First Commonwealth Financial Corporation (FCF) reported third-quarter 2026 net income of $44.9 million, up $3.6 million from a year earlier, and diluted earnings per share of $0.45 versus $0.39. Core net income was $45.4 million, compared with $41.2 million a year earlier. Net interest margin (FTE) was 4.11%, up 19 basis points year over year; net interest income (FTE) was $116.7 million, $5.3 million higher.
At September 30, 2026, nonperforming loans totaled $95.2 million, an increase of $13.6 million from June 30, 2026. Quarterly net charge-offs were $4.6 million, compared with $11.4 million in the prior quarter, while provision for credit losses was $14.2 million versus $8.9 million.
The company declared a $0.14 per-share quarterly cash dividend, a 3.7% increase from the third quarter of 2025, payable November 20, 2026 to shareholders of record November 6, 2026. The board authorized an additional $25 million common-stock repurchase program. Under previously authorized programs, 4,156,764 shares were repurchased during the quarter at a weighted average price of $21.18.
First Commonwealth Financial Corp. officer James R. Reske gave notice of a proposed sale of 9,001 common shares, with an aggregate market value of $183,080.34 and an approximate sale date of October 29, 2026. The notice says the shares will be sold under a Rule 10-b5-1 trading plan described as intended to sell shares over approximately two years for diversification; sales are subject to price limits from November 5, 2026, through March 5, 2027.
First Commonwealth Financial Corp. (FCF) EVP/Chief Financial Officer James R. Reske sold 2,072 shares of common stock on October 5, 2026, in six reported sales at prices from $20.50 to $20.54 per share. The sales were made pursuant to a trading plan adopted March 20, 2025. His direct holdings also include service-based stock units tied to 8,000, 7,300 and 6,850 underlying shares; each converts 1-for-1 at the end of a three-year vesting period.
FIRST COMMONWEALTH FINANCIAL CORP (FCF) had a Form 3 filed for Phillip J. Graves Jr, who serves as SVP/Chief Accounting Officer. The filing reports that he holds no shares of the company’s securities directly after the reported position entry. The remarks reference an attached Exhibit 24 – Power of Attorney.
First Commonwealth Financial Corporation (FCF) reported that on September 14, 2026, Phillip J. Graves Jr. was appointed Chief Accounting Officer of the company and First Commonwealth Bank and was designated as the company’s principal accounting officer, effective the same date.
Graves joined First Commonwealth on September 14, 2026 after serving as a Senior Manager at KPMG LLP from October 2021 to August 2026. His compensation includes an annual base salary of $275,000 and a change of control agreement providing one year of severance, on substantially the same terms as those for other executive officers. The company states there are no appointment-related arrangements with other persons, no family relationships with directors or executive officers, and no material related-party transactions involving Graves under Item 404(a) of Regulation S‑K.
FIRST COMMONWEALTH FINANCIAL CORP (FCF) executive vice president and chief banking officer Michael P. McCuen reported that on September 11, 2026, 2,312 shares of common stock were withheld by the company to cover his tax liability arising from the vesting of restricted stock. Following this withholding, he directly holds 44,964 shares of common stock, which include 15,000 shares of restricted stock scheduled to vest on July 1, 2027, under restricted stock agreements. He also holds several service‑based restricted stock unit awards from 2024, 2025, and 2026 that are each convertible into common shares on a one‑for‑one basis after a three‑year vesting period.
FIRST COMMONWEALTH FINANCIAL CORP (FCF) reported that Executive Vice President and Chief Financial Officer James R. Reske sold a total of 2,072 shares of common stock on September 4, 2026 in multiple open-market transactions at prices between $21.16 and $21.31 per share. The company states these sales were made pursuant to a Rule 10b5-1 trading plan adopted on March 20, 2025. Reske also continues to hold service-based restricted stock unit awards from 2024, 2025, and 2026 that are each convertible into common shares on a 1-for-1 basis after a three-year vesting period.
FIRST COMMONWEALTH FINANCIAL CORP (FCF) reported an insider equity-tax event by EVP/Chief Credit Officer Brian J. Sohocki. On 2026-08-17, 1,425 shares of common stock were withheld by the issuer to pay tax liability on vesting restricted stock, leaving 26,239 common shares held directly. Sohocki also holds service-based restricted stock units convertible into 5,150 and 5,000 shares of common stock on a 1-for-1 basis after three-year vesting periods from 2025 and 2026 awards.
First Commonwealth Financial Corp /PA/ filed a quarterly Form 13F holdings report as an institutional investment manager. The report is signed by SVP and Controller Teresa Ciambotti, who certifies that the information is true, correct, and complete.
The filing is a 13F HOLDINGS REPORT, meaning all reportable holdings for this manager are included. It lists 1 other included manager, First Commonwealth Bank, and covers 408 individual information table entries with an aggregate reported value of $714,562,418, rounded to the nearest dollar.
First Commonwealth Financial Corporation reported stronger results for the first half of 2026. Net income rose to $82.1 million from $66.1 million a year earlier, and diluted EPS increased to $0.81 from $0.64. For the second quarter, net income was $44.6 million and diluted EPS $0.44.
Net interest income for the six months increased to $221.4 million from $201.8 million, while the provision for credit losses rose to $19.7 million from $14.6 million. Total assets were $12.21 billion and total deposits $10.26 billion at June 30, 2026. The allowance for credit losses was $127.4 million. Shareholders’ equity improved to $1.57 billion despite accumulated other comprehensive loss widening to $70.7 million, largely tied to securities valuation changes. The company also reduced other long-term debt from $129.6 million to zero and continued paying cash dividends of $0.275 per share year-to-date.