Company profile

Ticker
FCF
Exchange
CEO
Thomas Michael Price
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
IRS number
251428528

FCF stock data

(
)

Calendar

7 Aug 19
24 Aug 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Net income 27.28M 24.59M 27M 25.15M
Diluted EPS 0.28 0.25 0.27 0.25
Net change in cash -27.61M 24.95M 2.76M -7.8M
Cash on hand 96.28M 123.89M 98.95M 96.18M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Net income 107.5M 55.17M 59.59M 50.14M
Diluted EPS 1.08 0.58 0.67 0.56
Net change in cash -8.35M -8.39M 46.23M -5.09M
Cash on hand 98.95M 107.29M 115.68M 69.45M

Financial data from company earnings reports

Financial report summary

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Risks
  • Changes in interest rates could negatively impact our financial condition and results of operations.
  • We are subject to extensive government regulation and supervision.
  • Our earnings are significantly affected by general business and economic conditions.
  • Our allowance for credit losses may be insufficient.
  • We may be adversely impacted by the transition from LIBOR as a reference rate.
  • Acts of cyber-crime may compromise client and company information, disrupt access to our systems or result in loss of client or company assets.
  • We must evaluate whether any portion of our recorded goodwill is impaired. Impairment testing may result in a material, non-cash write-down of our goodwill assets and could have a material adverse impact on our results of operations.
  • First Commonwealth relies on dividends from its subsidiaries for most of its revenues.
  • Competition from other financial institutions in originating loans, attracting deposits and providing various financial services may adversely affect our profitability.
  • Negative publicity could damage our reputation.
  • An interruption to our information systems could adversely impact our operations.
  • Our controls and procedures may fail or be circumvented.
  • We continually encounter technological change.
  • We may not be able to attract and retain skilled people.
  • Our operations rely on external vendors.
  • We are subject to environmental liability risk associated with lending activities.
  • Severe weather, natural disasters, acts of war or terrorism and other external events could significantly impact our business.
  • We may be adversely affected by the soundness of other financial institutions.
  • First Commonwealth’s stock price can be volatile.
  • The trading volume in First Commonwealth’s common stock is less than that of other larger financial services companies.
  • First Commonwealth may not continue to pay dividends on its common stock in the future.
  • An investment in First Commonwealth’s common stock is not an insured deposit.
  • Provisions of our articles of incorporation, bylaws and Pennsylvania law, as well as state and federal banking regulations, could delay or prevent a takeover of us by a third party.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: Agency, challenging, checkbook, disposition, parallel, printing, writedown
Removed: attributed, bond, instrument