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

May 7, 2026 by InsiderTrades.com

Key Points

CFO James Reske sold 2,072 shares on May 5 at an average price of $18.52 under a pre-arranged Rule 10b5-1 plan, trimming his position by 2.48% to 81,348 shares (≈$1.51M).
First Commonwealth missed Q1 estimates with EPS of $0.37 versus $0.40 and revenue of $133.7M versus $134.32M, though revenue was up 12.9% year‑over‑year and analysts forecast full‑year EPS of $1.71.
The bank raised its quarterly dividend to $0.14 (annualized $0.56) for a ~3.0% yield; the stock has a consensus target of about $20.33 and a MarketBeat average rating of "Moderate Buy."

First Commonwealth Financial Corporation (NYSE:FCF - Get Free Report) CFO James Reske sold 2,072 shares of the business's stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $18.52, for a total value of $38,373.44. Following the completion of the sale, the chief financial officer owned 81,348 shares of the company's stock, valued at $1,506,564.96. The trade was a 2.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

First Commonwealth Financial Stock Performance

Shares of FCF stock opened at $18.62 on Thursday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.92 and a current ratio of 0.93. First Commonwealth Financial Corporation has a fifty-two week low of $15.00 and a fifty-two week high of $19.14. The stock has a 50 day moving average price of $17.88 and a two-hundred day moving average price of $17.30. The company has a market capitalization of $1.90 billion, a P/E ratio of 12.33 and a beta of 0.75.

First Commonwealth Financial (NYSE:FCF - Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The bank reported $0.37 earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $133.70 million during the quarter, compared to the consensus estimate of $134.32 million. During the same quarter in the previous year, the firm posted $0.32 EPS. The business's revenue for the quarter was up 12.9% compared to the same quarter last year. Analysts expect that First Commonwealth Financial Corporation will post 1.71 earnings per share for the current year.

First Commonwealth Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, May 8th will be given a $0.14 dividend. The ex-dividend date is Friday, May 8th. This is an increase from First Commonwealth Financial's previous quarterly dividend of $0.14. This represents a $0.56 annualized dividend and a yield of 3.0%. First Commonwealth Financial's dividend payout ratio is presently 37.09%.

Wall Street Analysts Forecast Growth

FCF has been the subject of several recent research reports. Weiss Ratings reiterated a "buy (b-)" rating on shares of First Commonwealth Financial in a research report on Thursday, January 22nd. Raymond James Financial set a $20.00 price objective on First Commonwealth Financial and gave the company an "outperform" rating in a research report on Wednesday, January 7th. Finally, Keefe, Bruyette & Woods upped their target price on First Commonwealth Financial from $19.00 to $20.00 and gave the company a "market perform" rating in a report on Thursday, January 29th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $20.33.

Check Out Our Latest Stock Report on First Commonwealth Financial

Hedge Funds Weigh In On First Commonwealth Financial

Institutional investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its holdings in First Commonwealth Financial by 2,250.5% in the second quarter. EverSource Wealth Advisors LLC now owns 2,609 shares of the bank's stock worth $42,000 after purchasing an additional 2,498 shares in the last quarter. Smithfield Trust Co bought a new position in First Commonwealth Financial in the fourth quarter worth $51,000. TD Private Client Wealth LLC raised its holdings in First Commonwealth Financial by 20.7% in the fourth quarter. TD Private Client Wealth LLC now owns 3,621 shares of the bank's stock worth $61,000 after purchasing an additional 621 shares in the last quarter. iSAM Funds UK Ltd bought a new position in First Commonwealth Financial in the third quarter worth $85,000. Finally, Smartleaf Asset Management LLC raised its holdings in First Commonwealth Financial by 58.5% in the third quarter. Smartleaf Asset Management LLC now owns 5,285 shares of the bank's stock worth $91,000 after purchasing an additional 1,950 shares in the last quarter. Institutional investors own 72.58% of the company's stock.

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.