F N B Corp Stock Price, News & Analysis

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.

F.N.B. Corporation (NYSE: FNB) reported a strong fourth quarter of 2021, with net income available to common stockholders at $96.5 million or $0.30 per diluted share, up from $70.2 million in Q4 2020. Full-year net income reached $396.6 million, marking an increase of 42.6% compared to 2020. The company achieved record total revenue of $1.2 billion and a return on tangible common equity of 15%. Loan growth, excluding PPP loans, was 6% for the year, driven by increases in both commercial and consumer loans. The tangible book value per share rose 9% to $8.59.

F.N.B. Corporation (NYSE: FNB) has declared a quarterly cash dividend of $0.12 per share on its common stock, payable on March 15, 2022. Shareholders of record as of March 4, 2022 will receive the dividend. Headquartered in Pittsburgh, Pennsylvania, FNB is a diversified financial services company with over $39 billion in total assets and more than 330 banking offices across several states and the District of Columbia. FNB offers a wide range of commercial and consumer banking services, as well as wealth management solutions.

F.N.B. Corporation (NYSE: FNB) has launched Physicians First, a fully digital solution catering to the financial needs of healthcare professionals such as physicians, dentists, and veterinarians. This program offers a bundle of loan and deposit products tailored to the medical field, including a new Education Refinance Loan for medical school debt. FNB's initiative supports over 250,000 healthcare professionals in its operational states and aims to strengthen client relationships through enhanced digital banking capabilities.

F.N.B. Corporation (NYSE: FNB) will release its fourth quarter 2021 financial results after market close on January 19, 2022. A conference call to discuss these results is scheduled for January 20, 2022, at 8:30 AM ET. Participants can pre-register to access the call at their convenience. The company, headquartered in Pittsburgh, operates across several states with assets exceeding $39 billion and over 330 banking offices. FNB provides a wide range of financial services, including commercial and consumer banking, investment real estate financing, and wealth management.

F.N.B. Corporation (NYSE: FNB) announced its banking subsidiary, First National Bank of Pennsylvania, received an Outstanding Community Reinvestment Act (CRA) rating from the Office of the Comptroller of the Currency for 2018-2020. This rating reflects FNB's success in meeting the credit needs of low- and moderate-income individuals. Notably, FNB is among less than 10% of banks rated Outstanding. The evaluation highlighted FNB's innovative lending practices, community development loans, and significant investments aimed at supporting underserved communities.

F.N.B. Corporation (NYSE: FNB) announced its eStyle no-overdraft checking account has received National Bank On certification from the Cities for Financial Empowerment Fund. This certification highlights its affordability and consumer safety, joining over 150 certified accounts nationwide. The eStyle Account features no overdraft fees, low costs, and essential banking capabilities. FNB aims to bridge banking access gaps for underbanked consumers while enhancing its financial education programs and expanding its ATM network in key urban markets, further strengthening its community commitment.

F.N.B. Corporation (NYSE: FNB) has integrated its eStore shopping tool into the FNB Direct mobile app, enhancing digital banking capabilities. This upgrade includes a user-friendly design, allowing customers to conduct transactions, shop for financial products, and schedule consultations with bankers. Customers can now apply for various loans online, with 61% of mortgage applications submitted digitally since the launch of the digital mortgage experience. The company aims to improve efficiency and customer experience through these innovations.

F.N.B. Corporation (NYSE: FNB) has received all necessary regulatory approvals for its merger with Howard Bancorp, Inc. (NASDAQ: HBMD), including from the Federal Reserve and other financial regulatory bodies. The merger is expected to enhance FNB's market position in the Mid-Atlantic region, ranking sixth in deposit share in Baltimore. FNB anticipates a 4% accretion to earnings per share and minimal impact on tangible book value. The merger requires approval from Howard's shareholders, with a vote scheduled for November 9, 2021. The exchange ratio for Howard stockholders is fixed at 1.8 shares of FNB common stock for each share of Howard.