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what it is
First Commonwealth is a regional bank that takes deposits, makes loans, and runs 126 community offices in Pennsylvania and Ohio.
how it gets paid
Last year Fcf made $633M in revenue. Consumer banking was the main engine at $279M, or 44% of sales.
why it's growing
Revenue grew 5.4% last year. Revenue rose 188% vs. prior year to $469M.
what just happened
First Commonwealth posted $1.04 EPS and $469M in revenue last quarter.
At a glance
B++ balance sheet — above average — nothing keeping you up at night
75/100 earnings predictability — reasonably predictable
10.3x trailing p/e — the market's not buying it — or you found a deal
3.2% dividend yield — cash in your pocket every quarter
$1.46 fy2025 eps est
xvary composite: 61/100 — average
What they do
First Commonwealth is a regional bank that takes deposits, makes loans, and runs 126 community offices in Pennsylvania and Ohio.
You are not picking a bank from an app drawer. 126 community banking offices across 30 counties make deposits and loans harder to move. Its B++ balance sheet grade means above-average finances, so you are not buying a shaky lender.
How they make money
$633M
annual revenue · their business grew +5.4% last year
Consumer banking
$279M
+4.8%
Commercial banking
$196M
+6.1%
Mortgage banking
$84M
+3.2%
Fees and other banking income
$74M
+2.0%
The products that matter
business lending and treasury services
Commercial banking
supports the $458M spread-income engine
This is the part of the bank that turns deposits into loans and helps drive most of the $458M in net interest income.
core earnings driver
consumer deposits and lending
Consumer banking
$6.7B deposit base
The $6.7B deposit base matters because low-cost funding is what makes a regional bank's loan book work.
funding base
advisory, trust, and investment fees
Wealth management
helps diversify $175M of fee income
This business feeds the $175M non-interest income line, which matters because fee revenue is less tied to the rate cycle than lending spreads are.
rate-cycle hedge
Key numbers
$633M
ttm revenue
You are buying a $633M bank, not a tiny branch lottery. That gives it enough size to absorb a bad quarter.
126
branches
126 community offices mean FCF still depends on local relationships, not just an app and a logo.
10.3x
trailing p/e
You pay 10.3 dollars for each dollar of trailing earnings. That leaves less room for a disappointment.
3.2%
dividend yield
You collect $3.20 a year for every $100 invested. That is real cash while you wait.
Financial health
B++
strength
- balance sheet grade B++ — above average financial health
- risk rank 3 — safer than 50% of stocks
- price stability 75 / 100
- long-term debt $263M (13% of capital)
B++ — functional but not a standout on the balance sheet.
Total return vs. market
Return history isn't available for FCF right now.
source: institutional data · return history unavailable
What just happened
beat estimates
First Commonwealth posted $1.04 EPS and $469M in revenue last quarter.
Revenue rose 188% vs. prior year to $469M, and EPS rose 167% to $1.04. EPS beat the $0.35 estimate by 22.86%.
$469M
revenue
$1.04
eps
188%
revenue growth
EPS beat
EPS was $1.04 versus the $0.35 estimate, a 22.86% surprise.
source: company earnings report, 2026
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What could go wrong
the #1 risk is deposit-cost pressure squeezing net interest margin.
high
Deposit costs rise faster than loan yields
This bank gets 72.4% of revenue from net interest income. If funding gets more expensive and loan pricing does not keep up, the $458M core earnings line compresses fast.
High impact on the main profit engine.
med
CenterBank integration misses the script
The recent EPS beat leaned on integration progress. If customer retention slips or cost saves disappoint, the market stops treating 1.1x book as justified execution premium.
Medium impact on earnings quality and valuation.
low
Regional bank sentiment turns against everyone at once
This is the quiet part. Sometimes the market stops caring which small bank is better run and just derates the group. A stock already near the top of its $13–$19 range has less protection if that happens.
Lower probability, real multiple risk.
A premium to book can vanish quicker than book value itself. When your edge is "steady," the market punishes any sign you are not.
source: institutional data · regulatory filings · risk analysis
Pay attention to
core metric
Net interest income holds above the current $458M base
That line is 72.4% of revenue. If it stalls or reverses, the bank's whole earnings story gets thinner.
capital return
$25M buyback execution
The authorization matters less than the pace. Against a roughly $2B market cap, real follow-through would signal management sees value here.
integration risk
CenterBank synergies without customer leakage
Recent earnings framed integration as a help, not a drag. You want to see that remain true after the easy wins are gone.
calendar
Q1 2026 earnings call
Estimated for Tuesday, May 5, 2026. Listen for deposit costs, loan pricing, and whether management still sounds confident on integration.
Analyst rankings
earnings predictability
75 / 100
In human-speak: analysts expect a pretty normal bank, with fewer earnings surprises than the average small cap.
risk rank
3
That puts it in the middle of the pack on safety. Not fragile, not a fortress.
price stability
75 / 100
The stock has been steadier than plenty of small caps. You are buying moderation, not momentum.
source: institutional data
Institutional activity
institutional ownership data for FCF is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$18
current price
n/a
target midpoint · n/a from current
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