First Commonwealth FinancialFCF +0.10%71 Return-on-Tangible-Asset is 1.26% as of Mar. 2026, which is 6% below its 10-year median of 1.34. GuruFocus rates FCF with a GF Score™ of 71/100 and a GF Value™ of $17.60 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,530 Banks companies, First Commonwealth Financial ranks better than 70.92% on this metric.
The historical rank and industry rank for First Commonwealth Financial's Return-on-Tangible-Asset or its related term are showing as below:
FCF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.82 Med: 1.34 Max: 1.54
Current: 1.33
During the past 13 years, First Commonwealth Financial's highest Return-on-Tangible-Asset was 1.54%. The lowest was 0.82%. And the median was 1.34%.
FCF's Return-on-Tangible-Asset is ranked better than 70.92% of 1530
companies
in the Banks industry
Industry Median: 0.99
vs FCF: 1.33
First Commonwealth Financial (NYSE:FCF) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
First Commonwealth Financial Return-on-Tangible-Asset Related Terms
First Commonwealth Financial Return-on-Tangible-Asset Historical Data
* 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.
First Commonwealth Financial Return-on-Tangible-Asset Chart
FCF vs OFG, NBHC, STEL: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, First Commonwealth Financial's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
First Commonwealth Financial Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, First Commonwealth Financial's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where First Commonwealth Financial's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.26% mean?
First Commonwealth Financial (FCF) has a Return-on-Tangible-Asset of 1.26% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on First Commonwealth Financial and its competitors. This is near median its historical median of 1.34. Over the past decade, First Commonwealth Financial's Return-on-Tangible-Asset has ranged from 0.82 to 1.54. According to the industry distribution chart, First Commonwealth Financial ranks #445 out of 1530 companies in the Banks industry, placing it in the top 29.1%.
Is First Commonwealth Financial's Return-on-Tangible-Asset too high?
First Commonwealth Financial's current Return-on-Tangible-Asset of 1.26% is near median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 1.54. The Banks industry median Return-on-Tangible-Asset is 0.99. First Commonwealth Financial's value of 1.26% is 27.3% above this industry median. Based on the distribution chart, First Commonwealth Financial ranks #445 out of 1530 companies in the Banks industry, which is above the industry midpoint. Overall, First Commonwealth Financial has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Commonwealth Financial's Return-on-Tangible-Asset compare to OFG and NBHC?
According to the Banks industry distribution chart, First Commonwealth Financial ranks #445 out of 1530 companies for Return-on-Tangible-Asset. This puts First Commonwealth Financial in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.99. First Commonwealth Financial's value of 1.26% is 27.3% above this benchmark. Historically, First Commonwealth Financial's own Return-on-Tangible-Asset has ranged from 0.82 to 1.54 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 0.99, First Commonwealth Financial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Banks company?
The median Return-on-Tangible-Asset among Banks companies is 0.99, based on 1,530 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Commonwealth Financial's current Return-on-Tangible-Asset of 1.26% is 27.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on First Commonwealth Financial and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Commonwealth Financial's current Return-on-Tangible-Asset is 1.26%, which is near median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Commonwealth Financial stock overvalued right now?
Based on GuruFocus' analysis, First Commonwealth Financial (FCF) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.60, compared to a current price of $20.49 — trading 16.4% above its estimated fair value. The current Return-on-Tangible-Asset is 1.26%, which is near median its 10-year median of 1.34 and 27.3% above the Banks industry median of 0.99. First Commonwealth Financial's overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For First Commonwealth Financial (FCF), the current Return-on-Tangible-Asset is 1.26% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Commonwealth Financial (FCF) Overvalued in 2026?
Based on GuruFocus' analysis, First Commonwealth Financial stock appears to be overvalued.
The current stock price of $20.49 is trading 16.4% above its estimated GF Value™ of $17.60.
GuruFocus considers First Commonwealth Financial to be Modestly Overvalued.
Key valuation signals for FCF:
Return-on-Tangible-Asset: 1.26% (near median its 10-year median of 1.34)
GF Value™: $17.60 vs. price of $20.49 (16.4% above fair value)
Industry Position: 27.3% above the Banks median (#445 of 1530)
No single metric tells the full story. See the FCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. The company earns the majority of its revenue through net interest income.
71GF Score
Get the complete analysis for FCF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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