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First Financial Bancorp Adds 19 Branches
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Middletown News View Drop Down
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    Posted: Aug 05 2009 at 7:05pm
First Financial Bancorp added 19 branches including 2 in Lebanon, Ohio by acquiring Peoples Bank of West Chester.

First Financial has a branch on Breiel Boulevard in Middletown.

This makes FFB the 4th largest bank in SW Ohio with nearly $2 Billion in deposits.

Source: Jessica Heffner, Middletown Journal
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John Beagle View Drop Down
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Points: 1855 		Post Options Post Options   Thanks (0) Thanks(0)   Quote John Beagle Quote  Post ReplyReply Direct Link To This Post Posted: Aug 13 2009 at 12:07pm
On Aug 7, 2009 First Financial Bancorp (FFBC) reported its second-quarter net income was $1.5 million, net income available to common shareholders was $0.5 million and earnings per common share were $0.01. Five analysts expected FFBC to report earnings of $0.07 per share for the quarter. So this is a huge miss, yet the stock has only moved from $8.65 to $8.20. Today, at the time of this posting the stock is trading even at $8.25.

For the second quarter of 2008, the company reported net income of $7.8 million, net income available to common shareholders of $7.8 million and earnings per common share of $0.21.

Net interest income for the quarter rose to $31.2 million from $28.4 million in the prior year period. Second-quarter total non-interest income increased 2.5% to $14.1 million from $13.7 million in the year-ago period. Analysts estimated revenues of $43.5 million for the quarter. 
John Beagle

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Hermes View Drop Down
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Points: 1637 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Hermes Quote  Post ReplyReply Direct Link To This Post Posted: Aug 13 2009 at 5:16pm

First Financial in big trouble,looks like they need a bailout. With only $2 billion in deposits won't be long until they are solvent. I wonder if they will drive or fly to Washington ?
No more democrats no more republicans,vote Constitution Party !!
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Points: 330 		Post Options Post Options   Thanks (0) Thanks(0)   Quote lrisner Quote  Post ReplyReply Direct Link To This Post Posted: Aug 13 2009 at 11:18pm
Originally posted by Hermes Hermes wrote:

First Financial in big trouble,looks like they need a bailout. With only $2 billion in deposits won't be long until they are solvent. I wonder if they will drive or fly to Washington ?



They were a TARP recipient were they not?
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