First Commonwealth Financial (FCF) Raises Quarterly Dividend 12.5% to $0.09; 2.4% Yield

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Go back to First Commonwealth Financial (FCF) Raises Quarterly Dividend 12.5% to $0.09; 2.4% Yield

First Commonwealth Announces Record First Quarter 2018 Earnings; Increases Quarterly Dividend 12.5%

April 24, 2018 7:00 AM EDT

INDIANA, Pa., April 24, 2018 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) today announced financial results for the first quarter of 2018.

First Quarter 2018 Highlights

Earnings

First quarter net income was $23.3 million (or $0.24 diluted earnings per share), the highest level of quarterly net income in the history of the company.  Core net income (adjusted for acquisition expenses) was $23.5 million, or $0.24 diluted earnings per share. Earnings per share increased $0.06 from the prior year quarter, an increase of 33.3% year-over-year. Total noninterest... More