First Commonwealth Net Worth

First Commonwealth Net Worth Breakdown

  FCF
The net worth of First Commonwealth Financial is the difference between its total assets and liabilities. First Commonwealth's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of First Commonwealth's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. First Commonwealth's net worth can be used as a measure of its financial health and stability which can help investors to decide if First Commonwealth is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in First Commonwealth Financial stock.

First Commonwealth Net Worth Analysis

First Commonwealth's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including First Commonwealth's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of First Commonwealth's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform First Commonwealth's net worth analysis. One common approach is to calculate First Commonwealth's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares First Commonwealth's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing First Commonwealth's net worth. This approach calculates the present value of First Commonwealth's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of First Commonwealth's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate First Commonwealth's net worth. This involves comparing First Commonwealth's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into First Commonwealth's net worth relative to its peers.

Enterprise Value

1.43 Billion

To determine if First Commonwealth is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding First Commonwealth's net worth research are outlined below:
First Commonwealth has a poor financial position based on the latest SEC disclosures
Over 76.0% of the company shares are owned by institutional investors
Latest headline from thelincolnianonline.com: Rockland Trust Co. Sells 78 Shares of Dover Co.

First Commonwealth Quarterly Good Will

363.71 Million

First Commonwealth uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in First Commonwealth Financial. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to First Commonwealth's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
30th of January 2024
Upcoming Quarterly Report
View
23rd of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
30th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

First Commonwealth Target Price Consensus

First target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. First Commonwealth's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   6  Buy
Most First analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand First stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of First Commonwealth, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

First Commonwealth Target Price Projection

First Commonwealth's current and average target prices are 16.44 and 20.30, respectively. The current price of First Commonwealth is the price at which First Commonwealth Financial is currently trading. On the other hand, First Commonwealth's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

First Commonwealth Market Quote on 23rd of January 2025

Low Price16.44Odds
High Price16.44Odds

16.44

Target Price

Analyst Consensus On First Commonwealth Target Price

Low Estimate18.47Odds
High Estimate22.53Odds

20.3

Historical Lowest Forecast  18.47 Target Price  20.3 Highest Forecast  22.53
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on First Commonwealth Financial and the information provided on this page.

Know First Commonwealth's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as First Commonwealth is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Commonwealth Financial backward and forwards among themselves. First Commonwealth's institutional investor refers to the entity that pools money to purchase First Commonwealth's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Northern Trust Corp2024-09-30
1.3 M
Waldron, Lp2024-09-30
1.2 M
Bank Of New York Mellon Corp2024-09-30
1.1 M
First Trust Advisors L.p.2024-09-30
1.1 M
Goldman Sachs Group Inc2024-09-30
M
First Commonwealth Financial Corp2024-09-30
925.6 K
Amvescap Plc.2024-09-30
848.1 K
Jpmorgan Chase & Co2024-09-30
632.4 K
Thrivent Financial For Lutherans2024-09-30
612.8 K
Blackrock Inc2024-09-30
15 M
Vanguard Group Inc2024-09-30
11.8 M
Note, although First Commonwealth's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow First Commonwealth's market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 1.69 B.

Market Cap

775.22 Million

Project First Commonwealth's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.01 
Return On Capital Employed 0.04  0.04 
Return On Assets 0.02  0.01 
Return On Equity 0.14  0.10 
The company has Net Profit Margin of 0.33 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.41 %, which entails that for every 100 dollars of revenue, it generated $0.41 of operating income.
When accessing First Commonwealth's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures First Commonwealth's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of First Commonwealth's profitability and make more informed investment decisions.

Evaluate First Commonwealth's management efficiency

First Commonwealth 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 Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The First Commonwealth's current Intangible Assets is estimated to increase to about 27.6 M, while Total Current Assets are projected to decrease to roughly 321.6 M.
Last ReportedProjected for Next Year
Book Value Per Share 11.65  6.16 
Tangible Book Value Per Share 8.22  4.93 
Enterprise Value Over EBITDA 9.11  8.65 
Price Book Value Ratio 1.38  1.71 
Enterprise Value Multiple 9.11  8.65 
Price Fair Value 1.38  1.71 
Enterprise ValueB1.4 B
First Commonwealth showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Enterprise Value Revenue
4.9583
Revenue
456.5 M
Quarterly Revenue Growth
(0.05)
Revenue Per Share
4.475
Return On Equity
0.1144
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific First Commonwealth insiders, such as employees or executives, is commonly permitted as long as it does not rely on First Commonwealth's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases First Commonwealth insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

First Commonwealth Corporate Filings

F3
7th of January 2025
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
ASR
20th of December 2024
Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC)
ViewVerify
8K
18th of December 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13th of November 2024
Other Reports
ViewVerify
First Commonwealth time-series forecasting models is one of many First Commonwealth's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary First Commonwealth's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

First Commonwealth Earnings Estimation Breakdown

The calculation of First Commonwealth's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of First Commonwealth is estimated to be 0.35 with the future projection ranging from a low of 0.345 to a high of 0.3525. Please be aware that this consensus of annual earnings estimates for First Commonwealth Financial is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.31
0.34
Lowest
Expected EPS
0.35
0.35
Highest

First Commonwealth Earnings Projection Consensus

Suppose the current estimates of First Commonwealth's value are higher than the current market price of the First Commonwealth stock. In this case, investors may conclude that First Commonwealth is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and First Commonwealth's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2024Current EPS (TTM)
691.35%
0.31
0.35
1.48

First Commonwealth Earnings History

Earnings estimate consensus by First Commonwealth analysts from Wall Street is used by the market to judge First Commonwealth's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only First Commonwealth's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

First Commonwealth Quarterly Gross Profit

121.21 Million

At this time, First Commonwealth's Price Earnings To Growth Ratio is most likely to slightly decrease in the upcoming years. The First Commonwealth's current Net Income Applicable To Common Shares is estimated to increase to about 154.8 M, while Common Stock Shares Outstanding is projected to decrease to roughly 84.5 M.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Commonwealth's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
13.7516.4319.11
Details
Intrinsic
Valuation
LowRealHigh
15.9918.6721.35
Details
Naive
Forecast
LowNextHigh
13.7016.3819.06
Details
6 Analysts
Consensus
LowTargetHigh
18.4720.3022.53
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of First assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards First Commonwealth. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving First Commonwealth's stock price in the short term.

First Commonwealth Earnings per Share Projection vs Actual

Actual Earning per Share of First Commonwealth refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering First Commonwealth Financial predict the company's earnings will be in the future. The higher the earnings per share of First Commonwealth, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

First Commonwealth Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as First Commonwealth, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of First Commonwealth should always be considered in relation to other companies to make a more educated investment decision.

First Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact First Commonwealth's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-10-29
2024-09-300.360.31-0.0513 
2024-07-23
2024-06-300.350.360.01
2024-04-23
2024-03-310.360.370.01
2024-01-30
2023-12-310.390.440.0512 
2023-10-24
2023-09-300.40.38-0.02
2023-07-25
2023-06-300.410.420.01
2023-04-25
2023-03-310.390.3-0.0923 
2023-01-24
2022-12-310.430.38-0.0511 
2022-10-25
2022-09-300.380.37-0.01
2022-07-26
2022-06-300.330.330.0
2022-04-26
2022-03-310.30.29-0.01
2022-01-25
2021-12-310.330.370.0412 
2021-10-26
2021-09-300.320.360.0412 
2021-07-27
2021-06-300.330.31-0.02
2021-04-27
2021-03-310.290.410.1241 
2021-01-26
2020-12-310.230.270.0417 
2020-10-27
2020-09-300.230.240.01
2020-07-28
2020-06-300.090.240.15166 
2020-04-28
2020-03-310.190.05-0.1473 
2020-01-28
2019-12-310.280.27-0.01
2019-10-29
2019-09-300.280.30.02
2019-07-23
2019-06-300.270.280.01
2019-04-23
2019-03-310.260.25-0.01
2019-01-29
2018-12-310.270.270.0
2018-10-23
2018-09-300.280.25-0.0310 
2018-07-24
2018-06-300.250.330.0832 
2018-04-24
2018-03-310.240.240.0
2018-01-23
2017-12-310.210.210.0
2017-10-25
2017-09-300.20.220.0210 
2017-07-26
2017-06-300.190.14-0.0526 
2017-04-25
2017-03-310.170.180.01
2017-01-25
2016-12-310.170.20.0317 
2016-10-26
2016-09-300.170.190.0211 
2016-07-27
2016-06-300.160.14-0.0212 
2016-04-26
2016-03-310.150.14-0.01
2016-01-27
2015-12-310.160.11-0.0531 
2015-10-28
2015-09-300.160.14-0.0212 
2015-07-29
2015-06-300.150.150.0
2015-04-28
2015-03-310.150.160.01
2015-01-28
2014-12-310.150.08-0.0746 
2014-10-29
2014-09-300.140.13-0.01
2014-07-23
2014-06-300.130.130.0
2014-04-22
2014-03-310.120.130.01
2014-01-29
2013-12-310.080.10.0225 
2013-10-23
2013-09-300.110.160.0545 
2013-07-24
2013-06-300.120.06-0.0650 
2013-04-23
2013-03-310.110.110.0
2013-01-30
2012-12-310.110.09-0.0218 
2012-10-24
2012-09-300.120.1-0.0216 
2012-07-25
2012-06-300.10.120.0220 
2012-04-24
2012-03-310.090.110.0222 
2012-01-25
2011-12-310.09-0.05-0.14155 
2011-10-27
2011-09-300.080.080.0
2011-07-27
2011-06-300.090.07-0.0222 
2011-04-20
2011-03-310.080.07-0.0112 
2011-01-27
2010-12-310.110.110.0
2010-10-28
2010-09-300.090.110.0222 
2010-07-29
2010-06-300.050.150.1200 
2010-04-21
2010-03-310.05-0.15-0.2400 
2009-10-22
2009-09-300.07-0.04-0.11157 
2009-07-27
2009-06-300.09-0.22-0.31344 
2009-04-23
2009-03-310.150.02-0.1386 
2009-01-26
2008-12-310.160.11-0.0531 
2008-10-23
2008-09-300.180.14-0.0422 
2008-07-17
2008-06-300.160.180.0212 
2008-04-17
2008-03-310.150.150.0
2008-01-23
2007-12-310.150.160.01
2007-10-18
2007-09-300.150.170.0213 
2007-07-19
2007-06-300.150.160.01
2007-04-19
2007-03-310.170.15-0.0211 
2007-01-24
2006-12-310.190.17-0.0210 
2006-10-19
2006-09-300.190.220.0315 
2006-07-21
2006-06-300.190.17-0.0210 
2006-04-20
2006-03-310.20.19-0.01
2006-01-25
2005-12-310.20.20.0
2005-10-20
2005-09-300.210.210.0
2005-07-21
2005-06-300.220.21-0.01
2005-04-21
2005-03-310.230.22-0.01
2005-01-20
2004-12-310.240.240.0
2004-10-21
2004-09-300.210.230.02
2004-07-22
2004-06-300.20.18-0.0210 
2004-04-15
2004-03-310.210.220.01
2004-01-22
2003-12-310.20.210.01
2003-10-23
2003-09-300.20.230.0315 
2003-07-17
2003-06-300.220.230.01
2003-04-17
2003-03-310.220.21-0.01
2003-01-23
2002-12-310.230.22-0.01
2002-10-17
2002-09-300.230.230.0
2002-07-18
2002-06-300.230.19-0.0417 
2002-04-18
2002-03-310.220.220.0
2002-01-22
2001-12-310.210.230.02
2001-10-18
2001-09-300.210.220.01
2001-07-19
2001-06-300.210.210.0
2001-04-18
2001-03-310.20.210.01
2001-01-22
2000-12-310.210.19-0.02
2000-10-12
2000-09-300.220.2-0.02
2000-07-13
2000-06-300.220.230.01
2000-06-21
2000-03-310.20.19-0.01
1999-10-15
1999-09-300.210.230.02
1999-07-15
1999-06-300.20.20.0
1999-04-16
1999-03-310.190.20.01
1999-03-12
1998-12-310.170.02-0.1588 
1998-07-17
1998-06-300.180.190.01
1998-04-17
1998-03-310.170.180.01
1998-01-22
1997-12-310.170.16-0.01
1997-10-20
1997-09-300.170.20.0317 
1997-07-23
1997-06-300.160.170.01
1997-04-29
1997-03-310.160.180.0212 
1997-01-17
1996-12-310.160.180.0212 
1996-10-18
1996-09-300.160.170.01
1996-07-18
1996-06-300.160.160.0

First Commonwealth Corporate Directors

Johnston GlassIndependent DirectorProfile
Ray CharleyIndependent DirectorProfile
Julie CaponiIndependent DirectorProfile
Aradhna OliphantIndependent DirectorProfile
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 CEOs Directory module to screen CEOs from public companies around the world.
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.