First Financial Bancorp downgraded
Shares of First Financial Bancorp (Nasdaq:FFBC) are cheaper on news before the opening that the bank holding company has been downgraded to “underperform” from “market perform” by investment bank Keefe, Bruyette & Woods. Hamilton, Ohio-based First Financial has little potential for earnings growth, according to news reports of a research note published before the opening.
At 12:50 p.m. ET, the stock had declined $0.43, or 3%, to $12.43. For detailed price information and recent news stories about First Financial, click FFBC.
