← FIRST COMMONWEALTH FINANCIAL CORP /PA/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $59.6m |
$55.2m
-7.43%
|
$107.5m
+94.87%
|
$105.3m
-2.01%
|
$73.4m
-30.27%
|
$138.3m
+88.24%
|
$128.2m
-7.29%
|
$157.1m
+22.53%
|
$142.6m
-9.23%
|
$152.3m
+6.82%
|
— | |
| Depreciation, Amortization and Accretion, Net | $7.1m | $9.0m | $8.0m | $10.4m | $11.7m | $11.4m | $10.6m | $4.1m | $5.7m | $6.6m | $6.4m | |
| Amortization of Debt Issuance Costs | — | — | — | — | — | — | — | — | $369k | $0 | — | |
| Amortization of Intangible Assets | $547k | $3.1m | $3.2m | $3.3m | $3.7m | $3.5m | $3.2m | $5.0m | $5.0m | $5.5m | — | |
| Deferred Income Tax Expense (Benefit) | $5.6m | $19.2m | $3.6m | $2.3m | ($5.2m) | $1.6m | ($2.0m) | $7.4m | $3.4m | $3.0m | $752k | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | ($1.2m) | ($1.8m) | — | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Net Cash Provided by (Used in) Operating Activities | $89.3m |
$88.3m
-1.08%
|
$135.3m
+53.18%
|
$107.6m
-20.43%
|
$105.7m
-1.80%
|
$165.0m
+56.15%
|
$151.4m
-8.26%
|
$150.8m
-0.43%
|
$129.5m
-14.13%
|
$187.5m
+44.86%
|
$153.4m
-18.20%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $7.1m | $10.4m | $9.6m | $17.4m | $7.6m | $10.6m | $11.2m | $22.0m | $15.5m | $16.1m | ($17.6m) | |
| Equipment Expense | $11.6m | $13.5m | $14.2m | $15.2m | $15.4m | $15.6m | $15.6m | $17.3m | $17.5m | $18.2m | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $168.2m | $148.6m | $140.7m | $189.2m | $472.3m | $433.9m | $145.6m | $98.3m | $232.9m | $281.2m | — | |
| Debt Securities, Realized Gain (Loss) | — | — | — | — | — | — | $2k | ($103k) | ($5.4m) | ($4.3m) | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | ($479.5m) | ($3.2m) | ($705k) | ($332.5m) | $0 | $0 | — | ($14.5m) | $0 | ($4.7m) | — | |
| Net Cash Provided by (Used in) Investing Activities | $493.8m | ($52.8m) | ($347.7m) | $122.9m | ($483.1m) | ($565.3m) | ($588.8m) | ($574.3m) | ($121.7m) | ($388.2m) | ($323.8m) | |
| Cash flows from financing activities: | ||||||||||||
| Debt and Equity Securities, Gain (Loss) | — | — | $8.1m | $22k | $70k | $16k | $2k | ($103k) | — | — | — | |
| Proceeds from Issuance of Long-term Debt | $0 | $0 | $98.0m | $50.0m | $0 | $0 | $0 | $0 | $127.0m | $0 | $0 | |
| Payments for Repurchase of Common Stock | $864k | $1.5m | $26.2m | $6.3m | $20.9m | $31.3m | $15.6m | $15.0m | $12.6m | $35.8m | — | |
| Dividends paid | $24.9m | $30.5m | $34.8m | $39.4m | $43.0m | $43.6m | $44.6m | $50.8m | $52.6m | $55.5m | ($53.9m) | |
| Payments of Dividends | $24.9m | $30.5m | $34.8m | $39.4m | $43.0m | $43.6m | $44.6m | $50.8m | $52.6m | $55.5m | ($53.9m) | |
| Net Cash Provided by (Used in) Financing Activities | ($536.8m) |
($43.9m)
+91.82%
|
$204.1m
+565.09%
|
($207.7m)
-201.73%
|
$612.2m
+394.78%
|
$439.1m
-28.28%
|
$196.2m
-55.30%
|
$416.3m
+112.11%
|
($21.3m)
-105.12%
|
$247.6m
+1261.32%
|
$142.3m
-42.56%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($8.4m) | ($8.3m) | $22.9m | $234.7m | $38.8m | ($241.1m) | ($7.3m) | ($13.6m) | $47.0m | $160.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $356.6m | $395.4m | $154.2m | $147.0m | $133.4m | $180.4m | $160.2m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | — | — | — | — | $56.7m | ($1.4m) | $21.1m | $14.8m | $29.2m | $36.7m | $35.5m | |
| Bank Owned Life Insurance Income | $5.4m | $5.7m | $6.7m | $6.0m | $6.6m | $6.4m | $5.5m | $4.9m | $6.4m | $6.9m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $56.0m | $34.0m | $15.6m | $16.4m | $139.9m | $220.2m | $207.5m | — | |
| Income Taxes Paid, Net | $19.9m | $27.9m | $23.8m | $21.8m | $25.9m | $22.4m | $34.3m | $37.5m | $32.2m | $34.7m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | $219k | ($473k) | $787k | ($269k) | ($2.5m) | $2.3m | $368k | $14k | ($46k) | ($126k) | — | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | $0 | $0 | — | — | $0 | $0 | $5.7m | $5.1m | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | — | — | $0 | $0 | ($5.7m) | $5.1m | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | — | — | $0 | $0 | $5.7m | $5.1m | — | |
| Gain (Loss) on Disposition of Assets | $1.4m | $1.8m | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Mortgage Loans | $4.1m | $5.4m | $5.4m | $7.8m | $18.8m | $13.6m | $5.3m | $4.0m | $5.8m | $7.3m | — | |
| Gain (Loss) on Termination of Lease | — | — | — | — | $700k | — | — | — | — | — | — | |
| Goodwill | $186.5m | $255.4m | $274.2m | $303.3m | $303.3m | $303.3m | $303.3m | $363.7m | $363.7m | $378.2m | — | |
| Income Tax Expense (Benefit) | $25.6m | $48.6m | $25.3m | $25.5m | $16.8m | $34.6m | $32.0m | $40.5m | $35.6m | $39.1m | — | |
| Operating Lease, Expense | — | — | — | — | — | — | $4.7m | $5.9m | $5.9m | $5.6m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $46k | ($77k) | ($7k) | $0 | $0 | — | — | — | — | — | — |