Listed on this slide, what I believe there’s some often overlooked points of peer and market differentiation. Peer is defined as the KBW Regional Bank Index minus First Financial. First, our profitability on a non-risk-adjusted basis over the last 12 months is above peer median with a return on average assets 15 basis points higher and a return on average equity, 174 basis points higher than peer.

Our capital levels are also well above peer median. Our tangible common equity ratio is 9.91% relative to our peer at 8.73% and our total capital ratio, which is bolstered by the low risk weighting of our earning assets due to the covered status that what was acquired through FDIC-assisted transactions is 18.42% compared to peer median of 15.33%. It is because of this robust capital position that we have continued a total dividend payout ratio of 100% resulting in the current annualized yield in excess of 7%, both of which are substantially above the peer median payout ratio of 37% and dividend yield of 2.7%. And our quarterly adjusted return on risk-weighted assets of 1.92% is 62 basis points above peer median as our risk-weighted assets to total assets is so much lower than peer. Said in another way, we are delivering above peer median performance on a lower risk balance sheet.

Read the rest of this transcript for free on

If you liked this article you might like

First Week Of May 2015 Options Trading For First Financial Bancorp (FFBC)

First Financial Bancorp (FFBC) Upgraded From Hold to Buy

First Financial Bancorph (FFBC) Downgraded From Buy to Hold

First Financial Bancorp Stock Upgraded (FFBC)

First Financial Bancorp Stock Downgraded (FFBC)