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FFBC (First Financial Bancorp) Goodwill-to-Asset : 0.05 (As of Dec. 2024)


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What is First Financial Bancorp Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. First Financial Bancorp's Goodwill for the quarter that ended in Dec. 2024 was $1,007.7 Mil. First Financial Bancorp's Total Assets for the quarter that ended in Dec. 2024 was $18,570.3 Mil. Therefore, First Financial Bancorp's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 was 0.05.


First Financial Bancorp Goodwill-to-Asset Historical Data

The historical data trend for First Financial Bancorp's Goodwill-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Financial Bancorp Goodwill-to-Asset Chart

First Financial Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.06 0.06 0.06 0.05

First Financial Bancorp Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.06 0.06 0.05

Competitive Comparison of First Financial Bancorp's Goodwill-to-Asset

For the Banks - Regional subindustry, First Financial Bancorp's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Financial Bancorp's Goodwill-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Financial Bancorp's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where First Financial Bancorp's Goodwill-to-Asset falls into.


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First Financial Bancorp Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

First Financial Bancorp's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Goodwill to Asset (A: Dec. 2024 )=Goodwill/Total Assets
=1007.656/18570.261
=0.05

First Financial Bancorp's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Goodwill to Asset (Q: Dec. 2024 )=Goodwill/Total Assets
=1007.656/18570.261
=0.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Financial Bancorp  (NAS:FFBC) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


First Financial Bancorp Goodwill-to-Asset Related Terms

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First Financial Bancorp Business Description

Traded in Other Exchanges
N/A
Address
255 East Fifth Street, Suite 900, Cincinnati, OH, USA, 45202
First Financial Bancorp is a mid-sized, regional bank holding company. It engages in the business of commercial banking and other banking and banking-related activities through its subsidiary. The range of banking services provided to individuals and businesses includes commercial lending, real estate lending and consumer financing. Real estate loans are loans secured by a mortgage lien on the real property of the borrower, which may either be residential property or commercial property. In addition, it offers deposit products that include interest-bearing and noninterest-bearing accounts, time deposits and cash management services for commercial customers. A full range of trust and wealth management services is also provided through First Financial's Wealth Management line of business.
Executives
James R Shank officer: Internal Auditor 255 EAST 5TH STREET, SUITE 2900, CINCINNATI OH 45202
Gregory A Harris officer: SVP, WM Sr Operating Officer 255 E. FIFTH STREET, CINCINNATI OH 45202
Richard S Dennen officer: President, Oak Street Funding 255 E FIFTH STREET, CINCINNATI OH 45202
James M Anderson officer: Chief Financial Officer
Thomas Murray Obrien director 255 E FIFTH STREET, CINCINNATI OH 45202
Scott T Crawley officer: Controller & Prin Actg Officer 255 E FIFTH STREET, SUITE 2900, CINCINNATI OH 45202
Vince Berta director 255 E FIFTH STREET, CINCINNATI OH 45202
Cynthia O Booth director 255 E. FIFTH STREET, CINCINNATI OH 45202
Claude E Davis director, officer: President & CEO 255 E FIFTH STREET, CINCINNATI OH 45202
William G Barron director 255 E FIFTH STREET, CINCINNATI OH 45202
Andre T Porter director 255 E FIFTH STREET, CINCINNATI OH 45202
Dawn C Morris director 255 E. FIFTH STREET, CINCINNATI OH 45202
Gary W Warzala director 255 E FIFTH STREET, CINCINNATI OH 45202
Brown Archie M Jr director, officer: Chief Executive Officer 255 E FIFTH STREET, CINCINNATI OH 45202
First Financial Bancorp /oh/ officer: President, Wealth Management 255 EAST FIFTH STREET, SUITE 800, CINCINNATI OH 45202