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Sep 30, 2022
FNB Q3 2022 Earnings Report
Reported record revenue and efficiency ratio
Key Takeaways
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.
Revenue reached a record $380 million.
Operating earnings per share hit $0.39.
Efficiency ratio improved to a record 49%.
Loans and deposits grew an annualized 10% and 5%, respectively, compared to the prior quarter.
FNB
FNB
Forward Guidance
FNB remains confident in its ability to manage through potentially challenging macroeconomic conditions with consistent underwriting, proactive credit risk management, diverse geographic footprint for originations, and strong capital and reserve coverage ratios.
Positive Outlook
- Focused on changes to the economic environment.
- Confident in ability to manage through potentially challenging macroeconomic conditions.
- Committed to consistent underwriting.
- Proactive credit risk management.
- Diverse geographic footprint for originations, and strong capital and reserve coverage ratios.