First Financial Bancorp. (FFBC) Plunges 5.44% on December 19
First Financial Bancorp. (FFBC) had a rough trading day for Wednesday December 19 as shares tumbled 5.44%, or a loss of $-1.31 per share, to close at $22.77. After opening the day at $24.09, shares of First…
From the Biotech Insider archive. This article dates from Dec 20, 2018 and is preserved as first published.
First Financial Bancorp. (FFBC) had a rough trading day for Wednesday December 19 as shares tumbled 5.44%, or a loss of $-1.31 per share, to close at $22.77. After opening the day at $24.09, shares of First Financial Bancorp. traded as high as $24.21 and as low as $22.73. Volume was 799,662 shares over 6,845 trades, against an average daily volume of n/a shares and a total float of 97.91 million.
As a result of the decline, First Financial Bancorp. now has a market cap of $2.23 billion.
The stock has a P/E Ratio of 14.1.
First Financial Bancorp is a mid-sized, regional bank holding company. It operates through its wholly owned subsidiary, First Financial Bank, and provides banking and financial services product through four lines of business: Commercial and Private Banking, Retail Banking, Investment Commercial Real Estate, and Commercial Finance. First Financial utilizes a community banking business model and serves a combination of metropolitan and non-metropolitan markets through full-service banking centers primarily in Indiana, Ohio, and Kentucky. The primary component of its loan portfolio is commercial real estate loans, followed by commercial and industrial loans. A majority of First Financial’s net revenue is net interest income.
The primary component of its loan portfolio is commercial real estate loans, followed by commercial and industrial loans.
First Financial Bancorp. is based out of Cincinnati, OH and has some 1,366 employees. Its CEO is Archie M. Brown.
