First Commonwealth Financial: Q4 Earnings Snapshot

INDIANA, Pa. (AP) _ First Commonwealth Financial Corp. (FCF) on Tuesday reported fourth-quarter earnings of $35.7 million.

The bank, based in Indiana, Pennsylvania, said it had earnings of 38 cents per share. Earnings, adjusted for non-recurring costs, were 39 cents per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.

The financial holding company posted revenue of $120.6 million in the period. Its revenue net of interest expense was $112.3 million, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $113.6 million.

For the year, the company reported profit of $128.2 million, or $1.37 per share. Revenue was reported as $410.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCF at https://www.zacks.com/ap/FCF

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