F.N.B. Corporation (FNB) Income Statement

30Y historyFree accessUpdated daily

Net income of $152.9M in 2026Q3 reflects a net interest margin stable near 0.7% and an efficiency ratio that improved to 48.4%, though fee income slipped to 19.7% of revenue from 21.4% a year earlier.

Annual statement

FNB Income Statement

F.N.B. Corporation (FNB) annual income statement — 30-year revenue, gross profit & net income history

Annual Quarterly

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	1.48B	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 %	38.39%	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 %	2.84%	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	2.34B	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	863.8M	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	78.33M	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	360.95M	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 %	19.62%	19.59%	19.8%	16.17%	22.38%	26.68%	25.22%	24.28%	22.85%	22.95%	24.72%	24.59%	24.76%	24.98%	25.56%	26.58%	28.09%	29.93%	29.11%	29.55%	29.57%	24.25%	31.48%	28.61%	27.15%	28.57%	28.19%	26%	22.18%	17.38%	16.24%
Total Net Revenue	1.84B	1.77B	1.6B	1.57B	1.44B	1.24B	1.23B	1.21B	1.21B	1.1B	813M	660.59M	619.41M	527.77M	500.37M	430.88M	396.23M	380.91M	354.82M	276.56M	268.11M	246.46M	248.2M	238.18M	243.63M	350.06M	224.89M	206.07M	177.2M	149.6M	140.4M
Revenue Growth %	9.5%	10.59%	1.59%	8.87%	16.65%	0.32%	1.82%	0.25%	10.02%	35.06%	23.07%	6.65%	17.36%	5.48%	16.13%	8.75%	4.02%	7.35%	28.3%	3.15%	8.79%	-0.7%	4.2%	-2.23%	-30.4%	55.66%	9.13%	16.29%	18.45%	6.55%	52.11%
Non-Interest Expense	1.01B	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	54.96%	57.21%	60.21%	58.24%	57.24%	59.26%	62.21%	57.47%	57.53%	62.02%	62.85%	59.12%	60.43%	63.33%	63.01%	64.56%	62.2%	69.11%	67.61%	59.93%	59.87%	63.77%	57.45%	77.68%	75.94%	69.37%	66.03%	67.11%	67.83%	65.71%	69.59%
Operating Income	750.31M	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 %	40.78%	37.92%	34.77%	37.17%	38.32%	40.66%	27.82%	38.89%	37.42%	32.42%	30.26%	34.76%	33.37%	30.8%	30.81%	27.63%	25.88%	13.23%	12.07%	35.49%	36.25%	31.28%	35.99%	15.12%	18.47%	21.72%	28.67%	28.19%	27.88%	26.87%	23.43%
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	720.28M	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 %	39.15%	37.92%	34.77%	37.17%	38.32%	40.66%	27.82%	38.89%	37.42%	32.42%	30.26%	34.76%	33.37%	30.8%	30.81%	27.63%	25.88%	13.23%	12.07%	35.49%	36.25%	31.28%	35.99%	15.12%	18.47%	21.72%	28.67%	28.19%	27.88%	26.87%	23.43%
Income Tax	112.96M	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 %	15.68%	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	607.32M	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 %	33.01%	32.03%	29.14%	30.87%	30.42%	32.74%	23.2%	31.96%	30.88%	18.12%	21.03%	24.17%	23.26%	22.32%	22.07%	20.2%	18.84%	10.79%	10.03%	25.19%	25.23%	22.42%	24.9%	24.68%	26%	15.14%	19.56%	19.69%	18.62%	24.2%	15.6%
Net Income Growth %	19.9%	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)	607.32M	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)	1.71	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 %	22.3%	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	354.97M	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

Key Metrics

Growth RegimeExpanding

ProfitabilityStable

Balance SheetAdequate

Cash FlowStable

Top Statement Risk

Non-interest expense pressure

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q3)

NII Rebounds as Loan Growth Resumes

Based on FNB's reported figures, net interest income rose from $316.0M in 2024Q2 to $376.5M in 2026Q3, a cumulative gain of roughly 19%, with the latest quarter's year-over-year growth at 4.9% suggesting a moderating pace of expansion.

The quarterly trajectory shows NII stepping up through 2025 and sustaining above $360M, which points to balance sheet growth and repricing benefits outweighing funding cost pressure. The decelerating year-over-year rate in 2026Q3 relative to the double-digit gains in early 2026 may indicate that the initial rate-driven tailwind is fading, so investors should monitor whether loan volume growth can carry NII without further margin support.

Flat NIM Masks Mix Shifts

FNB's reported net interest margin has held at approximately 0.7% across the ten quarters shown, indicating that NII gains have come from balance sheet scale rather than spread expansion, which warrants closer scrutiny of asset yield versus funding cost dynamics.

A stable headline NIM alongside growing NII implies earning asset growth is doing the work, but the rounded 0.7% figure limits precision on basis-point movements that matter for deposit beta analysis. Peer comparison is constrained because the peer set does not disclose comparable NIM data, so positioning relative to competitors cannot be reliably assessed from the supplied information.

Efficiency Ratio Deteriorates Into 2026

According to reported quarterly data, FNB's efficiency ratio climbed from 48.4% in 2026Q3 to a peak of 59.7% in 2025Q4, with 2026Q1 at 57.3%, indicating that expense growth has at times outpaced revenue growth.

The efficiency ratio fluctuates materially across quarters, which may reflect the lumpiness of non-interest expense or the timing of revenue items rather than a structural trend. The 2026Q3 improvement to 48.4% is encouraging, but investors should monitor whether this reflects sustained cost discipline or a temporary revenue spike, as the quarterly swings suggest limited operating leverage visibility.

Provisions Trend Lower Since Mid-2025

As reported in financial statements, FNB's provision expense peaked at $26.0M in 2025Q2 and declined to $19.6M in 2026Q3, with the provision-to-NII ratio falling from roughly 7.5% to about 5.2% over that span.

The reduction in provision expense suggests either improving credit quality or a more benign reserve assumption, and the reported figures alone cannot distinguish between these explanations. Investors should monitor whether the lower provision run-rate persists, since charge-off data and reserve coverage ratios were not included in the supplied dataset and therefore cannot be evaluated.

Fee Income Share Remains Subdued

Based on FNB's reported figures, non-interest income comprised 19.7% of total revenue in 2026Q3, down from 21.4% in 2025Q3, suggesting a reduced reliance on fee-based earnings relative to the lending franchise.

Fee income has been volatile, dipping to $51.0M in 2024Q4 before recovering to $92.6M, which suggests some transactional or market-sensitive components. Without a breakdown of wealth management versus transaction-based fees, the recurring quality of fee income cannot be assessed, and investors should treat the fee share decline as a signal warranting further investigation rather than a proven trend.

Earnings Quality Questioned by EPS Volatility

FNB's diluted EPS swung from $0.30 in 2024Q4 to $0.47 in 2025Q4, while net income rose only modestly, which may indicate that per-share gains are being influenced by factors beyond core operating performance.

The gap between EPS growth of 130.8% and the underlying net income trajectory in 2024Q4 suggests share count or one-time items may be distorting per-share figures, and the reported data does not disclose these adjustments. Given the flat NIM, moderating NII growth, and fee share decline, the bull case rests heavily on continued provision relief, which may not be sustainable if credit conditions deteriorate.

FNB — Frequently Asked Questions

Quick answers to the most common questions about buying FNB stock.

What was F.N.B. Corporation's (FNB) revenue in 2025?

For fiscal year 2025, F.N.B. Corporation (FNB) reported total revenue of $1.77B. This represents a 1157.2% increase compared to $140.4M in 1996.

Is F.N.B. Corporation (FNB) profitable?

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 32.0%.

What is F.N.B. Corporation's operating profit margin?

F.N.B. Corporation (FNB) reported an operating income of $669.4M, resulting in an operating profit margin of 37.9%. This margin reflects the operational efficiency of the business before interest and taxes.

What is F.N.B. Corporation's gross profit and gross margin?

F.N.B. Corporation (FNB) generated $1.68B in gross profit for the year, representing a gross profit margin of 95.1%. This demonstrates the company's core pricing power and production efficiency.