First Commonwealth Financial (FCF) Tops Q2 EPS by 8c

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First Commonwealth Announces Second Quarter 2018 Earnings; Declares Quarterly Dividend

July 24, 2018 5:00 PM EDT

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

Second Quarter 2018 Highlights        

Earnings

Second quarter net income was $32.1 million, or $0.32 diluted earnings per share, an increase of $0.08 from the prior quarter.  Core net income (adjusted only for acquisition expenses) was $33.1 million, or $0.33 diluted earnings per share. Core earnings per share increased $0.09 from the previous quarter and $0.12 from the prior year quarter, an increase of 37.5% and 57.1%, respectively. Total... More