Welcome to our dedicated page for First Commonwealth Financial news (Ticker: FCF), a resource for investors and traders seeking the latest updates and insights on First Commonwealth Financial stock.
First Commonwealth Financial Corporation reports recurring developments tied to its regional banking and financial services operations in Pennsylvania and Ohio. The company provides commercial banking, consumer banking, mortgage, equipment finance, wealth management and insurance products through First Commonwealth Bank and First Commonwealth Insurance Agency.
News about FCF commonly covers quarterly earnings, net interest income and margin trends, credit quality, provision expense, regulatory capital, dividends and common stock repurchase authorizations. Company updates also include leadership appointments, board composition, technology and digital strategy responsibilities, and other governance matters connected to its bank holding company structure.
First Commonwealth Financial Corporation (NYSE: FCF) will host a conference call on October 28, 2020, at 2:00 PM ET to discuss its Q3 2020 financial results. The earnings press release will be issued after market close on October 27, 2020. The call will feature key executives including CEO T. Michael Price and CFO James R. Reske. Interested parties can access the call via phone or through the company's investor relations webpage. The call will also be available for replay after the event.
First Commonwealth Financial Corporation (NYSE: FCF) reported a strong second quarter in 2020 with a net income of $23.9 million or $0.24 per share, up from $4.7 million in Q1 2020. The provision for loan losses dropped from $30.9 million to $6.9 million, while pre-tax pre-provision net revenue was $36.1 million. Total loans increased by $612.8 million, largely due to the SBA Paycheck Protection Program. Average deposits surged by 44.8% annualized. The company announced a quarterly dividend of $0.11 per share, reflecting strong capital ratios exceeding regulatory requirements.
First Commonwealth Financial Corporation (NYSE: FCF) announced a conference call to discuss its Second Quarter 2020 financial results on July 29, 2020, at 2:00 p.m. ET. The call will be led by President and CEO T. Michael Price, along with other executives. A press release detailing the financial results will be issued after market close on July 28, 2020. Investors can access the call via phone or a live webcast on the company's Investor Relations webpage. Participants can submit questions via email beginning at 9:00 a.m. on the day of the call.