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First Financial Bancorp FFBC Income tax credits and other income tax benefits from LIHTC investments

Income tax credits and other income tax benefits from LIHTC investments at other companies

First Financial Bancorp logo
First Financial BancorpFFBC
-$669K-497%
Eastern Bankshares, Inc. logo
Eastern Bankshares, Inc.EBC
-$9.37M-1.6%
Morgan Stanley logo
Morgan StanleyMS
$78M+4.0%
BancFirst Corporation logo
BancFirst CorporationBANF
$2.25M+21.6%
PNC Financial Services logo
PNC Financial ServicesPNC
$3B+36.4%
Independent Bank Corp logo
Independent Bank CorpINDB
-$3.86M+74.8%

Other financials

Income statement

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Revenue$271.5M+35.5%
Net income$74.4M+45.1%
EPS (diluted)$0.71+31.5%

Balance sheet

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Total debt$2.2B-18.6%
Total equity$2.9B+17.6%
Total assets$22.8B+23.4%

Cash flow

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Operating cash flow$549.0M+878%
CapEx$13.5M+260%
Free cash flow$535.5M+923%

Valuation

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Market cap$3.41B+22.3%

Profitability

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Net margin28.7%+1.4pp
FCF margin82.4%+50.5pp

Returns & leverage

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Return on equity10.2%+0.7pp
Debt / equity0.8×-0.3×

Where this comes from

Reported directly by First Financial Bancorp in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromAffordableHousingProjectsEquityMethodInvestments.

The official record: First Financial Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Financial Bancorp's income tax credits and other income tax benefits from LIHTC investments?
First Financial Bancorp (FFBC) reported income tax credits and other income tax benefits from LIHTC investments of -$669K in Q1 2026.
How has First Financial Bancorp's income tax credits and other income tax benefits from LIHTC investments changed year-over-year?
First Financial Bancorp's income tax credits and other income tax benefits from LIHTC investments decreased by 497.3% year-over-year, from -$112K to -$669K.
What is the long-term trend for First Financial Bancorp's income tax credits and other income tax benefits from LIHTC investments?
Over 3 years (2022 to 2025), First Financial Bancorp's income tax credits and other income tax benefits from LIHTC investments has grown at a -63.7% compound annual growth rate (CAGR), from -$23.83M to -$1.14M.
What does income tax credits and other income tax benefits from LIHTC investments mean?
Income or losses recognized from investments in affordable housing projects, typically involving Low-Income Housing Tax Credits (LIHTC). This reflects the financial impact of community development investments and associated tax benefits.