First Commonwealth Financial Reports Q3 Earnings and Announces $25 Million Share Buyback
First Commonwealth Financial Corporation (FCF) reported core earnings per share of $0.45 for the third quarter. The results were bolstered by $4.7 million in one-time energy tax credits, despite a provision expense totaling $14.2 million. Looking ahead, management provided guidance on Net Interest Margin (NIM), outlining a 4.20% NIM for the fourth quarter and projecting margins in the mid-4.20% range by 2027. Additionally, the company has authorized a new $25 million share buyback program to return value to shareholders.
Tickers: $FCF
Topics: earnings per share financial results provision expense tax credits
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Part of the story Citizens Financial Services Reports Growth in Net Income and Interest Income for Q3 2026 (63 articles)