F.N.B. Corporation (FNB) 10-Year Financial Performance & Capital Metrics

FNB • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingNortheast Community Banks

AboutF.N.B. Corporation, a financial holding company, provides a range of financial services primarily to consumers, corporations, governments, and small- to medium-sized businesses. The company operates through three segments: Community Banking, Wealth Management, and Insurance. It offers commercial banking solutions, including corporate and small business banking, investment real estate financing, business credit, capital market, and lease financing services. The company also provides consumer banking products and services, such as deposit products, mortgage and consumer lending services, and mobile and online banking services; and wealth management services comprising personal and corporate fiduciary services comprising administration of decedent and trust estates; securities brokerage and investment advisory services, mutual funds, and annuities; and commercial and personal insurance, and reinsurance products, as well as mezzanine financing options for small- to medium-sized businesses. As of December 31, 2021, it operated 334 banking offices in Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, South Carolina, Washington, D.C., and Virginia. F.N.B. Corporation was founded in 1864 and is headquartered in Pittsburgh, Pennsylvania.Show more

Net Interest Income $1.28B -2.8%
Total Revenue $2.57B +15.3%
Net Income $465M -4.1%
Return on Equity 7.53% -9.2%
Net Interest Margin 2.63% -7.7%
Efficiency Ratio 37.42% -8.9%
ROA 0.98% -9.1%
Equity / Assets 12.96% -1.1%
Book Value per Share 17.38 +4.2%
Tangible BV/Share 10.40 +7.8%
Debt/Equity 0.68 -8.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 7/9
✓Efficient operations: 37.4% efficiency ratio
✓Well capitalized: 13.0% equity/assets
✓Healthy dividend yield of 2.8%
✓Trading near 52-week high
✓Trading at only 1.0x book value

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y14.51%

5Y10.75%

3Y24.37%

TTM-

Profit (Net Income) CAGR

10Y12.43%

5Y3.74%

3Y4.71%

TTM24.76%

EPS CAGR

10Y4.73%

5Y1.83%

3Y1.07%

TTM27.52%

ROCE

10Y Avg7.28%

5Y Avg6.69%

3Y Avg6.84%

Latest5.71%

Peer Comparison

Northeast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
DCOMDime Community Bancshares, Inc.	1.37B	31.13	56.60	0.1%	4.5%	4.02%	6.79%	0.70
EBCEastern Bankshares, Inc.	4.4B	19.56	29.64	91.64%	11.17%	1.3%	6.14%	0.01
LYGLloyds Banking Group plc	80.5B	5.48	21.92	10.79%	11.75%	9.93%		1.76
CFGCitizens Financial Group, Inc.	26.03B	60.61	20.00	1.31%	12.22%	6.6%	7.22%	0.51
PFSProvident Financial Services, Inc.	2.65B	20.29	19.32	63.91%	10.13%	7.51%	16.04%	0.93
CBUCommunity Bank System, Inc.	3.3B	62.73	18.24	24.44%	19.4%	10.34%	6.71%	0.57
VLYValley National Bancorp	6.7B	12.02	17.42	6.51%	10.65%	6.53%	8.18%	0.50
INDBIndependent Bank Corp.	3.8B	76.62	16.95	6.89%	19.72%	7.76%	5.51%	0.23

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	498.18M	612M	846M	932M	917M	922M	907M	1.12B	1.32B	1.28B
NII Growth %	0.07%	0.23%	0.38%	0.1%	-0.02%	0.01%	-0.02%	0.23%	0.18%	-0.03%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	546.79M	679M	980M	1.17B	1.25B	1.13B	1B	1.28B	1.97B	2.25B
Interest Expense	48.57M	67M	134M	238M	330M	208M	98M	165M	656M	971.71M
Loan Loss Provision	40.44M	56M	61M	61M	44M	123M	1M	64M	72M	80.29M
Non-Interest Income+	162.41M	201M	252M	276M	294M	311M	330M	323M	254M	316M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	709.21M	880M	1.23B	1.45B	1.54B	1.44B	1.33B	1.61B	2.23B	2.57B
Revenue Growth %	0.07%	0.24%	0.4%	0.17%	0.07%	-0.06%	-0.07%	0.2%	0.38%	0.15%
Non-Interest Expense	390.55M	511M	681M	695M	696M	767M	733M	826M	915M	961M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	229.64M	246M	356M	452M	471M	343M	503M	553M	584M	555M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.11%	0.07%	0.45%	0.27%	0.04%	-0.27%	0.47%	0.1%	0.06%	-0.05%
Pretax Income+	229.64M	246M	356M	452M	471M	343M	503M	553M	584M	555M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	69.99M	75M	157M	79M	84M	57M	98M	114M	99M	90M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	159.65M	171M	199M	373M	387M	286M	405M	439M	485M	465M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.11%	0.07%	0.16%	0.87%	0.04%	-0.26%	0.42%	0.08%	0.1%	-0.04%
Net Income (Continuing)	159.65M	171M	199M	373M	387M	286M	405M	439M	485M	465M
EPS (Diluted)+	0.86	0.78	0.63	1.12	1.16	0.85	1.23	1.22	1.31	1.27
EPS Growth %	0.07%	-0.09%	-0.19%	0.78%	0.04%	-0.27%	0.45%	-0.01%	0.07%	-0.03%
EPS (Basic)	0.87	0.79	0.63	1.13	1.17	0.86	1.24	1.23	1.32	1.27
Diluted Shares Outstanding	176.34M	207.77M	303.86M	325.62M	326.06M	325.49M	323.48M	354.05M	362.9M	362.64M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	489.12M	371.41M	479.44M	488M	599M	1.38B	3.49B	1.67B	1.58B	2.42B
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	15.12B	19.12B	26.66B	28.22B	29.28B	31.11B	31.33B	36.83B	38.99B	40.44B
Investments Growth %	0.08%	0.27%	0.39%	0.06%	0.04%	0.06%	0.01%	0.18%	0.06%	0.04%
Long-Term Investments	13.49B	16.89B	23.89B	24.88B	25.99B	27.65B	27.9B	33.56B	35.74B	37.46B
Accounts Receivables	0	0	0	0	0	0	0	0	0	0
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	833.09M	1.03B	2.25B	2.25B	2.26B	2.26B	2.26B	2.48B	2.48B	2.48B
Intangible Assets	45.64M	53.81M	92.08M	79M	67M	54M	42M	89M	69M	51M
PP&E (Net)	159.08M	243.96M	336.54M	330M	333M	332M	345M	432M	461M	536M
Other Assets	709.9M	823.4M	1.34B	1.36B	1.65B	1.74B	1.56B	1.71B	2.01B	1.96B
Total Current Assets	2.32B	2.8B	3.51B	4.2B	4.32B	5.31B	7.41B	5.45B	5.41B	6.14B
Total Non-Current Assets	15.23B	19.04B	27.91B	28.9B	30.3B	32.04B	32.11B	38.27B	40.75B	42.49B
Total Assets+	17.56B	21.84B	31.42B	33.1B	34.62B	37.35B	39.51B	43.73B	46.16B	48.63B
Asset Growth %	0.09%	0.24%	0.44%	0.05%	0.05%	0.08%	0.06%	0.11%	0.06%	0.05%
Return on Assets (ROA)	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Accounts Payable	0	0	0	0	0	0	0	0	0	0
Total Debt+	2.69B	3.04B	4.35B	4.76B	4.56B	2.9B	2.22B	2.46B	4.48B	4.27B
Net Debt	2.2B	2.67B	3.87B	4.27B	3.96B	1.52B	-1.27B	791M	2.9B	1.85B
Long-Term Debt	765.64M	667.44M	806M	740M	1.45B	1.22B	812M	1.22B	2.08B	3.15B
Short-Term Debt	1.92B	2.38B	3.54B	4.02B	3.11B	1.68B	1.41B	1.25B	2.39B	1.12B
Other Liabilities	147.64M	165.05M	262M	283M	390M	374M	419M	837M	920M	948M
Total Current Liabilities	14.55B	18.44B	25.94B	27.47B	27.89B	30.8B	33.13B	36.02B	37.1B	38.23B
Total Non-Current Liabilities	913.28M	832.49M	1.07B	1.02B	1.84B	1.59B	1.23B	2.06B	3B	4.1B
Total Liabilities	15.46B	19.27B	27.01B	28.49B	29.73B	32.4B	34.36B	38.07B	40.11B	42.32B
Total Equity+	2.1B	2.57B	4.41B	4.61B	4.88B	4.96B	5.15B	5.65B	6.05B	6.3B
Equity Growth %	0.04%	0.23%	0.71%	0.05%	0.06%	0.02%	0.04%	0.1%	0.07%	0.04%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.08%	0.07%	0.06%	0.08%	0.08%	0.06%	0.08%	0.08%	0.08%	0.08%
Book Value per Share	11.89	12.38	14.51	14.15	14.98	15.24	15.92	15.97	16.67	17.38
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	1.77M	2.13M	3M	3M	3M	3M	3M	4M	4M	4M
Additional Paid-in Capital	1.81B	2.23B	4.03B	4.05B	4.07B	4.09B	4.11B	4.7B	4.69B	4.7B
Retained Earnings	243.22M	304.4M	368M	576M	798M	869M	1.11B	1.37B	1.67B	1.95B
Accumulated OCI	-51.13M	-61.37M	-83M	-106M	-65M	-39M	-62M	-357M	-235M	-169M
Treasury Stock	-12.76M	-14.78M	-19M	-21M	-27M	-68M	-117M	-167M	-187M	-180M
Preferred Stock	106.88M	106.88M	106.88M	107M	107M	107M	107M	107M	107M	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	223.48M	293M	279M	611M	259M	113M	530M	1.22B	423M	706M
Operating CF Growth %	-0.5%	0.31%	-0.05%	1.19%	-0.58%	-0.56%	3.69%	1.3%	-0.65%	0.67%
Net Income	159.65M	171M	199M	373M	387M	286M	405M	439M	485M	465M
Depreciation & Amortization	43.95M	61M	89M	109M	45M	-3M	10M	73M	78M	0
Deferred Taxes	522K	13M	129M	33M	33M	-18M	15M	11M	-6M	0
Other Non-Cash Items	29.68M	58M	-111M	105M	-192M	-157M	86M	722M	-131M	250M
Working Capital Changes	-10.32M	-10M	-27M	-9M	-14M	5M	14M	-27M	-3M	-9M
Cash from Investing+	-1.14B	-1.26B	-1.53B	-1.92B	-1.13B	-1.82B	-153M	-3.06B	-2.26B	-1.77B
Purchase of Investments	-887.5M	-2.13B	-2.33B	-1.59B	-1.15B	-2.66B	-3.13B	-2.08B	-1.2B	-1.7B
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	144.63M	245.76M	196.96M	134M	0	0	0	188M	0	0
Other Investing	-986.02M	-833M	-1.15B	-1.39B	-1.17B	-2.07B	558M	-2.83B	-2.44B	-1.38B
Cash from Financing+	1.12B	849M	1.36B	1.32B	983M	2.49B	1.73B	18M	1.74B	1.9B
Dividends Paid	-92.55M	-110M	-151M	-165M	-165M	-165M	-164M	-179M	-182M	-177M
Share Repurchases	0	0	0	0	0	-38M	-43M	-43M	-36M	-114M
Stock Issued	12.73M	18M	11M	14M	12M	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	1000K	1000K	1000K	-1000K	-1000K	-1000K	-1000K	1000K	-1000K
Other Financing	1.09B	816M	1.16B	1.07B	1.35B	4.35B	2.62B	269M	-54M	2.41B
Net Change in Cash+	201.73M	-118M	108M	9M	111M	784M	2.11B	-1.82B	-98M	843M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	287.39M	489.12M	371.41M	479M	488M	599M	1.38B	3.49B	1.67B	1.58B
Cash at End	489.12M	371.41M	479.44M	488M	599M	1.38B	3.49B	1.67B	1.58B	2.42B
Interest Paid	0	0	0	0	0	0	101M	144M	619M	0
Income Taxes Paid	0	0	0	0	0	0	74M	81M	94M	0
Free Cash Flow+	213.76M	233M	222M	576M	213M	72M	472M	1.12B	335M	567M
FCF Growth %	-0.5%	0.09%	-0.05%	1.59%	-0.63%	-0.66%	5.56%	1.38%	-0.7%	0.69%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	7.75%	7.33%	5.7%	8.27%	8.16%	5.81%	8.01%	8.13%	8.29%	7.53%
Return on Assets (ROA)	0.95%	0.87%	0.75%	1.16%	1.14%	0.79%	1.05%	1.05%	1.08%	0.98%
Net Interest Margin	2.84%	2.8%	2.69%	2.82%	2.65%	2.47%	2.3%	2.56%	2.85%	2.63%
Efficiency Ratio	55.07%	58.07%	55.28%	48.06%	45.17%	53.23%	54.91%	51.37%	41.09%	37.42%
Equity / Assets	11.94%	11.77%	14.03%	13.92%	14.11%	13.28%	13.03%	12.93%	13.11%	12.96%
Book Value / Share	11.89	12.38	14.51	14.15	14.98	15.24	15.92	15.97	16.67	17.38
NII Growth	6.89%	22.85%	38.24%	10.17%	-1.61%	0.55%	-1.63%	23.48%	17.59%	-2.81%
Dividend Payout	52.94%	59.65%	71.86%	42.09%	40.57%	54.9%	38.52%	38.95%	35.88%	37.63%

Frequently Asked Questions

Valuation & Price

F.N.B. Corporation (FNB) has a price-to-earnings (P/E) ratio of 13.8x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

F.N.B. Corporation (FNB) grew revenue by 15.3% over the past year. This is strong growth.

Yes, F.N.B. Corporation (FNB) is profitable, generating $506.5M in net income for fiscal year 2024 (18.1% net margin).

Dividend & Returns

Yes, F.N.B. Corporation (FNB) pays a dividend with a yield of 2.76%. This makes it attractive for income-focused investors.

F.N.B. Corporation (FNB) has a return on equity (ROE) of 7.5%. This is below average, suggesting room for improvement.

Industry Metrics

F.N.B. Corporation (FNB) has a net interest margin (NIM) of 2.6%. NIM has been under pressure due to interest rate environment.

F.N.B. Corporation (FNB) has an efficiency ratio of 37.4%. This is excellent, indicating strong cost control.

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