F.N.B. Corporation (FNB) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Banks - Regional
EV/EBITDA
↑
11.98
↑+23% vs avg
5yr avg: 9.74
30Y Low3.9·High34.3
P/FCF
↑
17.55
↑+61% vs avg
5yr avg: 10.89
30Y Low2.1·High42.9
P/B Ratio
↑
0.98
+17% vs avg
5yr avg: 0.83
30Y Low0.3·High3.0
ROE
↑
8.7%
↓+7% vs avg
5yr avg: 8.1%
30Y Low4%·High16%
Debt/EBITDA
↑
5.85
+6% vs avg
5yr avg: 5.55
30Y Low3.8·High20.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
FNB Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
F.N.B. Corporation trades at 11.7x earnings, 9% above its 5-year average of 10.7x, sitting at the 50th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.6x, the stock trades at a discount of 14%. On a free-cash-flow basis, the stock trades at 17.5x P/FCF, 61% above the 5-year average of 10.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $6.6B | $6.2B | $5.4B | $5.0B | $4.6B | $3.9B | $3.1B | $4.1B | $3.2B | $4.2B | $3.3B |
| Enterprise Value | $8.0B | $7.6B | $7.2B | $7.9B | $5.4B | $2.6B | $4.6B | $8.1B | $7.5B | $8.1B | $6.0B |
| P/E Ratio → | 11.69 | 10.96 | 11.64 | 10.51 | 10.70 | 9.86 | 11.18 | 10.95 | 8.79 | 21.94 | 20.55 |
| P/S Ratio | 2.45 | 2.30 | 2.09 | 2.24 | 2.87 | 2.94 | 2.15 | 2.69 | 2.22 | 3.41 | 3.78 |
| P/B Ratio | 0.98 | 0.92 | 0.85 | 0.83 | 0.82 | 0.76 | 0.62 | 0.85 | 0.70 | 0.95 | 1.30 |
| P/FCF | 17.55 | 16.46 | 10.66 | 14.92 | 4.11 | 8.31 | 42.95 | 19.44 | 5.56 | 18.92 | 14.29 |
| P/OCF | 13.69 | 12.84 | 8.35 | 11.81 | 3.79 | 7.40 | 27.36 | 15.99 | 5.24 | 15.05 | 11.37 |
P/E links to full P/E history page with 30-year chart
FNB EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
F.N.B. Corporation's enterprise value stands at 12.0x EBITDA, 23% above its 5-year average of 9.7x. The Financial Services sector median is 11.4x, placing the stock at a 5% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.82 | 2.81 | 3.55 | 3.37 | 1.98 | 3.20 | 5.26 | 5.17 | 6.55 | 6.82 |
| EV / EBITDA | 11.98 | 11.37 | 11.59 | 11.93 | 8.64 | 5.16 | 13.55 | 15.69 | 13.32 | 18.13 | 19.55 |
| EV / EBIT | 11.98 | 11.37 | 12.99 | 13.52 | 9.79 | 5.27 | 13.43 | 17.19 | 16.53 | 22.66 | 24.40 |
| EV / FCF | — | 20.24 | 14.33 | 23.58 | 4.82 | 5.61 | 64.00 | 38.02 | 12.97 | 36.34 | 25.76 |
FNB Profitability
Margins and return-on-capital ratios measuring operating efficiency
F.N.B. Corporation earns an operating margin of 24.8%, above the Financial Services sector average of 20.3%. Operating margins have compressed from 26.2% to 24.8% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 8.7% is modest, trailing the sector median of 9.0%. ROIC of 4.7% represents below-average returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 62.3% | 62.3% | 59.0% | 67.3% | 85.8% | 92.6% | 77.0% | 75.7% | 79.3% | 84.2% | 86.0% |
| Operating Margin | 24.8% | 24.8% | 21.6% | 26.2% | 34.4% | 37.7% | 23.8% | 30.6% | 31.3% | 28.9% | 28.0% |
| Net Profit Margin | 21.0% | 21.0% | 18.1% | 21.8% | 27.3% | 30.3% | 19.8% | 25.1% | 25.8% | 16.2% | 19.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.7% | 8.7% | 7.5% | 8.3% | 8.1% | 8.0% | 5.8% | 8.2% | 8.3% | 5.7% | 7.3% |
| ROA | 1.1% | 1.1% | 1.0% | 1.1% | 1.1% | 1.1% | 0.8% | 1.1% | 1.2% | 0.7% | 0.9% |
| ROIC | 4.7% | 4.7% | 3.9% | 4.7% | 5.4% | 5.0% | 3.0% | 3.8% | 3.7% | 3.7% | 3.5% |
| ROCE | 6.7% | 6.7% | 5.7% | 7.0% | 7.9% | 7.8% | 5.2% | 7.6% | 8.1% | 8.0% | 7.7% |
FNB Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
F.N.B. Corporation carries a Debt/EBITDA ratio of 5.9x, which is highly leveraged (37% above the sector average of 4.3x). Net debt stands at $1.4B ($3.9B total debt minus $2.5B cash). Interest coverage of just 0.7x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.58 | 0.58 | 0.68 | 0.74 | 0.44 | 0.43 | 0.58 | 0.93 | 1.03 | 0.99 | 1.18 |
| Debt / EBITDA | 5.85 | 5.85 | 6.86 | 6.76 | 3.94 | 4.32 | 8.53 | 8.83 | 8.48 | 9.77 | 9.91 |
| Net Debt / Equity | — | 0.21 | 0.29 | 0.48 | 0.14 | -0.25 | 0.31 | 0.81 | 0.93 | 0.88 | 1.04 |
| Net Debt / EBITDA | 2.12 | 2.12 | 2.97 | 4.38 | 1.26 | -2.49 | 4.46 | 7.67 | 7.61 | 8.69 | 8.70 |
| Debt / FCF | — | 3.78 | 3.68 | 8.66 | 0.70 | -2.70 | 21.06 | 18.58 | 7.41 | 17.42 | 11.46 |
| Interest Coverage | 0.72 | 0.72 | 0.57 | 0.89 | 3.35 | 5.13 | 1.65 | 1.43 | 1.90 | 2.66 | 3.67 |
FNB Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.01x means F.N.B. Corporation can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 0.15x to 1.01x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.01 | 1.01 | 0.16 | 0.15 | 0.15 | 0.22 | 0.17 | 0.15 | 0.15 | 0.14 | 0.15 |
| Quick Ratio | 1.01 | 1.01 | 0.16 | 0.15 | 0.15 | 0.22 | 0.17 | 0.15 | 0.15 | 0.14 | 0.15 |
| Cash Ratio | 0.06 | 0.06 | 0.06 | 0.04 | 0.05 | 0.11 | 0.04 | 0.02 | 0.02 | 0.02 | 0.02 |
| Asset Turnover | — | 0.05 | 0.05 | 0.05 | 0.04 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
FNB Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
F.N.B. Corporation returns 3.4% to shareholders annually — split between a 2.6% dividend yield and 0.8% buyback yield. The payout ratio of 30.8% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 8.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.6% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | 30.8% | 30.8% | 37.6% | 35.9% | 39.0% | 38.5% | 54.9% | 40.6% | 42.1% | 71.9% | 59.6% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 8.6% | 9.1% | 8.6% | 9.5% | 9.3% | 10.1% | 8.9% | 9.1% | 11.4% | 4.6% | 4.9% |
| FCF Yield | 5.7% | 6.1% | 9.4% | 6.7% | 24.3% | 12.0% | 2.3% | 5.1% | 18.0% | 5.3% | 7.0% |
| Buyback Yield | 0.8% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 3.4% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $362M | $363M | $363M | $354M | $323M | $325M | $326M | $326M | $304M | $208M |
Peer Comparison
Compare FNB with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 FNBYou | $7B | 11.7 | 12.0 | 17.5 | 62.3% | 24.8% | 8.7% | 4.7% | 5.9 |
 UMBF | $10B | 14.6 | 12.2 | 10.4 | 54.4% | 20.3% | 12.6% | 7.5% | 3.6 |
 WTFC | $10B | 13.3 | 11.9 | 12.1 | 62.2% | 26.4% | 12.1% | 7.5% | 3.7 |
 SNV | $7B | 16.5 | 8.8 | 9.1 | 53.8% | 17.7% | 9.3% | 6.6% | 2.8 |
 IBOC | $5B | 11.1 | 8.7 | 9.2 | 78.3% | 49.4% | 13.6% | 10.5% | 1.3 |
 WSFS | $4B | 14.6 | 7.1 | 18.3 | 74.7% | 28.0% | 10.8% | 9.5% | 0.7 |
 FFIN | $5B | 18.5 | 11.4 | 15.3 | 71.8% | 37.5% | 14.4% | 12.4% | 0.1 |
 CBSH | $8B | 13.4 | 13.3 | 13.6 | 80.0% | 34.2% | 15.8% | 8.4% | 3.9 |
 FULT | $4B | 11.0 | 10.3 | 15.5 | 67.4% | 25.7% | 11.7% | 7.5% | 2.5 |
 NBTB | $2B | 14.0 | 10.7 | 11.1 | 72.1% | 25.3% | 9.9% | 7.9% | 1.4 |
 TRMK | $3B | 12.1 | 9.4 | 11.3 | 71.0% | 25.5% | 11.0% | 7.1% | 3.4 |
| Financial Services Median | — | 13.6 | 11.4 | 11.1 | 64.1% | 20.3% | 9.0% | 5.5% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
FNB — Frequently Asked Questions
Quick answers to the most common questions about buying FNB stock.
What is F.N.B. Corporation's P/E ratio?
F.N.B. Corporation's current P/E ratio is 11.7x. The historical average is 12.7x. This places it at the 50th percentile of its historical range.
What is F.N.B. Corporation's EV/EBITDA?
F.N.B. Corporation's current EV/EBITDA is 12.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.5x.
What is F.N.B. Corporation's ROE?
F.N.B. Corporation's return on equity (ROE) is 8.7%. The historical average is 9.5%.
Is FNB stock overvalued?
Based on historical data, F.N.B. Corporation is trading at a P/E of 11.7x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is F.N.B. Corporation's dividend yield?
F.N.B. Corporation's current dividend yield is 2.64% with a payout ratio of 30.8%.
What are F.N.B. Corporation's profit margins?
F.N.B. Corporation has 62.3% gross margin and 24.8% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does F.N.B. Corporation have?
F.N.B. Corporation's Debt/EBITDA ratio is 5.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.