First Financial Bancorp (FFBC) - Net Assets
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 financial resilience of First Financial Bancorp to evaluate the company's liquid asset resilience ratio.
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. Also explore balance sheet size of First Financial Bancorp for the complete picture of this company's asset base.
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 |
|---|---|
|
Option Care Health Inc
NASDAQ:OPCH
|
$3.18 Billion |
|
USA Compression Partners LP
NYSE:USAC
|
$3.18 Billion |
|
Paramount Resources Ltd.
TO:POU
|
$3.18 Billion |
|
BBVA Banco Frances SA
BA:BBAR
|
$3.18 Billion |
|
Keboda Technology Co Ltd
SHG:603786
|
$3.18 Billion |
|
Whirlpool Corporation
NYSE:WHR
|
$3.18 Billion |
|
ROCKWOOL International A/S
CO:ROCK-B
|
$3.18 Billion |
|
Mangalore Refinery and Petrochemicals Limited
NSE:MRPL
|
$3.18 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: 1.05x
- 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 6.87x to 1.05x 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 | $30.41 | x |
| 1992-12-31 | $4.51 | $30.41 | x |
| 1993-12-31 | $4.84 | $30.41 | x |
| 1994-12-31 | $5.39 | $30.41 | x |
| 1995-12-31 | $6.10 | $30.41 | x |
| 1996-12-31 | $6.61 | $30.41 | x |
| 1997-12-31 | $5.83 | $30.41 | x |
| 1998-12-31 | $7.23 | $30.41 | x |
| 1999-12-31 | $7.55 | $30.41 | x |
| 2000-12-31 | $8.09 | $30.41 | x |
| 2001-12-31 | $8.10 | $30.41 | x |
| 2002-12-31 | $8.21 | $30.41 | x |
| 2003-12-31 | $8.25 | $30.41 | x |
| 2004-12-31 | $8.47 | $30.41 | x |
| 2005-12-31 | $6.95 | $30.41 | x |
| 2006-12-31 | $7.22 | $30.41 | x |
| 2007-12-31 | $7.19 | $30.41 | x |
| 2008-12-31 | $9.29 | $30.41 | x |
| 2009-12-31 | $14.27 | $30.41 | x |
| 2010-12-31 | $12.03 | $30.41 | x |
| 2011-12-31 | $12.13 | $30.41 | x |
| 2012-12-31 | $12.07 | $30.41 | x |
| 2013-12-31 | $11.75 | $30.41 | x |
| 2014-12-31 | $13.20 | $30.41 | x |
| 2015-12-31 | $13.09 | $30.41 | x |
| 2016-12-31 | $13.96 | $30.41 | x |
| 2017-12-31 | $14.97 | $30.41 | x |
| 2018-12-31 | $23.19 | $30.41 | x |
| 2019-12-31 | $22.74 | $30.41 | x |
| 2020-12-31 | $23.26 | $30.41 | x |
| 2021-12-31 | $23.56 | $30.41 | x |
| 2022-12-31 | $21.58 | $30.41 | x |
| 2023-12-31 | $23.85 | $30.41 | x |
| 2024-12-31 | $25.55 | $30.41 | x |
| 2025-12-31 | $28.92 | $30.41 | 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: $552,557,300
- Average return on equity (ROE) among peers: 11.02%
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 | $3.18 Billion |
| Ameris Bancorp (ABCB) | $1.46 Billion | 8.31% | 6.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $5.70 Billion |
| ACNB Corporation (ACNB) | $74.01 Million | 9.97% | 11.77x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $129.12 Million | 4.21% | 5.71x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $153.31 Million | 13.22% | 8.01x | $647.19 Million |
| Amalgamated Bank (AMAL) | $535.82 Million | 8.62% | 10.16x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $901.22 Million | 12.53% | 7.48x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $72.29 Million | 17.85% | 12.85x | $601.02 Million |
| Associated Banc-Corp (ASB) | $2.02 Billion | 12.80% | 9.17x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $65.10 Million | 11.83% | 10.90x | $62.60 Million |
About First Financial Bancorp
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. The company offers checking and savings accounts; and accepts various deposit products, such as interest-bearing and non-interest-bearing accounts, time deposits, and cash management ser… Read more