Oct 27, 5:31 PM ET
First Commonwealth Financial reported third-quarter 2026 net income of $44.9 million, or $0.45 per diluted share, up from $44.6 million, or $0.44, in the second quarter and $41.3 million, or $0.39, a year earlier. The company also declared a $0.14 quarterly dividend and authorized an additional $25 million share repurchase program, but provision expense rose to $14.2 million and nonperforming loans increased to $95.2 million.
- Net interest margin was 4.11%, up 10 basis points from the prior quarter and 19 basis points from a year earlier.
- Provision for credit losses was $14.2 million, up from $8.9 million in the second quarter, and nonperforming loans rose $13.6 million to $95.2 million.
- Quarterly dividend of $0.14 per share is payable November 20, 2026, to holders of record as of November 6, 2026.
- Board authorized an additional $25 million share repurchase program on October 27, 2026.
Read the filing on SEC.gov ↗
Sep 17, 4:30 PM ET
First Commonwealth Financial appointed Phillip J. Graves Jr. as Chief Accounting Officer of the company and First Commonwealth Bank, and designated him principal accounting officer, effective September 14, 2026. He previously served as a Senior Manager at KPMG LLP from October 2021 to August 2026, and the filing discloses a $275,000 base salary and a change of control agreement providing one year of severance.
- Appointed Chief Accounting Officer and principal accounting officer, effective September 14, 2026
- Previously a Senior Manager at KPMG LLP, October 2021 to August 2026
- Annual base salary of $275,000
- Change of control agreement with one year of severance; copy to be filed with the Form 10-Q for the quarter ending September 30, 2026
Read the filing on SEC.gov ↗
Jul 28, 5:02 PM ET
First Commonwealth reported second-quarter 2026 GAAP net income of $44.6 million, or $0.44 per diluted share, up from $37.5 million and $0.37 per share in the first quarter and from $33.4 million and $0.32 per share a year earlier. The company also declared a $0.14 quarterly dividend and authorized an additional $75.0 million share repurchase program, which shareholders may see as supporting per-share returns.
- GAAP net income was $44.6 million, or $0.44 per diluted share, versus $0.37 in Q1 2026 and $0.32 in Q2 2025.
- Net interest margin (FTE) was 4.01%, up from 3.92% in Q1 2026 and 3.83% in Q2 2025.
- Net charge-offs rose to $11.4 million from $8.2 million in Q1 2026, while nonperforming loans fell to $81.6 million from $92.3 million.
- Quarterly dividend of $0.14 per share is payable August 21, 2026 to shareholders of record as of August 7, 2026; an additional $75.0 million repurchase program was authorized on July 28, 2026.
Read the filing on SEC.gov ↗
Apr 28, 8:42 AM ET
First Commonwealth Financial reported first-quarter 2026 net income of $37.5 million, or $0.37 per diluted share, down from $44.9 million ($0.43) in the fourth quarter of 2025 but up from $32.7 million ($0.32) a year earlier. Its board raised the quarterly cash dividend 3.7% to $0.14 per share, while the provision for credit losses rose to $10.7 million from $7.0 million in the prior quarter.
- Net income was $37.5 million, or $0.37 per diluted share, versus $44.9 million ($0.43) in Q4 2025 and $32.7 million ($0.32) in Q1 2025.
- Provision for credit losses was $10.7 million, up from $7.0 million in Q4 2025, driven by a $4.2 million increase in reserves for individually analyzed commercial credits.
- Quarterly dividend increased to $0.14 per share, payable May 22, 2026 to shareholders of record as of May 8, 2026.
- Net interest margin was 3.92%, down from 3.98% in Q4 2025 and up from 3.62% in Q1 2025.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
