First Commonwealth Financial Corp. (FCF)
NYSE:FCF
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Earnings Data
Report Date
Jul 28, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.43Last Year’s EPS
0.32Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced picture: strong deposit growth, improved capital ratios, a successful acquisition, robust mortgage and fee income, and positive NIM drivers (replacement yields and swap expirations) are offset by a Q1 EPS miss, lower net interest income and margin compression, elevated provisioning and an increase in NPLs and expenses. Management signaled confidence in margin recovery, continued buybacks/dividends, and expense discipline while noting isolated credit issues.Company Guidance
Deposit Growth and Liquidity Strength
Deposits grew 6.3% end-to-end annualized in the quarter, loan-to-deposit ratio lowered to ~91%, balance sheet liquidity improved and management paid off virtually all borrowings.
Earnings and Capital Return
Net income of $37.5 million; repurchased ~$22.7 million of stock at a $17.67 weighted average price with $25 million remaining authorization; announced a $0.02 dividend increase (11th consecutive year).
Tangible Book and Capital Ratios
Company reported tangible book value per share growth (management cited +4.3%) while CET1 improved from 12.1% to 12.5% and TCE remained at 9.7%.
NIM Tailwinds and Guidance
Positive replacement yields on new fixed-rate loans were ~54 bps higher; $150 million of macro swaps expire in Q2, which management expects will help NIM expansion; guidance revised slightly upward toward the low-4% range by Q4.
Strong Retail and Segment Performance
Center Bank acquisition exceeded expectations and drove company-leading loan and deposit growth in Cincinnati; residential mortgage volumes and gain-on-sale income were strong; Wealth, mortgage and SBA fee income up materially year-over-year; retail bank achieved highest Net Promoter and customer satisfaction scores on record.
Commercial Activity and CRE Resolutions
Commercial loan repayments were high but originations remained solid (production > $900 million in Q1); 18 CRE projects were refinanced or sold resulting in approximately $240 million of payoffs, and the company sold ~$210 million of Eastern PA commercial loans (moved to held-for-sale).
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 |
|---|---|---|---|
Apr 28, 2026 | $18.64 | $18.88 | +1.29% |
Jan 27, 2026 | $17.57 | $17.47 | -0.56% |
Oct 28, 2025 | $16.13 | $15.25 | -5.49% |
Jul 29, 2025 | $15.69 | $15.95 | +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 Jul 28, 2026, After Close (Confirmed).
What is First Commonwealth Financial Corp. (FCF) earnings time?
First Commonwealth Financial Corp. (FCF) earnings time is at Jul 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 (Q2) is 0.43.