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

January 7, 2026 by InsiderTrades.com

Key Points

CFO James Reske sold 2,072 shares on January 5 at an average price of $16.74 (total $34,685), leaving him with 80,311 shares — a 2.52% reduction in his ownership.
The board approved a $25 million share buyback (up to ~1.5% of shares), a move that typically signals management believes the stock is undervalued.
First Commonwealth missed Q3 EPS ($0.39 vs. $0.41 expected) and reported revenue slightly below estimates; the stock trades near $17.10 and pays a $0.135 quarterly dividend (≈3.2% yield) with a consensus rating of "Moderate Buy" and an average target of $19.90.

First Commonwealth Financial Corporation (NYSE:FCF - Get Free Report) CFO James Reske sold 2,072 shares of the stock in a transaction on Monday, January 5th. The shares were sold at an average price of $16.74, for a total value of $34,685.28. Following the transaction, the chief financial officer directly owned 80,311 shares in the company, valued at $1,344,406.14. The trade was a 2.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

First Commonwealth Financial Stock Performance

Shares of FCF opened at $17.10 on Wednesday. The firm has a market capitalization of $1.77 billion, a P/E ratio of 12.39 and a beta of 0.79. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.94 and a quick ratio of 0.94. First Commonwealth Financial Corporation has a one year low of $13.54 and a one year high of $18.28. The business has a fifty day moving average of $16.45 and a 200 day moving average of $16.72.

First Commonwealth Financial (NYSE:FCF - Get Free Report) last announced its earnings results on Tuesday, October 28th. The bank reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.02). First Commonwealth Financial had a return on equity of 10.12% and a net margin of 20.00%.The firm had revenue of $135.98 million during the quarter, compared to analysts' expectations of $136.30 million. During the same period in the previous year, the business posted $0.31 earnings per share. As a group, sell-side analysts anticipate that First Commonwealth Financial Corporation will post 1.45 EPS for the current year.

First Commonwealth Financial announced that its Board of Directors has approved a share buyback plan on Monday, December 1st that allows the company to buyback $25.00 million in shares. This buyback authorization allows the bank to purchase up to 1.5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's management believes its shares are undervalued.

First Commonwealth Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 21st. Investors of record on Friday, November 7th were given a dividend of $0.135 per share. This represents a $0.54 annualized dividend and a yield of 3.2%. The ex-dividend date was Friday, November 7th. First Commonwealth Financial's payout ratio is 39.13%.

Institutional Investors Weigh In On First Commonwealth Financial

A number of institutional investors have recently bought and sold shares of the business. Voya Investment Management LLC raised its stake in First Commonwealth Financial by 393.5% during the 1st quarter. Voya Investment Management LLC now owns 161,216 shares of the bank's stock valued at $2,505,000 after purchasing an additional 128,547 shares during the period. Envestnet Portfolio Solutions Inc. bought a new position in First Commonwealth Financial in the 2nd quarter worth approximately $411,000. Vest Financial LLC grew its holdings in First Commonwealth Financial by 24.9% during the 2nd quarter. Vest Financial LLC now owns 118,422 shares of the bank's stock valued at $1,922,000 after buying an additional 23,622 shares in the last quarter. First Trust Advisors LP raised its position in shares of First Commonwealth Financial by 67.6% during the second quarter. First Trust Advisors LP now owns 3,597,925 shares of the bank's stock valued at $58,394,000 after buying an additional 1,451,544 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in shares of First Commonwealth Financial by 106.2% in the first quarter. Raymond James Financial Inc. now owns 204,795 shares of the bank's stock worth $3,183,000 after buying an additional 105,478 shares in the last quarter. Hedge funds and other institutional investors own 72.58% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on FCF shares. DA Davidson cut shares of First Commonwealth Financial from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 20th. Weiss Ratings reiterated a "buy (b-)" rating on shares of First Commonwealth Financial in a research report on Wednesday, October 8th. Zacks Research lowered First Commonwealth Financial from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 30th. Finally, Piper Sandler began coverage on First Commonwealth Financial in a research report on Wednesday, December 17th. They issued an "overweight" rating and a $21.00 price target for the company. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $19.90.

View Our Latest Stock Report on First Commonwealth Financial

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.