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Side-by-side financial comparison of FIRST COMMONWEALTH FINANCIAL CORP (FCF) and National Bank Holdings Corp (NBHC). 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 $126.8M, roughly 1.1× National Bank Holdings Corp). FIRST COMMONWEALTH FINANCIAL CORP runs the higher net margin — 28.1% vs 16.4%, a 11.7% gap on every dollar of revenue. Over the past eight quarters, National Bank Holdings Corp's revenue compounded faster (14.0% CAGR vs 5.5%).
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.
Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana. With assets at $48.5 billion and 250 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 30 banking companies in the U.S. Old National Bank has locations in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin.
FCF vs NBHC — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $133.7M | $126.8M |
| Net Profit | $37.5M | $20.8M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | 28.1% | 16.4% |
| Revenue YoY | 13.0% | — |
| Net Profit YoY | -16.3% | -14.2% |
| EPS (diluted) | $0.37 | $0.46 |
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 | $126.8M | ||
| Q4 25 | $137.9M | $100.6M | ||
| Q3 25 | $136.0M | $108.9M | ||
| Q2 25 | $131.0M | $104.5M | ||
| Q1 25 | $118.0M | $102.1M | ||
| Q4 24 | $120.4M | $101.3M | ||
| Q3 24 | $121.2M | $106.0M | ||
| Q2 24 | $120.2M | $97.6M |
| Q1 26 | $37.5M | $20.8M | ||
| Q4 25 | $44.9M | $16.0M | ||
| Q3 25 | $41.3M | $35.3M | ||
| Q2 25 | $33.4M | $34.0M | ||
| Q1 25 | $32.7M | $24.2M | ||
| Q4 24 | $35.8M | $28.2M | ||
| Q3 24 | $32.1M | $33.1M | ||
| Q2 24 | $37.1M | $26.1M |
| Q1 26 | — | — | ||
| Q4 25 | 40.9% | 19.0% | ||
| Q3 25 | 38.1% | 39.6% | ||
| Q2 25 | 32.1% | 39.8% | ||
| Q1 25 | 34.8% | 29.2% | ||
| Q4 24 | 37.1% | 34.3% | ||
| Q3 24 | 33.4% | 37.6% | ||
| Q2 24 | 38.7% | 32.5% |
| Q1 26 | 28.1% | 16.4% | ||
| Q4 25 | 32.5% | 15.9% | ||
| Q3 25 | 30.4% | 32.4% | ||
| Q2 25 | 25.5% | 32.6% | ||
| Q1 25 | 27.7% | 23.7% | ||
| Q4 24 | 29.8% | 27.8% | ||
| Q3 24 | 26.5% | 31.2% | ||
| Q2 24 | 30.9% | 26.8% |
| Q1 26 | $0.37 | $0.46 | ||
| Q4 25 | $0.44 | $0.42 | ||
| Q3 25 | $0.39 | $0.92 | ||
| Q2 25 | $0.32 | $0.88 | ||
| Q1 25 | $0.32 | $0.63 | ||
| Q4 24 | $0.35 | $0.72 | ||
| Q3 24 | $0.31 | $0.86 | ||
| Q2 24 | $0.36 | $0.68 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $472.8M |
| Total DebtLower is stronger | $154.9M | $202.1M |
| Stockholders' EquityBook value | $1.6B | $1.7B |
| Total Assets | $12.3B | $12.6B |
| Debt / EquityLower = less leverage | 0.10× | 0.12× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $472.8M | ||
| Q4 25 | — | $417.1M | ||
| Q3 25 | — | $555.6M | ||
| Q2 25 | — | $296.5M | ||
| Q1 25 | — | $246.3M | ||
| Q4 24 | — | $127.8M | ||
| Q3 24 | — | $180.8M | ||
| Q2 24 | — | $145.0M |
| Q1 26 | $154.9M | $202.1M | ||
| Q4 25 | $261.7M | $54.5M | ||
| Q3 25 | $262.1M | $54.7M | ||
| Q2 25 | $262.4M | $54.4M | ||
| Q1 25 | $262.7M | $54.6M | ||
| Q4 24 | $263.0M | $54.5M | ||
| Q3 24 | $136.3M | $54.4M | ||
| Q2 24 | $136.6M | $54.4M |
| Q1 26 | $1.6B | $1.7B | ||
| Q4 25 | $1.6B | $1.4B | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.4B | $1.3B | ||
| Q4 24 | $1.4B | $1.3B | ||
| Q3 24 | $1.4B | $1.3B | ||
| Q2 24 | $1.4B | $1.2B |
| Q1 26 | $12.3B | $12.6B | ||
| Q4 25 | $12.3B | $9.9B | ||
| Q3 25 | $12.3B | $10.2B | ||
| Q2 25 | $12.2B | $10.0B | ||
| Q1 25 | $11.8B | $10.1B | ||
| Q4 24 | $11.6B | $9.8B | ||
| Q3 24 | $12.0B | $10.0B | ||
| Q2 24 | $11.6B | $10.0B |
| Q1 26 | 0.10× | 0.12× | ||
| Q4 25 | 0.17× | 0.04× | ||
| Q3 25 | 0.17× | 0.04× | ||
| Q2 25 | 0.17× | 0.04× | ||
| Q1 25 | 0.18× | 0.04× | ||
| Q4 24 | 0.19× | 0.04× | ||
| Q3 24 | 0.10× | 0.04× | ||
| Q2 24 | 0.10× | 0.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FCF
Segment breakdown not available.
NBHC
| Net Interest Income | $108.8M | 86% |
| Noninterest Income | $18.0M | 14% |
