Analysts Set Expectations for FCF Q2 Earnings

First Commonwealth Financial Co. (NYSE:FCF - Free Report) - DA Davidson issued their Q2 2025 EPS estimates for First Commonwealth Financial in a research report issued on Friday, May 2nd. DA Davidson analyst M. Navas anticipates that the bank will post earnings of $0.35 per share for the quarter. DA Davidson has a "Buy" rating and a $21.00 price target on the stock. The consensus estimate for First Commonwealth Financial's current full-year earnings is $1.45 per share. DA Davidson also issued estimates for First Commonwealth Financial's FY2025 earnings at $1.47 EPS.

A number of other research analysts have also weighed in on FCF. Stephens reaffirmed an "overweight" rating and issued a $21.50 price target on shares of First Commonwealth Financial in a research note on Wednesday, January 29th. Royal Bank of Canada reduced their target price on shares of First Commonwealth Financial from $20.00 to $18.00 and set an "outperform" rating for the company in a research note on Thursday, May 1st. StockNews.com downgraded First Commonwealth Financial from a "hold" rating to a "sell" rating in a research note on Wednesday. Finally, Keefe, Bruyette & Woods reduced their price objective on First Commonwealth Financial from $19.00 to $18.00 and set a "market perform" rating for the company in a research report on Friday, May 2nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $18.92.

First Commonwealth Financial Stock Up 0.3 %

Shares of FCF traded up $0.05 on Monday, hitting $15.69. The company's stock had a trading volume of 490,958 shares, compared to its average volume of 618,177. The firm's fifty day moving average price is $15.25 and its 200-day moving average price is $16.59. First Commonwealth Financial has a fifty-two week low of $12.71 and a fifty-two week high of $19.96. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of 11.29 and a beta of 0.77.

First Commonwealth Financial (NYSE:FCF - Get Free Report) last posted its earnings results on Tuesday, April 29th. The bank reported $0.32 earnings per share for the quarter, hitting the consensus estimate of $0.32. First Commonwealth Financial had a return on equity of 10.36% and a net margin of 20.38%. The firm had revenue of $118.51 million for the quarter, compared to analyst estimates of $117.70 million. During the same period in the previous year, the company posted $0.37 earnings per share. The company's revenue for the quarter was up 1.5% on a year-over-year basis.

First Commonwealth Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, May 9th will be issued a $0.135 dividend. This is a boost from First Commonwealth Financial's previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Friday, May 9th. This represents a $0.54 annualized dividend and a dividend yield of 3.44%. First Commonwealth Financial's dividend payout ratio (DPR) is presently 40.30%.

Institutional Trading of First Commonwealth Financial

Institutional investors and hedge funds have recently bought and sold shares of the stock. Crowley Wealth Management Inc. bought a new stake in shares of First Commonwealth Financial during the 4th quarter worth approximately $42,000. Wilmington Savings Fund Society FSB acquired a new stake in First Commonwealth Financial in the third quarter valued at $46,000. Sterling Capital Management LLC grew its position in shares of First Commonwealth Financial by 815.8% in the 4th quarter. Sterling Capital Management LLC now owns 3,187 shares of the bank's stock valued at $54,000 after acquiring an additional 2,839 shares during the period. Jones Financial Companies Lllp grew its position in shares of First Commonwealth Financial by 56.8% in the 4th quarter. Jones Financial Companies Lllp now owns 3,388 shares of the bank's stock valued at $57,000 after acquiring an additional 1,227 shares during the period. Finally, Smartleaf Asset Management LLC increased its stake in shares of First Commonwealth Financial by 173.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,396 shares of the bank's stock worth $57,000 after purchasing an additional 2,154 shares during the last quarter. Institutional investors own 72.58% of the company's stock.

First Commonwealth Financial Company Profile

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.