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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Tue., Sep. 27, 9:45 PM

Slide #2. First Commonwealth Financial Corporation 13 FirstMerit Bank Branches

Acquirer: First Commonwealth Financial Corporation (NYSE:FCF)
Acquiree: 13 FirstMerit Bank Branches
Details: First Commonwealth Financial Corporation (NYSE: FCF) today announced that its banking subsidiary, First Commonwealth Bank ("First Commonwealth"), has received final approval from all necessary regulatory agencies for its pending acquisition of 13 branches in Canton and Ashtabula, Ohio from FirstMerit Bank, NA.

First Commonwealth Financial is a financial holding company. Co. provides a range of consumer and commercial banking services through its bank subsidiary, First Commonwealth Bank. Co.'s consumer services include Internet, mobile and telephone banking, an automated teller machine network, personal checking accounts, interest-earning checking accounts, savings accounts, insured money market accounts, debit cards, investment certificates, fixed and variable rate certificates of deposit, mortgage loans, secured and unsecured installment loans, construction and real estate loans, among others. At Dec 31 2015, Co. had total assets of $6.57 billion and total deposits of $4.20 billion.

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Company Name:  First Commonwealth Financial Corp. (Indiana, PA)
Stock buyback:  FCF buyback
Sector:  Banking & Savings
Number of ETFs Holding FCF:  41
Total Market Value Held by ETFs:  $78.39M
Total Market Capitalization:  $908.00M
% of Market Cap. Held by ETFs:  8.63%

Open the FCF Page at The Online Investor (in a new window) »

September 27, 2016    9:45 PM Eastern
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