First Commonwealth Financial (FCF) Projected to Post Earnings on Tuesday

First Commonwealth Financial (NYSE:FCF - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Tuesday, July 29th. Analysts expect First Commonwealth Financial to post earnings of $0.34 per share and revenue of $125.88 million for the quarter.

First Commonwealth Financial (NYSE:FCF - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The bank reported $0.32 EPS for the quarter, hitting the consensus estimate of $0.32. The company had revenue of $118.51 million for the quarter, compared to the consensus estimate of $117.70 million. First Commonwealth Financial had a return on equity of 9.80% and a net margin of 19.68%. First Commonwealth Financial's quarterly revenue was up 1.5% on a year-over-year basis. During the same period last year, the business posted $0.37 EPS. On average, analysts expect First Commonwealth Financial to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First Commonwealth Financial Trading Down 0.0%

FCF traded down $0.01 during trading on Friday, hitting $16.91. 321,176 shares of the stock were exchanged, compared to its average volume of 698,707. The firm has a 50 day simple moving average of $16.08 and a 200 day simple moving average of $15.92. The firm has a market cap of $1.77 billion, a price-to-earnings ratio of 12.61 and a beta of 0.81. First Commonwealth Financial has a 1 year low of $13.54 and a 1 year high of $19.96. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.92 and a current ratio of 0.92.

First Commonwealth Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Friday, May 9th were issued a $0.135 dividend. The ex-dividend date of this dividend was Friday, May 9th. This is an increase from First Commonwealth Financial's previous quarterly dividend of $0.13. This represents a $0.54 dividend on an annualized basis and a dividend yield of 3.19%. First Commonwealth Financial's dividend payout ratio (DPR) is currently 40.30%.

Insider Buying and Selling

In related news, Director Todd D. Brice purchased 7,000 shares of the company's stock in a transaction dated Tuesday, May 13th. The stock was acquired at an average cost of $16.09 per share, for a total transaction of $112,630.00. Following the completion of the transaction, the director directly owned 10,500 shares of the company's stock, valued at approximately $168,945. This trade represents a 200.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 2.17% of the company's stock.

Institutional Investors Weigh In On First Commonwealth Financial

A number of large investors have recently made changes to their positions in the stock. Millennium Management LLC grew its position in shares of First Commonwealth Financial by 700.8% in the first quarter. Millennium Management LLC now owns 384,829 shares of the bank's stock valued at $5,980,000 after purchasing an additional 336,775 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in First Commonwealth Financial by 9.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 242,968 shares of the bank's stock valued at $3,776,000 after acquiring an additional 21,839 shares during the last quarter. AQR Capital Management LLC lifted its holdings in First Commonwealth Financial by 15.0% in the first quarter. AQR Capital Management LLC now owns 194,601 shares of the bank's stock valued at $3,024,000 after acquiring an additional 25,310 shares during the last quarter. Royal Bank of Canada lifted its holdings in First Commonwealth Financial by 12.6% in the first quarter. Royal Bank of Canada now owns 188,826 shares of the bank's stock valued at $2,935,000 after acquiring an additional 21,108 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in First Commonwealth Financial by 214.9% in the first quarter. Jane Street Group LLC now owns 108,604 shares of the bank's stock valued at $1,688,000 after acquiring an additional 74,117 shares during the last quarter. 72.58% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Royal Bank Of Canada cut their price target on First Commonwealth Financial from $20.00 to $18.00 and set an "outperform" rating on the stock in a report on Thursday, May 1st. Keefe, Bruyette & Woods cut their price target on First Commonwealth Financial from $19.00 to $18.00 and set a "market perform" rating on the stock in a report on Friday, May 2nd. Finally, Wall Street Zen downgraded First Commonwealth Financial from a "hold" rating to a "sell" rating in a report on Wednesday, May 7th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $18.92.

About First Commonwealth Financial

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.