Stay Ahead of the Game With F.N.B. (FNB) Q2 Earnings: Wall Street's Insights on Key Metrics

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].