FIRST COMMONWEALTH FINANCIAL CORPORATION

First Commonwealth Financial Corporation

FCF

US3198291078

Banks

Real-time Estimate Cboe BZX Other stock markets 16:12:52 23/05/2024 BST			5-day change	1st Jan Change
13.7 ^USD	-0.94%		-3.12%	-11.40%

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

First Commonwealth Financial Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

July 25, 2023 at 10:00 pm

First Commonwealth Financial Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 97.82 million compared to USD 73.66 million a year ago. Net income was USD 42.78 million compared to USD 30.75 million a year ago. Diluted earnings per share from continuing operations was USD 0.42 compared to USD 0.33 a year ago.
For the six months, net interest income was USD 192.18 million compared to USD 141.83 million a year ago. Net income was USD 73.01 million compared to USD 58.48 million a year ago. Diluted earnings per share from continuing operations was USD 0.72 compared to USD 0.62 a year ago.

Latest news about First Commonwealth Financial Corporation

Transcript : First Commonwealth Financial Corporation, Q1 2024 Earnings Call, Apr 24, 2024	04-24
First Commonwealth Financial's Q1 Core Earnings, Revenue Decline; Quarterly Dividend Raised	04-23	MT
First Commonwealth Financial Corporation Declares Common Stock Quarterly Dividend , Payable on May 17,2024	04-23	CI
Tranche Update on First Commonwealth Financial Corporation's Equity Buyback Plan announced on October 26, 2021.	04-23	CI
Earnings Flash (FCF) FIRST COMMONWEALTH FINANCIAL CORPORATION Posts Q1 Revenue $116.6M, vs. Street Est of $120M	04-23	MT
Earnings Flash (FCF) FIRST COMMONWEALTH FINANCIAL CORPORATION Reports Q1 EPS $0.37, vs. Street Est of $0.36	04-23	MT
First Commonwealth Financial Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	04-23	CI
Regional Banks Showing Consistent First-Quarter Trends With Upcoming Margin Trough, RBC Says	04-09	MT
S&P Revises Rating Outlooks for 5 US Regional Banks to Negative	03-27	MT
S&P Global downgrades outlooks on five regional US banks to 'negative'	03-26	RE
Stephens Adjusts Price Target on First Commonwealth Financial to $15.50 From $16.50, Keeps Overweight Rating	02-06	MT
Transcript : First Commonwealth Financial Corporation, Q4 2023 Earnings Call, Jan 31, 2024	01-31
First Commonwealth Financial Q4 Core Earnings, Revenue Rise; Shares Fall After Hours	01-30	MT
Tranche Update on First Commonwealth Financial Corporation's Equity Buyback Plan announced on October 26, 2021.	01-30	CI
First Commonwealth Financial Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	01-30	CI
Earnings Flash (FCF) FIRST COMMONWEALTH FINANCIAL CORPORATION Posts Q4 Revenue $120.4M, vs. Street Est of $123.7M	01-30	MT
Earnings Flash (FCF) FIRST COMMONWEALTH FINANCIAL CORPORATION Posts Q4 EPS $0.44, vs. Street Est of $0.39	01-30	MT
First Commonwealth Financial Corporation Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023	01-30	CI
First Commonwealth Financial Corporation Declares Quarterly Dividend, Payable on February 23, 2024	01-30	CI
RBC Raises Price Target on First Commonwealth Financial to $17 From $14, Keeps Outperform Rating	01-10	MT
RBC Trims Price Target on First Commonwealth Financial to $14 From $15, Keeps Outperform Rating	26/10/23	MT
Transcript : First Commonwealth Financial Corporation, Q3 2023 Earnings Call, Oct 25, 2023	25/10/23
First Commonwealth Financial Q3 Core Earnings, Revenue Rise	24/10/23	MT
Earnings Flash (FCF) FIRST COMMONWEALTH FINANCIAL CORPORATION Reports Q3 Revenue $123M, vs. Street Est of $124M	24/10/23	MT
Earnings Flash (FCF) FIRST COMMONWEALTH FINANCIAL CORPORATION Reports Q3 EPS $0.39, vs. Street Est of $0.40	24/10/23	MT

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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

22/07/2024 - Q2 2024 Earnings Release (Projected)

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Russell 2000

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Ratings for First Commonwealth Financial Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

13.83 USD

Average target price

15.92 USD

Spread / Average Target

+15.09%

Consensus

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Quarterly earnings - Rate of surprise

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