First Historical Income Statement
| FCF Stock | USD 19.21 0.47 2.51% |
Historical analysis of First Commonwealth income statement accounts such as Selling General Administrative of 90.3 M or Total Revenue of 255.3 M can show how well First Commonwealth Financial performed in making a profits. Evaluating First Commonwealth income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Commonwealth's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining First Commonwealth latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Commonwealth is a good buy for the upcoming year.
First |
About First Income Statement Analysis
First Commonwealth Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Commonwealth shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
First Commonwealth Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts First Commonwealth generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of First Commonwealth Financial minus its cost of goods sold. It is profit before First Commonwealth operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First Commonwealth. It is also known as First Commonwealth overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most accounts from First Commonwealth's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Commonwealth current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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. At this time, First Commonwealth's Other Operating Expenses is most likely to increase significantly in the upcoming years. The First Commonwealth's current Operating Income is estimated to increase to about 274.3 M, while Selling General Administrative is projected to decrease to roughly 90.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 15.3M | 17.7M | 144.3M | 151.5M | Depreciation And Amortization | 14.8M | 15.7M | 4.1M | 3.9M |
First Commonwealth income statement Correlations
Click cells to compare fundamentals
First Commonwealth Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Commonwealth income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 17.3M | 17.2M | 14.8M | 15.7M | 4.1M | 3.9M | |
| Interest Expense | 55.4M | 32.9M | 15.3M | 17.7M | 144.3M | 151.5M | |
| Selling General Administrative | 126.4M | 137.2M | 134.4M | 128.9M | 149.1M | 90.3M | |
| Total Revenue | 355.3M | 362.7M | 385.3M | 410.9M | 467.3M | 255.3M | |
| Gross Profit | 329.6M | 338.0M | 358.6M | 380.2M | 626.4M | 657.7M | |
| Other Operating Expenses | 224.5M | 272.5M | 212.5M | 5.0M | 206.0M | 216.3M | |
| Operating Income | 130.8M | 90.2M | 172.8M | 185.3M | 261.2M | 274.3M | |
| Ebit | 116.8M | (15.8M) | (12.5M) | (12.9M) | 211.6M | 222.2M | |
| Ebitda | 134.2M | 1.4M | 2.3M | 2.8M | 215.7M | 110.1M | |
| Total Operating Expenses | (224.5M) | (272.5M) | (212.5M) | 5.0M | 206.0M | 216.3M | |
| Income Before Tax | 132.6M | 91.7M | 172.8M | 160.2M | 197.6M | 207.4M | |
| Total Other Income Expense Net | 1.7M | (44.0M) | (40.0M) | (45.8M) | (63.7M) | (66.9M) | |
| Net Income | 105.3M | 73.4M | 138.3M | 128.2M | 157.1M | 164.9M | |
| Income Tax Expense | 25.5M | 16.8M | 34.6M | 32.0M | 40.5M | 42.5M | |
| Cost Of Revenue | 25.8M | 24.8M | 26.7M | 30.7M | (159.1M) | (151.2M) | |
| Net Income Applicable To Common Shares | 105.3M | 73.4M | 138.3M | 128.2M | 147.4M | 154.8M | |
| Selling And Marketing Expenses | 4.3M | 4.7M | 5.0M | 5.0M | 5.7M | 4.2M | |
| Net Income From Continuing Ops | 105.3M | 73.4M | 138.3M | 128.2M | 148.0M | 85.4M | |
| Tax Provision | 25.5M | 16.8M | 34.6M | 32.0M | 37.7M | 32.6M | |
| Net Interest Income | 268.3M | 268.3M | 278.5M | 312.2M | 375.5M | 289.0M | |
| Interest Income | 323.7M | 301.2M | 293.8M | 330.0M | 479.5M | 328.3M | |
| Reconciled Depreciation | 10.4M | 11.7M | 3.5M | 3.2M | 5.6M | 5.9M |
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 Global Correlations module to find global opportunities by holding instruments from different markets.
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.