FIRST COMMONWEALTH FINANCIAL CORP /PA/ (FCF) Form 10-Q — Aug 10, 2026

$FCFForm 10-QFiled Aug 10, 2026, 4:29 PM ET0000712537-26-000030Original filing

First Commonwealth Financial (NYSE: FCF) reported Q2 2026 net income of $44.6 million, or $0.44 per diluted share, up 37.5% from $0.32 per share a year earlier, as net interest income grew to $112.4 million from $106.2 million. For the first half of 2026, net income totaled $82.1 million ($0.81 diluted EPS) versus $66.1 million ($0.64) in the prior-year period, helped by declining merger costs following the April 2025 CenterGroup Financial acquisition and an $806 thousand gain on early redemption of subordinated debt.

Key figures

Eps: $0.44 diluted Q2 2026 (vs $0.32 Q2 2025); $0.81 diluted H1 2026 (vs $0.64 H1 2025)
Net Income: $44.6M Q2 2026 (vs $33.4M Q2 2025); $82.1M H1 2026 (vs $66.1M H1 2025)
Total Debt: $263.0M total borrowings ($137.9M short-term borrowings + $125.1M total long-term debt; all $129.6M of other long-term debt was repaid during H1 2026)
Total Assets: $12.21B at June 30, 2026 (vs $12.34B at Dec 31, 2025)
Cash Position: $179.6M cash and cash equivalents at June 30, 2026
Shares Outstanding: 101055925
Total Deposits: $10.26B at June 30, 2026
Nonaccrual Loans: $81.6M at June 30, 2026 (vs $91.8M at Dec 31, 2025)
Afs Unrealized Losses: $146.3M gross unrealized losses on available-for-sale portfolio
Buyback Spend H1 2026: $36.9M
Htm Unrealized Losses: $53.4M (HTM amortized cost $574.5M vs fair value $521.3M)
Net Charge Offs H1 2026: $19.6M (vs $5.9M H1 2025)
Total Shareholders Equity: $1.57B at June 30, 2026
Allowance For Credit Losses: $127.4M (vs $125.8M at Dec 31, 2025)
Net Interest Income Q2 2026: $112.4M (vs $106.2M Q2 2025)
Noninterest Income Q2 2026: $27.0M (vs $24.7M Q2 2025)
Center Acquisition Goodwill: $14.5M
Center Acquisition Consideration: $46.2M paid in 3,016,009 shares for CenterGroup Financial (April 30, 2025)
Dividend Declared Per Share Q2 2026: $0.140 (vs $0.135 Q2 2025)
Provision For Credit Losses Q2 2026: $8.9M (vs $8.9M Q2 2025)
Treasury Shares Repurchased H1 2026: 2050639

Price after filing

1 day: +0.5%7 days: +0.4%30 days: -1.5%

Close on the filing date to close N calendar days later (from $21.43). Historical, not a forecast.

AI analysis

Red flags4 · Pro

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

Upgrade to Pro · $49/mo billed annually

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.