Key Highlights

  • Consensus EPS of 0.46 compares with diluted EPS of 0.44 reported for the second quarter, against 0.32 a year earlier.
  • Consensus revenue of USD 141.36 million, against net interest income of USD 112,442 thousand plus USD 26,997 thousand noninterest income.
  • Net interest margin on a fully taxable equivalent basis was 4.01% against 3.83% in the second quarter of 2025.
  • The provision for credit losses was USD 8,931 thousand against USD 12,657 thousand, and dividends declared were 0.140 per share.

First Commonwealth Financial (NYSE:FCF) reports third-quarter results on Tuesday, Oct. 27, after the market closes. Consensus stands at EPS of 0.46 on revenue of USD 141.36 million, and the company has a market capitalization of USD 2.14 billion.

First Commonwealth Financial is a bank holding company. In the second quarter, it reported net income of USD 44,589 thousand against USD 33,402 thousand and net interest income of USD 112,442 thousand against USD 106,241 thousand.

Estimates Against the Last Reported Quarter

The EPS estimate of 0.46 is above the diluted EPS of 0.44 reported for the second quarter, which compared with 0.32 a year earlier. The revenue estimate of USD 141.36 million is above the sum of the reported net interest income of USD 112,442 thousand and noninterest income of USD 26,997 thousand, as the estimates table does not state its revenue basis.

Income before taxes was USD 56,273 thousand against USD 42,065 thousand. Interest and dividend income was USD 159,322 thousand against USD 158,926 thousand, and interest expense was USD 46,880 thousand against USD 52,685 thousand.

Net Interest Income and Margin

The filing reports net interest income on a fully taxable equivalent basis of USD 112.8 million against USD 106.6 million. The net interest margin on that basis was 4.01% against 3.83%.

The taxable equivalent yield on interest-earning assets was 5.68%, a decrease of five basis points compared with 5.73%. The filing cites a decrease of 99 basis points in the yield on interest-bearing balances with banks due to lower market rates.

Credit Costs and Noninterest Lines

The provision for credit losses on loans and leases decreased USD 2.0 million. The second quarter included a USD 0.7 million specific reserve related to a time and demand loan moved to nonaccrual status.

Noninterest income rose USD 2.2 million, with the filing listing an USD 0.8 million gain on the early redemption of subordinated debt and a USD 0.6 million increase in trust income. Noninterest expense was USD 74,235 thousand against USD 76,268 thousand.

Dividends declared were 0.140 per share against 0.135. The estimates table lists a market capitalization of USD 2.14 billion.

Salaries and employee benefits were USD 42,734 thousand against USD 40,584 thousand. At June 30, 2026, total deposits were USD 10,260,061 thousand against USD 10,250,969 thousand at the prior year-end, and net loans and leases were USD 9,339,804 thousand against USD 9,382,271 thousand.

The allowance for credit losses was USD 127,425 thousand against USD 125,768 thousand, and total assets were USD 12,207,826 thousand against USD 12,343,036 thousand.

Markers for the Release

Diluted EPS against 0.46 and revenue against USD 141.36 million are the headline comparisons. Other markers are the net interest margin against 4.01%, the provision for credit losses and noninterest expense.