In the Q1, First Financial Bancorp's corporate clients experienced a reduction by -1.97 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -2.16 %. During the corresponding time, First Financial Bancorp recorded a revenue increase by 37.2 % year on year, sequentially revenue grew by 15.01 %. While revenue at the First Financial Bancorp's corporate clients fell by -3.81 % year on year, sequentially revenue fell by -4.95 %.
Customers of First Financial Bancorp saw their costs of revenue decrease by -1.97 % in Q1 compare to a year ago, sequentially costs of revenue were trimmed by -2.16 %, for the same period First Financial Bancorp recorded revenue increase by 37.2 % year on year, sequentially revenue grew by 15.01 %.
First Financial Bancorp's Comment on Sales, Marketing and Customers
First Financial, through the regionalization efforts and business model of the
Bank, delivers a community banking philosophy to its clients. First Financial
currently serves a combination of metropolitan and non-metropolitan markets through
its full-service banking centers primarily in Indiana, Ohio, and Kentucky. Market
selection is based upon a number of factors, but markets are primarily chosen
for their potential for growth, long-term profitability, and customer reach. First
Financial’s goal is to develop a competitive advantage through a local market
focus, building long-term relationships with clients and helping them reach greater
levels of financial success.
First Financial Bancorp’s Comment on Sales, Marketing and Customers
First Financial, through the regionalization efforts and business model of the
Bank, delivers a community banking philosophy to its clients. First Financial
currently serves a combination of metropolitan and non-metropolitan markets through
its full-service banking centers primarily in Indiana, Ohio, and Kentucky. Market
selection is based upon a number of factors, but markets are primarily chosen
for their potential for growth, long-term profitability, and customer reach. First
Financial’s goal is to develop a competitive advantage through a local market
focus, building long-term relationships with clients and helping them reach greater
levels of financial success.
Sources:
First Financial Bancorp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: First Financial Bancorp’s corporate clients.
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