First Commonwealth (FCF) AI Stock Analysis

• Market Cap: $1.87B
• Dividend Yield: 2.96%
• Average Volume (3M): 563.30K
• Price to Earnings (P/E): 13.7
• Beta (1Y): 0.86
• Revenue Growth: 4.57%
• EPS Growth: -15.68%
• Country: US
• Employees: 1,538
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.32
• Shares Outstanding: 104,538,800
• 10 Day Avg. Volume: 473,169
• 30 Day Avg. Volume: 563,301
• PEG Ratio: -1.25
• Price to Book (P/B): 1.23
• Price to Sales (P/S): 2.46
• P/FCF Ratio: 15.14
• Enterprise Value/Market Cap: 1.12
• Enterprise Value/Revenue: 3.00
• Enterprise Value/Gross Profit: 4.67
• Enterprise Value/Ebitda: 11.71
• 1Y Price Target: $20.00
• Price Target Upside: 11.86% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 76 Outperform
• Price Target: $20.00 ▲(11.86% Upside)

First Commonwealth's stock is supported by strong financial performance and positive technical indicators, suggesting a solid investment opportunity. The company's robust loan and deposit growth, along with successful acquisition integration, are key strengths. However, potential risks include the increase in nonperforming loans and overbought technical conditions, which could impact short-term performance.

First Commonwealth Business Overview & Revenue Model

Company Description

First Commonwealth Financial Corporation (FCF) is a financial services holding company headquartered in Indiana, Pennsylvania. Operating primarily in the banking sector, FCF provides a wide range of financial products and services through its various subsidiaries. These offerings include commercial and retail banking, mortgage lending, investment services, and insurance products. The company serves individual consumers, small to medium-sized businesses, and larger corporate clients across its regional footprint, primarily in Pennsylvania and Ohio.

How the Company Makes Money

First Commonwealth generates revenue primarily through interest income and non-interest income. Interest income is derived from the loans it extends to customers, including personal loans, mortgages, and commercial loans, as well as interest earned on securities in its investment portfolio. Non-interest income comes from various sources, including fees for services such as account maintenance, ATM transactions, wealth management, and insurance services. Additionally, FCF benefits from partnerships with other financial institutions and service providers, which can enhance its product offerings and customer reach. The company also focuses on cross-selling its products to existing customers, thereby increasing customer retention and overall profitability.

First Commonwealth Financial Statement Overview

Summary

First Commonwealth demonstrates solid financial health with strong profitability, effective balance sheet management, and robust cash flow generation. While the company exhibits strengths in revenue growth and leverage management, there is room for improvement in operational efficiency and return on equity.

Income Statement

First Commonwealth has demonstrated strong revenue growth and profitability. The TTM data shows a solid gross profit margin of 98.5% and a net profit margin of 31.3%. Revenue growth has been steady, indicating robust business operations. However, EBIT and EBITDA margins suggest room for improvement in operational efficiency.

Balance Sheet

The balance sheet reflects a strong equity base with an equity ratio of 100%. The debt-to-equity ratio is low at 0.65, indicating prudent financial leverage management. However, the return on equity is moderate at 11.7%, suggesting room to improve shareholder returns.

Cash Flow

Operating cash flow remains healthy, with a strong operating cash flow to net income ratio. Free cash flow is positive, supporting potential reinvestment and debt servicing. However, fluctuations in investing and financing cash flows suggest potential volatility in cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	699.80M	699.69M	626.61M	428.66M	400.60M	395.69M
Gross Profit	449.11M	448.95M	467.47M	389.82M	386.67M	306.03M
EBITDA	179.10M	184.01M	201.66M	170.74M	184.26M	101.86M
Net Income	137.72M	142.57M	157.06M	128.18M	138.26M	73.45M
Balance Sheet
Total Assets	11.79B	11.58B	11.46B	9.81B	9.55B	9.07B
Cash, Cash Equivalents and Short-Term Investments	1.23B	1.28B	1.17B	916.90M	1.44B	1.19B
Total Debt	340.19M	343.12M	784.59M	553.92M	320.58M	350.63M
Total Liabilities	10.34B	10.18B	10.15B	8.75B	8.44B	8.00B
Stockholders Equity	1.45B	1.41B	1.31B	1.05B	1.11B	1.07B
Cash Flow
Free Cash Flow	130.18M	113.92M	128.72M	140.21M	154.41M	98.08M
Operating Cash Flow	145.70M	129.46M	150.76M	151.41M	165.05M	105.70M
Investing Cash Flow	-271.04M	-121.72M	-574.27M	-588.79M	-565.30M	-483.14M
Financing Cash Flow	-43.67M	-21.32M	416.26M	196.25M	439.05M	612.16M

First Commonwealth Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 17.88
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FCF, the sentiment is Positive. The current price of 17.88 is above the 20-day moving average (MA) of 17.23, above the 50-day MA of 16.81, and above the 200-day MA of 16.21, indicating a bullish trend. The MACD of 0.38 indicates Negative momentum. The RSI at 66.15 is Neutral, neither overbought nor oversold. The STOCH value of 78.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FCF.

First Commonwealth Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CUBI	77 Outperform	$2.13B	16.64	8.17%	―	-7.45%	-45.67%
FCF	76 Outperform	$1.87B	13.68	9.31%	2.96%	4.57%	-15.68%
NWBI	75 Outperform	$1.86B	11.34	8.96%	6.29%	14.86%	40.09%
FBNC	74 Outperform	$2.30B	23.60	6.53%	1.61%	-2.04%	-14.82%
LKFN	72 Outperform	$1.73B	18.52	13.86%	2.91%	-1.41%	-6.42%
Sector *	68 Neutral	$17.80B	11.87	10.23%	3.74%	9.69%	1.18%
CLBK	53 Neutral	$1.57B	249.75	0.57%	―	-0.90%	-67.89%

First Commonwealth Corporate Events

First Commonwealth Promotes Michael McCuen to Chief Banking Officer

On August 1, 2025, Jane Grebenc, Executive Vice President and Chief Revenue Officer of First Commonwealth Financial Corporation, announced her intention to retire in the first quarter of 2026. Subsequently, on August 4, 2025, Michael P. McCuen was promoted to Chief Banking Officer, indicating a strategic leadership transition within the company.

First Commonwealth Reports Q2 2025 Financial Results

On July 29, 2025, First Commonwealth Financial Corporation announced its financial results for the second quarter of 2025, reporting a net income of $33.4 million, which is a slight increase from the previous quarter but a decrease from the same period in 2024. The company declared a quarterly cash dividend of $0.135 per share, reflecting its continued commitment to returning value to shareholders. The financial results showed an increase in core net income and net interest income compared to both the previous quarter and the second quarter of 2024, highlighting the company’s strong operational performance despite challenges such as reduced card-related interchange income due to regulatory changes.