M&A
confidence high
sentiment positive
materiality 0.80
FFBC to acquire Finward Bancorp in stock merger; 1.35 shares per Finward share
FIRST FINANCIAL BANCORP /OH/
- Each Finward share will be converted into 1.35 shares of FFBC common stock.
- Merger expected to close in Q4 2026, subject to regulatory and shareholder approvals.
- Termination fee of $9.0 million payable by Finward under certain circumstances.
- Boards of both companies unanimously approved the transaction.
- Peoples Bank to merge into First Financial Bank post-closing.