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.

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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) delivered earnings and revenue surprises of 17.39% and 4.18%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

First Commonwealth Financial (FCF) Surpasses Q4 Earnings and Revenue Estimates

Shares of First Commonwealth (NYSE:FCF) were unchanged in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were unchanged 0.00% year over year to $0.27, which beat the estimate of $0.23.

Recap: First Commonwealth Q4 Earnings

INDIANA, Pa., Jan. 26, 2021 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) today announced financial results for the fourth quarter and full year 2020.

First Commonwealth Announces Fourth Quarter and Full Year 2020 Earnings; Declares Quarterly Dividend and Announces Share Repurchase Program

First Commonwealth (FCF) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for First Commonwealth (FCF)

INDIANA, Pa., Jan. 12, 2021 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) announced today that it will host a conference call on Wednesday, January 27, 2021 at 2:00 p.m. Eastern Time to discuss financial results for the quarter and year ended December 31, 2020. 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 Fourth Quarter and Full Year 2020 financial results after the market closes on Tuesday, January 26, 2021.

First Commonwealth to Host Fourth Quarter and Full Year 2020 Earnings Conference Call on Wednesday, January 27, 2021

INDIANA, Pa., Nov. 23, 2020 (GLOBE NEWSWIRE) -- As part of its “Share the Warmth” holiday campaign First Commonwealth Bank has made a $100,000 donation to Dollar Energy Fund, assisting those who are unable to pay their utility bills this upcoming winter season. With dollar-for-dollar matching support from partner energy companies, the $200,000 will assist over 550 families in First Commonwealth Bank's footprint in Ohio and Pennsylvania.

First Commonwealth Bank Partners with Dollar Energy Fund to provide over $200,000 in Utility Assistance this Winter

First Commonwealth reported a $0.20 EPS in Q3, handsomely covering the $0.11 dividend. The loan book appears to be well diversified and heavily focusing on real estate assets with an acceptable LTV ratio.

First Commonwealth Financial Offers A 5.2% Yield - Value Or A Value Trap?

First Commonwealth Financial Corporation (FCF) CEO Mike Price on Q3 2020 Results - Earnings Call Transcript

First Commonwealth Financial (FCF) delivered earnings and revenue surprises of 4.35% and 1.71%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

First Commonwealth Financial (FCF) Beats Q3 Earnings and Revenue Estimates

First Commonwealth Financial (FCF) possesses 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) Expected to Beat Earnings Estimates: Should You Buy?

INDIANA, Pa., Oct. 08, 2020 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) announced today that it will host a conference call on Wednesday, October 28, 2020 at 2:00 p.m. Eastern Time to discuss financial results for the quarter ended September 30, 2020. 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 2020 financial results after the market closes on Tuesday, October 27, 2020.

First Commonwealth to Host Third Quarter 2020 Earnings Conference Call on Wednesday, October 28, 2020

First Commonwealth Financial Corporation (FCF) CEO Mike Price on Q2 2020 Results - Earnings Call Transcript

First Commonwealth Financial (FCF) delivered earnings and revenue surprises of 140.00% and 1.41%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

First Commonwealth Financial (FCF) Q2 Earnings and Revenues Top Estimates

INDIANA, Pa., July  28, 2020  (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) today announced financial results for the second quarter of 2020.

First Commonwealth Announces Second Quarter 2020 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.

Analysts Estimate First Commonwealth Financial (FCF) to Report a Decline in Earnings: What to Look Out for

Is First Commonwealth Financial Corporation (FCF) a great pick from the value investor's perspective right now? Read on to know more.

Is First Commonwealth (FCF) a Profitable Stock To Pick Now?

First Commonwealth Financial's (FCF) CEO Mike Price on Q1 2020 Results - Earnings Call Transcript

First Commonwealth Financial (FCF) delivered earnings and revenue surprises of -73.68% and -2.33%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

First Commonwealth Financial (FCF) Q1 Earnings and Revenues Lag Estimates

INDIANA, Pa., March  03, 2020  (GLOBE NEWSWIRE) --  First Commonwealth Bank  has been recognized by the Federal Deposit Insurance Corporation’s (FDIC)   Money Smart   Success Stories-Winter 2020 edition for having the Impactful Money Smart for Adults Partnership of the Year. First Commonwealth was one of only four institutions nationwide recognized by the FDIC for their work to expand financial education and support healthy banking relationships. First Commonwealth partnered with Goodwill of Southwestern Pennsylvania to provide financial education for participants in Goodwill's Community Reintegration program. This program enables nonviolent offenders to resume their careers and return to the workforce while getting help reintegrating into the community.

First Commonwealth Bank’s Financial Literacy Program Recognized by FDIC as Part of Winter 2020’s Success Stories

First Commonwealth Financial Corporation (FCF) CEO Mike Price on Q4 2019 Results - Earnings Call Transcript

First Commonwealth Financial (FCF) delivered earnings and revenue surprises of -3.57% and 0.13%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

First Commonwealth Financial (FCF) Q4 Earnings Miss Estimates

Let's see if First Commonwealth (FCF) stock is a good choice for value-oriented investors right now from multiple angles.

Should Value Investors Pick First Commonwealth (FCF) Stock?

First Commonwealth Financial Corporation (FCF) CEO Mike Price on Q3 2019 Results - Earnings Call Transcript

First Commonwealth Financial (FCF) delivered earnings and revenue surprises of 7.14% and -0.21%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

First Commonwealth Financial (FCF) Q3 Earnings Top Estimates

INDIANA, Pa., Oct.  29, 2019  (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) today announced financial results for the third quarter of 2019.

News for First Commonwealth Financial Stock (FCF)