First Financial Plans to Close BankFinancial Deal Today, Bringing New Retail Banking Options to Chicago
SHERIDAN, WYOMING – January 1, 2026 – First Financial Bancorp. says it will close its previously announced all-stock acquisition of Chicago-based BankFinancial Corporation, expanding into the Chicago market with its first retail consumer-focused locations there.
What’s Happening and Why Chicago Is the Center of This Deal
First Financial Bancorp. (Nasdaq: FFBC) announced that the acquisition is scheduled to close on January 1, 2026. The company says the transaction expands its presence in the Chicago market by adding consumer-facing retail locations, marking a new step for a bank that has been steadily growing its Midwest footprint.
The announcement frames the deal as both a scale move and a market move. With BankFinancial, First Financial says it gains a strong core deposit franchise and an on-the-ground presence in the Chicago area through BankFinancial’s network of financial centers.