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F.N.B. Corp. - FNB STOCK NEWS

Welcome to our dedicated news page for F.N.B. (Ticker: FNB), a resource for investors and traders seeking the latest updates and insights on F.N.B..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect F.N.B.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of F.N.B.'s position in the market.

Rhea-AI Summary
F.N.B. reported strong first quarter 2024 earnings with net income available to common stockholders of $116.3 million, operating earnings per diluted common share of $0.34, and a record tangible common equity ratio of 8%. The company experienced growth in loans and deposits, with total loans and leases increasing by 6.2% and total deposits increasing by 1.6%. Non-interest income reached $87.9 million, and the company's credit quality remained strong with a decrease in non-performing loans and OREO. F.N.B. also saw improvements in its capital measures, including a Common Equity Tier 1 ratio of 10.2% and a tangible book value per common share of $9.64.
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F.N.B. (NYSE: FNB) will release its first-quarter 2024 financial results on April 17, 2024, followed by a conference call on April 18, 2024. Vincent J. Delie, Jr., Vincent J. Calabrese, Jr., and Gary L. Guerrieri will host the call.
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-1.37%
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F.N.B. 's subsidiary, First National Bank, has been recognized as a Top Workplace USA for the fourth consecutive year by Energage and USA Today, showcasing a strong employee experience.
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1.87%
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F.N.B. Corporation (NYSE: FNB) has been awarded over 100 Greenwich Excellence and Best Brand Awards since 2011, showcasing its commitment to small and middle market business clients. The company received eight national and regional Excellence Awards for exceptional performance in various categories. FNB was also recognized nationally in the Best Brand Awards for Ease of Doing Business, Trust, and Values Long-Term Relationships.
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-0.15%
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F.N.B. Corporation (FNB) declares a quarterly cash dividend of $0.12 per share on its common stock, payable on March 15, 2024, to shareholders of record as of March 6, 2024.
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-2.92%
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F.N.B. Corporation (NYSE: FNB) receives awards as a Top Hispanic Employer and Top Black Employer for the second year in a row from DiversityComm, highlighting its commitment to inclusivity and workplace diversity.
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1.6%
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F.N.B. Corporation reported earnings for the fourth quarter of 2023 with net income available to common stockholders of $48.7 million, or $0.13 per diluted common share. Full-year 2023 net income available to common stockholders was $476.8 million, or $1.31 per diluted common share. The company completed the sale of approximately $650 million of available-for-sale investment securities and transferred $355 million of indirect auto loans to held-for-sale. The sale of investment securities resulted in a realized loss (pre-tax) of $67.4 million in the fourth quarter of 2023. The company's tangible book value per common share grew by 14.5% year-over-year to an all-time high of $9.47. F.N.B. Corporation's ongoing proactive balance sheet management strategy is expected to generate additional net interest income, margin, and improve capital generation as they enter 2024.
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2.07%
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F.N.B. Corporation (NYSE: FNB) and its banking subsidiary, First National Bank, have introduced a new universal application that allows consumers to apply for deposit products and loans simultaneously. This initiative aims to streamline the application process for customers, providing a more convenient and efficient experience. The new feature is expected to enhance customer satisfaction and drive growth for the corporation and its banking subsidiary.
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F.N.B. Corporation (NYSE: FNB) announces the redemption of all $110 million aggregate liquidation preference of the Depositary Shares representing interests in its 7.25% Fixed Rate / Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: FNB PRE). The quarterly cash dividend of $18.13 per share on the Series E Preferred Stock will be paid on February 15, 2024, to shareholders of record as of January 31, 2024.
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Rhea-AI Sentiment
End-of-Day
-1.48%
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dividends
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F.N.B. Corporation (NYSE: FNB) plans to issue financial results for Q4 2023 on January 18, 2024, with a conference call hosted by Chairman, President, and CEO Vincent J. Delie, Jr., CFO Vincent J. Calabrese, Jr., and Chief Credit Officer Gary L. Guerrieri on January 19, 2024.
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-2.81%
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F.N.B. Corp.

NYSE:FNB

FNB Rankings

FNB Stock Data

4.69B
353.81M
1.16%
80.38%
2.93%
Commercial Banking
Finance and Insurance
Link
US
Pittsburgh

About FNB

f.n.b. corporation (nyse: fnb), headquartered in pittsburgh, pennsylvania, is a diversified financial services company operating in six states and three major metropolitan areas. it holds a top retail deposit market share in pittsburgh, pa, baltimore, md, and cleveland, oh. the company has total assets of $16.8 billion and nearly 290 banking offices throughout pennsylvania, maryland, ohio and west virginia. f.n.b. provides a full range of commercial banking, consumer banking and wealth management solutions through its subsidiary network which is led by its largest affiliate, first national bank of pennsylvania, founded in 1864. commercial banking solutions include corporate banking, small business banking, investment real estate financing, international banking, business credit, capital markets and lease financing. the consumer banking segment provides a full line of consumer banking products and services including deposit products, mortgage lending, consumer lending and a complete s