First Commonwealth FinancialFCF
About: First Commonwealth Financial Corp functions in the financial services sector in the United States. Through its subsidiary, it offers a range of consumer and commercial banking services such as personal checking accounts, interest-earning checking accounts, savings accounts, insured money market accounts, investment certificates, fixed & variable rate certificates of deposit, and various kinds of loans. It also provides trust and wealth management services and offers insurance products. The company earns the majority of its revenue through net interest income.
Employees: 1,500
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
94% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 18
92% more call options, than puts
Call options by funds: $207K | Put options by funds: $108K
22% more capital invested
Capital invested by funds: $1.07B [Q2] → $1.3B (+$230M) [Q3]
9% more funds holding
Funds holding: 195 [Q2] → 212 (+17) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
1.64% less ownership
Funds ownership: 75.44% [Q2] → 73.8% (-1.64%) [Q3]
21% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 76
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Keefe, Bruyette & Woods Kelly Motta 56% 1-year accuracy 10 / 18 met price target | 7%upside $20 | Market Perform Maintained | 4 Dec 2024 |
Piper Sandler Frank Schiraldi 75% 1-year accuracy 21 / 28 met price target | 14%downside $16 | Neutral Maintained | 31 Oct 2024 |