First Commonwealth Financial (NYSE:FCF) Raised to “Hold” at DA Davidson

Posted by Stanley Muller on Sep 30th, 2026

First Commonwealth Financial (NYSE:FCF – Get Free Report) was upgraded by equities research analysts at DA Davidson to a “hold” rating in a note issued to investors on Monday, Zacks reports.

A number of other brokerages also recently commented on FCF. Weiss Ratings reaffirmed a “buy (b)” rating on shares of First Commonwealth Financial in a report on Friday, August 14th. Royal Bank Of Canada upped their price objective on First Commonwealth Financial from $23.00 to $24.00 and gave the company an “outperform” rating in a research report on Thursday, July 30th. Raymond James Financial reaffirmed an “outperform” rating and issued a $24.00 price objective on shares of First Commonwealth Financial in a research note on Friday, July 31st. Piper Sandler reiterated an “overweight” rating and issued a $25.00 target price (up from $21.00) on shares of First Commonwealth Financial in a report on Thursday, July 30th. Finally, Keefe, Bruyette & Woods boosted 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. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $24.20.

View Our Latest Analysis on First Commonwealth Financial

First Commonwealth Financial Price Performance

First Commonwealth Financial stock opened at $20.34 on Monday. First Commonwealth Financial has a 52-week low of $15.00 and a 52-week high of $22.34. 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’s fifty day moving average is $21.17 and its 200 day moving average is $19.69. The company has a market cap of $2.06 billion, a price-to-earnings ratio of 12.48 and a beta of 0.74.

First Commonwealth Financial (NYSE:FCF – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The bank reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.02. First Commonwealth Financial had a net margin of 22.62% and a return on equity of 10.79%. The business had revenue of $139.42 million during the quarter, compared to analysts’ expectations of $137.48 million. Sell-side analysts forecast that First Commonwealth Financial will post 1.73 EPS for the current fiscal year.

Insider Activity at First Commonwealth Financial

In other news, CFO James Reske sold 2,072 shares of First Commonwealth Financial stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $21.25, for a total transaction of $44,030.00. Following the completion of the sale, the chief financial officer owned 73,060 shares of the company’s stock, valued at approximately $1,552,525. The trade was a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 6,216 shares of company stock worth $131,779 over the last 90 days. Company insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of FCF. Weiss Asset Management LP purchased a new stake in shares of First Commonwealth Financial in the 1st quarter worth $1,751,000. Bank of America Corp DE increased its stake in shares of 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 valued at $9,845,000 after buying an additional 273,351 shares during the period. Renaissance Technologies LLC increased its stake in shares of First Commonwealth Financial by 453.3% during the first quarter. Renaissance Technologies LLC now owns 215,591 shares of the bank’s stock valued at $3,790,000 after buying an additional 176,626 shares during the period. Bank of New York Mellon Corp bought a new stake in shares of First Commonwealth Financial in the second quarter valued at about $22,028,000. Finally, First Trust Advisors LP raised its holdings in shares of First Commonwealth Financial by 42.8% in the first quarter. First Trust Advisors LP now owns 174,997 shares of the bank’s stock valued at $3,076,000 after acquiring an additional 52,410 shares in the last quarter. 72.58% of the stock is currently owned by hedge funds and other institutional investors.

First Commonwealth Financial Company Profile

(Get Free Report)

First Commonwealth Financial Corporation is a financial services company headquartered in Indiana, Pennsylvania, and the parent company of First Commonwealth Bank. The bank serves individuals, families, businesses and institutions through a network of community banking offices and digital banking channels.

First Commonwealth Bank provides a range of consumer and commercial banking products, including checking and savings accounts, certificates of deposit, residential mortgages, home equity loans, personal lending, commercial loans and lines of credit.