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First Commonwealth Financial Corp. (FCF)
NYSE:FCF
Earnings Data
Report Date
Apr 28, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.41Last Year’s EPS
0.32Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple clear strengths — beats on earnings, meaningful NIM expansion, strong net interest income growth (+$47.2M YoY), healthy loan and deposit growth, active buybacks, and resilient fee income despite Durbin headwinds. Key near-term risks include an expected small NIM dip in Q1 2026 (5–10 bps), modest increases in NPLs and a nearly‑resolved dealer floor plan charge, some expense pressure from hiring and one‑offs, and potential reinvestment of held-for-sale loan proceeds into lower-yielding securities. Overall, the positives around core profitability, capital generation, and diversified revenue sources outweigh the limited and mostly manageable headwinds.Company Guidance
Beat on Core EPS and Strong Profitability Metrics
Core EPS of $0.43 in Q4 (beat consensus); 2025 core EPS of $1.53 vs consensus $1.40 (Dec 2024) and near the highest revised midyear consensus of $1.54. Q4 core ROA improved to 1.45% and core ROTCE improved 93 bps to 15.83%.
Net Interest Margin Expansion and NII Growth
Q4 NIM expanded to 3.98%; net interest income for full-year 2025 was $427.5 million, up $47.2 million year-over-year. Spread income increased $2.1 million QoQ (driven by a 6 bps NIM increase).
Loan and Deposit Growth
Full-year loan growth of 8.2% annualized (5% excluding Center Bank acquisition). Average deposit growth for 2025 was 6.1% (approximately 4.2% without Center Bank); average deposits +2.8% QoQ and total loans +1.2% QoQ (seasonal and payoff headwinds). Noninterest-bearing DDA totaled $10.3 billion.
Fee Income Resilience
Fee income represented 18% of total revenue and noninterest income fell only $3 million YoY despite a $6.3 million Durbin debit interchange headwind after crossing $10 billion in assets — supporting diversified revenue and PPNR.
Capital Return Activity
Repurchased $23.1 million of stock in Q4 (1.4 million shares at $15.94) and repurchased 2.1 million shares in 2025. Remaining repurchase capacity was $22.7 million at 12/31/25 and the Board authorized an additional $25 million.
Cost Discipline and Efficiency
Q4 core efficiency ratio of 52.8%; core noninterest expense rose modestly QoQ but management achieved positive operating leverage and expects to limit operating cost increases to ~3% YoY.
Credit Reserve and Provision Improvement
Provision for credit losses decreased by $4.3 million QoQ to $7.0 million; management views credit costs as manageable and reiterated normal charge-off guidance of 25–30 bps. Prior elevated provision tied to resolution of a dealer floor plan credit required no additional reserve in Q4.
Balance Sheet Actions to Improve Liquidity and Capital
Designated ~$225 million of commercial loans as held-for-sale (Philadelphia portfolio exit). If sold, proceeds likely reinvested into securities improving liquidity and capital ratios (management indicated refinancing into lower-yielding securities but ancillary balance sheet benefits).
FCF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FCF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 27, 2026 | $17.70 | $17.60 | -0.56% |
Oct 28, 2025 | $16.25 | $15.36 | -5.48% |
Jul 29, 2025 | $15.80 | $16.06 | +1.65% |
Apr 29, 2025 | $14.92 | $15.17 | +1.68% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does First Commonwealth Financial Corp. (FCF) report earnings?
First Commonwealth Financial Corp. (FCF) is schdueled to report earning on Apr 28, 2026, After Close (Confirmed).
What is First Commonwealth Financial Corp. (FCF) earnings time?
First Commonwealth Financial Corp. (FCF) earnings time is at Apr 28, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FCF EPS forecast?
FCF EPS forecast for the fiscal quarter 2026 (Q1) is 0.41.