First Commonwealth Q2 2024 EPS $0.36, down from $0.42; dividend $0.13

FIRST COMMONWEALTH FINANCIAL CORP /PA/

2024-Q2 EPS reported $0.73

Net income $37.1M vs $42.8M in Q2 2023; diluted EPS $0.36 vs $0.42.
Net interest margin (FTE) 3.57%, down from 3.85% a year ago.
Provision expense rose to $7.8M from $2.8M; net charge-offs $4.4M.
Quarterly cash dividend of $0.13 per share declared, payable date not stated.
Core diluted EPS $0.36, core efficiency ratio 53.63%.

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