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First Commonwealth Financial (FCF) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended June 2026, First Commonwealth Financial (FCF - Free Report) reported revenue of $139.44 million, up 6.5% over the same period last year. EPS came in at $0.44, compared to $0.38 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $137.23 million, representing a surprise of +1.61%. The company delivered an EPS surprise of +4.76%, with the consensus EPS estimate being $0.42.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how First Commonwealth Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Core Efficiency Ratio: 52.2% versus 54.6% estimated by three analysts on average.
Total Interest-Earning Assets (FTE): $11.28 billion versus $11.39 billion estimated by three analysts on average.
Net interest margin (FTE): 4% versus 4% estimated by three analysts on average.
Total Nonperforming Loans and Leases: $81.64 million compared to the $88.2 million average estimate based on two analysts.
Net charge-offs as a percent of average loans and leases (annualized): 0.5% compared to the 0.3% average estimate based on two analysts.
Total Non-Interest Income: $27 million compared to the $24.59 million average estimate based on three analysts.
Income from bank owned life insurance: $2.14 million versus $1.88 million estimated by two analysts on average.
Gain on sale of other loans and assets: $2.03 million versus $1.75 million estimated by two analysts on average.
Net Interest Income: $112.44 million compared to the $113.27 million average estimate based on two analysts.
Card-related interchange income: $4.01 million compared to the $3.85 million average estimate based on two analysts.
Trust income: $3.58 million versus the two-analyst average estimate of $3.24 million.
Other Income: $2.48 million versus $2.15 million estimated by two analysts on average.
Shares of First Commonwealth Financial have returned +2.9% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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First Commonwealth Financial (FCF) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended June 2026, First Commonwealth Financial (FCF - Free Report) reported revenue of $139.44 million, up 6.5% over the same period last year. EPS came in at $0.44, compared to $0.38 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $137.23 million, representing a surprise of +1.61%. The company delivered an EPS surprise of +4.76%, with the consensus EPS estimate being $0.42.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how First Commonwealth Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for First Commonwealth Financial here>>>
Shares of First Commonwealth Financial have returned +2.9% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.