Kroll Bond Rating Agency affirmed First Financial Bancorp.'s BBB+ senior unsecured, BBB subordinated and K2 short-term debt ratings.
Also affirmed were the deposit and senior unsecured debt ratings of A-, subordinated debt rating of BBB+ and short-term deposit and debt ratings of K2 for First Financial unit First Financial Bank.
All long-term ratings have a stable outlook.
Supporting the ratings are the Cincinnati-based company's "solid core deposit base, stable asset quality metrics, and history of strong profitability," as well as its "comprehensive risk management system and experienced management team," according to Kroll.