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

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Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

F.N.B. Corporation (NYSE: FNB) declared a $0.12 quarterly cash dividend on common stock, payable on June 15, 2021, to shareholders of record as of June 1, 2021. The company, headquartered in Pittsburgh, Pennsylvania, has total assets exceeding $37 billion and operates nearly 340 banking offices across multiple states. FNB provides a comprehensive range of commercial and consumer banking services, along with wealth management solutions, reinforcing its position as a significant player in the financial services sector.

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Positive

  • Declaring a quarterly cash dividend of $0.12 per share.
  • Demonstrates financial stability with total assets over $37 billion.
  • Diverse service offerings in commercial and consumer banking.

Negative

  • None.
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-0.77% session move Open Argus
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News Market Reaction – FNB

The recorded move for FNB in the trading session of this news was -0.77%.

Data tracked by StockTitan Argus. Session date unavailable.

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PITTSBURGH, April 14, 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 June 15, 2021, to shareholders of record as of the close of business on June 1, 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 $37 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.

Cision View original content:http://www.prnewswire.com/news-releases/fnb-corporation-declares-cash-dividend-of-0-12-on-common-stock-301269230.html

SOURCE F.N.B. Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by FNB Corporation?

FNB Corporation declared a quarterly cash dividend of $0.12 per share.

When will the dividend be paid to shareholders?

The dividend will be payable on June 15, 2021.

Who is eligible for the FNB dividend payment?

Shareholders of record as of June 1, 2021, are eligible for the dividend payment.

What are FNB Corporation's total assets?

FNB Corporation has total assets exceeding $37 billion.

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