Stock events for First Commonwealth Financial Corp. (Pennsylvania) (FCF)
In the past six months, First Commonwealth Financial Corp.'s stock price has trended upwards. Key events impacting the stock include earnings announcements, dividends, the acquisition of CenterBank, analyst ratings and sentiment, a share repurchase program, and monetary policy optimism.
Demand Seasonality affecting First Commonwealth Financial Corp. (Pennsylvania)’s stock price
Demand seasonality for First Commonwealth Financial Corp.'s core banking products and services is generally less pronounced compared to industries like retail or tourism. Banking services tend to have a more consistent demand throughout the year, although certain lending activities, like mortgage applications, might see minor seasonal shifts.
Overview of First Commonwealth Financial Corp. (Pennsylvania)’s business
First Commonwealth Financial Corporation is a financial services company operating as a financial holding company, offering commercial banking, consumer banking, mortgage services, equipment finance, wealth management, and insurance products. The majority of the company's revenue is generated through net interest income.
FCF’s Geographic footprint
First Commonwealth Financial Corp. primarily serves western and central Pennsylvania and Ohio, operating 127 community banking offices across 30 counties. It also has commercial lending operations in Pittsburgh and Harrisburg, Pennsylvania, and in Canton, Cleveland, Columbus, and Cincinnati, Ohio. Mortgage offices are located in Wexford, Pennsylvania, and Hudson and Lewis Center, Ohio. The company maintains a network of automated teller machines (ATMs) at its branches and offsite locations.
FCF Corporate Image Assessment
First Commonwealth Financial Corp. has received positive recognition for its financial performance, including being ranked on S&P Global Market Intelligence's Top 100 list. The company was also recognized in Forbes' 2021 World's Best Banks. While the company has a news sentiment score of 0.23, specific negative events significantly impacting its reputation in the past year were not explicitly detailed in the search results.
Ownership
Institutional investors hold a significant portion of First Commonwealth Financial Corp.'s stock, while individual insiders hold a smaller percentage. The largest individual shareholder is Dale P. Latimer. In the past three months, insiders have sold more company stock than they have bought.
Ask Our Expert AI Analyst
Price Chart
$15.46