First Historical Income Statement

FCF Stock  USD 13.60  0.01  0.07%   
Historical analysis of First Commonwealth income statement accounts such as Selling General Administrative of 90.3 M or Total Revenue of 657.4 M can show how well First Commonwealth Financial performed in making a profits. Evaluating First Commonwealth income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Commonwealth's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining First Commonwealth latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Commonwealth is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Commonwealth Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

About First Income Statement Analysis

First Commonwealth Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Commonwealth shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

First Commonwealth Income Statement Chart

First Commonwealth Financial Income Statement is one of the three primary financial statements used for reporting First's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of First Commonwealth revenue and expense. First Commonwealth Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, First Commonwealth's Gross Profit is most likely to increase significantly in the upcoming years. The First Commonwealth's current Other Operating Expenses is estimated to increase to about 435.4 M, while Selling General Administrative is projected to decrease to roughly 90.3 M.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of First Commonwealth Financial minus its cost of goods sold. It is profit before First Commonwealth operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First Commonwealth. It is also known as First Commonwealth overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most accounts from First Commonwealth's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Commonwealth current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Commonwealth Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, First Commonwealth's Gross Profit is most likely to increase significantly in the upcoming years. The First Commonwealth's current Other Operating Expenses is estimated to increase to about 435.4 M, while Selling General Administrative is projected to decrease to roughly 90.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense15.3M17.7M31.9M30.3M
Depreciation And Amortization3.5M3.2M18.2M19.1M

First Commonwealth income statement Correlations

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0.8-0.190.571.00.86-0.13-0.42-0.360.080.90.620.90.71-0.60.70.730.50.510.860.85-0.53-0.74
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0.37-0.490.250.620.630.54-0.63-0.31-0.30.180.680.610.77-0.390.190.480.140.540.440.44-0.4-0.26
0.61-0.150.520.90.890.790.09-0.08-0.03-0.130.990.610.74-0.410.690.910.60.520.90.86-0.68-0.88
0.39-0.390.440.710.70.49-0.280.00.040.080.840.770.74-0.420.40.670.510.880.650.62-0.51-0.47
-0.230.59-0.79-0.6-0.56-0.340.180.130.120.03-0.44-0.39-0.41-0.42-0.33-0.4-0.16-0.24-0.31-0.320.140.27
0.540.030.690.70.680.620.37-0.06-0.01-0.250.650.190.690.4-0.330.740.810.420.850.81-0.52-0.76
0.35-0.190.690.730.710.620.240.190.24-0.310.90.480.910.67-0.40.740.740.50.890.85-0.66-0.87
0.270.140.640.50.470.50.390.250.3-0.470.60.140.60.51-0.160.810.740.530.780.75-0.32-0.75
0.38-0.260.340.510.510.28-0.120.030.070.210.630.540.520.88-0.240.420.50.530.530.5-0.53-0.26
0.64-0.010.610.860.850.770.15-0.15-0.09-0.130.880.440.90.65-0.310.850.890.780.530.98-0.59-0.87
0.690.070.590.850.850.810.06-0.25-0.2-0.10.840.440.860.62-0.320.810.850.750.50.98-0.48-0.82
-0.380.38-0.24-0.53-0.52-0.24-0.24-0.11-0.16-0.24-0.67-0.4-0.68-0.510.14-0.52-0.66-0.32-0.53-0.59-0.480.45
-0.46-0.11-0.56-0.74-0.72-0.77-0.4-0.09-0.140.49-0.82-0.26-0.88-0.470.27-0.76-0.87-0.75-0.26-0.87-0.820.45
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First Commonwealth Account Relationship Matchups

First Commonwealth income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization3.3M3.7M3.5M3.2M18.2M19.1M
Interest Expense55.4M32.9M15.3M17.7M31.9M30.3M
Selling General Administrative126.4M137.2M134.4M128.9M149.1M90.3M
Total Revenue355.3M362.7M385.3M410.9M626.1M657.4M
Gross Profit329.6M338.0M358.6M380.2M626.4M657.7M
Other Operating Expenses224.5M272.5M212.5M5.0M414.7M435.4M
Operating Income130.8M90.2M172.8M185.3M(13.2M)(12.5M)
Ebit130.8M90.2M172.8M185.3M(13.2M)(12.5M)
Ebitda134.2M93.9M176.3M188.5M5.0M4.7M
Total Operating Expenses(224.5M)(272.5M)(212.5M)5.0M72.3M75.9M
Income Before Tax132.6M91.7M172.8M160.2M197.6M207.4M
Total Other Income Expense Net1.7M1.5M170.5M(25.1M)197.6M207.4M
Net Income105.3M73.4M138.3M128.2M157.1M164.9M
Income Tax Expense25.5M16.8M34.6M32.0M40.5M42.5M
Cost Of Revenue25.8M24.8M26.7M30.7M(303K)(287.9K)
Net Income Applicable To Common Shares105.3M73.4M138.3M128.2M147.4M154.8M
Selling And Marketing Expenses4.3M4.7M5.0M5.0M5.7M4.2M
Net Income From Continuing Ops105.3M73.4M138.3M128.2M148.0M85.4M
Tax Provision25.5M16.8M34.6M32.0M37.7M32.6M
Net Interest Income268.3M268.3M278.5M312.2M375.5M289.0M
Interest Income323.7M301.2M293.8M330.0M479.5M328.3M
Reconciled Depreciation10.4M11.7M3.5M3.2M5.6M5.9M

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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Commonwealth Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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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
0.227
Dividend Share
0.505
Earnings Share
1.61
Revenue Per Share
4.6
Quarterly Revenue Growth
0.024
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.