---
schema_version: "secwatch.filing_event.v1"
accession: "0000712537-22-000038"
form_type: "8-K"
ticker: "FCF"
cik: "0000712537"
company_name: "FIRST COMMONWEALTH FINANCIAL CORP /PA/"
filed_at: "2022-08-30T23:59:59+00:00"
generated_at: "2026-06-23T19:47:46.162593+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# First Commonwealth acquires Centric Financial in all-stock deal valued at ~$144M

## Summary
- All-stock merger valued at ~$144M (~$16.20/share); Centric holders get 1.09 FCF shares.
- Expected Q1 2023 close; 2023 EPS accretion ~5%, 2024 ~7%; TBV dilution ~3%, earnback ~2 years.
- Centric contributes ~$1B assets, $0.9B deposits, $0.9B loans; combined assets ~$10.6B.
- Patti Husic, Centric CEO, to join FCF Board of Directors post-close.
- Transaction unanimously approved by both boards; requires Centric shareholder and regulatory approvals.

## SEC filing metadata
- accession: 0000712537-22-000038
- form_type: 8-K
- ticker: FCF
- cik: 0000712537
- company_name: FIRST COMMONWEALTH FINANCIAL CORP /PA/
- filed_at: 2022-08-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/712537/000071253722000038/0000712537-22-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/712537/000071253722000038/fcf-20220830.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000712537-22-000038
- JSON: https://secwatch.observer/filing/0000712537-22-000038.json
- Plain text: https://secwatch.observer/filing/0000712537-22-000038.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.