income $60.8M, diluted EPS $0.64; adjusted EPS $0.65.
Net interest margin (FTE) 4.10%, unchanged from Q1; loan growth 11.3% annualized.
Record noninterest income $61.5M; foreign exchange income up 60.9% from Q1.
Net charge-offs 0.15%, down 23bp from linked quarter.
Board declared quarterly dividend increase to $0.24 per share from $0.23.

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