First Commonwealth Financial Corporation (NYSE:FCF) Q3 2021 Earnings Conference Call October 27, 2021 2:00 PM ET Company Participants Ryan Thomas - Vice President of Finance and Investor Relations Mike Price - President and Chief Executive Officer Jim Reske - Chief Financial Officer Jane Grebenc - Bank President and Chief Revenue Officer Brian Karrip - Chief Credit Officer Conference Call Participants Mike Perito - KBW Steven Duong - RBC Capital Markets Daniel Tamayo - Raymond James Russell Gunther - D.A. D ...

圈 Commonwealth。 • • • • • • • • • • • • • • • • • • • NYSE: FCF m nonwealth. 3Q 2021 Earnings Release Webcast Presentation October 27, 2021 Commonwealth 2 FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements about First Commonwealth's future plans, strategies and financial performance. These statements can be identified by the fact that they do not relate strictly to historical or current facts and often include words such as "believe," "expect," "anticipate," "intend," "plan," " ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ý QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-11138 | --- | --- | |---------------------------------------------------------------------------------------------------------|------------- ...

First Commonwealth Financial Corporation (NYSE:FCF) Q2 2021 Earnings Conference Call July 28, 2021 2:00 PM ET Company Participants Ryan Thomas – Vice President of Finance and Investor Relations Mike Price – President and Chief Executive Officer Jim Reske – Chief Financial Officer Jane Grebenc – Bank President and Chief Revenue Officer Conference Call Participants Michael Perito – KBW Steve Moss – B. Riley Securities Russell Gunther – D.A. Davidson Steven Duong – RBC Capital Markets Matthew Breese – Stephens ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ý QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-11138 | --- | --- | |-----------------------------------------------------------------------------------------------------------|---------- ...

Financial Data and Key Metrics Changes - Net income for Q1 2021 was $39.8 million, yielding $0.41 in earnings per share, both quarterly records for the company [8] - Return on Average Assets (ROAA) was 1.77%, with a core pre-tax, pre-provision ROAA of 2% [8] - Net interest income increased by $1.9 million to $69.4 million, with a margin of 3.4% [9] - Non-interest income was $27.4 million, comprising 28.2% of total revenue, marking the third consecutive quarter of strong performance [12] - Charge-offs were low at $3.3 million, leading to a negative provision of $4.4 million, with a reserve of $96.8 million or 1.55% of total loans excluding PPP [13][40] Business Line Data and Key Metrics Changes - Consumer lending categories showed strong performance, with several achieving record originations [10] - Commercial lending originations had momentum but were offset by liquidity-induced payoffs and lower line utilization [10] - Non-interest income components included a 22% increase in debit card interchange income, a doubling of mortgage gain on sale income, and a 170% increase in SBA gain on sale income [12] Market Data and Key Metrics Changes - Ohio markets led growth, with a reduction in the cost of deposit funding contributing to margin improvement [11] - The company received over $326 million in stimulus payments for approximately 95,000 households, increasing excess cash [18] Company Strategy and Development Direction - The company expects to achieve upper-end mid-single-digit loan growth for the remainder of 2021, driven by strong consumer and small business loan growth [16] - A $25 million share repurchase program was implemented, with a 4.5% increase in dividends announced [31] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the economic recovery and the reopening of local economies, with expectations for commercial loan growth to ramp up in the second half of 2021 [32][63] - The company is focused on maintaining a strong digital platform and enhancing customer experience, with significant growth in active mobile users and Zelle enrollments [19][82] Other Important Information - The gross level of non-performing assets fell to 0.48% of total loans, with a healthy reserve coverage ratio of 192% [37] - The company is actively managing its high-risk portfolio, reducing reserves associated with it as economic conditions improve [74] Q&A Session Summary Question: What is the outlook for loan pricing and competition in the markets? - Management noted stable yields for commercial loans and improvements in replacement yields, contributing to stabilization in loan portfolio yield [42][44] Question: What are the expectations for expenses in the upcoming quarter? - Guidance for expenses remains at $52 to $53 million, with some deferrals related to PPP production impacting the first quarter [50] Question: How does the company view the potential for M&A given the $10 billion threshold? - Management is aware of the threshold and is prepared, but no imminent acquisitions are planned, focusing instead on organic growth and fee income diversification [78][79] Question: How is the company positioned in digital banking compared to peers? - The company has made significant advancements in digital account opening and user experience, setting it apart from community bank peers [81]

圈 Commonwealth。 · · m ionwealth。 1Q 2021 Earnings Release Webcast Presentation April 28, 2021 圆 onwealth 2 FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements about First Commonwealth's future plans, strategies and financial performance. These statements can be identified by the fact that they do not relate strictly to historical or current facts and often include words such as "believe," "expect," "anticipate," "intend," "plan," "estimate" or words of similar meaning, or future ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file Number 001-11138 FIRST COMMONWEALTH FINANCIAL CORPORATION | --- | --- | |---------------------------------------------------------------- ...

圈 Commonwealth。 · · lm ionwealth。 4Q 2020 Earnings Release Webcast Presentation January 27, 2021 盘 onwealth 2 FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements about First Commonwealth's future plans, strategies and financial performance. These statements can be identified by the fact that they do not relate strictly to historical or current facts and often include words such as "believe," "expect," "anticipate," "intend," "plan," "estimate" or words of similar meaning, or fut ...

First Commonwealth Financial Corporation (NYSE:FCF) Q4 2020 Earnings Conference Call January 27, 2021 2:00 PM ET Company Participants Ryan Thomas - VP, Finance and IR Mike Price - President and CEO Jim Reske - CFO Brian Karrip - Chief Credit Officer Jane Grebenc - Bank President and Chief Revenue Officer Conference Call Participants Frank Schiraldi - Piper Sandler Steve Moss - B. Riley Securities Russell Gunther - D.A. Davidson Steven Duong - RBC Capital Markets Joe Plevelich - Boenning & Scattergood Operat ...