BNET Industries

Market Cap:$690.7M
Last Fiscal Year Sales:$238.7M
  • Public
  • US
Dow Jones Description

First Financial wants to be the first, last, and only banking destination. Founded in 1982 and headquartered in Hamilton, OH, First Financial Bancorp (NASDAQ: FFBC) is the holding company for First Financial Bank and several other banks and financial firms. It has about 105 branches in Ohio, Michigan, Kentucky, and Indiana. It offers deposit accounts, CDs, credit cards, trust, asset management, and a wide array of loans and mortgages. It also has subsidiaries that offer insurance and wealth management. The bank had 2005 revenue of about $254 million and employs about 1,600 people. In September 2005, it sold its Fidelity Federal Savings Bank subsidiary.

President & CEO
Claude Davis
Number of Employees 1,127
Contact Information

300 High St

PO Box 476

Hamilton, Ohio 45011

www.ffbc-oh.com

(513) 867-4700

NAICS Code Commercial Banking: 522110

Recent Events

  • First Financial Bancorp FFBC Declares $0.10 Quarterly Dividend; 2.9% Yield

    11/25/09 - Stock Split / Dividend - View Story

  • Acquisitions boost First Financial's profits

    11/06/09 - Financial Announcement - View Story

  • First Financial Gets Good Deal from FDIC on Irwin Assets

    10/06/09 - New Investment - View Story

  • J.J.B. Hilliard W.L. Lyons LLC raises First Financial Bancorp. to 'neutral'

    9/23/09 - Bond / Stock Rating - View Story

  • Irwin to liquidate; shares are delisted

    9/23/09 - Buildings Purchased - View Story

  • First Financial shares jump on analysts' upgrades

    9/22/09 - Bond / Stock Rating - View Story

  • First Financial Bancorp shares soar on FDIC deal

    9/21/09 - Bond / Stock Rating - View Story

  • First Financial buys Irwin banking operations

    9/19/09 - Merger / Acquisition - View Story

  • First Financial stock jumps on Irwin takeover

    9/22/09 - Merger / Acquisition - View Story

  • Janney Montgomery Scott initiates coverage of First Financial Bancorp. at 'neutral'

    9/01/09 - Bond / Stock Rating - View Story

  • First Financial Bancorp Completes Acquisition Of 3 Banking Centers From Irwin Union Bank And Trust...

    8/31/09 - Merger / Acquisition - View Story

  • Q2 earnings plummet at First Financial

    8/04/09 - Buildings Purchased - View Story

  • Peoples Community to file bankruptcy

    8/10/09 - Merger / Acquisition - View Story

  • Irwin Union To Become First Financial

    7/09/09 - Joint Venture / Alliance - View Story

  • /C O R R E C T I O N -- First Financial Bancorp/

    7/02/09 - Joint Venture / Alliance - View Story

  • First Financial could consider paying back TARP money

    6/15/09 - Stock Split / Dividend - View Story

  • Roszczyk to head First Financial Bancorp’s Indiana market

    6/04/09 - Mgmt. Change Entering - Vice President - View Story

News & Analysis

first financial bancorp - All News and Analysis

Decision Makers

Name (plus bio) Position
Claude Davis President & CEO
Adrian O. Breen President, Marketing
David S. Harvey President, Northwestern Indiana
Mark Immelt President, Wealth Resource Group
C. Douglas Lefferson COO & Executive Vice President
C. Thomas Murrell Chief Accounting Officer & Senior Vice President
J. Franklin Hall CFO & Senior Vice President
Richard Barbercheck Chief Credit Officer
Samuel J. Munafo Executive Vice President
Gregory A. Gehlmann General Counsel & Senior Vice President
John C. Hoying Senior Vice President, Product Management, Retail Credit
Rex A. Hockemeyer Senior Vice President, Info Technology
Cheryl Lipp Vice President & Director, Marketing
Elizabeth Fontaine Vice President & Controller
Regina P. Brackett First Vice President & Director, HR
Stephen C. Schatteman Vice President & Manager
Jill L. Wyman Senior Vice President & Director, Sales
Terence Fitz Compliance Officer
David Philipp Secretary
Mark Collar Director

Board of Directors

Name (plus bio) Position
Bruce Leep Chairman
Barry J. Porter Board of Directors
Barry S. Porter Board of Directors
Carl R. Fiora Board of Directors
Corinne R. Finnerty Board of Directors
Donald M. Cisle Board of Directors
James C. Garland Board of Directors
Murph Knapke Board of Directors
Richard E. Olszewski Board of Directors
Steven C. Posey Board of Directors
Susan L. Purkrabek-Knust Board of Directors
William J. Kramer Board of Directors

Claude E. Davis joined the company as President, Chief Executive Officer, and a member of the Board of Directors in October 2004. Mr. Davis also serves as Chairman of the Board of Directors of First Financial Bank. Prior to joining the company, he was Senior Vice President at Irwin Financial Corporation and Chairman of Irwin Union Bank and Trust (the company’s lead bank), positions he held since May 2003. Earlier in his career, he served as President of Irwin Union Bank and Trust for seven years. Mr. Davis began his career as a CPA with the public accounting firm Coopers & Lybrand.

Organization Position Status
First Financial Bancorp President & CEO Current
First Financial Bancorp Board of Directors Current

Organization Position Status
First Financial Bancorp President, Marketing Current

Organization Position Status
First Financial Bancorp President, Northwestern Indiana Current
Sand Ridge Bank President Former

Organization Position Status
First Financial Bancorp President, Wealth Resource Group Current

Organization Position Status
First Financial Bancorp COO & Executive Vice President Current
First Financial Bancorp Board of Directors Current

Organization Position Status
First Financial Bancorp Chief Accounting Officer & Senior Vice President Current

J. Franklin Hall was appointed Executive Vice President and Chief Financial Officer in April 2005. Prior to his current appointment, Mr. Hall served as First Vice President, Controller, and Director of Finance. He joined First Financial in June 1999. Prior to joining the company, he was with Firstar Bank, N.A. (now known as US Bancorp) in Cincinnati, Ohio. Mr. Hall is a CPA and also worked in the audit division of Ernst & Young, LLP.

Organization Position Status
First Financial Bancorp CFO & Senior Vice President Current
First Financial Bancorp Board of Directors Current

Richard Barbercheck joined the company in 2005 as Senior Vice President and Chief Credit Officer. Mr. Barbercheck oversees risk management which includes commercial and consumer credit, regulatory and compliance, operational and market risk. Prior to joining the company, he was with Irwin Financial Corporation in Columbus, Indiana, where he managed the credit risk evaluation group. Earlier in his career his served as President of a small bank in Indiana from 1993 until 1998. Mr. Barbercheck has a total of 24 years of banking experience, including commercial lending and credit administration.

Organization Position Status
First Financial Bancorp Chief Credit Officer Current

Organization Position Status
First Financial Bancorp Executive Vice President Current
First Financial Capital Advisors LLC Executive Vice President, Banking Markets Current
Community First Bank & Trust Chief Executive Officer Former
Community First Bank & Trust President Former

Gregory A. Gehlmann joined the company in June 2005 as Senior Vice President and General Counsel. Mr. Gehlmann also served as Chief Risk Officer for the company from July 2006 to July 2008. Prior to joining the company, he practiced law for 16 years in Washington, D.C. Mr. Gehlmann served as partner/counsel at Manatt, Phelps & Phillips, LLP, Washington, D.C., where he was counsel to public and private companies, as well as investors, underwriters, directors, officers, and principals regarding corporate securities, banking, and general business and transactional matters.

Organization Position Status
First Financial Bancorp General Counsel & Senior Vice President Current

Organization Position Status
First Financial Bancorp Senior Vice President, Product Management, Retail Credit Current

Organization Position Status
First Financial Bancorp Senior Vice President, Info Technology Current
First Financial Bancorp Service Corporation Senior Vice President Former

Organization Position Status
First Financial Bancorp Vice President & Director, Marketing Current

Organization Position Status
First Financial Bancorp Vice President & Controller Current

Organization Position Status
First Financial Bancorp First Vice President & Director, HR Current

Organization Position Status
First Financial Bancorp Vice President & Manager Current

Jill Wyman is First Financial Bancorp’s senior vice president and director of sales. She joined the company in 2003 as vice president and sales director. She has responsibility for the sales and service process throughout the company’s four-state network of banks. She is also responsible for corporate marketing. She came to First Financial Bancorp from the retail sector where she was general manager of the TriCounty Lazarus Store, a division of Federated Department Stores. Beginning as a management trainee, she spent 19 years with Lazarus, progressing to sales manager, group sales manager, assistant general manager, regional merchandise manager, and general manager. Wyman earned her bachelor’s degree in retail management at Purdue University. Residents of Hebron, Kentucky, she and her husband have two children.

Organization Position Status
First Financial Bancorp Senior Vice President & Director, Sales Current

Organization Position Status
First Financial Bancorp Compliance Officer Current

Organization Position Status
First Financial Bancorp Chairman Current
Sand Ridge Bank Chairman Current
Christian Healthcare Foundation Treasurer Current
Calvin College Former

Organization Position Status
First Financial Bancorp Board of Directors Current

Organization Position Status
First Financial Bancorp Board of Directors Current

Organization Position Status
First Financial Bancorp Board of Directors Current

Corinne R. Finnerty is a partner in the law firm of McConnell & Finnerty, North Vernon, Indiana (trial attorney).

Organization Position Status
First Financial Bancorp Board of Directors Current

Organization Position Status
Placer Title Co. Inc. Executive Vice President, Chief Financial Officer Current
National Closing Solutions Chief Financial Officer Current
First Financial Bancorp Secretary Current
VantageMed Corp. Board of Directors Current
Mother Lode Holding Company Chief Financial Officer Former
First Financial Bancorp Cfo Former
National Cinema Supply Corp. Chief Financial Officer Former
First Financial Bancorp Executive Vice President Former
California State University B.S. Degree In Business Administration Former

Donald M. Cisle has served as president of Don S. Cisle Contractor, Inc. (construction contractor) since 1989.

Organization Position Status
First Financial Bancorp Board of Directors Current

Organization Position Status
First Financial Bancorp Board of Directors Current

Mark is a venture partner of Triathlon Medical Ventures in Cincinnati, which he joined in 2008 after retiring as president of Global Pharmaceuticals and Personal Health at Procter & Gamble. Mark brings 15 years of broad-spectrum expertise in the pharmaceutical business from discovery and development through launch and sales as well as an invaluable network of industry relationships. No stranger to the venture capital world, Mark was appointed by the governor and currently is chairman of the Third Frontier Advisory Board, which provides direction for Ohio's $1.6 billion economic development investment fund, and also is vice chairman of BioOhio, the state's life science economic development organization. He sits on the board of directors of Ohio-based AtriCure, Inc., is a Trustee and, Member, Executive Committee, of the Health Alliance of Greater Cincinnati, and was appointed by the U.S. Secretary of Health and Human Services to advise the director of the Centers for Disease Control and Prevention. In addition, Mark serves on the research committee of the board of trustees for Cincinnati Children's Hospital. He is a Wisconsin native, and received his Bachelor's degree from Northern Illinois University.

Organization Position Status
Triathlon Medical Ventures Venture Partner Current
AtriCure, Inc. All Executive Current
First Financial Bancorp Director Current
AtriCure, Inc. Board of Directors Current
Global Pharmaceuticals President Former
Ohio.Com Chairman Former

Murph Knapke is the owner of Knapke Law Office, Celina, Ohio.

Organization Position Status
First Financial Bancorp Board of Directors Current
Community First Bank & Trust Chairman Former

Richard E. Olszewski, a graduate of Loras College, operates two 7 Eleven Food Stores in Griffith, Indiana.

Organization Position Status
First Financial Bancorp Board of Directors Current

Organization Position Status
First Financial Bancorp Board of Directors Current

Susan L. Knust is managing partner of K.P. Properties of Ohio LLC (industrial real estate); managing partner of Omega Warehouse Services LLC (public warehousing); former president of Precision Packaging and Services, Inc.; and a director of Middletown Hospital Regional Health System, Middletown, Ohio.

Organization Position Status
First Financial Bancorp Board of Directors Current

William J. Kramer is vice president and general manager of Val-Co Pax, Inc. in Coldwater, Ohio. Previously, he was employed by Deloitte & Touche in Dayton, Ohio.

Organization Position Status
First Financial Bancorp Board of Directors Current

Executive News

  • Peoples Community to file bankruptcy

    Fairfield Echo - 8/10/09 - View Story

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     FFBC $13.43 -0.17 (-1.25% )
Average Volume 392,792
Shares Outstanding 51.43M
Market Cap 690.7M
Year High 13.75
Year Low 5.07
Earnings Per Share 4.58
P/E Ratio 2.93
Dividend 0.40
Yield 2.98
Glass Door

First Financial Bancorp

CEO Rating

Claude E. Davis

President, CEO, and Director; Chairman, President, and CEO, First Financial Bank

0% Approve

Employer Rating
“Very Satisfied!” 4.0 3.0
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