First Commonwealth Q4 net income $34.8M, EPS $0.37; declares $0.115 dividend

FIRST COMMONWEALTH FINANCIAL CORP /PA/

2021-FY EPS reported $1.44

Diluted EPS $0.37 for Q4 2021 vs $0.27 in Q4 2020; full year EPS $1.44 vs $0.75.
Net income $34.8M in Q4; full year $138.3M, nearly double prior year.
Quarterly cash dividend declared at $0.115 per share, unchanged from prior quarter.
Net interest margin (FTE) 3.23% in Q4, down 3 bps from 3.26% a year ago.
Core pre-tax pre-provision net revenue $40.9M, up from $40.1M in Q4 2020.

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