tiprankstipranks
First Commonwealth Reports Mixed Q3 2024 Financial Results
Company Announcements

First Commonwealth Reports Mixed Q3 2024 Financial Results

Pick the best stocks and maximize your portfolio:

The latest announcement is out from First Commonwealth ( (FCF) ).

First Commonwealth Financial Corporation reported third-quarter 2024 earnings with a net income of $32.1 million and a diluted earnings per share of $0.31, reflecting a decrease from the prior quarter and the same period last year. Despite a $33.4 million drop in total loans, the company saw a significant rise in deposits, which grew by $336.6 million, or 14.2% on an annualized basis. A cash dividend of $0.13 per share was also declared, appealing to investors seeking steady returns amidst shifting loan and deposit dynamics.

See more data about FCF stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyFirst Commonwealth files automatic mixed securities shelf
TheFlyFirst Commonwealth tot acquire CenterGroup Financial in all-stock transaction
TheFlyFirst Commonwealth names Linda Metzmaier Chief Risk Officer, effective Jan. 1
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App