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Side-by-side financial comparison of FIRST COMMONWEALTH FINANCIAL CORP (FCF) and Townsquare Media, Inc. (TSQ). 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 $106.5M, roughly 1.3× Townsquare Media, Inc.). FIRST COMMONWEALTH FINANCIAL CORP runs the higher net margin — 28.1% vs -4.9%, a 33.0% gap on every dollar of revenue. On growth, FIRST COMMONWEALTH FINANCIAL CORP posted the faster year-over-year revenue change (13.0% vs -9.6%). Over the past eight quarters, FIRST COMMONWEALTH FINANCIAL CORP's revenue compounded faster (5.5% CAGR vs 3.4%).

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.

Townsquare Media, Inc. is an American radio network and media company based in Purchase, New York. The company started in radio and expanded into digital media toward the end of the 2000s, starting with the acquisition of the MOG Music Network. As of June 2024, Townsquare was the third-largest AM–FM operator in the country, owning 349 radio stations in 74 markets.

FCF vs TSQ — Head-to-Head

Bigger by revenue
FCF
FCF
1.3× larger
FCF
$133.7M
$106.5M
TSQ
Growing faster (revenue YoY)
FCF
FCF
+22.6% gap
FCF
13.0%
-9.6%
TSQ
Higher net margin
FCF
FCF
33.0% more per $
FCF
28.1%
-4.9%
TSQ
Faster 2-yr revenue CAGR
FCF
FCF
Annualised
FCF
5.5%
3.4%
TSQ

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FCF
FCF
TSQ
TSQ
Revenue
$133.7M
$106.5M
Net Profit
$37.5M
$-5.2M
Gross Margin
24.1%
Operating Margin
9.5%
Net Margin
28.1%
-4.9%
Revenue YoY
13.0%
-9.6%
Net Profit YoY
14.8%
-121.2%
EPS (diluted)
$0.37

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.

Revenue
FCF
FCF
TSQ
TSQ
Q1 26
$133.7M
Q4 25
$137.9M
$106.5M
Q3 25
$136.0M
$106.8M
Q2 25
$131.0M
$115.4M
Q1 25
$118.0M
$98.7M
Q4 24
$120.4M
$117.8M
Q3 24
$121.2M
$115.3M
Q2 24
$120.2M
$118.2M
Net Profit
FCF
FCF
TSQ
TSQ
Q1 26
$37.5M
Q4 25
$44.9M
$-5.2M
Q3 25
$41.3M
$-5.9M
Q2 25
$33.4M
$1.6M
Q1 25
$32.7M
$-2.0M
Q4 24
$35.8M
$24.6M
Q3 24
$32.1M
$10.8M
Q2 24
$37.1M
$-49.2M
Gross Margin
FCF
FCF
TSQ
TSQ
Q1 26
Q4 25
24.1%
Q3 25
26.2%
Q2 25
28.3%
Q1 25
23.2%
Q4 24
31.6%
Q3 24
27.3%
Q2 24
27.7%
Operating Margin
FCF
FCF
TSQ
TSQ
Q1 26
Q4 25
40.9%
9.5%
Q3 25
38.1%
5.6%
Q2 25
32.1%
18.2%
Q1 25
34.8%
7.2%
Q4 24
37.1%
18.1%
Q3 24
33.4%
13.1%
Q2 24
38.7%
-18.1%
Net Margin
FCF
FCF
TSQ
TSQ
Q1 26
28.1%
Q4 25
32.5%
-4.9%
Q3 25
30.4%
-5.5%
Q2 25
25.5%
1.4%
Q1 25
27.7%
-2.0%
Q4 24
29.8%
20.8%
Q3 24
26.5%
9.4%
Q2 24
30.9%
-41.7%
EPS (diluted)
FCF
FCF
TSQ
TSQ
Q1 26
$0.37
Q4 25
$0.44
Q3 25
$0.39
$-0.36
Q2 25
$0.32
$0.09
Q1 25
$0.32
$-0.12
Q4 24
$0.35
$1.76
Q3 24
$0.31
$0.63
Q2 24
$0.36
$-3.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FCF
FCF
TSQ
TSQ
Cash + ST InvestmentsLiquidity on hand
$4.8M
Total DebtLower is stronger
$154.9M
$433.0M
Stockholders' EquityBook value
$1.6B
$-41.0M
Total Assets
$12.3B
$528.6M
Debt / EquityLower = less leverage
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCF
FCF
TSQ
TSQ
Q1 26
Q4 25
$4.8M
Q3 25
$3.2M
Q2 25
$3.2M
Q1 25
$5.5M
Q4 24
$33.0M
Q3 24
$21.8M
Q2 24
$28.5M
Total Debt
FCF
FCF
TSQ
TSQ
Q1 26
$154.9M
Q4 25
$261.7M
$433.0M
Q3 25
$262.1M
$437.6M
Q2 25
$262.4M
$439.7M
Q1 25
$262.7M
$448.4M
Q4 24
$263.0M
$465.8M
Q3 24
$136.3M
$476.7M
Q2 24
$136.6M
$487.1M
Stockholders' Equity
FCF
FCF
TSQ
TSQ
Q1 26
$1.6B
Q4 25
$1.6B
$-41.0M
Q3 25
$1.5B
$-34.0M
Q2 25
$1.5B
$-27.1M
Q1 25
$1.4B
$-26.8M
Q4 24
$1.4B
$-28.4M
Q3 24
$1.4B
$-52.5M
Q2 24
$1.4B
$-64.1M
Total Assets
FCF
FCF
TSQ
TSQ
Q1 26
$12.3B
Q4 25
$12.3B
$528.6M
Q3 25
$12.3B
$539.2M
Q2 25
$12.2B
$545.7M
Q1 25
$11.8B
$544.5M
Q4 24
$11.6B
$580.4M
Q3 24
$12.0B
$565.4M
Q2 24
$11.6B
$579.6M
Debt / Equity
FCF
FCF
TSQ
TSQ
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
FCF
FCF
TSQ
TSQ
Operating Cash FlowLast quarter
$12.6M
Free Cash FlowOCF − Capex
$9.2M
FCF MarginFCF / Revenue
8.6%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$15.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCF
FCF
TSQ
TSQ
Q1 26
Q4 25
$187.5M
$12.6M
Q3 25
$49.5M
$7.9M
Q2 25
$30.4M
$10.2M
Q1 25
$55.9M
$-66.0K
Q4 24
$129.5M
$28.2M
Q3 24
$53.6M
$9.9M
Q2 24
$22.7M
$9.0M
Free Cash Flow
FCF
FCF
TSQ
TSQ
Q1 26
Q4 25
$171.5M
$9.2M
Q3 25
$4.3M
Q2 25
$6.4M
Q1 25
$-4.5M
Q4 24
$113.9M
$24.5M
Q3 24
$4.8M
Q2 24
$4.8M
FCF Margin
FCF
FCF
TSQ
TSQ
Q1 26
Q4 25
124.3%
8.6%
Q3 25
4.1%
Q2 25
5.5%
Q1 25
-4.6%
Q4 24
94.6%
20.8%
Q3 24
4.1%
Q2 24
4.0%
Capex Intensity
FCF
FCF
TSQ
TSQ
Q1 26
Q4 25
11.7%
3.2%
Q3 25
3.3%
Q2 25
3.3%
Q1 25
4.5%
Q4 24
12.9%
3.1%
Q3 24
4.4%
Q2 24
3.6%
Cash Conversion
FCF
FCF
TSQ
TSQ
Q1 26
Q4 25
4.18×
Q3 25
1.20×
Q2 25
0.91×
6.51×
Q1 25
1.71×
Q4 24
3.61×
1.15×
Q3 24
1.67×
0.91×
Q2 24
0.61×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FCF
FCF

Segment breakdown not available.

TSQ
TSQ

Broadcast Advertising Segment$46.4M44%
Digital Advertising Segment$41.7M39%
Subscription Digital Marketing Solutions Segment$18.4M17%

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