Revenue growth remains robust with net interest income reaching 365.5 million dollars in 2026Q1, supported by a disciplined efficiency ratio improvement from 48.6 percent in 2023Q4 to 39.1 percent.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Net Interest Income | 1.44B | 1.42B | 1.28B | 1.32B | 1.12B | 907M | 922M | 917M | 932M | 846M | 612M | 498.18M | 466.07M | 395.94M | 372.48M | 316.35M | 284.92M | 266.89M | 251.52M | 194.84M | 188.84M | 186.7M | 170.06M | 170.03M | 177.48M | 250.07M | 161.49M | 152.49M | 137.9M | 123.6M | 117.6M |
| NII Growth % | 49.69% | 10.88% | -2.81% | 17.59% | 23.48% | -1.63% | 0.55% | -1.61% | 10.17% | 38.24% | 22.85% | 6.89% | 17.71% | 6.3% | 17.74% | 11.03% | 6.75% | 6.11% | 29.09% | 3.18% | 1.14% | 9.79% | 0.02% | -4.2% | -29.03% | 54.85% | 5.9% | 10.58% | 11.57% | 5.1% | 52.13% |
| Net Interest Margin % | 2.85% | 2.83% | 2.63% | 2.85% | 2.56% | 2.3% | 2.47% | 2.65% | 2.82% | 2.69% | 2.8% | 2.84% | 2.89% | 2.92% | 3.1% | 3.23% | 3.18% | 3.06% | 3.01% | 3.2% | 3.14% | 3.34% | 3.38% | 2.05% | 2.5% | 3.85% | 3.98% | 4.11% | 4.05% | 4.17% | 4.86% |
| Interest Income | 2.35B | 2.35B | 2.25B | 1.97B | 1.28B | 1B | 1.13B | 1.25B | 1.17B | 980M | 679M | 546.79M | 508.98M | 440.39M | 431.91M | 390.97M | 373.72M | 387.58M | 409.78M | 368.89M | 342.42M | 295.48M | 254.45M | 257.02M | 275.85M | 450.37M | 301.86M | 261.78M | 246.1M | 216.3M | 202.4M |
| Interest Expense | 904.05M | 929.78M | 971.71M | 656M | 165M | 98M | 208M | 330M | 238M | 134M | 67M | 48.57M | 42.69M | 44.34M | 59.05M | 74.62M | 88.73M | 121.18M | 157.99M | 174.05M | 153.59M | 108.78M | 84.39M | 86.99M | 98.37M | 200.3M | 140.36M | 109.29M | 108.2M | 92.7M | 84.8M |
| Loan Loss Provision | 87.33M | 85.95M | 80.29M | 72M | 64M | 1M | 123M | 44M | 61M | 61M | 56M | 40.44M | 38.65M | 31.09M | 31.3M | 33.64M | 47.32M | 66.8M | 72.37M | 12.69M | 10.41M | 12.18M | 16.28M | 17.16M | 13.62M | 31.2M | 11.92M | 9.68M | 7.6M | 11.1M | 9.8M |
| Non-Interest Income | 360.4M | 345.77M | 316M | 254M | 323M | 330M | 311M | 294M | 276M | 252M | 201M | 162.41M | 153.34M | 131.83M | 127.89M | 114.53M | 111.31M | 114.02M | 103.3M | 81.73M | 79.28M | 59.76M | 78.14M | 68.16M | 66.14M | 100M | 63.4M | 53.58M | 39.3M | 26M | 22.8M |
| Non-Interest Income % | 13.31% | 12.83% | 12.31% | 11.41% | 20.09% | 24.72% | 21.58% | 19.08% | 19.09% | 20.45% | 22.84% | 22.9% | 23.15% | 23.04% | 22.85% | 22.66% | 22.95% | 22.73% | 20.13% | 18.14% | 18.8% | 16.82% | 23.49% | 20.96% | 19.34% | 18.17% | 17.36% | 16.99% | 13.77% | 10.73% | 10.12% |
| Total Revenue | 2.71B | 2.69B | 2.57B | 2.23B | 1.61B | 1.33B | 1.44B | 1.54B | 1.45B | 1.23B | 880M | 709.21M | 662.32M | 572.22M | 559.79M | 505.5M | 485.03M | 501.59M | 513.09M | 450.62M | 421.7M | 355.24M | 332.59M | 325.17M | 342M | 550.36M | 365.25M | 315.36M | 285.4M | 242.3M | 225.2M |
| Revenue Growth % | 19.44% | 4.94% | 15.31% | 38.5% | 20.45% | -7.36% | -6.49% | 6.57% | 17.37% | 40% | 24.08% | 7.08% | 15.75% | 2.22% | 10.74% | 4.22% | -3.3% | -2.24% | 13.86% | 6.86% | 18.71% | 6.81% | 2.28% | -4.92% | -37.86% | 50.68% | 15.82% | 10.5% | 17.79% | 7.59% | 49.73% |
| Non-Interest Expense | 1.02B | 1.01B | 961M | 915M | 826M | 733M | 767M | 696M | 695M | 681M | 511M | 390.55M | 374.32M | 334.23M | 315.25M | 278.19M | 246.44M | 263.23M | 239.89M | 165.73M | 160.51M | 157.18M | 142.59M | 185.03M | 185M | 242.85M | 148.5M | 138.3M | 120.2M | 98.3M | 97.7M |
| Efficiency Ratio | 37.7% | 37.47% | 37.42% | 41.09% | 51.37% | 54.91% | 53.23% | 45.17% | 48.06% | 55.28% | 58.07% | 55.07% | 56.52% | 58.41% | 56.32% | 55.03% | 50.81% | 52.48% | 46.76% | 36.78% | 38.06% | 44.25% | 42.87% | 56.9% | 54.09% | 44.13% | 40.66% | 43.86% | 42.12% | 40.57% | 43.38% |
| Operating Income | 695.68M | 669.36M | 555M | 584M | 553M | 503M | 343M | 471M | 452M | 356M | 246M | 229.64M | 206.67M | 162.56M | 154.18M | 119.05M | 102.54M | 50.38M | 42.83M | 98.14M | 97.19M | 77.11M | 89.33M | 36M | 45M | 76.02M | 64.47M | 58.09M | 49.4M | 40.2M | 32.9M |
| Operating Margin % | 25.69% | 24.84% | 21.61% | 26.22% | 34.39% | 37.68% | 23.8% | 30.56% | 31.26% | 28.9% | 27.95% | 32.38% | 31.2% | 28.41% | 27.54% | 23.55% | 21.14% | 10.04% | 8.35% | 21.78% | 23.05% | 21.71% | 26.86% | 11.07% | 13.16% | 13.81% | 17.65% | 18.42% | 17.31% | 16.59% | 14.61% |
| Operating Income Growth % | - | 20.6% | -4.97% | 5.61% | 9.94% | 46.65% | -27.18% | 4.2% | 26.97% | 44.72% | 7.12% | 11.12% | 27.13% | 5.43% | 29.51% | 16.11% | 103.53% | 17.62% | -56.36% | 0.98% | 26.04% | -13.69% | 148.12% | -19.99% | -40.81% | 17.91% | 10.98% | 17.6% | 22.89% | 22.19% | 23.22% |
| Pretax Income | 695.68M | 669.36M | 555M | 584M | 553M | 503M | 343M | 471M | 452M | 356M | 246M | 229.64M | 206.67M | 162.56M | 154.18M | 119.05M | 102.54M | 50.38M | 42.83M | 98.14M | 97.19M | 77.11M | 89.33M | 36M | 45M | 76.02M | 64.47M | 58.09M | 49.4M | 40.2M | 32.9M |
| Pretax Margin % | 25.69% | 24.84% | 21.61% | 26.22% | 34.39% | 37.68% | 23.8% | 30.56% | 31.26% | 28.9% | 27.95% | 32.38% | 31.2% | 28.41% | 27.54% | 23.55% | 21.14% | 10.04% | 8.35% | 21.78% | 23.05% | 21.71% | 26.86% | 11.07% | 13.16% | 13.81% | 17.65% | 18.42% | 17.31% | 16.59% | 14.61% |
| Income Tax | 109.94M | 103.97M | 90M | 99M | 114M | 98M | 57M | 84M | 79M | 157M | 75M | 69.99M | 62.62M | 44.76M | 43.77M | 32M | 27.88M | 9.27M | 7.24M | 28.46M | 29.54M | 21.85M | 27.54M | 8.97M | 13.73M | 23.03M | 20.48M | 17.51M | 16.4M | 12.8M | 11M |
| Effective Tax Rate % | 15.8% | 15.53% | 16.22% | 16.95% | 20.61% | 19.48% | 16.62% | 17.83% | 17.48% | 44.1% | 30.49% | 30.48% | 30.3% | 27.53% | 28.39% | 26.88% | 27.19% | 18.4% | 16.9% | 29% | 30.39% | 28.33% | 30.83% | 24.9% | 30.51% | 30.3% | 31.77% | 30.14% | 33.2% | 31.84% | 33.43% |
| Net Income | 585.74M | 565.39M | 465M | 485M | 439M | 405M | 286M | 387M | 373M | 199M | 171M | 159.65M | 144.05M | 117.8M | 110.41M | 87.05M | 74.65M | 41.11M | 35.59M | 69.68M | 67.65M | 55.26M | 61.8M | 58.79M | 63.34M | 52.98M | 43.99M | 40.58M | 33M | 36.2M | 21.9M |
| Net Margin % | 21.63% | 20.98% | 18.11% | 21.78% | 27.3% | 30.34% | 19.85% | 25.11% | 25.8% | 16.15% | 19.43% | 22.51% | 21.75% | 20.59% | 19.72% | 17.22% | 15.39% | 8.2% | 6.94% | 15.46% | 16.04% | 15.56% | 18.58% | 18.08% | 18.52% | 9.63% | 12.04% | 12.87% | 11.56% | 14.94% | 9.72% |
| Net Income Growth % | 27.47% | 21.59% | -4.12% | 10.48% | 8.4% | 41.61% | -26.1% | 3.75% | 87.44% | 16.37% | 7.11% | 10.83% | 22.28% | 6.7% | 26.84% | 16.6% | 81.59% | 15.5% | -48.91% | 3% | 22.42% | -10.58% | 5.11% | -7.18% | 19.53% | 20.45% | 8.4% | 22.97% | -8.84% | 65.3% | 20.99% |
| Net Income (Continuing) | 585.74M | 565.39M | 465M | 485M | 439M | 405M | 286M | 387M | 373M | 199M | 171M | 159.65M | 144.05M | 117.8M | 110.41M | 87.05M | 74.65M | 41.11M | 35.59M | 69.68M | 67.65M | 55.26M | 61.8M | 27.04M | 31.27M | 52.98M | 43.99M | 40.58M | 33M | 27.4M | 21.9M |
| EPS (Diluted) | 1.63 | 1.56 | 1.27 | 1.31 | 1.22 | 1.23 | 0.85 | 1.16 | 1.12 | 0.63 | 0.78 | 0.86 | 0.80 | 0.80 | 0.79 | 0.70 | 0.65 | 0.32 | 0.44 | 1.15 | 1.14 | 0.98 | 1.29 | 1.25 | 1.35 | 1.17 | 1.35 | 1.49 | 1.24 | 1.53 | 0.99 |
| EPS Growth % | 28.57% | 22.83% | -3.05% | 7.38% | -0.81% | 44.71% | -26.72% | 3.57% | 77.78% | -19.23% | -9.3% | 7.5% | 0% | 1.27% | 12.86% | 7.69% | 103.13% | -27.27% | -61.74% | 0.88% | 16.33% | -24.03% | 3.2% | -7.41% | 15.38% | -13.33% | -9.4% | 20.16% | -18.95% | 54.55% | -33.56% |
| EPS (Basic) | - | 1.57 | 1.27 | 1.32 | 1.23 | 1.24 | 0.86 | 1.17 | 1.13 | 0.63 | 0.79 | 0.87 | 0.81 | 0.81 | 0.79 | 0.70 | 0.66 | 0.32 | 0.44 | 1.16 | 1.15 | 0.99 | 1.31 | 1.27 | 1.37 | 1.19 | 1.38 | 1.54 | 1.29 | 1.61 | 1.01 |
| Diluted Shares Outstanding | 360.23M | 361.95M | 362.64M | 362.9M | 354.05M | 323.48M | 325.49M | 326.06M | 325.62M | 303.86M | 207.77M | 176.34M | 169.08M | 147.81M | 140.64M | 125.01M | 114.28M | 102.85M | 81M | 60.63M | 59.34M | 56.39M | 47.9M | 46.98M | 46.73M | 28.95M | 32.33M | 27.04M | 26.16M | 23.3M | 21.42M |
CRE concentration and deposit betas
According to recent financial disclosures, FNB's net interest income reached 365.5 million dollars in 2026Q1, reflecting a 13.2 percent year-over-year growth rate that suggests successful loan book expansion despite the challenging interest rate environment and competitive pressures for core deposit funding across its regional footprint.
The trajectory of net interest income appears to be recovering from the stagnation observed in mid-2024, indicating that the bank's repricing strategy is beginning to offset the rising cost of funds. Investors should monitor whether this growth is sustainable or if it relies too heavily on aggressive loan volume expansion in highly competitive markets like Charlotte.
As reported in quarterly filings, FNB maintained an efficiency ratio of 39.1 percent in 2026Q1, demonstrating a disciplined approach to managing non-interest expenses relative to total revenue, which appears to be a significant improvement from the 48.6 percent ratio recorded during the 2023Q4 period.
The downward trend in the efficiency ratio suggests that management is effectively integrating recent acquisitions and controlling overhead costs. This operational leverage is critical for maintaining profitability, as it provides a buffer against potential margin compression caused by rising deposit betas.
Based on the provided income statement data, the provision for credit losses was 18.5 million dollars in 2026Q1, a figure that warrants careful investigation given the bank's historical exposure to commercial real estate and the inherent volatility of CECL-based provisioning models in the current economic cycle.
The fluctuation in provision expenses suggests that the bank is actively adjusting its reserves to account for shifting macroeconomic forecasts. Analysts should remain cautious, as any further deterioration in the office or retail real estate sectors could necessitate more aggressive provisioning, thereby impacting future net income.
Financial statements indicate that non-interest fee income contributed 84.7 million dollars to total revenue in 2026Q1, representing 12.8 percent of the total, which suggests a moderate reliance on recurring wealth management and insurance streams to stabilize the bank's overall earnings profile against interest rate volatility.
The diversification provided by the wealth and insurance segments appears to be a key differentiator for FNB, offering a hedge against the cyclicality of the community banking business. However, the variability in fee percentage over the last ten quarters suggests that this income stream remains sensitive to market conditions and transaction volumes.
Quick answers to the most common questions about buying FNB stock.
F.N.B. Corporation (FNB) is profitable, generating $565.4M in net income for the fiscal year ending 2025 with a net profit margin of 21.0%.
F.N.B. Corporation (FNB) reported an operating income of $669.4M, resulting in an operating profit margin of 24.8%. This margin reflects the operational efficiency of the business before interest and taxes.
F.N.B. Corporation (FNB) generated $1.68B in gross profit for the year, representing a gross profit margin of 62.3%. This demonstrates the company's core pricing power and production efficiency.