F.N.B. Corp (FNB) Stock Falls 1.8% After Q2 Earnings Miss
FNB(FNB) ZACKS·2024-07-18 16:50
Shares of F.N.B. Corporation (FNB) lost 1.8% in after-market trading following the release of its lower-thanexpected second-quarter 2024 results. Adjusted earnings per share of 34 cents lagged the Zacks Consensus Estimate by a penny. Moreover, the bottom line reflected a decline of 12.8% from the prior-year quarter. Revenues Decline, Expenses Rise Net interest margin (FTE basis) (non-GAAP) contracted 28 basis points (bps) year over year to 3.09%. As of Jun 30, 2024, the common equity Tier 1 (CET1) ratio was ...