FFBC (First Financial Bancorp) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2024)

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What is First Financial Bancorp LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. First Financial Bancorp's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.02.

First Financial Bancorp's long-term debt to total assets ratio declined from Dec. 2023 (0.02) to Dec. 2024 (0.02). It may suggest that First Financial Bancorp is progressively becoming less dependent on debt to grow their business.

First Financial Bancorp LT-Debt-to-Total-Asset Historical Data

The historical data trend for First Financial Bancorp's LT-Debt-to-Total-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.

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First Financial Bancorp LT-Debt-to-Total-Asset Chart

First Financial Bancorp Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.02

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
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.02

First Financial Bancorp LT-Debt-to-Total-Asset Calculation

First Financial Bancorp's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	347.509	/	18570.261
	=	0.02

First Financial Bancorp's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	347.509	/	18570.261
	=	0.02

First Financial Bancorp (NAS:FFBC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

First Financial Bancorp LT-Debt-to-Total-Asset Related Terms

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First Financial Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Financial Bancorp (NAS:FFBC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

255 East Fifth Street, Suite 800, Cincinnati, OH, USA, 45202

Website

https://www.bankatfirst.com

First Financial Bancorp is a mid-sized, regional bank holding company. It operates through its wholly-owned subsidiary, First Financial Bank, and provides banking and financial services products through its six lines of business Commercial, Retail Banking, Mortgage Banking, Wealth Management, Investment Commercial Real Estate, and Commercial Finance. First Financial utilizes a community banking business model and serves a combination of metropolitan and non-metropolitan markets through full-service banking centers around Indiana, Ohio, and Kentucky. The primary component of its loan portfolio is commercial real estate loans, followed by commercial and industrial loans. A majority of First Financial's net revenue is net interest income.

Executives

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
James R Shank	officer: Internal Auditor	255 EAST 5TH STREET, SUITE 2900, 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