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Jun 30, 2022
FNB Q2 2022 Earnings Report
Reported strong second quarter operating earnings per share which increased 19% linked-quarter to $0.31.
Key Takeaways
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.
Linked quarter annualized loan growth of 18%.
Revenue for the quarter totaled a record $336 million.
Operating expenses remained well-controlled declining linked-quarter, leading to positive operating leverage and an efficiency ratio of 55.2%.
Return on average tangible common equity of 15.5%.
Forward Guidance
As inflation and interest rates continue to rise, FNB is prepared for a broad range of economic scenarios given its strong liquidity and capital ratios, its diversified business mix, and its well-established risk management track record.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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