Claude Davis - First Financial Chairman

FFBC Stock  USD 22.55  0.05  0.22%   

Chairman

Mr. Claude E. Davis is Chairman of the Board of the Company. He is no longer executive officer of the Company effective December 31, 2019. He has served on the board of directors of each of First Financial Bancorp and First Financial Bank since October 1, 2004 and also was Chairman of the Board of Directors of First Financial Bank since October 1, 2004. From October 1, 2004 until December 1, 2014, Mr. Davis held the title of President First Financial Bancorp. From October 1, 2004 until August 20, 2013, Mr. Davis held the title of President of First Financial Bank. Mr. Davis has over 29 years of experience in the financial services industry. since 2018.
Age 57
Tenure 6 years
Address 255 East Fifth Street, Cincinnati, OH, United States, 45202
Phone877 322 9530
Webhttps://www.bankatfirst.com
Davis also serves as a member of the Cincinnati Business Committee and the American Banker’s Council.

First Financial Management Efficiency

The company has return on total asset (ROA) of 0.0148 % which means that it generated a profit of $0.0148 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1188 %, meaning that it created $0.1188 on every $100 dollars invested by stockholders. First Financial's management efficiency ratios could be used to measure how well First Financial manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0.13, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, First Financial's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 471 M, whereas Other Assets are forecasted to decline to about 6 B.
The company currently holds 1.36 B in liabilities with Debt to Equity (D/E) ratio of 9.07, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist First Financial until it has trouble settling it off, either with new capital or with free cash flow. So, First Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First Financial Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Financial's use of debt, we should always consider it together with cash and equity.

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First Financial Bancorp. operates as the bank holding company for First Financial Bank that provides commercial banking and related services to individuals and businesses in Ohio, Indiana, Kentucky, and Illinois. First Financial Bancorp. was founded in 1863 and is headquartered in Cincinnati, Ohio. First Finl operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 2072 people. First Financial Bancorp (FFBC) is traded on NASDAQ Exchange in USA. It is located in 255 East Fifth Street, Cincinnati, OH, United States, 45202 and employs 2,165 people. First Financial is listed under Regional Banks category by Fama And French industry classification.

Management Performance

First Financial Bancorp Leadership Team

Elected by the shareholders, the First Financial's board of directors comprises two types of representatives: First Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Financial's management team and ensure that shareholders' interests are well served. First Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Neighbours, Director
Archie Brown, President CEO, Director
Richard Olszewski, Independent Director
James Anderson, Ex CFO
Scott Crawley, Principal Accounting Officer, Corporate Controller
William Sorg, Chief Risk Officer of the company and Bank
Richard Dennen, President-Oak Street Funding, LLC
Charles Lefferson, President-Community Banking
Richard CPA, Executive Officer
Shannon Kuhl, Chief Legal Officer and Corporate Secretary
Mark Collar, Independent Director
Roddell McCullough, Chief Officer
C Lefferson, President - Commercial Banking and Wealth Management and Presidentident - Eastern Markets
Holly Foster, Senior Vice President Chief Risk Officer
Susan Knust, Independent Director
William Kramer, Independent Director
Vincent Berta, Director
Ann Davis, Mortgage President
Corinne Finnerty, Independent Director
Matthew Burgess, Chief Internal Auditor of the Comapny and the Bank
Amanda Neeley, Executive Officer
Murph Knapke, Non-Executive Independent Chairman of the Board
Richard Barbercheck, Chief Credit Officer, Executive VP and Chief Credit Officer of First Financial Bank
Wickliffe Ach, Independent Vice Chairman of the Board
Karen Woods, Chief Risk Officer, General Counsel, Corporate Secretary
Anthony Stollings, President, COO and COO of First Financial Bank
Alisa Poe, Executive Vice President Chief Talent Officer, Chief of Staff
William Harrod, Chief Credit Officer
Erin Hoeflinger, Director
John Gavigan, CFO, Sr. VP and CFO of First Financial Bank
Maribeth Rahe, Independent Director
Claude Davis, CEO, Director, Member of Mergers and Acquisition Executive Committee, Chairman of First Financial Bank and CEO of First Financial Bank
Peter Geier, Director
Karen JD, General VP
Jill Stanton, President - Mortgage Banking
Eric Stables, IR Contact Officer and Corporate Development
Scott CPA, Controller VP
William Barron, Director
Douglas Lefferson, President of Community Banking for Eastern Markets and President of Community Banking for First Financial Bank
Thomas OBrien, Director
Bradley Ringwald, President-Specialty Banking of the Bank
Jeffrey Meyer, Director
Gregory Harris, Senior Vice President Wealth Management
David Barker, Independent Director
Kathleen Bardwell, Director
Cynthia Booth, Independent Director
James Shank, Chief Auditor

First Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether First Financial Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Financial Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Financial Bancorp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Financial Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
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Note that the First Financial Bancorp information on this page should be used as a complementary analysis to other First Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running First Financial's price analysis, check to measure First Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Financial is operating at the current time. Most of First Financial's value examination focuses on studying past and present price action to predict the probability of First Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Financial's price. Additionally, you may evaluate how the addition of First Financial to your portfolios can decrease your overall portfolio volatility.
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Is First Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Financial. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.18)
Dividend Share
0.92
Earnings Share
2.69
Revenue Per Share
8.481
Quarterly Revenue Growth
(0.04)
The market value of First Financial Bancorp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Financial's value that differs from its market value or its book value, called intrinsic value, which is First Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Financial's market value can be influenced by many factors that don't directly affect First Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.