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First Commonwealth Financial FCF Bank Owned Life Insurance Income

Bank Owned Life Insurance Income at other companies

F.N.B. Corporation logo
F.N.B. CorporationFNB
$5M+25.0%
First Business Financial Services logo
First Business Financial ServicesFBIZ
$757K+73.2%
FRA
Franklin Financial Services CorporationFRAF
$135K+16.4%
Independent Bank Corp logo
Independent Bank CorpINDB
$2.64M+29.3%
First United logo
First UnitedFUNC
$377K+8.0%
Financial Institutions logo
Financial InstitutionsFISI
$2.88M-2.7%

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$110.3M-31.1%
Total debt$263.0M-51.0%
Total equity$1.6B+3.4%
Total assets$12.2B-0.2%

Cash flow

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Operating cash flow$86.8M+55.4%
CapEx$4.0M+3.5%
Free cash flow$42.9M+50.5%

Valuation

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Market cap$2.17B+25.0%
Enterprise value$2.32B+9.9%
P/E12.9×-0.1×
P/S+0.4×

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:BankOwnedLifeInsuranceIncome.

The source filing: First Commonwealth Financial’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 4:52 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000712537-26-000022
Line itemFor the Three Months Ended / March 31, 20262025
Trust income3,4083,022
Service charges on deposit accounts5,5305,438
Insurance and retail brokerage commissions3,2673,170
Income from bank owned life insurance1,7961,502
Gain on sale of mortgage loans2,2151,387
Gain on sale of other loans and assets2,1821,388
Card-related interchange income3,6613,654
Derivatives mark to market(6)(153)

ITEM 1. Financial Statements and Supplementary Data

FAQ

What is First Commonwealth Financial's bank owned life insurance income?
First Commonwealth Financial (FCF) reported bank owned life insurance income of $1.8M in Q1 2026.
How has First Commonwealth Financial's bank owned life insurance income changed year-over-year?
First Commonwealth Financial's bank owned life insurance income increased by 19.6% year-over-year, from $1.5M to $1.8M.
What is the long-term trend for First Commonwealth Financial's bank owned life insurance income?
Over 4 years (2021 to 2025), First Commonwealth Financial's bank owned life insurance income has grown at a 1.7% compound annual growth rate (CAGR), from $6.43M to $6.88M.
What does bank owned life insurance income mean?
This represents the income earned on life insurance policies purchased by the bank on the lives of its employees or executives. It serves as a tax-advantaged financial instrument that provides a stable, non-interest income stream to help offset the costs of employee benefit plans.

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