First Net Income vs Non Recurring Analysis

FCF Stock

USD 19.21 0.47 2.51%

First Commonwealth financial indicator trend analysis is much more than just examining First Commonwealth latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Commonwealth is a good investment. Please check the relationship between First Commonwealth Net Income and its Non Recurring accounts. 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.

Net Income vs Non Recurring

Net Income vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Commonwealth Net Income account and Non Recurring. At this time, the significance of the direction appears to have strong relationship.

The correlation between First Commonwealth's Net Income and Non Recurring is 0.6. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Non Recurring in the same time period over historical financial statements of First Commonwealth Financial, assuming nothing else is changed. The correlation between historical values of First Commonwealth's Net Income and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of First Commonwealth Financial are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Net Income i.e., First Commonwealth's Net Income and Non Recurring go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in First Commonwealth financial statement analysis. It represents the amount of money remaining after all of First Commonwealth Financial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Non Recurring

Most indicators from First Commonwealth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.

The current Selling General Administrative is estimated to decrease to about 90.3 M. The current Tax Provision is estimated to decrease to about 32.6 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

Interest Expense Depreciation And Amortization

First Commonwealth fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable	Long Term Debt	Short Term Investments
Total Assets		0.06	0.1	0.27	0.98	0.9	-0.05	0.78	0.48	0.33	-0.27	-0.02	0.23	0.68	0.3	0.78	1.0	0.67	-0.21	-0.03	0.92	0.9	0.41	0.94	-0.6	-0.15
Short Long Term Debt Total	0.06		0.02	0.35	0.02	-0.22	0.98	0.02	-0.5	0.15	0.56	0.26	0.17	0.32	0.13	0.05	0.07	-0.13	0.57	0.98	0.28	0.3	-0.39	-0.23	-0.64	0.05
Other Current Liab	0.1	0.02		0.72	0.1	-0.01	0.05	0.39	-0.14	0.75	-0.23	-0.63	-0.77	0.14	0.76	0.21	0.1	0.43	-0.29	-0.08	0.14	0.1	-0.06	0.13	0.03	-0.66
Total Current Liabilities	0.27	0.35	0.72		0.18	0.07	0.34	0.65	-0.14	0.97	-0.29	-0.75	-0.54	0.06	0.97	0.08	0.28	0.61	-0.35	0.25	0.24	0.2	-0.12	0.26	-0.1	-0.88
Total Stockholder Equity	0.98	0.02	0.1	0.18		0.92	-0.09	0.71	0.46	0.26	-0.27	0.05	0.25	0.75	0.23	0.87	0.97	0.58	-0.14	-0.08	0.94	0.92	0.41	0.91	-0.6	-0.07
Property Plant And Equipment Net	0.9	-0.22	-0.01	0.07	0.92		-0.32	0.71	0.59	0.19	-0.33	-0.03	0.28	0.59	0.16	0.72	0.89	0.6	-0.38	-0.31	0.78	0.78	0.56	0.91	-0.4	-0.05
Net Debt	-0.05	0.98	0.05	0.34	-0.09	-0.32		-0.07	-0.66	0.13	0.57	0.25	0.08	0.26	0.12	0.0	-0.05	-0.22	0.6	0.96	0.19	0.2	-0.53	-0.34	-0.56	0.04
Retained Earnings	0.78	0.02	0.39	0.65	0.71	0.71	-0.07		0.4	0.73	-0.51	-0.46	-0.12	0.38	0.71	0.43	0.79	0.93	-0.52	-0.11	0.63	0.63	0.31	0.81	-0.33	-0.58
Cash	0.48	-0.5	-0.14	-0.14	0.46	0.59	-0.66	0.4		0.0	-0.36	-0.1	0.3	0.09	-0.03	0.18	0.48	0.45	-0.46	-0.52	0.24	0.25	0.88	0.61	0.0	0.01
Non Current Assets Total	0.33	0.15	0.75	0.97	0.26	0.19	0.13	0.73	0.0		-0.44	-0.82	-0.54	0.08	1.0	0.15	0.34	0.71	-0.48	0.03	0.27	0.23	0.0	0.38	-0.02	-0.91
Non Currrent Assets Other	-0.27	0.56	-0.23	-0.29	-0.27	-0.33	0.57	-0.51	-0.36	-0.44		0.53	0.39	0.14	-0.45	-0.12	-0.27	-0.51	0.54	0.59	-0.08	-0.05	-0.15	-0.49	-0.28	0.6
Other Assets	-0.02	0.26	-0.63	-0.75	0.05	-0.03	0.25	-0.46	-0.1	-0.82	0.53		0.68	0.4	-0.83	0.21	-0.03	-0.57	0.79	0.31	0.18	0.24	-0.08	-0.23	-0.5	0.92
Cash And Short Term Investments	0.23	0.17	-0.77	-0.54	0.25	0.28	0.08	-0.12	0.3	-0.54	0.39	0.68		0.39	-0.57	0.19	0.22	-0.19	0.38	0.16	0.29	0.34	0.29	0.08	-0.39	0.72
Common Stock Shares Outstanding	0.68	0.32	0.14	0.06	0.75	0.59	0.26	0.38	0.09	0.08	0.14	0.4	0.39		0.05	0.88	0.67	0.21	0.37	0.19	0.89	0.92	0.18	0.46	-0.8	0.27
Non Current Liabilities Total	0.3	0.13	0.76	0.97	0.23	0.16	0.12	0.71	-0.03	1.0	-0.45	-0.83	-0.57	0.05		0.13	0.31	0.69	-0.49	0.01	0.24	0.19	-0.01	0.36	0.03	-0.92
Other Stockholder Equity	0.78	0.05	0.21	0.08	0.87	0.72	0.0	0.43	0.18	0.15	-0.12	0.21	0.19	0.88	0.13		0.76	0.28	0.16	-0.06	0.91	0.89	0.24	0.66	-0.59	0.09
Total Liab	1.0	0.07	0.1	0.28	0.97	0.89	-0.05	0.79	0.48	0.34	-0.27	-0.03	0.22	0.67	0.31	0.76		0.68	-0.22	-0.02	0.91	0.89	0.41	0.94	-0.6	-0.16
Property Plant And Equipment Gross	0.67	-0.13	0.43	0.61	0.58	0.6	-0.22	0.93	0.45	0.71	-0.51	-0.57	-0.19	0.21	0.69	0.28	0.68		-0.66	-0.24	0.45	0.44	0.28	0.77	-0.14	-0.61
Total Current Assets	-0.21	0.57	-0.29	-0.35	-0.14	-0.38	0.6	-0.52	-0.46	-0.48	0.54	0.79	0.38	0.37	-0.49	0.16	-0.22	-0.66		0.61	0.12	0.16	-0.41	-0.47	-0.52	0.62
Short Term Debt	-0.03	0.98	-0.08	0.25	-0.08	-0.31	0.96	-0.11	-0.52	0.03	0.59	0.31	0.16	0.19	0.01	-0.06	-0.02	-0.24	0.61		0.18	0.18	-0.45	-0.3	-0.59	0.1
Common Stock Total Equity	0.92	0.28	0.14	0.24	0.94	0.78	0.19	0.63	0.24	0.27	-0.08	0.18	0.29	0.89	0.24	0.91	0.91	0.45	0.12	0.18		0.99	0.24	0.75	-0.79	0.0
Common Stock	0.9	0.3	0.1	0.2	0.92	0.78	0.2	0.63	0.25	0.23	-0.05	0.24	0.34	0.92	0.19	0.89	0.89	0.44	0.16	0.18	0.99		0.26	0.72	-0.82	0.06
Other Liab	0.41	-0.39	-0.06	-0.12	0.41	0.56	-0.53	0.31	0.88	0.0	-0.15	-0.08	0.29	0.18	-0.01	0.24	0.41	0.28	-0.41	-0.45	0.24	0.26		0.49	0.02	0.05
Accounts Payable	0.94	-0.23	0.13	0.26	0.91	0.91	-0.34	0.81	0.61	0.38	-0.49	-0.23	0.08	0.46	0.36	0.66	0.94	0.77	-0.47	-0.3	0.75	0.72	0.49		-0.32	-0.29
Long Term Debt	-0.6	-0.64	0.03	-0.1	-0.6	-0.4	-0.56	-0.33	0.0	-0.02	-0.28	-0.5	-0.39	-0.8	0.03	-0.59	-0.6	-0.14	-0.52	-0.59	-0.79	-0.82	0.02	-0.32		-0.26
Short Term Investments	-0.15	0.05	-0.66	-0.88	-0.07	-0.05	0.04	-0.58	0.01	-0.91	0.6	0.92	0.72	0.27	-0.92	0.09	-0.16	-0.61	0.62	0.1	0.0	0.06	0.05	-0.29	-0.26

Click cells to compare fundamentals

First Commonwealth Account Relationship Matchups

First Commonwealth fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.3B	9.1B	9.5B	9.8B	11.5B	6.4B
Short Long Term Debt Total	436.0M	350.6M	320.6M	553.9M	833.9M	886.7M
Other Current Liab	(201.9M)	(117.4M)	(138.3M)	(372.7M)	4.1B	4.3B
Total Current Liabilities	201.9M	117.4M	138.3M	285M	4.7B	4.9B
Total Stockholder Equity	1.1B	1.1B	1.1B	1.1B	1.3B	675.3M
Property Plant And Equipment Net	137.3M	125.5M	120.8M	115.1M	121.0M	71.5M
Net Debt	314.2M	(6.0M)	(74.8M)	399.7M	686.9M	765.2M
Retained Earnings	577.3M	596.6M	691.3M	774.9M	881.1M	925.2M
Cash	121.9M	356.6M	395.4M	154.2M	147.0M	121.5M
Non Current Assets Total	1.7B	1.6B	2.0B	1.7B	12.9B	13.5B
Non Currrent Assets Other	(31.3M)	(40.0M)	(39.4M)	(77.8M)	(2.1B)	(2.0B)
Other Assets	5.6B	6.2B	6.1B	7.2B	(1.7B)	(1.6B)
Cash And Short Term Investments	1.0B	1.2B	1.4B	916.9M	147.0M	139.6M
Common Stock Shares Outstanding	98.6M	97.8M	95.8M	93.9M	101.8M	84.5M
Liabilities And Stockholders Equity	8.3B	9.1B	9.5B	9.8B	11.5B	6.4B
Non Current Liabilities Total	234.2M	233.3M	182.3M	285M	5.5B	5.8B
Other Stockholder Equity	358.8M	340.9M	313.0M	301.0M	421.3M	221.0M
Total Liab	7.3B	8.0B	8.4B	8.8B	10.2B	5.7B
Property Plant And Equipment Gross	137.3M	125.5M	291.1M	294.9M	312.3M	327.9M
Total Current Assets	1.0B	1.2B	1.4B	916.9M	294.4M	279.7M
Short Term Debt	201.9M	117.4M	138.3M	372.7M	604.4M	538.6M
Accumulated Other Comprehensive Income	5.6M	17.2M	(8.8M)	(137.7M)	(111.8M)	(106.2M)
Other Liab	65.1M	210.2M	132.6M	59.8M	68.7M	65.2M
Accounts Payable	6.7B	7.4B	8.0B	8.0B	9.2B	5.3B
Long Term Debt	234.2M	233.3M	182.3M	181.2M	181.9M	270.8M
Short Term Investments	919.1M	843.5M	1.1B	789.1M	(1.3B)	(1.3B)
Inventory	2.2M	1.8M	1.0M	534K	614.1K	583.4K
Treasury Stock	(130.9M)	(134.9M)	(153.8M)	(183.2M)	(164.8M)	(156.6M)
Property Plant Equipment	139.5M	126.7M	121.4M	115.1M	132.4M	86.0M
Other Current Assets	124.1M	357.8M	396.0M	154.8M	147.4M	140.0M
Intangible Assets	16.4M	13.5M	11.2M	9.2M	22.8M	24.0M
Net Tangible Assets	736.0M	751.8M	794.9M	742.6M	853.9M	707.5M
Retained Earnings Total Equity	511.4M	577.3M	596.6M	691.3M	794.9M	490.2M
Long Term Debt Total	234.2M	233.3M	182.3M	181.2M	163.1M	142.1M
Capital Surpluse	493.7M	494.7M	496.1M	497.4M	572.0M	471.1M
Long Term Investments	6.5B	7.1B	1.6B	1.3B	1.5B	1.4B
Non Current Liabilities Other	48.0M	139.5M	210.2M	132.6M	152.5M	90.2M

Currently Active Assets on Macroaxis

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America
S	SentinelOne
WD	Walker Dunlop

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:

How To Invest In First

Details

Is First Stock a good investment?

Details

What is First Commonwealth's Net Worth?

Details

Largest Regional Banks Companies

View

Largest Banks - Regional Companies

View

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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

First Net Income vs Non Recurring Analysis

Net Income vs Non Recurring

Net Income vs Non Recurring Correlation Analysis

Correlation Coefficient

Net Income

Non Recurring

First Commonwealth fundamental ratios Correlations

First Commonwealth Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Commonwealth fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Non Current Assets Total
Common Stock	+ 0.99	Common Stock Total Equity
Total Stockholder Equity	+ 0.98	Total Assets
Net Debt	+ 0.98	Short Long Term Debt Total
Short Term Debt	+ 0.98	Short Long Term Debt Total

Short Term Investments	- 0.92	Non Current Liabilities Total
Short Term Investments	- 0.91	Non Current Assets Total
Short Term Investments	- 0.88	Total Current Liabilities
Non Current Liabilities Total	- 0.83	Other Assets
Long Term Debt	- 0.82	Common Stock
Other Assets	- 0.82	Non Current Assets Total