First Financial Bank Mergers and Acquisitions Summary

Financial ServicesCompany

First Financial Bank has acquired 11 companies, including 3 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 3 assets.

First Financial Bank’s largest acquisition to date was in 2017, when it acquired MainSource Financial Group for $1.0B. It’s largest disclosed sale occurred in 2005, when it sold Fidelity Federal Savings Bank to MutualFirst Financial for $20M. First Financial Bank has acquired in 2 different US states. The Company’s most targeted sectors include financial services (100%).

Join Mergr and gain access to First Financial Bank’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the financial services sector.

M&A Summary

  • M&A Total Activity14
    • M&A Buy Activity11
    • M&A Sell Activity3
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 6
  • M&A Advisors 7

First Financial Bank

First Financial Bancorp.

255 East Fifth Street, Suite 800,
Cincinnati, Ohio 45202
United States,
(877) 322-9530
www.bankatfirst.com

First Financial Bank is a mid-sized, regional bank holding company. First Financial engages in the business of commercial banking and other banking and banking-related activities through its wholly owned subsidiary, First Financial Bank. The range of banking services provided by First Financial to individuals and businesses includes commercial lending, real estate lending, and consumer financing. In addition, a full range of trust and wealth management services is also provided through First Financial’s Wealth Management division. First Financial Bank was incorporated in 1863 and is based in Cincinnati, Ohio.


M&A Summary

Buy vs Sell

Year ≤ '17 '18 '19 '20 '21 '22 T
Buy (0.4/yr) # 9 - 1 - 1 - 11
vol $1.1B $1.1B
Sell (0.0/yr) # 3 - - - - - 3
vol $32M $32M
  14

Most Recent M&A

Company Date Value Type
Summit Funding Group, Inc. 2021-12-07 - Add-on Acquisition
Mason, Ohio · summit-funding.com
Bannockburn Global Forex LLC 2019-06-19 - Add-on Acquisition
Cincinnati, Ohio · www.bbgfx.com
MainSource Financial Group, Inc. 2017-07-25 1.0B USD Merger
Greensburg, Indiana · www.mainsourcefinancial.com
Oak Street Funding LLC 2015-08-14 - Add-on Acquisition
Carmel, Indiana · www.oakstreetfunding.com
The Guernsey Bank 2014-08-21 14M USD Add-on Acquisition
Worthington, Ohio · www.guernseybank.com
Insight Bank 2013-12-20 21M USD Add-on Acquisition
Worthington, Ohio · www.insightbank.com
The First Bexley Bank 2013-12-18 45M USD Add-on Acquisition
Bexley,, Ohio · www.firstbexleybank.com
Liberty Savings Bank, F.S.B. 2013-02-20 12M USD Divestiture
Wilmington, Ohio · www.libertysavingsbank.com
Flagstar Bank, FSB, 22 Retail Banking Branches 2011-08-16 - Divestiture
, Indiana
Liberty Savings Bank, F.S.B. 2011-06-03 - Add-on Acquisition
Wilmington, Ohio · www.libertysavingsbank.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 11 (100%) 1.1B (100%) 2 (67%) 32M (100%)
Internet Software and Services - - 1 (33%) -
Total 11 $1.1B 3 $32M

By Geo

State/Country Buy Value Sell Value
United States 11 1.1B 3 32M
  Ohio 7 79M 1 12M
  Indiana 4 1.0B 1 20M
Total 11 $1.1B 3 $32M

Top M&A Advisors

Financial Deals
Lazard Ltd.
2
Raymond James - Investment Banking
1
Sandler O'Neill + Partners LP
1
Legal Deals
Squire Sanders
2
Squire Patton Boggs
2
Vorys, Sater, Seymour and Pease LLP
1

Deal Values

buy # Total
> $1B 1 $1.0B
< $100M 3 $79M
TOTAL $1.1B
Largest MainSource Financial Group, Inc.
$1.0B (2017-07-25)
sell # Total
< $100M 2 $32M
TOTAL $32M
Largest Fidelity Federal Savings Bank
$20M (2005-09-20)

M&A Connections

Deals
Acquired from
Investor(s)
18%
2 (18%)
Strategic(s)
9%
1 (9%)
Divested to
Strategic(s)
100%
3 (100%)

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