First Financial Bancorp. (FFBC) Plunges 5.44% on December 19

First Financial Bancorp. (FFBC) Plunges 5.44% on December 19

First Financial Bancorp. (FFBC) had a rough trading day for Wednesday December 19 as shares tumbled 5.44%, or a loss of $-1.31 per share, to close at $22.77. After opening the day at $24.09, shares of First Financial Bancorp. traded as high as $24.21 and as low as $22.73. Volume was 799,662 shares over 6,845 trades, against an average daily volume of n/a shares and a total float of 97.91 million.

As a result of the decline, First Financial Bancorp. now has a market cap of $2.23 billion.

The stock has a P/E Ratio of 14.1.

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 product through four lines of business: Commercial and Private Banking, Retail Banking, 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 primarily in 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.

First Financial Bancorp. is based out of Cincinnati, OH and has some 1,366 employees. Its CEO is Archie M. Brown.

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