First Financial Bancorp Management

Management criteria checks 2/4

First Financial Bancorp's CEO is Archie Brown, appointed in Apr 2018, has a tenure of 6.83 years. total yearly compensation is $3.36M, comprised of 25.2% salary and 74.8% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth €7.55M. The average tenure of the management team and the board of directors is 6 years and 6.8 years respectively.

Key information

Archie Brown

Chief executive officer

US$3.4m

Total compensation

CEO salary percentage	25.2%
CEO tenure	6.8yrs
CEO ownership	0.3%
Management average tenure	6yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Archie Brown's remuneration changed compared to First Financial Bancorp's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2024	n/a	n/a	US$229m
Sep 30 2024	n/a	n/a	US$221m
Jun 30 2024	n/a	n/a	US$231m
Mar 31 2024	n/a	n/a	US$236m
Dec 31 2023	US$3m	US$845k	US$256m
Sep 30 2023	n/a	n/a	US$268m
Jun 30 2023	n/a	n/a	US$261m
Mar 31 2023	n/a	n/a	US$247m
Dec 31 2022	US$3m	US$820k	US$218m
Sep 30 2022	n/a	n/a	US$195m
Jun 30 2022	n/a	n/a	US$200m
Mar 31 2022	n/a	n/a	US$199m
Dec 31 2021	US$3m	US$800k	US$205m
Sep 30 2021	n/a	n/a	US$207m
Jun 30 2021	n/a	n/a	US$188m
Mar 31 2021	n/a	n/a	US$174m
Dec 31 2020	US$2m	US$800k	US$156m
Sep 30 2020	n/a	n/a	US$156m
Jun 30 2020	n/a	n/a	US$166m
Mar 31 2020	n/a	n/a	US$181m
Dec 31 2019	US$3m	US$797k	US$198m
Sep 30 2019	n/a	n/a	US$204m
Jun 30 2019	n/a	n/a	US$204m
Mar 31 2019	n/a	n/a	US$188m
Dec 31 2018	US$2m	US$588k	US$173m

Compensation vs Market: Archie's total compensation ($USD3.36M) is above average for companies of similar size in the German market ($USD2.06M).

Compensation vs Earnings: Archie's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Archie Brown (63 yo)

6.8yrs

Tenure

US$3,357,573

Compensation

Mr. Archie M. Brown, Jr. serves as Independent Director of CNO Financial Group Inc. since May 10, 2023. He serves as Director of Cincinnati Branch at Federal Reserve Bank of Cleveland since January 01, 202...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Archie Brown	President	6.8yrs	US$3.36m	0.28% € 7.5m
James Anderson	Executive VP	6.8yrs	US$1.51m	0.12% € 3.3m
Karen Woods	Executive VP	no data	US$1.29m	0.074% € 2.0m
Richard Dennen	Executive VP & Chief Corporate Banking Officer	5.1yrs	US$1.61m	0.074% € 2.0m
Amanda Neeley	Executive VP and Chief Consumer Banking & Strategy Officer	4.1yrs	US$1.20m	0.053% € 1.4m
Gregory Harris	President of Affluent Banking & Yellow Cardinal Advisory Group - First Financial Bank	6yrs	no data	0.040% € 1.1m
Roddell McCullough	Chief Responsibility Officer	no data	no data	no data
William Harrod	Executive VP & Chief Credit Officer	7.3yrs	US$603.95k	0.053% € 1.4m
James Shank	Chief Internal Auditor	no data	no data	0.016% € 432.3k
Ann Davis	Mortgage Lending President	6yrs	no data	no data
Malcolm Myers	Chief Transformation Officer	1yr	no data	0.042% € 1.1m
Jacob Holbrook	Commercial Banking President	less than a year	no data	no data

6.0yrs

Average Tenure

56yo

Average Age

Experienced Management: FI5's management team is seasoned and experienced (6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Archie Brown	President	6.8yrs	US$3.36m	0.28% € 7.5m
Claude Davis	Independent Non-Executive Chairman of the Board	20.3yrs	US$193.08k	0.056% € 1.5m
Maribeth Rahe	Independent Director	14.8yrs	US$136.83k	0.066% € 1.8m
Anne Arvia	Independent Director	less than a year	no data	0.0050% € 133.4k
William Kramer	Independent Director	19.7yrs	US$140.58k	0.049% € 1.3m
Vincent Berta	Lead Independent Director	6.8yrs	US$155.58k	0.030% € 818.1k
Thomas O'Brien	Independent Director	6.8yrs	US$136.41k	0.056% € 1.5m
Cynthia Booth	Independent Director	14.2yrs	US$149.33k	0.040% € 1.1m
Dawn Morris	Independent Director	1.8yrs	US$109.58k	0.0070% € 187.4k
Andre Porter	Independent Director	1.8yrs	US$109.58k	0.012% € 310.1k
Gary Warzala	Independent Director	2.8yrs	US$139.33k	0.010% € 270.1k

6.8yrs

Average Tenure

64yo

Average Age

Experienced Board: FI5's board of directors are considered experienced (6.8 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/07 21:31
End of Day Share Price	2025/02/07 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First Financial Bancorp. is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Bryce Rowe	Baird
Jason Goldberg	Barclays
Kevin Reevey	D.A. Davidson & Co.

First Financial Bancorp Management

Management criteria checks 2/4

Key information

Recent management updates

Independent Director recently sold €298k worth of stock

Key Executive recently sold €696k worth of stock

Insider recently sold €317k worth of stock

First Financial Bancorp Announces Board Changes

Insider recently sold €228k worth of stock

First Financial Bancorp., Annual General Meeting, May 28, 2024

Recent updates

First Financial Bancorp. to Report Q4, 2024 Results on Jan 23, 2025

Independent Director recently sold €298k worth of stock

Third quarter dividend of US$0.24 announced

Third quarter 2024 earnings released: EPS: US$0.56 (vs US$0.67 in 3Q 2023)

First Financial Bancorp. Reports Net Charge Off for the Third Quarter Ended September 30, 2024

First Financial Bancorp. to Report Q3, 2024 Results on Oct 24, 2024

Key Executive recently sold €696k worth of stock

Upcoming dividend of US$0.24 per share

Second quarter dividend of US$0.24 announced

Insider recently sold €317k worth of stock

Second quarter 2024 earnings released: EPS: US$0.64 (vs US$0.70 in 2Q 2023)

First Financial Bancorp Announces Quarterly Dividend Increase, Payable on September 16, 2024

Investor sentiment improves as stock rises 17%

First Financial Bancorp. to Report Q2, 2024 Results on Jul 25, 2024

First Financial Bancorp Announces Board Changes

Upcoming dividend of US$0.23 per share

Insider recently sold €228k worth of stock

First quarter dividend of US$0.23 announced

First Financial Bancorp. Declares Quarterly Dividend, Payable on June 17, 2024

First quarter 2024 earnings released: EPS: US$0.54 (vs US$0.75 in 1Q 2023)

First Financial Bancorp. to Report Q1, 2024 Results on Apr 25, 2024

First Financial Bancorp., Annual General Meeting, May 28, 2024

Full year 2023 earnings released: EPS: US$2.72 (vs US$2.33 in FY 2022)

Upcoming dividend of US$0.23 per share

Fourth quarter dividend of US$0.23 announced

Full year 2023 earnings released: EPS: US$2.72 (vs US$2.33 in FY 2022)

First Financial Bancorp. Approves Quarterly Dividend, Payable on March 15, 2024

First Financial Bancorp. to Report Q4, 2023 Results on Jan 25, 2024

Independent Director recently sold €310k worth of stock

Upcoming dividend of US$0.23 per share at 4.5% yield

First Financial Bancorp. Reports Unaudited Net Charge-Offs Results for the Third Quarter Ended September 30, 2023

Third quarter 2023 earnings released: EPS: US$0.67 (vs US$0.59 in 3Q 2022)

First Financial Bancorp. to Report Q3, 2023 Results on Oct 24, 2023

Upcoming dividend of US$0.23 per share at 4.4% yield

Insider recently sold €230k worth of stock

First Financial Bancorp. Provides Earnings Guidance for the Third Quarter of 2023

Second quarter 2023 earnings released: EPS: US$0.70 (vs US$0.55 in 2Q 2022)

First Financial Bancorp. to Report Q2, 2023 Results on Jul 20, 2023

First Financial Bancorp. to Report Q2, 2023 Results on Jul 20, 2023

New minor risk - Share price stability

Investor sentiment improves as stock rises 18%

Upcoming dividend of US$0.23 per share at 4.6% yield

First quarter 2023 earnings released: EPS: US$0.75 (vs US$0.44 in 1Q 2022)

Full year 2022 earnings released: EPS: US$2.33 (vs US$2.16 in FY 2021)

Upcoming dividend of US$0.23 per share at 3.6% yield

Non-Executive Chairman of the Board recently sold €596k worth of stock

Full year 2022 earnings released: EPS: US$2.33 (vs US$2.16 in FY 2021)

First Financial Bancorp. Approves Quarterly Dividend, Payable on March 15, 2023

First Financial Bancorp. Announces Retirement of Corinne Finnerty as Director of the Company

First Financial Bancorp. to Report Fiscal Year 2022 Results on Jan 26, 2023

Upcoming dividend of US$0.23 per share

Insufficient new directors

Insider recently sold €537k worth of stock

First Financial Bancorp Declares Quarterly Cash Dividend, Payable on December 15, 2022

Third quarter 2022 earnings released: EPS: US$0.59 (vs US$0.64 in 3Q 2021)

First Financial Bancorp Announces Net Charge-Offs for the Third Quarter Ended September 30, 2022

First Financial Bancorp. to Report Q3, 2022 Results on Oct 20, 2022

Upcoming dividend of US$0.23 per share

First Financial Bancorp Declares Quarterly Cash Dividend, Payable on September 15, 2022

Second quarter 2022 earnings released: EPS: US$0.55 (vs US$0.53 in 2Q 2021)

First Financial Bancorp. to Report Q2, 2022 Results on Jul 21, 2022

First Financial Bancorp Announces Appointment of Gary Warzala as Member of Board of Director

First Financial Bancorp Announces Appointment of Gary Warzala as Member of Board of Director

Upcoming dividend of US$0.23 per share

Independent Director recently sold €68k worth of stock

President recently bought €97k worth of stock

Insufficient new directors

First Financial Bancorp Declares Quarterly Cash Dividend, Payable on June 15, 2022

First quarter 2022 earnings released: EPS: US$0.44 (vs US$0.49 in 1Q 2021)