This quarterly report represents an earnings surprise of -2.86%. A quarter ago, it was expected that this financial holding company would post earnings of $0.33 per share when it actually produced earnings of $0.34, delivering a surprise of 3.03%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Empirical research shows a strong correlation between near-term s ...

PITTSBURGH, July 17, 2024 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) reported earnings for the second quarter of 2024 with net income available to common stockholders of $123.0 million, or $0.34 per diluted common share. Comparatively, second quarter of 2023 net income available to common stockholders totaled $140.4 million, or $0.39 per diluted common share, and first quarter of 2024 net income available to common stockholders totaled $116.3 million, or $0.32 per diluted common share. On an operating b ...

Analysts on Wall Street project that F.N.B. (FNB) will announce quarterly earnings of $0.35 per share in its forthcoming report, representing a decline of 10.3% year over year. Revenues are projected to reach $407.46 million, declining 0.5% from the same quarter last year. Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical s ...

Additional Awards Based on Employee Feedback Highlight the Company's Strong Leadership and PeopleCentric Culture The Top Workplace awards are based on employee feedback gathered through surveys distributed by Energage, an independent research firm committed to studying workplaces and identifying companies that foster healthy and fulfilled employees. Employees provide anonymous feedback to measure workplaces in various categories, including values, communication and leadership, and only the highest-ranking c ...

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. On the other hand, the stock currently carries a Zacks Rank of #2. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise histo ...

F.N.B. Corporation (FNB) stock looks like an attractive investment option now. The company is wellpositioned for organic and inorganic growth, given its solid balance sheet and liquidity position, along with decent loan growth. Its efforts to digitize operations will further support growth. Analysts seem optimistic regarding the company's earnings growth prospects. Over the past 60 days, the Zacks Consensus Estimate for FNB's 2024 earnings has been revised nearly 1% upward. Thus, FNB currently carries a Zac ...

About F.N.B. Corporation 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. PITTSBURGH, June 27, 2024 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) anno ...

PITTSBURGH, June 24, 2024 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) announced today that Chairman, President and Chief Executive Officer Vincent J. Delie, Jr., hosted Pennsylvania Governor Josh Shapiro for a tour of its new headquarters, FNB Financial Center, on June 18, 2024. Located in Pittsburgh's Hill District, a historic majority-minority community, FNB Financial Center anchors a development that is the catalyst for an expected nearly $1 billion in economic expansion for the region. One of the mos ...

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 single, streamlined reporting structure. The updates are designed to enable FNB to more effectively apply automation, drive efficiency and innovation, further strengthen FNB's focus on risk management and create a superior customer experience. Justin Kurth leads the merged Bank Operations organization in his new role as Executive Vice ...

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. In its annual awards program, Fintech Futures, a leading global provider of independent intelligence and insight for professionals in the fintech sector, recognized FNB for successfully implementing a technology-driven customer banking initiative with a digital proposition at i ...