First Commonwealth Financial Corporation (FCF) To Go Ex-Dividend on November 6th

First Commonwealth Financial Corporation (NYSE:FCF) announced a quarterly dividend on Tuesday, October 27th. Shareholders of record on Friday, November 6th will be paid a dividend of $0.14 per share by the bank on Friday, November 20th. This represents a $0.56 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Friday, November 6th.

First Commonwealth Financial has a dividend payout ratio of 34.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect First Commonwealth Financial to earn $1.95 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 28.7%.

First Commonwealth Financial Stock Performance

Shares of FCF opened at $20.84 on Thursday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.92 and a current ratio of 0.92. The stock has a 50-day moving average of $20.74 and a two-hundred day moving average of $19.39. The stock has a market cap of $2.11 billion, a P/E ratio of 12.78 and a beta of 0.76. First Commonwealth Financial has a one year low of $15.00 and a one year high of $22.34.

First Commonwealth Financial (NYSE:FCF) last announced its quarterly earnings data on Tuesday, October 27th. The bank reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). First Commonwealth Financial had a net margin of 22.62% and a return on equity of 10.79%. The firm had revenue of $143.34 million during the quarter, compared to analyst estimates of $141.36 million. As a group, research analysts predict that First Commonwealth Financial will post 1.73 EPS for the current year.

First Commonwealth Financial Company Profile

First Commonwealth Financial Corporation (NYSE: FCF) is a bank holding company headquartered in Indiana, Pennsylvania. Through its principal subsidiary, First Commonwealth Bank, the company provides financial services to consumers, businesses, municipalities and nonprofit organizations.

Its offerings include checking and savings accounts, certificates of deposit, residential and consumer lending, commercial loans, mortgages, treasury management and online and mobile banking. The company also provides wealth management, investment and trust services, along with insurance and other financial solutions through affiliated businesses.

First Commonwealth Bank serves communities primarily in western and central Pennsylvania and northeastern Ohio through a network of community banking offices and digital channels.