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

Posted by Brian Himes on Jul 9th, 2026

First Commonwealth Financial Corporation (NYSE:FCF – Get Free Report) CFO James Reske sold 2,072 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $20.50, for a total value of $42,476.00. Following the transaction, the chief financial officer directly owned 77,204 shares of the company’s stock, valued at approximately $1,582,682. This represents a 2.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

First Commonwealth Financial Stock Down 1.5%

Shares of NYSE:FCF opened at $19.97 on Thursday. First Commonwealth Financial Corporation has a fifty-two week low of $15.00 and a fifty-two week high of $20.87. The firm’s 50 day moving average price is $19.22 and its 200 day moving average price is $18.27. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 0.09. The stock has a market cap of $2.03 billion, a price-to-earnings ratio of 13.22 and a beta of 0.74.

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

First Commonwealth Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were paid a dividend of $0.14 per share. The ex-dividend date was Friday, May 8th. This is an increase from First Commonwealth Financial’s previous quarterly dividend of $0.14. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.8%. First Commonwealth Financial’s payout ratio is presently 37.09%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of FCF. State Street Corp raised its stake in First Commonwealth Financial by 4.7% during the 4th quarter. State Street Corp now owns 4,854,021 shares of the bank’s stock worth $81,839,000 after acquiring an additional 216,099 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in First Commonwealth Financial by 0.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,376,999 shares of the bank’s stock valued at $73,796,000 after acquiring an additional 34,594 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of First Commonwealth Financial by 0.5% during the third quarter. Franklin Resources Inc. now owns 3,943,604 shares of the bank’s stock worth $67,238,000 after purchasing an additional 21,061 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its position in shares of First Commonwealth Financial by 6.9% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,516,155 shares of the bank’s stock worth $42,422,000 after purchasing an additional 162,079 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of First Commonwealth Financial by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 2,467,460 shares of the bank’s stock worth $41,607,000 after purchasing an additional 6,421 shares in the last quarter. Institutional investors and hedge funds own 72.58% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed 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 stock. According to MarketBeat, First Commonwealth Financial has an average rating of “Moderate Buy” and a consensus price target of $20.33.

Read Our Latest Stock Report on FCF

About First Commonwealth Financial

(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.