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Side-by-side financial comparison of FIRST COMMONWEALTH FINANCIAL CORP (FCF) and Kennedy-Wilson Holdings, Inc. (KW). Click either name above to swap in a different company.
FIRST COMMONWEALTH FINANCIAL CORP is the larger business by last-quarter revenue ($133.7M vs $120.6M, roughly 1.1× Kennedy-Wilson Holdings, Inc.). Kennedy-Wilson Holdings, Inc. runs the higher net margin — 48.1% vs 28.1%, a 20.0% gap on every dollar of revenue. On growth, FIRST COMMONWEALTH FINANCIAL CORP posted the faster year-over-year revenue change (13.0% vs -11.0%). Over the past eight quarters, FIRST COMMONWEALTH FINANCIAL CORP's revenue compounded faster (5.5% CAGR vs -6.0%).
First Commonwealth Financial Corp is a Pennsylvania-based regional financial services holding company. It offers consumer and commercial banking products, loans, wealth management, and insurance services for individuals, small and mid-sized enterprises across central and western Pennsylvania and Ohio.
Kennedy Wilson is a real estate investment company headquartered in Beverly Hills, California, United States.
FCF vs KW — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $133.7M | $120.6M |
| Net Profit | $37.5M | $58.0M |
| Gross Margin | — | — |
| Operating Margin | — | 57.3% |
| Net Margin | 28.1% | 48.1% |
| Revenue YoY | 13.0% | -11.0% |
| Net Profit YoY | 14.8% | 32.7% |
| EPS (diluted) | $0.37 | $0.22 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $133.7M | — | ||
| Q4 25 | $137.9M | $120.6M | ||
| Q3 25 | $136.0M | $116.4M | ||
| Q2 25 | $131.0M | $135.7M | ||
| Q1 25 | $118.0M | $128.3M | ||
| Q4 24 | $120.4M | $135.5M | ||
| Q3 24 | $121.2M | $127.5M | ||
| Q2 24 | $120.2M | $132.0M |
| Q1 26 | $37.5M | — | ||
| Q4 25 | $44.9M | $58.0M | ||
| Q3 25 | $41.3M | $-10.2M | ||
| Q2 25 | $33.4M | $5.6M | ||
| Q1 25 | $32.7M | $-29.6M | ||
| Q4 24 | $35.8M | $43.7M | ||
| Q3 24 | $32.1M | $-66.8M | ||
| Q2 24 | $37.1M | $-48.3M |
| Q1 26 | — | — | ||
| Q4 25 | 40.9% | 57.3% | ||
| Q3 25 | 38.1% | -6.2% | ||
| Q2 25 | 32.1% | 7.4% | ||
| Q1 25 | 34.8% | -26.9% | ||
| Q4 24 | 37.1% | 36.7% | ||
| Q3 24 | 33.4% | -60.8% | ||
| Q2 24 | 38.7% | -45.5% |
| Q1 26 | 28.1% | — | ||
| Q4 25 | 32.5% | 48.1% | ||
| Q3 25 | 30.4% | -8.8% | ||
| Q2 25 | 25.5% | 4.1% | ||
| Q1 25 | 27.7% | -23.1% | ||
| Q4 24 | 29.8% | 32.3% | ||
| Q3 24 | 26.5% | -52.4% | ||
| Q2 24 | 30.9% | -36.6% |
| Q1 26 | $0.37 | — | ||
| Q4 25 | $0.44 | $0.22 | ||
| Q3 25 | $0.39 | $-0.15 | ||
| Q2 25 | $0.32 | $-0.05 | ||
| Q1 25 | $0.32 | $-0.30 | ||
| Q4 24 | $0.35 | $0.24 | ||
| Q3 24 | $0.31 | $-0.56 | ||
| Q2 24 | $0.36 | $-0.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $184.5M |
| Total DebtLower is stronger | $154.9M | — |
| Stockholders' EquityBook value | $1.6B | $1.5B |
| Total Assets | $12.3B | $6.6B |
| Debt / EquityLower = less leverage | 0.10× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $184.5M | ||
| Q3 25 | — | $382.6M | ||
| Q2 25 | — | $309.1M | ||
| Q1 25 | — | $356.6M | ||
| Q4 24 | — | $217.5M | ||
| Q3 24 | — | $367.1M | ||
| Q2 24 | — | $366.5M |
| Q1 26 | $154.9M | — | ||
| Q4 25 | $261.7M | — | ||
| Q3 25 | $262.1M | — | ||
| Q2 25 | $262.4M | — | ||
| Q1 25 | $262.7M | — | ||
| Q4 24 | $263.0M | — | ||
| Q3 24 | $136.3M | — | ||
| Q2 24 | $136.6M | — |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $1.5B | ||
| Q3 25 | $1.5B | $1.5B | ||
| Q2 25 | $1.5B | $1.6B | ||
| Q1 25 | $1.4B | $1.6B | ||
| Q4 24 | $1.4B | $1.6B | ||
| Q3 24 | $1.4B | $1.6B | ||
| Q2 24 | $1.4B | $1.7B |
| Q1 26 | $12.3B | — | ||
| Q4 25 | $12.3B | $6.6B | ||
| Q3 25 | $12.3B | $6.7B | ||
| Q2 25 | $12.2B | $6.8B | ||
| Q1 25 | $11.8B | $7.2B | ||
| Q4 24 | $11.6B | $7.0B | ||
| Q3 24 | $12.0B | $7.4B | ||
| Q2 24 | $11.6B | $7.5B |
| Q1 26 | 0.10× | — | ||
| Q4 25 | 0.17× | — | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 0.17× | — | ||
| Q1 25 | 0.18× | — | ||
| Q4 24 | 0.19× | — | ||
| Q3 24 | 0.10× | — | ||
| Q2 24 | 0.10× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $11.4M |
| Free Cash FlowOCF − Capex | — | $-55.2M |
| FCF MarginFCF / Revenue | — | -45.8% |
| Capex IntensityCapex / Revenue | — | 55.2% |
| Cash ConversionOCF / Net Profit | — | 0.20× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-103.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $187.5M | $11.4M | ||
| Q3 25 | $49.5M | $-7.6M | ||
| Q2 25 | $30.4M | $42.0M | ||
| Q1 25 | $55.9M | $-51.9M | ||
| Q4 24 | $129.5M | $55.1M | ||
| Q3 24 | $53.6M | $-5.6M | ||
| Q2 24 | $22.7M | $36.7M |
| Q1 26 | — | — | ||
| Q4 25 | $171.5M | $-55.2M | ||
| Q3 25 | — | $-18.0M | ||
| Q2 25 | — | $29.4M | ||
| Q1 25 | — | $-59.7M | ||
| Q4 24 | $113.9M | $-76.5M | ||
| Q3 24 | — | $-27.7M | ||
| Q2 24 | — | $-500.0K |
| Q1 26 | — | — | ||
| Q4 25 | 124.3% | -45.8% | ||
| Q3 25 | — | -15.5% | ||
| Q2 25 | — | 21.7% | ||
| Q1 25 | — | -46.5% | ||
| Q4 24 | 94.6% | -56.5% | ||
| Q3 24 | — | -21.7% | ||
| Q2 24 | — | -0.4% |
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 55.2% | ||
| Q3 25 | — | 8.9% | ||
| Q2 25 | — | 9.3% | ||
| Q1 25 | — | 6.1% | ||
| Q4 24 | 12.9% | 97.1% | ||
| Q3 24 | — | 17.3% | ||
| Q2 24 | — | 28.2% |
| Q1 26 | — | — | ||
| Q4 25 | 4.18× | 0.20× | ||
| Q3 25 | 1.20× | — | ||
| Q2 25 | 0.91× | 7.50× | ||
| Q1 25 | 1.71× | — | ||
| Q4 24 | 3.61× | 1.26× | ||
| Q3 24 | 1.67× | — | ||
| Q2 24 | 0.61× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FCF
Segment breakdown not available.
KW
| Consolidated Portfolio Segment | $84.9M | 70% |
| Investment Management Fees | $30.4M | 25% |
| Real Estate | $5.1M | 4% |
