First (FCF) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

First

NYSE•Financial Services•Banks - Regional

$21.21-0.24(-0.01%)Pre-market

Market Cap

$2.14B

P/E

12.7x

P/S

2.9x

P/B

1.4x

First Commonwealth Financial Corporation, a financial holding company, provides various consumer and commercial banking products and services in the United States. The company's consumer services include internet, mobile, and telephone banking; an automated teller machine network; personal checking accounts, interest-earning checking accounts, savings and health savings accounts, insured money market accounts, debit cards, investment certificates, fixed and variable rate certificates of deposit, mortgage loans, secured and unsecured installment loans, construction and real estate loans, safe deposit facilities, credit cards, credit lines with overdraft checking protection, and IRA accounts. The company also provides commercial banking services comprising commercial lending and leasing, business checking accounts, online account management services, payroll direct deposits, commercial cash management services, and repurchase agreements, as well as ACH origination services. In addition, the company offers various trust and asset management services; auto, home, and business insurance, as well as term life insurance products; and annuities, mutual funds, and stock and bond brokerage services through a broker-dealer and insurance brokers. Further, it provides commercial real estate, residential real estate, real estate construction loans, and loans to individuals, as well as commercial, financial, agricultural, and other loans. The company was founded in 1934 and is headquartered in Indiana, Pennsylvania.

How this company scores

ExcellentMetricSide Score: 86/100

Strongest: Cash & Earnings Quality (24/25); weakest: Balance Sheet & Red Flags (18/25).

Profitability23/25

Growth21/25

Balance Sheet & Red Flags18/25

Cash & Earnings Quality24/25

Strengths

Rising free cash flowStrong marginsRising earningsLow leverage

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 12.7x5y range 8.4x – 12.7x

Currently near its 20-quarter median.

P/S · 2.9x5y range 2.1x – 3.8x

Currently near its 20-quarter median.

P/B · 1.4x5y range 1.0x – 1.4x

Price & Volume

Market Cap $2.14B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $744.33M
Q. Revenue: $186.32M
TTM EBITDA: $218.29M
TTM Op. Income: $211.76M
Q. Op. Income: $56.27M
TTM Net Income: $168.34M
Q. Net Income: $44.59M
EPS: $0.44
Shares Out.: $101.19M

$744.33M in TTM revenue grew 5.2% YoY, reaching $186.32M last quarter. TTM EBITDA of $218.29M and TTM operating income of $211.76M show growth is flowing through to the bottom line. TTM net income of $168.34M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 74.8%
EBITDA Margin: 30.9%
Op. Margin: 30.2%
Net Margin: 23.9%

Op. margin of 30.2% is up 7.3% YoY — cost efficiency is improving. Net margin at 23.9% and gross margin of 74.8% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 32% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 12.7x
P/S Ratio: 2.9x
P/B Ratio: 1.4x

At 12.7x P/E, the stock trades below typical market levels. P/S of 2.9x and P/B of 1.4x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is up 1% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $12.21B
Cash: $179.63M
Long-Term Debt: $125.08M
Book Value: $1.57B
D/E Ratio: 0.1
Debt/EBITDA: 2.2

With $12.21B in assets and $125.08M in long-term debt, D/E is 0.1and book value is $1.57B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 6 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $3.64M
TTM Free Cash Flow: $175.63M
FCF Margin: 23.6%
FCF / Net Income: 1.0

TTM FCF of $175.63M on $3.64M in operating cash flow. The FCF / Net Income ratio of 1.0x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 27% — a weakening trend.