Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

First Commonwealth Financial Corporation (FCF)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$36.13 - $111.36$57.72
Multi-Stage$25.17 - $27.50$26.31
Blended Fair Value$42.01
Current Price$17.05
Upside146.42%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS5.95%7.23%0.510.490.430.420.420.380.340.300.240.24
YoY Growth--3.52%13.99%2.22%1.46%9.11%13.04%14.21%22.51%-0.73%-4.15%
Dividend Yield--3.28%3.61%3.48%2.79%2.90%4.18%2.62%2.09%1.82%2.75%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)143.28
(-) Cash Dividends Paid (M)54.72
(=) Cash Retained (M)88.56
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)28.6617.9110.75
Cash Retained (M)88.5688.5688.56
(-) Cash Required (M)-28.66-17.91-10.75
(=) Excess Retained (M)59.9070.6577.81
(/) Shares Outstanding (M)103.13103.13103.13
(=) Excess Retained per Share0.580.690.75
LTM Dividend per Share0.530.530.53
(+) Excess Retained per Share0.580.690.75
(=) Adjusted Dividend1.111.221.29
WACC / Discount Rate8.47%8.47%8.47%
Growth Rate5.23%6.23%7.23%
Fair Value$36.13$57.72$111.36
Upside / Downside111.89%238.52%553.16%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)143.28152.20161.68171.75182.45193.82199.63
Payout Ratio38.19%48.55%58.91%69.28%79.64%90.00%92.50%
Projected Dividends (M)54.7273.9095.25118.98145.30174.43184.66

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.47%8.47%8.47%
Growth Rate5.23%6.23%7.23%
Year 1 PV (M)67.4968.1368.77
Year 2 PV (M)79.4580.9682.49
Year 3 PV (M)90.6393.2495.90
Year 4 PV (M)101.08104.97108.98
Year 5 PV (M)110.82116.19121.76
PV of Terminal Value (M)2,146.002,249.922,357.83
Equity Value (M)2,595.462,713.412,835.74
Shares Outstanding (M)103.13103.13103.13
Fair Value$25.17$26.31$27.50
Upside / Downside47.61%54.32%61.28%

High-Yield Dividend Screener

« Prev Page 42 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0O1S.LAlten S.A.3.81%$4.4339.82%
3607.TKuraudia Holdings Co.,Ltd.3.81%$11.9934.63%
7179.KLLagenda Properties Berhad3.81%$0.0530.12%
8188.HKGME Group Holdings Limited3.81%$0.0423.08%
FC9.DEFCR Immobilien AG3.81%$0.4615.59%
PSGO.JKPT Palma Serasih Tbk3.81%$8.0038.48%
TASA3.SATaurus Armas S.A.3.81%$0.1920.71%
000726.SZLu Thai Textile Co., Ltd.3.80%$0.2741.15%
012750.KSS-1 Corporation3.80%$2,699.9250.51%
603198.SSAnhui Yingjia Distillery Co., Ltd.3.80%$1.5057.46%
8273.TIzumi Co., Ltd.3.80%$113.8567.94%
LMKDC.ISLimak Dogu Anadolu Cimento Sny Ve Tcr AS3.80%$1.0927.90%
THULE.STThule Group AB (publ)3.80%$8.8190.05%
ZUGER.SWZuger Kantonalbank3.80%$335.4837.77%
000430.KSDaewon Kang Up Co., Ltd.3.79%$151.1888.95%
0558.HKL.K. Technology Holdings Limited3.79%$0.1321.83%
1888.HKKingboard Laminates Holdings Limited3.79%$0.5157.98%
603055.SSZhe Jiang Taihua New Material Co., Ltd.3.79%$0.3660.25%
CPU.AXComputershare Limited3.79%$1.2951.79%
INDS.JKPT Indospring Tbk3.79%$8.5681.55%
002120.SZYUNDA Holding Co., Ltd.3.78%$0.2559.62%
6305.THitachi Construction Machinery Co., Ltd.3.78%$175.1342.61%
GROREIT.BKGrande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition3.78%$0.2834.44%
QNBK.QAQatar National Bank (Q.P.S.C.)3.78%$0.7138.00%
SISB.BKSISB Public Company Limited3.78%$0.4242.68%
078520.KSAble C&C Co., Ltd.3.77%$412.0869.50%
192400.KSCuckoo Holdings Co., Ltd.3.77%$1,087.9926.79%
6435.TWOSinopower Semiconductor, Inc.3.77%$4.2656.41%
6523.TPHC Holdings Corporation3.77%$41.8790.94%
6724.TSeiko Epson Corporation3.77%$74.7647.38%
ASCArdmore Shipping Corporation3.77%$0.3945.12%
BAHN-B.STBahnhof AB (publ)3.77%$2.0097.05%
CNDF.PACaisse Régionale de Crédit Agricole Mutuel Nord de France Société coopérative3.77%$1.0314.19%
0QLT.LGraubündner Kantonalbank3.76%$69.0139.45%
603587.SSDazzle Fashion Co., Ltd3.76%$0.5090.21%
A1OS.DEAll for One Group SE3.76%$1.6250.06%
CWY.AXCleanaway Waste Management Limited3.76%$0.1069.98%
GYT.BKGoodyear (Thailand) Public Company Limited3.76%$7.4022.93%
KARE.ATKarelia Tobacco Company Inc.3.76%$13.3038.58%
THEP.PAThermador Groupe S.A.3.76%$2.9736.00%
000708.SZCitic Pacific Special Steel Group Co., Ltd.3.75%$0.6156.33%
002615.SZZheJiang Haers Vacuum Containers Co.,Ltd.3.75%$0.2979.55%
004980.KSSungshin Cement Co., Ltd3.75%$351.1039.08%
2072.TWOCentury Wind Power Co., Ltd.3.75%$10.1549.95%
3455.TWOUtechzone Co., Ltd.3.75%$4.4995.02%
600519.SSKweichow Moutai Co., Ltd.3.75%$51.6271.84%
KUAS.JKPT Ace Oldfields Tbk3.75%$3.0033.35%
002142.SZBank of Ningbo Co., Ltd.3.74%$1.0524.03%
083420.KSGreen Chemical Co., Ltd.3.74%$240.1458.66%
0QPY.LSonova Holding AG3.74%$8.8746.46%