First Commonwealth Financial (FCF) Stock Price, News & Analysis

Company Overview

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. In addition, it 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. The company was founded in 1934 and is headquartered in Indiana, Pennsylvania.

Key Stats

• Today's Range: $16.56 to $17.15
• 50-Day Range: $16.27 to $19.44
• 52-Week Range: $12.41 to $19.96
• Volume: 1.76 million shs
• Average Volume: 520,044 shs
• Market Capitalization: $1.72 billion
• P/E Ratio: 11.44
• Dividend Yield: 3.07%
• Price Target: $17.70
• Consensus Rating: Hold

First Commonwealth Financial Stock Analysis - MarketRank™

First Commonwealth Financial scored higher than 48% of companies evaluated by MarketBeat, and ranked 642nd out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

First Commonwealth Financial has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

First Commonwealth Financial has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 2.14%

Earnings Growth

Earnings for First Commonwealth Financial are expected to grow by 2.14% in the coming year, from $1.40 to $1.43 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First Commonwealth Financial is 11.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.00.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Commonwealth Financial is 11.44, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 28.17.

Price to Book Value per Share Ratio

First Commonwealth Financial has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.05% of the outstanding shares of First Commonwealth Financial have been sold short.

Short Interest Ratio / Days to Cover

First Commonwealth Financial has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First Commonwealth Financial has recently increased by 10.63%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

First Commonwealth Financial pays a meaningful dividend of 2.91%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

First Commonwealth Financial does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of First Commonwealth Financial is 35.14%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, First Commonwealth Financial will have a dividend payout ratio of 36.36% next year. This indicates that First Commonwealth Financial will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.05% of the outstanding shares of First Commonwealth Financial have been sold short.

Short Interest Ratio / Days to Cover

First Commonwealth Financial has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First Commonwealth Financial has recently increased by 10.63%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.63

News Sentiment

First Commonwealth Financial has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.78 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for First Commonwealth Financial this week, compared to 3 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, First Commonwealth Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $49,594.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 1.97% of the stock of First Commonwealth Financial is held by insiders.

Percentage Held by Institutions

72.58% of the stock of First Commonwealth Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FCF Stock Analysis - Frequently Asked Questions

How have FCF shares performed this year?

First Commonwealth Financial's stock was trading at $15.44 at the start of the year. Since then, FCF stock has increased by 9.7% and is now trading at $16.93.
View the best growth stocks for 2024 here.

How were First Commonwealth Financial's earnings last quarter?

First Commonwealth Financial Co. (NYSE:FCF) released its quarterly earnings data on Tuesday, October, 29th. The bank reported $0.31 EPS for the quarter, missing analysts' consensus estimates of $0.36 by $0.05. The company's revenue for the quarter was down 1.1% on a year-over-year basis.

Who are First Commonwealth Financial's major shareholders?

Top institutional investors of First Commonwealth Financial include State Street Corp (4.52%), Charles Schwab Investment Management Inc. (3.70%), Franklin Resources Inc. (3.37%) and Geode Capital Management LLC (2.29%). Insiders that own company stock include Ray T Charley, T Michael Price, Michael P Mccuen and Carrie L Riggle.
View institutional ownership trends.

How do I buy shares of First Commonwealth Financial?

Shares of FCF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of First Commonwealth Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Commonwealth Financial investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Home Depot (HD) and Alphabet (GOOG).

Company Calendar

• Last Earnings: 10/29/2024
• Ex-Dividend for 11/22 Dividend: 11/08/2024
• Dividend Payable: 11/22/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: National commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NYSE:FCF
• CUSIP: 31982910
• CIK: 712537
• Web: www.fcbanking.com
• Phone: (724) 349-7220
• Fax: 724-349-6427
• Employees: 1,504
• Year Founded: 1982

Price Target and Rating

• Average Stock Price Target: $17.70
• High Stock Price Target: $20.00
• Low Stock Price Target: $15.50
• Potential Upside/Downside: +4.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.48
• Trailing P/E Ratio: 11.44
• Forward P/E Ratio: 12.09
• P/E Growth: N/A
• Net Income: $157.06 million
• Net Margins: 21.87%
• Pretax Margin: 27.46%
• Return on Equity: 11.19%
• Return on Assets: 1.30%

Debt

• Debt-to-Equity Ratio: 0.10
• Current Ratio: 0.92
• Quick Ratio: 0.92

Sales & Book Value

• Annual Sales: $477.74 million
• Price / Sales: 3.61
• Cash Flow: $1.59 per share
• Price / Cash Flow: 10.65
• Book Value: $12.87 per share
• Price / Book: 1.32

Miscellaneous

• Outstanding Shares: 101,783,000
• Free Float: 99,778,000
• Market Cap: $1.72 billion
• Optionable: Optionable
• Beta: 0.86