secwatch.observer — SEC 8-K summary
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Issuer:     FIRST COMMONWEALTH FINANCIAL CORP /PA/ (FCF)
CIK:        0000712537
Form:       8-K
Filed at:   2021-10-27T23:59:59+00:00
Accession:  0000712537-21-000025
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Commonwealth Q3 net income $34.1M, EPS $0.36; declares $0.115 dividend, $25M buyback
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- Q3 2021 net income $34.1M, diluted EPS $0.36, up from $19.2M ($0.20) in Q3 2020.
- Core diluted EPS $0.36 vs $0.24 YoY, driven by lower provision expense ($330K vs $11.2M).
- Net interest margin (FTE) expanded to 3.23% from 3.11% a year ago.
- Declared quarterly cash dividend of $0.115 per share and authorized a new $25M share repurchase program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712537/000071253721000025/0000712537-21-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712537/000071253721000025/fcf-20211026.htm
  HTML page:      https://secwatch.observer/filing/0000712537-21-000025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer