First Financial Bank, Cincinnati, completed its acquisition of BankFinancial, Chicago, effective Jan. 1, in an all-stock transaction valued at $142 million. The acquisition adds 18 financial centers in Illinois and northwest Indiana to First Financial’s portfolio and brings its total assets to $22 billion.
This comes just two months after First Financial completed its acquisition of Westfield Bank FSB, Westfield Center, Ohio, in a cash and stock transaction valued at $325 million.
The conversion process to consolidate Westfield products, processes and operating systems into First Financial’s was expected to wrap up in the first quarter of 2026. The BankFinancial conversion is expected to be completed in June.
