FNB(US:FNB)2026-01-21 12:31Financial Performance - F.N.B. Corporation reported total revenue of $1.8 billion for the full year 2025, with net income available to common shareholders of $565.4 million, or $1.56 per diluted common share, representing a 23% increase from 2024[3] - The fourth quarter 2025 earnings per diluted common share (non-GAAP) was $0.50, up from $0.38 in the fourth quarter of 2024, reflecting a 31.6% year-over-year increase[2] - Net income available to common shareholders for Q4 2025 was $168,693 thousand, a 12.8% increase from Q3 2025 and a 53.6% increase from Q4 2024[44] - Net income (annualized) for Q4 2025 reached $669,270,000, an increase of 12.9% from $593,162,000 in Q3 2025 and a 53.1% increase from $437,056,000 in Q4 2024[64] - Operating net income available to common shareholders reached $168,693 thousand in Q4 2025, an increase of 12.8% from Q3 2025 and 53.4% from Q4 2024[61] Loan and Deposit Growth - Average loans and leases totaled $35.0 billion, an increase of $1.2 billion, or 3.4%, driven by consumer loan growth[5] - Average deposits reached $38.6 billion, an increase of $1.7 billion, or 4.5%, with a stable mix of non-interest-bearing demand deposits at 26%[12] - Total loans and leases decreased slightly to $34,777 million in 4Q25 from $34,957 million in 3Q25, but increased by 2.5% compared to $33,939 million in 4Q24[54] - Total deposits rose to $38,759 million in 4Q25, reflecting a 0.8% increase from $38,441 million in 3Q25 and a 4.5% increase from $37,107 million in 4Q24[45] Interest Income and Margin - Net interest income for the fourth quarter totaled a record $365.4 million, an increase of $43.2 million, or 13.4%, year-over-year[10] - Net interest income for 4Q25 was $365,442 thousand, a 1.7% increase from Q3 2025 and a 13.4% increase from Q4 2024[44] - The net interest margin improved to 3.28% in 4Q25, up from 3.25% in 3Q25[46] - Net interest income (FTE) for 2025 was $1,395.8 million, compared to $1,280.4 million in 2024, reflecting an increase of 9.0%[48] - The net interest margin (FTE) improved to 3.19% in 2025 from 3.09% in 2024[51] Non-Interest Income and Expenses - Non-interest income totaled $92.3 million, an increase of $41.4 million, or 81.5%, compared to $50.9 million[13] - Non-interest income for Q4 2025 totaled $92,341 thousand, a decrease of 5.9% from Q3 2025 but an increase of 81.3% from Q4 2024[44] - Non-interest expense totaled $273.2 million, an increase of $25.0 million, or 10.1%[13] - Total non-interest expense for Q4 2025 was $273,169 thousand, reflecting a 12.2% increase from Q3 2025 and a 10.1% increase from Q4 2024[44] Credit Quality - The provision for credit losses was $18.9 million, a decrease of $5.1 million from the prior quarter, with net charge-offs of $16.4 million[8] - The provision for credit losses in Q4 2025 was $18,870 thousand, down 21.3% from Q3 2025 and down 15.2% from Q4 2024[44] - Non-performing loans decreased to $105 million in 4Q25, a reduction of 16.0% from 3Q25 and 34.0% from 4Q24[57] - The allowance for credit losses on loans and leases was $439.5 million in 4Q25, reflecting a 0.5% increase from 3Q25 and 4.0% from 4Q24[59] Capital and Equity - The Common Equity Tier 1 (CET1) regulatory capital ratio was estimated at 11.4%, up from 10.6% at December 31, 2024[8] - The CET1 regulatory capital ratio was 11.4% at December 31, 2025, up from 10.6% at December 31, 2024[15] - Shareholders' equity increased to $6,759 million in 4Q25, a 1.9% rise from $6,636 million in 3Q25 and a 7.3% increase from $6,302 million in 4Q24[45] - Book value per common share increased to $18.92 in 4Q25 from $18.52 in Q3 2025 and $17.52 in Q4 2024[51] Community Engagement - F.N.B. Corporation contributed $20.0 million to the FNB Foundation in December 2025, demonstrating commitment to community support[8] - The company reported a tax benefit of $4,200 thousand related to the FNB Foundation contribution in 4Q25[61] Operational Highlights - F.N.B. Corporation reported total assets exceeding $50 billion and operates approximately 350 banking offices across seven states and the District of Columbia[39] - The company plans to host a conference call on January 21, 2026, to discuss its financial results[35]