First Commonwealth Financial Past Earnings Performance

Past criteria checks 4/6

First Commonwealth Financial has been growing earnings at an average annual rate of 11.3%, while the Banks industry saw earnings growing at 14.1% annually. Revenues have been growing at an average rate of 8.1% per year. First Commonwealth Financial's return on equity is 12.3%, and it has net margins of 35%.

Key information

11.3%

Earnings growth rate

11.2%

EPS growth rate

Banks Industry Growth	10.6%
Revenue growth rate	8.1%
Return on equity	12.3%
Net Margin	35.0%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How First Commonwealth Financial makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:FCF Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	470	164	207
31 Dec 23	467	157	206
30 Sep 23	449	148	200
30 Jun 23	434	143	196
31 Mar 23	409	131	189
31 Dec 22	389	128	183
30 Sep 22	385	127	182
30 Jun 22	380	127	180
31 Mar 22	375	126	176
31 Dec 21	386	138	174
30 Sep 21	374	129	173
30 Jun 21	358	114	170
31 Mar 21	351	108	170
31 Dec 20	305	73	171
30 Sep 20	305	75	170
30 Jun 20	311	82	170
31 Mar 20	315	85	169
31 Dec 19	339	105	166
30 Sep 19	337	106	163
30 Jun 19	329	104	161
31 Mar 19	332	109	159
31 Dec 18	327	107	155
30 Sep 18	324	84	157
30 Jun 18	322	81	155
31 Mar 18	311	63	153
31 Dec 17	302	55	151
30 Sep 17	291	69	144
30 Jun 17	277	65	137
31 Mar 17	254	63	129
31 Dec 16	244	60	126
30 Sep 16	229	52	121
30 Jun 16	223	47	122
31 Mar 16	229	48	125
31 Dec 15	233	50	124
30 Sep 15	233	48	125
30 Jun 15	235	48	127
31 Mar 15	235	46	126
31 Dec 14	232	44	126
30 Sep 14	233	46	126
30 Jun 14	236	49	123
31 Mar 14	226	43	124
31 Dec 13	225	41	128
30 Sep 13	220	41	124
30 Jun 13	213	35	124

Quality Earnings: FCF has high quality earnings.

Growing Profit Margin: FCF's current net profit margins (35%) are higher than last year (32%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FCF's earnings have grown by 11.3% per year over the past 5 years.

Accelerating Growth: FCF's earnings growth over the past year (25.8%) exceeds its 5-year average (11.3% per year).

Earnings vs Industry: FCF earnings growth over the past year (25.8%) did not outperform the Banks industry 26%.

First Commonwealth Financial Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

First quarter 2024 earnings released: EPS: US$0.37 (vs US$0.30 in 1Q 2023)

First Commonwealth Financial Corporation to Report Q1, 2024 Results on Apr 23, 2024

Full year 2023 earnings released: EPS: US$1.55 (vs US$1.37 in FY 2022)

Full year 2023 earnings released: EPS: US$1.54 (vs US$1.37 in FY 2022)

First Commonwealth Financial Corporation Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023

First Commonwealth Financial Corporation to Report Q4, 2023 Results on Jan 30, 2024

Recent updates

First quarter 2024 earnings released: EPS: US$0.37 (vs US$0.30 in 1Q 2023)

First Commonwealth Financial Corporation to Report Q1, 2024 Results on Apr 23, 2024

First Commonwealth Financial Corporation, Annual General Meeting, Apr 23, 2024

Full year 2023 earnings released: EPS: US$1.55 (vs US$1.37 in FY 2022)

Fourth quarter dividend of US$0.13 announced

Full year 2023 earnings released: EPS: US$1.54 (vs US$1.37 in FY 2022)

First Commonwealth Financial Corporation Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023

First Commonwealth Financial Corporation to Report Q4, 2023 Results on Jan 30, 2024

First Commonwealth Financial Corporation Declares Quarterly Dividend, Payable on November 17, 2023

Third quarter 2023 earnings released: EPS: US$0.38 (vs US$0.36 in 3Q 2022)

First Commonwealth Financial Corporation to Report Q3, 2023 Results on Oct 24, 2023

First Commonwealth Financial Corporation Declares Quarterly Dividend, Payable on August 18, 2023

Second quarter 2023 earnings released: EPS: US$0.42 (vs US$0.33 in 2Q 2022)

First Commonwealth Financial Corporation to Report Q2, 2023 Results on Jul 25, 2023

First Commonwealth Appoints Eric Wissinger as Senior VP

First quarter 2023 earnings released: EPS: US$0.30 (vs US$0.29 in 1Q 2022)

Independent Director recently bought €97k worth of stock

Full year 2022 earnings released

First Commonwealth Financial Corporation (NYSE:FCF) completed the acquisition of Centric Financial Corporation (OTCPK:CFCX) from a group of shareholders.

President recently bought €169k worth of stock

Full year 2022 earnings released: EPS: US$1.37 (vs US$1.45 in FY 2021)

First Commonwealth Financial Corporation Announces Net Charge-Offs for the Fourth Quarter of 2022

First Commonwealth Financial Corporation to Report Q4, 2022 Results on Jan 24, 2023

Third quarter 2022 earnings released: EPS: US$0.36 (vs US$0.36 in 3Q 2021)

First Commonwealth Financial Corporation Reports Net Charge-Offs for the Third Quarter Ended September 30, 2022

First Commonwealth Financial Corporation Declares Quarterly Dividend, Payable on November 18, 2022

First Commonwealth Financial Corporation to Report Q3, 2022 Results on Oct 25, 2022

First Commonwealth Financial Corporation (NYSE:FCF) entered into a definitive agreement to acquire Centric Financial Corporation (OTCPK:CFCX) for approximately $130 million.

First Commonwealth Financial Corporation Announces Net Charge-Offs for the Second Quarter ended June 30, 2022

First Commonwealth Financial Corporation Declares Quarterly Dividend,Payable on August 19, 2022

Second quarter 2022 earnings released: EPS: US$0.33 (vs US$0.31 in 2Q 2021)

First Commonwealth Financial Corporation to Report Q2, 2022 Results on Jul 26, 2022

First quarter 2022 earnings released: EPS: US$0.29 (vs US$0.41 in 1Q 2021)

First Commonwealth Financial Corporation Announces Net Charge-Offs for the First Quarter of 2022

First Commonwealth Financial Corporation to Report Q1, 2022 Results on Apr 26, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings released: EPS US$0.36 (vs US$0.20 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.31 (vs US$0.24 in 2Q 2020)

Insider recently sold €250k worth of stock

First Commonwealth Financial Corporation Declares Quarterly Dividend, Payable on May 21, 2021

First quarter 2021 earnings released: EPS US$0.41 (vs US$0.048 in 1Q 2020)

First Commonwealth Financial Corporation, Annual General Meeting, Apr 27, 2021

Full year 2020 earnings released

Chief Credit Officer & Executive VP recently sold €91k worth of stock

New 90-day high: €10.70

Executive VP recently sold €131k worth of stock

Full year 2020 earnings released: EPS US$0.001 (vs US$1.07 in FY 2019)

First Commonwealth Financial Corporation to Report Q4, 2020 Results on Jan 26, 2021

New 90-day high: €9.75

President recently bought €84k worth of stock

Market bids up stock over the past week

Revenue beats expectations

Third quarter 2020 earnings released: EPS US$0.20

New 90-day high: €7.75

Third quarter earnings released

Third-quarter earnings released: Revenue beats expectations

First Commonwealth Financial Corporation to Report Q3, 2020 Results on Oct 27, 2020

New 90-day low: €6.15

First half earnings released

First Commonwealth Financial Corporation to Report Q2, 2020 Results on Jul 28, 2020

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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