Friday, 16 September 2011

First Financial eyeing more acquisitions but will stick to plan

The news that First Financial Bancorp is the first bank in the country to get regulatory approval to pay out 100 percent of its earnings in dividends to shareholders doesn?t mean its expansion plans are on hold.

CEO Claude Davis said First Financial is working to close and integrate two acquisitions now. The deal to acquire 22 Flagstar Bank branches in Indianapolis and elsewhere in the state and the acquisition of 16 Liberty Savings Bank branches, mostly near Dayton, should both close by year-end...

Source: http://feeds.bizjournals.com/~r/bizj_cincinnati/~3/7yxgQTIPdzs/first-financial-eyeing-more.html

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