Second Debt Consolidation Mortgage
First Financial Bancorp Reports Second-Quarter 2006 Earnings
HAMILTON, Ohio, July 28 /PRNewswire-FirstCall/ -- First Financial Bancorp FFBC president and chief executive officer, Claude E. Davis, today announced second-quarter 2006 earnings of $4,358,000 or 11 cents in diluted earnings per share, compared to $9,889,000 or 23 cents in diluted earnings per share for the same period in 2005. First Financial also announced year-to- date earnings of $8,325,000 or 21 cents in diluted earnings per share, compared to $20,615,000 or 47 cents in diluted earnings per share for the same period in 2005.
Earnings from continuing operations was $4,358,000 or 11 cents per diluted share and $9,623,000 or 22 cents per diluted share for the second quarter of 2006 and 2005, respectively. Year-to-date earnings from continuing operations was $8,325,000 and $20,155,000 for 2006 and 2005, respectively.
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Debt consolidation
Any copywriter worth his salt has to come up with extreme metaphors to describe the amount of personal debt in the UK. The current favourite is debt mountain, which really gives the impression of the scale of the problem. With personal debt running at 1.5 trillion and increasing, there must be concern as to what image can take the place of mountain if we get to 2 trillion. As its exploding, a debt volcano perhaps?
The very real personal debt issue is becoming a reality for more and more people as they exhaust their credit limits and find further sources of credit harder to come by. The need for advice has never been greater and it is no surprise that the majority of secured loans, including mortgages, arranged to cope with consolidation are sold by intermediaries, while the majority of unsecured loans are provided by high-street banks and building societies.
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