Value20202021202220232024TTMSelling/general/admin expenses36.76 M38.44 M46.58 M51.76 M52.33 M59.67 MResearch & development——————Operating income239.67 M372.93 M338.47 M406.89 M396.74 M321.25 MNon-Operating Income, Total6.58 M6.36 M5.45 M4.99 M17.47 M45.7 MInterest expense, net of interest capitalized32.94 M15.3 M17.73 M144.32 M221.57 M210.79 MNon-Operating Income, excl. Interest Expenses-26.36 M-8.94 M-12.29 M-139.34 M-204.1 M-165.09 MUnusual income/expense——————Pretax income90.2 M172.82 M160.19 M197.56 M178.21 M179.54 MEquity in earnings——————Taxes16.76 M34.56 M32 M40.49 M35.64 M36.27 MNon-controlling/minority interest——————After tax other income/expense——————Net income before discontinued operations73.45 M138.26 M128.18 M157.06 M142.57 M143.28 MDiscontinued operations——————Net income73.45 M138.26 M128.18 M157.06 M142.57 M143.28 MDilution adjustment——————Preferred dividends——————Diluted net income available to common stockholders73.45 M138.26 M128.18 M157.06 M142.57 M143.28 MBasic earnings per share (Basic EPS)0.751.451.371.551.41.4Diluted earnings per share (Diluted EPS)0.751.441.371.541.391.39Average basic shares outstanding97.5 M95.58 M93.61 M101.56 M101.91 M409.29 MDiluted shares outstanding97.76 M95.84 M93.89 M101.82 M102.21 M410.46 MEBITDA229.28 M363.46 M329.38 M401.16 M392.29 M356.64 MEBIT231.78 M364.74 M328.21 M397.51 M387.6 M347.74 MCost of revenue56.72 M1.38 M21.11 M14.81 M29.17 M36.21 MOther cost of goods sold——————Depreciation & amortization (cash flow)-2.49 M-1.27 M1.17 M3.65 M4.69 M8.9 M
First Commonwealth Financial Corporation
First Commonwealth Financial Corporation is a financial services company based in Indiana, Pennsylvania, primarily serving the Western and Central Pennsylvania as well as Canton, Ohio and Columbus, Ohio.
First Commonwealth has long served the Central Pennsylvania region, but began aggressively expanding into the Western part of the state in the early 2000s, particularly Pittsburgh. In 2016, the bank purchased several Ohio-based banks growing its footprint. It is currently the fifth-largest bank in the Pittsburgh metropolitan area behind PNC Financial Services, Citizens Financial Group, First Niagara Bank, and privately held Dollar Bank.
First Commonwealth is one of the few stronger banks that did not accept TARP funds in 2008.