Q3 2025 First Financial Bancorp Earnings Call Transcript

Oct 24, 2025 / 12:30 PM GMT

Release Date Price: $24.09 (-0.95%)

Transcript 10-Q8-K

Key Points

Positve

First Financial Bancorp (FFBC) reported an adjusted net income of $72.6 million and adjusted earnings per share of $0.76, with an adjusted return on assets of 1.55% and an adjusted return on tangible common equity of 19.3%.
The company achieved record revenue in the third quarter, driven by a robust net interest margin and record non-interest income.
Asset quality metrics remained stable, with non-performing assets flat as a percentage of assets and annualized net charge-offs slightly improved from the previous quarter.
Tangible book value per share increased by 5% from the previous quarter and 14% from a year ago, while tangible common equity increased by 47 basis points.
First Financial Bancorp (FFBC) expects origination volumes to increase in the fourth quarter, leading to mid single-digit loan growth and strong deposit growth.

Negative

Loan balances declined modestly during the quarter, falling short of expectations due to lower production in specialty businesses and a greater percentage of construction originations.
Net interest margin decreased by 3 basis points from the previous quarter to 4.02%, with asset yields declining slightly.
Non-interest expenses increased due to higher incentive compensation tied to fee income.
The company anticipates a 120 basis point hit to tangible common equity upon closing the Westfield deal due to its all-cash nature.
Deposit competition remains strong, potentially impacting funding costs as the company looks to fund future loan growth.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

FFBC.OQ - First Financial Bancorp
Q3 2025 First Financial Bancorp Earnings Call
Oct 24, 2025 / 12:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Thank you for standing by and welcome to the first Financial Bancorp 3rd quarter 2025 earnings conference call and webcast. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a question during this time, simply press star, followed by the number 1 on your telephone keypad. If you would like to withdraw your question, again, press 1.

Thank you. I'd now like to turn the call over to Scott Crawley. You may begin.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.