Daniel Tamayo

Karl Shepard

Manuel Navas

Matthew Breese

Kelly Motta

Frank Schiraldi

Charlie Driscoll

Dan Cardenas

Daniel Cardenas

- First Commonwealth Financial Corporation (FCF) reported strong Q3 2025 financial performance, with **return on assets improving to 1.34%** and **net interest margin expanding 9 basis points to 3.92%**.  **[0000712537_2212211_1]** 
- The company achieved **4% growth in average deposits** and a **7 basis point decline in the cost of deposits to 1.84%**, alongside a **5.7% increase in loans**.  **[0000712537_2212211_1]** 
- Credit quality improved, with **non-performing loans declining to 0.91%**  **[0000712537_2212211_1]** , despite **$5.5 million in charge-offs** from a dealer floor plan fraud and **$2.8 million** from the sale of acquired Center Bank loans.  **[0000712537_2212211_1]**  The remaining **$16 million** floor plan exposure is expected to be largely resolved by year-end.  **[0000712537_2212211_3]** 
- FCF repurchased approximately **625,000 shares** at an average price of **$16.81** in Q3 2025, with **$20.7 million** remaining in share repurchase authorization for the rest of 2025.  **[0000712537_2212211_2]** 
- Management anticipates **near-term net interest margin pressure of approximately 5 basis points** in Q4 2025 due to expected Fed rate cuts, but projects a recovery to roughly **3.9% in 2026**.  **[0000712537_2212211_2]** **[0000712537_2212211_6]**  Expenses are expected to grow by about **3% next year**.  **[0000712537_2212211_2]**

First Commonwealth Financial Corporation Reports Strong Q3 2025 Financial Results

- FCF reported **Core EPS of $0.39** for Q3 2025, an increase of **$0.01** from the previous quarter.  **[0000712537_2214097:4]** 
- The net interest margin for Q3 2025 was **3.92%**, marking a **9 basis point increase** from the previous quarter.  **[0000712537_2214097:4]** **[0000712537_2214097:5]** 
- Total loans increased by **$183.7 million**, or **5.7% annualized**, and average deposits grew by **$102.7 million**, or **4.0% annualized**, from the previous quarter.  **[0000712537_2214097:4]** 
- Provision expense was **$11.3 million**, a **$2.4 million increase** from the previous quarter (excluding Day-1 non-PCD provision), and net charge-offs increased by **$9.5 million** to **$12.2 million**.  **[0000712537_2214097:4]** **[0000712537_2214097:10]** 
- The company repurchased **625,483 shares** with an aggregate value of **$10.5 million** during the quarter.  **[0000712537_2214097:4]**

FCF Reports Strong Q3 2025 Earnings with Increased EPS and Net Interest Margin

- First Commonwealth Financial Corporation reported **net income of $41.3 million** and **diluted earnings per share of $0.39** for the third quarter of 2025, an increase of $7.9 million and $0.07 per share, respectively, from the prior quarter.  **[712537_0000712537-25-000124_fcf-ex991_20251028x8k.htm:0]** **[712537_0000712537-25-000124_fcf-ex991_20251028x8k.htm:1]** 
- The company's **net interest margin (FTE) expanded to 3.92%** in Q3 2025, an increase of **9 basis points** from the previous quarter and **36 basis points** from Q3 2024.  **[712537_0000712537-25-000124_fcf-ex991_20251028x8k.htm:0]** **[712537_0000712537-25-000124_fcf-ex991_20251028x8k.htm:1]** 
- **Provision for credit losses increased to $11.3 million** in Q3 2025, up from $8.9 million in the previous quarter (excluding acquisition Day-1 non-PCD provision), and **net charge-offs totaled $12.2 million**, a significant increase of $9.5 million from the prior quarter.  **[712537_0000712537-25-000124_fcf-ex991_20251028x8k.htm:0]** **[712537_0000712537-25-000124_fcf-ex991_20251028x8k.htm:2]** **[712537_0000712537-25-000124_fcf-ex991_20251028x8k.htm:3]** 
- First Commonwealth declared a common stock quarterly dividend of **$0.135 per share**, representing a **3.9% increase** from Q3 2024, and repurchased **625,483 shares** during the third quarter of 2025.  **[712537_0000712537-25-000124_fcf-ex991_20251028x8k.htm:2]** **[712537_0000712537-25-000124_fcf-ex991_20251028x8k.htm:3]**

First Commonwealth Financial Corp. Announces Strong Q3 2025 Earnings and Dividend Increase

- First Commonwealth Financial Corporation reported **GAAP net income of $41.3 million** and **diluted earnings per share of $0.39** for the third quarter of 2025, an increase from $33.4 million and $0.32 per share in the prior quarter.  **[712537_f623d87225cd4c34872876298b793a68_0]** **[712537_f623d87225cd4c34872876298b793a68_1]** **[712537_f623d87225cd4c34872876298b793a68_3]** 
- The company's **net interest margin (FTE) expanded to 3.92%** in Q3 2025, up 9 basis points from the prior quarter and 36 basis points from Q3 2024, while the **core efficiency ratio improved to 52.3%**.  **[712537_f623d87225cd4c34872876298b793a68_0]** **[712537_f623d87225cd4c34872876298b793a68_2]** **[712537_f623d87225cd4c34872876298b793a68_3]** **[712537_f623d87225cd4c34872876298b793a68_4]** 
- The Board of Directors declared a common stock quarterly dividend of **$0.135 per share**, representing a 3.9% increase from the third quarter of 2024, and the company **repurchased 625,483 shares** during Q3 2025.  **[712537_f623d87225cd4c34872876298b793a68_2]** **[712537_f623d87225cd4c34872876298b793a68_4]** 
- Asset quality showed **nonperforming loans decreasing to $88.7 million** at September 30, 2025, a $10.8 million decrease from the previous quarter, although **net charge-offs increased to $12.2 million**.  **[712537_f623d87225cd4c34872876298b793a68_2]** **[712537_f623d87225cd4c34872876298b793a68_3]** **[712537_f623d87225cd4c34872876298b793a68_4]**

FIRST COMMONWEALTH FINANCIAL CORP /PA/ (FCF)