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First Commonwealth Financial: Q3 Earnings Snapshot

First Commonwealth Financial: Q3 Earnings Snapshot

By AP News
Published - Oct 29, 2024, 05:11 PM ET
Last Updated - Dec 16, 2024, 05:52 PM EST

INDIANA, Pa. (AP) — INDIANA, Pa. (AP) — First Commonwealth Financial Corp. (FCF) on Tuesday reported third-quarter earnings of $32.1 million.

The Indiana, Pennsylvania-based bank said it had earnings of 31 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share.

The financial holding company posted revenue of $179 million in the period. Its revenue net of interest expense was $121.2 million, which beat Street forecasts. Three analysts surveyed by Zacks expected $118.4 million.

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