First Financial Bancorp Completes $300M Subordinated Notes Sale

First Financial Bancorp ( (FFBC) ) just unveiled an announcement.

On November 10, 2025, First Financial Bancorp completed the issuance and sale of $300 million in 6.375% Fixed-to-Floating Rate Subordinated Notes due 2035. The offering, managed by Keefe, Bruyette & Woods, Inc. and Janney Montgomery Scott LLC, resulted in net proceeds of approximately $296.3 million, which the company intends to use for general corporate purposes, including potentially redeeming its 5.25% Subordinated Notes due 2030. This strategic financial move is expected to bolster First Financial’s capital structure and support its ongoing operations and growth initiatives.

The most recent analyst rating on (FFBC) stock is a Buy with a $26.00 price target. To see the full list of analyst forecasts on First Financial Bancorp stock, see the FFBC Stock Forecast page.

Spark’s Take on FFBC Stock

According to Spark, TipRanks’ AI Analyst, FFBC is a Outperform.

First Financial Bancorp’s strong financial performance and positive earnings call outlook are significant strengths, contributing to a high score. However, technical analysis indicates bearish momentum, which tempers the overall score. The stock’s attractive valuation further supports its investment potential.

To see Spark’s full report on FFBC stock, click here.

More about First Financial Bancorp

First Financial Bancorp is a bank holding company based in Cincinnati, Ohio, with $18.6 billion in assets as of September 30, 2025. It operates through its subsidiary, First Financial Bank, providing banking and financial services across six business lines, including commercial and retail banking, investment commercial real estate, mortgage banking, commercial finance, and wealth management. The company operates 127 full-service banking centers in Ohio, Indiana, Kentucky, and Illinois, and its wealth management division manages $4 billion in assets.

Average Trading Volume: 512,428

Technical Sentiment Signal: Hold

Current Market Cap: $2.37B

Find detailed analytics on FFBC stock on TipRanks’ Stock Analysis page.