Financial

Keep Your Eyes on Stock News: First Financial Bancorp (NASDAQ:FFBC)

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First Financial Bancorp (NASDAQ:FFBC) stock identified change of 31.76% away from 52-week low price and recently located move of -45.51% off 52-week high price. It has market worth of $1.40B and dividend yield of 6.45%. FFBC stock has been recorded 6.62% away from 50 day moving average and -8.92% away from 200 day moving average. Moving closer, we can see that shares have been trading 6.31% off 20-day moving average.

On Oct. 27, 2020, the board of directors of First Financial Bancorp (NASDAQ:FFBC) reported a quarterly cash dividend of $0.23 per common share.  The dividend is payable on December 15, 2020 to shareholders of record as of December 1, 2020.

About First Financial Bancorp

First Financial Bancorp is a Cincinnati, Ohio based bank holding company.  As of September 30, 2020, the Company had $15.9 billion in assets, $10.2 billion in loans, $11.6 billion in deposits and $2.2 billion in shareholders’ equity.  The Company’s subsidiary, First Financial Bank, founded in 1863, provides banking and financial services products through its six lines of business: Commercial, Retail Banking, Investment Commercial Real Estate, Mortgage Banking, Commercial Finance and Wealth Management.  These business units provide traditional banking services to business and retail clients.  Wealth Management provides wealth planning, portfolio management, trust and estate, brokerage and retirement plan services and had approximately $2.8 billion in assets under management as of September 30, 2020. The Company operated 143 full service banking centers as of September 30, 2020, primarily in Ohio, Indiana and Kentucky, while the Commercial Finance business lends into targeted industry verticals on a nationwide basis.

The Financial sector company, First Financial Bancorp. noticed change of -3.32% to $14.27 along volume of 386769 shares in recent session compared to an average volume of 399.43K shares. The stock observed return of 4.05% in 5 days trading activity. The stock was at 18.13% over one month performance. FFBC’s shares are at 0.07% for the quarter and driving a -40.22% return over the course of the past year and is now at -43.91% since this point in 2018.

The average volatility for the week at 4.97% and for month was at 4.00%. There are 97.22M shares outstanding and 95.87M shares are floated in market. Right now the stock beta is 1.34.

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