First Commonwealth Financial Q1 Profit Up

(RTTNews) - First Commonwealth Financial Corp. (FCF) Tuesday reported first-quarter profit of $12.3 million or $0.13 per share, up from $10.55 million or $0.11 per share in the same period last year.

On average, five analysts polled by Thomson Reuters expected the company to earn $0.12 per share for the quarter. Analysts' estimates typically exclude special items.

Net-interest income for the quarter was $46.5 million, relatively flat with last year. Net-interest margin was 3.33 percent, compared to 3.45 percent last year. Non-interest income was relatively unchanged at $14.9 million.