U.S. Markets open in 2 hrs 29 mins

First Financial: 1Q Earnings Snapshot

CINCINNATI (AP) _ First Financial Bancorp (FFBC) on Thursday reported first-quarter earnings of $45.8 million.

The Cincinnati-based bank said it had earnings of 47 cents per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 47 cents per share.

The holding company for First Financial Bank posted revenue of $178.6 million in the period. Its revenue net of interest expense was $148.3 million, which missed Street forecasts. Four analysts surveyed by Zacks expected $150.5 million.

First Financial shares have increased 5 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $24.96, a decline of 21 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FFBC at https://www.zacks.com/ap/FFBC