The shares sold include 1.8 million shares purchased by the underwriters pursuant to their over-allotment option. The net proceeds of the offering after deducting underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $98 million.
First Financial Bancorp has $3.8 billion in assets. Its banking subsidiary, First Financial Bank provides retail and commercial banking products and services, and investment and insurance products through its 82 retail banking locations in Ohio, Kentucky and Indiana. The bank’s wealth management division, First Financial Wealth Resource Group, provides investment management, traditional trust, brokerage, private banking, and insurance services, and has approximately $1.6 billion in assets under management.
