Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · First Commonwealth Financial (FCF)

First Commonwealth Q2 net income falls to $37.1 million, or $0.36 per share

Negative Impact 3 of 5 earnings Written later

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.

Key points

  • 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.

The filing

CompanyFirst Commonwealth Financial (FCF)
Form8-K, current report
Filed with the SECJul 23, 2024, 5:28 PM ET
Accession number0000712537-24-000095

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:54 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 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.