F.N.B. Corporation (FNB) Income Statement Analysis

See more : Exploits Discovery Corp. (NFLD.CN) Income Statement Analysis – Financial Results

Complete financial analysis of F.N.B. Corporation (FNB) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of F.N.B. Corporation, a leading company in the Banks – Regional industry within the Financial Services sector.

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F.N.B. Corporation (FNB)

Industry: Banks - Regional

Sector: Financial Services

Website: https://www.fnb-online.com

About F.N.B. Corporation

F.N.B. Corporation, a financial holding company, provides a range of financial services primarily to consumers, corporations, governments, and small- to medium-sized businesses. The company operates through three segments: Community Banking, Wealth Management, and Insurance. It offers commercial banking solutions, including corporate and small business banking, investment real estate financing, business credit, capital market, and lease financing services. The company also provides consumer banking products and services, such as deposit products, mortgage and consumer lending services, and mobile and online banking services; and wealth management services comprising personal and corporate fiduciary services comprising administration of decedent and trust estates; securities brokerage and investment advisory services, mutual funds, and annuities; and commercial and personal insurance, and reinsurance products, as well as mezzanine financing options for small- to medium-sized businesses. As of December 31, 2021, it operated 334 banking offices in Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, South Carolina, Washington, D.C., and Virginia. F.N.B. Corporation was founded in 1864 and is headquartered in Pittsburgh, Pennsylvania.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988
Revenue	2.23B	1.44B	1.24B	1.22B	1.21B	1.21B	1.10B	813.27M	668.27M	631.47M	538.79M	511.70M	444.39M	403.30M	380.41M	355.10M	276.56M	268.11M	246.36M	248.20M	424.05M	401.99M	253.83M	211.20M	195.30M	164.30M	134.10M	96.00M	92.30M	89.10M	86.20M	76.70M	62.30M	51.10M	0.00	0.00
Cost of Revenue	4.02M	0.00	0.00	0.00	0.00	140.00K	0.00	8.17M	13.80M	11.83M	10.91M	10.75M	7.90M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	2.23B	1.44B	1.24B	1.22B	1.21B	1.21B	1.10B	805.10M	654.47M	619.64M	527.88M	500.95M	436.49M	403.30M	380.41M	355.10M	276.56M	268.11M	246.36M	248.20M	424.05M	401.99M	253.83M	211.20M	195.30M	164.30M	134.10M	96.00M	92.30M	89.10M	86.20M	76.70M	62.30M	51.10M	0.00	0.00
Gross Profit Ratio	99.82%	100.00%	100.00%	100.00%	100.00%	99.99%	100.00%	99.00%	97.94%	98.13%	97.97%	97.90%	98.22%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	0.00%	0.00%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	523.00M	519.61M	506.76M	494.86M	462.38M	468.27M	359.80M	259.00M	214.86M	205.74M	190.16M	168.22M	149.82M	126.26M	178.93M	119.59M	89.53M	86.21M	83.69M	74.02M	170.90M	143.21M	99.93M	76.60M	70.20M	57.90M	46.40M	30.40M	29.10M	27.70M	27.90M	24.20M	20.60M	17.50M	0.00	0.00
Selling & Marketing	17.00M	15.67M	14.32M	13.00M	13.00M	0.00	11.51M	10.14M	8.40M	7.82M	6.35M	4.99M	6.38M	5.16M	5.32M	4.59M	2.91M	2.85M	3.21M	2.14M	3.86M	3.70M	2.70M	2.50M	2.80M	2.40M	2.20M	1.80M	2.30M	2.10M	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	540.00M	535.28M	521.08M	494.86M	462.38M	468.27M	359.80M	259.00M	214.86M	205.74M	190.16M	168.22M	149.82M	126.26M	184.25M	124.18M	92.44M	89.05M	86.90M	76.17M	174.76M	146.91M	102.63M	79.10M	73.00M	60.30M	48.60M	32.20M	31.40M	29.80M	27.90M	24.20M	20.60M	17.50M	0.00	0.00
Other Expenses	1.03B	-519.28M	-1.25B	-1.37B	-1.20B	-987.00M	-184.73M	-146.82M	-555.47M	0.00	0.00	0.00	66.00K	2.34M	7.89M	0.00	0.00	0.00	0.00	-150.64M	-384.59M	-309.77M	-164.71M	-92.20M	-105.30M	-73.30M	-54.10M	-42.80M	-38.90M	-48.50M	-43.80M	-28.60M	3.50M	12.60M	8.60M	7.80M
Operating Expenses	1.57B	16.00M	-733.80M	-873.15M	-740.69M	-518.00M	11.51M	10.14M	-340.61M	7.82M	6.35M	4.99M	6.38M	5.16M	5.32M	4.59M	2.91M	3.21M	2.14M	-74.48M	-209.83M	-162.87M	-62.08M	-13.10M	-32.30M	-13.00M	-5.50M	-10.60M	-7.50M	-18.70M	-15.90M	-4.40M	24.10M	30.10M	8.60M	7.80M
Cost & Expenses	1.57B	16.00M	-733.80M	-873.15M	-740.69M	-518.00M	11.51M	18.31M	13.80M	19.66M	17.26M	15.74M	14.27M	5.16M	5.32M	4.59M	2.91M	3.21M	2.14M	-74.48M	-209.83M	-162.87M	-62.08M	-13.10M	-32.30M	-13.00M	-5.50M	-10.60M	-7.50M	-18.70M	-15.90M	-4.40M	24.10M	30.10M	8.60M	7.80M
Interest Income	1.97B	1.28B	1.00B	1.13B	1.25B	1.17B	980.33M	678.96M	546.80M	508.98M	440.39M	431.91M	399.02M	373.72M	387.58M	409.78M	368.89M	342.42M	297.19M	254.45M	423.31M	426.78M	296.69M	290.90M	254.90M	236.00M	195.50M	139.00M	135.40M	124.90M	125.50M	125.80M	124.20M	112.50M	0.00	0.00
Interest Expense	656.00M	165.17M	98.23M	208.22M	329.78M	237.71M	133.89M	67.45M	48.57M	42.69M	44.34M	59.06M	74.62M	88.73M	121.18M	157.99M	174.05M	153.59M	108.78M	84.39M	129.84M	145.67M	125.67M	135.30M	106.50M	103.40M	84.50M	58.30M	58.10M	50.20M	55.30M	62.50M	72.80M	69.30M	0.00	0.00
Depreciation & Amortization	78.00M	63.00M	58.00M	56.00M	56.00M	55.00M	51.84M	34.57M	8.31M	9.72M	8.41M	9.14M	7.23M	6.71M	25.86M	20.97M	13.43M	14.47M	15.32M	14.62M	31.97M	20.23M	13.92M	12.60M	11.30M	8.60M	6.90M	4.10M	4.70M	6.20M	7.70M	6.20M	3.90M	3.30M	0.00	0.00
EBITDA	0.00	616.00M	561.00M	390.00M	504.00M	489.00M	405.16M	280.95M	257.96M	235.06M	186.53M	177.26M	0.00	121.03M	103.20M	97.19M	111.57M	0.00	0.00	89.33M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	8.60M	7.80M
EBITDA Ratio	0.00%	50.70%	41.65%	29.33%	40.03%	66.13%	52.69%	46.03%	48.21%	45.84%	51.53%	47.89%	48.64%	54.35%	51.90%	62.46%	103.28%	98.93%	81.67%	75.88%	58.06%	64.52%	81.03%	99.76%	89.25%	97.32%	101.04%	93.23%	96.97%	85.97%	90.49%	102.35%	144.94%	165.36%	0.00%	0.00%
Operating Income	0.00	717.91M	503.10M	343.49M	470.82M	690.00M	561.44M	363.13M	313.86M	279.76M	269.26M	235.93M	208.94M	212.49M	171.56M	200.82M	272.19M	250.77M	61.80M	173.72M	214.22M	239.12M	191.75M	198.10M	163.00M	151.30M	128.60M	85.40M	84.80M	70.40M	70.30M	72.30M	86.40M	81.20M	8.60M	7.80M
Operating Income Ratio	0.00%	49.74%	40.67%	28.23%	38.86%	57.11%	51.09%	44.65%	46.97%	44.30%	49.97%	46.11%	47.02%	52.69%	45.10%	56.55%	98.42%	93.53%	25.08%	69.99%	50.52%	59.48%	75.54%	93.80%	83.46%	92.09%	95.90%	88.96%	91.87%	79.01%	81.55%	94.26%	138.68%	158.90%	0.00%	0.00%
Total Other Income/Expenses	584.00M	-52.02M	-4.64M	-63.63M	23.00M	18.00M	-53.57M	-37.44M	-3.03M	-9.61M	-8.24M	-7.61M	51.83M	-2.96M	-7.89M	-21.91M	-328.00K	736.00K	-4.76M	4.05M	-129.84M	-145.67M	-125.67M	-135.30M	-106.50M	-103.40M	-93.30M	-58.30M	-58.10M	-50.20M	-55.30M	-62.50M	-72.80M	-69.30M	0.00	0.00
Income Before Tax	584.00M	552.74M	503.10M	343.49M	470.82M	452.38M	356.27M	246.39M	237.28M	213.57M	169.53M	161.57M	126.95M	102.54M	50.38M	42.83M	98.14M	97.19M	77.11M	89.33M	84.39M	93.45M	66.08M	62.80M	56.50M	47.90M	35.30M	27.10M	26.70M	20.20M	15.00M	9.80M	13.60M	11.90M	0.00	0.00
Income Before Tax Ratio	26.18%	38.30%	40.67%	28.23%	38.86%	37.44%	32.42%	30.30%	35.51%	33.82%	31.46%	31.57%	28.57%	25.42%	13.24%	12.06%	35.49%	36.25%	31.30%	35.99%	19.90%	23.25%	26.03%	29.73%	28.93%	29.15%	26.32%	28.23%	28.93%	22.67%	17.40%	12.78%	21.83%	23.29%	0.00%	0.00%
Income Tax Expense	99.00M	113.63M	98.50M	57.49M	83.57M	79.52M	157.07M	75.50M	69.99M	62.62M	44.76M	43.77M	39.90M	27.88M	9.27M	7.24M	28.46M	29.54M	21.85M	27.54M	25.60M	30.11M	21.51M	20.10M	17.20M	16.00M	11.00M	8.70M	8.60M	6.70M	4.50M	3.00M	3.60M	2.80M	-8.60M	-7.80M
Net Income	485.00M	439.00M	405.00M	286.00M	387.25M	372.86M	199.20M	170.89M	159.65M	144.05M	117.80M	110.41M	87.05M	74.65M	41.11M	35.60M	69.68M	67.65M	55.26M	61.80M	58.79M	63.34M	44.57M	42.70M	39.30M	31.90M	33.10M	18.40M	18.10M	13.50M	10.50M	6.80M	10.00M	9.10M	8.60M	7.80M
Net Income Ratio	21.74%	30.42%	32.74%	23.51%	31.96%	30.86%	18.13%	21.01%	23.89%	22.81%	21.86%	21.58%	19.59%	18.51%	10.81%	10.02%	25.19%	25.23%	22.43%	24.90%	13.86%	15.76%	17.56%	20.22%	20.12%	19.42%	24.68%	19.17%	19.61%	15.15%	12.18%	8.87%	16.05%	17.81%	0.00%	0.00%
EPS	1.32	1.23	1.24	0.86	1.17	1.15	0.63	0.79	0.87	0.81	0.81	0.79	0.70	0.66	0.32	0.44	1.16	1.15	0.99	1.31	1.27	1.37	1.19	1.38	1.54	1.29	1.61	1.01	1.56	1.15	0.88	0.48	0.79	0.80	0.76	0.70
EPS Diluted	1.31	1.22	1.23	0.85	1.16	1.15	0.63	0.78	0.86	0.80	0.80	0.79	0.70	0.65	0.32	0.44	1.15	1.14	0.98	1.29	1.25	1.35	1.17	1.35	1.49	1.24	1.53	0.99	1.49	1.12	0.87	0.48	0.79	0.80	0.76	0.70
Weighted Avg Shares Out	361.22M	349.98M	319.79M	323.37M	324.94M	322.85M	303.43M	206.14M	174.26M	167.53M	145.44M	139.14M	124.15M	113.92M	102.58M	80.65M	60.14M	58.83M	55.82M	47.17M	46.24M	46.05M	28.22M	31.63M	26.12M	25.16M	22.16M	20.79M	10.99M	10.95M	10.96M	14.05M	12.67M	11.42M	11.31M	11.12M
Weighted Avg Shares Out (Dil)	362.90M	354.05M	323.48M	325.49M	326.06M	325.62M	303.86M	207.77M	176.34M	169.08M	147.81M	140.64M	125.01M	114.28M	102.85M	81.00M	60.63M	59.34M	56.39M	47.90M	46.98M	46.73M	28.95M	32.33M	27.04M	26.16M	23.30M	21.42M	12.16M	10.95M	10.96M	14.05M	12.67M	11.42M	11.31M	11.12M

F.N.B. Corporation Appears Fairly Valued With A Lacklustre Earnings Outlook

July 5, 2024seekingalpha.com

The economic environment will likely keep loan growth close to last year's level for the remainder of this year. The margin will likely face pressure amid a falling interest-rate environment. My December 2024 target price is quite close to the...

F.N.B. Corporation Schedules Second Quarter 2024 Earnings Report and Conference Call

June 27, 2024prnewswire.com

PITTSBURGH , June 27, 2024 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) announced today that it plans to issue financial results for the second quarter of 2024 after the market close on Wednesday, July 17, 2024.

Governor Shapiro Tours New FNB Headquarters in Pittsburgh

June 24, 2024prnewswire.com

PITTSBURGH , June 24, 2024 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) announced today that Chairman, President and Chief Executive Officer Vincent J.

FNB Enhances Bank Operations With New Structure

June 17, 2024prnewswire.com

Justin Kurth Leads Streamlined Operations Organization Focused on Risk Management, Efficiency and Innovation PITTSBURGH , June 17, 2024 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB), the parent Company of First National Bank, today announced it has enhanced its Bank Operations with a...

FNB's eStore® Named Best Digital Initiative Nationally

June 10, 2024prnewswire.com

F.N.B. Corporation Recognized at Banking Tech Awards USA PITTSBURGH , June 10, 2024 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) announced today that eStore® was named the Best Digital Initiative at the 2024 Banking Tech Awards USA.

Moody's Reviewing Six Regional Banks for Possible Downgrades

June 7, 2024investopedia.com

Shares of six regional banks declined Friday, a day after Moody's placed them on a long-term ratings review for possible downgrades because of their substantial exposure to potentially risky real estate loans.

6 Regional Banks' Ratings on Review for Downgrade by Moody's

June 7, 2024zacks.com

Old National (ONB), Fulton (FULT), FNB, WaFd (WAFD) and two other regional banks' ratings are on review for downgrade by Moody's due to concerns over CRE exposure.

Moody's puts several U.S. regional banks on downgrade review over commercial real-estate concerns

June 7, 2024marketwatch.com

Moody's Ratings has placed the long-term debt ratings of Old National Bancorp. and several other U.S. regional banks on review for downgrade amid concerns over commercial real-estate exposure.

F.N.B. Corporation Continues To Expand in Headquarters Building

May 28, 2024prnewswire.com

PITTSBURGH , May 28, 2024 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) today shared an inside look at the state-of-the-art space in its new corporate headquarters, FNB Financial Center.