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First Financial Bank
First Financial Bank

-6.91%

Financial services / Bank

At a Glance | Core Facts | Company | Industry | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Company at a Glance

Overview

First Financial Bank is a financial services company headquartered in Cincinnati, Ohio. It was founded in 1863 and has since grown to become one of the largest banks in the Midwest region of the United States. The company offers a wide range of banking, investment, and insurance services to individuals, businesses, and institutions.
The company operates over 130 branches throughout Indiana, Kentucky, Ohio, and Illinois, with a focus on providing personalized, community-oriented banking services. In addition to traditional banking products and services, First Financial Bank offers online and mobile banking options for convenient access to accounts and services.
First Financial Bank is committed to giving back to the communities it serves through various philanthropic initiatives and volunteer efforts. The company also takes pride in its strong relationships with customers and prioritizes excellent customer service.
Overall, First Financial Bank strives to provide customers with the resources and support they need to achieve their financial goals and maintain strong, long-term financial health.

What is special about the company?

1. Longevity: First Financial Bank has been in operation for over 150 years, making it one of the oldest banks in the country. This long history has allowed the bank to establish a strong reputation and experience in the market.
2. Customer-centric approach: The bank puts its customers at the center of everything it does and strives to provide them with the best banking experience. This customer-centric approach has earned the bank a loyal customer base.
3. Strong financial stability: With over $14 billion in assets, First Financial Bank is a financially stable institution. It also has a strong credit rating, making it a reliable and trustworthy bank for its customers.
4. Community involvement: The bank is deeply committed to giving back to the communities it serves. It supports various community-based programs and initiatives, demonstrating its commitment to social responsibility.
5. Innovative technology: First Financial Bank invests in the latest banking technology to enhance its services and provide a seamless digital banking experience for its customers.
6. Diverse range of products and services: The bank offers a wide range of financial products and services, including personal and business banking, wealth management, and insurance, to cater to the diverse needs of its customers.
7. Expertise in agriculture lending: First Financial Bank has a strong presence in rural areas and specializes in providing agriculture lending services to farmers and ranchers, helping to support local economies.
8. Strong corporate culture: The bank promotes a culture of inclusivity, teamwork, and continuous learning, which helps to create a positive work environment for its employees and fosters a strong sense of loyalty.
9. Growth and expansion: The bank has shown steady growth over the years, expanding its operations through strategic acquisitions and mergers. This growth allows the bank to better serve its customers and reach new markets.
10. Recognitions and awards: First Financial Bank has been recognized for its excellence in various areas, including customer service, community involvement, and workplace culture, which further solidifies its reputation as a top-performing bank.

What the company's business model?

The First Financial Bank is a financial services company that offers a range of banking and financial solutions to individuals, businesses, and institutions. Its business model is based on providing diversified financial services to fulfill the financial needs of its customers.
The company's main sources of revenue include interest income from loans, fees and commissions from various banking services, and income from investments and securities. It also generates income from other services such as wealth management, insurance, and mortgage banking.
The bank's business model is built on the core values of customer satisfaction, community involvement, and strong relationships. It aims to achieve sustainable growth by offering innovative and personalized financial solutions to meet the evolving needs of its customers.
First Financial Bank operates through a network of branches and ATMs across various states in the United States. It also has an online platform and mobile app to provide convenient and accessible banking services to its customers.
In addition to providing financial services, the bank also focuses on giving back to the community through various philanthropic initiatives and programs. This helps to strengthen its relationships with customers and create a positive brand image.
Overall, the First Financial Bank's business model is centered around providing comprehensive and personalized financial solutions while also prioritizing customer satisfaction and community involvement.

Interesting facts about the company

1. Established in 1834, First Financial Bank is the oldest bank in Indiana and the third oldest in the United States.
2. The bank originally operated under the name Terre Haute Savings Bank.
3. In 1887, the bank was renamed First National Bank of Terre Haute after receiving a national charter from the federal government.
4. During the Great Depression, First Financial Bank was one of the few banks in the country that did not fail and was able to continue operating.
5. In 1983, the bank changed its name to First Financial Bank N.A. after merging with two other local banks.
6. First Financial Bank has over 100 locations in Indiana, Illinois, and Kentucky.
7. The bank’s headquarters is located in Terre Haute, Indiana.
8. First Financial Bank was one of the first banks in the country to offer online banking services in 1997.
9. In 2004, the bank became a publicly traded company and is listed on the NASDAQ stock exchange under the ticker symbol FFBC.
10. In addition to traditional banking services, First Financial Bank also offers investment, insurance, and mortgage services.
11. The bank has received numerous awards and accolades, including being named one of the best banks to work for by American Banker magazine and being ranked as one of the top banks in customer satisfaction by J.D. Power.
12. First Financial Bank is committed to giving back to the communities it serves and has established the First Financial Charitable Foundation to support local charities and organizations.
13. The bank prides itself on its strong commitment to providing personalized and trustworthy banking services to its customers.
14. First Financial Bank has over 1,200 employees and manages over $9 billion in assets.
15. The bank’s logo, a black stallion, symbolizes strength, stability, and growth, reflecting the bank’s strong foundation and commitment to its customers.

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