First Financial Bancorp : Fourth Quarter 2024 Investor Presentation

Published: 2025-01-28 16:56:16 ET FFBC

investor presentation

forward looking statements disclosure

Additional factors that may cause our actual results to differ materially from those described in our forward-looking statements can be found in our Form 10-K for the year ended December 31, 2023, as well as our other filings with the SEC, which are available on the SEC website at www.sec.gov.

All forward-looking statements included in this filing are made as of the date hereof and are based on information available at the time of the filing. Except as required by law, the Company does not assume any obligation to update any forward-looking statement.

presentation contents

About First Financial Bancorp

Financial Performance

Appendix

overview

$18.6B

NASDAQ: FFBC

in assets

Headquarters: Cincinnati, Ohio

$11.8B/$14.3B

Founded: 1863

loans / deposits

Banking Centers: 127

Employees: 2,064

$5.4B

Market Cap

: $2.6B

wealth management (1)

(12/31/24)

Dividend Yield (12/31/24): 3.6%

2.03%

CET1 Ratio: 12.16%

4Q Adj. PTPP ROAA(2)

Lines of Business

Commercial

Wealth Management / Affluent

C&I, O-CRE, Treasury,

Banking

ABL, ESOP, Equipment Finance,

Bannockburn Global Forex

Investment Commercial

Retail Banking

Real Estate

Consumer, Small Business

Commercial Finance

Mortgage Banking

Oak Street Funding / Franchise

Summit Funding Group

Agile Premium Finance

1 Includes brokerage assets under care.

2 Non-GAAP financial measure which management believes facilitates a better understanding of the

Company's financial condition. See Appendix for Non-GAAP reconciliation.

key investment highlights

consistent best-in-class earnings

Return on Average Assets1

KRX Top Quartile

1-Year

1.26%

1.22%

81% Percentile Rank

3-Year

1.37%

1.23%

87% Percentile Rank

2Q18-3Q24

1.31%

1.26%

(since merger)

80% Percentile Rank

Source: S&P Capital IQ Pro

consistent better than market earnings growth

Earnings Per Share Growth1

KRX Median2

1-Year

-18%

-17%

49% Percentile Rank

3-Year

-6%

85% Percentile Rank

5-Year

64% Percentile Rank

10-Year

10%

83% Percentile Rank

20-Year

69% Percentile Rank

1 Data as of 3Q34.

2 KRX calculated as the median of the current 50 KRX constituents. Source: S&P Capital IQ Pro

complementary market centric strategies

Loans $3.5B / Deposits $2.6B Loans $1.9B / Deposits $5.9B Loans $4.0B / Deposits $5.5B Loans $2.4B / Deposits $0.3B

Note: Headquarters loan and deposit balances include special assets, loan marks, and other out of market and corporately held balances. Loan balances exclude PPP balances.

key company brands

Diversified financial holding company with comprehensive and innovative solutions for individuals and

businesses

Full suite of

Wealth & asset

Foreign currency

diversified financial

management

advisory, hedge

products for

services for

analytics, and

individuals and

transaction

businesses

processing for

closely held

enterprises

$18.6 Billion

$5.4 Billion

9 Offices

Assets

Assets Under Care

Across the U.S.

$14.3 Billion

$28.8 Million

$56.1 Million

Deposits

LTM Revenue

$354 Million

19.90%

LTM Wealth Advisory

~3,500

Sales

Adjusted MRQ

8,500+

Clients

ROATCE

Relationships

Specialty lender to insurance industry, RIAs, CPAs, indirect auto finance companies, and quick- serve restaurant franchisees

$1.0 Billion

Loans

$250+ Million

LTM Originations

Full-service

equipment financing

company

$1.1 Billion

Leases/Loans

$600+ Million

LTM Originations

4th

Largest Independent

U.S. Equipment

Finance Platform At

Acquisition

High Yielding Portfolio

Specialty lender for

commercial

customers to finance insurance premiums

$202 Million

Loans

$471 Million

LTM Originations

High Yielding and High

Quality Portfolio

Disclaimer

First Financial Bancorp published this content on January 28, 2025, and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on January 28, 2025 at 21:55:15.188.