First Return On Assets from 2010 to 2024

FCF Stock  USD 13.80  0.47  3.53%   
First Commonwealth's Return On Assets are increasing over the last several years with slightly volatile swings. Return On Assets are predicted to flatten to 0.01. Return On Assets is a profitability ratio that indicates the percentage of profit First Commonwealth Financial earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.01368406
Current Value
0.0101
Quarterly Volatility
0.00343076
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Commonwealth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.1 M, Interest Expense of 30.3 M or Selling General Administrative of 90.3 M, as well as many exotic indicators such as Short Term Coverage Ratios of 0.21, Price Earnings Ratio of 18.48 or Price To Sales Ratio of 4.17. First financial statements analysis is a perfect complement when working with First Commonwealth Valuation or Volatility modules.
  
This module can also supplement First Commonwealth's financial leverage analysis and stock options assessment as well as various First Commonwealth Technical models . Check out the analysis of First Commonwealth Correlation against competitors.

Latest First Commonwealth's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of First Commonwealth Financial over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. First Commonwealth's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Commonwealth's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

First Return On Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation35.55
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.000012
Range0.0119
R-Value0.63
Mean Square Error0.00000757
R-Squared0.40
Significance0.01
Slope0.0005
Total Sum of Squares0.0002

First Return On Assets History

2024 0.0101
2022 0.0131
2021 0.0145
2020 0.008099
2019 0.0127
2018 0.0137
2017 0.007548

About First Commonwealth Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include First Commonwealth income statement, its balance sheet, and the statement of cash flows. First Commonwealth investors use historical funamental indicators, such as First Commonwealth's Return On Assets, to determine how well the company is positioned to perform in the future. Although First Commonwealth investors may use each financial statement separately, they are all related. The changes in First Commonwealth's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Commonwealth's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on First Commonwealth Financial Statements. Understanding these patterns can help to make the right decision on long term investment in First Commonwealth. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Return On Assets 0.01  0.01 

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When determining whether First Commonwealth is a strong investment it is important to analyze First Commonwealth's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Commonwealth's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out the analysis of First Commonwealth Correlation against competitors.
Note that the First Commonwealth information on this page should be used as a complementary analysis to other First Commonwealth's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running First Commonwealth's price analysis, check to measure First Commonwealth's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Commonwealth is operating at the current time. Most of First Commonwealth's value examination focuses on studying past and present price action to predict the probability of First Commonwealth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Commonwealth's price. Additionally, you may evaluate how the addition of First Commonwealth to your portfolios can decrease your overall portfolio volatility.
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Is First Commonwealth's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Commonwealth. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Commonwealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.147
Dividend Share
0.5
Earnings Share
1.54
Revenue Per Share
4.601
Quarterly Revenue Growth
0.181
The market value of First Commonwealth is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Commonwealth's value that differs from its market value or its book value, called intrinsic value, which is First Commonwealth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Commonwealth's market value can be influenced by many factors that don't directly affect First Commonwealth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Commonwealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Commonwealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Commonwealth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.