First Financial Bancorp

NASDAQ FFBC

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First Financial Bancorp Accounts Payable Turnover Ratio for the year ending December 31, 2023

First Financial Bancorp Accounts Payable Turnover Ratio is NA for the year ending December 31, 2023. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues.

First Financial Bancorp Accounts Payable Turnover Ratio for the year ending December 31, 2022 was 1.13, a -10.77% change year over year.
First Financial Bancorp Accounts Payable Turnover Ratio for the year ending December 31, 2021 was 1.27, a 1.31% change year over year.
First Financial Bancorp Accounts Payable Turnover Ratio for the year ending December 31, 2020 was 1.25, a -34.36% change year over year.
First Financial Bancorp Accounts Payable Turnover Ratio for the year ending December 31, 2019 was 1.91, a -46.02% change year over year.

NASDAQ: FFBC

First Financial Bancorp

CEO	Mr. Archie M. Brown Jr.
IPO Date	March 26, 1990
Location	United States
Headquarters	255 East Fifth Street, Cincinnati, OH, United States, 45202
Employees	2,116
Sector	Financial Services
Industry	Banks - regional

Description

First Financial Bancorp. operates as the bank holding company for First Financial Bank that provides commercial banking and related services to individuals and businesses in Ohio, Indiana, Kentucky, and Illinois. The company offers checking, savings, and money-market accounts; and accepts various deposit products, such as interest-bearing and non-interest-bearing accounts, time deposits, and cash management services for commercial customers. It also provides real estate loans secured by residential property, such as one to four family residential housing units or commercial property comprising owner-occupied and/or investor income producing real estate consisting of apartments, shopping centers, and office buildings; commercial and industrial loans for various purposes, including inventory, receivables, and equipment, as well as equipment and leasehold improvement financing for franchisees; consumer loans comprising new and used vehicle loans, second mortgages on residential real estate, and unsecured loans; and home equity lines of credit. In addition, the company offers commercial financing to the insurance industry, registered investment advisors, certified public accountants, indirect auto finance companies, and restaurant franchisees. Further, it provides a range of trust and wealth management services; lease and equipment financing services; and currency payments, foreign exchange hedging, and other advisory products. First Financial Bancorp. was founded in 1863 and is headquartered in Cincinnati, Ohio.

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