First Commonwealth Q2 net income $29.6M, EPS $0.31; dividend $0.115

FIRST COMMONWEALTH FINANCIAL CORP /PA/

2021-Q2 EPS reported $0.72

Q2 2021 net income $29.6M, diluted EPS $0.31, vs Q2 2020 net income $23.9M, EPS $0.24.
Net interest margin (FTE) 3.17%, down from 3.29% a year ago and 3.40% in Q1 2021.
Core pre-tax pre-provision net revenue $42.9M, up from $36.2M in Q2 2020.
Provision expense $5.4M vs $6.9M in Q2 2020; net charge-offs $3.9M.
Quarterly cash dividend declared at $0.115 per share, consistent with prior rate.

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