First Commonwealth Financial Reports Q4 Results, Financial Condition
Ticker: FCF · Form: 8-K · Filed: Jan 30, 2024 · CIK: 712537
| Field | Detail |
|---|---|
| Company | First Commonwealth Financial CORP /Pa/ (FCF) |
| Form Type | 8-K |
| Filed Date | Jan 30, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00, $0.125 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-results, regulation-fd, bank
TL;DR
**FCF just dropped its latest financial results, time to see how the bank's doing!**
AI Summary
First Commonwealth Financial Corporation filed an 8-K on January 30, 2024, to report its results of operations and financial condition, along with a Regulation FD disclosure. This filing, under SEC File Number 001-11138, indicates the company is providing an update on its financial performance. For investors, this matters because it offers a timely look into the bank's health and profitability, which can influence stock price and future dividend decisions.
Why It Matters
This filing provides investors with crucial, up-to-date financial information, allowing them to assess the company's performance and make informed investment decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and does not inherently introduce new risks, but rather provides transparency into existing financial performance.
Analyst Insight
A smart investor would review the full financial statements and disclosures referenced in this 8-K to understand the specifics of First Commonwealth Financial Corporation's performance and financial health before making any investment decisions.
Key Numbers
- 2024-01-30 — Date of Report (The date the earliest event reported in the 8-K occurred, indicating the timeliness of the financial update.)
- 001-11138 — Commission File Number (Unique identifier for First Commonwealth Financial Corporation with the SEC, useful for tracking filings.)
Key Players & Entities
- FIRST COMMONWEALTH FINANCIAL CORP /PA/ (company) — the registrant filing the 8-K
- January 30, 2024 (date) — date of earliest event reported
- 001-11138 (string) — Commission File Number for the registrant
- Pennsylvania (string) — state of incorporation for First Commonwealth Financial Corporation
- 601 Philadelphia Street Indiana, PA 15701 (string) — address of principal executive offices
- 724-349-7220 (string) — registrant's telephone number
- FCF (string) — trading symbol for Common Stock
- New York Stock Exchange (string) — exchange where Common Stock is registered
FAQ
What is the primary purpose of this 8-K filing by First Commonwealth Financial Corporation?
The primary purpose of this 8-K filing, dated January 30, 2024, is to report the company's 'Results of Operations and Financial Condition' and to provide a 'Regulation FD Disclosure'.
What is the trading symbol and exchange for First Commonwealth Financial Corporation's Common Stock?
The Common Stock of First Commonwealth Financial Corporation trades under the symbol 'FCF' on the New York Stock Exchange.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 30, 2024.
What is the business address and phone number of First Commonwealth Financial Corporation as listed in the filing?
The business address is 601 Philadelphia Street, Indiana, PA 15701, and the telephone number is (724) 349-7220.
Is First Commonwealth Financial Corporation considered an 'emerging growth company' according to this filing?
No, the filing indicates with a '☐' that First Commonwealth Financial Corporation is not an 'emerging growth company' as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 505 words · 2 min read · ~2 pages · Grade level 11.6 · Accepted 2024-01-30 17:07:39
Key Financial Figures
- $1.00 — ange on which registered Common Stock, $1.00 par value FCF New York Stock Exchange
- $0.125 — he Company announced a cash dividend of $0.125 per share of the Company's common stock
Filing Documents
- fcf-20240130.htm (8-K) — 27KB
- fcf-ex991_20240130x8k.htm (EX-99.1) — 762KB
- fcfimagea01a.jpg (GRAPHIC) — 34KB
- 0000712537-24-000032.txt ( ) — 1036KB
- fcf-20240130.xsd (EX-101.SCH) — 3KB
- fcf-20240130_def.xml (EX-101.DEF) — 15KB
- fcf-20240130_lab.xml (EX-101.LAB) — 30KB
- fcf-20240130_pre.xml (EX-101.PRE) — 16KB
- fcf-20240130_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On January 30, 2024, First Commonwealth Financial Corporation (the "Company") issued a press release announcing financial results for the three and twelve month periods ended December 31, 2023. A copy of this press release and the related earnings tables are furnished as Exhibit 99.1 to this report and incorporated herein by reference.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On January 30, 2024, the Company announced a cash dividend of $0.125 per share of the Company's common stock. The dividend declaration is included in the press release announcing financial results for the three and twelve month periods ended December 31, 2023. A copy of this press release is furnished as Exhibit 99.1 to this report and incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits Exhibits 99.1 Press Release announcing Fourth Quarter 2023 Financial Results and Declaration of Quarterly Dividend. 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: January 30, 2024 FIRST COMMONWEALTH FINANCIAL CORPORATION By: /s/ James R. Reske Name: James R. Reske Title: Executive Vice President, Chief Financial Officer and Treasurer