First Commonwealth Financial Corporation (FRA:FCF)

FRA:FCF Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	547.96	541.29	490.71	302.21	267.6	275.19
Interest Income on Investments	62.42	59.18	39.29	27.75	26.24	26.02
Total Interest Income	610.37	600.46	530	329.95	293.84	301.21
Interest Paid on Deposits	196.23	191.03	112.41	6.71	5.75	21.97
Interest Paid on Borrowings	20.78	30.54	31.92	11.02	9.55	10.97
Total Interest Expense	217.01	221.57	144.32	17.73	15.3	32.94
Net Interest Income	393.36	378.89	385.68	312.22	278.54	268.27
Net Interest Income Growth (YoY)	3.30%	-1.76%	23.53%	12.09%	3.83%	-0.59%
Trust Income	12.32	11.82	10.52	10.52	11.11	9.1
Gain (Loss) on Sale of Assets	-0.52	-0.45	-0.2	-0.34	-0.3	-0.68
Gain (Loss) on Sale of Investments	-5.05	-5.45	-0.1	0	0.02	0.07
Other Non-Interest Income	52.12	55.43	54.06	57.24	55.96	45.33
Total Non-Interest Income	96.77	98.78	96.41	98.37	106.45	93.8
Non-Interest Income Growth (YoY)	-1.20%	2.46%	-1.99%	-7.60%	13.49%	11.98%
Revenues Before Loan Losses	490.13	477.67	482.08	410.59	385	362.07
Provision for Loan Losses	35.5	29.17	14.81	21.11	-1.38	56.72
Revenue	454.63	448.5	467.27	389.48	386.37	305.35
Revenue Growth (YoY)	-1.73%	-4.02%	19.97%	0.80%	26.53%	-9.95%
Salaries and Employee Benefits	152.74	144.39	139.07	122.33	116.41	116.06
Occupancy Expenses	20.25	19.78	19.22	18.04	16.59	17.65
Federal Deposit Insurance	6	5.97	6.26	2.87	2.53	2.7
Amortization of Goodwill & Intangibles	5.03	5.02	4.98	3.2	3.5	3.69
Selling, General & Administrative	50.83	49	47.75	43.13	40.6	37.4
Other Non-Interest Expense	42.81	41.14	38.75	35.2	31.61	29.27
Total Non-Interest Expense	277.67	265.31	256.04	224.76	211.23	206.77
EBT Excluding Unusual Items	176.96	183.19	211.23	164.72	175.14	98.58
Legal Settlements	-4.36	-4.59	-4.64	-2.83	-2.32	-1.41
Other Unusual Items	-	-	-	-	-	-0.87
Pretax Income	168.25	178.21	197.56	160.19	172.82	90.2
Income Tax Expense	34.22	35.64	40.49	32	34.56	16.76
Net Income	134.03	142.57	157.06	128.18	138.26	73.45
Net Income to Common	134.03	142.57	157.06	128.18	138.26	73.45
Net Income Growth	-15.54%	-9.23%	22.53%	-7.29%	88.24%	-30.27%
Basic Shares Outstanding	102	102	102	94	96	97
Diluted Shares Outstanding	103	102	102	94	96	98
Shares Change (YoY)	0.22%	0.38%	8.45%	-2.04%	-1.96%	-0.84%
EPS (Basic)	1.31	1.40	1.55	1.37	1.45	0.75
EPS (Diluted)	1.30	1.39	1.54	1.37	1.44	0.75
EPS Growth	-16.11%	-9.74%	12.47%	-4.91%	92.00%	-29.91%
Dividend Per Share	0.530	0.520	0.500	0.480	0.460	0.440
Dividend Growth	3.92%	4.00%	4.17%	4.35%	4.54%	7.32%
Effective Tax Rate	20.34%	20.00%	20.50%	19.98%	20.00%	18.58%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.