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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	542.95	541.29	490.71	302.21	267.6	275.19
Interest Income on Investments	59.18	59.18	39.29	27.75	26.24	26.02
Total Interest Income	602.13	600.46	530	329.95	293.84	301.21
Interest Paid on Deposits	189.48	191.03	112.41	6.71	5.75	21.97
Interest Paid on Borrowings	30.54	30.54	31.92	11.02	9.55	10.97
Total Interest Expense	220.02	221.57	144.32	17.73	15.3	32.94
Net Interest Income	382.11	378.89	385.68	312.22	278.54	268.27
Net Interest Income Growth (YoY)	-0.39%	-1.76%	23.53%	12.09%	3.83%	-0.59%
Trust Income	12.12	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	-10.59	-5.45	-0.1	0	0.02	0.07
Other Non-Interest Income	59.34	55.43	54.06	57.24	55.96	45.33
Total Non-Interest Income	97.22	98.78	96.41	98.37	106.45	93.8
Non-Interest Income Growth (YoY)	-0.11%	2.46%	-1.99%	-7.60%	13.49%	11.98%
Revenues Before Loan Losses	479.33	477.67	482.08	410.59	385	362.07
Provision for Loan Losses	30.67	29.17	14.81	21.11	-1.38	56.72
Revenue	448.66	448.5	467.27	389.48	386.37	305.35
Revenue Growth (YoY)	-4.52%	-4.02%	19.97%	0.80%	26.53%	-9.95%
Salaries and Employee Benefits	149.48	144.39	139.07	122.33	116.41	116.06
Occupancy Expenses	20.18	19.78	19.22	18.04	16.59	17.65
Federal Deposit Insurance	5.74	5.97	6.26	2.87	2.53	2.7
Amortization of Goodwill & Intangibles	4.89	5.02	4.98	3.2	3.5	3.69
Selling, General & Administrative	49.14	49	47.75	43.13	40.6	37.4
Other Non-Interest Expense	41.7	41.14	38.75	35.2	31.61	29.27
Total Non-Interest Expense	271.13	265.31	256.04	224.76	211.23	206.77
EBT Excluding Unusual Items	177.54	183.19	211.23	164.72	175.14	98.58
Legal Settlements	-4.39	-4.59	-4.64	-2.83	-2.32	-1.41
Other Unusual Items	-	-	-	-	-	-0.87
Pretax Income	172.77	178.21	197.56	160.19	172.82	90.2
Income Tax Expense	35.05	35.64	40.49	32	34.56	16.76
Net Income	137.72	142.57	157.06	128.18	138.26	73.45
Net Income to Common	137.72	142.57	157.06	128.18	138.26	73.45
Net Income Growth	-16.22%	-9.23%	22.53%	-7.29%	88.24%	-30.27%
Basic Shares Outstanding	102	102	102	94	96	97
Diluted Shares Outstanding	102	102	102	94	96	98
Shares Change (YoY)	-0.30%	0.38%	8.45%	-2.04%	-1.96%	-0.84%
EPS (Basic)	1.35	1.40	1.55	1.37	1.45	0.75
EPS (Diluted)	1.34	1.39	1.54	1.37	1.44	0.75
EPS Growth	-16.66%	-9.74%	12.47%	-4.91%	92.00%	-29.91%
Dividend Per Share	0.525	0.520	0.500	0.480	0.460	0.440
Dividend Growth	3.96%	4.00%	4.17%	4.35%	4.54%	7.32%
Effective Tax Rate	20.29%	20.00%	20.50%	19.98%	20.00%	18.58%

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