First Commonwealth Financial (FCF) - Net Assets

Latest as of December 2025: $1.55 Billion USD

Based on the latest financial reports, First Commonwealth Financial (FCF) has net assets worth $1.55 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.34 Billion) and total liabilities ($10.79 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of First Commonwealth Financial to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	$1.55 Billion
% of Total Assets	12.59%
Annual Growth Rate	6.93%
5-Year Change	40.11%
10-Year Change	107.27%
Growth Volatility	10.37

First Commonwealth Financial - Net Assets Trend (1992–2025)

This chart illustrates how First Commonwealth Financial's net assets have evolved over time, based on quarterly financial data. Also explore how large is First Commonwealth Financial's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for First Commonwealth Financial (1992–2025)

The table below shows the annual net assets of First Commonwealth Financial from 1992 to 2025. For live valuation and market cap data, see how much is First Commonwealth Financial worth.

Year	Net Assets	Change
2025-12-31	$1.55 Billion	+10.62%
2024-12-31	$1.41 Billion	+6.92%
2023-12-31	$1.31 Billion	+24.92%
2022-12-31	$1.05 Billion	-5.16%
2021-12-31	$1.11 Billion	+3.81%
2020-12-31	$1.07 Billion	+1.23%
2019-12-31	$1.06 Billion	+8.23%
2018-12-31	$975.39 Million	+9.83%
2017-12-31	$888.13 Million	+18.43%
2016-12-31	$749.93 Million	+4.22%
2015-12-31	$719.55 Million	+0.47%
2014-12-31	$716.14 Million	+0.62%
2013-12-31	$711.70 Million	-4.60%
2012-12-31	$746.01 Million	-1.65%
2011-12-31	$758.54 Million	+1.17%
2010-12-31	$749.78 Million	+17.37%
2009-12-31	$638.81 Million	-2.14%
2008-12-31	$652.78 Million	+14.77%
2007-12-31	$568.79 Million	-0.45%
2006-12-31	$571.36 Million	+9.66%
2005-12-31	$521.04 Million	-2.06%
2004-12-31	$531.98 Million	+23.44%
2003-12-31	$430.95 Million	+7.36%
2002-12-31	$401.39 Million	+8.46%
2001-12-31	$370.07 Million	+10.75%
2000-12-31	$334.16 Million	+16.55%
1999-12-31	$286.70 Million	-19.33%
1998-12-31	$355.40 Million	+0.31%
1997-12-31	$354.30 Million	+35.54%
1996-12-31	$261.40 Million	+3.61%
1995-12-31	$252.30 Million	+12.08%
1994-12-31	$225.10 Million	+20.70%
1993-12-31	$186.50 Million	+9.45%
1992-12-31	$170.40 Million	--

Equity Component Analysis

This analysis shows how different components contribute to First Commonwealth Financial's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	$1.55 Billion	100.00%
Total Equity	$1.55 Billion	100.00%

First Commonwealth Financial Competitors by Market Cap

The table below lists competitors of First Commonwealth Financial ranked by their market capitalization.

Company	Market Cap
Solaria Energía y Medio Ambiente S.A MC:SLR	$1.90 Billion
Stock Yards Bancorp Inc NASDAQ:SYBT	$1.90 Billion
Stadler Rail AG SW:SRAIL	$1.90 Billion
Sichuan Jiuzhou Electronic Co Ltd SHE:000801	$1.90 Billion
Chambal Fertilizers & Chemicals Limited NSE:CHAMBLFERT	$1.90 Billion
Kepco Plant S& KO:051600	$1.90 Billion
Crompton Greaves Consumer Electricals Limited NSE:CROMPTON	$1.90 Billion
Hunan Oil Pump SHG:603319	$1.90 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in First Commonwealth Financial's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,405,165,000 to 1,554,376,000, a change of 149,211,000 (10.6%).
Net income of 152,302,000 contributed positively to equity growth.
Other comprehensive income increased equity by 102,514,000.
Other factors decreased equity by 105,605,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	$152.30 Million	+9.8%
Other Comprehensive Income	$102.51 Million	+6.6%
Other Changes	$-105.61 Million	-6.79%
Total Change	$-	10.62%

Book Value vs Market Value Analysis

This analysis compares First Commonwealth Financial's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 1.23x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 3.36x to 1.23x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1992-12-31	$5.49	$18.46	x
1993-12-31	$5.00	$18.46	x
1994-12-31	$5.02	$18.46	x
1995-12-31	$5.73	$18.46	x
1996-12-31	$5.89	$18.46	x
1997-12-31	$8.04	$18.46	x
1998-12-31	$5.74	$18.46	x
1999-12-31	$4.73	$18.46	x
2000-12-31	$5.80	$18.46	x
2001-12-31	$6.37	$18.46	x
2002-12-31	$6.83	$18.46	x
2003-12-31	$7.26	$18.46	x
2004-12-31	$7.98	$18.46	x
2005-12-31	$7.48	$18.46	x
2006-12-31	$8.03	$18.46	x
2007-12-31	$7.79	$18.46	x
2008-12-31	$8.75	$18.46	x
2009-12-31	$7.55	$18.46	x
2010-12-31	$8.04	$18.46	x
2011-12-31	$7.24	$18.46	x
2012-12-31	$7.18	$18.46	x
2013-12-31	$7.33	$18.46	x
2014-12-31	$7.69	$18.46	x
2015-12-31	$8.05	$18.46	x
2016-12-31	$8.43	$18.46	x
2017-12-31	$9.11	$18.46	x
2018-12-31	$9.80	$18.46	x
2019-12-31	$10.71	$18.46	x
2020-12-31	$10.93	$18.46	x
2021-12-31	$11.58	$18.46	x
2022-12-31	$11.21	$18.46	x
2023-12-31	$12.91	$18.46	x
2024-12-31	$13.75	$18.46	x
2025-12-31	$15.00	$18.46	x

Capital Efficiency Dashboard

This dashboard shows how efficiently First Commonwealth Financial utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 9.80%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 20.88%
• Asset Turnover: 0.06x
• Equity Multiplier: 7.94x
Recent ROE (9.80%) is above the historical average (9.38%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1992	12.09%	14.63%	0.08x	10.49x	$3.56 Million
1993	12.44%	16.13%	0.07x	10.48x	$4.55 Million
1994	12.75%	16.33%	0.08x	10.37x	$6.19 Million
1995	10.11%	13.70%	0.08x	9.37x	$270.00K
1996	14.23%	14.63%	0.10x	9.89x	$11.06 Million
1997	11.15%	14.09%	0.08x	10.35x	$4.07 Million
1998	9.40%	10.72%	0.08x	11.53x	$-2.14 Million
1999	18.49%	16.04%	0.08x	15.14x	$24.33 Million
2000	14.14%	13.67%	0.08x	13.08x	$13.83 Million
2001	13.56%	14.34%	0.08x	12.39x	$13.18 Million
2002	10.84%	13.88%	0.07x	11.27x	$3.39 Million
2003	12.37%	18.24%	0.06x	12.04x	$10.21 Million
2004	7.27%	11.87%	0.05x	11.65x	$-14.55 Million
2005	11.10%	15.96%	0.06x	11.57x	$5.73 Million
2006	9.27%	14.03%	0.06x	10.58x	$-4.18 Million
2007	8.13%	12.17%	0.06x	10.34x	$-10.63 Million
2008	6.60%	11.24%	0.06x	9.84x	$-22.19 Million
2009	-3.14%	-5.75%	0.05x	10.09x	$-83.95 Million
2010	3.06%	7.24%	0.05x	7.75x	$-52.00 Million
2011	2.01%	5.28%	0.05x	7.70x	$-60.58 Million
2012	5.62%	14.75%	0.05x	8.04x	$-32.65 Million
2013	5.83%	15.56%	0.04x	8.73x	$-29.69 Million
2014	6.21%	16.90%	0.04x	8.88x	$-27.16 Million
2015	6.97%	18.89%	0.04x	9.13x	$-21.81 Million
2016	7.95%	21.12%	0.04x	8.91x	$-15.40 Million
2017	6.21%	16.67%	0.05x	8.23x	$-33.65 Million
2018	11.02%	28.22%	0.05x	8.03x	$9.96 Million
2019	9.98%	25.64%	0.05x	7.87x	$-233.50K
2020	6.87%	18.56%	0.04x	8.49x	$-33.41 Million
2021	12.46%	34.51%	0.04x	8.60x	$27.32 Million
2022	12.18%	29.90%	0.04x	9.32x	$22.97 Million
2023	11.95%	25.07%	0.05x	8.72x	$25.64 Million
2024	10.15%	20.38%	0.06x	8.24x	$2.06 Million
2025	9.80%	20.88%	0.06x	7.94x	$-3.14 Million

Industry Comparison

This section compares First Commonwealth Financial's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

Industry: Banks - Regional
Average net assets among peers: $552,557,300
Average return on equity (ROE) among peers: 11.02%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
First Commonwealth Financial (FCF)	$1.55 Billion	12.09%	6.94x	$1.90 Billion
Ameris Bancorp (ABCB)	$1.46 Billion	8.31%	6.86x	$4.95 Billion
Ameris Bancorp (ABCB)	$120.94 Million	10.83%	9.48x	$5.70 Billion
ACNB Corporation (ACNB)	$74.01 Million	9.97%	11.77x	$483.21 Million
Affinity Bancshares Inc (AFBI)	$129.12 Million	4.21%	5.71x	$135.98 Million
Alerus Financial Corp (ALRS)	$153.31 Million	13.22%	8.01x	$647.19 Million
Amalgamated Bank (AMAL)	$535.82 Million	8.62%	10.16x	$1.14 Billion
Amerant Bancorp Inc. (AMTB)	$901.22 Million	12.53%	7.48x	$962.39 Million
Arrow Financial Corporation (AROW)	$72.29 Million	17.85%	12.85x	$601.02 Million
Associated Banc-Corp (ASB)	$2.02 Billion	12.80%	9.17x	$5.20 Billion
AmeriServ Financial Inc (ASRV)	$65.10 Million	11.83%	10.90x	$62.60 Million

About First Commonwealth Financial

NYSE:FCF USA Banks - Regional

Market Cap

$1.90 Billion

Market Cap Rank

#6468 Global

#1908 in USA

Share Price

$18.46

Change (1 day)

+0.27%

52-Week Range

$15.29 - $18.91

All Time High

$19.41