FNB Earnings Reports

F.N.B. Corporation delivered consistent Q1 2025 performance with stable EPS, modest revenue growth, and a record CET1 capital ratio. Tangible book value per share grew significantly, and asset quality remained strong with low charge-offs and delinquency.

F.N.B. Corporation reported a strong fourth quarter with operating earnings per diluted common share of $0.38. The company strengthened its liquidity and capital position, achieving a record CET1 ratio of 10.6% and year-over-year loan growth of 5.0% and deposit growth of 6.9%.

F.N.B. Corporation reported Q3 2024 earnings with a net income available to common stockholders of $110.1 million, or $0.30 per diluted common share. On an operating basis, earnings per diluted common share (non-GAAP) was $0.34, excluding $0.04 per share of significant items impacting earnings. Deposit growth was strong at $1.8 billion, or 5%, linked-quarter.

F.N.B. Corporation reported second quarter 2024 earnings with a net income available to common stockholders of $123.0 million, or $0.34 per diluted common share. The company experienced linked-quarter loan and deposit growth of 3.6% and 0.7%, respectively.

F.N.B. Corporation reported a solid first quarter performance with operating earnings per diluted common share (non-GAAP) of $0.34. A key contributor to earnings was a near-record level of non-interest income totaling $88 million. The company's profitability grew its capital base and led to a record tangible common equity ratio (non-GAAP) of 8%.

F.N.B. Corporation reported Q4 2023 earnings with a net income available to common stockholders of $48.7 million, or $0.13 per diluted common share. On an operating basis, Q4 2023 earnings per diluted common share (non-GAAP) was $0.38, excluding $114.0 million (pre-tax) of significant items impacting earnings. The company completed the sale of approximately $650 million of available-for-sale investment securities and transferred $355 million of indirect auto loans to held-for-sale as part of its balance sheet management strategy.

F.N.B. Corporation reported a strong third quarter in 2023, with earnings per diluted common share of $0.40 and an 18.2% return on tangible common equity. The company outperformed the industry with loan and deposit growth of 2.5% and 2.3%, respectively. Capital ratios remained strong, with tangible common equity to tangible assets at 7.54% and CET1 at 10.2%.

F.N.B. Corporation reported a solid performance for the second quarter of 2023, with earnings per diluted common share growing 30% compared to the prior year. The company's liquidity metrics remain favorable, and the capital position is strong, with CET1 at the targeted operating level of 10%.

F.N.B. Corporation reported a strong first quarter with earnings per diluted common share totaling $0.40. Key performance metrics included a return on average tangible common equity (non-GAAP) of 20%, a return on average assets of 1.4%, and an efficiency ratio (non-GAAP) of 50.6%. The company maintained a strong liquidity and capital position with stable deposit balances and record revenue.

F.N.B. Corporation reported strong Q4 2022 earnings with a record $0.44 non-GAAP EPS, driven by all-time high revenue of $416 million and loan growth. The company's profitability metrics were strong, with an operating return on average tangible common equity of 21.9% and an efficiency ratio below 46%.

F.N.B. Corporation reported strong Q3 2022 earnings with record revenue of $380 million, operating earnings per share of $0.39, and an efficiency ratio of 49%. Loan and deposit growth remained robust, and asset quality continued to perform favorably.

F.N.B. Corporation reported strong second quarter earnings with a record revenue of $336 million. The company's operating expenses remained well-controlled, leading to an efficiency ratio of 55.2%. Spot loan growth was a record $1.3 billion, or 19.5% annualized, excluding PPP.

F.N.B. Corporation reported a net income available to common stockholders of $51.0 million, or $0.15 per diluted common share, for the first quarter of 2022. The company's operating earnings per share (non-GAAP) was $0.26, excluding merger-related and branch consolidation costs. Revenue grew by 3.4%, driven by net interest income and loan growth. A new $150 million share repurchase program was approved by the Board of Directors.

F.N.B. Corporation reported a strong fourth quarter in 2021, with earnings per share of $0.30. The company's full-year revenue reached a record $1.2 billion, and non-interest income also reached a record level of $330 million.

F.N.B. Corporation reported a strong third quarter in 2021, with record revenue of $321 million and earnings per share of $0.34. The company's return on tangible common equity was 17%, and tangible book value per share grew to $8.42.

F.N.B. Corporation reported a strong second quarter in 2021, with record operating net income available to common stockholders of $101.5 million, or $0.31 per share. Total revenue increased to $308 million, driven by accelerated customer activity and strong loan growth. The company benefited from strengthening economic conditions and continued expense discipline.

F.N.B. Corporation reported a strong first quarter in 2021, with net income available to common stockholders of $91.2 million, or $0.28 per diluted common share. Non-interest income drove revenue to $306 million. The company saw significant growth in loans and deposits, and its tangible book value surpassed $8.00 per share.

F.N.B. Corporation reported a decrease in net income available to common stockholders to $70.2 million, or $0.22 per diluted common share, compared to $93.2 million, or $0.29 per diluted common share in Q4 2019. However, on an operating basis, earnings per diluted common share (non-GAAP) was $0.28, up 8% from Q4 2019, excluding significant items. The company achieved record total non-interest income and maintained an efficiency ratio of 56%.

F.N.B. Corporation reported a net income of $80.8 million, or $0.25 per diluted common share, for the third quarter of 2020. The operating earnings per diluted common share (non-GAAP) was $0.26. Revenue continued to increase and the company saw strong capital markets activity and record mortgage banking levels.

F.N.B. Corporation reported a strong second quarter with earnings per share of $0.25, a 79% increase from the prior quarter. Revenue increased to $306 million, driven by growth in total average loans and deposits. The company also funded $2.6 billion in PPP loans and continued to serve its customers and communities during the pandemic.

F.N.B. Corporation reported lower earnings for the first quarter of 2020, with net income available to common stockholders of $45.4 million, or $0.14 per diluted common share, compared to $92.1 million, or $0.28 per diluted common share in the first quarter of 2019. The results were impacted by a provision for credit losses related to COVID-19, branch consolidation costs, mortgage servicing rights impairment, accelerated vesting of stock grants, and COVID-19 related expenses.

F.N.B. Corporation reported Q4 2019 earnings with a net income available to common stockholders of $93.2 million, or $0.29 per diluted common share. The company saw growth in total average loans and deposits. However, net interest income declined due to pressure on variable-rate loan yields and competitive pressures on interest-bearing deposit rates.