First Commonwealth Financial

First Commonwealth Financial Corp. is a financial holding company, which engages in the provision of a diversified array of consumer and commercial banking services through its bank subsidiary, First Commonwealth Bank (FCB). It also offers trust and wealth management services and insurance products through FCB and its other operating subsidiaries. The firm's consumer services include Internet, mobile, and telephone banking, an automated teller machine network, personal checking accounts, interest-earning checking accounts, savings accounts, insured money market accounts, debit cards, investment certificates, fixed and variable rate certificates of deposit, secured and unsecured installment loans, construction and real estate loans, safe deposit facilities, credit lines with overdraft checking protection, and IRA accounts. Its commercial banking services include commercial lending, small and high-volume business checking accounts, on-line account management services, ACH origination, payroll direct deposit, commercial cash management services and repurchase agreements. The company was founded on November 15, 1982 and is headquartered in Indiana, PA.

Earnings data Q1 2021

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Earnings data Q2 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

First Commonwealth Financial reports record profitability and robust loan growth

First Commonwealth Financial delivered a strong fourth quarter performance, marked by record profitability and robust loan growth, despite facing challenges in fee income and deposit costs.
The bank's focus on maintaining strong asset quality, expanding its equipment finance business, and enhancing customer relationships positions it well for future growth opportunities.
By leveraging opportunities in acquisitions, regional market growth, and strategic capital allocation, First Commonwealth Financial aims to drive sustainable growth and enhance shareholder value in the coming year.

First Commonwealth Financial beats earnings, eyes strategic growth and stability

First Commonwealth Financial delivered strong performance, exceeding earnings expectations and successfully closing the Centric Bank acquisition.
While facing challenges such as declining non-interest income and rising expenses, the company aims to optimize deposit composition and manage interest rate risks effectively.
Opportunities lie in historical loan growth trends, strategic lending focus areas, and efforts to enhance customer loyalty and deposit flows within the bank.
Overall, the company's cautious approach to share buybacks and strategic deployment of excess cash into securities position it well for future growth and stability.

First Commonwealth Financial beats earnings estimates, eyes acquisition opportunities

First Commonwealth Financial delivered strong financial results in Q2 2023, exceeding earnings expectations and showcasing growth in key income streams.
While facing challenges such as rising noninterest expenses and credit resolution, the company demonstrated resilience and stability in its operations.
With a focus on seizing acquisition opportunities and managing tax implications, First Commonwealth Financial remains optimistic about its future growth trajectory.

First Commonwealth Financial posts solid Q3 results amidst digital growth

First Commonwealth Financial's Q3 2023 showed strong financial performance, driven by digital adoption and improving loan yields. Challenges include slight uptick in auto loan delinquencies and specific reserves for property loans. Opportunities lie in deposit growth, excess cash deployment, and strategic M&A moves.

First Commonwealth Financial posts solid Q4 results amidst digital focus

First Commonwealth Financial delivered solid financial performance in Q4, with strong loan and deposit growth. The company's focus on digital innovation and cautious risk management strategies position it well for future growth.
Challenges lie in fee income decline, potential NIM compression, and managing expenses amidst market uncertainties. However, opportunities in digital expansion, strategic hires, and M&A activities offer avenues for revenue enhancement.
Overall, First Commonwealth Financial's performance reflects resilience and strategic foresight in navigating evolving market dynamics. With a strong core business and focus on customer-centric initiatives, the company is poised for sustainable growth and value creation.

First Commonwealth Financial beats earnings estimates amidst margin pressure

First Commonwealth Financial navigated challenges from net interest margin pressure to exceed earnings estimates.
Operational efficiency and strategic focus on core deposits and loans position the company for future growth.
While facing challenges like fluctuating hospitalization expenses, the company is proactively building reserves and focusing on digital transformation.
Strategic themes for 2024 underscore a commitment to enhancing loan pricing, C&I lending, and digital capabilities.

First Commonwealth Financial reports stable earnings amidst growth opportunities

First Commonwealth Financial's Q3 performance reflects stable core earnings and strong deposit growth.
While facing challenges from elevated expenses and credit impacts, the bank maintains a focus on customer satisfaction and market presence.
Opportunities lie in revenue growth through noninterest income and fee income enhancements, with strategic considerations for future scenarios.
Overall, First Commonwealth Financial navigates challenges with a focus on growth and profitability in a dynamic market environment.

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First Commonwealth Financial Corp. is a holding company, which engages in the provision of consumer and commercial banking services. The firm is also involved in providing trust and wealth management services and offers insurance products. The company was founded on November 15, 1982 and is headquartered in Indiana, PA.

First Commonwealth Financial (FCF) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in First Commonwealth Financial (FCF): Can Its 5.5% Jump Turn into More Strength?

First Commonwealth Financial Corporation (FCF) Q3 2023 Earnings Call Transcript

Although the revenue and EPS for First Commonwealth Financial (FCF) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

First Commonwealth Financial (FCF) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

First Commonwealth Financial (FCF) came out with quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.37 per share a year ago.

First Commonwealth Financial (FCF) Q3 Earnings and Revenues Lag Estimates

INDIANA, Pa., Oct. 24, 2023 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) today announced financial results for the third quarter of 2023.

First Commonwealth Announces Third Quarter 2023 Earnings; Declares Quarterly Dividend

INDIANA, Pa., Oct. 05, 2023 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) announced today that it will host a conference call on Wednesday, October 25, 2023 at 2:00 p.m. Eastern Time to discuss financial results for the quarter ended September 30, 2023. The call will be hosted by T. Michael Price, President and Chief Executive Officer. He will be joined by James R. Reske, Executive Vice President and Chief Financial Officer, Jane Grebenc, Executive Vice President and Chief Revenue Officer and Brian G. Karrip, Executive Vice President and Chief Credit Officer. First Commonwealth will issue a press release reporting its Third Quarter 2023 financial results after the market closes on Tuesday, October 24, 2023.

First Commonwealth to Host Third Quarter 2023 Earnings Conference Call on Wednesday, October 25, 2023

First Commonwealth Financial Corporation (NYSE:FCF ) Q2 2023 Earnings Conference Call July 26, 2023 2:00 PM ET Company Participants Mike Price - President, Chief Executive Officer Jim Reske - Chief Financial Officer Jane Grebenc - Bank President, Chief Revenue Officer Brian Karrip - Chief Credit Officer Ryan Thomas - Vice President of Finance, Investor Relations Conference Call Participants Daniel Tamayo - Raymond James Karl Shepard - RBC Capital Markets Michael Perito - KBW Manuel Navas - D.A. Davidson Matthew Breese - Stephens Daniel Cardenas - Janney Montgomery Scott Operator Ladies and gentlemen, thank you for standing by, and welcome to the First Commonwealth Financial Corporation, Second Quarter ‘23 Earnings Release Conference Call.

First Commonwealth Financial Corporation (FCF) Q2 2023 Earnings Call Transcript

Although the revenue and EPS for First Commonwealth Financial (FCF) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About First Commonwealth Financial (FCF) Q2 Earnings

First Commonwealth Financial (FCF) came out with quarterly earnings of $0.42 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.33 per share a year ago.

First Commonwealth Financial (FCF) Meets Q2 Earnings Estimates

INDIANA, Pa., July 25, 2023 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) today announced financial results for the second quarter of 2023.

First Commonwealth Announces Second Quarter 2023 Earnings; Declares Quarterly Dividend

First Commonwealth Financial (FCF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

First Commonwealth Financial (FCF) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

INDIANA, Pa., July 07, 2023 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) announced today that it will host a conference call on Wednesday, July 26, 2023 at 2:00 p.m. Eastern Time to discuss financial results for the quarter ended June 30, 2023. The call will be hosted by T. Michael Price, President and Chief Executive Officer. He will be joined by James R. Reske, Executive Vice President and Chief Financial Officer, Jane Grebenc, Executive Vice President and Chief Revenue Officer and Brian G. Karrip, Executive Vice President and Chief Credit Officer. First Commonwealth will issue a press release reporting its Second Quarter 2023 financial results after the market closes on Tuesday, July 25, 2023.

First Commonwealth to Host Second Quarter 2023 Earnings Conference Call on Wednesday, July 26, 2023

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First Commonwealth Financial Corporation (FCF) Q1 2023 Earnings Call Transcript.

First Commonwealth Financial Corporation (FCF) Q1 2023 Earnings Call Transcript

While the top- and bottom-line numbers for First Commonwealth Financial (FCF) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

First Commonwealth Financial (FCF) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

First Commonwealth Financial (FCF) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.29 per share a year ago.

First Commonwealth Financial (FCF) Q1 Earnings Top Estimates

INDIANA, Pa., April 25, 2023 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) today announced financial results for the first quarter of 2023.

First Commonwealth Announces First Quarter 2023 Earnings; Increases Quarterly Dividend

First Commonwealth Financial (FCF) Reports Next Week: Wall Street Expects Earnings Growth

INDIANA, Pa., April 07, 2023 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) announced today that it will host a conference call on Wednesday, April 26, 2023 at 2:00 p.m. Eastern Time to discuss financial results for the quarter ended March 31, 2023. The call will be hosted by T. Michael Price, President and Chief Executive Officer. He will be joined by James R. Reske, Executive Vice President and Chief Financial Officer, Jane Grebenc, Executive Vice President and Chief Revenue Officer and Brian G. Karrip, Executive Vice President and Chief Credit Officer. First Commonwealth will issue a press release reporting its First Quarter 2023 financial results before the market opens on Tuesday, April 25, 2023.

First Commonwealth to Host First Quarter 2023 Earnings Conference Call on Wednesday, April 26, 2023

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Commonwealth Financial (FCF) have what it takes?

First Commonwealth Financial (FCF) Could Be a Great Choice

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First Commonwealth Financial (FCF) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down -19.33% in 4 Weeks, Here's Why You Should You Buy the Dip in First Commonwealth Financial (FCF)

Why First Commonwealth Financial (FCF) is a Great Dividend Stock Right Now

Does First Commonwealth Financial (FCF) have what it takes to be a top stock pick for momentum investors? Let's find out.

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