First Commonwealth Financial Past Earnings Performance
Past criteria checks 4/6
First Commonwealth Financial has been growing earnings at an average annual rate of 5%, while the Banks industry saw earnings growing at 3.1% annually. Revenues have been growing at an average rate of 6.4% per year. First Commonwealth Financial's return on equity is 10.1%, and it has net margins of 31.7%.
Key information
4.96%
Earnings growth rate
3.01%
EPS growth rate
| Banks Industry Growth | 11.18% |
| Revenue growth rate | 6.43% |
| Return on equity | 10.12% |
| Net Margin | 31.70% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
Narrative Update • Jun 07
FCF: Dividend Payout And Buybacks Will Support A Balanced Outlook
Analysts have kept their price target for First Commonwealth Financial steady at $20.83, citing largely unchanged assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E in their latest update. What's in the News First Commonwealth Financial Corporation declared a quarterly dividend of US$0.1400 per share, payable on May 22, 2026, with an ex dividend date and record date of May 8, 2026.Narrative Update • May 15
FCF: Dividend Stability And Share Buybacks Will Support A Constructive Outlook
Analysts have nudged their price target for First Commonwealth Financial slightly higher to $20.83 from $20.67, reflecting updated views on revenue growth, profit margins, and the future P/E multiple. What's in the News Announced a quarterly dividend of US$0.1400 per share, payable on May 22, 2026, with an ex dividend and record date of May 8, 2026 (Key Developments).Narrative Update • Apr 28
FCF: Stable Assumptions And Fair Pricing Will Guide Balanced Outlook
Analysts have maintained their $20.67 price target for First Commonwealth Financial, citing unchanged assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E as the basis for keeping their outlook steady. Valuation Changes Fair Value: Remains at $20.67, indicating no change in the estimated per share value used in the model.Narrative Update • Apr 14
FCF: Share Repurchases And Stable Credit Costs Will Shape Balanced Outlook
Analysts have nudged their price target for First Commonwealth Financial slightly higher to about $20.67 from roughly $20.33. This reflects updated assumptions for fair value, revenue growth, profit margin, and future P/E multiples.Narrative Update • Mar 30
FCF: Expanded Buybacks And Steady Credit Costs Will Support Further Upside
Analysts have kept their average price target for First Commonwealth Financial steady at about $20.33, reflecting unchanged assumptions around the discount rate, revenue growth, profit margin and future P/E. What's in the News First Commonwealth Financial Corporation announced a share repurchase program authorizing the company to buy back up to $25 million of its shares (Buyback Transaction Announcements).Narrative Update • Mar 16
FCF: Expanded Buybacks And Stable Credit Costs Will Support Further Upside
Analysts have kept their price target for First Commonwealth Financial effectively unchanged at around $20.33. This reflects steady assumptions on fair value, discount rate, revenue growth, profit margin and a slightly lower future P/E that together support a consistent outlook on the shares.Seeking Alpha • Mar 15
First Commonwealth Financial: Just Good Enough To Remain Bullish
Summary First Commonwealth Financial remains a 'buy' despite recent share underperformance and slightly elevated valuation multiples. FCF demonstrates strong asset quality, with return on assets at 1.46% and manageable exposure to office real estate loans. Deposit and loan growth continue, though uninsured deposits have risen to 29% and non-performing loans increased to 0.94%. Net interest income and margin improved, aided by lower deposit and borrowing costs, but investors should monitor rising credit risk metrics. Management is forward-looking with their focus on digital innovation, and the company's balance sheet should hold up well for now in the face of interest rate declines. Read the full article on Seeking AlphaNarrative Update • Mar 02
FCF: Expanded Buybacks And Stable Credit Costs Will Support Further Upside
Analysts have revised their price target on First Commonwealth Financial slightly lower to about $20.33 from $20.40, reflecting updated assumptions about fair value, discount rate, revenue growth, profit margin, and a modestly lower future P/E multiple. What's in the News From October 1, 2025 to December 31, 2025, First Commonwealth Financial repurchased 1,307,005 shares, representing 1.26% of shares for $20.83 million, completing a total buyback of 5,101,327 shares (5.07%) for $75.14 million under the program announced on October 26, 2021 (Key Developments).Narrative Update • Feb 15
FCF: Ongoing Buybacks And Stable Credit Costs Will Support Fair Upside
Analysts have adjusted their price target for First Commonwealth Financial from $20.00 to $20.40, reflecting updated views on fair value, discount rate, revenue growth, profit margin, and future price-to-earnings (P/E) assumptions. What's in the News From October 1, 2025 to December 31, 2025, First Commonwealth Financial repurchased 1,307,005 shares, representing 1.26% of shares, for US$20.83 million under the buyback program announced on October 26, 2021.Narrative Update • Feb 01
FCF: Buybacks And Stable Credit Costs Will Support Measured Upside
Analysts have raised their price target for First Commonwealth Financial from $19.20 to $20.00, reflecting updated views on fair value, discount rate, revenue growth, profit margins, and future P/E assumptions. What's in the News First Commonwealth Financial completed a share repurchase program announced on October 26, 2021, buying back 5,101,327 shares (5.07%) for $75.14 million.Analysis Article • Jan 31
First Commonwealth Financial's (NYSE:FCF) Dividend Will Be $0.135
The board of First Commonwealth Financial Corporation ( NYSE:FCF ) has announced that it will pay a dividend on the...Analysis Article • Nov 04
First Commonwealth Financial (NYSE:FCF) Will Pay A Dividend Of $0.135
First Commonwealth Financial Corporation ( NYSE:FCF ) has announced that it will pay a dividend of $0.135 per share on...Analysis Article • Aug 05
First Commonwealth Financial (NYSE:FCF) Is Due To Pay A Dividend Of $0.135
First Commonwealth Financial Corporation ( NYSE:FCF ) has announced that it will pay a dividend of $0.135 per share on...Analysis Article • May 05
First Commonwealth Financial's (NYSE:FCF) Dividend Will Be Increased To $0.135
First Commonwealth Financial Corporation's ( NYSE:FCF ) dividend will be increasing from last year's payment of the...Analysis Article • Apr 23
Shareholders Will Likely Find First Commonwealth Financial Corporation's (NYSE:FCF) CEO Compensation Acceptable
Key Insights First Commonwealth Financial will host its Annual General Meeting on 29th of April Salary of US$683.3k is...Seeking Alpha • Mar 27
First Commonwealth Financial: Acquisition To Support Earnings, Upgrading To Buy
Summary The upcoming acquisition of CenterBank will lead to loan growth of 3% to 4%. Cost savings from the acquisition will curtail non-interest expense growth, while one-time merger-related expenses will lift non-interest expenses. I’m expecting the earnings per share to grow by just 1% to $1.41 in 2025. As of the writing of this report, FCF is offering a price upside of 6.9% and a dividend yield of 3.3%. Read the full article on Seeking AlphaSeeking Alpha • Dec 12
First Commonwealth Financial Corporation: An Interesting Financial Firm To Keep An Eye On
Summary First Commonwealth Financial has shown positive growth in deposits and loans, but its stock is more expensive than I'd prefer, leading to a 'hold' rating. The firm's digital strategy and partnerships with fintech companies are promising, with significant increases in digital platform users and transaction volumes. Despite solid net interest income growth in recent years, falling interest rates and recent financial performance pose challenges, impacting net interest income negatively. Relative valuation places First Commonwealth Financial near the cheaper end compared to peers, but absolute valuation and asset quality do not justify a bullish rating. Read the full article on Seeking AlphaAnalysis Article • Nov 02
First Commonwealth Financial's (NYSE:FCF) Dividend Will Be $0.13
First Commonwealth Financial Corporation ( NYSE:FCF ) will pay a dividend of $0.13 on the 22nd of November. This...Analysis Article • Nov 01
First Commonwealth Financial Corporation Just Missed Earnings - But Analysts Have Updated Their Models
First Commonwealth Financial Corporation ( NYSE:FCF ) last week reported its latest quarterly results, which makes it a...
New Narrative • Sep 24
Growth In Loan Yields And Critical Capital Moves Brighten Outlook, Though Credit Risks And Rate Cuts Could Dampen Profitability
Expansion in net interest margin shows a prospect for growth in net interest income due to favorable loan yields surpassing funding costs.Seeking Alpha • Sep 20
First Commonwealth Financial: Downgrading To Hold And Reducing The Earnings Estimate
Summary Interest rate cuts will boost residential mortgage loans, which will, in turn, lift total loan growth. The net interest margin will likely shrink due to interest rate cuts, promotional rates on time deposits, and the ending of purchase accounting accretion. I’ve reduced the earnings estimate for 2024 to $1.48 as I’ve reduced my loan growth estimate following the first half’s disappointing performance. The December 2024 target price is close to the current stock price. Further, FCF is offering a dividend yield of 3.0%. Read the full article on Seeking AlphaAnalysis Article • Jul 30
First Commonwealth Financial (NYSE:FCF) Will Pay A Dividend Of $0.13
The board of First Commonwealth Financial Corporation ( NYSE:FCF ) has announced that it will pay a dividend of $0.13...Analysis Article • Jul 26
First Commonwealth Financial Corporation (NYSE:FCF) Released Earnings Last Week And Analysts Lifted Their Price Target To US$17.75
It's been a pretty great week for First Commonwealth Financial Corporation ( NYSE:FCF ) shareholders, with its shares...Seeking Alpha • Apr 22
First Commonwealth Financial: Attractively Valued But With A Lackluster Earnings Outlook
Summary Loan growth will receive support from strong regional markets. After rising for the last two years, the margin will likely stabilize this year. The December 2024 target price suggests a high upside from the current market price. Further, the dividend yield is decent at around 3.8%. Read the full article on Seeking AlphaAnalysis Article • Feb 03
First Commonwealth Financial (NYSE:FCF) Is Due To Pay A Dividend Of $0.125
First Commonwealth Financial Corporation ( NYSE:FCF ) has announced that it will pay a dividend of $0.125 per share on...Seeking Alpha • Feb 01
First Commonwealth Financial: On A Significant Growth Track But An Unattractive Valuation
Summary FCF recently reported strong quarterly results, beating the market EPS estimate by 12.4% but missing the revenue estimates by 2.5%. It has a 3.75% dividend yield and a safe and consistent dividend history. FCF reported solid Q4 FY23 results with growth in both deposit and loan values. Read the full article on Seeking AlphaAnalysis Article • Feb 01
If EPS Growth Is Important To You, First Commonwealth Financial (NYSE:FCF) Presents An Opportunity
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Seeking Alpha • Nov 03
First Commonwealth Financial: Q3 2023 Shows Positive Signs
Summary Confidence in regional banks has waned since the failure of SVB, making 2023 a challenging year for them. First Commonwealth's YTD performance is relatively better than peers, with an -11.34% loss. The bank's quarterly performance was not bad, with a high net interest margin, a low cost of deposits, and rewards for shareholders through buybacks and dividends. Read the full article on Seeking AlphaRevenue & Expenses Breakdown
Revenue & Expenses Breakdown
How First Commonwealth Financial makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 496 | 157 | 236 | 0 |
| 31 Dec 25 | 486 | 152 | 233 | 0 |
| 30 Sep 25 | 469 | 143 | 227 | 0 |
| 30 Jun 25 | 455 | 134 | 224 | 0 |
| 31 Mar 25 | 449 | 138 | 219 | 0 |
| 31 Dec 24 | 449 | 143 | 213 | 0 |
| 30 Sep 24 | 456 | 152 | 211 | 0 |
| 30 Jun 24 | 463 | 159 | 208 | 0 |
| 31 Mar 24 | 470 | 164 | 207 | 0 |
| 31 Dec 23 | 467 | 157 | 206 | 0 |
| 30 Sep 23 | 449 | 148 | 200 | 0 |
| 30 Jun 23 | 434 | 143 | 196 | 0 |
| 31 Mar 23 | 409 | 131 | 189 | 0 |
| 31 Dec 22 | 389 | 128 | 183 | 0 |
| 30 Sep 22 | 385 | 127 | 182 | 0 |
| 30 Jun 22 | 380 | 127 | 180 | 0 |
| 31 Mar 22 | 375 | 126 | 176 | 0 |
| 31 Dec 21 | 386 | 138 | 174 | 0 |
| 30 Sep 21 | 374 | 129 | 173 | 0 |
| 30 Jun 21 | 358 | 114 | 170 | 0 |
| 31 Mar 21 | 351 | 108 | 170 | 0 |
| 31 Dec 20 | 305 | 73 | 171 | 0 |
| 30 Sep 20 | 305 | 75 | 170 | 0 |
| 30 Jun 20 | 311 | 82 | 170 | 0 |
| 31 Mar 20 | 315 | 85 | 169 | 0 |
| 31 Dec 19 | 339 | 105 | 166 | 0 |
| 30 Sep 19 | 337 | 106 | 163 | 0 |
| 30 Jun 19 | 329 | 104 | 161 | 0 |
| 31 Mar 19 | 332 | 109 | 159 | 0 |
| 31 Dec 18 | 327 | 107 | 155 | 0 |
| 30 Sep 18 | 324 | 84 | 157 | 0 |
| 30 Jun 18 | 322 | 81 | 155 | 0 |
| 31 Mar 18 | 311 | 63 | 153 | 0 |
| 31 Dec 17 | 302 | 55 | 151 | 0 |
| 30 Sep 17 | 291 | 69 | 144 | 0 |
| 30 Jun 17 | 277 | 65 | 137 | 0 |
| 31 Mar 17 | 254 | 63 | 129 | 0 |
| 31 Dec 16 | 244 | 60 | 126 | 0 |
| 30 Sep 16 | 229 | 52 | 121 | 0 |
| 30 Jun 16 | 223 | 47 | 122 | 0 |
| 31 Mar 16 | 229 | 48 | 125 | 0 |
| 31 Dec 15 | 233 | 50 | 124 | 0 |
| 30 Sep 15 | 233 | 48 | 125 | 0 |
| 30 Jun 15 | 235 | 48 | 127 | 0 |
Quality Earnings: FCF has high quality earnings.
Growing Profit Margin: FCF's current net profit margins (31.7%) are higher than last year (30.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FCF's earnings have grown by 5% per year over the past 5 years.
Accelerating Growth: FCF's earnings growth over the past year (14.1%) exceeds its 5-year average (5% per year).
Earnings vs Industry: FCF earnings growth over the past year (14.1%) did not outperform the Banks industry 23%.
Return on Equity
High ROE: FCF's Return on Equity (10.1%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/11 04:50 |
| End of Day Share Price | 2026/06/11 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
First Commonwealth Financial Corporation is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Cardenas | Brean Capital Historical (Janney Montgomery) |
| Stephen Moss | B. Riley Securities, Inc. |
| Kelly Motta | Keefe, Bruyette, & Woods |