First Financial Bancorp (FFBC) financial statements
First Financial Bancorp reported revenue of $899M in fiscal 2025, up 11.3% a year over 9 years.
Net income was $256M.
Free cash flow was $317M, and the company returned $95M in dividends.
The diluted share count rose 55% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from First Financial Bancorp's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $342M | $360M | $553M | $616M | $646M | $624M | $709M | $840M | $836M | $899M |
| Interest expense | $33M | $50M | $91M | $123M | $68M | $31M | $66M | $275M | — | — |
| Pre-tax income | $131M | $116M | $214M | $243M | $184M | $241M | $242M | $319M | $268M | $321M |
| Income tax | $42M | $19M | $42M | $45M | $29M | $36M | $24M | $63M | $39M | $66M |
| Net income | $89M | $97M | $173M | $198M | $156M | $205M | $218M | $256M | $229M | $256M |
| EPS (diluted) | $1.43 | $1.56 | $1.93 | $2.00 | $1.59 | $2.14 | $2.30 | $2.69 | $2.40 | $2.66 |
| Diluted shares | 62M | 62M | 90M | 99M | 98M | 96M | 95M | 95M | 95M | 96M |
| Net margin | 25.9% | 26.9% | 31.2% | 32.2% | 24.1% | 32.9% | 30.7% | 30.5% | 27.4% | 28.4% |
Balance sheet
Fiscal years, from First Financial Bancorp's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | — | — | — | $201M | $231M | $220M | $208M | $213M | $174M | $179M |
| Property, plant and equipment | $132M | $125M | $216M | $215M | $207M | $193M | $189M | $195M | $198M | $205M |
| Goodwill | $204M | $204M | $880M | $938M | $938M | $1.0B | $1.0B | $1.0B | $1.0B | $1.1B |
| Total assets | $8.4B | $8.9B | $14.0B | $14.5B | $16.0B | $16.3B | $17.0B | $17.5B | $18.6B | $21.1B |
| Long-term debt | — | — | — | — | $776M | $313M | — | — | — | — |
| Total liabilities | $7.6B | $8.0B | $11.9B | $12.3B | $13.7B | $14.1B | $15.0B | $15.3B | $16.1B | $18.4B |
| Shareholders' equity | $865M | $931M | $2.1B | $2.2B | $2.3B | $2.3B | $2.0B | $2.3B | $2.4B | $2.8B |
| Net debt | — | — | — | -$201M | $545M | $93M | -$208M | -$213M | -$174M | -$179M |
Cash flow
Fiscal years, from First Financial Bancorp's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $143M | $124M | $260M | $186M | $108M | $388M | $201M | $487M | $262M | $338M |
| Capital spending | $10M | $7M | $18M | $21M | $16M | $15M | $14M | $24M | $21M | $21M |
| Free cash flow | $133M | $117M | $242M | $165M | $92M | $373M | $187M | $463M | $241M | $317M |
| Stock-based compensation | $5M | $5M | $6M | $8M | $8M | $10M | $13M | $15M | $16M | $16M |
| Dividends paid | $39M | $41M | $80M | $89M | $90M | $87M | $87M | $87M | $90M | $95M |
| Share buybacks (net) | $0 | $0 | $0 | -$66M | -$17M | -$108M | $0 | $0 | — | — |
| Net borrowing | -$131M | $7M | -$22M | $116M | -$1.8B | -$334M | $927M | -$353M | -$182M | -$159M |
| Free cash flow margin | 38.8% | 32.5% | 43.8% | 26.9% | 14.2% | 59.8% | 26.4% | 55.1% | 28.9% | 35.3% |
| Dividends per share | $0.63 | $0.66 | $0.89 | $0.90 | $0.91 | $0.91 | $0.92 | $0.92 | $0.94 | $0.98 |
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Open FFBC in InvestinglyQuestions
What was First Financial Bancorp's revenue in 2025?
$899M in fiscal 2025, from its 10-K filing.
How much free cash flow does First Financial Bancorp generate?
$317M in fiscal 2025 (operating cash flow minus capital spending).
From First Financial Bancorp's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.