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First Commonwealth Financial FCF Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, FHLB Stock

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, FHLB Stock at other companies

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$15.23M+423%
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$0-100%
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$58M+1.8%
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$21.61M+67.1%
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Heritage FinancialHFWA
$6.12M-39.8%

Other financials

Income statement

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Revenue$133.6M+13.2%
Net income$37.5M+14.8%
EPS (diluted)$0.37+15.6%

Balance sheet

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Cash & equivalents$342.9M+143%
Total debt$199.7M-48.6%
Total equity$1.6B+7.3%
Total assets$12.3B+4.0%

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$2.08B+28.8%
Enterprise value$1.94B+4.1%
P/E13.2×+1.5×
P/S3.9×+0.5×

Profitability

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Net margin29.2%+0.5pp
FCF margin32.8%+9.0pp

Returns & leverage

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Return on equity10.5%+0.6pp
Debt / equity0.1×-0.1×

Where this comes from

Reported directly by First Commonwealth Financial in its filing.

Tagged under the XBRL concept fcf:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFHLBStock.

The official record: First Commonwealth Financial’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Commonwealth Financial's business combination, recognized identifiable assets acquired and liabilities assumed, FHLB stock?
First Commonwealth Financial (FCF) reported business combination, recognized identifiable assets acquired and liabilities assumed, FHLB stock of $3.14M in Q2 2025.
What does business combination, recognized identifiable assets acquired and liabilities assumed, FHLB stock mean?
The fair value of Federal Home Loan Bank (FHLB) stock acquired through a business combination. FHLB stock is typically held to maintain membership and access to liquidity facilities, and it is often a required investment for institutions utilizing FHLB advances. This metric highlights the integration of acquired liquidity assets into the institution's treasury management framework.