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First Commonwealth Financial Corp. /PA/ (FCF) Fundamental Analysis & AI Grade 2026

FCF NYSE National Commercial Banks PA CIK: 0000712537
Updated This Month • Analysis: May 12, 2026 • SEC Data: 2026-03-31
Combined AI Grade
B
66% Confidence
NEUTRAL
C
60% Conf
A
73% Conf

📊 FCF Key Takeaways

Revenue: $157.2M
Net Margin: 23.9%
Free Cash Flow: $70.7M
Current Ratio: N/A
Debt/Equity: 0.09x
EPS: $0.37
AI Grade: C with 60% confidence
First Commonwealth Financial Corp. /PA/ (FCF) receives a B fundamental grade with 66% confidence from our AI analysis based on SEC 10-K filings. With revenue of $157.2M, net profit margin of 23.9%, and return on equity (ROE) of 2.4%, First Commonwealth Financial Corp. /PA/ demonstrates mixed fundamentals in the Finance sector. Below is our complete FCF stock analysis for 2026.

Is First Commonwealth Financial Corp. /PA/ (FCF) a Good Investment?

Claude

Despite 48.5% revenue growth and strong 30% operating margins, FCF exhibits severely deteriorating fundamentals with critical interest coverage of 1.0x, indicating operating income barely covers interest obligations. Poor capital efficiency (ROE 2.4%, ROA 0.3%) combined with net income growth of only 6.8% against 48.5% revenue growth signals rising cost pressures and debt service constraints that outpace revenue expansion.

ChatGPT

First Commonwealth Financial shows solid core fundamentals with strong revenue growth, healthy profitability, and good cash generation relative to revenue. Balance sheet leverage appears manageable and returns on assets and equity are respectable for a bank, though earnings growth is much slower than revenue growth, which suggests some margin or funding-cost pressure to monitor.

First Commonwealth Financial Corp. /PA/ Key Strengths (FCF)

Claude
  • + Exceptional revenue growth of 48.5% year-over-year demonstrates market demand and business expansion
  • + Strong operating margin of 30% and net margin of 23.9% reflect profitable core operations
  • + Robust free cash flow generation of $70.7M with 45% FCF margin provides liquidity cushion
ChatGPT
  • + Strong top-line growth of 48.5% YoY with positive net income and EPS growth
  • + Healthy profitability with 30.2% operating margin, 24.1% net margin, 1.2% ROA, and 9.8% ROE
  • + Manageable leverage and solid cash generation, including 27.1% free cash flow margin and low 0.17x debt-to-equity

FCF Stock Risks: First Commonwealth Financial Corp. /PA/ Investment Risks

Claude
  • ! Interest coverage of 1.0x is critically low—operating income barely covers interest expenses with negligible safety margin for economic downturns
  • ! Severe capital inefficiency with ROE of 2.4% and ROA of 0.3% indicate poor returns despite revenue scale; deteriorating profitability per dollar of equity deployed
  • ! Revenue growth of 48.5% dramatically outpaces net income growth of 6.8%, signaling rapidly rising operating costs or interest expenses consuming earnings momentum
ChatGPT
  • ! Net income growth of 6.8% materially trails revenue growth, indicating weaker incremental earnings conversion
  • ! Interest coverage of 0.9x points to potential sensitivity in funding costs or earnings coverage capacity
  • ! As a commercial bank, results remain exposed to credit quality deterioration, deposit competition, and net interest margin compression

Key Metrics to Watch

Claude
  • * Interest coverage ratio trend—must improve above 1.5x minimum to indicate sustainable debt service capacity
  • * Return on Assets trajectory—2026 results needed to assess if 0.3% ROA is improving or deteriorating further
  • * Net income growth relative to revenue growth—persistent divergence indicates structural cost pressures requiring management action
ChatGPT
  • * Net interest margin and efficiency ratio
  • * Provision for credit losses and nonperforming assets

First Commonwealth Financial Corp. /PA/ (FCF) Financial Metrics & Key Ratios

Revenue
$157.2M
Net Income
$37.5M
EPS (Diluted)
$0.37
Free Cash Flow
$70.7M
Total Assets
$12.3B
Cash Position
$342.9M

💡 AI Analyst Insight

The 45.0% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

FCF Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 30.0%
Net Margin 23.9%
ROE 2.4%
ROA 0.3%
FCF Margin 45.0%

FCF vs Finance Sector: How First Commonwealth Financial Corp. /PA/ Compares

How First Commonwealth Financial Corp. /PA/ compares to Finance sector averages

Net Margin
FCF 23.9%
vs
Sector Avg 25.0%
FCF Sector
ROE
FCF 2.4%
vs
Sector Avg 12.0%
FCF Sector
Current Ratio
FCF 0.0x
vs
Sector Avg 1.2x
FCF Sector
Debt/Equity
FCF 0.1x
vs
Sector Avg 2.0x
FCF Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is First Commonwealth Financial Corp. /PA/ Stock Overvalued? FCF Valuation Analysis 2026

Based on fundamental analysis, First Commonwealth Financial Corp. /PA/ has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
2.4%
Sector avg: 12%
Net Profit Margin
23.9%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.09x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

First Commonwealth Financial Corp. /PA/ Balance Sheet: FCF Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.09x
Debt/Assets
87.3%
Interest Coverage
0.98x
Long-term Debt
$132.1M

FCF Revenue & Earnings Growth: 5-Year Financial Trend

FCF 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: First Commonwealth Financial Corp. /PA/'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $1.54 reflects profitable operations.

FCF Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
45.0%
Free cash flow / Revenue

First Commonwealth Financial Corp. /PA/ Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$86.8M
Cash generated from operations
Stock Buybacks
$24.8M
Shares repurchased (TTM)
Capital Expenditures
$16.1M
Investment in assets
Dividends Paid
$13.8M
Returned to shareholders

FCF SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for First Commonwealth Financial Corp. /PA/ (CIK: 0000712537)

📋 Recent SEC Filings

Date Form Document Action
Jun 8, 2026 4 xslF345X06/wk-form4_1780949622.xml View →
Jun 4, 2026 4 xslF345X06/wk-form4_1780597295.xml View →
May 18, 2026 4 xslF345X06/wk-form4_1779133281.xml View →
May 11, 2026 10-Q fcf-20260331.htm View →
May 6, 2026 4 xslF345X06/wk-form4_1778088963.xml View →

Frequently Asked Questions about FCF

What is the AI rating for FCF?

First Commonwealth Financial Corp. /PA/ (FCF) has a Combined AI Grade of B from Claude (C) and ChatGPT (A) with 66% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are FCF's key strengths?

Claude: Exceptional revenue growth of 48.5% year-over-year demonstrates market demand and business expansion. Strong operating margin of 30% and net margin of 23.9% reflect profitable core operations. ChatGPT: Strong top-line growth of 48.5% YoY with positive net income and EPS growth. Healthy profitability with 30.2% operating margin, 24.1% net margin, 1.2% ROA, and 9.8% ROE.

What are the risks of investing in FCF?

Claude: Interest coverage of 1.0x is critically low—operating income barely covers interest expenses with negligible safety margin for economic downturns. Severe capital inefficiency with ROE of 2.4% and ROA of 0.3% indicate poor returns despite revenue scale; deteriorating profitability per dollar of equity deployed. ChatGPT: Net income growth of 6.8% materially trails revenue growth, indicating weaker incremental earnings conversion. Interest coverage of 0.9x points to potential sensitivity in funding costs or earnings coverage capacity.

What is FCF's revenue and growth?

First Commonwealth Financial Corp. /PA/ reported revenue of $157.2M.

Does FCF pay dividends?

First Commonwealth Financial Corp. /PA/ pays dividends, with $13.8M distributed to shareholders in the trailing twelve months.

Where can I find FCF SEC filings?

Official SEC filings for First Commonwealth Financial Corp. /PA/ (CIK: 0000712537) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is FCF's EPS?

First Commonwealth Financial Corp. /PA/ has a diluted EPS of $0.37.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is FCF's fundamental grade?

Based on our AI fundamental analysis in June 2026, First Commonwealth Financial Corp. /PA/ has a B grade with 66% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is FCF stock overvalued or undervalued?

Valuation metrics for FCF: ROE of 2.4% (sector avg: 12%), net margin of 23.9% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

What is FCF's AI grade for 2026?

Our dual AI analysis gives First Commonwealth Financial Corp. /PA/ a combined B grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is FCF's free cash flow?

First Commonwealth Financial Corp. /PA/'s operating cash flow is $86.8M, with capital expenditures of $16.1M. FCF margin is 45.0%.

How does FCF compare to other Finance stocks?

Vs Finance sector averages: Net margin 23.9% (avg: 25%), ROE 2.4% (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 12, 2026 | Data as of: 2026-03-31 | Powered by Claude AI