Welcome to our dedicated page for F N B news (Ticker: FNB), a resource for investors and traders seeking the latest updates and insights on F N B stock.
FNB Corporation (FNB) provides comprehensive financial services across consumer banking, commercial lending, and wealth management. This news hub delivers verified updates directly from the company and trusted financial sources.
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Key updates focus on community banking developments, technology investments, and risk management practices across FNB's operational regions including Pittsburgh, Baltimore, and Cleveland. Content is organized for quick scanning while maintaining regulatory compliance.
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F.N.B. Corporation (NYSE: FNB) has declared a quarterly cash dividend of $0.12 per share on its common stock. This dividend is set to be paid on June 15, 2022, to shareholders recorded as of the close of business on June 3, 2022. Headquartered in Pittsburgh, Pennsylvania, FNB operates across seven states and the District of Columbia, offering a variety of financial services. The corporation possesses total assets approximating $42 billion and maintains over 340 banking offices in multiple states.
F.N.B. Corporation (NYSE: FNB) has been recognized by Forbes as one of the World's Best Banks for the second consecutive year, ranking among 75 banks in the U.S. and 435 globally. This accolade is based on consumer feedback assessing satisfaction and trust. CEO Vincent J. Delie Jr. noted that this recognition reflects FNB's commitment to customer experience. In 2022, FNB was also named among America's Best Banks and earned multiple awards for excellence in commercial banking and workplace culture.
F.N.B. Corporation (NYSE: FNB) will release its first-quarter 2022 financial results on April 18, 2022, after market close. A conference call to discuss these results is scheduled for April 19, 2022, at 8:30 AM ET. Key executives, including CEO Vincent J. Delie, Jr. and CFO Vincent J. Calabrese, Jr., will lead the call. Participants can pre-register for the call and access related materials via FNB's website. The replay will be available until April 26, 2022.
F.N.B. Corporation has promoted Brent J. Semachko to Director of Corporate Responsibility, a role focused on enhancing community development and corporate responsibility strategies. He will oversee initiatives including Community Reinvestment Act programs, ESG initiatives, and corporate giving campaigns. Semachko, who joined FNB in 2018, aims to strengthen the bank's community relationships through strategic investments and partnerships. This appointment reflects FNB's commitment to social and economic development, as emphasized by CEO Vincent J. Delie, Jr..
FNB has expanded its Affordable Mortgage offerings with two new refinance programs, Fannie Mae RefiNow™ and Freddie Mac Refi PossibleSM, targeting homeowners with incomes at or below the area median income. These programs facilitate refinancing at lower rates and include up to $500 in appraisal cost credits. Additionally, the Closing Cost Assistance Grant will increase to $5,000 starting April 2022, supporting low- to moderate-income borrowers. These initiatives aim to enhance economic equality and improve access to homeownership.
F.N.B. Corporation (NYSE: FNB) was honored with Greenwich Excellence and Best Brand Awards for 2021, receiving 17 awards for excellence in middle market and small business banking. Recognized as a top 10 bank, FNB's innovative Clicks-to-Bricks strategy has improved client service and technology integration. FNB is commended for its strong cash management services and client satisfaction in various categories, including likelihood to recommend. With over 80 awards in the last decade, FNB continues to reinforce its reputation as a leading commercial bank.
First National Bank, a subsidiary of F.N.B. Corporation (NYSE: FNB), has been recognized as a 2021 Best Places to Work in Western Pennsylvania in the extra-large category. This marks the tenth time FNB has received this honor since 2011, being the only bank in the ranking by the Pittsburgh Business Times. The award is based on employee satisfaction surveys conducted by Quantum, highlighting FNB's commitment to its workforce. The bank operates over 80 branches in the region and has received more than 35 awards for workplace excellence.
F.N.B. Corporation (NYSE: FNB) has successfully completed its merger with Howard Bancorp, Inc. on January 22, 2022. Following the merger, FNB's total assets stand at approximately $42 billion, with total loans at $27 billion and deposits at $33 billion. The integration will provide Howard customers enhanced digital banking services and an expanded suite of financial products. This acquisition solidifies FNB's position in the Mid-Atlantic market, increasing its retail deposit share in Baltimore. The branding transition is set to conclude on February 7, 2022.
F.N.B. Corporation (NYSE: FNB) declared a quarterly cash dividend of $18.13 per share, equivalent to $0.45325 per depositary share of its Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: FNB.PRE). The dividend is scheduled for payment on February 15, 2022, to shareholders on record as of January 31, 2022. FNB operates over 330 banking offices and has total assets of $40 billion, providing a comprehensive range of financial services across several states and major metropolitan areas including Pittsburgh, Baltimore, and Charlotte.