First Commonwealth Financial Corporation, headquartered in Indiana, Pennsylvania, is a financial services company with 119 community banking offices in 26 counties throughout western and central Pennsylvania and throughout Ohio, as well as business banking operations in Pittsburgh, Pennsylvania, and Canton, Cleveland, Columbus and Cincinnati, Ohio. The Company also operates mortgage offices in Wexford, Pennsylvania, as well as Hudson, and Lewis Center, Ohio. First Commonwealth provides a full range of commercial banking, consumer banking, mortgage, wealth management and insurance products and services through its subsidiaries First Commonwealth Bank and First Commonwealth Insurance Agency.
Company profile
Ticker
FCF
Exchange
Website
CEO
Thomas Price
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
First Commonwealth Community Development Corporation • First Commonwealth Financial Advisors Incorporated • FraMal Holdings Corporation • Commonwealth Trust Credit Life Insurance Company ...
IRS number
251428528
FCF stock data
Latest filings (excl ownership)
8-K
First Commonwealth Completes Acquisition of Centric Financial Corporation
1 Feb 23
425
Business combination disclosure
26 Jan 23
8-K
First Commonwealth Announces Record Fourth Quarter and Full Year 2022 Revenue; Declares Quarterly Dividend
25 Jan 23
425
Business combination disclosure
20 Jan 23
8-K
Other Events
20 Jan 23
424B3
Prospectus supplement
22 Dec 22
EFFECT
Notice of effectiveness
22 Dec 22
10-Q
2022 Q3
Quarterly report
7 Nov 22
Transcripts
FCF
Earnings call transcript
2022 Q4
25 Jan 23
FCF
Earnings call transcript
2022 Q3
26 Oct 22
FCF
Earnings call transcript
2022 Q2
28 Jul 22
FCF
Earnings call transcript
2022 Q1
27 Apr 22
FCF
Earnings call transcript
2021 Q4
27 Jan 22
FCF
Earnings call transcript
2021 Q3
27 Oct 21
FCF
Earnings call transcript
2021 Q2
29 Jul 21
FCF
Earnings call transcript
2021 Q1
1 May 21
FCF
Earnings call transcript
2020 Q4
27 Jan 21
FCF
Earnings call transcript
2020 Q3
28 Oct 20
Latest ownership filings
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Net income | |||||
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| Cash on hand | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 180.77 mm | 180.77 mm | 180.77 mm | 180.77 mm | 180.77 mm | 180.77 mm |
| Cash burn (monthly) | 39.68 mm | 12.83 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 163.77 mm | 52.94 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 17.00 mm | 127.83 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 0.4 | 10.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
65.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 201 |
| Opened positions | 21 |
| Closed positions | 23 |
| Increased positions | 73 |
| Reduced positions | 65 |
| 13F shares | Current |
|---|---|
| Total value | 780.57 mm |
| Total shares | 60.78 mm |
| Total puts | 4.40 k |
| Total calls | 142.30 k |
| Total put/call ratio | 0.0 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 13.82 mm | $177.49 mm |
| Vanguard | 10.46 mm | $134.27 mm |
| Dimensional Fund Advisors | 6.26 mm | $80.34 mm |
| Charles Schwab Investment Management | 2.25 mm | $28.87 mm |
| JPM JPMorgan Chase & Co. | 1.82 mm | $23.37 mm |
| Geode Capital Management | 1.65 mm | $21.22 mm |
| MS Morgan Stanley | 1.57 mm | $20.21 mm |
| NTRS Northern Trust | 1.40 mm | $18.04 mm |
| Fuller & Thaler Asset Management | 1.37 mm | $17.56 mm |
| BK Bank Of New York Mellon | 1.23 mm | $15.73 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 31 Jan 23 | Patricia A. Husic | Common Stock | Grant | Acquire A | No | No | 0 | 141,698 | 0.00 | 141,698 |
| 30 Jan 23 | Norman J Montgomery | RSU Common Stock | Grant | Acquire A | No | No | 0 | 6,200 | 0.00 | 21,250 |
| 30 Jan 23 | Carrie L Riggle | RSU Common Stock | Grant | Acquire A | No | No | 0 | 3,500 | 0.00 | 12,900 |
| 30 Jan 23 | Price T Michael | RSU Common Stock | Grant | Acquire A | No | No | 0 | 13,800 | 0.00 | 45,650 |
Press releases
First Commonwealth Completes Acquisition of Centric Financial Corporation
1 Feb 23
First Commonwealth Announces Record Fourth Quarter and Full Year 2022 Revenue; Declares Quarterly Dividend
24 Jan 23
First Commonwealth to Host Fourth Quarter and Full-Year 2022 Earnings Conference Call on Wednesday, January 25, 2023
6 Jan 23
First Commonwealth Financial Corporation Receives Regulatory Approval for Centric Financial Corporation Merger
18 Nov 22