TITLE

Charge for Ohio's First Financial

AUTHOR(S)
Jackson, Ben
PUB. DATE
February 2006
SOURCE
American Banker;2/2/2006, Vol. 171 Issue 22, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that First Financial Bancorp of Hamilton, Ohio, said Wednesday that it would take a fourth-quarter charge of 10 cents a share as it sells $200 million of investment securities to restructure its balance sheet. The $3.7 billion-asset company said it expects the sale to improve its net interest margin by 30 basis points and improve future earnings per share by up to 5 cents a year.
ACCESSION #
19636803

 

Related Articles

  • Ohio's 1st Financial Says Net Sank 72%. Jackson, Ben // American Banker;2/13/2006, Vol. 171 Issue 29, p4 

    This article reports that First Financial Bancorp of Hamilton, Ohio, reported Friday that fourth-quarter earnings dropped 72% from a year earlier, to $2.8 million. Diluted earnings per share sank 70%, to 7 cents, missing the average of analysts' estimates by 12 cents. The $3.7 billion-asset...

  • First Financial Profit Doubles.  // American Banker;5/3/2010, Vol. 175 Issue 67, p4 

    This article reports that First Financial Bancorp has reported in its first-quarter report that it has nearly doubled its earnings from last year at the same time. First Financial grew dramatically last year and made several acquisitions.

  • First Financial to Post Chargeoff Spike. Barba, Robert // American Banker;12/31/2008, Vol. 173 Issue 250, p20 

    The author reports on the chargeoffs that the company First Financial Bancorp is expected to report regarding its earnings for the fourth quarter of 2008 and for the 2008 fiscal year. Expectations that the company has regarding an increase in nonperforming loans for the fourth quarter of 2008...

  • TD Ameritrade Profit Up, Shares Down.  // American Banker;10/25/2006, Vol. 171 Issue 205, p7 

    This article reports that shares of TD Ameritrade Holding Corp. fell after its earnings missed analysts' expectations. The online brokerage, formed in 2006 when Ameritrade Holding bought TD Waterhouse USA from Toronto-Dominion Bank, announced that net income rose 35.7% from a year earlier, to...

  • Profits Climb at Ala.'s United Security. Mullins, Luke // American Banker;2/15/2006, Vol. 171 Issue 31, p5 

    This article reports that United Security Bancshares Inc. of Thomasville, Ala., said its fourth-quarter earnings fell 15% from a year earlier, to $3.1 million. Earnings for the full year rose 4%, to $13.7 million, the $621 million-asset United Security said Monday. Fourth-quarter noninterest...

  • Area Texas-based banks.  // Fort Worth Business Press;3/7/2005, Vol. 18 Issue 10, p9 

    Provides information on the earnings of several banks in Texas during the fourth quarter of 2004. Bank of Texas in Dallas; Bank of the West in Irving; Colonial Savings in Fort Worth.

  • FirstMerit Earnings Rise 9.9%. Jackson, Ben // American Banker;1/20/2006, Vol. 171 Issue 13, p4 

    This article reports that FirstMerit Corp. of Akron said Thursday that it earned $31.2 million in the fourth quarter, 9.9% more than a year earlier. Diluted earnings per share were 38 cents, up 15.2%. Full-year earnings rose 29.8%, to $134 million; the per-share figure, $1.60, was up 32.2%....

  • Pristine Credit at Chittenden. Reosti, John // American Banker;1/20/2006, Vol. 171 Issue 13, p4 

    This article reports that the $6.5 billion-asset Chittenden Corp. in Burlington, Vt., reported fourth-quarter earnings of $21.8 million, 9% more than in the 2004 quarter. Peter J. Winter, an analyst with Bank of Montreal's Harris Nesbitt Corp., wrote in a research report that credit quality was...

  • New Strategy Hit Corillian Profit. Wade, Will // American Banker;2/13/2006, Vol. 171 Issue 29, p8 

    This article reports that the online banking technology vendor Corillian Corp. said a new sales strategy produced a slight revenue gain but a net loss in the fourth quarter. It lost $39,000, 35% less than in the third quarter; it had earned $3.2 million a year earlier. Revenue of $13.8 million...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics