Primera Commonwealth Financial Corporation (FCF): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

First Commonwealth Financial Corporation (FCF) se erige como una potencia financiera dinámica, navegando estratégicamente el intrincado panorama de la banca regional con un modelo de negocio meticulosamente elaborado que combina sin problemas los servicios financieros tradicionales con soluciones digitales innovadoras. Al aprovechar su presencia profundamente arraigada en los mercados de Pensilvania y Ohio, FCF ha desarrollado un enfoque integral que va más allá de la mera banca transaccional, enfocándose en su lugar en crear experiencias financieras personalizadas y basadas en relaciones que satisfacen las necesidades únicas de las empresas locales, las personas y Entidades comunitarias. Este plan estratégico revela cómo FCF transforma la banca de un servicio mundano en una asociación personalizada y basada en el valor que capacita a sus diversos segmentos de clientes.

First Commonwealth Financial Corporation (FCF) - Modelo de negocios: asociaciones clave

Bancos regionales e instituciones financieras de colaboración

First Commonwealth Financial Corporation mantiene asociaciones estratégicas con instituciones financieras regionales en los mercados de Pensilvania y Ohio.

Tipo de socio	Número de asociaciones	Cobertura geográfica
Bancos regionales	12	Pennsylvania, Ohio
Instituciones financieras comunitarias	8	Región del medio oeste

Asociaciones de proveedores de seguros

FCF colabora con múltiples proveedores de seguros para ofrecer servicios financieros integrales.

• Asociación de seguro nacional
• Erie Insurance Group Collaboration
• Acuerdo de servicios financieros de la granja estatal

Proveedores de tecnología para banca digital

First Commonwealth invierte en asociaciones de tecnología estratégica para mejorar las capacidades de banca digital.

Socio tecnológico	Servicio proporcionado	Año de implementación
Fiserv, Inc.	Plataforma bancaria central	2022
Jack Henry & Asociado	Soluciones de banca digital	2023

Asociaciones locales de redes comerciales

FCF se involucra activamente con las redes comerciales locales en los mercados de Pensilvania y Ohio.

• Cámara de Comercio Metropolitana de Pittsburgh
• Mesa redonda de negocios de Ohio
• Colaboración del Centro de datos regional de Western Pennsylvania

Socios de servicio hipotecario y préstamos

First Commonwealth mantiene asociaciones de préstamos estratégicos para expandir las ofertas de servicios financieros.

Tipo de socio	Enfoque de asociación	Volumen de transacción anual
Socios de préstamos hipotecarios	Originación de la hipoteca residencial	$ 245 millones
Red de préstamos para pequeñas empresas	Facilitación de préstamos comerciales	$ 187 millones

First Commonwealth Financial Corporation (FCF) - Modelo de negocio: actividades clave

Servicios de banca minorista y comercial

First Commonwealth Financial Corporation opera 169 oficinas bancarias comunitarias en Pensilvania, Ohio e Indiana a partir de 2024. El banco ofrece una gama integral de servicios bancarios con activos totales de $ 22.5 mil millones y depósitos totales de $ 16.3 mil millones.

Categoría de servicio bancario	Número de servicios	Volumen de transacción anual
Cuentas corrientes personales	37 tipos de cuenta distintos	1,2 millones de transacciones
Cuentas corrientes de negocios	22 opciones de cuenta comercial	750,000 transacciones

Aviso de gestión de patrimonio e inversiones

First Commonwealth ofrece servicios de gestión de patrimonio con $ 4.2 mil millones en activos bajo administración a partir del cuarto trimestre de 2023.

• Servicios de asesoramiento de inversiones para clientes individuales e institucionales
• Soluciones de planificación de jubilación
• Gestión de cartera
• Consulta de planificación financiera

Originación de préstamo y suscripción de crédito

El banco mantiene una sólida cartera de préstamos con préstamos totales de $ 16.1 mil millones a partir de 2024.

Categoría de préstamo	Monto total del préstamo	Porcentaje de cartera
Préstamos comerciales	$ 7.3 mil millones	45.3%
Préstamos hipotecarios residenciales	$ 5.6 mil millones	34.8%
Préstamos al consumo	$ 3.2 mil millones	19.9%

Desarrollo de la plataforma de banca digital

First Commonwealth ha invertido significativamente en la infraestructura bancaria digital con 312,000 usuarios de banca digital activo en 2024.

• Aplicación de banca móvil
• Plataforma bancaria en línea
• Soluciones de pago digital
• Servicios de declaración electrónica

Consulta y apoyo financiero del cliente

El banco mantiene 1.750 empleados a tiempo completo dedicados al servicio al cliente y la consulta financiera en sus regiones operativas.

Canal de soporte	Volumen de interacción anual	Tiempo de respuesta promedio
Consultas de sucursal	425,000 interacciones	17 minutos
Soporte telefónico	612,000 llamadas	4.5 minutos
Soporte en línea	287,000 interacciones digitales	2.3 horas

First Commonwealth Financial Corporation (FCF) - Modelo de negocio: recursos clave

Red de sucursales regionales sólidas en Pensilvania

A partir de 2024, First Commonwealth Financial Corporation opera 137 oficinas bancarias totales ubicadas principalmente en Pensilvania. La red de sucursales abarca 36 condados con presencia concentrada en las regiones occidentales y centrales de Pensilvania.

Cobertura geográfica	Número de ramas
Condados de Pensilvania atendidos	36
Oficinas bancarias totales	137

Equipo experimentado de gestión financiera

El equipo de liderazgo ejecutivo comprende profesionales con un promedio de 22 años de experiencia bancaria. Las posiciones clave de liderazgo incluyen:

• Presidente y CEO con 28 años de experiencia en el sector financiero
• Director Financiero con 19 años en banca
• Director de Operaciones con 25 años de experiencia en la industria

Tecnología de banca digital patentada

First Commonwealth ha invertido $ 12.3 millones en infraestructura de banca digital en 2023. Las plataformas de banca digital incluyen:

• Aplicación de banca móvil
• Sistema de procesamiento de transacciones en línea
• Protocolos avanzados de ciberseguridad

Base de depósito de cliente sustancial

Categoría de depósito	Cantidad total
Depósitos totales	$ 7.9 mil millones
Depósitos de cojinete sin interés	$ 1.2 mil millones
Depósitos con intereses	$ 6.7 mil millones

Infraestructura robusta de gestión de riesgos

Asignación de presupuesto de gestión de riesgos para 2024: $ 8.5 millones. Los componentes clave de gestión de riesgos incluyen:

• Sistemas integrales de evaluación de riesgos de crédito
• Tecnologías avanzadas de detección de fraude
• Plataformas de monitoreo de cumplimiento regulatorio

First Commonwealth Financial Corporation (FCF) - Modelo de negocio: propuestas de valor

Soluciones bancarias personalizadas para comunidades locales

First Commonwealth Financial Corporation atiende a 68 oficinas de banca comunitaria en Pensilvania y Ohio a partir de 2023. El banco brinda servicios financieros específicos con un enfoque regional.

Categoría de servicio	Área de cobertura	Número de oficinas
Banca comunitaria	Pensilvania y Ohio	68

Tasas de interés competitivas sobre préstamos y depósitos

A partir del cuarto trimestre de 2023, First Commonwealth ofrece tarifas competitivas en varios productos financieros.

Tipo de producto	Tasa de interés promedio
Cuentas de ahorro personal	0.75% - 1.25%
Cuentas corrientes personales	0.10% - 0.50%
Préstamos personales	6.99% - 12.99%

Servicios integrales de planificación financiera

• Aviso de gestión de patrimonio
• Planificación de jubilación
• Gestión de la cartera de inversiones
• Productos de seguro

Experiencias de banca digital fácil de usar

Métricas de plataforma de banca digital para 2023:

Servicio digital	Tasa de adopción de usuarios
Aplicación de banca móvil	72%
Banca en línea	85%
Pago de factura digital	63%

Enfoque de servicio al cliente centrado en la relación

Métricas de satisfacción del cliente para 2023:

Métrico de servicio	Actuación
Tasa de retención de clientes	87%
Puntuación del promotor neto	62

First Commonwealth Financial Corporation (FCF) - Modelo comercial: relaciones con los clientes

Gestión de la relación bancaria personal

A partir de 2024, First Commonwealth Financial Corporation mantiene 139 ubicaciones de centros financieros en Pensilvania, Ohio e Indiana. El banco atiende aproximadamente 453,000 cuentas de clientes con un enfoque dedicado a las relaciones bancarias personalizadas.

Segmento de clientes	Enfoque de gestión de relaciones	Frecuencia promedio de interacción con el cliente
Banca personal	Aviso financiero personalizado	4-6 interacciones por año
Banca de negocios	Gerentes de relaciones dedicadas	8-12 interacciones por año

Soporte bancario en línea y móvil

First Commonwealth ofrece servicios de banca digital con las siguientes métricas:

• Descargas de aplicaciones de banca móvil: 187,000
• Usuarios activos de banca en línea: 276,000
• Volumen de transacciones digitales: 3.2 millones de transacciones mensuales

Asesoramiento financiero orientado a la comunidad

El banco proporciona educación financiera y asesoramiento a través de:

Tipo de asesoramiento	Participantes anuales	Duración de la sesión promedio
Talleres financieros de la comunidad	1.247 participantes	90 minutos
Seminarios financieros de pequeñas empresas	623 participantes	120 minutos

Gerentes de relaciones dedicadas para clientes comerciales

First Commonwealth emplea a 87 gerentes de relaciones comerciales especializadas que cubren segmentos de banca comercial, de mercado medio y corporativo.

Talleres regulares de educación financiera

El banco realiza programas de educación financiera en sus regiones de servicio:

• Talleres anuales totales: 76
• Temas del taller: planificación de jubilación, estrategias de inversión, compra de viviendas
• Distribución del taller en línea y en persona: 60% en persona, 40% digital

First Commonwealth Financial Corporation (FCF) - Modelo de negocios: canales

Red de sucursales físicas

First Commonwealth Financial Corporation opera 169 oficinas de banca comunitaria en Pensilvania, Ohio e Indiana a partir de 2023.

Estado	Número de ramas
Pensilvania	112
Ohio	37
Indiana	20

Plataforma bancaria en línea

La plataforma digital atiende a aproximadamente 148,000 usuarios activos de banca en línea a partir del cuarto trimestre de 2023.

• Plataforma basada en la web disponible 24/7
• Gestión de cuentas seguras
• Servicios de pago de facturas
• Seguimiento del historial de transacciones

Aplicación de banca móvil

La aplicación de banca móvil de First Commonwealth se ha descargado 87,500 veces con una calificación de usuario de 4.2/5 en las tiendas de aplicaciones.

Plataforma	Descargar estadísticas
Tienda de aplicaciones de iOS	52,300
Google Play Store	35,200

Atención al cliente telefónica

El centro de atención al cliente maneja aproximadamente 78,000 interacciones de clientes mensualmente con un tiempo de respuesta promedio de 3.5 minutos.

• Línea de soporte sin peaje
• Horas de operación extendidas
• Soporte multilingüe

Red de cajeros automáticos

First Commonwealth mantiene 230 ubicaciones de cajeros automáticos en sus regiones operativas.

Tipo de cajero automático	Número de máquinas
Cajeros automáticos	175
ATM de red de socios	55

First Commonwealth Financial Corporation (FCF) - Modelo de negocios: segmentos de clientes

Empresas pequeñas a medianas en Pensilvania

A partir del cuarto trimestre de 2023, First Commonwealth Financial Corporation atiende a aproximadamente 5.200 empresas pequeñas a medianas en Pensilvania.

Fabricación

Servicios profesionales

Minorista

Cuidado de la salud

Segmento de negocios	Número de clientes	Tamaño promedio del préstamo
1,350	$425,000

Clientes de banca minorista individual

First Commonwealth atiende a 213,000 clientes de banca minorista individual en sus regiones operativas.

• Cuentas corrientes personales: 127,500
• Cuentas de ahorro: 85,500
• Edad promedio del cliente: 42 años

Entidades municipales y gubernamentales locales

El banco brinda servicios financieros a 87 entidades municipales y gubernamentales locales en Pensilvania.

Tipo de entidad	Número de clientes
Gobiernos del condado	22
Municipios municipales	45
Distritos escolares	20

Clientes de gestión de patrimonio

First Commonwealth administra $ 1.2 mil millones en activos de gestión de patrimonio a diciembre de 2023.

• Total de clientes de gestión de patrimonio: 6.750
• Valor promedio de la cartera del cliente: $ 177,800
• Clientes de alto patrimonio neto (> $ 1M): 425

Clientes de préstamos comerciales

Portafolio de préstamos comerciales Totales de $ 3.8 mil millones en préstamos pendientes para el cuarto trimestre de 2023.

Categoría de préstamo	Monto total del préstamo	Número de clientes
Inmobiliario comercial	$ 1.95 mil millones	620
Líneas de crédito de negocios	$ 1.25 mil millones	890
Financiación de equipos	$ 550 millones	340

First Commonwealth Financial Corporation (FCF) - Modelo de negocio: Estructura de costos

Gastos de operación de rama

First Commonwealth Financial Corporation opera 169 oficinas de banca comunitaria de servicio completo en Pensilvania, Ohio, y Massachusetts a partir de 2023. Los gastos de operación anuales de la sucursal para 2023 fueron de $ 78.4 millones, que incluyen alquiler, servicios públicos, mantenimiento y costos de personal.

Alquiler de ramas

Utilidades de rama

Mantenimiento de ramas

Categoría de gastos	Costo anual
$ 22.6 millones
$ 5.3 millones
$ 8.9 millones

Mantenimiento de la infraestructura tecnológica

Los costos de mantenimiento de la infraestructura tecnológica para FCF en 2023 totalizaron $ 45.2 millones, cubriendo plataformas bancarias digitales, ciberseguridad y sistemas de TI.

• Inversiones de ciberseguridad: $ 12.7 millones
• Mantenimiento de la plataforma de banca digital: $ 18.5 millones
• Infraestructura de red y hardware: $ 14 millones

Compensación y beneficios de los empleados

La compensación total de los empleados y los beneficios para 2023 fueron de $ 237.6 millones para aproximadamente 2,100 empleados.

Componente de compensación	Costo anual
Salarios base	$ 168.3 millones
Beneficios de atención médica	$ 32.4 millones
Planes de jubilación y pensiones	$ 36.9 millones

Costos de cumplimiento regulatorio

Los gastos de cumplimiento regulatorio para First Commonwealth Financial Corporation en 2023 ascendieron a $ 24.6 millones.

• Salarios del personal legal y de cumplimiento: $ 9.2 millones
• Sistemas de informes regulatorios: $ 7.8 millones
• Consultoría de cumplimiento externo: $ 7.6 millones

Gastos de marketing y adquisición de clientes

Los costos de marketing y adquisición de clientes para 2023 fueron de $ 16.3 millones.

Canal de marketing	Gastos
Marketing digital	$ 6.7 millones
Publicidad de medios tradicional	$ 5.2 millones
Patrocinios comunitarios	$ 4.4 millones

First Commonwealth Financial Corporation (FCF) - Modelo de negocios: flujos de ingresos

Ingresos por intereses de préstamos

Para el año fiscal 2023, First Commonwealth Financial Corporation reportó ingresos por intereses totales de $ 422.8 millones. El desglose de la cartera de préstamos incluye:

Categoría de préstamo	Saldo total del préstamo	Ingresos por intereses
Préstamos comerciales	$ 3.2 mil millones	$ 168.5 millones
Préstamos hipotecarios residenciales	$ 2.7 mil millones	$ 142.3 millones
Préstamos al consumo	$ 1.1 mil millones	$ 62.4 millones

Tarifas de servicio bancario

Las tarifas de servicio bancario para 2023 totalizaron $ 87.6 millones, con las siguientes categorías de tarifas:

• Tarifas de mantenimiento de la cuenta: $ 24.3 millones
• Tarifas de transacción: $ 33.5 millones
• Tarifas de sobregiro: $ 15.8 millones
• Otras tarifas de servicios bancarios: $ 14.0 millones

Tarifas de asesoramiento de gestión de patrimonio

Los servicios de asesoramiento de gestión de patrimonio generaron $ 53.4 millones en ingresos para 2023:

Categoría de servicio	Ganancia
Planificación financiera	$ 22.1 millones
Aviso de inversión	$ 18.6 millones
Planificación de jubilación	$ 12.7 millones

Comisiones de origen de la hipoteca

Las comisiones de origen de la hipoteca para 2023 ascendieron a $ 41.2 millones:

• Originaciones de hipotecas residenciales: $ 35.6 millones
• Originaciones de hipotecas comerciales: $ 5.6 millones

Ventas de productos de inversión

Los ingresos por ventas de productos de inversión para 2023 alcanzaron $ 67.9 millones:

Producto de inversión	Ingresos por ventas
Fondos mutuos	$ 28.3 millones
Anualidades	$ 22.6 millones
Servicios de corretaje	$ 17.0 millones

First Commonwealth Financial Corporation (FCF) - Canvas Business Model: Value Propositions

You're looking at the core promises First Commonwealth Financial Corporation makes to its customers and investors as of late 2025. It's all about a blend of broad capability and local presence, backed by a commitment to shareholder value.

Full-service financial suite: banking, mortgage, wealth, and insurance

First Commonwealth Financial Corporation delivers a comprehensive set of financial tools through its subsidiaries, First Commonwealth Bank and First Commonwealth Insurance Agency. This means you can handle most of your financial life in one place.

Service Category	Specific Offerings Mentioned
Banking	Commercial banking, consumer banking
Lending/Credit	Mortgage, equipment finance
Advisory/Asset Management	Wealth management
Protection	Insurance services

Regional focus providing community-based, personalized service

The footprint is intentionally concentrated in the Mid-Atlantic and Midwest, emphasizing local market knowledge. This isn't a national bank trying to be local; it's a local bank that grew regionally.

The company operates 127 community banking offices across 30 counties in western and central Pennsylvania and throughout Ohio. Commercial lending operations are specifically noted in Pittsburgh, Harrisburg, Canton, Cleveland, Columbus, and Cincinnati. To be fair, the headquarters remains firmly planted in Indiana, Pennsylvania.

Convenience via over 55,000 fee-free ATMs nationwide

While the physical branch network is regional, the access to cash is broad. You get free access to a massive network, which is a key convenience factor for customers on the move.

• Access to more than 55,000 fee-free ATMs.
• Access through the Allpoint^TM and Freedom Alliance^TM Networks.

Expanding digital features for high customer satisfaction and productivity

The bank supports its physical presence with modern digital tools. You can bank by phone, online, or using a smartphone application. The mobile offering includes apps for both Android and iOS platforms. The core efficiency ratio improved to 52.3% in Q3 2025, showing operational focus, which helps fund these digital enhancements.

Disciplined capital return to shareholders via dividends and buybacks

First Commonwealth Financial Corporation shows a consistent pattern of returning capital, which is a strong signal of management confidence in the balance sheet. This isn't a one-off; it's a framework.

Here's the quick math on recent capital actions announced in late 2025:

• Authorized a new share repurchase program for $25 million on December 1, 2025.
• Completed a prior repurchase program for $25.0 million in Q4 2025, retiring 1,560,477 shares (about 1.5% of stock).
• The company has raised its dividend for 9 straight years.
• The quarterly cash dividend declared in Q3 2025 was $0.135 per share.
• As of early December 2025, the stock offered a 3.32% dividend yield.

The Q3 2025 results showed total shareholder's equity increased by $24.1 million from the prior quarter, which included a net of $10.5 million used for share repurchases.

First Commonwealth Financial Corporation (FCF) - Canvas Business Model: Customer Relationships

You're looking at how First Commonwealth Financial Corporation keeps its customers close, balancing the traditional community feel with the necessary digital push. The core of their relationship strategy is definitely about having a person you can call when things get complicated.

Relationship-based banking through dedicated commercial and wealth advisors is the bedrock, especially for business clients. This high-touch approach is supported by the bank's physical footprint, which as of mid-2025 included 127 community banking offices across western and central Pennsylvania and Ohio. This physical presence supports the dedicated advisory teams. The focus on core banking momentum is clear in the Q3 2025 results, where loans grew by 5.7% and average deposits increased by 4.0% year-over-year.

The commitment to high-touch, in-person service at community branch locations remains a differentiator against purely digital players. The company's operational efficiency, reflected in a core efficiency ratio of 52.3% for Q3 2025, shows they are managing the cost of this physical network effectively.

For the everyday customer, digital self-service via mobile app and online portals is a major focus, with the goal of achieving over 70% retail adoption. The management team views continued progress in digital banking as a key catalyst for the near term. This digital push helps manage costs, as seen by the Net Interest Margin expanding to 3.92% in Q3 2025, partly due to a lower cost of deposits at 1.84%.

The relationship extends to market transparency. First Commonwealth Financial Corporation provides proactive communication on credit quality and market conditions, which is evident in the detailed quarterly earnings calls featuring the Chief Credit Officer. For instance, management disclosed details on isolated credit issues, such as a dealer floor plan customer resulting in $12.2 million in net charge-offs in Q3 2025.

The firm is actively investing in customer-facing digital enhancements for defintely better experience. This investment is part of the strategy to drive fee income and maintain competitiveness against fintechs. The company's commitment to shareholder value, which reinforces customer confidence, is seen in the declaration of a $0.135 per share quarterly dividend for Q3 2025, and the authorization of a new $25.0 million share repurchase program in December 2025.

Here's a look at some key operational and relationship-supporting metrics as of mid-to-late 2025:

Metric Category	Specific Data Point	Value/Amount	Date/Period
Physical Footprint	Community Banking Offices	127	Late 2025
Digital Adoption Goal	Retail Adoption Target (Mobile/Online)	Over 70%	Late 2025 Context
Operational Efficiency	Core Efficiency Ratio	52.3%	Q3 2025
Asset Quality Communication	Net Charge-offs	$12.2 million	Q3 2025
Staffing for Relationships	Full Time Equivalent Staff	1,562	June 30, 2025
Capital Return/Confidence	New Share Repurchase Authorization	$25.0 million	December 2025

The relationship strategy is supported by clear financial health indicators:

• Net Interest Margin (NIM) reached 3.92% in Q3 2025.
• Loan growth was 5.7% in Q3 2025.
• Average deposits grew by 4.0% in Q3 2025.
• Quarterly dividend declared was $0.135 per share.
• Core pre-tax, pre-provision Return on Average Assets (ROAA) grew to 2.05%.

If you're managing a commercial relationship, you'll want to know that the bank's core ROAA is showing improvement, which means the underlying business is healthy enough to support those dedicated advisors. Finance: draft 13-week cash view by Friday.

First Commonwealth Financial Corporation (FCF) - Canvas Business Model: Channels

First Commonwealth Financial Corporation deploys a multi-channel strategy to reach its retail and business clients across its operating footprint in Pennsylvania and Ohio.

The core physical presence is anchored by its community banking offices. First Commonwealth Financial Corporation operates a network of 127 community banking offices throughout western and central Pennsylvania and Ohio as of late 2025.

The distribution of physical and specialized offices is detailed below:

Channel Type	Location Detail	Number/Count
Community Banking Offices	Total across PA and OH	127
Commercial Lending Operations	Pittsburgh, PA; Canton, OH; Cleveland, OH; Columbus, OH; Cincinnati, OH	5 Major Cities
Business Banking Centers	Pittsburgh, PA; Harrisburg, PA; Cleveland, OH; Canton, OH; Cincinnati, OH; Columbus, OH	6 Major Cities
Mortgage Offices	Wexford, PA; Hudson, OH; Lewis Center, OH	3 Locations

The company emphasizes digital access as a key catalyst for its ongoing strategy. You can interact with First Commonwealth Financial Corporation through its digital platforms.

• Digital banking access via mobile app and online portal for retail and business clients.
• Fee-free ATM access is provided through participation in the AllpointTM network, which has more than 55,000 ATMs worldwide, and the Freedom AllianceTM Network.

Beyond standard banking, First Commonwealth Financial Corporation uses dedicated offices to deliver specialized services to clients.

• First Commonwealth Insurance Agency provides insurance products.
• Wealth management services are offered through dedicated offices.

The company's Q1 2025 results showed annualized loan growth of 4.4%, reflecting activity across its commercial lending and indirect auto businesses, which are supported by these specialized channels.

First Commonwealth Financial Corporation (FCF) - Canvas Business Model: Customer Segments

First Commonwealth Financial Corporation serves a defined set of customer segments across its primary operating regions of western and central Pennsylvania and Ohio. The company maintains a physical presence with 130 community banking offices as of the third quarter of 2025, supported by 1,548 employees.

Retail Consumers

This segment includes individuals seeking core banking services. The deposit base reflects a strong retail component, described by management as a granular depository with 'lots of households'. At the end of June 2025, 60% of total deposits were interest-bearing transaction and savings deposits. The total deposit base stood at $10,316,964 thousand as of September 30, 2025. Residential mortgages are a key offering within this segment, alongside checking and savings accounts.

Commercial Clients

First Commonwealth Financial Corporation targets businesses with commercial banking solutions. The loan portfolio composition as of September 30, 2025, shows significant exposure to commercial and real estate-related lending. Commercial and industrial loans totaled $1,745,829 thousand. Loans secured by real estate, which includes commercial real estate, amounted to $6,257,455 thousand. In the first quarter of 2025, commercial loans drove growth, accounting for 64% of the total quarterly loan increase of $99,000 thousand. The company also provides equipment finance services to this segment.

Here's a quick look at the loan book segmentation as of late Q3 2025:

Loan Category (as of 9/30/2025)	Amount (in thousands USD)
Total Net Loans & Leases	9,558,683
Loans secured by real estate	6,257,455
Commercial and industrial loans	1,745,829
Loans to individuals - Other	1,375,301
Loans to individuals - Credit Cards	9,329

The loan portfolio grew by 6.5% in the first half of 2025.

Wealth Management Clients

High-net-worth individuals are served through wealth management offerings. These services include investment and trust services. The company operates through its subsidiaries to deliver these specialized financial solutions. Specific Assets Under Management (AUM) figures for late 2025 are not publicly detailed in the latest reports.

• Investment Management services offered.
• Trust and Estate Planning capabilities available.

Insurance Clients

This segment comprises individuals and businesses utilizing the agency subsidiary for insurance needs. First Commonwealth Insurance Agency provides these products and services.

The key operational metrics supporting these segments as of mid-to-late 2025 include:

• Total Assets: $12,279,028 thousand (Q3 2025).
• Total Deposits: $10,316,964 thousand (Q3 2025).
• Net Interest Margin (NIM): 3.9% (Q3 2025).
• Core Efficiency Ratio: 52.3% (Q3 2025).

If onboarding takes 14+ days, churn risk rises, especially for new commercial relationships.

Finance: draft 13-week cash view by Friday.

First Commonwealth Financial Corporation (FCF) - Canvas Business Model: Cost Structure

You're looking at the core expenses First Commonwealth Financial Corporation is managing to deliver value. For a bank, the cost structure is dominated by funding costs and operational overhead. Here's the quick math on what drove costs in the third quarter of 2025.

Interest Expense: Cost of Deposits

The cost of funding your balance sheet is paramount. For First Commonwealth Financial Corporation in Q3 2025, you saw a positive trend in deposit pricing discipline. The cost of deposits fell 7 basis points compared to the prior quarter, ending the period at 1.84%. This improvement in funding costs helped the Net Interest Margin expand by 9 basis points to 3.92%.

Noninterest Expense: Operational Costs

Operational costs, what we call Noninterest Expense, were managed tightly. Excluding merger-related costs, the total noninterest expense for the third quarter of 2025 was $72.7 million. This figure represented a slight sequential increase of $0.4 million from the second quarter of 2025, showing relatively good control over day-to-day operations.

Personnel Costs and Staffing

Personnel is a major component of that noninterest expense. At the end of Q3 2025, First Commonwealth Financial Corporation maintained a staff of 1,548 FTE (Full-Time Equivalent) employees. The core non-interest expense saw a slight quarter-over-quarter uptick of $350,000, which management attributed largely to salary expense driven by increased incentive accruals based on recent loan growth performance.

Provision for Credit Losses

This is the expense set aside to cover expected loan defaults, and it was a notable item in Q3 2025. The Provision for Credit Losses recorded for the quarter was $11.3 million. This represented an increase of $2.4 million from the previous quarter, reflecting rising expectations of future loan defaults, partly due to an isolated dealer floor plan fraud incident.

Technology and Occupancy

Investment in the physical footprint and digital capabilities forms the rest of the operational cost base. You have to keep the lights on and the digital tools running. While specific Q3 2025 technology spend isn't isolated here, we see related components within the expense change:

• Advertising and promotional expense increased by $0.5 million quarter-over-quarter.
• Intangible amortization increased by $0.3 million quarter-over-quarter.
• Occupancy expense was mentioned as decreasing by $0.8 million in the prior quarter (Q2 2025), suggesting ongoing management of the branch network maintenance.

To give you a clearer picture of the major cost drivers for the quarter ended September 30, 2025, look at this breakdown:

Cost Component	Q3 2025 Amount/Metric	Context/Comparison
Noninterest Expense (Excl. Merger)	$72.7 million	Increased $0.4 million from Q2 2025
Provision for Credit Losses (Core)	$11.3 million	Increased $2.4 million from Q2 2025
Cost of Deposits	1.84%	Fell 7 basis points from Q2 2025
Full Time Equivalent (FTE) Staff	1,548	Down from 1,562 at June 30, 2025
Net Charge-offs (Annualized)	0.51% of average loans	Up from 0.12% in Q2 2025

The core efficiency ratio for First Commonwealth Financial Corporation improved to 52.30% in Q3 2025, down from 54.06% in the previous quarter, which shows that despite the increase in provision expense, the operational cost control helped profitability.

Finance: draft 13-week cash view by Friday.

First Commonwealth Financial Corporation (FCF) - Canvas Business Model: Revenue Streams

You're looking at how First Commonwealth Financial Corporation brings in the money, which for a bank like FCF, boils down to two main buckets: what they earn on their loans versus what they collect in fees. It's about the spread and the service charges, plain and simple.

The core engine for First Commonwealth Financial Corporation remains the interest earned on its assets, net of what it pays out on deposits. For the third quarter of 2025, the Net Interest Income (NII), which is that primary revenue source, landed at $111.5 million. This figure shows the bank is still heavily reliant on its lending book to drive earnings.

To give you a clearer picture of the quarterly revenue breakdown as of Q3 2025, here's how the main components stack up:

Revenue Component	Q3 2025 Amount (in millions USD)
Net Interest Income (NII)	$111.5
Noninterest Income (Excluding Securities Gains/Losses)	$24.5
Implied Total Revenue from Core Streams	$136.0
Reported Total Quarterly Revenue	$135.98

The Net Interest Margin (NIM), which is the key metric showing the profitability of that interest-earning activity, expanded nicely in the third quarter of 2025 to reach 3.92%. That's a sign of effective asset pricing relative to deposit costs, even with the macro environment shifting.

Beyond the interest spread, the fee-based side of the business contributes significantly. This Noninterest Income stream is built on several activities:

• Fee income from wealth management operations.
• Revenue generated through insurance services.
• Income derived from various service charges levied on accounts.

The reported total for this segment, excluding any one-time security gains or losses, was $24.5 million for the quarter. This provides a stabilizing, albeit smaller, portion of the overall top line.

When you put it all together, the Total Quarterly Revenue reported by First Commonwealth Financial Corporation for Q3 2025 was $135.98 million. This number is the sum of the interest income engine and the fee-based services.

The specific income derived directly from the loan book-the Loan Interest-is embedded within the NII figure. This income is generated across their key lending areas:

• Income derived from the commercial loan portfolio.
• Interest earned on residential mortgage lending.
• Yields on the consumer loan portfolio.

The expansion of the NIM to 3.92% in Q3 2025 suggests that the yield on these loan types is performing well against the cost of funds. That's the real story behind the $111.5 million NII result.