First Financial Bancorp (FFBC) - Net Assets

Latest as of September 2025: $2.77 Billion USD

Based on the latest financial reports, First Financial Bancorp (FFBC) has net assets worth $2.77 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($21.13 Billion) and total liabilities ($18.36 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check FFBC goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	$2.77 Billion
% of Total Assets	13.11%
Annual Growth Rate	9.2%
5-Year Change	22.59%
10-Year Change	220.06%
Growth Volatility	26.16

First Financial Bancorp - Net Assets Trend (1991–2025)

This chart illustrates how First Financial Bancorp's net assets have evolved over time, based on quarterly financial data. See FFBC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for First Financial Bancorp (1991–2025)

The table below shows the annual net assets of First Financial Bancorp from 1991 to 2025. For live valuation and market cap data, see FFBC company net worth.

Year	Net Assets	Change
2025-12-31	$2.77 Billion	+13.58%
2024-12-31	$2.44 Billion	+7.50%
2023-12-31	$2.27 Billion	+11.10%
2022-12-31	$2.04 Billion	-9.63%
2021-12-31	$2.26 Billion	-1.01%
2020-12-31	$2.28 Billion	+1.53%
2019-12-31	$2.25 Billion	+8.15%
2018-12-31	$2.08 Billion	+123.31%
2017-12-31	$930.66 Million	+7.56%
2016-12-31	$865.22 Million	+6.90%
2015-12-31	$809.38 Million	+3.23%
2014-12-31	$784.08 Million	+14.94%
2013-12-31	$682.16 Million	-3.98%
2012-12-31	$710.42 Million	-0.25%
2011-12-31	$712.22 Million	+2.13%
2010-12-31	$697.39 Million	+3.55%
2009-12-31	$673.49 Million	+93.35%
2008-12-31	$348.33 Million	+25.94%
2007-12-31	$276.58 Million	-3.12%
2006-12-31	$285.48 Million	-4.80%
2005-12-31	$299.88 Million	-18.60%
2004-12-31	$368.40 Million	+0.52%
2003-12-31	$366.48 Million	-2.94%
2002-12-31	$377.60 Million	-1.80%
2001-12-31	$384.54 Million	-2.68%
2000-12-31	$395.13 Million	+6.08%
1999-12-31	$372.50 Million	+3.96%
1998-12-31	$358.30 Million	+25.15%
1997-12-31	$286.30 Million	+10.75%
1996-12-31	$258.50 Million	+10.38%
1995-12-31	$234.20 Million	+20.29%
1994-12-31	$194.70 Million	+15.07%
1993-12-31	$169.20 Million	+13.48%
1992-12-31	$149.10 Million	+7.50%
1991-12-31	$138.70 Million	--

Equity Component Analysis

This analysis shows how different components contribute to First Financial Bancorp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 1921.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	$1.44 Billion	51.90%
Common Stock	$1.65 Billion	59.50%
Other Comprehensive Income	$-189.94 Million	-6.86%
Total Equity	$2.77 Billion	100.00%

First Financial Bancorp Competitors by Market Cap

The table below lists competitors of First Financial Bancorp ranked by their market capitalization.

Company	Market Cap
Giantec Semiconductor Corp SHG:688123	$3.22 Billion
Kinik Co TW:1560	$3.22 Billion
SF Diamond SHE:300179	$3.23 Billion
Nien Made Enterprise Co Ltd TW:8464	$3.23 Billion
Charoen Pokphand Indonesia TBK PT JK:CPIN	$3.22 Billion
Community Bank System Inc NYSE:CBU	$3.22 Billion
Hiab B HE:HIAB	$3.22 Billion
Cholamandalam Financial Holdings Limited NSE:CHOLAHLDNG	$3.22 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in First Financial Bancorp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 2,438,041,000 to 2,769,216,000, a change of 331,175,000 (13.6%).
Net income of 255,605,000 contributed positively to equity growth.
Other comprehensive income increased equity by 99,857,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	$255.60 Million	+9.23%
Other Comprehensive Income	$99.86 Million	+3.61%
Other Changes	$-24.29 Million	-0.88%
Total Change	$-	13.58%

Book Value vs Market Value Analysis

This analysis compares First Financial Bancorp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 1.09x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 7.10x to 1.09x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1991-12-31	$4.43	$31.46	x
1992-12-31	$4.51	$31.46	x
1993-12-31	$4.84	$31.46	x
1994-12-31	$5.39	$31.46	x
1995-12-31	$6.10	$31.46	x
1996-12-31	$6.61	$31.46	x
1997-12-31	$5.83	$31.46	x
1998-12-31	$7.23	$31.46	x
1999-12-31	$7.55	$31.46	x
2000-12-31	$8.09	$31.46	x
2001-12-31	$8.10	$31.46	x
2002-12-31	$8.21	$31.46	x
2003-12-31	$8.25	$31.46	x
2004-12-31	$8.47	$31.46	x
2005-12-31	$6.95	$31.46	x
2006-12-31	$7.22	$31.46	x
2007-12-31	$7.19	$31.46	x
2008-12-31	$9.29	$31.46	x
2009-12-31	$14.27	$31.46	x
2010-12-31	$12.03	$31.46	x
2011-12-31	$12.13	$31.46	x
2012-12-31	$12.07	$31.46	x
2013-12-31	$11.75	$31.46	x
2014-12-31	$13.20	$31.46	x
2015-12-31	$13.09	$31.46	x
2016-12-31	$13.96	$31.46	x
2017-12-31	$14.97	$31.46	x
2018-12-31	$23.19	$31.46	x
2019-12-31	$22.74	$31.46	x
2020-12-31	$23.26	$31.46	x
2021-12-31	$23.56	$31.46	x
2022-12-31	$21.58	$31.46	x
2023-12-31	$23.85	$31.46	x
2024-12-31	$25.55	$31.46	x
2025-12-31	$28.92	$31.46	x

Capital Efficiency Dashboard

This dashboard shows how efficiently First Financial Bancorp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 9.23%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 20.30%
• Asset Turnover: 0.06x
• Equity Multiplier: 7.63x
Recent ROE (9.23%) is below the historical average (11.71%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1991	11.97%	10.99%	0.09x	12.02x	$2.73 Million
1992	14.35%	14.61%	0.09x	10.90x	$6.49 Million
1993	14.36%	17.22%	0.08x	9.98x	$7.38 Million
1994	14.48%	18.68%	0.08x	9.87x	$8.73 Million
1995	13.58%	18.22%	0.08x	8.98x	$8.38 Million
1996	13.11%	17.53%	0.09x	8.75x	$8.05 Million
1997	16.35%	17.77%	0.10x	9.21x	$18.17 Million
1998	14.23%	16.88%	0.09x	9.88x	$15.17 Million
1999	13.51%	15.49%	0.08x	10.58x	$13.07 Million
2000	14.73%	16.10%	0.09x	9.95x	$18.71 Million
2001	11.26%	12.59%	0.09x	10.02x	$4.85 Million
2002	12.77%	16.20%	0.08x	9.88x	$10.47 Million
2003	10.34%	14.01%	0.07x	10.79x	$1.26 Million
2004	11.07%	16.05%	0.07x	10.54x	$3.97 Million
2005	12.65%	14.94%	0.07x	12.31x	$7.94 Million
2006	7.45%	7.56%	0.09x	11.57x	$-7.28 Million
2007	12.90%	13.21%	0.08x	12.18x	$8.02 Million
2008	6.59%	9.77%	0.06x	10.62x	$-11.87 Million
2009	37.93%	103.50%	0.04x	10.28x	$181.55 Million
2010	8.50%	14.03%	0.07x	8.96x	$-10.49 Million
2011	9.37%	17.51%	0.06x	9.37x	$-4.48 Million
2012	9.47%	18.29%	0.06x	9.15x	$-3.74 Million
2013	7.09%	15.34%	0.05x	9.41x	$-19.87 Million
2014	8.29%	20.87%	0.04x	9.21x	$-13.41 Million
2015	9.27%	21.76%	0.04x	10.07x	$-5.87 Million
2016	10.23%	23.57%	0.04x	9.75x	$2.00 Million
2017	10.40%	23.65%	0.05x	9.56x	$3.72 Million
2018	8.30%	26.81%	0.05x	6.73x	$-35.23 Million
2019	8.81%	26.80%	0.05x	6.46x	$-26.70 Million
2020	6.83%	21.82%	0.04x	7.00x	$-72.40 Million
2021	9.08%	31.34%	0.04x	7.23x	$-20.73 Million
2022	10.66%	28.09%	0.05x	8.33x	$13.47 Million
2023	11.28%	22.94%	0.06x	7.73x	$29.07 Million
2024	9.39%	18.67%	0.07x	7.62x	$-14.97 Million
2025	9.23%	20.30%	0.06x	7.63x	$-21.32 Million

Industry Comparison

This section compares First Financial Bancorp's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

Industry: Banks - Regional
Average net assets among peers: $389,399,400
Average return on equity (ROE) among peers: 10.20%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
First Financial Bancorp (FFBC)	$2.77 Billion	11.97%	6.63x	$3.22 Billion
Ameris Bancorp (ABCB)	$514.76 Million	7.94%	9.86x	$4.95 Billion
Ameris Bancorp (ABCB)	$68.20 Million	10.85%	9.15x	$5.79 Billion
ACNB Corporation (ACNB)	$51.46 Million	12.55%	7.93x	$483.21 Million
Affinity Bancshares Inc (AFBI)	$76.38 Million	0.59%	3.01x	$137.13 Million
Alerus Financial Corp (ALRS)	$127.25 Million	8.42%	8.09x	$736.27 Million
Amalgamated Bank (AMAL)	$508.95 Million	16.01%	14.41x	$1.27 Billion
Amerant Bancorp Inc. (AMTB)	$1.00 Billion	3.23%	8.67x	$974.56 Million
Arrow Financial Corporation (AROW)	$431.85 Million	10.18%	9.29x	$622.98 Million
Associated Banc-Corp (ASB)	$968.70 Million	17.34%	12.55x	$5.45 Billion
AmeriServ Financial Inc (ASRV)	$141.70 Million	14.89%	15.78x	$62.43 Million

About First Financial Bancorp

NASDAQ:FFBC USA Banks - Regional

Market Cap

$3.29 Billion

Market Cap Rank

#4817 Global

#1587 in USA

Share Price

$31.46

Change (1 day)

-1.35%

52-Week Range

$23.15 - $32.30

All Time High

$32.30