NASDAQ$FFBC

First Financial Bancorp · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

First Financial Bancorp reported record adjusted earnings per share of $0.80 for the second quarter of 2026.

The company achieved net income of $76.5 million or $0.73 per diluted share, with adjusted net income reaching a record $83.9 million. Strong loan growth of $240 million, stable net interest margin of 3.98% on a fully tax-equivalent basis, and an efficiency ratio of 56.8% on an adjusted basis highlighted the quarter. The board approved a dividend increase to $0.26 per share and announced an agreement to acquire Finward Bancorp.

  • Record adjusted EPS of $0.80 and adjusted ROAA of 1.50% driven by organic loan growth and recent acquisitions.
  • Net interest margin remained stable at 3.98% FTE as lower funding costs offset reduced loan accretion.
  • Adjusted noninterest expenses declined 3.7% linked quarter due to acquisition synergies and lower compensation costs.
  • Asset quality stable with net charge-offs at 0.20% of loans and capital ratios strengthened including CET1 at 12.33%.

Headline financials

Total Revenue

$264M

Previous: $226M+16.7%
EPS (adj)

$0.80

Previous: $0.73+9.6%
Net interest margin FTE

4.0%

No prior period
Return on average assets

1.4%

No prior period
ROTCE

17.9%

No prior period
Tangible book value per share

$16.64

No prior period
Common equity tier 1 ratio

12.3%

No prior period
Tier 1 ratio

12.6%

No prior period
Total capital ratio

15.8%

No prior period
Leverage ratio

9.7%

No prior period
Allowance to ending loans

1.4%

No prior period
Nonaccrual loans to total loans

0.7%

No prior period
Net charge-offs to avg loans annualized

0.2%

No prior period
NPA to total assets

0.4%

No prior period
Classified assets to total assets

1.0%

No prior period
Efficiency ratio

61.2%

No prior period
Net Income

$76.5M

Previous: $70M+9.2%
Operating Income

$94.4M

No prior period
Total Assets

$22.4B

No prior period

Revenue & EPS history

First Financial · Revenue · Quarterly

$264M

Q2 2026+16.7%vs Q2 2025
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

First Financial · $15.3M total across 3 segments · Q3 2021

  • Foreign Exchange Income
    $9.19M
  • Bankcard Income
    $3.84M
  • Client Derivative Fees
    $2.27M

Forward guidance

Management expects net interest margin to remain stable near 4.00% assuming no significant rate changes and anticipates continued healthy loan production contributing to solid growth in the third quarter.

Tailwinds

  • Advanced stage pipelines remain strong heading into the back half of the year.
  • Adjusted noninterest expenses materially lower driven by acquisition synergies.
  • Virtually all Westfield cost reductions realized with BankFinancial savings phasing in.

Headwinds

  • Adjusted fee income below expectations due to lower foreign exchange, swap and investment banking fees.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+0.0%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+2.5%

Avg return

30 days after

52%

34 / 66 earnings

Positive

+7.1%

Q1 2018

Best reaction

-11.6%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026+2.5%+0.2%+2.8%
Q4 2025+5.8%+8.3%+3.2%
Q3 2025-0.9%-3.0%+0.5%
Q2 2025-1.1%+2.0%+4.1%
Q1 2025-4.5%-3.5%-0.0%
Q4 2024+1.8%+0.4%-3.0%
Q3 2024-4.3%+1.7%+17.2%
Q2 2024+6.8%+4.5%+1.8%
Q1 2024+0.1%-2.0%+0.2%
Q4 2023-2.5%-0.3%-6.9%
Q3 2023-8.3%-4.1%+7.7%
Q2 2023-5.4%-5.0%-10.4%
Q1 2023-0.9%-4.3%-9.0%
Q4 2022+4.9%+9.6%+8.4%
Q3 2022-0.8%+2.6%+6.3%
Q2 2022+2.9%+5.2%+12.0%
Q1 2022-5.8%-8.6%-11.1%
Q4 2021-2.4%-0.4%-1.7%
Q3 2021+2.0%+1.7%+2.8%
Q2 2021+0.0%+0.0%+4.6%
Q1 2021+4.1%+2.8%+8.5%
Q4 2020-3.9%+4.5%+17.6%
Q3 2020+4.7%+3.0%+21.1%
Q2 2020+6.2%+0.0%+1.9%
Q1 2020-1.2%+1.1%-7.8%
Q4 2019+0.2%+0.7%-0.8%
Q3 2019-3.0%-0.2%+0.3%
Q2 2019+3.3%+4.8%+2.4%
Q1 2019-1.2%-0.3%-6.6%
Q4 2018+0.2%+2.9%+8.3%
Q3 2018-11.6%-12.4%-2.7%
Q2 2018-1.4%-3.9%+0.0%
Q1 2018+7.1%+8.7%+10.1%
Q4 2017+3.7%+3.2%+2.5%
Q3 2017+4.6%+5.1%+1.5%
Q2 2017-7.6%-6.7%-12.2%
Q1 2017+6.2%+7.0%-4.0%
Q4 2016+2.4%+4.1%+4.8%
Q3 2016+0.5%+0.5%+19.5%
Q2 2016+3.2%+4.4%+5.2%
Q1 2016+0.5%
Q4 2015-2.8%
Q3 2015+3.8%
Q2 2015+3.9%
Q1 2015-4.7%
Q4 2014+0.5%
Q3 2014+5.3%
Q2 2014+2.0%
Q1 2014-1.6%
Q4 2013-0.5%
Q3 2013-0.8%
Q2 2013-0.7%
Q1 2013-0.5%
Q4 2012+1.3%
Q3 2012-3.8%
Q4 2011+0.5%
Q2 2012-1.6%
Q1 2012+2.3%
Q4 2009-0.7%
Q4 2010-0.7%
Q3 2011-6.1%
Q3 2010-6.1%
Q2 2011+0.1%
Q2 2010+0.1%
Q1 2011+2.2%
Q1 2010+2.2%

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