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
Location
Ohio, United States
Transaction Type
Divestiture

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