M&A Deal Summary

First Financial Bank Acquires The First Bexley Bank

On December 18, 2013, First Financial Bank acquired financial services company The First Bexley Bank for 45M USD

Acquisition Highlights
  • This is First Financial Bank’s 5th transaction in the Financial Services sector.
  • This is First Financial Bank’s 2nd largest (disclosed) transaction.
  • This is First Financial Bank’s 5th transaction in the United States.
  • This is First Financial Bank’s 3rd transaction in Ohio.

M&A Deal Summary
Date 2013-12-18
Target The First Bexley Bank
Sector Financial Services
Buyer(s) First Financial Bank
Deal Type Add-on Acquisition
Deal Value 45M USD
Advisor(s) Keefe, Bruyette, & Woods, Inc. (Financial)
Patton Boggs LLP (Legal)

Target

The First Bexley Bank

Bexley,, Ohio, United States
The First Bexley Bank is a provider of banking and financial services to individuals and commercial customers in Franklin County and its surrounding areas in Central Ohio from its full-service banking location in Bexley, Ohio.

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Buyer(S) 1

Buyer

First Financial Bank

Cincinnati, Ohio, United States
Category Company
Founded 1863
Sector Financial Services
Employees2,108
Revenue 709M USD (2022)
DESCRIPTION

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.

DEAL STATS #
Overall 5 of 11
Sector (Financial Services) 5 of 11
Type (Add-on Acquisition) 4 of 9
State (Ohio) 3 of 7
Country (United States) 5 of 11
Year (2013) 1 of 2
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-20 Liberty Savings Bank F.S.B.

Wilmington, Ohio, United States

Liberty Savings Bank, F.S.B. is a provider of federal savings bank services.

Sell $12M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-20 Insight Bank

Worthington, Ohio, United States

Insight Bank provides banking and financial services to individuals and commercial customers in Franklin and Delaware Counties and their surrounding areas in Central Ohio. Insight has one full-service banking location in Worthington, Ohio, and a mortgage origination office in Newark, Ohio.

Buy $21M
Mergr

Product

Company

Legal