First Commonwealth Financial Corp

FCF has formed a terminal blow-off top within Stage 3 distribution, with a subsequent rejection bar and extreme overbought signals. Medium-term bias is bearish, despite the structural long-term uptrend. Short-term exhaustion at fresh highs offers a clean entry to sell, so we will sell now rather than chasing a potential breakdown into Stage 4.

• ↑Institutional ownership now exceeds 75%, backed by BlackRock and State Street.
• ↑Q1 2026 net income $37.5 M, EPS $0.37; revenue +12.9% YoY.
• ↓Non-performing loans at 0.98% highlight heightened credit losses.