First Commonwealth Financial (FCF) financial statements
First Commonwealth Financial reported revenue of $523M in fiscal 2025, up 7.9% a year over 9 years.
Net income was $152M.
Free cash flow was $171M, and the company returned $55M in dividends and $36M in net buybacks.
The diluted share count rose 17% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from First Commonwealth Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $264M | $309M | $341M | $355M | $363M | $385M | $411M | $482M | $478M | $523M |
| Interest expense | $19M | $22M | $40M | $55M | $33M | $15M | $18M | $144M | $222M | $207M |
| Pre-tax income | $85M | $104M | $133M | $131M | $90M | $173M | $160M | $198M | $178M | $191M |
| Income tax | $26M | $49M | $25M | $26M | $17M | $35M | $32M | $40M | $36M | $39M |
| Net income | $60M | $55M | $107M | $105M | $73M | $138M | $128M | $157M | $143M | $152M |
| EPS (diluted) | $0.67 | $0.58 | $1.08 | $1.07 | $0.75 | $1.44 | $1.37 | $1.54 | $1.39 | $1.47 |
| Diluted shares | 89M | 95M | 99M | 99M | 98M | 96M | 94M | 102M | 102M | 104M |
| Net margin | 22.6% | 17.8% | 31.5% | 29.6% | 20.2% | 35.9% | 31.2% | 32.6% | 29.8% | 29.1% |
Balance sheet
Fiscal years, from First Commonwealth Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $116M | $107M | $99M | $122M | $357M | $1.4B | $154M | $147M | $133M | $180M |
| Property, plant and equipment | $68M | $81M | $80M | $137M | $126M | $121M | $115M | $121M | $116M | $114M |
| Goodwill | $186M | $255M | $274M | $303M | $303M | $303M | $303M | $364M | $364M | $378M |
| Total assets | $6.7B | $7.3B | $7.8B | $8.3B | $9.1B | $9.5B | $9.8B | $11.5B | $11.6B | $12.3B |
| Long-term debt | — | — | — | — | — | $182M | $181M | $187M | $263M | $262M |
| Total liabilities | $5.9B | $6.4B | $6.9B | $7.3B | $8.0B | $8.4B | $8.8B | $10.1B | $10.2B | $10.8B |
| Shareholders' equity | $750M | $888M | $975M | $1.1B | $1.1B | $1.1B | $1.1B | $1.3B | $1.4B | $1.6B |
| Net debt | -$116M | -$107M | -$99M | -$122M | -$357M | -$213M | $27M | $40M | $130M | $81M |
Cash flow
Fiscal years, from First Commonwealth Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $89M | $88M | $135M | $108M | $106M | $165M | $151M | $151M | $129M | $188M |
| Capital spending | $7M | $12M | $10M | $17M | $8M | $11M | $11M | $22M | $16M | $16M |
| Free cash flow | $82M | $77M | $126M | $90M | $98M | $154M | $140M | $129M | $114M | $171M |
| Dividends paid | $25M | $31M | $35M | $39M | $43M | $44M | $45M | $51M | $53M | $55M |
| Share buybacks (net) | -$864,000 | -$1M | -$26M | -$6M | -$21M | -$31M | -$16M | -$15M | -$13M | -$36M |
| Net borrowing | -$639M | -$160M | $101M | -$459M | -$84M | $21M | $234M | $52M | -$391M | $65M |
| Free cash flow margin | 31.0% | 24.8% | 36.9% | 25.4% | 27.0% | 40.1% | 34.1% | 26.7% | 23.8% | 32.8% |
| Dividends per share | $0.28 | $0.32 | $0.35 | $0.40 | $0.44 | $0.46 | $0.47 | $0.50 | $0.51 | $0.54 |
Questions
What was First Commonwealth Financial's revenue in 2025?
$523M in fiscal 2025, from its 10-K filing.
How much free cash flow does First Commonwealth Financial generate?
$171M in fiscal 2025 (operating cash flow minus capital spending).
From First Commonwealth Financial's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.