FIRST COMMONWEALTH FINANCIAL CORPORATION

First Commonwealth Financial Corporation

FCF

US3198291078

Banks

Market Closed - Nyse Other stock markets 01:30:02 03/07/2024 am IST			5-day change	1st Jan Change
14.03 ^USD	+1.74%		+6.85%	-9.13%

24/04	Transcript : First Commonwealth Financial Corporation, Q1 2024 Earnings Call, Apr 24, 2024
23/04	First Commonwealth Financial's Q1 Core Earnings, Revenue Decline; Quarterly Dividend Raised	MT

First Commonwealth Financial Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022

January 25, 2023 at 03:30 am IST

First Commonwealth Financial Corporation reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported net interest income was USD 88.03 million compared to USD 70.25 million a year ago. Net income was USD 35.73 million compared to USD 34.78 million a year ago. Diluted earnings per share from continuing operations was USD 0.38 compared to USD 0.37 a year ago.
For the full year, net interest income was USD 312.22 million compared to USD 278.54 million a year ago. Net income was USD 128.18 million compared to USD 138.26 million a year ago. Diluted earnings per share from continuing operations was USD 1.37 compared to USD 1.44 a year ago.

Latest news about First Commonwealth Financial Corporation

Transcript : First Commonwealth Financial Corporation, Q1 2024 Earnings Call, Apr 24, 2024	24/04
First Commonwealth Financial's Q1 Core Earnings, Revenue Decline; Quarterly Dividend Raised	23/04	MT
First Commonwealth Financial Corporation Declares Common Stock Quarterly Dividend , Payable on May 17,2024	23/04	CI
Tranche Update on First Commonwealth Financial Corporation's Equity Buyback Plan announced on October 26, 2021.	23/04	CI
Earnings Flash (FCF) FIRST COMMONWEALTH FINANCIAL CORPORATION Posts Q1 Revenue $116.6M, vs. Street Est of $120M	23/04	MT
Earnings Flash (FCF) FIRST COMMONWEALTH FINANCIAL CORPORATION Reports Q1 EPS $0.37, vs. Street Est of $0.36	23/04	MT
First Commonwealth Financial Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	23/04	CI
Regional Banks Showing Consistent First-Quarter Trends With Upcoming Margin Trough, RBC Says	10/04	MT
S&P Revises Rating Outlooks for 5 US Regional Banks to Negative	27/03	MT
S&P Global downgrades outlooks on five regional US banks to 'negative'	27/03	RE
Stephens Adjusts Price Target on First Commonwealth Financial to $15.50 From $16.50, Keeps Overweight Rating	06/02	MT
Transcript : First Commonwealth Financial Corporation, Q4 2023 Earnings Call, Jan 31, 2024	01/02
First Commonwealth Financial Q4 Core Earnings, Revenue Rise; Shares Fall After Hours	31/01	MT
Tranche Update on First Commonwealth Financial Corporation's Equity Buyback Plan announced on October 26, 2021.	31/01	CI
First Commonwealth Financial Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	31/01	CI
Earnings Flash (FCF) FIRST COMMONWEALTH FINANCIAL CORPORATION Posts Q4 Revenue $120.4M, vs. Street Est of $123.7M	31/01	MT
Earnings Flash (FCF) FIRST COMMONWEALTH FINANCIAL CORPORATION Posts Q4 EPS $0.44, vs. Street Est of $0.39	31/01	MT
First Commonwealth Financial Corporation Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023	31/01	CI
First Commonwealth Financial Corporation Declares Quarterly Dividend, Payable on February 23, 2024	31/01	CI
RBC Raises Price Target on First Commonwealth Financial to $17 From $14, Keeps Outperform Rating	10/01	MT
RBC Trims Price Target on First Commonwealth Financial to $14 From $15, Keeps Outperform Rating	26/23/26	MT
Transcript : First Commonwealth Financial Corporation, Q3 2023 Earnings Call, Oct 25, 2023	25/23/25
First Commonwealth Financial Q3 Core Earnings, Revenue Rise	25/23/25	MT
Earnings Flash (FCF) FIRST COMMONWEALTH FINANCIAL CORPORATION Reports Q3 Revenue $123M, vs. Street Est of $124M	25/23/25	MT
Earnings Flash (FCF) FIRST COMMONWEALTH FINANCIAL CORPORATION Reports Q3 EPS $0.39, vs. Street Est of $0.40	25/23/25	MT

Chart First Commonwealth Financial Corporation

Duration

Period

Chart First Commonwealth Financial Corporation

More charts

Company Profile

First Commonwealth Financial Corporation is a financial holding company. The Companyâs operating subsidiaries include First Commonwealth Bank (the Bank), First Commonwealth Insurance Agency, Inc. (FCIA) and FRAMAL. It provides a diversified array of consumer and commercial banking services through its bank subsidiary, FCB. It also provides trust and wealth management services through FCB and offer insurance products through FCIA. The Bank operated 126 community banking offices in 30 counties throughout western and central Pennsylvania and throughout Ohio, as well as commercial lending operations in Harrisburg, Pennsylvania, and Canton, Cleveland, Columbus, Canfield and Hudson, Ohio. The Bank also operates a network of 138 automated teller machines. All of its ATMs are part of the NYCE and MasterCard/Cirrus networks, both of which operate nationwide. The Bank is a member of the Allpoint ATM network, which allows surcharge-free access to over 55,000 ATMs.

Sector

Banks

Calendar

23/07/2024 - Q2 2024 Earnings Release (Projected)

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for First Commonwealth Financial Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

13.79 USD

Average target price

15.92 USD

Spread / Average Target

+15.42%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Banks

	1st Jan change	Capi.
FIRST COMMONWEALTH FINANCIAL CORPORATION	-9.13%	1.41B
JPMORGAN CHASE & CO.	+22.77%	590B
BANK OF AMERICA CORPORATION	+21.56%	313B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+24.35%	267B
CHINA CONSTRUCTION BANK CORPORATION	+26.02%	188B
BANK OF CHINA LIMITED	+29.53%	177B
HSBC HOLDINGS PLC	+8.40%	160B
HDFC BANK LIMITED	+1.25%	155B
ROYAL BANK OF CANADA	+9.68%	150B
COMMONWEALTH BANK OF AUSTRALIA	+12.40%	140B

Other Banks