First Commonwealth Q3 net income rises to $44.9 million, EPS $0.45
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.
Key points
- 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.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
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