First Commonwealth Financial (FCF) Misses Q1 EPS by 1c
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First Commonwealth Announces First Quarter 2016 Financial Results; Declares Quarterly Dividend
April 26, 2016 7:00 AM EDTINDIANA, PA -- (Marketwired) -- 04/26/16 -- First Commonwealth Financial Corporation (NYSE: FCF) today announced financial results for the first quarter of 2016.
First Quarter 2016 Highlights
Profitability
Loans experienced solid growth from the prior quarter of 9.8% on an annualized basis; Deposits grew 10.1% from the prior quarter on an annualized basis; The net interest margin expanded three basis points from the prior quarter to 3.29%; and The efficiency ratio improved to 60.10% driven by lower operational... More