FCF

20.9751.29%

James Reske Sells 2,072 Shares of First Commonwealth Financial (NYSE:FCF) Stock

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Aug 7, 2026 at 06:23 AM

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First Commonwealth Financial CFO James Reske sold 2,072 shares for $45,273.20 on August 5th under a Rule 10b5-1 plan, reducing his stake by 2.68%. The company recently declared a $0.14 quarterly dividend with an ex-date of August 7th. Analysts have raised price targets, with an average 'Moderate Buy' rating and target of $24.25. Institutional investors including Bank of America increased their holdings in the second quarter.

First Commonwealth Financial Corporation (NYSE:FCF - Get Free Report) CFO James Reske sold 2,072 shares of First Commonwealth Financial stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $21.85, for a total value of $45,273.20. Following the completion of the transaction, the chief financial officer directly owned 75,132 shares of the company's stock, valued at approximately $1,641,634.20. This represents a 2.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

First Commonwealth Financial Stock Down 1.2%

Shares of FCF opened at $21.42 on Friday. The stock has a market capitalization of $2.18 billion, a PE ratio of 13.14 and a beta of 0.75. First Commonwealth Financial Corporation has a 1 year low of $15.00 and a 1 year high of $22.34. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.92 and a current ratio of 0.92. The company's 50-day simple moving average is $20.30 and its 200-day simple moving average is $18.85.

First Commonwealth Financial (NYSE:FCF - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The bank reported $0.44 EPS for the quarter, beating the consensus estimate of $0.42 by $0.02. First Commonwealth Financial had a net margin of 22.62% and a return on equity of 10.79%. The business had revenue of $139.42 million during the quarter, compared to analyst estimates of $137.48 million. Analysts forecast that First Commonwealth Financial Corporation will post 1.73 earnings per share for the current fiscal year.

First Commonwealth Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Friday, August 7th will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Friday, August 7th. First Commonwealth Financial's dividend payout ratio (DPR) is currently 34.36%.

Analysts Set New Price Targets

FCF has been the topic of a number of recent research reports. Keefe, Bruyette & Woods upped their price objective on First Commonwealth Financial from $21.00 to $24.00 and gave the stock a "market perform" rating in a research report on Friday, July 31st. Weiss Ratings restated a "buy (b)" rating on shares of First Commonwealth Financial in a report on Tuesday, May 19th. Piper Sandler reiterated an "overweight" rating and issued a $25.00 price objective (up from $21.00) on shares of First Commonwealth Financial in a research note on Thursday, July 30th. Royal Bank Of Canada upped their target price on shares of First Commonwealth Financial from $23.00 to $24.00 and gave the stock an "outperform" rating in a research note on Thursday, July 30th. Finally, Raymond James Financial reiterated an "outperform" rating and issued a $24.00 price target on shares of First Commonwealth Financial in a research note on Friday, July 31st. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, First Commonwealth Financial currently has an average rating of "Moderate Buy" and an average price target of $24.25.

Read Our Latest Stock Report on First Commonwealth Financial

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in FCF. Bank of New York Mellon Corp acquired a new stake in shares of First Commonwealth Financial during the 2nd quarter worth about $22,028,000. Bill Few Associates Inc. lifted its stake in First Commonwealth Financial by 3.6% during the second quarter. Bill Few Associates Inc. now owns 26,167 shares of the bank's stock worth $532,000 after purchasing an additional 905 shares during the last quarter. Bank of America Corp DE boosted its holdings in First Commonwealth Financial by 95.4% in the first quarter. Bank of America Corp DE now owns 559,989 shares of the bank's stock valued at $9,845,000 after purchasing an additional 273,351 shares in the last quarter. Arkadios Wealth Advisors acquired a new position in First Commonwealth Financial in the first quarter valued at approximately $253,000. Finally, Amundi increased its stake in First Commonwealth Financial by 284.8% in the first quarter. Amundi now owns 45,837 shares of the bank's stock valued at $806,000 after purchasing an additional 33,925 shares during the last quarter. 72.58% of the stock is owned by institutional investors and hedge funds.

About First Commonwealth Financial

(Get Free Report)

First Commonwealth Financial Corporation, headquartered in Indiana, Pennsylvania, is a bank holding company whose primary subsidiary is First Commonwealth Bank. Established in 1889 as Indiana National Bank, the company has grown through a combination of organic expansion and strategic acquisitions to build a diversified platform of commercial banking, retail banking and wealth management services.

First Commonwealth offers a comprehensive suite of financial products, including deposit accounts, personal and business lending solutions, mortgage origination and servicing, treasury management, and trust and investment services.