First Commonwealth (FCF) AI Stock Analysis

• Market Cap: $1.71B
• Dividend Yield: 3.26%
• Average Volume (3M): 623.36K
• Price to Earnings (P/E): 11.9
• Beta (1Y): 0.72
• Revenue Growth: 3.80%
• EPS Growth: -6.23%
• Country: US
• Employees: 1,538
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.39
• Shares Outstanding: 103,765,980
• 10 Day Avg. Volume: 539,426
• 30 Day Avg. Volume: 623,362
• 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: 1.24
• Enterprise Value/Revenue: 2.97
• Enterprise Value/Gross Profit: 4.53
• Enterprise Value/Ebitda: 11.39
• 1Y Price Target: $19.00
• Price Target Upside: 24.26% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 1.47
• Revenue Forecast (FY): $521.60M

• Rating: 72 Outperform
• Price Target: $18.50 ▲(20.99% Upside)

First Commonwealth Financial Corporation exhibits strong financial performance and a positive earnings call outlook, which are the most significant factors driving the score. The technical analysis suggests a neutral market sentiment, while the valuation is fair with an attractive dividend yield. The company faces some challenges, such as potential net interest margin pressure and recent fraud impacts, but overall, it remains well-positioned in its sector.

Positive Factors

Loan and Deposit Growth

Strong loan and deposit growth indicates robust demand for FCF's financial services, enhancing revenue potential and market position.

Efficiency Ratio Improvement

Improved efficiency ratio reflects effective cost management, which can sustain profitability and competitive advantage in the long term.

Board of Directors Appointment

New board appointment can bring fresh perspectives and strategic guidance, potentially strengthening governance and long-term strategic direction.

Negative Factors

Dealer Floor Plan Fraud Impact

Fraud impacts highlight potential weaknesses in risk management, which could affect trust and financial stability if not addressed.

Net Charge-Off Increase

Increased charge-offs may indicate rising credit risk, which could pressure future earnings and necessitate higher provisions.

Potential Net Interest Margin Pressure

Potential margin pressure from rate cuts could reduce profitability, challenging FCF's ability to maintain earnings growth.

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 generates revenue through various key streams primarily centered around interest income and non-interest income. Interest income is earned from loans and mortgages issued to customers, which typically constitutes the largest portion of its revenue. This includes commercial loans, consumer loans, and mortgage loans. Additionally, the company earns non-interest income through fees associated with its banking services, which may include account maintenance fees, transaction fees, and service charges. Wealth management services contribute to non-interest income as well, providing financial advisory services, asset management, and trust services. Furthermore, First Commonwealth may engage in partnerships with other financial institutions and service providers to enhance its product offerings and expand its customer base, which can also contribute to its overall earnings.

First Commonwealth Financial Statement Overview

Summary

First Commonwealth demonstrates strong financial health with consistent revenue growth and solid profitability margins. The balance sheet is robust, characterized by low leverage and a strong equity position. Cash flow generation is stable, though there is room for improvement in cash flow flexibility. The company is well-positioned in the regional banking sector, but should monitor cost management to maintain margins.

Income Statement

First Commonwealth shows a solid revenue growth trajectory with a TTM revenue growth rate of 1.21%. The company maintains healthy margins, with a TTM gross profit margin of 62.24% and a net profit margin of 25.89%. However, there is a slight decline in gross profit margin compared to previous years, indicating potential cost pressures.

Balance Sheet

The balance sheet is strong with a low TTM debt-to-equity ratio of 0.012, indicating minimal leverage and financial stability. The return on equity is modest at 3.44%, suggesting efficient use of equity capital. The equity ratio is high, reflecting a solid capital structure.

Cash Flow

Cash flow analysis reveals a positive trend with a TTM free cash flow growth rate of 7.11%. The operating cash flow to net income ratio is nearly 1, indicating robust cash generation relative to earnings. However, the free cash flow to net income ratio of 0.97 suggests limited cash flow flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	716.13M	699.69M	626.61M	428.66M	400.60M	395.69M
Gross Profit	469.13M	448.95M	467.47M	389.82M	386.67M	306.03M
EBITDA	186.43M	184.01M	201.66M	170.74M	184.26M	101.86M
Net Income	143.28M	142.57M	157.06M	128.18M	138.26M	73.45M
Balance Sheet
Total Assets	12.31B	11.58B	11.46B	9.81B	9.55B	9.07B
Cash, Cash Equivalents and Short-Term Investments	1.16B	1.28B	1.17B	916.90M	1.44B	1.19B
Total Debt	411.61M	343.12M	784.59M	553.92M	320.58M	350.63M
Total Liabilities	10.77B	10.18B	10.15B	8.75B	8.44B	8.00B
Stockholders Equity	1.54B	1.41B	1.31B	1.05B	1.11B	1.07B
Cash Flow
Free Cash Flow	145.53M	113.92M	128.72M	140.21M	154.41M	98.08M
Operating Cash Flow	149.31M	129.46M	150.76M	151.41M	165.05M	105.70M
Investing Cash Flow	-416.12M	-121.72M	-574.27M	-588.79M	-565.30M	-483.14M
Financing Cash Flow	-154.09M	-21.32M	416.26M	196.25M	439.05M	612.16M

First Commonwealth Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 15.29
• 50DMA: Positive
• 100DMA: Negative
• 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 15.29 is below the 20-day moving average (MA) of 15.86, below the 50-day MA of 16.17, and below the 200-day MA of 15.93, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 57.25 is Neutral, neither overbought nor oversold. The STOCH value of 76.19 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
OFG	78 Outperform	$1.77B	9.13	14.82%	2.94%	3.98%	6.75%
CASH	74 Outperform	$1.62B	9.23	21.81%	0.30%	7.80%	19.38%
FCF	72 Outperform	$1.71B	11.88	9.71%	3.26%	3.80%	-6.23%
NWBI	69 Neutral	$1.76B	13.68	6.55%	6.64%	15.86%	16.50%
CHCO	68 Neutral	$1.75B	14.01	16.42%	2.66%	6.09%	11.49%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
VBTX	59 Neutral	―	―	7.25%	3.50%	-1.28%	32.40%

First Commonwealth Corporate Events

First Commonwealth Appoints Joseph DiVito Jr. as Director

On November 1, 2025, First Commonwealth Financial Corporation appointed Joseph V. DiVito Jr. as a new director on its Board, expanding the board from 12 to 13 members. DiVito, who brings extensive expertise in information technology, cybersecurity, and regulatory compliance, will serve on the Audit and Risk Committees. His appointment is expected to enhance the company’s governance and risk management capabilities, reflecting First Commonwealth’s commitment to navigating the complex financial and digital landscape.

The most recent analyst rating on (FCF) stock is a Buy with a $18.50 price target. To see the full list of analyst forecasts on First Commonwealth stock, see the FCF Stock Forecast page.

First Commonwealth Financial’s Positive Earnings Call Highlights

The latest earnings call from First Commonwealth Financial reflects a generally positive sentiment, with notable improvements in key financial metrics, deposit and loan growth, and successful acquisition performance. Despite these positive developments, the company faces challenges such as dealer floor plan fraud and potential net interest margin pressure due to rate cuts and seasonal factors.

First Commonwealth Financial Reports Strong Q3 2025 Results

First Commonwealth Financial Corporation, headquartered in Indiana, Pennsylvania, operates as a financial services company providing a range of banking, mortgage, and insurance products through its subsidiaries.

First Commonwealth Reports Strong Q3 2025 Financial Results

On October 28, 2025, First Commonwealth Financial Corporation announced its financial results for the third quarter of 2025, reporting a GAAP net income of $41.3 million, which marks an increase from both the previous quarter and the same quarter in 2024. The company also declared a quarterly cash dividend of $0.135 per share, reflecting its strong financial performance and commitment to returning value to shareholders. This announcement underscores First Commonwealth’s solid financial positioning and its ability to generate consistent earnings growth, which is likely to positively impact its stakeholders and enhance its competitive stance in the financial services industry.

The most recent analyst rating on (FCF) stock is a Buy with a $18.50 price target. To see the full list of analyst forecasts on First Commonwealth stock, see the FCF Stock Forecast page.