First Commonwealth Financial Q3 adjusted EPS misses estimates

First Commonwealth Financial

28/10/2025 21:08

Overview

First Commonwealth Q3 net income rises to $41.3 mln, adjusted EPS misses estimates

Net interest income increased $4.9 mln from prior qtr, driven by margin expansion

Nonperforming loans decreased by $10.8 mln from the previous quarter

Outlook

Company did not provide specific guidance for future quarters or the full year in its press release

Result Drivers

NET INTEREST INCOME - Increase driven by 9 basis point expansion in net interest margin and growth in interest-earning assets

ASSET QUALITY - Nonperforming loans decreased by $10.8 mln from the previous quarter, driven by a decreased balance for an individual commercial floorplan relationship

DEPOSIT AND LOAN GROWTH - Average deposits increased $102.7 mln and total loans increased $137.0 mln from the previous quarter

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Miss
$0.39
$0.41 (6 Analysts)
Q3 EPS
$0.39
Q3 Adjusted Net Income
Miss
$41.16 mln
$43 mln (5 Analysts)
Q3 Net Income
$41.32 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for First Commonwealth Financial Corp is $19.00, about 13.7% above its October 28 closing price of $16.39

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nGNX4GJ1FT

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)