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First Commonwealth Financial FCF Average cash balances held with the Federal Reserve Bank

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Other financials

Income statement

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Revenue$139.4M+6.5%
Net income$44.6M+33.5%
EPS (diluted)$0.44+37.5%

Balance sheet

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Cash & equivalents$179.6M+12.2%
Total debt$307.0M-42.8%
Total equity$1.6B+3.4%
Total assets$12.2B-0.2%

Cash flow

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Operating cash flow$3.6M-88.0%
CapEx$4.0M+3.5%
Free cash flow$42.9M+50.5%

Valuation

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Market cap$2.17B+27.6%
Enterprise value$2.3B+10.7%
P/E12.9×+0.2×
P/S+0.5×

Profitability

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Net margin30.8%+3.5pp
FCF margin32.8%+9.0pp

Returns & leverage

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Return on equity10.9%+1.6pp
Debt / equity0.2×-0.2×

Where this comes from

Reported directly by First Commonwealth Financial in its filing.

Tagged under the XBRL concept fcf:AverageBalancesWithFederalReserveBank.

The source filing: First Commonwealth Financial’s 10-K, filed March 2, 2026.

Filed
Mar 2, 2026, 9:19 AM EST
Fiscal year
FY2025
Accession
0000712537-26-000013

Regulations of the Board of Governors of the Federal Reserve System impose uniform reserve requirements on all depository institutions with transaction accounts, such as checking accounts and NOW accounts. Reserves are maintained in the form of vault cash or balances held with the local Federal Reserve Bank. Because balances held at the Federal Reserve earn interest, depending on our liquidity position, we may maintain balances in excess of the reserve requirement. First Commonwealth maintained average balances of $44.6 million during 2025 and $157.1 million during 2024 with the Federal Reserve Bank of Cleveland.

ITEM 8. Financial Statements and Supplementary Data

FAQ

What is First Commonwealth Financial's average cash balances held with the federal reserve bank?
First Commonwealth Financial (FCF) reported average cash balances held with the federal reserve bank of $44.6M in Q4 2025.
How has First Commonwealth Financial's average cash balances held with the federal reserve bank changed year-over-year?
First Commonwealth Financial's average cash balances held with the federal reserve bank decreased by 71.6% year-over-year, from $157.1M to $44.6M.
What is the long-term trend for First Commonwealth Financial's average cash balances held with the federal reserve bank?
Over 5 years (2020 to 2025), First Commonwealth Financial's average cash balances held with the federal reserve bank has grown at a -23.8% compound annual growth rate (CAGR), from $173.2M to $44.6M.
What does average cash balances held with the federal reserve bank mean?
Average cash balances held with the Federal Reserve Bank as reported by First Commonwealth Financial Corporation.

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