Luke Latimer - First Commonwealth Independent Director
| FCF Stock | USD 18.74 0.17 0.92% |
Director
Mr. Luke A. Latimer is Independent Director of the Company. He is Chairman, Chief Executive Officer and Treasurer of RL Development, a heavy construction company in New Alexandria, Pennsylvania. He previously served as Executive Vice President and Treasurer of RL Development from 1999 to October 2015. Mr. Latimer has also served as Vice President and Treasurer of Derry International LTD, Incorporated, a mining company based in New Alexandria, Pennsylvania, since 1999, and is a General Partner of SML Limited Partnership, a real estate holding and development partnership in New Alexandria, Pennsylvania. Mr. Latimer joined our Board in April 2011. He also serves as a director of First Commonwealth Bank and is a member of our Governance Committee and the Credit Committee of First Commonwealth Bank since 2011.
| Age | 44 |
| Tenure | 13 years |
| Address | 601 Philadelphia Street, Indiana, PA, United States, 15701 |
| Phone | 724 349 7220 |
| Web | https://www.fcbanking.com |
First Commonwealth Management Efficiency
The company has Return on Asset of 0.0129 % which means that on every $100 spent on assets, it made $0.0129 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1144 %, implying that it generated $0.1144 on every 100 dollars invested. First Commonwealth's management efficiency ratios could be used to measure how well First Commonwealth manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to 0.01. The current Return On Capital Employed is estimated to decrease to 0.04. At this time, First Commonwealth's Fixed Asset Turnover is most likely to slightly decrease in the upcoming years. The First Commonwealth's current Asset Turnover is estimated to increase to 0.04, while Non Currrent Assets Other are forecasted to increase to (2 B).Similar Executives
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Management Performance
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0129 |
First Commonwealth Leadership Team
Elected by the shareholders, the First Commonwealth's board of directors comprises two types of representatives: First Commonwealth inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Commonwealth's management team and ensure that shareholders' interests are well served. First Commonwealth's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Commonwealth's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Matthew Tomb, Executive Vice President Chief Risk Officer, General Counsel | ||
| Ryan Thomas, VP of Fin. and Investor Relations | ||
| Joseph Culos, Executive President | ||
| CFSA CIA, Executive Executive | ||
| Johnston Glass, Independent Director | ||
| Thomas Price, CEO and President Director and CEO of First Commonwealth Bank | ||
| Jonathan Longwill, Vice Relations | ||
| Ray Charley, Independent Director | ||
| Carrie Riggle, Executive Vice President - Human Resources | ||
| Julie Caponi, Independent Director | ||
| Aradhna Oliphant, Independent Director | ||
| Gary Claus, Independent Director | ||
| Brian Karrip, Executive Vice President Chief Credit Officer of First Commonwealth Bank | ||
| Norman Montgomery, Executive VP of Bus. Integration and Executive VP of Bus. Integration- First Commonwealth Bank | ||
| Robert Ventura, Independent Director | ||
| James CFA, CFO VP | ||
| David Greenfield, Independent Director | ||
| David Dahlmann, Non-Executive Independent Chairman of the Board, Non-Executive Lead Independent Director | ||
| Jon Gorney, Non-Executive Independent Chairman of the Board | ||
| Leonard Lombardi, Executive Vice President Chief Audit Executive | ||
| Brian Sohocki, Executive Officer | ||
| Matthew JD, Chief VP | ||
| Amy Jeffords, Assistant Relations | ||
| Linda Metzmaier, Chief Officer | ||
| Jane Grebenc, Executive Vice President, Chief Revenue Officer, Director; President of First Commonwealth Bank | ||
| Stephen Wolfe, Independent Director | ||
| James Reske, Chief Financial Officer, Executive Vice President, Treasurer | ||
| Bart Johnson, Independent Director | ||
| Rob Boyer, President Group | ||
| Luke Latimer, Independent Director |
First Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Commonwealth a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0129 | |||
| Profit Margin | 0.33 % | |||
| Operating Margin | 0.41 % | |||
| Current Valuation | 2.04 B | |||
| Shares Outstanding | 101.78 M | |||
| Shares Owned By Insiders | 1.90 % | |||
| Shares Owned By Institutions | 76.23 % | |||
| Number Of Shares Shorted | 1.03 M | |||
| Price To Earning | 13.26 X |
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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Commonwealth Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.