F.N.B. Corporation Declares Cash Dividend of $0.12 on Common Stock

Rhea-AI Summary

F.N.B. Corporation (NYSE: FNB) has declared a quarterly cash dividend of $0.12 per share on its common stock. This dividend is scheduled for payment on June 15, 2023, to shareholders of record as of June 2, 2023. Operating primarily in seven states and the District of Columbia, FNB has nearly $44 billion in total assets and approximately 350 banking offices. The company provides a comprehensive range of financial services, including commercial banking, consumer banking, and wealth management solutions. FNB's common stock is traded on the New York Stock Exchange and is part of the Standard & Poor's MidCap 400 Index.

Positive

• Declared a cash dividend of $0.12 per share, indicating steady financial performance.
• Total assets nearing $44 billion reflect significant growth and market presence.

Negative

• None.

News Market Reaction – FNB

+3.02%

+3.02% Session move

In the trading session that priced this news, FNB gained 3.02%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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PITTSBURGH, April 17, 2023 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) announced it declared a quarterly cash dividend of $0.12 per share on its common stock. The dividend is payable on June 15, 2023, to shareholders of record as of the close of business on June 2, 2023.

About F.N.B. Corporation

F.N.B. Corporation (NYSE: FNB), headquartered in Pittsburgh, Pennsylvania, is a diversified financial services company operating in seven states and the District of Columbia. FNB's market coverage spans several major metropolitan areas, including: Pittsburgh, Pennsylvania; Baltimore, Maryland; Cleveland, Ohio; Washington, D.C.; Charlotte, Raleigh, Durham and the Piedmont Triad (Winston-Salem, Greensboro and High Point) in North Carolina; and Charleston, South Carolina. The Company has total assets of nearly $44 billion and approximately 350 banking offices throughout Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, South Carolina, Washington, D.C. and Virginia.

FNB 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, government 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 suite of mobile and online banking services. FNB's wealth management services include asset management, private banking and insurance.

The common stock of F.N.B. Corporation trades on the New York Stock Exchange under the symbol "FNB" and is included in Standard & Poor's MidCap 400 Index with the Global Industry Classification Standard (GICS) Regional Banks Sub-Industry Index. Customers, shareholders and investors can learn more about this regional financial institution by visiting the F.N.B. Corporation website at www.fnbcorporation.com.

 

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SOURCE F.N.B. Corporation

FAQ

What is the dividend amount declared by F.N.B. Corporation?

F.N.B. Corporation declared a cash dividend of $0.12 per share.

When is the dividend payable for F.N.B. Corporation?

The dividend is payable on June 15, 2023.

What is the record date for the dividend payment of F.N.B. Corporation?

The record date for the dividend payment is June 2, 2023.

What services does F.N.B. Corporation provide?

F.N.B. Corporation offers commercial banking, consumer banking, and wealth management solutions.

In how many states does F.N.B. Corporation operate?

F.N.B. Corporation operates in seven states and the District of Columbia.