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

Posted by Francis Steltz on Sep 4th, 2026

First Commonwealth Financial Corporation (NYSE:FCF – Get Free Report) CFO James Reske sold 2,072 shares of First Commonwealth Financial stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $21.25, for a total transaction of $44,030.00. Following the transaction, the chief financial officer directly owned 73,060 shares in the company, valued at $1,552,525. The trade was a 2.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

First Commonwealth Financial Trading Up 1.1%

First Commonwealth Financial stock traded up $0.23 during mid-day trading on Friday, hitting $21.39. 746,859 shares of the company’s stock were exchanged, compared to its average volume of 803,416. The company’s 50 day simple moving average is $20.98 and its 200-day simple moving average is $19.28. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $2.16 billion, a P/E ratio of 13.12 and a beta of 0.74. First Commonwealth Financial Corporation has a fifty-two week low of $15.00 and a fifty-two week high of $22.34.

First Commonwealth Financial (NYSE:FCF – Get Free Report) last posted its earnings results on Tuesday, July 28th. The bank reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.02. First Commonwealth Financial had a return on equity of 10.79% and a net margin of 22.62%.The firm had revenue of $139.42 million during the quarter, compared to analysts’ expectations of $137.48 million. On average, equities analysts anticipate that First Commonwealth Financial Corporation will post 1.73 earnings per share for the current year.

First Commonwealth Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 21st. Investors of record on Friday, August 7th were paid a $0.14 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a $0.56 dividend on an annualized basis and a yield of 2.6%. First Commonwealth Financial’s dividend payout ratio is presently 34.36%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Keefe, Bruyette & Woods lifted their target price on First Commonwealth Financial from $21.00 to $24.00 and gave the company a “market perform” rating in a research report on Friday, July 31st. Piper Sandler reaffirmed an “overweight” rating and set a $25.00 price target (up from $21.00) on shares of First Commonwealth Financial in a research note on Thursday, July 30th. Raymond James Financial reiterated an “outperform” rating and issued a $24.00 price objective on shares of First Commonwealth Financial in a report on Friday, July 31st. Royal Bank Of Canada increased their target price on shares of First Commonwealth Financial from $23.00 to $24.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of First Commonwealth Financial in a research report on Friday, August 14th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $24.25.

Get Our Latest Analysis on First Commonwealth Financial

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FCF. Weiss Asset Management LP acquired a new position in shares of First Commonwealth Financial during the 1st quarter worth approximately $1,751,000. UBS Group AG grew its stake in shares of First Commonwealth Financial by 103.0% in the fourth quarter. UBS Group AG now owns 210,197 shares of the bank’s stock valued at $3,544,000 after buying an additional 106,654 shares in the last quarter. Intech Investment Management LLC increased its holdings in First Commonwealth Financial by 147.1% during the fourth quarter. Intech Investment Management LLC now owns 239,641 shares of the bank’s stock worth $4,040,000 after buying an additional 142,645 shares during the last quarter. Bank of America Corp DE raised its position in First Commonwealth Financial by 95.4% during the first quarter. Bank of America Corp DE now owns 559,989 shares of the bank’s stock worth $9,845,000 after acquiring an additional 273,351 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its stake in First Commonwealth Financial by 453.3% in the first quarter. Renaissance Technologies LLC now owns 215,591 shares of the bank’s stock valued at $3,790,000 after acquiring an additional 176,626 shares during the last quarter. 72.58% of the stock is currently owned by institutional investors.

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.