First Commonwealth Financial Corporation Authorizes $25 Million Share Repurchase Program
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 01 2025
0mins
Should l Buy FCF?
Source: Globenewswire
- Repurchase Program Initiation: First Commonwealth Financial Corporation's Board of Directors has authorized a new $25 million share repurchase program aimed at enhancing shareholder value and boosting market confidence.
- Completion of Previous Buyback: In Q4 2025, the company successfully completed its previously announced $25 million stock repurchase, acquiring 1,560,477 shares at an average price of $16.02, demonstrating confidence in its stock.
- Compliance Measures: The new repurchase program will be executed through various methods compliant with federal securities laws, including Rule 10b5-1 plans and open market purchases, ensuring transparency and adherence to regulations.
- Market Flexibility: The company retains the right to suspend or discontinue the repurchase program at any time, providing flexibility to adjust its strategy based on market conditions and optimize capital allocation.
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Analyst Views on FCF
Wall Street analysts forecast FCF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FCF is 20.00 USD with a low forecast of 19.00 USD and a high forecast of 21.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 18.880
Low
19.00
Averages
20.00
High
21.00
Current: 18.880
Low
19.00
Averages
20.00
High
21.00
About FCF
First Commonwealth Financial Corporation is a financial holding company. The Company’s operating subsidiaries include First Commonwealth Bank (the Bank), First Commonwealth Insurance Agency, Inc. (FCIA) and FRAMAL. It provides a diversified array of consumer and commercial banking services through its subsidiary, FCB. It also provides trust and wealth management services through FCB and offers insurance products through FCIA. Its consumer services include Internet, mobile and telephone banking, an automated teller machine network, personal checking accounts, savings accounts, health savings accounts, insured money market accounts, debit cards, investment certificates, mortgage loans, and others. The Bank operates through approximately 127 community banking offices in 30 counties throughout western and central Pennsylvania and throughout Ohio, as well as commercial lending operations in Pittsburgh and Harrisburg, Pennsylvania, and Canton, Cleveland, Columbus and Cincinnati, Ohio.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Core Earnings Performance: First Commonwealth reported a core EPS of $0.43 for Q4, exceeding market expectations, while the net interest margin expanded to 3.98% and core ROA reached 1.45%, indicating enhanced profitability in a favorable interest rate environment.
- Loan and Deposit Growth: The company achieved an annualized loan growth rate of 8.2% and a deposit growth of 6.1% in 2025, driven by healthy commercial loan volumes and lower deposit costs, reflecting its competitive position in the market.
- Strategic Loan Sale: The designation of a $225 million commercial loan portfolio as held for sale represents a strategic exit from the Philadelphia market, expected to improve liquidity and capital ratios while potentially impacting future net interest income growth.
- Share Buyback Program: As of December 31, 2025, the remaining share repurchase capacity was $22.7 million, with an additional $25 million authorized by the Board, demonstrating the company's focus on capital deployment and confidence in future growth.
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- Earnings Beat: First Commonwealth Financial reported a Q4 non-GAAP EPS of $0.43, exceeding expectations by $0.01, indicating robust profitability and boosting investor confidence.
- Significant Revenue Growth: The company achieved $137 million in revenue for Q4, a 13.4% year-over-year increase that not only surpassed market expectations by $1.44 million but also reflects strong business expansion and market demand, solidifying its market position.
- Share Buyback Announcement: First Commonwealth Financial announced a $25 million share buyback plan aimed at enhancing EPS and shareholder returns, demonstrating the company's confidence in future growth and commitment to shareholder value.
- Upgrade Anticipation: With improved earnings, market attention on First Commonwealth Financial is increasing, and analysts are likely to upgrade their ratings on the company, potentially attracting more investor interest.
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- Financial Performance: The company reported a Q4 EPS of $0.43, indicating its earnings per share for the fourth quarter.
- Commonwealth Financial: The report pertains to Commonwealth Financial, highlighting its financial results for the specified quarter.
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- Stock Performance: First Commonwealth Financial (FCF) closed at $18.08, with a 4.99% increase over the past 30 days, indicating positive short-term momentum despite a slight 0.17% decline in one-day returns.
- Long-Term Returns: The company has achieved a total shareholder return of 13.68% over the past year and an impressive 78.38% over five years, demonstrating substantial gains for long-term holders even amid short-term sentiment fluctuations.
- Valuation Analysis: With a current price of $18.08 and a target price of $19.20, the 6.01% gap suggests potential undervaluation, especially given the intrinsic value estimate indicating a 50.76% discount.
- Market Outlook: The company is positioned to capitalize on population migration and economic expansion through robust organic loan growth across various business lines and successful integration of acquisitions like CenterBank, supporting sustainable future revenue and balance sheet growth.
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- Earnings Call Announcement: First Commonwealth Financial Corporation will host a conference call on January 28, 2026, at 2:00 PM ET to discuss its financial results for the quarter ending December 31, 2025, which is expected to provide key financial metrics to guide investor decisions.
- Executive Participation: The call will be led by CEO T. Michael Price and will include several executives such as CFO James Reske, demonstrating the company's commitment to financial transparency and stakeholder engagement.
- Market Reaction Anticipation: The earnings report will be released after market close on January 27, 2026, and investors will closely monitor performance to assess the company's standing in the competitive financial services market.
- Investor Interaction Opportunity: Participants can submit questions via email, and a recording will be available post-call, enhancing interaction between investors and the company, thereby increasing transparency and trust.
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- Repurchase Program Initiation: First Commonwealth Financial Corporation's Board of Directors has authorized a new $25 million share repurchase program aimed at enhancing shareholder value and boosting market confidence.
- Completion of Previous Buyback: In Q4 2025, the company successfully completed its previously announced $25 million stock repurchase, acquiring 1,560,477 shares at an average price of $16.02, demonstrating confidence in its stock.
- Compliance Measures: The new repurchase program will be executed through various methods compliant with federal securities laws, including Rule 10b5-1 plans and open market purchases, ensuring transparency and adherence to regulations.
- Market Flexibility: The company retains the right to suspend or discontinue the repurchase program at any time, providing flexibility to adjust its strategy based on market conditions and optimize capital allocation.
See More








