• Reported GAAP EPS of $0.43 up 22.86% YoY • Reported revenue of $137.92M up 14.53% YoY • First Commonwealth authorized an additional $25.0 million of share repurchase authority in January 2026, building on repurchases of 1,451,296 shares in Q4 2025, demonstrating commitment to shareholder returns.
Bullish
First Commonwealth achieved increased net income and EPS, strong loan and deposit growth, and expanded net interest margin, while maintaining robust capital levels and improving its core efficiency ratio.
Bearish
First Commonwealth saw increased nonperforming and criticized loans, higher noninterest expenses, and a decline in noninterest income, partly due to the Durbin amendment, alongside a decrease in end-of-period deposits.