Exhibit 99.1
*** NEWS RELEASE ***
TO: | All Area News Agencies | |||||||
FROM: | First Commonwealth | |||||||
Financial Corporation | ||||||||
DATE/TIME | January 18, 2011/4:00 PM |
FIRST COMMONWEALTH DECLARES INCREASED QUARTERLY DIVIDEND
INDIANA, PA – The Board of Directors of First Commonwealth Financial Corporation (NYSE:FCF) declared a dividend on January 18, 2011 of $0.03 per share payable on February 15, 2011, to shareholders of record at the close of business January 31, 2011. This dividend represents a $0.02 per share increase over the previous quarter and a 2% projected annual yield utilizing the December 31, 2010 closing market price of $7.08.
About First Commonwealth Financial Corporation
First Commonwealth Financial Corporation is a $5.9 billion financial holding company headquartered in Indiana, Pennsylvania. It operates 115 retail branch offices in 15 counties in western and central Pennsylvania through First Commonwealth Bank, a Pennsylvania chartered bank and trust company. Financial services and insurance products are also provided through First Commonwealth Insurance Agency and First Commonwealth Financial Advisors, Inc.
CONTACT: First Commonwealth Financial Corporation
Investor Relations: Donald A. Lawry, Vice President 724-349-7220 |
Media: Susie Barbour, Communications & Media Relations Supervisor 724-463-5618 |
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