First Commonwealth Financial (FCF) Financial Statements & Analysis

First Commonwealth Financial (FCF) Income Statement

First Commonwealth Financial reported revenue of $485.53M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 8.3% from $448.50M a year earlier. Net income was $152.30M, up 6.8% year over year, a net margin of 31.4%. Gross margin was 101.6% and operating margin 40.9%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $66.99M, down 43.4% from the same quarter a year earlier.

First Commonwealth Financial Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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First Commonwealth Financial Corporation income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	485.53	448.50	626.61	428.66	386.37	395.69	410.75	380.89	330.88
Cost of Revenue	236.32	250.74	159.14	38.84	13.92	89.66	69.94	52.57	26.86
Gross Profit	493.12	448.95	467.47	389.82	386.67	306.03	340.81	328.33	304.02
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	79.19	75.28	154.84	133.93	61.22	129.76	128.40	121.55	121.71
Operating Expenses	294.76	270.75	269.92	229.64	213.86	215.83	209.97	195.56	200.30
Operating Income	198.36	178.21	197.56	160.19	172.82	90.20	130.85	132.77	103.73
Other Income/Expense
Interest Income	630.67	598.41	526.99	329.08	293.32	300.52	325.26	292.26	250.55
Interest Expense	206.60	221.57	144.32	17.73	15.30	32.94	55.40	40.04	21.77
Other Income/Expense	-7.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	191.36	178.21	197.56	160.19	172.82	90.20	130.85	132.77	103.73
Income Tax Expense	39.06	35.64	40.49	32.00	34.56	16.76	25.52	25.27	48.56
Net Income	152.30	142.57	157.06	128.18	138.26	73.45	105.33	107.50	55.17
Net Income - Continuous Operations	152.30	142.57	157.06	128.18	138.26	73.45	105.33	107.50	55.17
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	6.63	5.69	201.66	170.74	11.44	101.86	141.22	140.82	112.72
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	6.32	5.69	4.10	10.55	3.50	11.65	10.37	8.05	9.00
Earnings Per Share
Basic EPS	1.00	1.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00
Diluted EPS	1.00	1.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00
Basic Shares Outstanding	103.22	101.91	101.56	93.61	95.58	96.13	98.32	99.04	97.46
Diluted Shares Outstanding	103.52	102.21	101.82	93.89	95.84	97.76	98.59	99.54	97.46

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About First Commonwealth Financial Financial Statements

What was First Commonwealth Financial's revenue in fiscal 2025?

First Commonwealth Financial reported revenue of $485.53M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 8.3% from $448.50M a year earlier.

Is First Commonwealth Financial profitable?

Yes. First Commonwealth Financial earned net income of $152.30M in fiscal 2025, a net margin of 31.4%. In fiscal 2024 it earned $142.57M.

What is First Commonwealth Financial's operating margin?

First Commonwealth Financial's operating income was $198.36M on revenue of $485.53M in fiscal 2025, an operating margin of 40.9%, compared with 39.7% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition