Stephens & Co. initiated coverage on First Commonwealth with a new price target
$FCF
Major Banks
Finance
Stephens & Co. initiated coverage of First Commonwealth with a rating of Overweight and set a new price target of $16.50
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/29/2024 | $16.00 → $19.00 | Buy → Neutral | Janney |
| 5/19/2023 | $14.00 | Equal-Weight → Overweight | Stephens |
| 2/21/2023 | Outperform → Mkt Perform | Raymond James | |
| 9/29/2022 | $16.00 | Buy | Janney |
| 8/3/2022 | $15.50 | Overweight → Equal-Weight | Stephens |
| 7/7/2022 | Outperform → Mkt Perform | Raymond James | |
| 1/27/2022 | $19.00 | Neutral → Buy | B. Riley Securities |
| 10/28/2021 | $16.00 → $19.00 | Sector Perform → Outperform | RBC Capital |
Keefe, Bruyette & Woods analyst Kelly Motta maintains First Commonwealth (NYSE:FCF) with a Market Perform and raises the price target from $16 to $18.
Piper Sandler analyst Frank Schiraldi maintains First Commonwealth (NYSE:FCF) with a Neutral and raises the price target from $14 to $17.
First Commonwealth (NYSE:FCF) reported quarterly earnings of $0.36 per share which beat the analyst consensus estimate of $0.35 by 2.86 percent. This is a 14.29 percent decrease over earnings of $0.42 per share from the same period last year. The company reported quarterly sales of $120.508 million which beat the analyst consensus estimate of $118.431 million by 1.75 percent. This is a 1.75 percent decrease over sales of $122.652 million the same period last year.
4 - FIRST COMMONWEALTH FINANCIAL CORP /PA/ (0000712537) (Issuer)
INDIANA, Pa., Oct. 29, 2024 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE:FCF) today announced financial results for the third quarter of 2024. Financial Summary (dollars in thousands,For the Three Months Ended For the Nine Months Ended except per share data)September 30, June 30, September 30, September 30, September 30, 2024 2024 2023 2024 2023 Reported Results Net income$32,086 $37,088 $39,231 $106,723 $112,236 Diluted earnings per share$0.31 $0.36 $0.38 $1.04 $1.10 Return on average assets 1.08% 1.28% 1.38% 1.22% 1.37% Return on average equity 9.19% 11.10% 12.46% 10.54% 12.35% Operating Results (non-GAAP)(1)
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 th
The law firm of Federman & Sherwood has initiated an investigation into First Commonwealth Federal Credit Union ("First Commonwealth") with respect to their recent data breach. On June 27, 2024, First Commonwealth became aware of an unauthorized cybersecurity incident. First Commonwealth immediately launched an investigation into the matter. The investigation discovered that on June 26, 2024, an unauthorized party may have accessed certain individuals' sensitive personal information. While the investigation is ongoing, First Commonwealth began sending notices to individuals that may be affected. The type of information potentially exposed includes: name, address, Social Security number, dat
INDIANA, Pa., Oct. 29, 2024 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE:FCF) today announced financial results for the third quarter of 2024. Financial Summary (dollars in thousands,For the Three Months Ended For the Nine Months Ended except per share data)September 30, June 30, September 30, September 30, September 30, 2024 2024 2023 2024 2023 Reported Results Net income$32,086 $37,088 $39,231 $106,723 $112,236 Diluted earnings per share$0.31 $0.36 $0.38 $1.04 $1.10 Return on average assets 1.08% 1.28% 1.38% 1.22% 1.37% Return on average equity 9.19% 11.10% 12.46% 10.54% 12.35% Operating Results (non-GAAP)(1)
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 th
INDIANA, Pa., July 23, 2024 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE:FCF) today announced financial results for the second quarter of 2024. Financial Summary (dollars in thousands,For the Three Months Ended For the Six Months Endedexcept per share data)June 30, March 31, June 30, June 30, June 30, 2024 2024 2023 2024 2023 Reported Results Net income$37,088 $37,549 $42,781 $74,637 $73,005 Diluted earnings per share$0.36 $0.37 $0.42 $0.73 $0.72 Return on average assets 1.28% 1.31% 1.54% 1.29% 1.36%Return on average equity 11.10% 11.40% 13.90% 11.24% 12.29% Operating Results (non-GAAP)(1) Core net income$
Janney downgraded First Commonwealth from Buy to Neutral and set a new price target of $19.00 from $16.00 previously
Stephens upgraded First Commonwealth from Equal-Weight to Overweight and set a new price target of $14.00
Raymond James downgraded First Commonwealth from Outperform to Mkt Perform
4 - FIRST COMMONWEALTH FINANCIAL CORP /PA/ (0000712537) (Issuer)
3 - FIRST COMMONWEALTH FINANCIAL CORP /PA/ (0000712537) (Issuer)
4 - FIRST COMMONWEALTH FINANCIAL CORP /PA/ (0000712537) (Issuer)
8-K - FIRST COMMONWEALTH FINANCIAL CORP /PA/ (0000712537) (Filer)
N-PX - FIRST COMMONWEALTH FINANCIAL CORP /PA/ (0000712537) (Filer)
13F-HR - FIRST COMMONWEALTH FINANCIAL CORP /PA/ (0000712537) (Filer)
SC 13G/A - FIRST COMMONWEALTH FINANCIAL CORP /PA/ (0000712537) (Subject)
SC 13G/A - FIRST COMMONWEALTH FINANCIAL CORP /PA/ (0000712537) (Subject)
SC 13G/A - FIRST COMMONWEALTH FINANCIAL CORP /PA/ (0000712537) (Subject)