First Commonwealth (FCF) AI Stock Analysis

• Market Cap: $1.65B
• Dividend Yield: 3.4%
• Average Volume (3M): 606.00K
• Price to Earnings (P/E): 11.3
• Beta (1Y): 0.75
• Revenue Growth: 3.83%
• EPS Growth: N/A
• Country: US
• Employees: 1,538
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.39
• Shares Outstanding: 104,538,800
• 10 Day Avg. Volume: 748,807
• 30 Day Avg. Volume: 606,002
• 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: 1.26
• Enterprise Value/Revenue: 2.94
• Enterprise Value/Gross Profit: 4.57
• Enterprise Value/Ebitda: 11.91
• 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): $523.05M

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

First Commonwealth's strong financial performance and positive earnings call sentiment are the primary drivers of its score. The company's robust balance sheet and improving cash flow generation support its stability. While technical indicators suggest some bearish momentum, the stock's valuation remains reasonable, with an attractive dividend yield. Challenges such as fraud impact and potential margin pressure are noted but do not significantly detract from the overall positive outlook.

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 consistent revenue growth and strong margins. The balance sheet is robust with low leverage, providing financial stability. Cash flow generation is improving, although there is a slight decline in the conversion of earnings to cash. Overall, the company is well-positioned in the regional banking sector, with opportunities to enhance profitability and cash flow efficiency.

Income Statement

First Commonwealth shows a consistent revenue growth trend with a TTM revenue growth rate of 1.11%. The gross profit margin remains strong at 64.31% TTM, indicating efficient cost management. However, the net profit margin has slightly decreased to 18.94% TTM from 20.38% in the previous year, suggesting some pressure on profitability. EBIT and EBITDA margins are stable, reflecting solid operational performance.

Balance Sheet

The company maintains a low debt-to-equity ratio of 0.018 TTM, indicating strong financial stability and low leverage risk. Return on equity is modest at 3.25% TTM, showing room for improvement in generating returns for shareholders. The equity ratio is robust, reflecting a strong capital structure.

Cash Flow

Operating cash flow to net income ratio is healthy at 0.68 TTM, indicating good cash generation relative to earnings. Free cash flow growth is positive at 4.37% TTM, showing improvement in cash flow generation. However, the free cash flow to net income ratio is slightly lower at 0.89 TTM compared to previous periods, suggesting some challenges in converting earnings to cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	707.59M	699.69M	626.61M	428.66M	400.60M	395.69M
Gross Profit	455.07M	448.95M	467.47M	389.82M	386.67M	306.03M
EBITDA	174.65M	184.01M	201.66M	170.74M	184.26M	101.86M
Net Income	134.03M	142.57M	157.06M	128.18M	138.26M	73.45M
Balance Sheet
Total Assets	12.24B	11.58B	11.46B	9.81B	9.55B	9.07B
Cash, Cash Equivalents and Short-Term Investments	1.27B	1.28B	1.17B	916.90M	1.44B	1.19B
Total Debt	532.43M	343.12M	784.59M	553.92M	320.58M	350.63M
Total Liabilities	10.72B	10.18B	10.15B	8.75B	8.44B	8.00B
Stockholders Equity	1.52B	1.41B	1.31B	1.05B	1.11B	1.07B
Cash Flow
Free Cash Flow	135.87M	113.92M	128.72M	140.21M	154.41M	98.08M
Operating Cash Flow	153.42M	129.46M	150.76M	151.41M	165.05M	105.70M
Investing Cash Flow	-323.80M	-121.72M	-574.27M	-588.79M	-565.30M	-483.14M
Financing Cash Flow	142.25M	-21.32M	416.26M	196.25M	439.05M	612.16M

First Commonwealth Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 15.29
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• 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 Negative. The current price of 15.29 is below the 20-day moving average (MA) of 15.82, below the 50-day MA of 16.62, and below the 200-day MA of 15.94, indicating a bearish trend. The MACD of -0.30 indicates Negative momentum. The RSI at 45.79 is Neutral, neither overbought nor oversold. The STOCH value of 42.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FCF.

First Commonwealth Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OFG	75 Outperform	$1.81B	9.22	14.82%	2.94%	3.98%	6.75%
CHCO	74 Outperform	$1.73B	13.84	16.42%	2.69%	6.09%	11.49%
CASH	74 Outperform	$1.56B	8.73	21.81%	0.29%	7.80%	19.38%
FCF	72 Outperform	$1.65B	11.34	9.71%	3.40%	3.83%	―
NWBI	71 Outperform	$1.71B	13.36	6.55%	6.83%	15.94%	16.17%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
VBTX	59 Neutral	$1.66B	14.37	7.25%	3.50%	-1.28%	32.40%

First Commonwealth Corporate Events

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.

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.

The most recent analyst rating on (FCF) stock is a Hold with a $16.00 price target. To see the full list of analyst forecasts on First Commonwealth stock, see the FCF Stock Forecast page.

First Commonwealth Financial’s Earnings Call Highlights Growth Amid Challenges

The latest earnings call for First Commonwealth Financial Corporation painted a generally positive picture, highlighting significant achievements in key financial metrics. The company reported strong earnings per share, net interest margin expansion, and robust growth in both loans and deposits. Despite these successes, concerns were raised regarding an increase in nonperforming loans and provision expenses. The successful integration of the CenterBank acquisition and impressive fee income growth further contributed to the positive sentiment expressed during the call.

First Commonwealth Financial Reports Strong Q2 2025 Results

First Commonwealth Financial Corporation, headquartered in Indiana, Pennsylvania, operates as a financial services company offering a range of commercial banking, consumer banking, mortgage, equipment finance, wealth management, and insurance products and services across Pennsylvania and Ohio.