First Commonwealth (FCF) AI Stock Analysis

• Market Cap: $1.75B
• Dividend Yield: 3.33%
• Average Volume (3M): 487.39K
• Price to Earnings (P/E): 12.4
• Beta (1Y): 0.90
• Revenue Growth: 6.42%
• EPS Growth: -15.95%
• Country: US
• Employees: 1,538
• Sector: Financial
• Sector Strength: 79
• Industry: Banks - Regional
• EPS (TTM): 0.32
• Shares Outstanding: 104,939,030
• 10 Day Avg. Volume: 650,123
• 30 Day Avg. Volume: 487,390
• PEG Ratio: -1.85
• Price to Book (P/B): 1.24
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.33
• Enterprise Value/Market Cap: 0.98
• Enterprise Value/Revenue: 0.71
• Enterprise Value/Gross Profit: 3.26
• Enterprise Value/Ebitda: 2.68
• 1Y Price Target: $18.50
• Price Target Upside: 10.91% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 73 Outperform
• Price Target: $17.50 ▲(4.92%Upside)

First Commonwealth demonstrates strong financial performance and attractive valuation, bolstered by solid earnings call elements like loan growth and net interest margin expansion. However, technical indicators suggest a neutral trend, and increased expenses and reduced fee income pose challenges.

First Commonwealth Business Overview & Revenue Model

Company Description

First Commonwealth Financial Corporation, a financial holding company, provides various consumer and commercial banking services in the United States. Its consumer services include personal checking accounts, interest-earning checking accounts, savings and health savings accounts, insured money market accounts, debit cards, investment certificates, fixed and variable rate certificates of deposit, mortgage loans, secured and unsecured installment loans, construction and real estate loans, safe deposit facilities, credit cards, credit lines with overdraft checking protection, IRA accounts, and automated teller machine (atm) services, as well as internet, mobile, and telephone banking services. The company's commercial banking services comprise commercial lending, business checking accounts, online account management services, payroll direct deposits, commercial cash management services, and repurchase agreements, as well as ACH origination services. It also offers various trust and asset management services; auto, home, and business insurance, as well as term life insurance; and annuities, mutual funds, and stock and bond brokerage services through a broker-dealer and insurance brokers. As of December 31, 2021, the company operated 118 community banking offices in western and central Pennsylvania, as well as northeastern, central, and southwestern Ohio; corporate banking centers in Pittsburgh, Pennsylvania, as well as Columbus, Canton, and Cleveland, Ohio; and mortgage banking offices in Wexford, Pennsylvania, and Hudson, Westlake, as well as Lewis Center, Ohio. It also operates 136 automated teller machines. First Commonwealth Financial Corporation was founded in 1934 and is headquartered in Indiana, Pennsylvania.

How the Company Makes Money

First Commonwealth makes money primarily through interest income generated from its lending activities. This includes offering personal loans, mortgages, commercial loans, and lines of credit to individuals and businesses. Additionally, the company earns revenue through non-interest income streams such as service charges on deposit accounts, fees from wealth management and insurance services, and transaction-based fees. The bank also benefits from strategic partnerships with financial service providers to expand its product offerings and enhance its financial solutions for clients.

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 shows 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	584.43M	478.12M	467.27M	389.48M	385.30M	362.75M
Gross Profit	523.24M	478.12M	626.39M	380.23M	358.63M	362.75M
EBITDA	137.18M	184.01M	211.43M	2.83M	175.79M	1.41M
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	1.27B	1.25B	1.17B	916.90M	1.44B	1.20B
Total Debt	340.19M	343.12M	749.76M	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	117.45M	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	-586.28M	-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: 16.68
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 16.68 is above the 20-day moving average (MA) of 15.75, above the 50-day MA of 15.60, and above the 200-day MA of 16.28, indicating a neutral trend. The MACD of 0.14 indicates Negative momentum. The RSI at 59.76 is Neutral, neither overbought nor oversold. The STOCH value of 91.38 is Negative, 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
FBNC	77 Outperform	$1.89B	21.57	6.03%	2.09%	-2.00%	-23.83%
NWBI	75 Outperform	$1.68B	14.72	7.19%	6.26%	6.30%	-12.43%
CUBI	74 Outperform	$1.96B	15.62	8.14%	―	-5.67%	-44.11%
FCF	73 Outperform	$1.75B	12.37	9.91%	3.33%	6.42%	-15.95%
LKFN	68 Neutral	$1.63B	18.20	13.44%	3.25%	5.03%	-3.19%
Sector *	67 Neutral	$16.85B	11.65	9.71%	3.90%	11.61%	-9.60%
CLBK	52 Neutral	$1.57B	97.23	-0.15%	―	4.29%	-109.93%

First Commonwealth Corporate Events

First Commonwealth Reports Q1 2025 Earnings and Dividend

On April 29, 2025, First Commonwealth Financial Corporation announced its first quarter 2025 earnings, reporting a net income of $32.7 million, which marks a decrease from the previous quarter and the same quarter in 2024. The company also declared an increased quarterly cash dividend of $0.135 per share. Despite the decrease in net income, the company saw growth in commercial loans and deposits, with a notable increase in savings deposits. However, noninterest income decreased due to lower gains on the sale of Small Business Administration loans, and noninterest expenses rose from the previous quarter.