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First Financial Bancorp (First Financial Bancorp) Retained Earnings : $1,166.1 Mil (As of Mar. 2024)


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What is First Financial Bancorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. First Financial Bancorp's retained earnings for the quarter that ended in Mar. 2024 was $1,166.1 Mil.

First Financial Bancorp's quarterly retained earnings increased from Sep. 2023 ($1,101.9 Mil) to Dec. 2023 ($1,136.7 Mil) and increased from Dec. 2023 ($1,136.7 Mil) to Mar. 2024 ($1,166.1 Mil).

First Financial Bancorp's annual retained earnings increased from Dec. 2021 ($837.5 Mil) to Dec. 2022 ($968.2 Mil) and increased from Dec. 2022 ($968.2 Mil) to Dec. 2023 ($1,136.7 Mil).


First Financial Bancorp Retained Earnings Historical Data

The historical data trend for First Financial Bancorp's Retained Earnings 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 Retained Earnings Chart

First Financial Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 711.25 720.43 837.47 968.24 1,136.72

First Financial Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings 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 1,016.89 1,060.72 1,101.91 1,136.72 1,166.07

First Financial Bancorp Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


First Financial Bancorp  (NAS:FFBC) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


First Financial Bancorp (First Financial Bancorp) Business Description

Traded in Other Exchanges
Address
225 Pictoria Dr., Suite 700, Cincinnati, OH, USA, 45246
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
William G Barron director 255 E FIFTH STREET, CINCINNATI OH 45202
Richard S Dennen officer: President, Oak Street Funding 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
Claude E Davis director, officer: President & CEO 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
Vince Berta director 255 E FIFTH STREET, CINCINNATI OH 45202
First Financial Bancorp /oh/ officer: President, Wealth Management 255 EAST FIFTH STREET, SUITE 800, CINCINNATI OH 45202
Maribeth S Rahe director 255 E FIFTH STREET, CINCINNATI OH 45202
Purkrabek Knust Susan L director 255 E FIFTH STREET, CINCINNATI OH 45202
J Wickliffe Ach director 300 HIGH STREET, HAMILTON OH 45011
Thomas Murray Obrien director 255 E FIFTH STREET, CINCINNATI OH 45202
Cynthia O Booth director 255 E. FIFTH STREET, CINCINNATI OH 45202
John T Neighbours director 255 E FIFTH STREET, SUITE 2900, CINCINNATI OH 45202