F.N.B. (FNB) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - F.N.B. reported revenue of $407.12 million for the quarter ended December 2024, reflecting a year-over-year increase of 20.8% [1] - The earnings per share (EPS) remained stable at $0.38, matching the previous year's figure, while the EPS surprise was +15.15% against a consensus estimate of $0.33 [1] Financial Performance Metrics - The efficiency ratio was reported at 56.9%, slightly higher than the estimated 55.7% [4] - The net interest margin was consistent at 3%, aligning with analyst expectations [4] - Total interest-earning assets averaged $42.67 billion, exceeding the estimate of $42.48 billion [4] - Total non-performing loans amounted to $159 million, significantly higher than the estimated $125.85 million [4] - Net charge-offs to average loans were reported at 0.2%, matching the analyst estimate [4] - Total non-interest income was $84.90 million, below the estimated $88.53 million [4] - Net interest income was reported at $322.22 million, slightly above the average estimate of $319.92 million [4] - Capital markets income reached $6.57 million, surpassing the estimate of $6.29 million [4] - Trust services income was $11.56 million, exceeding the estimated $11.02 million [4] - Insurance commissions and fees were reported at $4.53 million, below the estimate of $4.82 million [4] - Net interest income (FTE) was $325.15 million, compared to the average estimate of $321.23 million [4] Stock Performance - F.N.B. shares have returned +6.6% over the past month, outperforming the Zacks S&P 500 composite's +2.1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]