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Dec 31, 2019
FNB Q4 2019 Earnings Report
FNB's net income available to common stockholders decreased, with solid loan and deposit growth, favorable asset quality, and diversified revenue growth.
Key Takeaways
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.
Total average loans grew by $1.3 billion, or 5.9%, driven by commercial and consumer loan growth.
Total average deposits increased by $1.3 billion, or 5.7%, primarily due to growth in non-interest-bearing and interest-bearing demand deposits.
Non-interest income increased by $5.6 million, or 8.2%, with growth in capital markets and mortgage banking operations income.
The annualized net charge-offs to total average loans ratio decreased to 0.09% from 0.24%.
FNB
FNB
FNB Revenue by Segment
Revenue by Segment
Service Charges Revenue
CapyFin.comTrust Services Revenue
CapyFin.comInsurance Commissions Revenue
CapyFin.comSecurities Commissions Revenue
CapyFin.comCapital Markets Income Revenue
CapyFin.comMortgage Banking Revenue
CapyFin.comDividends on Non-Marketable Revenue
CapyFin.comBank-Owned Life Insurance Revenue
CapyFin.comNet Securities Gains Revenue
CapyFin.comOther Income Revenue
CapyFin.com Forward Guidance
I am sorry, but I cannot provide forward guidance as it is not available in this document.