Loading...
•
Jun 30
First Financial Q2 2025 Earnings Report
First Financial reported record Q2 2025 revenue with strong profitability and solid credit quality.
Key Takeaways
First Financial Bancorp posted a robust second quarter, driven by record revenue of $226.3 million, strong net interest margin, and stable credit quality. Tangible book value per share increased 4% sequentially, reflecting healthy capital growth.
Record revenue of $226.3M with EPS of $0.73, adjusted EPS $0.74
Return on average assets of 1.52% and ROATCE of 19.61%
Net interest margin expanded to 4.05% (FTE basis)
Tangible book value per share rose to $15.40, up 4% from Q1
First Financial
First Financial
First Financial Revenue by Segment
Revenue by Segment
Wealth Management Revenue
CapyFin.comLeasing Business Revenue
CapyFin.comBankcard Income Revenue
CapyFin.comClient Derivative Fees Revenue
CapyFin.comForeign Exchange Income Revenue
CapyFin.comLoan Sales Gains Revenue
CapyFin.comDeposit Account Service Charges Revenue
CapyFin.com Forward Guidance
First Financial expects loan growth to accelerate in the second half of 2025, supported by broad-based demand, while maintaining strong credit quality and capital ratios.
Positive Outlook
- Loan growth expected to strengthen in H2 2025 as payoffs subside
- Strong capital ratios with CET1 at 12.57% and TCE at 8.40%
- Continued expansion in leasing and mortgage banking income
- Efficiency initiatives expected to keep noninterest expense growth modest
- Dividend increased to $0.25 per share, reflecting strong profitability
Challenges Ahead
- Nonperforming loans increased to 0.65% of total loans
- Net charge-offs expected to remain in the 20-25 bps range for the rest of 2025
- Foreign exchange income declined sequentially
- Commercial real estate portfolio continues to experience elevated prepayments
- Regulatory approval still pending for Westfield Bank acquisition