Core Insights - F.N.B. reported revenue of $438.21 million for Q2 2025, an 8.5% year-over-year increase, with EPS of $0.36 compared to $0.34 a year ago, exceeding Zacks Consensus Estimates [1] - The revenue surprise was +4.13% over the estimated $420.82 million, while the EPS surprise was +9.09% over the consensus estimate of $0.33 [1] Financial Performance Metrics - Efficiency Ratio stood at 54.8%, better than the average estimate of 56.3% from three analysts [4] - Net Interest Margin was 3.2%, surpassing the average estimate of 3.1% from three analysts [4] - Average Balance of Total Interest Earning Assets was $44.04 billion, exceeding the average estimate of $43.87 billion from two analysts [4] - Total Non-Performing Loans were reported at $117 million, significantly lower than the estimated $171.33 million [4] - Net charge-offs to average loans were 0.3%, slightly above the estimated 0.2% [4] - Mortgage banking operations generated $6.31 million, below the average estimate of $7.62 million [4] - Total Non-Interest Income was $91.02 million, exceeding the average estimate of $89.16 million [4] - Insurance commissions and fees were $5.11 million, slightly below the estimated $5.43 million [4] - Net Interest Income reached $347.2 million, higher than the average estimate of $332.4 million [4] - Bank owned life insurance income was $3.84 million, below the average estimate of $5.14 million [4] - Capital markets income was $6.9 million, exceeding the average estimate of $5.13 million [4] - Trust services income was $11.59 million, slightly below the average estimate of $11.82 million [4] Stock Performance - F.N.B. shares returned +12.6% over the past month, outperforming the Zacks S&P 500 composite's +4.2% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for near-term outperformance against the broader market [3]

Company Performance - F.N.B. reported quarterly earnings of $0.36 per share, exceeding the Zacks Consensus Estimate of $0.33 per share, and showing an increase from $0.34 per share a year ago, resulting in an earnings surprise of +9.09% [1] - The company posted revenues of $438.21 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.13% and up from $403.81 million year-over-year [2] - Over the last four quarters, F.N.B. has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Stock Outlook - F.N.B. shares have increased approximately 4.9% since the beginning of the year, compared to the S&P 500's gain of 6.5% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $0.36 on revenues of $435.17 million, and for the current fiscal year, it is $1.41 on revenues of $1.72 billion [7] Industry Context - The Zacks Industry Rank indicates that the Banks - Southeast industry is currently in the top 23% of over 250 Zacks industries, suggesting a favorable environment for stocks in this sector [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5][6]

Core Viewpoint - F.N.B. Corporation reported strong second quarter results for 2025, achieving record revenue of $438 million, a 6.5% increase from the previous quarter, driven by margin expansion and growth in both net interest and non-interest income [2][3] Financial Performance - Net income available to common shareholders reached $130.7 million, or $0.36 per diluted common share, compared to $123.0 million ($0.34 per diluted common share) in the second quarter of 2024 and $116.5 million ($0.32 per diluted common share) in the first quarter of 2025 [1][3] - Pre-provision net revenue (non-GAAP) grew significantly with a linked-quarter increase of 16% [2] - Non-interest income totaled a record $91.0 million, up from $87.9 million, with capital markets income increasing by 34.1% [11][21] Capital and Asset Quality - The Common Equity Tier 1 (CET1) ratio was estimated at 10.8%, up from 10.2% a year ago, indicating strong capital levels [4][15] - Tangible book value per common share (non-GAAP) increased to $11.14, a 12.8% rise year-over-year [15][24] - The ratio of non-performing loans and other real estate owned (OREO) to total loans decreased to 0.34%, reflecting solid asset quality metrics [13][23] Loan and Deposit Growth - Average loans and leases totaled $34.5 billion, an increase of $1.2 billion, or 3.7%, with notable growth in consumer loans and commercial loans [5][9] - Average deposits reached $37.1 billion, a rise of $2.5 billion, or 7.3%, driven by increases in interest-bearing demand deposits [10][19] Expense Management - Non-interest expense totaled $246.2 million, an increase of $19.6 million, or 8.7%, primarily due to strategic hiring and technology investments [12][22] - The efficiency ratio (non-GAAP) improved to 54.8%, down from 58.5% in the previous quarter [22]

Core Insights - F.N.B. Corporation's largest subsidiary, First National Bank, has been recognized as a 2025 Top Workplace for Financial Services by Energage, marking the fourth consecutive year of receiving this award since its inception in 2021 [1][2] - The company has also been acknowledged as a Top Workplace in Northeast Ohio for eleven consecutive years by The Plain Dealer and Cleveland.com [1] Company Culture and Employee Engagement - F.N.B. Corporation has received over 80 workplace excellence awards, reflecting its commitment to a differentiated culture under current leadership [2] - The company emphasizes innovation, collaboration, and a team-oriented environment, supported by investments in AI, data management, and digital technology [3] - Employee feedback is central to the Top Workplace awards, with anonymous surveys assessing various workplace categories such as values, communication, and leadership [3] Employee Experience and Benefits - F.N.B. Corporation focuses on high levels of workplace engagement, inclusivity, and performance, continually evaluating employee experiences to align with current trends [4] - The company offers family-friendly benefits, formal recognition programs, continuous learning and development opportunities, and a competitive compensation package [4] Recognition and Leadership - In 2025, F.N.B. Corporation received multiple accolades, including being named one of America's Greatest Workplaces and a Top Workplace USA by Energage and USA Today [5] - The leadership team, including CEO Vincent J. Delie, has been recognized for their performance and responsible corporate citizenship [5] Company Overview - F.N.B. Corporation, headquartered in Pittsburgh, Pennsylvania, operates in seven states and the District of Columbia, with total assets of $49 billion and approximately 350 banking offices [7] - The company provides a full range of commercial banking, consumer banking, and wealth management solutions through its subsidiary network [8] - F.N.B. Corporation's common stock trades on the New York Stock Exchange under the symbol "FNB" and is included in the S&P MidCap 400 Index [9]

Group 1 - The Zacks Premium service provides tools for investors to enhance their stock market engagement and confidence [1][2] - It includes daily updates on Zacks Rank and Zacks Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1][2] Group 2 - The Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, helping investors identify securities likely to outperform the market in the short term [3][4] - Stocks are rated from A to F, with A indicating the highest potential for outperformance [4] Group 3 - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Cash Flow [4] - The Growth Score assesses stocks based on projected earnings and sales growth [5] - The Momentum Score identifies trends in stock prices and earnings estimates to optimize entry points for investments [6] Group 4 - The VGM Score combines the three Style Scores to highlight stocks with attractive value, strong growth forecasts, and positive momentum [7] - The Zacks Rank model uses earnings estimate revisions to guide investors in building successful portfolios [8] Group 5 - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +23.62% since 1988, significantly outperforming the S&P 500 [9] - There are typically over 800 stocks rated 1 or 2, which can be overwhelming for investors [9][10] Group 6 - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [10][11] - Stocks with lower ranks, even with good Style Scores, may still face declining earnings forecasts [11] Group 7 - F.N.B. Corporation, a financial holding company based in Pittsburgh, PA, is currently rated 3 (Hold) with a VGM Score of B [12] - FNB has a Momentum Style Score of A, with shares increasing by 16.2% over the past four weeks [13] - The Zacks Consensus Estimate for FNB's earnings has increased to $1.41 per share, with an average earnings surprise of +3.4% [13]

Core Insights - Zacks Premium provides various tools to enhance stock market investment confidence and knowledge [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [3] Zacks Style Scores Overview - The Zacks Style Scores rate stocks using an alphabetic system from A to F based on value, growth, and momentum characteristics [4] - The Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score [4][5][6][7] Value Score - The Value Score identifies attractive and discounted stocks using ratios like P/E, PEG, Price/Sales, and Price/Cash Flow [4] Growth Score - The Growth Score focuses on a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow [5] Momentum Score - The Momentum Score assesses trends in stock prices and earnings outlooks, utilizing factors like one-week price change and monthly earnings estimate changes [6] VGM Score - The VGM Score combines the three Style Scores to identify stocks with the best value, growth potential, and momentum [7] Zacks Rank Integration - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in stock selection, with 1 (Strong Buy) stocks achieving an average annual return of +23.62% since 1988 [8] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal investment potential [10] Stock Example: F.N.B. Corporation - F.N.B. Corporation, a financial holding company based in Pittsburgh, PA, is currently rated 3 (Hold) with a VGM Score of B [12] - The company has a Value Style Score of B, supported by a forward P/E ratio of 11.23, making it appealing to value investors [13] - Recent upward revisions in earnings estimates for fiscal 2025 have increased the Zacks Consensus Estimate to $1.41 per share, with an average earnings surprise of +3.4% [13]

Core Insights - The upcoming earnings report for F.N.B. (FNB) is anticipated to show quarterly earnings of $0.33 per share, reflecting a 2.9% decline year-over-year, while revenues are expected to increase by 4.4% to $421.73 million [1] - Analysts have revised the consensus EPS estimate downward by 1.4% over the past 30 days, indicating a reassessment of initial projections [2] - The correlation between earnings estimate revisions and short-term stock price performance is well-documented, suggesting that these revisions are significant indicators for investor behavior [3] Financial Metrics - Analysts predict an 'Efficiency Ratio' of 56.2%, up from 54.4% in the same quarter last year [5] - The 'Net Interest Margin' is expected to remain stable at 3.1%, consistent with the previous year's figure [5] - The 'Average Balance - Total interest earning assets' is projected to reach $43.80 billion, an increase from $41.42 billion year-over-year [6] - 'Total Non-Performing Loans' are expected to rise to $157.76 million, compared to $108.00 million in the same quarter last year [6] - 'Mortgage banking operations' are estimated at $7.58 million, up from $6.96 million a year ago [7] - 'Total Non-Interest Income' is forecasted to be $89.13 million, slightly higher than $87.92 million reported last year [7] - 'Insurance commissions and fees' are expected to decrease to $5.48 million from $5.97 million in the previous year [8] - 'Net Interest Income' is projected to increase to $332.40 million from $315.89 million year-over-year [8] - 'Bank owned life insurance' is expected to reach $5.18 million, up from $3.42 million last year [9] - 'Capital markets income' is forecasted at $5.19 million, slightly above the previous year's $5.14 million [9] - 'Trust services' are expected to increase to $11.68 million from $11.48 million last year [9] - 'Other Non-Interest Income' is projected to decrease to $3.62 million from $3.75 million year-over-year [10] Stock Performance - F.N.B. shares have increased by 16% over the past month, outperforming the Zacks S&P 500 composite, which rose by 4% [10]

Company Overview - F.N.B. Corporation is headquartered in Pittsburgh, Pennsylvania, and operates in seven states and the District of Columbia, with total assets of $49 billion and approximately 350 banking offices [5][6] - The company provides a full range of financial services, including commercial banking, consumer banking, and wealth management solutions [6] Upcoming Financial Results - F.N.B. Corporation plans to issue its financial results for the second quarter of 2025 after the market close on July 17, 2025 [1] - A conference call to discuss the financial results will be hosted on July 18, 2025, at 8:30 AM ET by key executives [1] Conference Call Details - A live listen-only webcast of the conference call will be available on the company's website, opening approximately 30 minutes prior to the call [2] - Participants can join the Q&A portion by dialing specific numbers for domestic and international callers, with pre-registration available for immediate access [3] Additional Resources - Presentation slides and the earnings release will be accessible on the Investor Relations section of the company's website [4] - A replay of the conference call will also be available via the webcast link after the call [4]

Core Points - F.N.B. Corporation has launched the FNB Main Street Revitalization Program, a nearly $50 million initiative aimed at preserving and improving historic facades, fostering commerce, and driving economic growth in rural business districts and historic neighborhoods [1][4] - The program will begin with the renovation of the historic Greenville, PA branch, which was originally established in 1864 [3][9] - The initiative includes grants for facade improvements, a low-interest loan program, and a planned investment of approximately $15 million in the rehabilitation of several historic FNB branches [5][8] Group 1: Program Components - The FNB Main Street Revitalization Program consists of three main components: grants for exterior improvements, a low-interest loan program, and investments in historic branch renovations [2][8] - Grants will support projects that enhance and preserve historic building facades, with technical assistance provided by the Pittsburgh History & Landmark Foundation (PHLF) [5][7] - The loan program aims to facilitate over $30 million in financing for small businesses, with special promotional terms for grant recipients [6][8] Group 2: Community Commitment - The program reflects F.N.B. Corporation's commitment to rural and historic business districts, addressing the lack of investment in these communities [4][11] - Local officials, including Governor Josh Shapiro and Senator Dave McCormick, have expressed support for the initiative, highlighting its potential to invigorate local economies [11][12] - The incorporation of government tax credits into the program has garnered attention for its potential to influence economic development in disinvested areas [10] Group 3: Renovation Plans - Renovation plans for the Greenville branch include restoring its 19th-century aesthetic, focusing on facade work and interior finishing details [9] - The company expects to begin construction within the year, aiming to enhance the local commercial district and attract visitors [3][9] - The program's approach to beautifying historic facades is intended to promote tourism and accelerate business formation in the area [4][11]

Core Insights - F.N.B. Corporation's subsidiary, First National Bank, has been recognized by Newsweek as one of America's Greatest Workplaces for 2025 and also included in the inaugural list of America's Greatest Workplaces for Financial Services, highlighting its strong employee experience and company culture [1][2] Group 1: Employee Experience and Company Culture - The recognition from Newsweek is based on a rigorous evaluation involving over 400,000 U.S. employees and more than 4.9 million company reviews, assessing key performance indicators such as leadership, work-life balance, integrity, and compensation [2] - FNB aims to build lasting prosperity for customers, communities, and employees, emphasizing a supportive culture that allows employees to develop rewarding careers with opportunities for leadership and innovation [3] - The company has received over 80 workplace and culture excellence awards, including being named one of America's Most Admired Workplaces and a Top Workplace USA, reflecting its commitment to employee engagement and performance [4] Group 2: Company Overview - F.N.B. Corporation, headquartered in Pittsburgh, operates in seven states and the District of Columbia, with total assets of $49 billion and approximately 350 banking offices [5] - The company offers a comprehensive range of financial services, including commercial banking, consumer banking, and wealth management solutions through its subsidiary network [6] - F.N.B. Corporation's common stock trades on the New York Stock Exchange under the symbol "FNB" and is included in the S&P MidCap 400 Index [7]