Form 8-K - Current report

Share Name	Share Symbol	Market	Type
First Financial Bancorp	NASDAQ:FFBC	NASDAQ	Common Stock

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-0.46	-1.77%	25.58	10.27	26.36	26.07	25.57	26.02	306,816	21:30:00

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 24, 2024

FIRST FINANCIAL BANCORP.

(Exact name of registrant as specified in its charter)

Ohio

001-34762

31-1042001

(State or other jurisdiction of
incorporation or organization)

(Commission File Number)

(I.R.S. employer
identification number)

255 East Fifth Street, Suite 800

Cincinnati,

Ohio

45202

(Address of principal executive offices)

(Zip Code)

Registrant's telephone number, including area code: (877) 322-9530

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading symbol

Name of exchange on which registered

Common stock, No par value

FFBC

The NASDAQ Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On October 24, 2024, First Financial Bancorp. (the "Company") issued its earnings press release that included its results of operations and financial condition for the first nine months and third quarter of 2024. A copy of the earnings press release is attached as Exhibit 99.1.

The Company also provided electronic presentation slides that will be used in connection with the earnings conference call. A copy of the electronic presentation slides is included in this Report as Exhibit 99.2 and will be available on the Company's website, www.bankatfirst.com.

The information set forth in this Current Report on Form 8-K (including the information in Exhibits 99.1 and 99.2 attached hereto) is being furnished to the Securities and Exchange Commission and is not deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") , or otherwise subject to the liabilities under the Exchange Act. Such information shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

The following exhibits shall not be deemed to be "filed" for purposes of the Exchange Act:

Exhibit No. Description

99.1 First Financial Bancorp. Press Release dated October 2 4 , 2024

99.2 First Financial Bancorp. presentation materials

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FIRST FINANCIAL BANCORP.


		By: /s/ James M. Anderson
		James M. Anderson
		Executive Vice President and Chief Financial Officer

Date:	October 24, 2024

Exhibit 99.1

First Financial Bancorp Announces Third Quarter 2024

Financial Results and Quarterly Dividend

•Earnings per diluted share of $0.55; $0.67 on an adjusted(1) basis

•Return on average assets of 1.17%; 1.42% on an adjusted(1) basis

•Net interest margin on FTE basis(1) of 4.08%

•Noninterest income of $45.7 million; $58.8 million on an adjusted(1) basis

•Average deposit growth of $166.2 million; 4.9% on an annualized basis

•1.37% ACL ratio to total loans; Net charge-offs 0.25% of total loans

•Tangible book value increased 10.2% from linked quarter to $14.26

•Board of Directors approved quarterly dividend of $0.24

Cincinnati, Ohio - October 24, 2024. First Financial Bancorp. (Nasdaq: FFBC) (“First Financial” or the “Company”) announced financial results for the three and nine months ended September 30, 2024.

For the three months ended September 30, 2024, the Company reported net income of $52.5 million, or $0.55 per diluted common share. These results compare to net income of $60.8 million, or $0.64 per diluted common share, for the second quarter of 2024. For the nine months ended September 30, 2024, First Financial had earnings per diluted share of $1.74 compared to $2.12 for the same period in 2023.

Return on average assets for the third quarter of 2024 was 1.17% while return on average tangible common equity was 16.29%(1). These compare to return on average assets of 1.38% and return on average tangible common equity of 20.57%(1) in the second quarter of 2024.

Third quarter 2024 highlights include:

•Net interest margin of 4.05%, or 4.08% on a fully tax-equivalent basis(1)

◦2 bp decline from second quarter, better than initial expectations

◦Slight increase in cost of deposits offset by favorable shift in funding mix; Asset yields flat compared to prior quarter

•Noninterest income of $45.7 million, or $58.8 million as adjusted(1)

◦Adjustments include:

▪$17.5 million loss on securities; includes $9.7 million of impairment losses and $8.0 million loss on sales from restructuring activities

▪$4.4 million deferred tax gain

◦Strong results from foreign exchange, wealth management, and leasing businesses

•Noninterest expenses of $125.8 million, or $124.7 million as adjusted(1); 1.8% increase from linked quarter

◦Third quarter adjustments(1) include $0.4 million of efficiency related costs and $0.7 million of other costs such as acquisition, severance and branch consolidation costs

◦Increase driven by $1.8 million increase in leasing business expenses and $0.5 million supplemental contribution to the First Financial Foundation

◦Efficiency ratio of 62.5%; 58.2% as adjusted(1)

•Modest loan growth during the quarter

◦Loan balances increased $31.9 million compared to the linked quarter; 1% annualized growth

◦Growth driven by leasing and mortgage

◦Payoffs increased 27% compared to the linked quarter

_________________________________________________________________________________________

(1) Non-GAAP measure. For details on the calculation of these non-GAAP financial measures and a reconciliation to the GAAP financial measure, see the sections titled “Use of Non-GAAP Financial Measures” in this release and “Appendix: Non-GAAP to GAAP Reconciliation” in the accompanying slide presentation.

•Strong average deposit growth during the quarter

◦Average deposits increased $166.2 million, or 4.9% on an annualized basis

◦Growth in money market accounts, retail CDs and brokered CDs offset seasonal decline in public funds and modest declines in noninterest bearing checking and savings accounts

•Total Allowance for Credit Losses of $176.0 million; Total quarterly provision expense of $10.6 million

◦Loans and leases - ACL of $158.8 million; ratio to total loans of 1.37% increased 1 bp from second quarter

◦Unfunded Commitments - ACL of $17.1 million

◦Provision expense driven by net charge offs and slower prepayment rates; Classified assets 1.14% of total assets

◦Annualized net charge-offs were 25 bps of total loans

•Capital ratios stable and strong

◦Total capital ratio increased 11 bps to 14.58%

◦Tier 1 common equity increased 26 bps to 12.04%

◦Tangible common equity of 7.98%(1); 9.34%(1) excluding impact from AOCI

◦Tangible book value per share of $14.26(1); 10.2% increase from linked quarter

Additionally, the board of directors approved a quarterly dividend of $0.24 per common share for the next regularly scheduled dividend, payable on December 16, 2024 to shareholders of record as of December 2, 2024.

Archie Brown, President and CEO, commented on third quarter results, “Third quarter financial results reflect our ongoing commitment to industry leading performance. Adjusted(1) earnings per share were $0.67, which resulted in an adjusted(1) return on assets of 1.42% and an adjusted(1) return on tangible common equity of 19.77%.

We are particularly pleased with our 4.08% net interest margin. With only a 2 bp decline from the second quarter, the margin has proven to be more durable than expected due to high asset yields from Agile, investment portfolio restructuring and moderating funding costs.

Average deposit balances grew 4.9% on an annualized basis, as declines in our low cost products moderated. Consistent with our expectations, loan growth slowed during the third quarter as softer pipelines in the second quarter led to fewer fundings in the current period. Loan growth was also impacted by higher payoffs in our commercial banking and investment commercial real estate portfolios. Loan pipelines strengthened during the third quarter, and we expect higher growth rates as we close out the year.”

Mr. Brown continued, “Third quarter noninterest income was $45.7 million, or $58.8 million on an adjusted(1) basis, with strong earnings from foreign exchange, wealth management and the leasing business. There were several large non-recurring items that impacted noninterest income, including $17.5 million of losses on securities, which included a $9.7 million impairment charge on two bonds secured by skilled nursing homes. While third quarter noninterest income was noisy, noninterest expenses were relatively flat compared to the prior quarter. We remain diligent in managing our expenses, and our workforce efficiency initiative has resulted in the elimination of 120 positions to date, with additional savings expected into 2025.”

Mr. Brown commented on asset quality and capital, “Asset quality was stable for the quarter and our ACL increased to 1.37% of total loans. Additionally, third quarter net charge-offs were 25 bps on an annualized basis and nonperforming assets as a percent of assets increased 1 bp to 36 bps. We are optimistic about asset quality and are confident in our ability to manage the portfolio through the expected interest rate reductions and economic uncertainty in the near-term.

With regard to capital, strong earnings and the decline in interest rates led to significant improvement in tangible book value per share and tangible common equity. Tangible book value per share increased 10% from the linked quarter and over 30% from the same quarter last year to $14.26, while tangible common equity increased 75 basis points from June 30 to 7.98% as of the end of September.”

Mr. Brown concluded, “We are very proud of our financial results in the first nine months of 2024. Overall, the economy remains healthy, and the general easing of interest rates should extend economic growth in the coming periods. We believe we are in a strong position to finish the year on a high note and head into 2025 with continued momentum.”

Full detail of the Company’s third quarter 2024 performance is provided in the accompanying financial statements and slide presentation.

Teleconference / Webcast Information

First Financial’s executive management will host a conference call to discuss the Company’s financial and operating results on Friday, October 25, 2024 at 8:30 a.m. Eastern Time. Members of the public who would like to listen to the conference call should dial (888) 550-5723 (U.S. toll free) or (646) 960-0471 (U.S. local), access code 5048068. The number should be dialed five to ten minutes prior to the start of the conference call. A replay of the conference call will be available beginning one hour after the completion of the live call at (800) 770-2030 (U.S. toll free), (609) 800-9099 (U.S. toll), access code 5048068. The recording will be available until November 8, 2024. The conference call will also be accessible as an audio webcast via the Investor Relations section of the Company’s website at www.bankatfirst.com. The webcast will be archived on the Investor Relations section of the Company’s website for 12 months.

Press Release and Additional Information on Website

This press release as well as supplemental information are available to the public through the Investor Relations section of First Financial's website at www.bankatfirst.com.

Use of Non-GAAP Financial Measures

This earnings release contains GAAP financial measures and Non-GAAP financial measures where management believes it to be helpful in understanding the Company’s results of operations or financial position. Where Non-GAAP financial measures are used, the comparable GAAP financial measures, as well as a reconciliation to the comparable GAAP financial measure, can be found in the section titled “Appendix: Non-GAAP to GAAP Reconciliation” in the accompanying slide presentation.

Forward-Looking Statements

Certain statements contained in this report which are not statements of historical fact constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as ‘‘believes,’’ ‘‘anticipates,’’ “likely,” “expected,” “estimated,” ‘‘intends’’ and other similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. Examples of forward-looking statements include, but are not limited to, statements we make about (i) our future operating or financial performance, including revenues, income or loss and earnings or loss per share, (ii) future common stock dividends, (iii) our capital structure, including future capital levels, (iv) our plans, objectives and strategies, and (v) the assumptions that underlie our forward-looking statements.

As with any forecast or projection, forward-looking statements are subject to inherent uncertainties, risks and changes in circumstances that may cause actual results to differ materially from those set forth in the forward-looking statements. Forward-looking statements are not historical facts but instead express only management’s beliefs regarding future results or events, many of which, by their nature, are inherently uncertain and outside of management’s control. It is possible that actual results and outcomes may differ, possibly materially, from the anticipated results or outcomes indicated in these forward-looking statements. Important factors that could cause actual results to differ materially from those in our forward-looking statements include the following, without limitation:

•economic, market, liquidity, credit, interest rate, operational and technological risks associated with the Company’s business;

•future credit quality and performance, including our expectations regarding future loan losses and our allowance for credit losses

•the effect of and changes in policies and laws or regulatory agencies, including the Dodd-Frank Wall Street Reform and Consumer Protection Act and other legislation and regulation relating to the banking industry;

•Management’s ability to effectively execute its business plans;

•mergers and acquisitions, including costs or difficulties related to the integration of acquired companies;

•the possibility that any of the anticipated benefits of the Company’s acquisitions will not be realized or will not be realized within the expected time period;

•the effect of changes in accounting policies and practices;

•changes in consumer spending, borrowing and saving and changes in unemployment;

•changes in customers’ performance and creditworthiness;

•the costs and effects of litigation and of unexpected or adverse outcomes in such litigation;

•current and future economic and market conditions, including the effects of changes in housing prices, fluctuations in unemployment rates, U.S. fiscal debt, budget and tax matters, geopolitical matters, and any slowdown in global economic growth;

•the adverse impact on the U.S. economy, including the markets in which we operate, of the novel coronavirus, which causes the Coronavirus disease 2019 (“COVID-19”), global pandemic, and the impact on the performance of our loan and lease portfolio, the market value of our investment securities, the availability of sources of funding and the demand for our products;

•our capital and liquidity requirements (including under regulatory capital standards, such as the Basel III capital standards) and our ability to generate capital internally or raise capital on favorable terms;

•financial services reform and other current, pending or future legislation or regulation that could have a negative effect on our revenue and businesses, including the Dodd-Frank Act and other legislation and regulation relating to bank products and services;

•the effect of the current interest rate environment or changes in interest rates or in the level or composition of our assets or liabilities on our net interest income, net interest margin and our mortgage originations, mortgage servicing rights and mortgage loans held for sale;

•the effect of a fall in stock market prices on our brokerage, asset and wealth management businesses;

•a failure in or breach of our operational or security systems or infrastructure, or those of our third-party vendors or other service providers, including as a result of cyber attacks;

•the effect of changes in the level of checking or savings account deposits on our funding costs and net interest margin; and

•our ability to develop and execute effective business plans and strategies.

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.

About First Financial Bancorp.

First Financial Bancorp. is a Cincinnati, Ohio based bank holding company. As of September 30, 2024, the Company had $18.1 billion in assets, $11.6 billion in loans, $13.9 billion in deposits and $2.5 billion in shareholders’ equity. The Company’s subsidiary, First Financial Bank, founded in 1863, provides banking and financial services products through its six lines of business: Commercial, Retail Banking, Investment Commercial Real Estate, Mortgage Banking, Commercial Finance and Wealth Management. These business units provide traditional banking services to business and retail clients. Wealth Management provides wealth planning, portfolio management, trust and estate, brokerage and retirement plan services and had approximately $3.8 billion in assets under management as of September 30, 2024. The Company operated 128 full service banking centers as of September 30, 2024, located in Ohio, Indiana, Kentucky and Illinois, while the Commercial Finance business lends into targeted industry verticals on a nationwide basis. Additional information about the Company, including its products, services and banking locations, is available at www.bankatfirst.com.

Contact Information

Investors/Analysts Media

Jamie Anderson Tim Condron

Chief Financial Officer Director of Corporate Communications

(513) 887-5400 (513) 979-5796

InvestorRelations@bankatfirst.com media@bankatfirst.com

Selected Financial Information

September 30, 2024

(unaudited)


Contents			Page
Consolidated Financial Highlights			2
Consolidated Quarterly Statements of Income			3
Consolidated Quarterly Statements of Income			4-5
Consolidated Statements of Condition			6
Average Consolidated Statements of Condition			7
Net Interest Margin Rate / Volume Analysis			8-9
Credit Quality			10
Capital Adequacy			11


FIRST FINANCIAL BANCORP.
CONSOLIDATED FINANCIAL HIGHLIGHTS
(Dollars in thousands, except per share data)
(Unaudited)

	Three Months Ended,															Nine months ended,
	Sep. 30,			June 30,			Mar. 31,			Dec. 31,			Sep. 30,			Sep. 30,
	2024			2024			2024			2023			2023			2024			2023
RESULTS OF OPERATIONS
Net income	$	52,451		$	60,805		$	50,689		$	56,732		$	63,061		$	163,945		$	199,131
Net earnings per share - basic	$	0.56		$	0.64		$	0.54		$	0.60		$	0.67		$	1.74		$	2.12
Net earnings per share - diluted	$	0.55		$	0.64		$	0.53		$	0.60		$	0.66		$	1.72		$	2.09
Dividends declared per share	$	0.24		$	0.23		$	0.23		$	0.23		$	0.23		$	0.70		$	0.69

KEY FINANCIAL RATIOS
Return on average assets	1.17		%	1.38		%	1.18		%	1.31		%	1.48		%	1.24		%	1.57		%
Return on average shareholders' equity	8.80		%	10.72		%	9.00		%	10.50		%	11.62		%	9.50		%	12.53		%
Return on average tangible shareholders' equity (1)	16.29		%	20.57		%	17.35		%	21.36		%	23.60		%	18.02		%	25.87		%

Net interest margin	4.05		%	4.06		%	4.05		%	4.21		%	4.28		%	4.05		%	4.41		%
Net interest margin (fully tax equivalent) (1)(2)	4.08		%	4.10		%	4.10		%	4.26		%	4.33		%	4.09		%	4.45		%

Ending shareholders' equity as a percent of ending assets	13.50		%	12.81		%	12.99		%	12.94		%	12.49		%	13.50		%	12.49		%
Ending tangible shareholders' equity as a percent of:
Ending tangible assets (1)	7.98		%	7.23		%	7.23		%	7.17		%	6.50		%	7.98		%	6.50		%
Risk-weighted assets (1)	9.87		%	8.95		%	8.80		%	8.81		%	7.88		%	9.87		%	7.88		%

Average shareholders' equity as a percent of average assets	13.28		%	12.87		%	13.09		%	12.52		%	12.70		%	13.08		%	12.53		%
Average tangible shareholders' equity as a percent of average tangible assets (1)	7.64		%	7.15		%	7.25		%	6.57		%	6.69		%	7.35		%	6.49		%

Book value per share	$	25.66		$	24.36		$	23.95		$	23.84		$	22.39		$	25.66		$	22.39
Tangible book value per share (1)	$	14.26		$	12.94		$	12.50		$	12.38		$	10.91		$	14.26		$	10.91

Common equity tier 1 ratio (3)	12.04		%	11.78		%	11.67		%	11.73		%	11.60		%	12.04		%	11.60		%
Tier 1 ratio (3)	12.37		%	12.11		%	12.00		%	12.06		%	11.94		%	12.37		%	11.94		%
Total capital ratio (3)	14.58		%	14.47		%	14.31		%	14.26		%	14.19		%	14.58		%	14.19		%
Leverage ratio (3)	9.93		%	9.73		%	9.75		%	9.70		%	9.59		%	9.93		%	9.59		%

AVERAGE BALANCE SHEET ITEMS
Loans (4)	$	11,534,000		$	11,440,930		$	11,066,184		$	10,751,028		$	10,623,734		$	11,347,720		$	10,504,431

Investment securities	3,274,498			3,131,541			3,137,665			3,184,408			3,394,237			3,181,575			3,529,119
Interest-bearing deposits with other banks	483,880			599,348			553,654			548,153			386,173			545,402			344,844
Total earning assets	$	15,292,378		$	15,171,819		$	14,757,503		$	14,483,589		$	14,404,144		$	15,074,697		$	14,378,394
Total assets	$	17,854,191		$	17,728,251		$	17,306,221		$	17,124,955		$	16,951,389		$	17,630,374		$	16,954,178
Noninterest-bearing deposits	$	3,106,239		$	3,144,198		$	3,169,750		$	3,368,024		$	3,493,305		$	3,139,939		$	3,702,189
Interest-bearing deposits	10,690,265			10,486,068			10,109,416			9,834,819			9,293,860			10,429,538			9,068,783
Total deposits	$	13,796,504		$	13,630,266		$	13,279,166		$	13,202,843		$	12,787,165		$	13,569,477		$	12,770,972
Borrowings	$	1,053,737		$	1,171,246		$	1,139,014		$	1,083,954		$	1,403,071		$	1,121,086		$	1,453,588
Shareholders' equity	$	2,371,125		$	2,281,040		$	2,265,562		$	2,144,482		$	2,153,601		$	2,306,147		$	2,124,787

CREDIT QUALITY RATIOS
Allowance to ending loans	1.37		%	1.36		%	1.29		%	1.29		%	1.36		%	1.37		%	1.36		%
Allowance to nonaccrual loans	242.72		%	249.21		%	243.55		%	215.10		%	193.75		%	242.72		%	193.75		%


Nonaccrual loans to total loans	0.57		%	0.54		%	0.53		%	0.60		%	0.70		%	0.57		%	0.70		%
Nonperforming assets to ending loans, plus OREO	0.57		%	0.54		%	0.53		%	0.60		%	0.71		%	0.57		%	0.71		%
Nonperforming assets to total assets	0.36		%	0.35		%	0.34		%	0.38		%	0.44		%	0.36		%	0.44		%
Classified assets to total assets	1.14		%	1.07		%	0.92		%	0.80		%	0.82		%	1.14		%	0.82		%
Net charge-offs to average loans (annualized)	0.25		%	0.15		%	0.38		%	0.46		%	0.61		%	0.26		%	0.28		%

(2) The tax equivalent adjustment to net interest income recognizes the income tax savings when comparing taxable and tax-exempt assets and assumes a 21% tax rate. Management believes that it is a standard practice in the banking industry to present net interest margin and net interest income on a fully tax equivalent basis. Therefore, management believes these measures provide useful information to investors by allowing them to make peer comparisons. Management also uses these measures to make peer comparisons.

(3) September 30, 2024 regulatory capital ratios are preliminary.

(4) Includes loans held for sale.


FIRST FINANCIAL BANCORP.
CONSOLIDATED STATEMENTS OF INCOME
(Dollars in thousands, except per share data)
(Unaudited)

	Three months ended,								Nine months ended,
	Sep. 30,								Sep. 30,
	2024			2023			% Change		2024			2023			% Change
Interest income
Loans and leases, including fees	$	215,433		$	192,261		12.1	%	$	629,033		$	546,354		15.1	%
Investment securities
Taxable	32,367			31,297			3.4	%	90,958			95,226			(4.5)	%
Tax-exempt	2,616			3,522			(25.7)	%	8,412			10,499			(19.9)	%
Total investment securities interest	34,983			34,819			0.5	%	99,370			105,725			(6.0)	%
Other earning assets	6,703			5,011			33.8	%	22,121			12,488			77.1	%
Total interest income	257,119			232,091			10.8	%	750,524			664,567			12.9	%

Interest expense
Deposits	86,554			57,069			51.7	%	245,651			132,817			85.0	%
Short-term borrowings	9,932			14,615			(32.0)	%	32,270			43,101			(25.1)	%
Long-term borrowings	5,073			4,952			2.4	%	14,992			14,644			2.4	%
Total interest expense	101,559			76,636			32.5	%	292,913			190,562			53.7	%
Net interest income	155,560			155,455			0.1	%	457,611			474,005			(3.5)	%
Provision for credit losses-loans and leases	9,930			12,907			(23.1)	%	39,506			34,270			15.3	%
Provision for credit losses-unfunded commitments	694			(1,234)			(156.2)	%	(1,279)			(1,393)			(8.2)	%
Net interest income after provision for credit losses	144,936			143,782			0.8	%	419,384			441,128			(4.9)	%

Noninterest income
Service charges on deposit accounts	7,547			6,957			8.5	%	21,647			20,443			5.9	%
Wealth management fees	6,910			6,943			(0.5)	%	20,758			19,990			3.8	%
Bankcard income	3,698			3,406			8.6	%	10,740			10,690			0.5	%
Client derivative fees	1,160			1,612			(28.0)	%	3,173			4,444			(28.6)	%
Foreign exchange income	12,048			13,384			(10.0)	%	39,270			45,321			(13.4)	%
Leasing business income	16,811			14,537			15.6	%	48,228			38,466			25.4	%
Net gains from sales of loans	5,021			4,086			22.9	%	13,284			10,260			29.5	%
Net gain (loss) on investment securities	(17,468)			(58)			N/M		(22,719)			(403)			N/M



Other	9,974			5,761			73.1	%	19,333			16,218			19.2	%
Total noninterest income	45,701			56,628			(19.3)	%	153,714			165,429			(7.1)	%

Noninterest expenses
Salaries and employee benefits	74,813			75,641			(1.1)	%	224,075			222,094			0.9	%

Net occupancy	5,919			5,809			1.9	%	17,635			17,100			3.1	%
Furniture and equipment	3,617			3,341			8.3	%	10,951			10,020			9.3	%
Data processing	8,857			8,473			4.5	%	26,039			27,364			(4.8)	%
Marketing	2,255			2,598			(13.2)	%	6,822			7,560			(9.8)	%
Communication	851			744			14.4	%	2,462			2,022			21.8	%
Professional services	2,303			2,524			(8.8)	%	7,456			6,778			10.0	%

State intangible tax	876			981			(10.7)	%	2,628			2,930			(10.3)	%
FDIC assessments	3,036			2,665			13.9	%	8,473			8,297			2.1	%
Intangible amortization	2,395			2,600			(7.9)	%	7,092			7,801			(9.1)	%
Leasing business expense	11,899			8,877			34.0	%	31,781			23,545			35.0	%
Other	8,938			7,791			14.7	%	26,274			23,841			10.2	%
Total noninterest expenses	125,759			122,044			3.0	%	371,688			359,352			3.4	%
Income before income taxes	64,878			78,366			(17.2)	%	201,410			247,205			(18.5)	%
Income tax expense (benefit)	12,427			15,305			(18.8)	%	37,465			48,074			(22.1)	%
Net income	$	52,451		$	63,061		(16.8)	%	$	163,945		$	199,131		(17.7)	%

ADDITIONAL DATA
Net earnings per share - basic	$	0.56		$	0.67				$	1.74		$	2.12
Net earnings per share - diluted	$	0.55		$	0.66				$	1.72		$	2.09
Dividends declared per share	$	0.24		$	0.23				$	0.70		$	0.69

Return on average assets	1.17		%	1.48		%			1.24		%	1.57		%
Return on average shareholders' equity	8.80		%	11.62		%			9.50		%	12.53		%

Interest income	$	257,119		$	232,091		10.8	%	$	750,524		$	664,567		12.9	%
Tax equivalent adjustment	1,362			1,659			(17.9)	%	4,315			4,684			(7.9)	%
Interest income - tax equivalent	258,481			233,750			10.6	%	754,839			669,251			12.8	%
Interest expense	101,559			76,636			32.5	%	292,913			190,562			53.7	%
Net interest income - tax equivalent	$	156,922		$	157,114		(0.1)	%	$	461,926		$	478,689		(3.5)	%

Net interest margin	4.05		%	4.28		%			4.05		%	4.41		%
Net interest margin (fully tax equivalent) (1)	4.08		%	4.33		%			4.09		%	4.45		%

Full-time equivalent employees	2,084			2,121

(1) The tax equivalent adjustment to net interest income recognizes the income tax savings when comparing taxable and tax-exempt assets and assumes a 21% tax rate. Management believes that it is a standard practice in the banking industry to present net interest income on a fully tax equivalent basis. Therefore, management believes these measures provide useful information to investors by allowing them to make peer comparisons. Management also uses these measures to make peer comparisons.


FIRST FINANCIAL BANCORP.
CONSOLIDATED QUARTERLY STATEMENTS OF INCOME
(Dollars in thousands, except per share data)
(Unaudited)

	2024
	Third			Second			First			Year to			% Change
	Quarter			Quarter			Quarter			Date			Linked Qtr.
Interest income
Loans and leases, including fees	$	215,433		$	211,760		$	201,840		$	629,033		1.7	%
Investment securities
Taxable	32,367			30,295			28,296			90,958			6.8	%
Tax-exempt	2,616			2,704			3,092			8,412			(3.3)	%
Total investment securities interest	34,983			32,999			31,388			99,370			6.0	%
Other earning assets	6,703			7,960			7,458			22,121			(15.8)	%
Total interest income	257,119			252,719			240,686			750,524			1.7	%

Interest expense
Deposits	86,554			83,022			76,075			245,651			4.3	%
Short-term borrowings	9,932			11,395			10,943			32,270			(12.8)	%
Long-term borrowings	5,073			4,991			4,928			14,992			1.6	%
Total interest expense	101,559			99,408			91,946			292,913			2.2	%
Net interest income	155,560			153,311			148,740			457,611			1.5	%
Provision for credit losses-loans and leases	9,930			16,157			13,419			39,506			(38.5)	%
Provision for credit losses-unfunded commitments	694			286			(2,259)			(1,279)			142.7	%
Net interest income after provision for credit losses	144,936			136,868			137,580			419,384			5.9	%

Noninterest income
Service charges on deposit accounts	7,547			7,188			6,912			21,647			5.0	%
Wealth management fees	6,910			7,172			6,676			20,758			(3.7)	%
Bankcard income	3,698			3,900			3,142			10,740			(5.2)	%
Client derivative fees	1,160			763			1,250			3,173			52.0	%
Foreign exchange income	12,048			16,787			10,435			39,270			(28.2)	%
Leasing business income	16,811			16,828			14,589			48,228			(0.1)	%
Net gains from sales of loans	5,021			4,479			3,784			13,284			12.1	%
Net gain (loss) on investment securities	(17,468)			(64)			(5,187)			(22,719)			N/M

Other	9,974			4,448			4,911			19,333			124.2	%
Total noninterest income	45,701			61,501			46,512			153,714			(25.7)	%

Noninterest expenses
Salaries and employee benefits	74,813			75,225			74,037			224,075			(0.5)	%
Net occupancy	5,919			5,793			5,923			17,635			2.2	%
Furniture and equipment	3,617			3,646			3,688			10,951			(0.8)	%
Data processing	8,857			8,877			8,305			26,039			(0.2)	%
Marketing	2,255			2,605			1,962			6,822			(13.4)	%
Communication	851			816			795			2,462			4.3	%
Professional services	2,303			2,885			2,268			7,456			(20.2)	%
State intangible tax	876			875			877			2,628			0.1	%
FDIC assessments	3,036			2,657			2,780			8,473			14.3	%
Intangible amortization	2,395			2,396			2,301			7,092			0.0	%
Leasing business expense	11,899			10,128			9,754			31,781			17.5	%
Other	8,938			7,671			9,665			26,274			16.5	%
Total noninterest expenses	125,759			123,574			122,355			371,688			1.8	%
Income before income taxes	64,878			74,795			61,737			201,410			(13.3)	%
Income tax expense (benefit)	12,427			13,990			11,048			37,465			(11.2)	%
Net income	$	52,451		$	60,805		$	50,689		$	163,945		(13.7)	%

ADDITIONAL DATA
Net earnings per share - basic	$	0.56		$	0.64		$	0.54		$	1.74
Net earnings per share - diluted	$	0.55		$	0.64		$	0.53		$	1.72
Dividends declared per share	$	0.24		$	0.23		$	0.23		$	0.70

Return on average assets	1.17		%	1.38		%	1.18		%	1.24		%
Return on average shareholders' equity	8.80		%	10.72		%	9.00		%	9.50		%

Interest income	$	257,119		$	252,719		$	240,686		$	750,524		1.7	%
Tax equivalent adjustment	1,362			1,418			1,535			4,315			(3.9)	%
Interest income - tax equivalent	258,481			254,137			242,221			754,839			1.7	%
Interest expense	101,559			99,408			91,946			292,913			2.2	%
Net interest income - tax equivalent	$	156,922		$	154,729		$	150,275		$	461,926		1.4	%

Net interest margin	4.05		%	4.06		%	4.05		%	4.05		%
Net interest margin (fully tax equivalent) (1)	4.08		%	4.10		%	4.10		%	4.09		%

Full-time equivalent employees	2,084			2,144			2,116

(1) The tax equivalent adjustment to net interest income recognizes the income tax savings when comparing taxable and tax-exempt assets and assumes a 21% tax rate. Management believes that it is a standard practice in the banking industry to present net interest income on a fully tax equivalent basis. Therefore, management believes these measures provide useful information to investors by allowing them to make peer comparisons. Management also uses these measures to make peer comparisons.


FIRST FINANCIAL BANCORP.
CONSOLIDATED QUARTERLY STATEMENTS OF INCOME
(Dollars in thousands, except per share data)
(Unaudited)

	2023
	Fourth			Third			Second			First			Full
	Quarter			Quarter			Quarter			Quarter			Year
Interest income
Loans and leases, including fees	$	197,416		$	192,261		$	184,387		$	169,706		$	743,770
Investment securities
Taxable	30,294			31,297			32,062			31,867			125,520
Tax-exempt	3,402			3,522			3,513			3,464			13,901
Total investment securities interest	33,696			34,819			35,575			35,331			139,421
Other earning assets	7,325			5,011			3,933			3,544			19,813
Total interest income	238,437			232,091			223,895			208,581			903,004

Interest expense
Deposits	69,193			57,069			44,292			31,456			202,010
Short-term borrowings	10,277			14,615			15,536			12,950			53,378
Long-term borrowings	5,202			4,952			4,835			4,857			19,846
Total interest expense	84,672			76,636			64,663			49,263			275,234
Net interest income	153,765			155,455			159,232			159,318			627,770
Provision for credit losses-loans and leases	8,804			12,907			12,719			8,644			43,074
Provision for credit losses-unfunded commitments	1,426			(1,234)			(1,994)			1,835			33
Net interest income after provision for credit losses	143,535			143,782			148,507			148,839			584,663

Noninterest income
Service charges on deposit accounts	6,846			6,957			6,972			6,514			27,289
Wealth management fees	6,091			6,943			6,713			6,334			26,081
Bankcard income	3,349			3,406			3,692			3,592			14,039
Client derivative fees	711			1,612			1,827			1,005			5,155
Foreign exchange income	8,730			13,384			15,039			16,898			54,051
Leasing business income	12,856			14,537			10,265			13,664			51,322
Net gains from sales of loans	2,957			4,086			3,839			2,335			13,217
Net gain (loss) on investment securities	(649)			(58)			(466)			121			(1,052)

Other	6,102			5,761			5,377			5,080			22,320
Total noninterest income	46,993			56,628			53,258			55,543			212,422

Noninterest expenses
Salaries and employee benefits	70,637			75,641			74,199			72,254			292,731
Net occupancy	5,890			5,809			5,606			5,685			22,990
Furniture and equipment	3,523			3,341			3,362			3,317			13,543
Data processing	8,488			8,473			9,871			9,020			35,852
Marketing	2,087			2,598			2,802			2,160			9,647
Communication	707			744			644			634			2,729
Professional services	3,148			2,524			2,308			1,946			9,926
State intangible tax	984			981			964			985			3,914
FDIC assessments	3,651			2,665			2,806			2,826			11,948
Intangible amortization	2,601			2,600			2,601			2,600			10,402
Leasing business expense	8,955			8,877			6,730			7,938			32,500
Other	8,466			7,791			8,722			7,328			32,307
Total noninterest expenses	119,137			122,044			120,615			116,693			478,489
Income before income taxes	71,391			78,366			81,150			87,689			318,596
Income tax expense (benefit)	14,659			15,305			15,483			17,286			62,733
Net income	$	56,732		$	63,061		$	65,667		$	70,403		$	255,863

ADDITIONAL DATA
Net earnings per share - basic	$	0.60		$	0.67		$	0.70		$	0.75		$	2.72
Net earnings per share - diluted	$	0.60		$	0.66		$	0.69		$	0.74		$	2.69
Dividends declared per share	$	0.23		$	0.23		$	0.23		$	0.23		$	0.92

Return on average assets	1.31		%	1.48		%	1.55		%	1.69		%	1.51		%
Return on average shareholders' equity	10.50		%	11.62		%	12.32		%	13.71		%	12.01		%

Interest income	$	238,437		$	232,091		$	223,895		$	208,581		$	903,004
Tax equivalent adjustment	1,672			1,659			1,601			1,424			6,356
Interest income - tax equivalent	240,109			233,750			225,496			210,005			909,360
Interest expense	84,672			76,636			64,663			49,263			275,234
Net interest income - tax equivalent	$	155,437		$	157,114		$	160,833		$	160,742		$	634,126

Net interest margin	4.21		%	4.28		%	4.43		%	4.51		%	4.36		%
Net interest margin (fully tax equivalent) (1)	4.26		%	4.33		%	4.48		%	4.55		%	4.40		%

Full-time equivalent employees	2,129			2,121			2,193			2,066

(1) The tax equivalent adjustment to net interest income recognizes the income tax savings when comparing taxable and tax-exempt assets and assumes a 21% tax rate. Management believes that it is a standard practice in the banking industry to present net interest income on a fully tax equivalent basis. Therefore, management believes these measures provide useful information to investors by allowing them to make peer comparisons. Management also uses these measures to make peer comparisons.


FIRST FINANCIAL BANCORP.
CONSOLIDATED STATEMENTS OF CONDITION
(Dollars in thousands)
(Unaudited)

	Sep. 30,		June 30,		Mar. 31,		Dec. 31,		Sep. 30,		% Change		% Change
	2024		2024		2024		2023		2023		Linked Qtr.		Comp Qtr.
ASSETS
Cash and due from banks	$	190,618	$	193,794	$	199,407	$	213,059	$	220,335	(1.6)	%	(13.5)	%
Interest-bearing deposits with other banks	660,576		738,555		751,290		792,960		452,867		(10.6)	%	45.9	%
Investment securities available-for-sale	3,157,265		3,036,758		2,850,667		3,021,126		3,044,361		4.0	%	3.7	%
Investment securities held-to-maturity	77,985		78,921		79,542		80,321		81,236		(1.2)	%	(4.0)	%
Other investments	120,318		132,412		125,548		129,945		133,725		(9.1)	%	(10.0)	%
Loans held for sale	12,685		16,911		11,534		9,213		12,391		(25.0)	%	2.4	%
Loans and leases
Commercial and industrial	3,678,546		3,782,487		3,591,428		3,501,221		3,420,873		(2.7)	%	7.5	%
Lease financing	587,415		534,557		492,862		474,817		399,973		9.9	%	46.9	%
Construction real estate	802,264		741,406		641,596		564,832		578,824		8.2	%	38.6	%
Commercial real estate	4,034,820		4,076,596		4,145,969		4,080,939		3,992,654		(1.0)	%	1.1	%
Residential real estate	1,422,186		1,377,290		1,344,677		1,333,674		1,293,470		3.3	%	10.0	%
Home equity	825,431		800,860		773,811		758,676		743,991		3.1	%	10.9	%
Installment	141,270		148,530		153,838		159,078		160,648		(4.9)	%	(12.1)	%
Credit card	61,140		59,477		60,939		59,939		56,386		2.8	%	8.4	%
Total loans	11,553,072		11,521,203		11,205,120		10,933,176		10,646,819		0.3	%	8.5	%
Less:
Allowance for credit losses	(158,831)		(156,185)		(144,274)		(141,433)		(145,201)		1.7	%	9.4	%
Net loans	11,394,241		11,365,018		11,060,846		10,791,743		10,501,618		0.3	%	8.5	%
Premises and equipment	196,692		197,873		198,428		194,740		192,572		(0.6)	%	2.1	%
Operating leases	201,080		167,472		161,473		153,214		136,883		20.1	%	46.9	%
Goodwill	1,007,656		1,007,656		1,007,656		1,005,868		1,005,868		0.0	%	0.2	%
Other intangibles	81,547		83,528		85,603		83,949		86,378		(2.4)	%	(5.6)	%

Accrued interest and other assets	1,045,669		1,147,282		1,067,244		1,056,762		1,186,618		(8.9)	%	(11.9)	%
Total Assets	$	18,146,332	$	18,166,180	$	17,599,238	$	17,532,900	$	17,054,852	(0.1)	%	6.4	%

LIABILITIES
Deposits
Interest-bearing demand	$	2,884,971	$	2,922,540	$	2,916,518	$	2,993,219	$	2,880,617	(1.3)	%	0.2	%
Savings	4,710,223		4,628,320		4,467,894		4,331,228		4,023,455		1.8	%	17.1	%
Time	3,244,861		3,049,635		2,896,860		2,718,390		2,572,909		6.4	%	26.1	%
Total interest-bearing deposits	10,840,055		10,600,495		10,281,272		10,042,837		9,476,981		2.3	%	14.4	%
Noninterest-bearing	3,107,699		3,061,427		3,175,876		3,317,960		3,438,572		1.5	%	(9.6)	%
Total deposits	13,947,754		13,661,922		13,457,148		13,360,797		12,915,553		2.1	%	8.0	%


FHLB short-term borrowings	765,000		1,040,000		700,000		800,000		755,000		(26.4)	%	1.3	%
Other	46,653		139,172		162,145		137,814		219,188		(66.5)	%	(78.7)	%
Total short-term borrowings	811,653		1,179,172		862,145		937,814		974,188		(31.2)	%	(16.7)	%
Long-term debt	344,086		338,556		343,236		344,115		340,902		1.6	%	0.9	%
Total borrowed funds	1,155,739		1,517,728		1,205,381		1,281,929		1,315,090		(23.9)	%	(12.1)	%
Accrued interest and other liabilities	592,401		660,091		649,706		622,200		694,700		(10.3)	%	(14.7)	%
Total Liabilities	15,695,894		15,839,741		15,312,235		15,264,926		14,925,343		(0.9)	%	5.2	%

SHAREHOLDERS' EQUITY
Common stock	1,639,045		1,635,705		1,632,971		1,638,972		1,636,054		0.2	%	0.2	%
Retained earnings	1,234,375		1,204,844		1,166,065		1,136,718		1,101,905		2.5	%	12.0	%
Accumulated other comprehensive income (loss)	(232,262)		(323,409)		(321,109)		(309,819)		(410,005)		(28.2)	%	(43.4)	%
Treasury stock, at cost	(190,720)		(190,701)		(190,924)		(197,897)		(198,445)		0.0	%	(3.9)	%
Total Shareholders' Equity	2,450,438		2,326,439		2,287,003		2,267,974		2,129,509		5.3	%	15.1	%
Total Liabilities and Shareholders' Equity	$	18,146,332	$	18,166,180	$	17,599,238	$	17,532,900	$	17,054,852	(0.1)	%	6.4	%


FIRST FINANCIAL BANCORP.
AVERAGE CONSOLIDATED STATEMENTS OF CONDITION
(Dollars in thousands)
(Unaudited)

	Quarterly Averages										Year-to-Date Averages
	Sep. 30,		June 30,		Mar. 31,		Dec. 31,		Sep. 30,		Sep. 30,
	2024		2024		2024		2023		2023		2024		2023
ASSETS
Cash and due from banks	$	179,321	$	174,435	$	204,119	$	214,678	$	211,670	$	185,934	$	217,281

Interest-bearing deposits with other banks	483,880		599,348		553,654		548,153		386,173		545,402		344,844
Investment securities	3,274,498		3,131,541		3,137,665		3,184,408		3,394,237		3,181,575		3,529,119
Loans held for sale	16,399		14,075		12,069		12,547		15,420		14,189		10,972
Loans and leases
Commercial and industrial	3,723,761		3,716,083		3,543,475		3,422,381		3,443,615		3,661,335		3,456,612
Lease financing	550,634		509,758		480,540		419,179		371,598		513,779		316,316
Construction real estate	763,779		683,780		603,974		540,314		547,884		684,136		534,165
Commercial real estate	4,059,939		4,146,764		4,101,238		4,060,733		4,024,798		4,102,491		4,030,950
Residential real estate	1,399,932		1,361,133		1,336,749		1,320,670		1,260,249		1,366,062		1,186,259
Home equity	811,265		790,384		765,410		750,925		735,251		789,101		729,949
Installment	143,102		151,753		157,663		160,242		164,092		150,811		180,571
Credit card	65,189		67,200		65,066		64,037		60,827		65,816		58,637
Total loans	11,517,601		11,426,855		11,054,115		10,738,481		10,608,314		11,333,531		10,493,459
Less:
Allowance for credit losses	(159,252)		(147,666)		(143,950)		(149,398)		(150,297)		(150,322)		(144,149)
Net loans	11,358,349		11,279,189		10,910,165		10,589,083		10,458,017		11,183,209		10,349,310
Premises and equipment	197,881		199,096		198,482		194,435		194,228		198,484		191,733
Operating leases	180,118		156,457		154,655		139,331		132,984		163,803		126,362
Goodwill	1,007,654		1,007,657		1,006,477		1,005,870		1,005,844		1,007,264		1,005,783
Other intangibles	82,619		84,577		84,109		85,101		87,427		83,764		89,945

Accrued interest and other assets	1,073,472		1,081,876		1,044,826		1,151,349		1,065,389		1,066,750		1,088,829
Total Assets	$	17,854,191	$	17,728,251	$	17,306,221	$	17,124,955	$	16,951,389	$	17,630,374	$	16,954,178

LIABILITIES
Deposits
Interest-bearing demand	$	2,914,934	$	2,888,252	$	2,895,768	$	2,988,086	$	2,927,416	$	2,899,707	$	2,913,737
Savings	4,694,923		4,617,658		4,399,768		4,235,658		3,919,590		4,571,236		3,829,802
Time	3,080,408		2,980,158		2,813,880		2,611,075		2,446,854		2,958,595		2,325,244
Total interest-bearing deposits	10,690,265		10,486,068		10,109,416		9,834,819		9,293,860		10,429,538		9,068,783
Noninterest-bearing	3,106,239		3,144,198		3,169,750		3,368,024		3,493,305		3,139,939		3,702,189
Total deposits	13,796,504		13,630,266		13,279,166		13,202,843		12,787,165		13,569,477		12,770,972
Federal funds purchased and securities sold
under agreements to repurchase	10,807		750		4,204		3,586		10,788		5,274		19,626
FHLB short-term borrowings	626,490		669,111		646,187		554,826		878,199		647,187		943,678
Other	76,859		161,913		146,127		185,221		175,682		128,112		149,122
Total short-term borrowings	714,156		831,774		796,518		743,633		1,064,669		780,573		1,112,426
Long-term debt	339,581		339,472		342,496		340,321		338,402		340,513		341,162
Total borrowed funds	1,053,737		1,171,246		1,139,014		1,083,954		1,403,071		1,121,086		1,453,588
Accrued interest and other liabilities	632,825		645,699		622,479		693,676		607,552		633,664		604,831
Total Liabilities	15,483,066		15,447,211		15,040,659		14,980,473		14,797,788		15,324,227		14,829,391

SHAREHOLDERS' EQUITY
Common stock	1,637,045		1,634,183		1,637,835		1,637,197		1,634,102		1,636,357		1,632,912
Retained earnings	1,210,924		1,179,827		1,144,447		1,111,786		1,076,515		1,178,518		1,033,779
Accumulated other comprehensive loss	(285,978)		(341,941)		(319,601)		(406,265)		(358,769)		(315,731)		(342,898)
Treasury stock, at cost	(190,866)		(191,029)		(197,119)		(198,236)		(198,247)		(192,997)		(199,006)
Total Shareholders' Equity	2,371,125		2,281,040		2,265,562		2,144,482		2,153,601		2,306,147		2,124,787
Total Liabilities and Shareholders' Equity	$	17,854,191	$	17,728,251	$	17,306,221	$	17,124,955	$	16,951,389	$	17,630,374	$	16,954,178


FIRST FINANCIAL BANCORP.
NET INTEREST MARGIN RATE/VOLUME ANALYSIS
(Dollars in thousands)
(Unaudited)

	Quarterly Averages																				Year-to-Date Averages
	September 30, 2024						June 30, 2024						September 30, 2023						September 30, 2024	September 30, 2023
	Balance		Interest		Yield		Balance		Interest		Yield		Balance		Interest		Yield				Balance		Yield		Balance		Yield
Earning assets
Investments:
Investment securities	$	3,274,498	$	34,983	4.24	%	$	3,131,541	$	32,999	4.23	%	$	3,394,237	$	34,819	4.07	%			$	3,181,575	4.18	%	$	3,529,119	4.01	%
Interest-bearing deposits with other banks	483,880		6,703		5.50	%	599,348		7,960		5.33	%	386,173		5,011		5.15	%			545,402		5.42	%	344,844		4.84	%
Gross loans (1)	11,534,000		215,433		7.41	%	11,440,930		211,760		7.42	%	10,623,734		192,261		7.18	%			11,347,720		7.41	%	10,504,431		6.95	%
Total earning assets	15,292,378		257,119		6.67	%	15,171,819		252,719		6.68	%	14,404,144		232,091		6.39	%			15,074,697		6.66	%	14,378,394		6.18	%

Nonearning assets
Allowance for credit losses	(159,252)						(147,666)						(150,297)								(150,322)				(144,149)
Cash and due from banks	179,321						174,435						211,670								185,934				217,281
Accrued interest and other assets	2,541,744						2,529,663						2,485,872								2,520,065				2,502,652
Total assets	$	17,854,191					$	17,728,251					$	16,951,389							$	17,630,374			$	16,954,178

Interest-bearing liabilities
Deposits:
Interest-bearing demand	$	2,914,934	$	15,919	2.17	%	$	2,888,252	$	14,923	2.07	%	$	2,927,416	$	12,953	1.76	%			$	2,899,707	2.11	%	$	2,913,737	1.28	%
Savings	4,694,923		34,220		2.89	%	4,617,658		33,142		2.88	%	3,919,590		19,853		2.01	%			4,571,236		2.83	%	3,829,802		1.45	%
Time	3,080,408		36,415		4.69	%	2,980,158		34,957		4.70	%	2,446,854		24,263		3.93	%			2,958,595		4.66	%	2,325,244		3.64	%
Total interest-bearing deposits	10,690,265		86,554		3.21	%	10,486,068		83,022		3.18	%	9,293,860		57,069		2.44	%			10,429,538		3.15	%	9,068,783		1.96	%
Borrowed funds
Short-term borrowings	714,156		9,932		5.52	%	831,774		11,395		5.49	%	1,064,669		14,615		5.45	%			780,573		5.53	%	1,112,426		5.18	%
Long-term debt	339,581		5,073		5.93	%	339,472		4,991		5.90	%	338,402		4,952		5.81	%			340,513		5.89	%	341,162		5.74	%
Total borrowed funds	1,053,737		15,005		5.65	%	1,171,246		16,386		5.61	%	1,403,071		19,567		5.53	%			1,121,086		5.64	%	1,453,588		5.31	%
Total interest-bearing liabilities	11,744,002		101,559		3.43	%	11,657,314		99,408		3.42	%	10,696,931		76,636		2.84	%			11,550,624		3.39	%	10,522,371		2.42	%

Noninterest-bearing liabilities
Noninterest-bearing demand deposits	3,106,239						3,144,198						3,493,305								3,139,939				3,702,189
Other liabilities	632,825						645,699						607,552								633,664				604,831
Shareholders' equity	2,371,125						2,281,040						2,153,601								2,306,147				2,124,787
Total liabilities & shareholders' equity	$	17,854,191					$	17,728,251					$	16,951,389							$	17,630,374			$	16,954,178

Net interest income	$	155,560					$	153,311					$	155,455							$	457,611			$	474,005
Net interest spread					3.24	%					3.26	%					3.55	%					3.27	%			3.76	%
Net interest margin					4.05	%					4.06	%					4.28	%					4.05	%			4.41	%

Tax equivalent adjustment					0.03	%					0.04	%					0.05	%					0.04	%			0.04	%
Net interest margin (fully tax equivalent)					4.08	%					4.10	%					4.33	%					4.09	%			4.45	%


(1) Loans held for sale and nonaccrual loans are included in gross loans.


FIRST FINANCIAL BANCORP.
NET INTEREST MARGIN RATE/VOLUME ANALYSIS (1)
(Dollars in thousands)
(Unaudited)


	Linked Qtr. Income Variance						Comparable Qtr. Income Variance							Year-to-Date Income Variance
	Rate		Volume		Total			Rate		Volume		Total			Rate		Volume		Total
Earning assets
Investment securities	$	93	$	1,891	$	1,984		$	1,443	$	(1,279)	$	164		$	4,500	$	(10,855)	$	(6,355)
Interest-bearing deposits with other banks	252		(1,509)		(1,257)			339		1,353		1,692			1,499		8,134		9,633
Gross loans (2)	(388)		4,061		3,673			6,170		17,002		23,172			35,933		46,746		82,679
Total earning assets	(43)		4,443		4,400			7,952		17,076		25,028			41,932		44,025		85,957

Interest-bearing liabilities
Total interest-bearing deposits	$	956	$	2,576	$	3,532		$	18,179	$	11,306	$	29,485		$	80,784	$	32,050	$	112,834
Borrowed funds
Short-term borrowings	47		(1,510)		(1,463)			192		(4,875)		(4,683)			2,888		(13,719)		(10,831)
Long-term debt	25		57		82			103		18		121			377		(29)		348
Total borrowed funds	72		(1,453)		(1,381)			295		(4,857)		(4,562)			3,265		(13,748)		(10,483)
Total interest-bearing liabilities	1,028		1,123		2,151			18,474		6,449		24,923			84,049		18,302		102,351
Net interest income (1)	$	(1,071)	$	3,320	$	2,249		$	(10,522)	$	10,627	$	105		$	(42,117)	$	25,723	$	(16,394)


(1) Not tax equivalent.
(2) Loans held for sale and nonaccrual loans are included in gross loans.


FIRST FINANCIAL BANCORP.
CREDIT QUALITY
(Dollars in thousands)
(Unaudited)
																Nine months ended,
	Sep. 30,			June 30,			Mar. 31,			Dec. 31,			Sep. 30,			Sep. 30,			Sep. 30,
	2024			2024			2024			2023			2023			2024			2023
ALLOWANCE FOR CREDIT LOSS ACTIVITY
Balance at beginning of period	$	156,185		$	144,274		$	141,433		$	145,201		$	148,646		$	141,433		$	132,977

Provision for credit losses	9,930			16,157			13,419			8,804			12,907			39,506			34,270
Gross charge-offs
Commercial and industrial	5,471			2,149			2,695			6,866			9,207			10,315			12,309
Lease financing	368			190			3			4,244			76			561			179
Construction real estate	0			0			0			0			0			0			0
Commercial real estate	261			2			5,319			1			6,008			5,582			8,722
Residential real estate	60			6			65			9			10			131			30
Home equity	90			122			25			174			54			237			166
Installment	1,510			2,034			2,236			2,054			1,349			5,780			4,388
Credit card	768			532			794			363			319			2,094			810
Total gross charge-offs	8,528			5,035			11,137			13,711			17,023			24,700			26,604
Recoveries
Commercial and industrial	434			236			162			459			335			832			1,075
Lease financing	11			1			59			52			1			71			3
Construction real estate	0			0			0			0			0			0			0
Commercial real estate	25			137			38			93			39			200			2,430
Residential real estate	22			37			24			24			44			83			223
Home equity	240			118			80			178			125			438			437
Installment	421			219			145			210			87			785			231
Credit card	91			41			51			123			40			183			159
Total recoveries	1,244			789			559			1,139			671			2,592			4,558
Total net charge-offs	7,284			4,246			10,578			12,572			16,352			22,108			22,046
Ending allowance for credit losses	$	158,831		$	156,185		$	144,274		$	141,433		$	145,201		$	158,831		$	145,201

NET CHARGE-OFFS TO AVERAGE LOANS AND LEASES (ANNUALIZED)
Commercial and industrial	0.54		%	0.21		%	0.29		%	0.74		%	1.02		%	0.35		%	0.43		%
Lease financing	0.26		%	0.15		%	(0.05)		%	3.97		%	0.08		%	0.13		%	0.07		%
Construction real estate	0.00		%	0.00		%	0.00		%	0.00		%	0.00		%	0.00		%	0.00		%
Commercial real estate	0.02		%	(0.01)		%	0.52		%	(0.01)		%	0.59		%	0.18		%	0.21		%
Residential real estate	0.01		%	(0.01)		%	0.01		%	0.00		%	(0.01)		%	0.00		%	(0.02)		%
Home equity	(0.07)		%	0.00		%	(0.03)		%	0.00		%	(0.04)		%	(0.03)		%	(0.05)		%
Installment	3.03		%	4.81		%	5.33		%	4.57		%	3.05		%	4.42		%	3.08		%
Credit card	4.13		%	2.94		%	4.59		%	1.49		%	1.82		%	3.88		%	1.48		%

Total net charge-offs	0.25		%	0.15		%	0.38		%	0.46		%	0.61		%	0.26		%	0.28		%

COMPONENTS OF NONACCRUAL LOANS, NONPERFORMING ASSETS, AND UNDERPERFORMING ASSETS
Nonaccrual loans
Commercial and industrial	$	10,703		$	17,665		$	14,532		$	15,746		$	17,152		$	10,703		$	17,152
Lease financing	11,632			5,374			3,794			3,610			7,731			11,632			7,731
Construction real estate	0			0			0			0			0			0			0
Commercial real estate	23,608			22,942			23,055			27,984			33,019			23,608			33,019
Residential real estate	14,596			12,715			12,836			14,067			12,328			14,596			12,328
Home equity	4,074			3,295			4,036			3,476			3,937			4,074			3,937
Installment	826			682			984			870			774			826			774
Total nonaccrual loans	65,439			62,673			59,237			65,753			74,941			65,439			74,941


Other real estate owned (OREO)	30			30			161			106			142			30			142
Total nonperforming assets	65,469			62,703			59,398			65,859			75,083			65,469			75,083
Accruing loans past due 90 days or more	463			1,573			820			2,028			698			463			698
Total underperforming assets	$	65,932		$	64,276		$	60,218		$	67,887		$	75,781		$	65,932		$	75,781
Total classified assets	$	206,194		$	195,277		$	162,348		$	140,995		$	140,552		$	206,194		$	140,552

CREDIT QUALITY RATIOS
Allowance for credit losses to
Nonaccrual loans	242.72		%	249.21		%	243.55		%	215.10		%	193.75		%	242.72		%	193.75		%
Total ending loans	1.37		%	1.36		%	1.29		%	1.29		%	1.36		%	1.37		%	1.36		%
Nonaccrual loans to total loans	0.57		%	0.54		%	0.53		%	0.60		%	0.70		%	0.57		%	0.70		%
Nonperforming assets to
Ending loans, plus OREO	0.57		%	0.54		%	0.53		%	0.60		%	0.71		%	0.57		%	0.71		%
Total assets	0.36		%	0.35		%	0.34		%	0.38		%	0.44		%	0.36		%	0.44		%



Classified assets to total assets	1.14		%	1.07		%	0.92		%	0.80		%	0.82		%	1.14		%	0.82		%


FIRST FINANCIAL BANCORP.
CAPITAL ADEQUACY
(Dollars in thousands, except per share data)
(Unaudited)
	Three Months Ended,															Nine months ended,
	Sep. 30,			June 30,			Mar. 31,			Dec. 31,			Sep. 30,			Sep. 30,			Sep. 30,
	2024			2024			2024			2023			2023			2024			2023
PER COMMON SHARE
Market Price
High	$	28.09		$	23.78		$	23.68		$	24.28		$	24.02		$	28.09		$	26.24
Low	$	21.70		$	20.79		$	21.04		$	17.37		$	19.19		$	20.79		$	18.20
Close	$	25.23		$	22.22		$	22.42		$	23.75		$	19.60		$	25.23		$	19.60

Average shares outstanding - basic	94,473,666			94,438,235			94,218,067			94,063,570			94,030,275			94,377,010			93,896,716
Average shares outstanding - diluted	95,479,510			95,470,093			95,183,998			95,126,316			95,126,269			95,378,238			95,085,871
Ending shares outstanding	95,486,317			95,486,010			95,473,595			95,141,244			95,117,180			95,486,317			95,117,180

Total shareholders' equity	$	2,450,438		$	2,326,439		$	2,287,003		$	2,267,974		$	2,129,509		$	2,450,438		$	2,129,509

REGULATORY CAPITAL	Preliminary															Preliminary
Common equity tier 1 capital	$	1,661,759		$	1,626,345		$	1,582,113		$	1,568,815		$	1,527,793		$	1,661,759		$	1,527,793
Common equity tier 1 capital ratio	12.04		%	11.78		%	11.67		%	11.73		%	11.60		%	12.04		%	11.60		%
Tier 1 capital	$	1,706,796		$	1,671,258		$	1,626,899		$	1,613,480		$	1,572,248		$	1,706,796		$	1,572,248
Tier 1 ratio	12.37		%	12.11		%	12.00		%	12.06		%	11.94		%	12.37		%	11.94		%
Total capital	$	2,012,349		$	1,997,378		$	1,940,762		$	1,907,441		$	1,868,490		$	2,012,349		$	1,868,490
Total capital ratio	14.58		%	14.47		%	14.31		%	14.26		%	14.19		%	14.58		%	14.19		%
Total capital in excess of minimum requirement	$	563,592		$	548,037		$	516,704		$	503,152		$	485,580		$	563,592		$	485,580
Total risk-weighted assets	$	13,797,681		$	13,803,249		$	13,562,455		$	13,374,177		$	13,170,574		$	13,797,681		$	13,170,574
Leverage ratio	9.93		%	9.73		%	9.75		%	9.70		%	9.59		%	9.93		%	9.59		%

OTHER CAPITAL RATIOS
Ending shareholders' equity to ending assets	13.50		%	12.81		%	12.99		%	12.94		%	12.49		%	13.50		%	12.49		%
Ending tangible shareholders' equity to ending tangible assets (1)	7.98		%	7.23		%	7.23		%	7.17		%	6.50		%	7.98		%	6.50		%
Average shareholders' equity to average assets	13.28		%	12.87		%	13.09		%	12.52		%	12.70		%	13.08		%	12.53		%
Average tangible shareholders' equity to average tangible assets (1)	7.64		%	7.15		%	7.25		%	6.57		%	6.69		%	7.35		%	6.49		%

REPURCHASE PROGRAM (2)
Shares repurchased	0			0			0			0			0			0			0
Average share repurchase price	N/A			N/A			N/A			N/A			N/A			N/A			N/A
Total cost of shares repurchased	N/A			N/A			N/A			N/A			N/A			N/A			N/A

(1) Non-GAAP measure. For details on the calculation of these non-GAAP financial measures and a reconciliation to the GAAP financial measure, see the sections titled “Use of Non-GAAP Financial Measures” in this release and “Appendix: Non-GAAP to GAAP Reconciliation” in the accompanying slide presentation.
(2) Represents share repurchases as part of publicly announced plans.

N/A = Not applicable

earnings presentation • Third Quarter 2024 Exhibit 99.2

forward looking statements disclosure 2 Certain statements contained in this report which are not statements of historical fact constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as ‘‘believes,’’ ‘‘anticipates,’’ “likely,” “expected,” “estimated,” ‘‘intends’’ and other similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. Examples of forward-looking statements include, but are not limited to, statements we make about (i) our future operating or financial performance, including revenues, income or loss and earnings or loss per share, (ii) future common stock dividends, (iii) our capital structure, including future capital levels, (iv) our plans, objectives and strategies, and (v) the assumptions that underlie our forward-looking statements. As with any forecast or projection, forward-looking statements are subject to inherent uncertainties, risks and changes in circumstances that may cause actual results to differ materially from those set forth in the forward-looking statements. Forward-looking statements are not historical facts but instead express only management’s beliefs regarding future results or events, many of which, by their nature, are inherently uncertain and outside of management’s control. It is possible that actual results and outcomes may differ, possibly materially, from the anticipated results or outcomes indicated in these forward-looking statements. Important factors that could cause actual results to differ materially from those in our forward-looking statements include the following, without limitation: • economic, market, liquidity, credit, interest rate, operational and technological risks associated with the Company’s business; • future credit quality and performance, including our expectations regarding future loan losses and our allowance for credit losses; • the effect of and changes in policies and laws or regulatory agencies, including the Dodd-Frank Wall Street Reform and Consumer Protection Act and other legislation and regulation relating to the banking industry; (iv) management’s ability to effectively execute its business plans; • mergers and acquisitions, including costs or difficulties related to the integration of acquired companies; • the possibility that any of the anticipated benefits of the Company’s acquisitions will not be realized or will not be realized within the expected time period; • the effect of changes in accounting policies and practices; • changes in consumer spending, borrowing and saving and changes in unemployment; • changes in customers’ performance and creditworthiness; • the costs and effects of litigation and of unexpected or adverse outcomes in such litigation; • current and future economic and market conditions, including the effects of changes in housing prices, fluctuations in unemployment rates, U.S. fiscal debt, budget and tax matters, geopolitical matters, and any slowdown in global economic growth; • the adverse impact on the U.S. economy, including the markets in which we operate, of the novel coronavirus, which causes the Coronavirus disease 2019 (“COVID-19”), global pandemic, and the impact on the performance of our loan and lease portfolio, the market value of our investment securities, the availability of sources of funding and the demand for our products; • our capital and liquidity requirements (including under regulatory capital standards, such as the Basel III capital standards) and our ability to generate capital internally or raise capital on favorable terms;

forward looking statements disclosure 3 • financial services reform and other current, pending or future legislation or regulation that could have a negative effect on our revenue and businesses, including the Dodd-Frank Act and other legislation and regulation relating to bank products and services; • the effect of the current interest rate environment or changes in interest rates or in the level or composition of our assets or liabilities on our net interest income, net interest margin and our mortgage originations, mortgage servicing rights and mortgage loans held for sale; • the effect of a fall in stock market prices on our brokerage, asset and wealth management businesses; • a failure in or breach of our operational or security systems or infrastructure, or those of our third-party vendors or other service providers, including as a result of cyber attacks; • the effect of changes in the level of checking or savings account deposits on our funding costs and net interest margin; and • our ability to develop and execute effective business plans and strategies. 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.

3Q 2024 results 136th Consecutive Quarter of Profitability 4 • EOP assets decreased $19.8 million compared to the linked quarter to $18.1 billion • EOP loans increased $31.9 million compared to the linked quarter to $11.6 billion • Average deposits increased $166.2 million compared to the linked quarter to $13.8 billion • EOP investment securities increased $119.6 million compared to the linked quarter Balance Sheet Profitability Asset Quality Income Statement Capital • Noninterest income – $45.7 million; $58.8 million as adjusted1 • Noninterest expense – $125.8 million; $124.7 million as adjusted1 • Efficiency ratio – 62.5%. Adjusted1 efficiency ratio – 58.2% • Effective tax rate of 19.2%. Adjusted1 effective tax rate of 19.5% • Net interest income – $155.6 million • Net interest margin of 4.05% on a GAAP basis; 4.08% on a fully tax equivalent basis1 • Net income – $52.5 million or $0.55 per diluted share. Adjusted1 net income – $63.6 million or $0.67 per diluted share • Return on average assets – 1.17%. Adjusted 1 return on average assets – 1.42% • Return on average shareholders’ equity – 8.80%. Adjusted1 return on average shareholders’ equity – 10.68% • Return on average tangible common equity – 16.29%1. Adjusted1 return on average tangible common equity – 19.77% • Provision expense - $10.6 million • Net charge-offs – $7.3 million. NCOs / Avg. Loans – 0.25% annualized • Classified Assets / Total Assets - 1.14% • NPA / Total Assets – 0.36% • ACL / Total Loans – 1.37% • Total capital ratio – 14.58% • Tier 1 common equity ratio – 12.04% • Tangible common equity ratio – 7.98%. Adjusted1 Tangible common equity ratio – 9.34% • Tangible book value per share – $14.26 1 Non-GAAP financial measure which management believes facilitates a better understanding of the Company’s financial condition. See Appendix for Non-GAAP reconciliation.

3Q 2024 highlights • Strong quarterly earnings driven by net interest margin • Adjusted1 earnings per share – $0.67 • Adjusted1 return on assets – 1.42% • Adjusted1 pre-tax, pre-provision return on assets – 2.00% • Adjusted1 return on average tangible common equity – 19.77% • Modest loan growth during the period, in line with expectations • EOP loan balances increased $31.9 million compared to the linked quarter; 1.1% on an annualized basis • Growth driven by leasing and mortgage • Payoffs increased 27% compared to the linked quarter • Total average deposit balances increased $166.2 million, or 4.9% on an annualized basis • $100.8 million increase in retail CDs and $114.2 million increase in money market accounts offset modest declines in noninterest bearing checking and savings balances • $35.0 million increase in brokered deposits mostly offset modest seasonal decline in public funds • $38.5 million decline in noninterest bearing deposit balances from linked quarter • Average noninterest bearing deposits were 23% of average total deposits at September 30, 2024 • • Net interest margin (FTE) of 4.08% decreased 2 bps from linked quarter • Stable asset yields compared to linked quarter • 5 bp increase in cost of deposits offset by favorable shift in funding mix, resulting in 2 bp increase in total funding costs • • Noninterest income of $45.7 million; $58.8 million as adjusted1 • Adjustments include o $17.5 million loss on securities; includes $9.7 million impairment loss on two skilled nursing investments, $8.0 million of losses on sales from restructuring activities o $4.4 million gain related to a deferred tax gain • Leasing business revenue of $16.8 million; relatively flat compared to linked quarter • Foreign exchange income of $12.0 million; decline from near-record second quarter • Wealth management revenue of $6.9 million; 3.7% decline from record quarter 5 1 Non-GAAP financial measure which management believes facilitates a better understanding of the Company’s financial condition. See Appendix for Non-GAAP reconciliations. .

3Q 2024 highlights • Adjusted1 noninterest expense of $124.7 million, a 1.8% increase from second quarter • Adjustments1 include $0.4 million of efficiency-related costs and $0.7 million in other costs such as acquisition, severance and branch consolidation costs • Increase driven by $1.8 million increase in leasing business expenses and $0.5 million supplemental contribution to the First Financial Foundation • Efficiency ratio of 62.5%; 58.2% as adjusted1 • Workforce efficiency initiative ongoing; 120 positions eliminated to date • Increase in allowance for credit loss (ACL) and provision expense • Total ACL of $176.0 million; provision expense of $10.6 million o Loans and leases - ACL of $158.8 million; 1.37% of total loans o Unfunded Commitments - ACL of $17.1 million • Provision expense driven by net charge-offs and slower prepayments • NPA to total assets of 0.36%; relatively flat compared to linked quarter • $7.3 million in net charge-offs; 0.25% of loans on an annualized basis, 10 bp increase from linked quarter • Classified assets increased 7 bps to 1.14% of total assets during third quarter • Capital ratios in excess of targets • Total capital ratio of 14.58% • Tier 1 common equity of 12.04%; 26 basis point increase from linked quarter • Tangible book value of $14.26; increased by $1.32, or 10.2%, from linked quarter • Tangible common equity increased 75 bps to 7.98%; 9.34%1 excluding ($232.3) million of AOCI • Common dividend of $0.24 6 1 Non-GAAP financial measure which management believes facilitates a better understanding of the Company’s financial condition. See Appendix for Non-GAAP reconciliations. .

adjusted net income1 7 The table below lists certain adjustments that the Company believes are significant to understanding its quarterly performance. 1 Non-GAAP financial measure which management believes facilitates a better understanding of the Company’s financial condition. See Appendix for Non-GAAP reconciliations. All dollars shown in thousands, except per share amounts As Reported Adjusted 1 As Reported Adjusted 1 Net interest income 155,560$ 155,560$ 153,311$ 153,311$ Provision for credit losses-loans and leases 9,930$ 9,930$ 16,157$ 16,157$ Provision for credit losses-unfunded commitments 694$ 694$ 286$ 286$ Noninterest income 45,701$ 45,701$ 61,501$ 61,501$ less: gains (losses) on security transactions - (17,468) A - (64) A less: deferred tax adjustment - 4,353 A - - A Total noninterest income 45,701$ 58,816$ 61,501$ 61,565$ Noninterest expense 125,759$ 125,759$ 123,574$ 123,574$ less: FDIC special assessment - - A - (70) A less: efficiency-related costs - 383 A - 368 A less: other - 695 A - 818 A Total noninterest expense 125,759$ 124,681$ 123,574$ 122,458$ Income before income taxes 64,878$ 79,071$ 74,795$ 75,975$ Income tax expense 12,427$ 12,427$ 13,990$ 13,990$ plus: after-tax impact of tax credit investment @ 21% - 24 - 10 plus: tax effect of adjustments (A) @ 21% statutory rate - 2,981 - 263 Total income tax expense 12,427$ 15,432$ 13,990$ 14,262$ Net income 52,451$ 63,639$ 60,805$ 61,713$ Net earnings per share - diluted 0.55$ 0.67$ 0.64$ 0.65$ Pre-tax, pre-provision return on average assets 1.68% 2.00% 2.07% 2.10% 3Q 2024 2Q 2024

profitability 8 Return on Average Assets Return on Avg Tangible Common Equity Diluted EPS 1 Non-GAAP financial measure which management believes facilitates a better understanding of the Company’s financial condition. See Appendix for Non-GAAP reconciliation. Adjusted1 Pre-tax, Pre-Provision Earnings $0.55 $0.64 $0.53$0.60$0.66 $0.67 $0.65 $0.59 $0.62 $0.67 3Q242Q241Q244Q233Q23 Diluted EPS Adjusted EPS 1 1.17% 1.38% 1.18%1.31% 1.48% 1.42%1.40% 1.30%1.37% 1.49% 3Q242Q241Q244Q233Q23 ROA Adjusted ROA 1 16.29% 20.57% 17.35% 21.36% 23.60% 19.77%20.88%19.11% 22.21%23.76% 3Q242Q241Q244Q233Q23 ROATCE Adjusted ROATCE 1 $89.7$92.4 $79.4$84.6$90.7 2.00%2.10% 1.85%1.96% 2.12% 3Q242Q241Q244Q233Q23 Pre-tax, pre-provision earnings Pre-tax, pre-provision ROA

net interest income & margin 9 Net Interest Margin (FTE) 2Q24 NIM (FTE) Progression Net Interest Income All dollars shown in millions $151.0$148.4 $143.9$147.7$150.9 $3.8 $3.6 $4.0 $5.2 $4.5 $155.6 $153.3 $148.7 $153.8 $155.5 3Q242Q241Q244Q233Q23 Basic NII Loan Fees 3.98%4.00%3.99% 4.12%4.21% 0.10%0.10%0.11% 0.14% 0.12% 4.08%4.10%4.10% 4.26% 4.33% 3Q242Q241Q244Q233Q23 Basic Margin (FTE) Loan Fees 2Q24 4.10% Asset yields/mix -0.01% Funding costs/mix -0.01% 3Q24 4.08%

2.50%2.51%2.48%2.49%2.44%2.30% 2.08% 1.77% -0.01%0.03%0.00%0.05% 0.14%0.22%0.31%0.37% SepAugJul3Q242Q241Q244Q233Q23 Cost of Deposits Change in Cost of Deposits average balance sheet 10 Average LoansAverage Securities All dollars shown in millions 1 Includes loans fees and loan accretion Deposit Costs $3,274$3,132$3,138$3,184$3,394 4.24%4.23% 4.01% 4.20% 4.07% 3Q242Q241Q244Q233Q23 Investment Securities Investment Securities Yield $11,534$11,441$11,066$10,751$10,624 7.41%7.42%7.32%7.29% 7.18% 3Q242Q241Q244Q233Q23 Loans Loan Yield 1 $13,797$13,630 $13,279$13,203 $12,787 2.49%2.44% 2.30% 2.08% 1.77% 3Q242Q241Q244Q233Q23 Deposits Cost of Deposits Average Deposits

11 Borrowing Capacity • Interest-bearing deposits with other banks of $661 million • Investment securities portfolio: • 97.6% of investment portfolio classified as available-for-sale • $680.9 million of expected cash flow from securities portfolio in next 12 months • $490.3 million of floating rate securities with minimal losses • Portfolio duration of 4.3 years at September 30, 2024 borrowing capacity & cash/investment liquidity Cash/Investment Liquidity All dollars shown in thousands FHLB borrowing availability 513,928$ Fed Discount Window availability 949,185 Brokered CDs/Deposit placement services 2,135,630 Fed funds 960,000 Total as of September 30, 2024 4,558,743$

agile acquisition 12 • Acquired February 29th • $93.4 million in loans acquired; $211.2 million as of September 30th • $5.6 million of intangibles created • Agile is a full-service specialty finance company based in Lincolnshire, IL and operates throughout the U.S. • Lends to commercial customers to finance insurance premiums • Loans are secured by the unearned premium of the policies • Two-thirds of volume is derived from direct agency relationships, and one-third is originated through a brokerage model • Portfolio is diversified across insurance carrier, insurance agency, borrower, geography, and insurance coverage type • Founded in 2017 and managed by seasoned industry experts • Led by founder Bob Przespolewski and Charlie Gerstung, who joined FFB • 30 associates Product Details • Originates approximately 50,000 loans annually • Average loan size of $12,700 • Median loan size $1,700 • Average duration 10 months Deep and Diverse Relationships Portfolio Highlights • Gross yields in excess of 10% • Expected annual loss rate of 10-20 bps • Established national network of over 1,700 active independent insurance agencies • Significant cross-sell opportunity 1The fair value measurements of assets acquired and liabilities assumed in the Agile acquisition are subject to refinement for up to one year after the closing date of the acquisition as additional information relative to closing date fair values becomes available. Company Overview Transaction Overview1 Key Statistics

loan portfolio 13 Loan LOB Mix (EOP) Net Loan Change-LOB (Linked Quarter) All dollars shown in millions Total growth/(decline): $31.9 million $7.3 -$119.5 -$10.4 $5.1 $83.8 $3.4 $22.5 $39.7 ICRE Commercial & Small Business Banking Oak Street Franchise Summit Agile Consumer Mortgage ICRE $3,725 32% Commercial & Small Business Banking $3,229 28% Oak Street $741 6% Franchise $249 2% Summit $831 7% Agile $211 2% Consumer $1,009 9% Mortgage $1,558 14% Total $11.6 Billion

loan concentrations 14 C&I and Owner Occupied CRE Loans by Sector1 Investor CRE Loans by Property Type All dollars shown in millions 1 Excludes Agile Premium Finance Property Type 9/30/24 % of Total Loans Residential Multi Family 5+ $1,279.2 11.1% Retail Property 790.0 6.8% Office 434.8 3.8% Industrial 399.4 3.5% Hospital/Nursing Home 298.0 2.6% Hotel 187.1 1.6% Land 111.4 1.0% Residential 1-4 Family 105.8 0.9% Industrial 54.8 0.5% Other Real Estate 51.6 0.4% Self Storage 12.6 0.1% Other 0.1 0.0% Grand Total $3,725.0 32.2% NAICS Sector 9/30/24 % of Total Loans Finance and Insurance $1,236.2 10.7% Manufacturing 493.1 4.3% Accommodation and Food Services 308.0 2.7% Construction 280.7 2.4% Health Care and Social Assistance 275.4 2.4% Real Estate and Rental and Leasing 260.8 2.3% Professional, Scientific, and Technical Services 258.5 2.2% Retail Trade 242.3 2.1% Wholesale Trade 202.8 1.8% Agriculture, Forestry, Fishing and Hunting 167.7 1.5% Transportation and Warehousing 151.2 1.3% Other Services (except Public Administration) 145.7 1.3% Administrative and Support and Waste Managemen 139.3 1.2% Arts, Entertainment, and Recreation 80.7 0.7% Information 74.7 0.6% Public Administration 54.6 0.5% Educational Services 24.6 0.2% Management of Companies and Enterprises 15.7 0.1% Utilities 13.3 0.1% Mining, Quarrying, and Oil and Gas Extraction 13.2 0.1% Other 0.8 0.0% Grand Total $4,439.3 38.4%

area of focus - office portfolio (non-owner occupied) 15 Office Property Type 1 Performance metrics based on loans greater than $2.5 million and excluding classified assets. All dollars shown in millions Office Property Market Office Maturity Schedule • $434.8 million balance represents 3.8% of total loan portfolio; includes $54.7 million of loans less than $2.5 million individual exposure • Majority of exposure is in our metro markets and secured by suburban Class A & Class B assets with recourse from the sponsor • No exposure to gateway cities • $17.3 million on nonaccrual status; 2 relationships; have been charged down to net realizable value • $14.1 million rated substandard – 1 relationship; $35.4 million rated special mention – 3 relationships • One loan migrated to criticized/classified during quarter • Performance metrics at origination or renewal1 • LTV – 61.4% • Occupancy – 86.1% • Debt coverage – 1.65x $287 66% $136 31% $12 3% Suburban Urban Non-metro $358 82% $44 10% $25 6% $8 2% General Office Medical Mixed Use Other $42.6 $111.2 $61.2 $36.8 $61.2 $121.8 $0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 $140.0 2024 2025 2026 2027 2028 2029+

deposits 16 Deposit Product Mix (Avg) 3Q24 Average Deposit Progression All dollars shown in millions Total growth/(decline): $166.2 million -$38.5 $25.2 -$30.0 $114.2 $100.8 $35.0 -$40.5 Noninterest-bearing Interest-bearing demand Savings Money Markets Retail CDs Brokered Deposits Public Funds Noninterest- bearing (excl. pub funds) $2,987 22% Interest-bearing demand $1,662 12% Savings $1,017 7% Money Markets $3,068 22% Retail CDs $1,653 12% Brokered Deposits $1,473 11% Public Funds $1,937 14% Total $13.8 billion

average deposit trends 17 All dollars shown in millions Business Public Funds Personal Uninsured Deposits $6,330$6,312$6,162$5,921$5,824$5,821 3Q242Q241Q244Q233Q232Q23 $3,974$3,824$3,823$3,913$3,789$3,664 3Q242Q241Q244Q233Q232Q23 $1,937$1,978$1,864$1,928$1,805$1,823 3Q242Q241Q244Q233Q232Q23 Uninsured deposits (per call report instructions) 5,341$ Less: Public funds 1,809 Less: Intercompany deposits 192 Adjusted uninsured deposits 3,340 Borrowing capacity 4,559 Borrowing capacity in excess of adjusted uninsured deposits $ 1,219 Borrowing capacity as a % of adjusted uninsured deposits 136.5% Adjusted uninsured deposits to total deposits 23.9%

noninterest income 18 Noninterest Income 3Q24 Highlights All dollars shown in thousands • Adjusted1 fee income of $58.8 million • $13.1 million of adjustments1 include: • $17.5 million loss on securities • $9.7 million impairment loss on two skilled nursing investments • $8.0 million of losses on sales from restructuring activities • $4.4 million gain related to a deferred tax gain • Total fee income 22.7% of net revenue • Foreign exchange income of $12.0 million; decreased $4.7 million from the near-record second quarter • Leasing business income of $16.8 million; relatively unchanged from the linked quarter • Trust and wealth management fees of $6.9 million: decreased $0.3 million, or 3.7%, from record linked quarter • Deposit service charge income of $7.5 million: increased $0.4 million, or 5.0%, from the linked quarter • Mortgage banking income of $5.0 million; increased $0.5 million, or 12.1%, from the linked quarter 1 Non-GAAP financial measure which management believes facilitates a better understanding of the Company’s financial condition. See Appendix for Non-GAAP reconciliations. Service Charges $7,547 Wealth Mgmt $6,910 Bankcard income $3,698 Client derivative fees $1,160 Foreign exchange income $12,048 Leasing business income $16,811 Mortgage banking income $5,021 Other $(7,494) Total $45.7 million

noninterest expense 19 Noninterest Expense 3Q24 Highlights 1 Non-GAAP financial measure which management believes facilitates a better understanding of the Company’s financial condition. See Appendix for Non-GAAP reconciliations. All dollars shown in thousands • Core expenses increased $2.2 million, or 1.8% • $1.8 million increase in leasing expenses • $0.5 million supplemental contribution to First Financial Foundation • Efficiency initiative ongoing; 120 positions eliminated to date which equals $13.4 million of annualized savings • $1.1 million of adjustments1 include: • $0.4 million efficiency-related costs • $0.7 million of other costs such as acquisition, severance and branch consolidation costs Salaries and benefits $74,813 59% Occupancy and equipment $9,536 8% Data processing $8,857 7% Professional services $2,303 2% Intangible amortization $2,395 2% Leasing business expense $11,899 9% Other $15,956 13% Total $125.8 million 57.5% 59.3% 62.7% 57.5% 62.5% 57.3% 58.0% 60.4% 57.0% 58.2% 3Q23 4Q23 1Q24 2Q24 3Q24 Efficiency Ratio Adjusted Efficiency Ratio 1 Efficiency Ratio

allowance for credit losses 20 3Q24 Highlights All dollars shown in millions • $176.0 million combined ACL; $10.6 million combined provision expense • $158.8 million ACL – loans and leases; increase driven by slower prepayments; 1.37% of loan balances • Utilized Moody’s September baseline forecast in quantitative model • $17.1 million ACL – unfunded commitments $145.2 $141.4 $144.3 $156.2 $158.8 $17.0 $18.4 $16.2 $16.4 $17.1 $162.2 $159.9 $160.4 $172.6 $176.0 1.36% 1.29% 1.29% 1.36% 1.37% 3Q23 4Q23 1Q24 2Q24 3Q24 ACL-loans and leases ACL-unfunded commitments ACL / Total Loans ACL / Total Loans

asset quality 21 Classified Assets / Total Assets Net Charge Offs & Provision Expense1 . 1 Provision includes both loans & leases and unfunded commitments All dollars shown in millions $65.5$62.7$59.4 $65.9 $75.1 0.36%0.35%0.34% 0.38%0.44% 3Q242Q241Q244Q233Q23 NPAs NPAs / Total Assets $16.4 $12.6 $10.6 $4.2 $7.3 $11.7 $10.2 $11.2 $16.4 $10.6 0.25% 0.15% 0.38% 0.46% 0.61% 3Q23 4Q23 1Q24 2Q24 3Q24 NCOs Provision Expense NCOs / Average Loans $206.2$195.3 $162.3 $141.0$140.6 1.14%1.07% 0.92% 0.80%0.82% 3Q242Q241Q244Q233Q23 Classified Assets Classified Assets / Total Assets Nonperforming Assets / Total Assets

capital 22 Tier 1 Common Equity Ratio Total Capital Ratio Tangible Common Equity Ratio 9/30 Risk Weighted Assets = $13,797,681 All capital numbers are considered preliminary. 1 Non-GAAP financial measure which management believes facilitates a better understanding of the Company’s financial condition. See Appendix for Non-GAAP reconciliation. Adjusted TCE excludes impact from AOCI Tier 1 Capital Ratio 12.04%11.78%11.67%11.73%11.60% 7.00% 3Q242Q241Q244Q233Q23 Tier 1 Common Equity Ratio Basel III minimum 12.37%12.11%12.00%12.06%11.94% 8.50% 3Q242Q241Q244Q233Q23 Tier 1 Capital Ratio Basel III minimum 14.58%14.47%14.31%14.26%14.19% 10.50% 3Q242Q241Q244Q233Q23 Total Capital Ratio Basel III minimum 6.50% 7.17% 7.23% 7.23% 7.98% 9.07% 9.05% 9.18% 9.13% 9.34% 3Q23 4Q23 1Q24 2Q24 3Q24 TCE ratio Adjusted TCE ratio1

capital strategy 23 Strategy & DeploymentTangible Book Value Per Share • 3.8% annualized dividend yield as of September 30th • 43.7% of 3Q24 earnings returned to shareholders through common dividend • Most recent internal stress testing indicates capital ratios above regulatory minimums in all modeled scenarios • Common dividend of $0.24 • No shares repurchased in 3Q24; no plans to repurchase shares in near- term • 10.2% increase in TBV per share from linked quarter driven by strong earnings and decline in unrealized loss on investment portfolio • 30.7% increase since 3Q23 1 Excludes impact from AOCI $10.91 $12.38 $12.50 $12.94 $14.26 $15.22 $15.64 $15.87 $16.32 $16.69 3Q23 4Q23 1Q24 2Q24 3Q24 Tangible Book Value per Share TBV per share-adjusted 1

outlook commentary1 • Loan balances expected to grow mid single digits on an annualized basis • Strong average deposit balance growth expected; includes expected public fund seasonal growth • Investment portfolio expected to remain stable 24 • Total noninterest expense expected to be $126 - 128 million • Stable expense base expected excluding leasing business and fee-based incentive expense • Incentive expense will fluctuate with fee income Noninterest Expense Net Interest Margin Balance Sheet Credit • Credit costs expected to remain flat • Net charge-offs expected to be approximately 25 - 30 bps for full year • Stable to slightly increasing ACL coverage as a percentage of loans expected Noninterest Income • Total expected fee income of $63 - 65 million • Includes $13 - 15 million foreign exchange • Includes $18 - 20 million leasing business income 1 See Forward Looking Statement Disclosure on page 2-3 of this presentation for a discussion of factors that could affect management’s expectations and results in future periods. • Expected to be 3.85% - 3.95%; assumes 25 bp November and December rate cuts by Fed Capital • Expect to maintain dividend at $0.24

The Company’s Investor Presentation contains certain financial information determined by methods other than in accordance with accounting principles generally accepted in the United States (GAAP). Such non-GAAP financial information should be considered supplemental to, and not as a substitute for, or superior to, financial measures calculated in accordance with GAAP. However, we believe that non-GAAP reporting provides meaningful information and therefore we use it to supplement our GAAP information. We have chosen to provide this supplemental information to investors, analysts and other interested parties to enable them to perform additional analyses of operating results, to illustrate the results of operations giving effect to the non-GAAP adjustments and to provide an additional measure of performance. We believe this information is helpful in understanding the results of operations separate and apart from items that may, or could, have a disproportional positive or negative impact in any given period. For a reconciliation of the differences between the non-GAAP financial measures and the most comparable GAAP measures, please refer to the following reconciliation tables. to GAAP Reconciliation 25 appendix: non-GAAP measures

appendix: non-GAAP to GAAP reconciliation 26 All dollars shown in thousands Net interest income and net interest margin - fully tax equivalent Sep. 30, June 30, Mar. 31, Dec. 31, Sep. 30, 2024 2024 2024 2023 2023 Net interest income 155,560$ 153,311$ 148,740$ 153,765$ 155,455$ Tax equivalent adjustment 1,362 1,418 1,535 1,672 1,659 Net interest income - tax equivalent 156,922$ 154,729$ 150,275$ 155,437$ 157,114$ Average earning assets 15,292,378$ 15,171,819$ 14,757,503$ 14,483,589$ 14,404,144$ Net interest margin1 4.05 % 4.06 % 4.05 % 4.21 % 4.28 % Net interest margin (fully tax equivalent)1 4.08 % 4.10 % 4.10 % 4.26 % 4.33 % Three months ended 1 Margins are calculated using net interest income annualized divided by average earning assets. The tax equivalent adjustment to net interest income recognizes the income tax savings when comparing taxable and tax-exempt assets and assumes a 21% tax rate. Management believes that it is a standard practice in the banking industry to present net interest margin and net interest income on a fully tax equivalent basis. Therefore, management believes these measures provide useful information to investors by allowing them to make peer comparisons. Management also uses these measures to make peer comparisons.

appendix: non-GAAP to GAAP reconciliation 27 All dollars shown in thousands Additional non-GAAP ratios Sep. 30, June 30, Mar. 31, Dec. 31, Sep. 30, (Dollars in thousands, except per share data) 2024 2024 2024 2023 2023 Net income (a) 52,451$ 60,805$ 50,689$ 56,732$ 63,061$ Average total shareholders' equity 2,371,125 2,281,040 2,265,562 2,144,482 2,153,601 Less: Goodw ill (1,007,654) (1,007,657) (1,006,477) (1,005,870) (1,005,844) Other intangibles (82,619) (84,577) (84,109) (85,101) (87,427) Average tangible equity (b) 1,280,852 1,188,806 1,174,976 1,053,511 1,060,331 Total shareholders' equity 2,450,438 2,326,439 2,287,003 2,267,974 2,129,509 Less: Goodw ill (1,007,656) (1,007,656) (1,007,656) (1,005,868) (1,005,868) Other intangibles (81,547) (83,528) (85,603) (83,949) (86,378) Ending tangible equity (c) 1,361,235 1,235,255 1,193,744 1,178,157 1,037,263 Less: AOCI (232,262) (323,409) (321,109) (309,819) (410,005) Ending tangible equity less AOCI (d) 1,593,497 1,558,664 1,514,853 1,487,976 1,447,268 Total assets 18,146,332 18,166,180 17,599,238 17,532,900 17,054,852 Less: Goodw ill (1,007,656) (1,007,656) (1,007,656) (1,005,868) (1,005,868) Other intangibles (81,547) (83,528) (85,603) (83,949) (86,378) Ending tangible assets (e) 17,057,129 17,074,996 16,505,979 16,443,083 15,962,606 Risk-w eighted assets (f) 13,797,681 13,803,249 13,562,455 13,374,177 13,170,574 Total average assets 17,854,191 17,728,251 17,306,221 17,124,955 16,951,389 Less: Goodw ill (1,007,654) (1,007,657) (1,006,477) (1,005,870) (1,005,844) Other intangibles (82,619) (84,577) (84,109) (85,101) (87,427) Average tangible assets (g) 16,763,918$ 16,636,017$ 16,215,635$ 16,033,984$ 15,858,119$ Ending shares outstanding (h) 95,486,317 95,486,010 95,473,595 95,141,244 95,117,180 Ratios Return on average tangible shareholders' equity (a)/(b) 16.29% 20.57% 17.35% 21.36% 23.60% Ending tangible equity as a percent of: Ending tangible assets (c)/(e) 7.98% 7.23% 7.23% 7.17% 6.50% Risk-w eighted assets (c)/(f) 9.87% 8.95% 8.80% 8.81% 7.88% Ending tangible equity excluding AOCI as a percent of: Ending tangible assets (d)/(e) 9.34% 9.13% 9.18% 9.05% 9.07% Average tangible equity as a percent of average tangible assets (b)/(g) 7.64% 7.15% 7.25% 6.57% 6.69% Tangible book value per share (c)/(h) 14.26$ 12.94$ 12.50$ 12.38$ 10.91$ Three months ended,

appendix: non-GAAP to GAAP reconciliation 28 All dollars shown in thousands Additional non-GAAP measures 1Q24 4Q23 As Reported Adjusted As Reported Adjusted As Reported Adjusted As Reported Adjusted Net interest income (f) 155,560$ 155,560$ 153,311$ 153,311$ 148,740$ 148,740$ 153,765$ 153,765$ Provision for credit losses-loans and leases (j) 9,930 9,930 16,157 16,157 13,419 13,419 8,804 8,804 Provision for credit losses-unfunded commitments (j) 694 694 286 286 (2,259) (2,259) 1,426 1,426 Noninterest income 45,701 45,701 61,501 61,501 46,512 46,512 46,993 46,993 less: gains (losses) on security transactions (17,468) (64) (5,187) (649) less: deferred tax adjustment 4,353 - - - Total noninterest income (g) 45,701 58,816 61,501 61,565 46,512 51,699 46,993 47,642 Noninterest expense 125,759 125,759 123,574 123,574 122,355 122,355 119,137 119,137 less: tax credit investment w ritedow n - - less: FDIC special assessment - (70) 231 925 less: eff iciency-related costs 383 368 - - less: Other 695 818 1,087 1,363 Total noninterest expense (e) 125,759 124,681 123,574 122,458 122,355 121,037 119,137 116,849 Income before income taxes (i) 64,878 79,071 74,795 75,975 61,737 68,242 71,391 74,328 Income tax expense 12,427 12,427 13,990 13,990 11,048 11,048 14,659 14,659 plus: tax effect of adjustments 24 10 52 276 plus: after-tax impact of tax credit investments @ 21% 2,981 263 1,318 423 Total income tax expense (h) 12,427 15,432 13,990 14,262 11,048 12,418 14,659 15,358 Net income (a) 52,451$ 63,639$ 60,805$ 61,713$ 50,689$ 55,824$ 56,732$ 58,970$ Average diluted shares (b) 95,480 95,480 95,470 95,470 95,184 95,184 95,141 95,141 Average assets (c) 17,854,191 17,854,191 17,728,251 17,728,251 17,306,221 17,306,221 17,124,955 17,124,955 Average shareholders' equity 2,371,125 2,371,125 2,281,040 2,281,040 2,265,562 2,265,562 2,144,482 2,144,482 Less: Goodw ill and other intangibles (1,090,273) (1,090,273) (1,092,234) (1,092,234) (1,090,586) (1,090,586) (1,090,971) (1,090,971) Average tangible equity (d) 1,280,852 1,280,852 1,188,806 1,188,806 1,174,976 1,174,976 1,053,511 1,053,511 Ratios Net earnings per share - diluted (a)/(b) 0.55$ 0.67$ 0.64$ 0.65$ 0.53$ 0.59$ 0.60$ 0.62$ Return on average assets - (a)/(c) 1.17% 1.42% 1.38% 1.40% 1.18% 1.30% 1.31% 1.37% Pre-tax, pre-provision return on average assets - ((a)+(j)+(h))/(c) 1.68% 2.00% 2.07% 2.10% 1.69% 1.85% 1.89% 1.96% Return on average tangible shareholders' equity - (a)/(d) 16.29% 19.77% 20.57% 20.88% 17.35% 19.11% 21.36% 22.21% Efficiency ratio - (e)/((f)+(g)) 62.5% 58.2% 57.5% 57.0% 62.7% 60.4% 59.3% 58.0% Effective tax rate - (h)/(i) 19.2% 19.5% 18.7% 18.8% 17.9% 18.2% 20.5% 20.7% (Dollars in thousands, except per share data) 3Q24 2Q24

29 First Financial Bancorp First Financial Center 255 East Fifth Street Cincinnati, OH 45202

Document and Entity Information Document	Oct. 24, 2024
Cover [Abstract]
Document Type	8-K
Document Period End Date	Oct. 24, 2024
Entity Registrant Name	FIRST FINANCIAL BANCORP.
Entity Incorporation, State or Country Code	OH
Entity File Number	001-34762
Entity Tax Identification Number	31-1042001
Entity Address, Address Line One	255 East Fifth Street, Suite 800
Entity Address, City or Town	Cincinnati,
Entity Address, State or Province	OH
Entity Address, Postal Zip Code	45202
City Area Code	877
Local Phone Number	322-9530
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Entity Central Index Key	0000708955
Amendment Flag	false
NASDAQ/NMS (GLOBAL MARKET) [Member]
Entity Listings [Line Items]
Title of 12(b) Security	Common stock, No par value
Trading Symbol	FFBC
Security Exchange Name	NASDAQ

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FFBC First Financial Bancorp