First Financial Bancorp to Acquire Westfield Bancorp from Ohio Farmers Insurance Company
June 23, 2025
Ohio Farmers Insurance Company, Westfield’s parent, has entered into a definitive agreement to sell Westfield Bancorp to First Financial Bancorp in a cash-and-stock transaction valued at $325 million. The deal would transfer 100% of Westfield Bancorp’s stock and is expected to close in Q4 2025, subject to regulatory approvals and customary closing conditions.
- Buyers
- First Financial Bancorp
- Targets
- Westfield Bancorp
- Sellers
- Ohio Farmers Insurance Company
- Industry
- Financial Services
- Location
- Ohio, United States
- Transaction Type
- Divestiture
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