First Commonwealth Announces Third Quarter 2020 Earnings; Declares Quarterly Dividend
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First Commonwealth Financial (FCF) Tops Q3 EPS by 1c
October 27, 2020 5:09 PM EDTFirst Commonwealth Financial (NYSE: FCF) reported Q3 EPS of $0.24, $0.01 better than the analyst estimate of $0.23.
Third Quarter 2020 Highlights
Financial results
Net income of $19.2 million and diluted earnings per share of $0.20, a decrease of $0.04 per share from the previous quarter -- Core net income of $23.8 million and diluted earnings per share of $0.24, unchanged from the previous quarterProvision for loan losses of $11.2 million increased $4.4 million from the previous quarterCore pre-tax pre-provision net revenue (PPNR)(1) was $41.1 million,... More