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

June 9, 2026 by InsiderTrades.com

Key Points

First Commonwealth Financial CFO James Reske sold 2,072 shares on June 5 at an average price of $18.93, totaling about $39,223. The sale was part of a pre-arranged Rule 10b5-1 trading plan, and he still owns 79,276 shares.
The bank missed quarterly earnings estimates, reporting $0.37 EPS versus the expected $0.40, while revenue came in at $133.7 million, slightly below forecasts. However, revenue was still up 12.9% from a year earlier.
First Commonwealth recently raised its quarterly dividend to $0.14 per share, which annualizes to a 2.9% yield. Analysts currently rate the stock a Moderate Buy with a consensus price target of $20.33.

First Commonwealth Financial Corporation (NYSE:FCF - Get Free Report) CFO James Reske sold 2,072 shares of First Commonwealth Financial stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $18.93, for a total value of $39,222.96. Following the sale, the chief financial officer directly owned 79,276 shares in the company, valued at approximately $1,500,694.68. The trade was a 2.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

First Commonwealth Financial Trading Up 0.3%

NYSE:FCF opened at $19.18 on Tuesday. The stock has a market cap of $1.95 billion, a price-to-earnings ratio of 12.70 and a beta of 0.75. First Commonwealth Financial Corporation has a one year low of $15.00 and a one year high of $19.37. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.92 and a current ratio of 0.93. The business's 50-day simple moving average is $18.50 and its 200 day simple moving average is $17.75.

First Commonwealth Financial (NYSE:FCF - Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The bank reported $0.37 earnings per share for the quarter, missing analysts' consensus estimates 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 business had revenue of $133.70 million for the quarter, compared to analyst estimates of $134.32 million. During the same quarter last year, the business earned $0.32 EPS. First Commonwealth Financial's revenue for the quarter was up 12.9% compared to the same quarter last year. As a group, sell-side analysts predict that First Commonwealth Financial Corporation will post 1.71 earnings per share for the current fiscal year.

First Commonwealth Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.9%. This is a boost from First Commonwealth Financial's previous quarterly dividend of $0.14. The ex-dividend date was Friday, May 8th. First Commonwealth Financial's payout ratio is presently 37.09%.

Institutional Investors Weigh In On First Commonwealth Financial

Several institutional investors and hedge funds have recently made changes to their positions in FCF. EverSource Wealth Advisors LLC lifted its stake in First Commonwealth Financial by 2,250.5% during 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 during the last quarter. Smithfield Trust Co bought a new stake in First Commonwealth Financial during the fourth quarter valued at $51,000. TD Private Client Wealth LLC raised its holdings in shares of First Commonwealth Financial by 20.7% during 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 during the period. iSAM Funds UK Ltd acquired a new stake in shares of First Commonwealth Financial during the third quarter worth $85,000. Finally, Smartleaf Asset Management LLC lifted its position in shares of First Commonwealth Financial by 58.5% in the 3rd quarter. Smartleaf Asset Management LLC now owns 5,285 shares of the bank's stock worth $91,000 after buying an additional 1,950 shares during the last quarter. 72.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a "buy (b)" rating on shares of First Commonwealth Financial in a research note on Tuesday, May 19th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $20.33.

View Our Latest Stock Report on FCF

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.