secwatch.observer — SEC 8-K summary
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Issuer:     FIRST FINANCIAL BANCORP /OH/ (FFBC)
CIK:        0000708955
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0000708955-24-000057
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FFBC Q3 2024 net income $52.5M ($0.55 EPS); adjusted EPS $0.67; NIM 4.08%
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- Diluted EPS of $0.55; adjusted EPS $0.67; net income $52.5M vs. $60.8M in Q2 2024.
- Net interest margin (FTE) 4.08%, down 2bp from Q2; deposit growth $166.2M (4.9% annualized).
- Noninterest income $45.7M ($58.8M adjusted) driven by foreign exchange, wealth, leasing; $17.5M securities loss.
- Tangible book value $14.26, up 10.2% linked quarter; quarterly dividend maintained at $0.24.
- Net charge-offs 0.25% of loans; ACL ratio 1.37%; loan growth $31.9M (1% annualized).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/708955/000070895524000057/0000708955-24-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/708955/000070895524000057/ffbc-20241024.htm
  HTML page:      https://secwatch.observer/filing/0000708955-24-000057

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer