What is DA Davidson’s Forecast for FCF Q1 Earnings?

First Commonwealth Financial Co. (NYSE:FCF) – Equities research analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of First Commonwealth Financial in a research report issued on Friday, January 31st. DA Davidson analyst M. Navas anticipates that the bank will post earnings of $0.32 per share for the quarter. DA Davidson currently has a “Buy” rating and a $21.00 target price on the stock. The consensus estimate for First Commonwealth Financial’s current full-year earnings is $1.41 per share.

First Commonwealth Financial (NYSE:FCF) last posted its quarterly earnings results on Tuesday, January 28th. The bank reported $0.35 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.01). First Commonwealth Financial had a net margin of 20.38% and a return on equity of 10.36%.

FCF has been the subject of several other research reports. Keefe, Bruyette & Woods lifted their price objective on shares of First Commonwealth Financial from $18.00 to $20.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. Piper Sandler reduced their price objective on shares of First Commonwealth Financial from $17.00 to $16.00 and set a “neutral” rating for the company in a research note on Thursday, October 31st. StockNews.com lowered shares of First Commonwealth Financial from a “hold” rating to a “sell” rating in a research note on Wednesday, January 29th. Stephens reaffirmed an “overweight” rating and issued a $21.50 price objective on shares of First Commonwealth Financial in a research note on Wednesday, January 29th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $20.00 price objective on shares of First Commonwealth Financial in a research note on Thursday, January 30th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $19.58.

First Commonwealth Financial Trading Up 3.2 %

First Commonwealth Financial stock opened at $16.90 on Monday. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 0.19. First Commonwealth Financial has a 12 month low of $12.41 and a 12 month high of $19.96. The company’s fifty day simple moving average is $17.23 and its 200-day simple moving average is $17.17. The stock has a market cap of $1.72 billion, a P/E ratio of 12.16 and a beta of 0.87.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of FCF. Franklin Resources Inc. lifted its position in First Commonwealth Financial by 15.3% during the 3rd quarter. Franklin Resources Inc. now owns 3,435,002 shares of the bank’s stock worth $58,601,000 after acquiring an additional 456,119 shares during the last quarter. Stonebridge Financial Group LLC acquired a new position in shares of First Commonwealth Financial during the fourth quarter valued at about $2,147,000. Barclays PLC raised its position in shares of First Commonwealth Financial by 121.8% during the third quarter. Barclays PLC now owns 211,797 shares of the bank’s stock valued at $3,631,000 after buying an additional 116,295 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of First Commonwealth Financial by 2.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,782,837 shares of the bank’s stock valued at $64,876,000 after buying an additional 105,116 shares during the last quarter. Finally, Jane Street Group LLC raised its position in shares of First Commonwealth Financial by 39.5% during the third quarter. Jane Street Group LLC now owns 150,590 shares of the bank’s stock valued at $2,583,000 after buying an additional 42,632 shares during the last quarter. Institutional investors and hedge funds own 72.58% of the company’s stock.

First Commonwealth Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date is Friday, February 7th. First Commonwealth Financial’s dividend payout ratio is 37.41%.

First Commonwealth Financial Company Profile

First Commonwealth Financial Corporation, a financial holding company, provides various consumer and commercial banking services in the United States. Its consumer services include personal checking accounts, interest-earning checking accounts, savings and health savings accounts, insured money market accounts, debit cards, investment certificates, fixed and variable rate certificates of deposit, mortgage loans, secured and unsecured installment loans, construction and real estate loans, safe deposit facilities, credit cards, credit lines with overdraft checking protection, IRA accounts, and automated teller machine (atm) services, as well as internet, mobile, and telephone banking services.