First Financial closes $325M acquisition of Westfield Bancorp; adds $20.6B in assets

FIRST FINANCIAL BANCORP /OH/

Total consideration $325M: $260M cash plus 2,753,094 shares of FFBC common stock worth $65M.
Post-acquisition assets now $20.6B; Westfield Bank branches to operate under current name until conversion in March 2026.
Acquisition from Ohio Farmers Insurance Company expands First Financial's Midwest footprint into Northeast Ohio.
First Financial also previously announced pending acquisition of BankFinancial in Chicago and commercial banking move into Grand Rapids.

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