Earnings Summary

First Financial Bancorp’s revenue jumped 45.53% since last year same period to $214.86Mn in the Q1 2023. On a quarterly growth basis, First Financial Bancorp has generated 0.43% jump in its revenue since last 3-months.

First Financial Bancorp’s net profit jumped 70.46% since last year same period to $70.4Mn in the Q1 2023. On a quarterly growth basis, First Financial Bancorp has generated 1.91% jump in its net profits since last 3-months.

First Financial Bancorp’s net profit margin jumped 17.13% since last year same period to 32.77% in the Q1 2023. On a quarterly growth basis, First Financial Bancorp has generated 1.47% jump in its net profit margins since last 3-months.

First Financial Bancorp’s price-to-earnings ratio after this Q1 2023 earnings stands at 7.56.

First Financial Bancorp’s earning per share (EPS) estimates for the current quarter stand at 0.69 - a 15% jump from last quarter’s estimates.

First Financial Bancorp’s earning per share (EPS) estimates for the current year stand at 0.69.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. First Financial Bancorp’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. First Financial Bancorp’s return on equity (ROE) stands at 0.12.

First Financial Bancorp declared 0.23 dividend per share during the earnings announcement for Q1 2023.