Financial Services - Banks - Regional - NYSE - US
$ 18.74
0.107 %
$ 1.91 B
Market Cap
12.66
P/E
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.[ Read More ]
The intrinsic value of one FCF stock under the base case scenario is HIDDEN Compared to the current market price of 18.7 USD, First Commonwealth Financial Corporation is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart FCF
FINANCIALS
467 M
REVENUE
261 M
OPERATING INCOME
157 M
NET INCOME
163 M
OPERATING CASH FLOW
-586 M
INVESTING CASH FLOW
416 M
FINANCING CASH FLOW
179 M
REVENUE
40.5 M
OPERATING INCOME
32.1 M
NET INCOME
29.1 M
OPERATING CASH FLOW
43.2 M
INVESTING CASH FLOW
322 M
FINANCING CASH FLOW
Balance Sheet Decomposition
First Commonwealth Financial Corporation
| Current Assets | 294 M |
| Cash & Short-Term Investments | 147 M |
| Receivables | 0 |
| Other Current Assets | 147 M |
| Non-Current Assets | 11.6 B |
| Long-Term Investments | 162 M |
| PP&E | 121 M |
| Other Non-Current Assets | 11.3 B |
| Current Liabilities | 4.67 B |
| Accounts Payable | 0 |
| Short-Term Debt | 604 M |
| Other Current Liabilities | 4.07 B |
| Non-Current Liabilities | 10.1 B |
| Long-Term Debt | 186 M |
| Other Non-Current Liabilities | 9.96 B |
EFFICIENCY
Earnings Waterfall
First Commonwealth Financial Corporation
| Revenue | 467 M |
| Cost Of Revenue | -159 M |
| Gross Profit | 626 M |
| Operating Expenses | 206 M |
| Operating Income | 261 M |
| Other Expenses | 104 M |
| Net Income | 157 M |
RATIOS
134.05%
GROSS MARGIN
55.90%
OPERATING MARGIN
33.61%
NET MARGIN
11.95%
ROE
1.37%
ROA
9.89%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
First Commonwealth Financial Corporation
| Net Income | 157 M |
| Depreciation & Amortization | 4.1 M |
| Capital Expenditures | -22 M |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -8.45 M |
| Others | -1.41 M |
| Free Cash Flow | 141 M |
Wall Street Analysts Price Targets
First Commonwealth Financial Corporation
Wall Street analysts predict an average 1-year price target for FCF of $18.3 , with forecasts ranging from a low of $16 to a high of $22 .
FCF Lowest Price Target
Wall Street Target
16 USD
-14.62%
FCF Average Price Target
Wall Street Target
18.3 USD
-2.17%
FCF Highest Price Target
Wall Street Target
22 USD
17.40%
4. DIVIDEND ANALYSIS
0.76%
DIVIDEND YIELD
0.13 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
First Commonwealth Financial Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
117 K USD 1
9-12 MONTHS
0 USD 0
Bought
49.6 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 month ago
Sep 23, 2024
|
Bought 49.6 K USD
|
McCuen Michael P
EVP/Chief Lending Officer |
+ 2919
|
16.99 USD |
|
8 months ago
Feb 26, 2024
|
Sell 117 K USD
|
KARRIP BRIAN G
EVP/Chief Credit Officer |
- 8926
|
13.09 USD |
|
1 year ago
Nov 03, 2023
|
Sell 99.9 K USD
|
Riggle Carrie L
EVP/Human Resources |
- 7563
|
13.21 USD |
|
1 year ago
Oct 27, 2023
|
Sell 10.5 K USD
|
CHARLEY RAY T
Director |
- 875
|
12.02 USD |
|
1 year ago
Mar 17, 2023
|
Bought 50.1 K USD
|
CHARLEY RAY T
Director |
+ 3900
|
12.85 USD |
|
1 year ago
Mar 14, 2023
|
Bought 104 K USD
|
CHARLEY RAY T
Director |
+ 8000
|
13.03 USD |
|
1 year ago
Mar 13, 2023
|
Bought 53 K USD
|
CHARLEY RAY T
Director |
+ 4000
|
13.26 USD |
|
1 year ago
Jan 27, 2023
|
Bought 183 K USD
|
Price T Michael
President & CEO |
+ 13212
|
13.87 USD |
|
3 years ago
Jun 08, 2021
|
Sell 304 K USD
|
Montgomery Norman J
EVP-Business Integration Group |
- 20000
|
15.22 USD |
|
3 years ago
Mar 05, 2021
|
Sell 36.2 K USD
|
Tomb Matthew C
EVP/Chief Risk Officer |
- 2500
|
14.5 USD |
|
3 years ago
Feb 26, 2021
|
Sell 110 K USD
|
KARRIP BRIAN G
EVP/Chief Credit Officer |
- 8000
|
13.69 USD |
|
3 years ago
Feb 08, 2021
|
Sell 158 K USD
|
Tomb Matthew C
EVP/Chief Risk Officer |
- 12500
|
12.61 USD |
|
3 years ago
Nov 19, 2020
|
Bought 99.6 K USD
|
Price T Michael
President & CEO |
+ 10000
|
9.96 USD |
|
4 years ago
May 19, 2020
|
Bought 9.99 K USD
|
Wolfe Stephen A
Director |
+ 1330
|
7.5112 USD |
|
4 years ago
May 13, 2020
|
Bought 27.7 K USD
|
Tomb Matthew C
EVP/Chief Risk Officer |
+ 4000
|
6.93 USD |
|
4 years ago
Mar 19, 2020
|
Bought 57.8 K USD
|
Price T Michael
President & CEO |
+ 6740
|
8.57 USD |
|
4 years ago
Mar 18, 2020
|
Bought 27.8 K USD
|
Price T Michael
President & CEO |
+ 3260
|
8.53 USD |
|
4 years ago
Mar 12, 2020
|
Bought 18 K USD
|
DAHLMANN DAVID S
Director |
+ 2000
|
9.0093 USD |
|
4 years ago
Mar 10, 2020
|
Bought 29.5 K USD
|
Tomb Matthew C
EVP/Chief Risk Officer |
+ 3000
|
9.82 USD |
|
5 years ago
May 24, 2019
|
Bought 12.9 K USD
|
Tomb Matthew C
EVP-Chief Risk Officer |
+ 1000
|
12.9 USD |
|
5 years ago
Dec 18, 2018
|
Bought 97.9 K USD
|
Latimer Luke A
Director |
+ 8000
|
12.2396 USD |
|
5 years ago
Dec 06, 2018
|
Bought 14.9 K USD
|
Latimer Luke A
Director |
+ 1170
|
12.7599 USD |
|
6 years ago
Oct 29, 2018
|
Bought 51.6 K USD
|
CHARLEY RAY T
Director |
+ 4000
|
12.9 USD |
|
6 years ago
May 30, 2018
|
Sell 789 K USD
|
Price T Michael
President & CEO |
- 50127
|
15.748 USD |
|
7 years ago
May 08, 2017
|
Bought 42.1 K USD
|
Johnson Bart E
Director |
+ 3267
|
12.879 USD |
|
8 years ago
May 05, 2016
|
Bought 40.1 K USD
|
Price T Michael
President & CEO |
+ 4580
|
8.7657 USD |
|
8 years ago
Apr 05, 2016
|
Bought 9.89 K USD
|
Latimer Luke A
Director |
+ 1112
|
8.89 USD |
|
9 years ago
Sep 04, 2015
|
Bought 21.7 K USD
|
Claus Gary R
Director |
+ 2500
|
8.6781 USD |
|
9 years ago
Aug 26, 2015
|
Bought 8.6 K USD
|
Tomb Matthew C
EVP/Chief Risk Officer |
+ 1000
|
8.6 USD |
|
11 years ago
May 13, 2013
|
Bought 18.1 K USD
|
Emmerich I. Robert
EVP/Chief Credit Officer |
+ 2000
|
9.03 USD |
|
9 years ago
May 13, 2015
|
Sell 14.3 K USD
|
Emmerich I. Robert
EVP/Chief Credit Officer |
- 1592
|
9.01 USD |
|
9 years ago
Jan 30, 2015
|
Bought 15.8 K USD
|
Tomb Matthew C
ExecVP/Chief Risk Officer |
+ 2000
|
7.91 USD |
|
9 years ago
Dec 02, 2014
|
Bought 17.6 K USD
|
Tomb Matthew C
ExecVP/Chief Risk Officer |
+ 2000
|
8.82 USD |
|
9 years ago
Nov 25, 2014
|
Bought 36.8 K USD
|
Price T Michael
President & CEO |
+ 4000
|
9.19 USD |
|
9 years ago
Nov 24, 2014
|
Bought 228 K USD
|
Price T Michael
President & CEO |
+ 25000
|
9.14 USD |
|
10 years ago
Nov 14, 2014
|
Bought 18.6 K USD
|
Tomb Matthew C
EVP/Chief Risk Officer |
+ 2000
|
9.28 USD |
|
10 years ago
Aug 04, 2014
|
Bought 21.4 K USD
|
Claus Gary R
Director |
+ 2500
|
8.56 USD |
|
10 years ago
Jun 02, 2014
|
Bought 43.1 K USD
|
GORNEY JON L
Director |
+ 5000
|
8.62 USD |
|
11 years ago
Jul 29, 2013
|
Bought 13.3 K USD
|
Claus Gary R
Director |
+ 1797
|
7.42 USD |
|
11 years ago
Jul 29, 2013
|
Bought 5.2 K USD
|
Claus Gary R
Director |
+ 703
|
7.4 USD |
|
11 years ago
Apr 30, 2013
|
Bought 10 K USD
|
Latimer Luke A
Director |
+ 1406
|
7.11 USD |
|
11 years ago
Feb 28, 2013
|
Bought 9.98 K USD
|
Latimer Luke A
Director |
+ 1363
|
7.32 USD |
|
11 years ago
Feb 07, 2013
|
Bought 18.4 K USD
|
Price T Michael
President & CEO |
+ 2600
|
7.0808 USD |
|
11 years ago
Dec 03, 2012
|
Bought 16 K USD
|
Claus Gary R
Director |
+ 2500
|
6.38 USD |
|
12 years ago
Mar 21, 2012
|
Sell 65.5 K USD
|
VENTURA ROBERT J
Director |
- 10000
|
6.5539 USD |
|
12 years ago
Mar 19, 2012
|
Sell 154 K USD
|
VENTURA ROBERT J
Director |
- 23024
|
6.69 USD |
|
12 years ago
Mar 01, 2012
|
Bought 30.8 K USD
|
DAHLMANN DAVID S
Director |
+ 5081
|
6.058 USD |
|
12 years ago
Feb 21, 2012
|
Bought 2.39 K USD
|
Claus Gary R
Director |
+ 400
|
5.98 USD |
|
12 years ago
Feb 21, 2012
|
Bought 12.6 K USD
|
Claus Gary R
Director |
+ 2100
|
5.99 USD |
|
13 years ago
Aug 11, 2011
|
Bought 12.1 K USD
|
DAHLMANN DAVID S
Director |
+ 3000
|
4.04 USD |
|
13 years ago
Aug 11, 2011
|
Bought 11.9 K USD
|
DOLAN JOHN J
President & CEO |
+ 3000
|
3.98 USD |
|
13 years ago
Aug 11, 2011
|
Bought 39.8 K USD
|
ROUT ROBERT E
Chief Financial Officer |
+ 10000
|
3.98 USD |
|
13 years ago
Aug 09, 2011
|
Bought 8.38 K USD
|
Tomb Matthew C
EVP/Chief Risk Officer |
+ 2000
|
4.19 USD |
|
13 years ago
Aug 04, 2011
|
Bought 9.8 K USD
|
Tomb Matthew C
EVP/Chief Risk Officer |
+ 2000
|
4.9 USD |
|
13 years ago
Jul 29, 2011
|
Bought 10.5 K USD
|
DOLAN JOHN J
President&CEO |
+ 2000
|
5.2561 USD |
7. News
Occidental Petroleum Is A Buy Once Again
Occidental Petroleum's impressive 3Q 2024 results include record production of 1.4 million barrels/day and strong FCF of $1.5 billion. The CrownRock acquisition boosts production, with 109k barrels in 3Q 2024 and expected 50% growth in 4Q, enhancing portfolio strength. Financially, Occidental is rapidly de-leveraging, repaying $4 billion in debt, and trading at a double-digit FCF yield, promising substantial shareholder returns.
seekingalpha.com
- 1 day ago
Suncor Energy: Significant FCF Generation In Q3, Supported By Decline Rates In The Industry
Suncor just reported the highest refining throughput in the company's history at 488,000 barrels per day, and the upstream segment also reported its best third quarter ever. The management change that occurred in 2023 led to a strategic review of the portfolio, and the improvements in operational efficiency are clearly visible by now. Suncor's asset base is characterized by a high level of integration along with a compelling concentration around low-decline oil sand mining assets.
seekingalpha.com
- 3 days ago
fuboTV: Positive FCF Would Likely Completely Change Sentiment
Shareholder dilution is likely to continue for some time in order to improve the debt situation. But revenue growth, customer growth and FCF are all on a positive trajectory. And a positive FCF, I think, would improve sentiment and lead to a multiple re-rating.
seekingalpha.com
- 1 week ago
First Commonwealth Financial Corporation (FCF) Q3 2024 Earnings Call Transcript
First Commonwealth Financial Corporation (NYSE:FCF ) Q3 2024 Earnings Conference Call October 30, 2024 2:00 PM ET Company Participants Ryan Thomas - VP, Finance & IR Thomas Michael Price - President & CEO James Reske – CFO Jane Grebenc - Bank President & CRO Brian Sohocki - Chief Credit Officer Mike McCuen - Chief Lending Officer Conference Call Participants Daniel Tamayo - Raymond James Karl Shepard – RBC Capital Markets Kelly Motta – KBW Matthew Breese – Stephens Frank Schiraldi - Piper Sandler Manuel Navas - D.A. Davidson Daniel Cardenas - Janney Montgomery Scott Operator Thank you for standing by and welcome to the First Commonwealth Financial Corporation Third Quarter 2024 Earnings Release Conference Call.
seekingalpha.com
- 2 weeks ago
Compared to Estimates, First Commonwealth Financial (FCF) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for First Commonwealth Financial (FCF) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
- 2 weeks ago
First Commonwealth Financial (FCF) Misses Q3 Earnings Estimates
First Commonwealth Financial (FCF) came out with quarterly earnings of $0.31 per share, missing the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.39 per share a year ago.
zacks.com
- 2 weeks ago
First Commonwealth Announces Third Quarter 2024 Earnings; Declares Quarterly Dividend
INDIANA, Pa., Oct. 29, 2024 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) today announced financial results for the third quarter of 2024.
globenewswire.com
- 2 weeks ago
TotalEnergies: Q3 Likely Weaker But Dual-Pillar Growth Story Remains Intact
Q3 results previewed weaker as refining margins seen down 66% from Q2. Also factoring in lower liquids prices and weaker trading, we estimate Q3 CFO down 8% q/q. Yet, we remain highly positive on Total's midterm outlook with mgmt guiding for ~7% FCF/sh CAGR through 2030, materially above Shell and BP. This is supported by Integrated Power becoming FCF-positive by 2028 and production growing at ~3% annually, potentially making Total the largest European major by the end of the decade.
seekingalpha.com
- 1 month ago
First Commonwealth to Host Third Quarter 2024 Earnings Conference Call on Wednesday, October 30, 2024
INDIANA, Pa., Oct. 15, 2024 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) announced today that it will host a conference call on Wednesday, October 30, 2024 at 2:00 p.m. Eastern Time to discuss financial results for the quarter ended September 30, 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 Third Quarter 2024 financial results after the market closes on Tuesday, October 29, 2024.
globenewswire.com
- 1 month ago
Central Garden & Pet Company: Generating Consistent And Sustainable FCF Across Different Economic Cycles
Central Garden & Pet Company reported a 3% YoY sales decline in 3Q24, with gross margins improving but operating and net incomes declining. The company's revenue outlook remains weak due to poor consumer sentiment, unfavorable weather, softer pet adoptions, and macroeconomic pressures. The Cost & Simplicity program has yet to significantly improve financials, with operating costs remaining elevated despite some margin improvements.
seekingalpha.com
- 1 month ago
Why I'm Upgrading Petrobras Back To Buy
I'm upgrading Petrobras back to "Buy" due to higher-than-expected FCF yield and business resilience despite struggling commodities markets. Q2 results show increased net revenues, strong cash flow, and operational efficiency, with notable production and refining achievements. Petrobras maintains low-cost production and high FCF yields, supported by unique pre-salt assets and strategic investments in exploration and renewable energy.
seekingalpha.com
- 1 month ago
TD Synnex Corp.: FY25 Should Be A Better Year
I maintain a buy rating for SNX due to improving PC demand, AI adoption, and a complex IT environment driving growth. 3Q24 revenue grew 5% y/y to $14.7 billion, beating expectations; however, gross margin was softer at 6.5% vs. consensus of 6.9%. Despite lowered FY24 FCF outlook to $1 billion, growth investments justify this, and medium-term FCF target of >$1.5 billion/year remains intact.
seekingalpha.com
- 1 month ago
8. Profile Summary
First Commonwealth Financial Corporation FCF
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 1.91 B
Dividend Yield
0.76%
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.
Contact
601 Philadelphia Street, Indiana, PA, 15701
https://www.fcbanking.com
IPO Date
June 10, 1992
Employees
1500
Officers
Mr. James R. Reske CFA
Executive Vice President, Chief Financial Officer & Treasurer
Mr. Leonard V. Lombardi CIA, CFSA
Executive Vice President & Chief Audit Executive
Mr. Brian Sohocki
Executive Vice President & Chief Credit Officer
Ms. Jane Grebenc
Executive Vice President, Chief Revenue Officer & Director
Ms. Carrie L. Riggle
Executive Vice President of Human Resources
Mr. Ryan M. Thomas
Vice President / Finance and Investor Relations
Mr. Thomas Michael Price
President, Chief Executive Officer & Director
Mr. Rob Boyer
President of Equipment Finance Group
Ms. Linda D. Metzmaier
Chief Compliance Officer, Chief Compliance Officer & Senior Vice President of First Commonwealth Bank
Mr. Joseph Culos
Executive Vice President & Financial Solutions Executive