First Commonwealth Financial
About: First Commonwealth Financial Corp functions in the financial services sector in the United States. Through its subsidiary, it offers a range of consumer and commercial banking services such as personal checking accounts, interest-earning checking accounts, savings accounts, insured money market accounts, investment certificates, fixed & variable rate certificates of deposit, and various kinds of loans. It also provides trust and wealth management services and offers insurance products. The company earns the majority of its revenue through net interest income.
Employees: 1,483
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
87% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 15
78% more call options, than puts
Call options by funds: $258K | Put options by funds: $145K
14% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 64
7% more funds holding
Funds holding: 182 [Q1] → 195 (+13) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
0.76% less ownership
Funds ownership: 74.73% [Q1] → 73.98% (-0.76%) [Q2]
2% less capital invested
Capital invested by funds: $1.06B [Q1] → $1.04B (-$19M) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Janney Montgomery Scott Daniel Cardenas 100% 1-year accuracy 2 / 2 met price target | 7%upside $19 | Neutral Downgraded | 29 Jul 2024 |
RBC Capital Jon Arfstrom 86% 1-year accuracy 38 / 44 met price target | 2%upside $18 | Outperform Maintained | 25 Jul 2024 |
Keefe, Bruyette & Woods Kelly Motta 69% 1-year accuracy 11 / 16 met price target | 2%upside $18 | Market Perform Maintained | 25 Jul 2024 |
Piper Sandler Frank Schiraldi 76% 1-year accuracy 16 / 21 met price target | 4%downside $17 | Neutral Maintained | 25 Jul 2024 |