First Commonwealth Financial: Q1 Earnings Snapshot

April 26, 2022 GMT

INDIANA, Pa. (AP) _ First Commonwealth Financial Corp. (FCF) on Tuesday reported first-quarter net income of $27.7 million.

The Indiana, Pennsylvania-based bank said it had earnings of 29 cents per share.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share.

The financial holding company posted revenue of $95.2 million in the period. Its revenue net of interest expense was $92.1 million, also missing Street forecasts. Four analysts surveyed by Zacks expected $94.4 million.


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