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FCF

First Commonwealth Financial Corporation

FCF

First Commonwealth Financial Corporation • NYSE
$16.25 ▼ -0.67% (-0.11)
Market Cap $1.69 B
52w High $19.12
52w Low $13.54
Dividend Yield 0.54%
P/E 11.69
Volume 264.58K
Outstanding Shares 103.77M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $187.566M ▲ $72.834M ▼ $41.328M ▲ 22.034% ▲ $0.39 ▲ $53.703M ▲
Q2-2025 $183.604M ▲ $76.197M ▲ $33.402M ▲ 18.192% ▼ $0.32 $42.853M ▼
Q1-2025 $169.63M ▼ $71.25M ▲ $32.696M ▼ 19.275% ▼ $0.32 ▼ $43.191M ▼
Q4-2024 $175.331M ▼ $69.304M ▼ $35.849M ▲ 20.446% ▲ $0.35 ▲ $46.681M ▲
Q3-2024 $179.021M $70.07M $32.086M 17.923% $0.31 $41.928M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $1.163B ▼ $12.31B ▲ $10.769B ▲ $1.542B ▲
Q2-2025 $1.21B ▼ $12.237B ▲ $10.719B ▲ $1.518B ▲
Q1-2025 $1.233B ▼ $11.786B ▲ $10.339B ▲ $1.447B ▲
Q4-2024 $1.281B ▼ $11.585B ▼ $10.18B ▼ $1.405B ▼
Q3-2024 $1.723B $11.983B $10.574B $1.41B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $41.328M ▲ $49.497M ▲ $-73.635M ▲ $25.383M ▼ $1.245M ▼ $59.896M ▲
Q2-2025 $33.402M ▲ $30.405M ▼ $-87.373M ▲ $75.776M ▼ $18.808M ▲ $25.032M ▼
Q1-2025 $32.696M ▼ $55.886M ▲ $-213.561M ▼ $165.624M ▲ $7.949M ▲ $50.86M ▲
Q4-2024 $35.849M ▲ $13.517M ▼ $-41.549M ▼ $-420.868M ▼ $-448.9M ▼ $9.742M ▼
Q3-2024 $32.086M $53.608M $18.686M $321.722M $394.016M $50.232M

Five-Year Company Overview

Income Statement

Income Statement First Commonwealth’s income statement shows a steady, fairly conservative growth story. Revenue has climbed at a healthy pace over the last several years, and profitability has generally kept up with that growth. Earnings rose meaningfully coming out of the pandemic period, then eased slightly more recently, likely reflecting a tougher interest-rate and funding environment for regional banks rather than a structural deterioration. Margins remain respectable for a community and regional lender, suggesting decent pricing discipline and cost control. Overall, the bank looks consistently profitable, with no obvious signs of volatility or boom‑and‑bust behavior in recent years.

Balance Sheet

Balance Sheet The balance sheet looks like that of a cautious, steadily growing regional bank. Total assets have expanded gradually, indicating measured loan and deposit growth rather than aggressive balance sheet expansion. Equity has trended upward, pointing to retained earnings and a generally solid capital base. Debt levels have moved around a bit but do not appear excessive relative to the size of the institution, and recent reduction suggests some de‑leveraging or funding optimization. Cash balances are lower than the temporary spike seen a few years ago, which is normal as excess liquidity from the pandemic period has been drawn down, but it still appears the bank maintains reasonable liquidity. Overall, the balance sheet signals prudence rather than stretch.

Cash Flow

Cash Flow Cash flow is a relative bright spot. Operating cash generation has been stable and closely aligned with reported profits, which indicates that earnings are backed by real cash, not accounting noise. Free cash flow has been consistently positive, with only modest outlays for capital spending, reflecting the asset‑light nature of banking and controlled investment in physical infrastructure and technology. The pattern suggests the company has room to fund growth initiatives, support its balance sheet, and return capital when appropriate, without straining its cash position. Cash flows look reliable and well‑matched to the bank’s scale and strategy.

Competitive Edge

Competitive Edge Competitively, First Commonwealth behaves like a focused regional player leaning into its strengths. Its main edge lies in deep local relationships, especially with small and mid‑sized businesses, combined with a deliberate push into more attractive metro markets through acquisitions. This community‑centric model can foster loyalty and sticky deposits, which are valuable in a volatile rate environment. At the same time, the bank faces ongoing pressure from larger national banks with broader resources and from digital‑first competitors that can undercut on convenience or price. Its niche in serving commercial clients and small businesses, paired with integrated wealth and mortgage services, gives it a differentiated position, but it must continue executing well to protect that advantage.

Innovation and R&D

Innovation and R&D In banking, “R&D” shows up more as technology and process investment than as formal research, and here the company appears proactive. First Commonwealth is not trying to invent brand‑new platforms, but it is selectively adopting proven digital tools, automation, and analytics to improve efficiency and client service. Investments in advanced planning and profitability software, robotic process automation, and enhanced digital banking experiences suggest a strong focus on data‑driven decision‑making and cost discipline. Its dedicated digital resources for small businesses and tailored online ecosystems help deepen customer engagement. Overall, innovation here looks practical and execution‑oriented: not flashy, but aimed at making the bank smarter, faster, and stickier for customers.

Summary

Putting it together, First Commonwealth looks like a steady, relationship‑driven regional bank with solid profitability, a conservative balance sheet, and reliable cash generation. Growth has been gradual rather than explosive, supported by both organic expansion and targeted acquisitions. Its main opportunities lie in deepening its small‑business and commercial franchise, leveraging technology to improve efficiency and personalization, and continuing to expand thoughtfully into attractive local markets. Key risks center on the broader interest‑rate and credit cycle, competition from larger and more digital players, and the execution of its acquisition and technology strategies. Overall, the financial profile and strategic posture point to a disciplined operator focused on incremental, sustainable progress rather than high‑risk, high‑reward leaps.

NEWS

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November 3, 2025 · 8:45 AM UTC

First Commonwealth Financial Corporation Appoints Joseph V. DiVito Jr. to Board of Directors

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October 28, 2025 · 5:00 PM UTC

First Commonwealth Announces Third Quarter 2025 Earnings; Declares Quarterly Dividend

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October 14, 2025 · 4:30 PM UTC

First Commonwealth to Host Third Quarter 2025 Earnings Conference Call on Wednesday, October 29, 2025

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