Curious about F.N.B. (FNB) Q3 Performance?

Core Insights - Analysts project F.N.B. (FNB) will announce quarterly earnings of $0.37 per share, an increase of 8.8% year over year, with revenues expected to reach $443.38 million, up 7.3% from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the past 30 days, indicating a stable outlook from analysts [1][2] Earnings Estimates - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [2] - Analysts' forecasts for key metrics provide a more comprehensive understanding of the company's performance [3] Key Financial Metrics - The estimated 'Efficiency Ratio' is 54.3%, down from 55.2% in the same quarter last year [4] - 'Net Interest Margin' is projected to be 3.2%, compared to 3.1% in the same quarter last year [4] - 'Average Balance - Total interest earning assets' is estimated at $44.13 billion, up from $42.31 billion in the same quarter last year [5] - 'Total Non-Performing Loans' are expected to reach $126.12 million, slightly down from $129.00 million in the same quarter last year [5] Income Projections - 'Mortgage banking operations' are forecasted at $6.24 million, up from $5.54 million in the same quarter last year [6] - 'Total Non-Interest Income' is expected to be $90.09 million, compared to $89.69 million in the same quarter last year [6] - 'Net Interest Income' is projected to reach $352.12 million, an increase from $323.33 million year-over-year [7] - 'Insurance commissions and fees' are expected to be $4.96 million, down from $5.12 million in the same quarter last year [7] - 'Capital markets income' is estimated at $7.03 million, up from $6.19 million in the same quarter last year [8] - 'Trust services' are projected to reach $11.46 million, compared to $11.12 million in the same quarter last year [8] - 'Other Non-Interest Income' is expected to be $4.61 million, up from $3.89 million year-over-year [8] Stock Performance - F.N.B. shares have decreased by 7% in the past month, contrasting with the Zacks S&P 500 composite's increase of 0.4% [9] - The company holds a Zacks Rank 3 (Hold), indicating it is expected to closely follow overall market performance in the near term [9]