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

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Rhea-AI Summary

F.N.B. Corporation (NYSE: FNB) has announced a quarterly cash dividend of $0.12 per share, payable on December 15, 2021. Shareholders must be on record by the close of business on December 3, 2021. Headquartered in Pittsburgh, FNB operates in seven states and the District of Columbia, boasting total assets exceeding $38 billion and nearly 340 banking offices. The bank provides comprehensive commercial and consumer banking solutions, as well as wealth management services.

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Positive

  • Declared quarterly cash dividend of $0.12 per share.
  • Dividend payment reflects company confidence and commitment to shareholders.

Negative

  • None.

News Market Reaction – FNB

+2.30%
+2.30% Session move

In the trading session that priced this news, FNB gained 2.30%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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PITTSBURGH, Oct. 13, 2021 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) today announced it declared a quarterly cash dividend of $0.12 per share on its common stock. The dividend is payable on December 15, 2021, to shareholders of record as of the close of business on December 3, 2021.

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.; and Charlotte, Raleigh, Durham and the Piedmont Triad (Winston-Salem, Greensboro and High Point) in North Carolina. The Company has total assets of more than $38 billion and nearly 340 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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Cision View original content:https://www.prnewswire.com/news-releases/fnb-corporation-declares-cash-dividend-of-0-12-on-common-stock-301399739.html

SOURCE F.N.B. Corporation

FAQ

What is the FNB dividend amount for December 2021?

The FNB dividend amount is $0.12 per share.

When will FNB's dividend be paid?

FNB's dividend will be paid on December 15, 2021.

What is the record date for FNB's dividend?

The record date for FNB's dividend is December 3, 2021.

Is FNB a sustainable investment?

FNB's consistent dividend payments indicate solid financial health, but investors should consider broader market conditions.