{"schema_version":"secwatch.filing_event.v1","accession":"0000712537-24-000127","form_type":"8-K","ticker":"FCF","cik":"0000712537","company_name":"FIRST COMMONWEALTH FINANCIAL CORP /PA/","filed_at":"2024-12-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.853463+00:00","generated_at":"2026-05-29T02:09:22.498386+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"First Commonwealth to acquire CenterGroup Financial in all-stock deal valued at ~$54.6M","bullets":["Transaction valued at $54.6M (153% P/TBV, 15.3x 2025E earnings) based on FCF's $17.84 close Dec 17.","CenterGroup shareholders receive 6.10 FCF shares per share; deal expected to close H1 2025.","Adds ~$348M in assets, 3 branches, LPO, and mortgage office in Cincinnati; customer base 65% business.","Estimated ~2% EPS accretive in 2025, ~3% in 2026; TBV dilution <2% with earnback <3 years.","40% cost savings targeted; pre-tax merger charges ~$5.7M; pro forma TCE ratio 8.9%."],"urls":{"canonical":"https://secwatch.observer/filing/0000712537-24-000127","json":"https://secwatch.observer/filing/0000712537-24-000127.json","markdown":"https://secwatch.observer/filing/0000712537-24-000127.md","text":"https://secwatch.observer/filing/0000712537-24-000127.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/712537/000071253724000127/0000712537-24-000127-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/712537/000071253724000127/fcf-20241218.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T02:09:22.498386+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}