---
title: "First Financial Bancorp | 8-K: FY2026 Q2 Revenue: USD 264.17 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293383464.md"
datetime: "2026-07-21T20:34:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293383464.md)
  - [en](https://longbridge.com/en/news/293383464.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293383464.md)
generator: "portal-rs"
---

# First Financial Bancorp | 8-K: FY2026 Q2 Revenue: USD 264.17 M

Revenue: As of FY2026 Q2, the actual value is USD 264.17 M.

EPS: As of FY2026 Q2, the actual value is USD 0.73, missing the estimate of USD 0.7757.

EBIT: As of FY2026 Q2, the actual value is USD 94.44 M.

#### Financial Metrics for First Financial Bancorp. (第二季度 2026)

#### Segment Revenue

-   Net Interest Income: $190.4 million.
-   Noninterest Income: $73.8 million ($71.9 million as adjusted).
    -   Leasing business income: $22.8 million, a 5.3% increase from the first quarter.
    -   Other noninterest income: Increased $3.6 million, or 111.3%, from the linked quarter due to higher income from bank owned life insurance and limited partnership investments.
    -   Foreign exchange income: $13.1 million.
    -   Wealth management fees: $8.2 million, a decrease of $2.2 million or 21.3% from the first quarter.
    -   Client derivative fee income: $1.4 million, a decrease of $2.6 million or 64% from the linked quarter.
    -   Mortgage banking: $6.7 million.
    -   Gain on bargain purchase: $3.2 million.

#### Operational Metrics

-   Net Income: $76.5 million ($83.9 million as adjusted).
-   Noninterest Expense: $161.5 million ($149.1 million as adjusted).
    -   Adjusted noninterest expense decreased $5.7 million, or 3.7%, from the linked quarter, driven by lower compensation costs.
    -   Salaries and benefits: $86.9 million.
    -   Occupancy and equipment: $11.8 million.
    -   Data processing: $13.6 million.
    -   Professional services: $7.4 million.
    -   Intangible amortization: $6.2 million.
    -   Leasing business expense: $14.6 million.
    -   Other noninterest expense: $21.0 million.
-   Efficiency Ratio: 61.2% (56.8% as adjusted).
-   Effective Tax Rate: 19.0% (20.1% as adjusted).
-   Return on Average Assets: 1.37% (1.50% as adjusted).
-   Return on Average Shareholders’ Equity: 10.39% (11.40% as adjusted).
-   Return on Average Tangible Common Equity: 17.95% (19.70% as adjusted).
-   Adjusted Pre-tax, Pre-provision return on assets: 2.03%.
-   Provision Expense: $8.2 million.
-   Net Charge-offs (NCOs): $6.7 million.
-   NCOs / Average Loans: 0.20% annualized, a 15 basis point decline from the first quarter.
-   Classified Assets / Total Assets: 1.01%.
-   Nonperforming Assets (NPA) / Total Assets: 0.43%.
-   Allowance for Credit Losses (ACL) / Total Loans: 1.38%, a 2 basis point increase from the first quarter.
    -   Total ACL: $208.2 million.
    -   ACL for loans and leases: $189.9 million.
    -   ACL for unfunded commitments: $18.3 million.
-   Total Capital Ratio: 15.75%, a 5 basis point increase from the linked quarter.
-   Tier 1 Common Equity Ratio: 12.33%, an 11 basis point increase from the linked quarter.
-   Tangible Common Equity (TCE) Ratio: 8.24% (9.30% excluding - $223.7 million of AOCI).
-   Tangible Book Value (TBV) Per Share: $16.64, an increase of $0.49 or 3.0% from the linked quarter.
-   Common Dividend: The Board of Directors approved a $0.01 quarterly dividend increase to $0.26, to be paid in 3Q26.

#### Unique Metrics

-   End of Period (EOP) Assets: Decreased by $340.1 million compared to the linked quarter, totaling $22.4 billion.
-   EOP Loans: Increased by $240.1 million compared to the linked quarter, reaching $13.7 billion, representing an annualized growth of 7.1%.
-   Average Deposits: Increased by $41.2 million compared to the linked quarter, totaling $17.7 billion.
-   EOP Investment Securities: Decreased by $222.9 million compared to the linked quarter.
-   Net Interest Margin: 3.96% on a GAAP basis; 3.98% on a fully tax equivalent basis.
-   Total Loans: $13.7 billion, with ICRE at $3,803 million (28%), Commercial & Small Business Banking at $3,966 million (29%), Oak Street at $1,172 million (8%), Summit at $1,226 million (9%), Agile at $377 million (3%), Consumer at $1,265 million (9%), and Mortgage at $1,926 million (14%).
-   Net Loan Change-LOB (Linked Quarter): ICRE increased by $20.6 million, Commercial & Small Business Banking increased by $85.7 million, Oak Street decreased by - $12.6 million, Summit increased by $51.0 million, Agile increased by $79.1 million, Consumer increased by $26.7 million, and Mortgage decreased by - $10.4 million.
-   Total Deposits: $17.7 billion, including Noninterest-bearing at $3,631 million (20%), Interest-bearing demand at $2,412 million (14%), Savings at $1,181 million (7%), Money Market at $4,482 million (25%), Retail CDs at $2,463 million (14%), Brokered Deposits at $1,337 million (8%), and Public Funds at $2,181 million (12%).
-   Borrowing Capacity & Cash/Investment Liquidity (as of June 30, 2026): Total borrowing capacity was $6,288,454,000, with borrowing capacity in excess of adjusted uninsured deposits at $1,433,000,000, and borrowing capacity as a % of adjusted uninsured deposits at 129.5%.
-   Acquisition Update: First Financial Bancorp. is acquiring Finward Bancorp. in a $210 million transaction, expected to result in 5.0% earnings per share accretion and a -0.4% tangible book value dilution at closing.
-   Merger Agreement Details: On July 21, 2026, First Financial Bancorp. (第一金融银行股份) entered into a Merger Agreement with Finward Bancorp, where each share of Finward Bancorp common stock will be converted into 1.35 shares of First Financial Bancorp. common stock.

#### Outlook Commentary

First Financial Bancorp. anticipates mid-single digit annualized loan balance growth and low single digit core deposit growth. The net interest margin is projected to be between 3.96% and 4.01%, assuming stable rates and accretion income consistent with 2Q26. Total noninterest expense is forecast at $149 - $152 million, while total fee income is expected to be $74 - $77 million, including $15 - $17 million from foreign exchange and $22 - $24 million from leasing business income. The merger with Finward Bancorp is expected to close in the fourth quarter of 2026, subject to regulatory and shareholder approvals.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**