Insider Selling: First Commonwealth Financial (NYSE:FCF) CFO Sells 2,072 Shares of Stock

March 7, 2026 by InsiderTrades.com

Key Points

CFO James Reske sold 2,072 shares on March 5 at an average price of $17.58 for about $36,425.76, leaving him with 85,492 shares (a 2.37% decline in his ownership, valued at ≈$1.50M).
The bank beat Q4 estimates with $0.43 EPS (vs. $0.41) and 14.2% year-over-year revenue growth, declared a quarterly dividend yielding 3.1% ($0.54 annualized, DPR ~37%), and its board approved a $25.00 million share buyback (~1.5% of shares outstanding).
FCF trades near $17.24 with a $1.76B market cap and P/E of ~11.8, and analysts give it a "Moderate Buy" consensus with an average target price of $19.75.

First Commonwealth Financial Corporation (NYSE:FCF - Get Free Report) CFO James Reske sold 2,072 shares of the firm's stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $17.58, for a total transaction of $36,425.76. Following the transaction, the chief financial officer directly owned 85,492 shares in the company, valued at approximately $1,502,949.36. This represents a 2.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

First Commonwealth Financial Price Performance

Shares of FCF stock traded down $0.38 during trading on Friday, hitting $17.24. The company had a trading volume of 911,461 shares, compared to its average volume of 770,511. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.92 and a current ratio of 0.95. The firm has a market capitalization of $1.76 billion, a P/E ratio of 11.81 and a beta of 0.79. The stock's 50-day moving average price is $17.78 and its 200 day moving average price is $17.11. First Commonwealth Financial Corporation has a one year low of $13.54 and a one year high of $19.08.

First Commonwealth Financial (NYSE:FCF - Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The bank reported $0.43 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.02. The firm had revenue of $137.82 million for the quarter, compared to analyst estimates of $135.63 million. First Commonwealth Financial had a return on equity of 10.43% and a net margin of 20.88%.The company's revenue was up 14.2% on a year-over-year basis. During the same quarter last year, the company earned $0.35 EPS. Equities analysts expect that First Commonwealth Financial Corporation will post 1.45 EPS for the current fiscal year.

First Commonwealth Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Friday, February 6th were given a $0.135 dividend. The ex-dividend date was Friday, February 6th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 3.1%. First Commonwealth Financial's dividend payout ratio (DPR) is presently 36.99%.

First Commonwealth Financial declared that its Board of Directors has approved a share buyback program on Monday, December 1st that authorizes the company to repurchase $25.00 million in outstanding shares. This repurchase authorization authorizes the bank to buy up to 1.5% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its shares are undervalued.

Institutional Trading of First Commonwealth Financial

A number of hedge funds and other institutional investors have recently modified their holdings of FCF. State Street Corp increased its holdings in shares of First Commonwealth Financial by 4.7% during the fourth quarter. State Street Corp now owns 4,854,021 shares of the bank's stock worth $81,839,000 after buying an additional 216,099 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of First Commonwealth Financial by 0.8% during the 4th 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. boosted its holdings in shares of First Commonwealth Financial by 0.5% during the 3rd quarter. Franklin Resources Inc. now owns 3,943,604 shares of the bank's stock valued at $67,238,000 after acquiring an additional 21,061 shares in the last quarter. First Trust Advisors LP grew its position in First Commonwealth Financial by 67.6% during the 2nd quarter. First Trust Advisors LP now owns 3,597,925 shares of the bank's stock worth $58,394,000 after acquiring an additional 1,451,544 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in First Commonwealth Financial by 2.3% in the 2nd quarter. Geode Capital Management LLC now owns 2,528,250 shares of the bank's stock worth $41,039,000 after purchasing an additional 56,324 shares in the last quarter. Institutional investors own 72.58% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on FCF shares. Piper Sandler started coverage on shares of First Commonwealth Financial in a research note on Wednesday, December 17th. They set an "overweight" rating and a $21.00 price objective on the stock. Keefe, Bruyette & Woods boosted their target price on shares of First Commonwealth Financial from $19.00 to $20.00 and gave the company a "market perform" rating in a research report on Thursday, January 29th. Raymond James Financial set a $20.00 price target on shares of First Commonwealth Financial and gave the stock an "outperform" rating in a report on Wednesday, January 7th. Finally, Weiss Ratings reissued a "buy (b-)" rating on shares of First Commonwealth Financial in a research note on Thursday, January 22nd. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $19.75.

Read 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.