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F.N.B Corp. (FNB) Rides on Loans, Rates Amid Weak Asset Quality
FNBFNB(FNB) Zacks Investment Research·2024-05-13 12:41

F.N.B Corp. (FNB) is well-poised for revenue growth on the back of steady loan demand and efforts to bolster fee income. Higher interest rates and a strong balance sheet position are other tailwinds. However, rising expenses and weak asset quality are major concerns.F.N.B. Corp. is focused on its revenue growth strategy. The company’s revenues witnessed a five-year (2018-2023) CAGR of 5.4%. Net loans saw a CAGR of 7.8% over the same time frame. The company is strategizing to bolster non-interest income by e ...