Brokers Set Expectations for FCF Q1 Earnings

First Commonwealth Financial Co. (NYSE:FCF) – Analysts at DA Davidson issued their Q1 2025 earnings per share estimates for First Commonwealth Financial in a report released on Friday, January 31st. DA Davidson analyst M. Navas anticipates that the bank will post earnings per share of $0.32 for the quarter. DA Davidson currently has a “Buy” rating and a $21.00 target price on the stock. The consensus estimate for First Commonwealth Financial’s current full-year earnings is $1.41 per share.

First Commonwealth Financial (NYSE:FCF) last announced its earnings results on Tuesday, January 28th. The bank reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.01). First Commonwealth Financial had a return on equity of 10.36% and a net margin of 20.38%.

A number of other research analysts also recently commented on FCF. Piper Sandler dropped their price target on First Commonwealth Financial from $17.00 to $16.00 and set a “neutral” rating for the company in a research note on Thursday, October 31st. Keefe, Bruyette & Woods boosted their target price on shares of First Commonwealth Financial from $18.00 to $20.00 and gave the company a “market perform” rating in a research report on Wednesday, December 4th. Royal Bank of Canada reiterated an “outperform” rating and set a $20.00 price target on shares of First Commonwealth Financial in a research report on Thursday, January 30th. StockNews.com cut shares of First Commonwealth Financial from a “hold” rating to a “sell” rating in a research note on Wednesday, January 29th. Finally, Stephens reaffirmed an “overweight” rating and issued a $21.50 target price on shares of First Commonwealth Financial in a report on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $19.58.

First Commonwealth Financial Price Performance

First Commonwealth Financial stock opened at $16.44 on Monday. The firm has a market cap of $1.67 billion, a PE ratio of 11.82 and a beta of 0.87. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.93 and a quick ratio of 0.92. The stock’s fifty day moving average price is $17.28 and its two-hundred day moving average price is $17.17. First Commonwealth Financial has a one year low of $12.41 and a one year high of $19.96.

First Commonwealth Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be issued a $0.13 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $0.52 dividend on an annualized basis and a yield of 3.16%. First Commonwealth Financial’s payout ratio is presently 37.41%.

Institutional Investors Weigh In On First Commonwealth Financial

Several hedge funds have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC raised its stake in shares of First Commonwealth Financial by 2,572.6% during the third quarter. Farther Finance Advisors LLC now owns 1,657 shares of the bank’s stock valued at $28,000 after acquiring an additional 1,595 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in First Commonwealth Financial during the 3rd quarter worth $46,000. CWM LLC lifted its holdings in First Commonwealth Financial by 92.0% during the 3rd quarter. CWM LLC now owns 3,830 shares of the bank’s stock worth $66,000 after buying an additional 1,835 shares during the period. nVerses Capital LLC bought a new stake in shares of First Commonwealth Financial in the 3rd quarter valued at about $72,000. Finally, KBC Group NV increased its stake in shares of First Commonwealth Financial by 61.6% in the fourth quarter. KBC Group NV now owns 5,842 shares of the bank’s stock valued at $99,000 after buying an additional 2,226 shares during the period. 72.58% of the stock is currently owned by institutional investors and hedge funds.

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.