First Commonwealth Financial (First Commonwealth Financial) Scaled Net Operating Assets : 0.08 (As of Dec. 2023)

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What is First Commonwealth Financial Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

First Commonwealth Financial's operating assets for the quarter that ended in Dec. 2023 was $10,291.5 Mil. First Commonwealth Financial's operating liabilities for the quarter that ended in Dec. 2023 was $9,395.5 Mil. First Commonwealth Financial's Total Assets for the quarter that ended in Sep. 2023 was $11,422.0 Mil. Therefore, First Commonwealth Financial's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.08.

First Commonwealth Financial Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

First Commonwealth Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(11312.495	-	9395.457)	/	9805.666
=	0.20

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	11459.488	-	146.993
=	11312.495

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	10145.214	-	186.757	-	563
=	9395.457

First Commonwealth Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(10291.509	-	9395.457)	/	11421.988
=	0.08

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	11459.488	-	1167.979
=	10291.509

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	10145.214	-	186.757	-	563
=	9395.457

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Commonwealth Financial (First Commonwealth Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Commonwealth Financial Corp (NYSE:FCF) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

FCF:Germany

Address

601 Philadelphia Street, Indiana, PA, USA, 15701

Website

https://www.fcbanking.com

First Commonwealth Financial Corp functions in the financial services sector in the United States. Through its subsidiary, it offers a range of consumer and commercial banking services such as personal checking accounts, interest-earning checking accounts, savings accounts, insured money market accounts, investment certificates, fixed & variable rate certificates of deposit, and various kinds of loans. It also provides trust and wealth management services and offers insurance products through the Bank. The company earns the majority of its revenue through net interest income.

Executives

Carrie L Riggle	officer: EVP/Human Resources	601 PHILADELPHIA STREET, INDIANA PA 15701
Ray T Charley	director	22 N 6TH ST, INDIANA PA 15701
Patricia A. Husic	director	601 PHILADELPHIA STREET, INDIANA PA 15701
Matthew C Tomb	officer: EVP/Chief Risk Officer	601 PHILADELPHIA STREET, INDIANA PA 15701
Brian G Karrip	officer: EVP/Chief Credit Officer	601 PHILADELPHIA STREET, INDIANA PA 15701
Norman J Montgomery	officer: EVP/Business Integration	601 PHILADELPHIA STREET, INDIANA PA 15701
James R Reske	officer: EVP/Chief Financial Officer	601 PHILADELPHIA STREET, INDIANA PA 15701
Leonard V Lombardi	officer: EVP/Chief Audit Executive	601 PHILADELPHIA STREET, INDIANA PA 15701
T Michael Price	director, officer: President & CEO	601 PHILADELPHIA STREET, INDIANA PA 15701
Robert J Ventura	director	601 PHILADELPHIA STREET, INDIANA PA 15701
Gary R Claus	director	601 PHILADELPHIA STREET, INDIANA PA 15701
Jane Grebenc	director, officer: EVP/Chief Revenue Officer	601 PHILADELPHIA STREET, INDIANA PA 15701
Stephen A Wolfe	director	601 PHILADELPHIA STREET, INDIANA PA 15701
Aradhna M Oliphant	director	601 PHILADELPHIA STREET, INDIANA PA 15701
David W Greenfield	director	601 PHILADELHIA STREET, INDIANA PA 15701