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First Commonwealth Financial Corporation

First Commonwealth Financial Corporation

NYSE•FCF
CEO: Mr. Thomas Michael Price
Sector: Financial Services
Industry: Banks - Regional
Listing Date: 1992-06-10
First Commonwealth Financial Corporation, a financial holding company, provides various consumer and commercial banking services in the United States. Its consumer services include personal checking accounts, interest-earning checking accounts, savings and health savings accounts, insured money market accounts, debit cards, investment certificates, fixed and variable rate certificates of deposit, mortgage loans, secured and unsecured installment loans, construction and real estate loans, safe deposit facilities, credit cards, credit lines with overdraft checking protection, IRA accounts, and automated teller machine (atm) services, as well as internet, mobile, and telephone banking services. The company's commercial banking services comprise commercial lending, business checking accounts, online account management services, payroll direct deposits, commercial cash management services, and repurchase agreements, as well as ACH origination services. In addition, it offers various trust and asset management services; auto, home, and business insurance, as well as term life insurance; and annuities, mutual funds, and stock and bond brokerage services through a broker-dealer and insurance brokers. The company was founded in 1934 and is headquartered in Indiana, Pennsylvania.
Contact Information
601 Philadelphia Street, Indiana, PA, 15701, United States
724-349-7220
www.fcbanking.com
Market Cap
$1.78B
P/E (TTM)
12.6
14.6
Dividend Yield
3.1%
52W High
$18.41
52W Low
$13.54
52W Range
75%
Rank39Top 29.7%
4.6
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$187.57M+4.77%
4-Quarter Trend

EPS

$0.39+25.81%
4-Quarter Trend

FCF

$59.90M+19.24%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Net Income Rises Slightly Nine-month net income reached $107.4M, stable EPS at $1.04, driven by strong NII growth offsetting higher provisioning.
Strong Net Interest Income Growth FTE NII increased 10.2% to $313.9M for nine months; NIM expanded 24 basis points to 3.79% year-over-year.
Loan Portfolio Expansion Total loans grew $704.5M (including $292.6M from Center acquisition); total assets reached $12.31B.
Solid Capital Adequacy CET1 ratio remains strong at 11.96% for the Corporation, well exceeding regulatory minimum requirements.

Risk Factors

Asset Quality Deterioration NPL ratio increased to 0.91% as of September 30, 2025, up from 0.68% at year-end 2024, driven by specific commercial credits.
Noninterest Expense Inflation Nine-month noninterest expense rose 9% ($19.0M increase), primarily due to a $10.5M increase in salaries and benefits expense.
Increased Credit Loss Provisioning Total provision for credit losses increased $7.0M year-over-year, reflecting portfolio growth and $3.4M Day 1 acquisition provisioning.
Commercial Real Estate Concentration CRE loans comprise 35% of the total loan portfolio; non-pass CRE loans totaled $111.0M at period end.

Outlook

Monitoring Credit Quality Trends Management actively monitors credit risk, noting increased criticized loans ($248.2M) and nonperforming assets post-acquisition.
Managing Interest Rate Sensitivity Gap analysis shows positive sensitivity to rising rates (+200 bps yields $22.6M NII increase), but risk remains.
Integration of Recent Acquisition Full integration of Center acquisition is ongoing; management notes $4.2M in related merger expenses incurred year-to-date.
Future Tax Rate Uncertainty Evaluating income tax implications of new federal legislation; no material impact expected currently, but monitoring continues.

Peer Comparison

Revenue (TTM)

Northwest Bancshares, Inc.NWBI
$846.27M
+15.8%
OFG BancorpOFG
$843.88M
+3.5%
Banco Latinoamericano de Comercio Exterior, S. A.BLX
$817.91M
+2.5%

Gross Margin (Latest Quarter)

National Bank Holdings CorporationNBHC
72.0%
+5.7pp
Stellar Bancorp, Inc.STEL
70.0%
-2.0pp
OFG BancorpOFG
66.0%
-3.5pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
NWBI$1.86B15.96.7%3.7%
OFG$1.85B9.415.2%4.8%
CHCO$1.82B14.211.3%7.8%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
2.3%
Moderate Growth
4Q Net Income CAGR
4.9%
Profitability Slowly Improving
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Jan 27, 2026
|
EPS:$0.42
|
Revenue:$136.00M
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 10, 2025|
    Revenue: $187.57M+4.8%
    |
    EPS: $0.39+25.8%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 11, 2025|
    Revenue: $183.60M+4.4%
    |
    EPS: $0.32-11.1%
    Beat
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 12, 2025|
    Revenue: $169.63M+0.1%
    |
    EPS: $0.32-13.5%
    Meet
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Mar 3, 2025|
    Revenue: $699.69M+11.7%
    |
    EPS: $1.40-9.7%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 12, 2024|
    Revenue: $179.02M+8.7%
    |
    EPS: $0.31-18.4%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 9, 2024|
    Revenue: $175.82M+12.9%
    |
    EPS: $0.36-14.3%
    Meet
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 7, 2024|
    Revenue: $169.45M+23.2%
    |
    EPS: $0.37+27.6%
    Beat
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 29, 2024|
    Revenue: $626.61M+46.2%
    |
    EPS: $1.55+13.1%
    Beat