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: 1,485
0
Funds holding %
of 7,372 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
1,050% more call options, than puts
Call options by funds: $23K | Put options by funds: $2K
17% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 23
1% more funds holding
Funds holding: 212 [Q3] → 215 (+3) [Q4]
0.36% more ownership
Funds ownership: 74.41% [Q3] → 74.76% (+0.36%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
1% less capital invested
Capital invested by funds: $1.31B [Q3] → $1.29B (-$18.2M) [Q4]
8% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 73
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$20
29%
upside
Avg. target
$21
35%
upside
High target
$22
39%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
RBC Capital Jon Afstrom 0% 1-year accuracy 0 / 2 met price target | 29%upside $20 | Outperform Reiterated | 30 Jan 2025 |
DA Davidson Manuel Navas 20% 1-year accuracy 2 / 10 met price target | 36%upside $21 | Buy Maintained | 30 Jan 2025 |
Stephens & Co. Matt Breese 20% 1-year accuracy 1 / 5 met price target | 39%upside $22 | Overweight Reiterated | 29 Jan 2025 |
Financial journalist opinion
Positive
Zacks Investment Research
1 week ago
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Commonwealth Financial (FCF) have what it takes?
Neutral
Seeking Alpha
1 month ago
First Commonwealth Financial Corporation (FCF) Q4 2024 Earnings Call Transcript
First Commonwealth Financial Corporation (NYSE:FCF ) Q4 2024 Earnings Conference Call January 29, 2025 2:00 PM ET Company Participants Ryan Thomas - Vice President, Finance and IR Mike Price - President and CEO Jim Reske - Chief Financial Officer Jane Grebenc - Bank President and CRO Brian Sohocki - Chief Credit Officer Conference Call Participants Daniel Tamayo - Raymond James Karl Shepard - RBC Capital Markets Kelly Motta - KBW Matthew Breese - Stephens, Inc. Manuel Navas - D.A. Davidson Operator Hello.
Positive
Zacks Investment Research
1 month ago
First Commonwealth Financial (FCF) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Commonwealth Financial (FCF) have what it takes?
Positive
Zacks Investment Research
1 month ago
Here's What Key Metrics Tell Us About First Commonwealth Financial (FCF) Q4 Earnings
Although the revenue and EPS for First Commonwealth Financial (FCF) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Negative
Zacks Investment Research
1 month ago
First Commonwealth Financial (FCF) Q4 Earnings and Revenues Lag Estimates
First Commonwealth Financial (FCF) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.44 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
First Commonwealth Announces Fourth Quarter and Full Year 2024 Earnings; Declares Quarterly Dividend
INDIANA, Pa., Jan. 28, 2025 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) today announced financial results for the fourth quarter and full year of 2024.
Neutral
GlobeNewsWire
1 month ago
First Commonwealth to Host Fourth Quarter and Full-Year 2024 Earnings Conference Call on Wednesday, January 29, 2025
INDIANA, Pa., Jan. 14, 2025 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) announced today that it will host a conference call on Wednesday, January 29, 2025 at 2:00 p.m. Eastern Time to discuss financial results for the quarter ended December 31, 2024. The call will be hosted by T. Michael Price, President and Chief Executive Officer. He will be joined by James R. Reske, Executive Vice President and Chief Financial Officer, Jane Grebenc, Executive Vice President and Chief Revenue Officer and Brian J. Sohocki, Executive Vice President and Chief Credit Officer. First Commonwealth will issue a press release reporting its Fourth Quarter 2024 financial results after the market closes on Tuesday, January 28, 2025.
Positive
Zacks Investment Research
2 months ago
First Commonwealth to Expand Footprint in Cincinnati With New Buyout
FCF's acquisition of CenterGroup will strengthen the former's commercially focused strategy in the Cincinnati market by adding a 65% business client base.
Neutral
GlobeNewsWire
2 months ago
First Commonwealth Financial Corporation Expands Presence in Cincinnati with Acquisition of CenterGroup Financial, Inc.
INDIANA, Pa. and CINCINNATI, Oh., Dec. 18, 2024 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (“First Commonwealth”) (NYSE: FCF), the holding company for First Commonwealth Bank, and CenterGroup Financial, Inc. (“CenterGroup”), the holding company for CenterBank, today jointly announced the signing of an Agreement and Plan of Merger (“Agreement”) providing for the merger of CenterGroup with and into First Commonwealth in an all-stock transaction valued at approximately $54.6 million in the aggregate, based upon the closing stock price of First Commonwealth as of December 17, 2024. Following the merger of CenterGroup with and into First Commonwealth, CenterBank will merge with and into First Commonwealth Bank.
Neutral
GlobeNewsWire
3 months ago
First Commonwealth Promotes Linda Metzmaier to Chief Risk Officer
INDIANA, Pa., Dec. 05, 2024 (GLOBE NEWSWIRE) -- In a move to respond to growth and further develop its Legal and Risk leadership teams, First Commonwealth Bank has promoted Deputy Chief Risk and Chief Compliance Officer Linda Metzmaier to Executive Vice President/Chief Risk Officer, effective Jan. 1, 2025.
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