Every material Form 8-K First Commonwealth Financial has filed with the SEC since April 23, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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
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.
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.
First Commonwealth Financial reported fourth-quarter 2025 net income of $44.9 million, or $0.43 per diluted share, up from $41.3 million and $0.39 in the prior quarter and from $35.8 million and $0.35 a year earlier. For full-year 2025, net income was $152.3 million, or $1.47 per share, compared with $142.6 million, or $1.39, in 2024. The company also declared a $0.135 quarterly dividend and authorized an additional $25.0 million share repurchase program.
Q4 2025 net income $44.9 million ($0.43 diluted EPS), vs. $41.3 million ($0.39) in Q3 2025 and $35.8 million ($0.35) in Q4 2024
Full-year 2025 net income $152.3 million ($1.47 diluted EPS), vs. $142.6 million ($1.39) in 2024
Quarterly cash dividend of $0.135 per share, payable February 20, 2026 to holders of record as of February 6, 2026
Board authorized an additional $25.0 million share repurchase program; Executive Vice President Norman Montgomery plans to retire May 1, 2026
First Commonwealth Financial Corporation appointed Joseph V. DiVito Jr. as a director effective November 1, 2025, increasing the board from 12 to 13 members. He will serve on the Audit and Risk Committees and receive the same board compensation as other non-management directors.
DiVito, age 58, retired as a Principal of PricewaterhouseCoopers LLP in June 2025 after a 35-year career.
Board size increased from 12 to 13 directors.
He will serve on the Audit Committee and Risk Committee.
The company disclosed no arrangement with another person tied to his election and no related-party transactions requiring disclosure under Item 404(a).
First Commonwealth Financial reported third-quarter 2025 GAAP net income of $41.3 million, or $0.39 per diluted share, up from $33.4 million ($0.32) in the second quarter and $32.1 million ($0.31) in the third quarter of 2024. The company also declared a quarterly dividend of $0.135 per share, payable November 21, 2025, which shareholders may find relevant to their income expectations.
GAAP net income was $41.3 million in Q3 2025, compared with $33.4 million in Q2 2025 and $32.1 million in Q3 2024.
Net interest margin (FTE) was 3.92%, up 9 basis points from the prior quarter and 36 basis points from Q3 2024.
Net charge-offs rose to $12.2 million from $2.8 million in the prior quarter, mainly from a $5.5 million chargeoff on one commercial floorplan relationship.
The $0.135 quarterly dividend is payable November 21, 2025 to shareholders of record as of November 7, 2025; a conference call is set for October 29, 2025 at 2:00 PM ET.
First Commonwealth Financial disclosed that Chief Revenue Officer Jane Grebenc intends to retire in the first quarter of 2026, and that Michael P. McCuen was promoted to Chief Banking Officer. The changes concern senior revenue and banking leadership, and the filing does not include financial results or other financial figures.
Jane Grebenc, EVP and Chief Revenue Officer and President of First Commonwealth Bank, notified the company on August 1, 2025 that she intends to retire in the first quarter of 2026.
Michael P. McCuen, EVP and Chief Lending Officer, was promoted to Chief Banking Officer on August 4, 2025.
The filing contains no financial results, guidance or compensation figures.
First Commonwealth Financial reported second quarter 2025 GAAP net income of $33.4 million, or $0.32 per diluted share, down from $37.1 million, or $0.36 per share, a year earlier. Core net income, a non-GAAP measure, rose to $39.5 million, or $0.38 per share, from $32.8 million, or $0.32 per share, in the first quarter, and the company declared a quarterly dividend of $0.135 per share.
GAAP net income was $33.4 million, or $0.32 per diluted share, versus $32.7 million in Q1 2025 and $37.1 million in Q2 2024.
Core net income was $39.5 million, or $0.38 per share, versus $32.8 million in Q1 2025 and $37.1 million in Q2 2024.
Net interest margin (FTE) rose to 3.83% from 3.62% in the prior quarter; merger and acquisition expense was $4.0 million.
Quarterly dividend of $0.135 per share is payable August 22, 2025 to holders of record on August 8, 2025; the board authorized an additional $25 million share repurchase program on July 29, 2025.
First Commonwealth Financial reported first-quarter 2025 net income of $32.7 million, or $0.32 per diluted share, down from $35.8 million and $0.35 in the fourth quarter of 2024 and from $37.5 million and $0.37 a year earlier. The company also raised its quarterly cash dividend 3.9% to $0.135 per share and said it expects to complete its CenterGroup Financial acquisition on April 30, 2025.
Net income $32.7 million, or $0.32 per diluted share, for the quarter ended March 31, 2025, versus $35.8 million ($0.35) in Q4 2024 and $37.5 million ($0.37) in Q1 2024
Quarterly dividend raised to $0.135 per share from $0.130, payable May 23, 2025 to shareholders of record as of May 9, 2025
Net charge-offs fell to $3.1 million from $13.7 million in the prior quarter; the acquisition of CenterGroup Financial is expected to be completed April 30, 2025
First Commonwealth Financial reported fourth-quarter 2024 net income of $35.8 million, or $0.35 per diluted share, down from $44.8 million, or $0.44 per share, in the fourth quarter of 2023 but up from $32.1 million in the third quarter of 2024. For the full year, net income was $142.6 million, or $1.39 per share, compared with $157.1 million, or $1.54 per share, in 2023. The company also declared a quarterly dividend of $0.13 per share, which is 4.0% above the fourth quarter of 2023.
Q4 2024 net income $35.8 million, $0.35 diluted EPS, versus $44.8 million, $0.44 in Q4 2023 and $32.1 million, $0.31 in Q3 2024
Full-year 2024 net income $142.6 million, $1.39 diluted EPS, versus $157.1 million, $1.54 in 2023
Quarterly cash dividend of $0.13 per share, payable February 21, 2025 to shareholders of record as of February 7, 2025
Q4 2024 net charge-offs of $13.7 million, up from $8.8 million in Q3 2024; conference call scheduled for January 29, 2025 at 2:00 PM ET
First Commonwealth Financial reported third quarter 2024 net income of $32.1 million, or $0.31 per diluted share, down from $37.1 million, or $0.36 per share, in the second quarter and $39.2 million, or $0.38 per share, a year earlier. The company also declared a quarterly dividend of $0.13 per share, payable November 22, 2024, to holders of record on November 8, 2024. Higher credit provision and noninterest expense weighed on results, which lowers per-share earnings for shareholders.
Net income of $32.1 million and diluted EPS of $0.31, versus $0.36 in the second quarter of 2024 and $0.38 in the third quarter of 2023
Provision for credit losses of $10.6 million, up from $7.8 million in the second quarter; nonperforming loans rose to $74.7 million
Noninterest expense of $70.1 million, up from $65.8 million in the second quarter of 2024
Quarterly dividend of $0.13 per share, up from $0.125 a year earlier, payable November 22, 2024
First Commonwealth Financial said Executive Vice President and Chief Credit Officer Brian Karrip will retire August 15, 2024, under a separation agreement. Deputy Chief Credit Officer Brian Sohocki becomes Chief Credit Officer on August 16 and will be an executive officer, following the company's succession plan.
Brian Karrip notified the company on July 29, 2024 of his intent to retire as of August 15, 2024.
Company will pay Karrip base salary of $424,000 for 12 months and cover COBRA healthcare through June 30, 2025.
Karrip's 2024 Annual Incentive Plan award at target of $169,600 is payable January 15, 2025; equity awards settle in cash for 19,633 shares' value.
Brian Sohocki, who joined the company in 2010, takes over as Chief Credit Officer on August 16, 2024.
First Commonwealth Financial reported second-quarter 2024 net income of $37.1 million, or $0.36 per diluted share, down from $37.5 million, or $0.37 per share, in the first quarter and $42.8 million, or $0.42 per share, a year earlier. Provision expense rose to $7.8 million and nonperforming loans increased to $57.1 million, while the company also declared a $0.13 quarterly dividend, a 4.0% increase from the second quarter of 2023.
Net income of $37.1 million and diluted EPS of $0.36, versus $0.37 in Q1 2024 and $0.42 in Q2 2023.
Provision for credit losses of $7.8 million, up from $4.2 million in Q1 2024; nonperforming loans rose $14.7 million to $57.1 million.
Net interest margin of 3.57%, up 5 basis points from Q1 2024 but down 28 basis points from Q2 2023.
Quarterly dividend of $0.13 per share, payable August 16, 2024, to shareholders of record as of August 2, 2024.
On July 1, 2024, First Commonwealth Financial appointed Michael P. McCuen as Executive Vice President and Chief Lending Officer, a role that leads all commercial banking teams. McCuen had been a Corporate Banking Executive at First Commonwealth Bank since September 2023, and the filing sets out his employment terms and a restricted stock award. The filing does not describe any effect on the company's financial results.
Initial base salary of $439,875 under an employment agreement running until July 1, 2026
Award of 45,000 restricted shares, vesting in three installments of 15,000 shares on each of the first three anniversaries
Leads commercial and industrial lending, commercial real estate, treasury management and portfolio management, and oversees business development and equipment finance
First Commonwealth reported first-quarter 2024 net income of $37.5 million, or $0.37 per diluted share, up from $0.30 a year earlier but down from $0.44 in the fourth quarter of 2023. The company also raised its quarterly cash dividend 4.0% to $0.13 per share, payable May 17, 2024. Net interest income fell from the prior quarter, and the release attributes the sequential profit decline mainly to a 13 basis point drop in net interest margin.
Net income of $37.5 million, or $0.37 per diluted share, for the quarter ended March 31, 2024, versus $44.8 million ($0.44) in Q4 2023 and $30.2 million ($0.30) in Q1 2023.
Net interest income (FTE) of $92.6 million, down $3.4 million from the prior quarter; net interest margin was 3.52%, down 13 basis points.
Quarterly cash dividend raised 4.0% to $0.13 per share, payable May 17, 2024 to shareholders of record as of May 3, 2024.
No shares were repurchased in Q1 2024; $17.4 million remained under the current buyback program as of March 31, 2024.
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every First Commonwealth Financial filing is on SEC EDGAR ↗. 8-K briefs of other companies →