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Stock impact report

First Financial Bancorp Announces First Quarter 2020 Financial Results

First Financial Bancorp. (FFBC) 
Last first financial bancorp. earnings: 4/20 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/100255
Company Research Source: PR Newswire
CINCINNATI, April 20, 2020 /PRNewswire/ -- First Financial Bancorp. (Nasdaq: FFBC) ("First Financial" or the "Company") announced financial results for the first quarter 2020.  In addition, the Company has highlighted client and associate outreach initiatives related to the COVID-19 pandemic.For the three months ended March 31, 2020, the Company reported net income of $28.6 million, or $0.29 per diluted common share.  These results compare to net income of $48.7 million, or $0.49 per diluted common share, for the fourth quarter of 2019 and $45.8 million, or $0.47 per diluted common share, for the first quarter of 2019.Return on average assets for the first quarter of 2020 was 0.79% while return on average tangible common equity was 9.71%.  These compare to returns on average assets of 1.34% and 1.33%, and returns on average tangible common equity of 15.84% and 15.95%, in the fourth quarter of 2019 and the first quarter of 2019, respectively.First quarter 2020 highlights include:After Show less Read more
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