Core Insights - Analysts project that F.N.B. (FNB) will announce quarterly earnings of $0.35 per share, reflecting a decline of 10.3% year over year, with revenues expected to reach $407.46 million, a decrease of 0.5% from the same quarter last year [1]. Earnings Estimates - Changes in earnings estimates are crucial for predicting investor reactions to the stock, with empirical studies showing a strong relationship between earnings estimate revisions and short-term stock price performance [2]. - The consensus estimate for 'Net Interest Margin' is projected at 3.2%, down from 3.4% a year ago [4]. - 'Total Non-Performing Loans' are estimated at $111.24 million, compared to $143 million in the previous year [5]. - 'Total Non-Interest Income' is expected to reach $84.71 million, up from $80.31 million in the same quarter last year [6]. - 'Capital markets income' is projected at $6.01 million, an increase from $5.88 million a year ago [7]. - 'Trust services' are expected to reach $11.52 million, compared to $10.63 million last year [8]. - 'Net interest income (FTE)' is estimated at $325.81 million, down from $332.51 million a year ago [9]. - The 'Efficiency Ratio' is forecasted to be 54.2%, compared to 50% last year [12]. - 'Average Balance - Total interest earning assets' is expected to reach $41.16 billion, up from $39.53 billion in the same quarter last year [13]. - 'Mortgage banking operations' are projected at $7.89 million, compared to $4.91 million a year ago [14]. - 'Insurance commissions and fees' are expected to be $6.02 million, slightly up from $6 million last year [15]. - 'Securities commissions and fees' are estimated at $7.46 million, compared to $7.02 million last year [16]. - 'Service charges' are projected at $30.44 million, down from $34.06 million a year ago [17]. Stock Performance - F.N.B. shares have increased by 12.7% in the past month, outperforming the Zacks S&P 500 composite's increase of 4.3%, with a Zacks Rank 2 (Buy) indicating expected outperformance in the market [10]. - There has been an upward revision of 2.3% in the consensus EPS estimate for the quarter over the past 30 days, indicating a reappraisal of projections by analysts [10]. Conclusion - Investors typically rely on consensus earnings and revenue estimates, but analyzing key metrics provides a more comprehensive understanding of the company's performance [11].

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 ...

Core Insights - F.N.B. Corporation's eStore® was awarded the Best Digital Initiative at the 2024 Banking Tech Awards USA, recognizing its successful technology-driven customer banking initiative [1][5] - The eStore is part of FNB's omnichannel banking strategy, Clicks-to-Bricks, aimed at enhancing customer engagement and convenience [3][4] - FNB has received multiple accolades for innovation, including being named a Model Bank for Omnichannel Retail Delivery by Celent in 2023 [6] Company Overview - F.N.B. Corporation operates in seven states and the District of Columbia, with total assets nearing $46 billion and approximately 350 banking offices [10] - The company provides a comprehensive range of commercial banking, consumer banking, and wealth management solutions through its subsidiary network [8] - FNB's consumer banking segment includes various products such as deposit products, mortgage lending, and a full suite of mobile and online banking services [8] eStore Features - The eStore is accessible via digital devices and interactive kiosks in FNB's branches, allowing customers to manage their banking relationships flexibly [2][3] - In 2023, FNB launched the eStore Common app, enabling users to apply for multiple products with a single application, significantly reducing application time and keystrokes [4] - The Common app is unique in the banking industry and aims to enhance the customer experience by streamlining the application process [4] Awards and Recognition - At the Banking Tech Awards USA, FNB was also recognized as a finalist in categories such as Best Use of Tech in Consumer Banking and Best User/Customer Experience Initiative [5] - The recognition at the Banking Tech Awards adds to FNB's growing list of national and international awards for innovation and leadership [6]

Key Takeaways Moody's put six regional banks on a review for possible downgrades because of their exposure to potentially risky real estate loans. Those under review are First Merchants, F.N.B., Fulton Financial, Old National Bancorp, Peapack-Gladstone Financial, and WaFd. Moody's said "higher-for-longer interest rates" highlight the risk banks face holding commercial real estate paper. Shares of six regional banks declined Friday, a day after Moody's placed them on a long-term ratings review for possible d ...

It has been about a month since the last earnings report for F.N.B. (FNB) . Shares have added about 10.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is F.N.B. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. F.N.B. Corp Q1 Earnings Beat, Provisions Decline Y/Y F.N ...