First Commonwealth Financial Management
Management criteria checks 4/4
First Commonwealth Financial's CEO is Mike Price, appointed in Jan 2012, has a tenure of 12.25 years. total yearly compensation is $1.39M, comprised of 42.2% salary and 57.8% bonuses, including company stock and options. directly owns 0.35% of the company’s shares, worth $4.85M. The average tenure of the management team and the board of directors is 11 years and 13.5 years respectively.
Key information
Mike Price
Chief executive officer
US$1.4m
Total compensation
| CEO salary percentage | 42.2% |
| CEO tenure | 12.3yrs |
| CEO ownership | 0.4% |
| Management average tenure | 11yrs |
| Board average tenure | 13.5yrs |
Recent management updates
Recent updates
First Commonwealth Financial: Attractively Valued But With A Lackluster Earnings Outlook
Apr 22First Commonwealth Financial (NYSE:FCF) Is Due To Pay A Dividend Of $0.125
Feb 03
First Commonwealth Financial: On A Significant Growth Track But An Unattractive Valuation
Feb 01If EPS Growth Is Important To You, First Commonwealth Financial (NYSE:FCF) Presents An Opportunity
Feb 01First Commonwealth Financial: Q3 2023 Shows Positive Signs
Nov 03First Commonwealth Financial's (NYSE:FCF) Dividend Will Be $0.125
Apr 28First Commonwealth Financial (NYSE:FCF) Is Paying Out A Dividend Of $0.12
Jan 28First Commonwealth Financial Non-GAAP EPS of $0.39 misses by $0.04, revenue of $112.34M misses by $1.03M
Jan 24First Commonwealth Financial (NYSE:FCF) Will Pay A Dividend Of $0.12
Nov 01First Commonwealth Financial declares $0.12 dividend
Oct 25First Commonwealth Financial: M&A Strategy Continues With Centric Acquisition
Sep 15First Commonwealth to acquire Centric Financial in $144M all-stock deal
Aug 30First Commonwealth Financial Non-GAAP EPS of $0.33 in-line, revenue of $98.17M beats by $0.76M
Jul 26Here's Why First Commonwealth Financial (NYSE:FCF) Has Caught The Eye Of Investors
Jul 21First Commonwealth Financial: Earnings To Dip On Provisioning Normalization
Jul 03First Commonwealth Financial (NYSE:FCF) Is Increasing Its Dividend To US$0.12
Apr 29First Commonwealth: Strong Top-Line Growth Views Unlikely To Compensate For Provision Normalization
Apr 08Does First Commonwealth Financial (NYSE:FCF) Deserve A Spot On Your Watchlist?
Apr 06First Commonwealth Financial: Not Too Excited
Jan 22Here's Why I Think First Commonwealth Financial (NYSE:FCF) Might Deserve Your Attention Today
Dec 26First Commonwealth Financial: Outlook Of Strong Balance Sheet Growth, Decent Price Upside
Dec 19First Commonwealth Financial's (NYSE:FCF) Upcoming Dividend Will Be Larger Than Last Year's
Oct 30First Commonwealth Financial: Management's Efforts Likely To Support Revenues
Oct 04First Commonwealth Financial's (NYSE:FCF) Dividend Will Be Increased To US$0.12
Aug 03First Commonwealth Is Unremarkable, With A Recent Large Insider Sale
Jul 09If You Like EPS Growth Then Check Out First Commonwealth Financial (NYSE:FCF) Before It's Too Late
Jun 23First Commonwealth Financial Corporation 2021 Q1 - Results - Earnings Call Presentation
May 01First Commonwealth Financial declares $0.115 dividend
Apr 27This Is Why We Think First Commonwealth Financial Corporation's (NYSE:FCF) CEO Might Get A Pay Rise Approved By Shareholders
Apr 21Is First Commonwealth Financial Corporation's (NYSE:FCF) 3.0% Dividend Worth Your Time?
Mar 08Have Insiders Sold First Commonwealth Financial Corporation (NYSE:FCF) Shares Recently?
Feb 10
First Commonwealth Financial Corporation 2020 Q4 - Results - Earnings Call Presentation
Feb 01Only Four Days Left To Cash In On First Commonwealth Financial's (NYSE:FCF) Dividend
Jan 30What Type Of Shareholders Own The Most Number of First Commonwealth Financial Corporation (NYSE:FCF) Shares?
Jan 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$164m |
| Dec 31 2023 | US$1m | US$586k | US$157m |
| Sep 30 2023 | n/a | n/a | US$148m |
| Jun 30 2023 | n/a | n/a | US$143m |
| Mar 31 2023 | n/a | n/a | US$131m |
| Dec 31 2022 | US$1m | US$516k | US$128m |
| Sep 30 2022 | n/a | n/a | US$127m |
| Jun 30 2022 | n/a | n/a | US$127m |
| Mar 31 2022 | n/a | n/a | US$126m |
| Dec 31 2021 | US$1m | US$488k | US$138m |
| Sep 30 2021 | n/a | n/a | US$129m |
| Jun 30 2021 | n/a | n/a | US$114m |
| Mar 31 2021 | n/a | n/a | US$108m |
| Dec 31 2020 | US$1m | US$488k | US$73m |
| Sep 30 2020 | n/a | n/a | US$75m |
| Jun 30 2020 | n/a | n/a | US$82m |
| Mar 31 2020 | n/a | n/a | US$85m |
| Dec 31 2019 | US$1m | US$486k | US$105m |
| Sep 30 2019 | n/a | n/a | US$106m |
| Jun 30 2019 | n/a | n/a | US$104m |
| Mar 31 2019 | n/a | n/a | US$109m |
| Dec 31 2018 | US$1m | US$472k | US$107m |
| Sep 30 2018 | n/a | n/a | US$84m |
| Jun 30 2018 | n/a | n/a | US$81m |
| Mar 31 2018 | n/a | n/a | US$63m |
| Dec 31 2017 | US$1m | US$459k | US$55m |
Compensation vs Market: Mike's total compensation ($USD1.39M) is below average for companies of similar size in the US market ($USD5.55M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Price (60 yo)
12.3yrs
Tenure
US$1,387,155
Compensation
Mr. Thomas Michael Price, also known as Mike, has been the Chief Executive Officer and President of First Commonwealth Financial Corporation since March 7, 2012 and serves as its Chief Executive Officer of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 12.3yrs | US$1.39m | 0.35% $ 4.9m | |
| Executive VP | 10yrs | US$924.44k | 0.084% $ 1.2m | |
| Executive VP | 10.9yrs | US$980.08k | 0.16% $ 2.2m | |
| Vice President / Finance and Investor Relations | no data | no data | no data | |
| Executive VP | 13.4yrs | US$576.45k | 0.068% $ 935.8k | |
| Chief Compliance Officer | 12.4yrs | no data | no data | |
| Executive Vice President of Human Resources | 11.1yrs | no data | 0.052% $ 717.1k | |
| Executive VP & Chief Audit Executive | 15.3yrs | no data | 0.059% $ 820.2k | |
| Executive Vice President | 5.6yrs | no data | no data | |
| President of Equipment Finance Group | 2.8yrs | no data | no data | |
| Deputy Chief Credit Officer | no data | no data | no data | |
| Senior Vice President | less than a year | no data | no data |
11.0yrs
Average Tenure
59yo
Average Age
Experienced Management: FCF's management team is seasoned and experienced (11 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 12.1yrs | US$1.39m | 0.35% $ 4.9m | |
| Executive VP | 4yrs | US$980.08k | 0.16% $ 2.2m | |
| Independent Chairman of the Board | 11.3yrs | US$198.75k | 0.039% $ 534.2k | |
| Independent Director | 26.3yrs | US$110.75k | 0.054% $ 745.8k | |
| Independent Director | 26.3yrs | US$98.75k | 0.32% $ 4.5m | |
| Independent Director | 38.3yrs | US$110.75k | 0.077% $ 1.1m | |
| Independent Director | 20.3yrs | US$110.75k | 0.051% $ 702.5k | |
| Independent Director | 14yrs | US$110.75k | 0.052% $ 725.2k | |
| Independent Director | 17yrs | US$113.25k | 0.048% $ 665.2k | |
| Independent Director | 13yrs | US$90.75k | 0.14% $ 2.0m | |
| Independent Director | 13yrs | US$98.75k | 0.048% $ 669.6k | |
| Independent Director | 7yrs | US$90.75k | 0.021% $ 289.9k |
13.5yrs
Average Tenure
70.5yo
Average Age
Experienced Board: FCF's board of directors are seasoned and experienced ( 13.5 years average tenure).