First Commonwealth Financial (FCF) Misses Q3 EPS by 3c

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Go back to First Commonwealth Financial (FCF) Misses Q3 EPS by 3c

First Commonwealth Announces Third Quarter 2018 Earnings; Declares Quarterly Dividend and Announces $25 Million Share Repurchase Program

October 23, 2018 5:00 PM EDT

INDIANA, Pa., Oct. 23, 2018 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) today announced financial results for the third quarter of 2018.

Third Quarter 2018 Highlights      

 Earnings

Third quarter net income was $25.1 million, or $0.25 diluted earnings per share, as compared to $21.3 million, or $0.22 diluted earnings per share in the third quarter of 2017 and $32.1 million, or $0.32 diluted earnings per share in the second quarter of 2018. Core net income (adjusted only for acquisition expenses) was $25.2 million, or $0.25 diluted earnings per share, an increase of $0.03 from the third quarter of... More