James Reske Sells 2,072 Shares of First Commonwealth Financial (NYSE:FCF) Stock

Posted by Francis Steltz on Jun 10th, 2026

First Commonwealth Financial Corporation (NYSE:FCF – Get Free Report) CFO James Reske sold 2,072 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $18.93, for a total transaction of $39,222.96. Following the completion of the sale, the chief financial officer directly owned 79,276 shares in the company, valued at approximately $1,500,694.68. The trade was a 2.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

First Commonwealth Financial Price Performance

NYSE:FCF opened at $19.34 on Wednesday. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 12.81 and a beta of 0.75. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.09. The company’s 50-day moving average is $18.54 and its two-hundred day moving average is $17.77. First Commonwealth Financial Corporation has a 12-month low of $15.00 and a 12-month high of $19.71.

First Commonwealth Financial (NYSE:FCF – Get Free Report) last released its earnings results on Tuesday, April 28th. The bank reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.03). The firm had revenue of $133.70 million during the quarter, compared to analysts’ expectations of $134.32 million. First Commonwealth Financial had a net margin of 21.19% and a return on equity of 10.56%. First Commonwealth Financial’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same quarter last year, the company posted $0.32 earnings per share. Research analysts expect that First Commonwealth Financial Corporation will post 1.71 EPS for the current year.

First Commonwealth Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were issued a $0.14 dividend. This is a positive change from First Commonwealth Financial’s previous quarterly dividend of $0.14. The ex-dividend date was Friday, May 8th. This represents a $0.56 dividend on an annualized basis and a yield of 2.9%. First Commonwealth Financial’s payout ratio is currently 37.09%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC raised its holdings in First Commonwealth Financial by 2,250.5% in the second quarter. EverSource Wealth Advisors LLC now owns 2,609 shares of the bank’s stock valued at $42,000 after buying an additional 2,498 shares during the period. Smithfield Trust Co purchased a new position in First Commonwealth Financial in the fourth quarter valued at approximately $51,000. TD Private Client Wealth LLC raised its holdings in First Commonwealth Financial by 20.7% in the fourth quarter. TD Private Client Wealth LLC now owns 3,621 shares of the bank’s stock valued at $61,000 after buying an additional 621 shares during the period. iSAM Funds UK Ltd purchased a new position in First Commonwealth Financial in the third quarter valued at approximately $85,000. Finally, Smartleaf Asset Management LLC raised its holdings in First Commonwealth Financial by 58.5% in the third quarter. Smartleaf Asset Management LLC now owns 5,285 shares of the bank’s stock valued at $91,000 after buying an additional 1,950 shares during the period. Hedge funds and other institutional investors own 72.58% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “buy (b)” rating on shares of First Commonwealth Financial in a report on Tuesday, May 19th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, First Commonwealth Financial has a consensus rating of “Moderate Buy” and a consensus price target of $20.33.

Get Our Latest Stock Analysis on First Commonwealth Financial

First Commonwealth Financial Company Profile

(Get Free Report)

First Commonwealth Financial Corporation, headquartered in Indiana, Pennsylvania, is a bank holding company whose primary subsidiary is First Commonwealth Bank. Established in 1889 as Indiana National Bank, the company has grown through a combination of organic expansion and strategic acquisitions to build a diversified platform of commercial banking, retail banking and wealth management services.

First Commonwealth offers a comprehensive suite of financial products, including deposit accounts, personal and business lending solutions, mortgage origination and servicing, treasury management, and trust and investment services.