Countdown to F.N.B. (FNB) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS

Core Insights - The upcoming earnings report for F.N.B. (FNB) is anticipated to show quarterly earnings of $0.33 per share, reflecting a 2.9% decline year-over-year, while revenues are expected to increase by 4.4% to $421.73 million [1] - Analysts have revised the consensus EPS estimate downward by 1.4% over the past 30 days, indicating a reassessment of initial projections [2] - The correlation between earnings estimate revisions and short-term stock price performance is well-documented, suggesting that these revisions are significant indicators for investor behavior [3] Financial Metrics - Analysts predict an 'Efficiency Ratio' of 56.2%, up from 54.4% in the same quarter last year [5] - The 'Net Interest Margin' is expected to remain stable at 3.1%, consistent with the previous year's figure [5] - The 'Average Balance - Total interest earning assets' is projected to reach $43.80 billion, an increase from $41.42 billion year-over-year [6] - 'Total Non-Performing Loans' are expected to rise to $157.76 million, compared to $108.00 million in the same quarter last year [6] - 'Mortgage banking operations' are estimated at $7.58 million, up from $6.96 million a year ago [7] - 'Total Non-Interest Income' is forecasted to be $89.13 million, slightly higher than $87.92 million reported last year [7] - 'Insurance commissions and fees' are expected to decrease to $5.48 million from $5.97 million in the previous year [8] - 'Net Interest Income' is projected to increase to $332.40 million from $315.89 million year-over-year [8] - 'Bank owned life insurance' is expected to reach $5.18 million, up from $3.42 million last year [9] - 'Capital markets income' is forecasted at $5.19 million, slightly above the previous year's $5.14 million [9] - 'Trust services' are expected to increase to $11.68 million from $11.48 million last year [9] - 'Other Non-Interest Income' is projected to decrease to $3.62 million from $3.75 million year-over-year [10] Stock Performance - F.N.B. shares have increased by 16% over the past month, outperforming the Zacks S&P 500 composite, which rose by 4% [10]