Hilliard Lyons Downgrades First Financial Bancorp (FFBC) to Neutral
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First Financial Bancorp Reports Second Quarter 2016 Financial Results
July 21, 2016 4:15 PM EDTCINCINNATI, July 21, 2016 /PRNewswire/ -- First Financial Bancorp (Nasdaq: FFBC) ("First Financial" or the "Company") announced financial results for the second quarter 2016. For the three months ended June 30, 2016, the Company reported net income of $22.6 million, or $0.36 per diluted common share. These results compare to net income of $19.8 million, or $0.32 per diluted common share, for the first quarter of 2016 and $18.9 million, or $0.31 per diluted common share, for the second quarter of 2015.Â
Return on average assets for the second quarter of 2016 was 1.11% while return on average tangible common equity was 14.49%. ... More
