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First Commonwealth Financial FCF Accretion (Amortization) of Discounts and Premiums, Investments

Accretion (Amortization) of Discounts and Premiums, Investments at other companies

First Financial Bancorp logo
First Financial BancorpFFBC
$548K-18.0%
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$2.08M+190%
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-$159K-156%
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First Financial BanksharesFFIN
-$7.86M+17.3%
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First Community BanksharesFCBC
$11.42M+3,268%
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First National Corp.FXNC
$295K+251%

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+27.1%
Enterprise value$2.29B+10.3%
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 us-gaap:AccretionAmortizationOfDiscountsAndPremiumsInvestments.

The source filing: First Commonwealth Financial’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:29 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000712537-26-000030
Operating ActivitiesFor the Six Months Ended / June 30, 2026 / (dollars in thousands)For the Six Months Ended / June 30, 2025 / (dollars in thousands)
Deferred tax expense4,330518
Depreciation and amortization3,8702,941
Net gains on securities and other assets(8,692)(6,345)
Net (accretion) amortization of premiums and discounts on securities(140)18
Gain on early redemption of subordinated debentures(806)
Income from increase in cash surrender value of bank owned life insurance(3,492)(3,274)
Decrease (increase) in interest receivable1,683(211)
Mortgage loans originated for sale(149,414)(125,825)

ITEM 1. Financial Statements and Supplementary Data

FAQ

What is First Commonwealth Financial's accretion (amortization) of discounts and premiums, investments?
First Commonwealth Financial (FCF) reported accretion (amortization) of discounts and premiums, investments of $121K in Q2 2026.
What is the long-term trend for First Commonwealth Financial's accretion (amortization) of discounts and premiums, investments?
Over 3 years (2021 to 2024), First Commonwealth Financial's accretion (amortization) of discounts and premiums, investments has grown at a -46.3% compound annual growth rate (CAGR), from -$4.77M to -$737K.
What does accretion (amortization) of discounts and premiums, investments mean?
This represents the non-cash adjustment to interest income resulting from the amortization of premiums or the accretion of discounts on purchased debt securities. It aligns the carrying value of investments with their par value over the remaining life of the instrument. This metric is essential for understanding the effective yield of the investment portfolio beyond nominal coupon payments.

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