First Return On Tangible Assets from 2010 to 2024
FCF Stock | USD 18.74 0.17 0.92% |
Return On Tangible Assets | First Reported 2010-12-31 | Previous Quarter 0.01416095 | Current Value 0.0102 | Quarterly Volatility 0.00355293 |
Check First Commonwealth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Commonwealth's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.9 M, Interest Expense of 151.5 M or Selling General Administrative of 90.3 M, as well as many indicators such as Price To Sales Ratio of 4.2, Dividend Yield of 0.0404 or PTB Ratio of 1.71. First financial statements analysis is a perfect complement when working with First Commonwealth Valuation or Volatility modules.
First | Return On Tangible Assets |
Latest First Commonwealth's Return On Tangible Assets Growth Pattern
Below is the plot of the Return On Tangible Assets of First Commonwealth Financial over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. First Commonwealth's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Commonwealth's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets | 10 Years Trend |
|
Return On Tangible Assets |
Timeline |
First Return On Tangible Assets Regression Statistics
Arithmetic Mean | 0.01 | |
Geometric Mean | 0.01 | |
Coefficient Of Variation | 35.78 | |
Mean Deviation | 0 | |
Median | 0.01 | |
Standard Deviation | 0 | |
Sample Variance | 0.000013 | |
Range | 0.0123 | |
R-Value | 0.64 | |
Mean Square Error | 0.00000797 | |
R-Squared | 0.41 | |
Significance | 0.01 | |
Slope | 0.0005 | |
Total Sum of Squares | 0.0002 |
First Return On Tangible Assets History
About First Commonwealth Financial Statements
First Commonwealth stakeholders use historical fundamental indicators, such as First Commonwealth's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although First Commonwealth investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Commonwealth's assets and liabilities are reflected in the revenues and expenses on First Commonwealth's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Commonwealth Financial. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.01 | 0.01 |
Currently Active Assets on Macroaxis
When determining whether First Commonwealth is a strong investment it is important to analyze First Commonwealth's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Commonwealth's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:Check out the analysis of First Commonwealth Correlation against competitors. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Commonwealth. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Commonwealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.18) | Dividend Share 0.515 | Earnings Share 1.48 | Revenue Per Share 4.475 | Quarterly Revenue Growth (0.05) |
The market value of First Commonwealth is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Commonwealth's value that differs from its market value or its book value, called intrinsic value, which is First Commonwealth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Commonwealth's market value can be influenced by many factors that don't directly affect First Commonwealth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Commonwealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Commonwealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Commonwealth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.