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First Commonwealth Financial Corp. (FCF)
NYSE:FCF
Earnings Data
Report Date
Jul 29, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.29Last Year’s EPS
0.36Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: 6.06%
|Next Earnings Date:Jul 29, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted positive aspects such as loan and deposit growth, net interest margin expansion, and strategic acquisitions. However, these were offset by challenges like decreased return on assets, reduced fee income, and increased expenses. Additionally, external economic factors like tariffs and inflation present potential risks.Company Guidance
During the First Commonwealth Financial Corporation's first-quarter 2025 earnings release call, the company reported core earnings per share of $0.32, aligning with consensus estimates. They experienced a decline in return on assets to 1.14% from 1.23% in the previous quarter due to increased expenses and decreased fee income. Loans grew at an annualized rate of 4.4%, with commercial loans contributing $63 million, or 64% of the quarterly increase. The net interest margin rose by 8 basis points to 3.62%, as deposit costs fell to 1.99%. The company also noted a decrease in the loan-to-deposit ratio to 92% over the past two years, indicating improved liquidity. Fee income dropped by $1.5 million, while expenses increased by $2.1 million, leading to an efficiency ratio rise to 59.08%. The board approved a $0.01 increase in dividends, maintaining a payout ratio of approximately 40%. The company expects continued improvement in credit conditions and anticipates further expansion of the net interest margin, particularly as macro swaps expire throughout the year.Loan Growth and Deposit Improvement
Loans grew at an annualized rate of 4.4%, with commercial loans accounting for 64% of the increase. Deposit costs fell to 1.99%, and deposits grew at an annualized rate of 7.7%.
Net Interest Margin Expansion
Net interest margin increased by 8 basis points to 3.62%, with expectations of further expansion due to macro swaps expiring.
Dividend Increase
The Board approved a dividend increase, bringing the dividend yield to approximately 3.5% and the payout ratio to 40%.
Successful CenterBank Acquisition
The acquisition of CenterBank was completed, which is expected to boost efficiency, margin, and talent pool.
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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
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FCF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2025 | $15.18 | $15.43 | +1.65% |
Jan 28, 2025 | $16.55 | $15.90 | -3.93% |
Oct 29, 2024 | $16.55 | $16.49 | -0.36% |
Jul 23, 2024 | $16.28 | $16.78 | +3.07% |
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.
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FAQ
When does First Commonwealth Financial Corp. (FCF) report earnings?
First Commonwealth Financial Corp. (FCF) is schdueled to report earning on Jul 29, 2025, TBA Not Confirmed.
What is First Commonwealth Financial Corp. (FCF) earnings time?
First Commonwealth Financial Corp. (FCF) earnings time is at Jul 29, 2025, TBA Not 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 2025 (Q2) is 0.29.
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