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Jun 30, 2024
FNB Q2 2024 Earnings Report
FNB's second quarter results were solid, with earnings per diluted common share (non-GAAP) totaling $0.34 and tangible book value per share grew 12% year-over-year.
Key Takeaways
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.
Period-end total loans and leases increased $2.4 billion, or 7.7%.
On a linked-quarter basis, period-end total loans and leases increased $1.2 billion, or 3.6%.
Period-end total deposits increased $1.2 billion, or 3.5%.
On a linked-quarter basis, period-end total deposits increased $258.6 million, or 0.7%, with an increase in non-interest-bearing deposits of 0.8%.
FNB
FNB
Forward Guidance
FNB remains well-positioned for a better rate environment as we move into 2025