First Commonwealth Financial Corporation reported its first quarter 2025 results, highlighting a diversified balance sheet and stable revenue streams. The company achieved a core pre-tax pre-provision income of $46.9 million. The core earnings per share $(EPS)$ was reported at $0.32, aligning with consensus analyst estimates but reflecting a decrease of $0.03 from the previous quarter. Total loans experienced an increase of $99.0 million, or 4.4% annualized, compared to the previous quarter. Meanwhile, total deposits grew by $183.6 million, or 7.7% annualized, from the prior quarter. The net interest margin improved, rising by eight basis points to reach 3.62%. The company reported $5.6 billion in available liquidity and excess capital amounting to $342.0 million. The tangible common equity (TCE) ratio was noted at 9.3%. Reserve coverage ratio stood at 1.32%. These financial metrics demonstrate First Commonwealth's continued focus on maintaining a strong and resilient financial position.
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