F.N.B. Corporation Named a Leading U.S. Financial Services Company for Both Businesses and Consumers With 14 National Coalition Greenwich 2026 Awards and Exclusive Recognition from TIME [Accessibility Statement] Skip NavigationCompany Has Earned Approximately 130 Awards From Crisil Coalition Greenwich Since 2011PITTSBURGH, Feb. 26, 2026 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) strengthened its standing as a leading financial institution that excels across both commercial and personal banking sectors, ...

Core Viewpoint - Popular, Inc. (BPOP) reported better-than-expected quarterly results, with shares rising 6.3% following the announcement of adjusted earnings per share of $3.40, surpassing the Zacks Consensus Estimate of $3.02 and showing an increase from $2.51 in the same quarter last year [1][9]. Financial Performance - The fourth-quarter 2025 adjusted earnings per share of $3.40 exceeded expectations, while net income on a GAAP basis reached $233.9 million, reflecting a 31.5% year-over-year increase [2][9]. - Total quarterly revenues amounted to $823.8 million, a 9.1% increase from the previous year, and also surpassed the Zacks Consensus Estimate of $814.9 million [4]. - For the full year 2025, adjusted earnings per share were $12.18, beating the Zacks Consensus Estimate of $11.81, and net income was $833.2 million, up 35.6% year over year [3]. Revenue and Income Breakdown - Net interest income (NII) for the quarter was $657.6 million, an 11.3% increase year over year, with the net interest margin expanding by 26 basis points to 3.61% [4]. - Non-interest income rose by 1% to $166.3 million, driven by increased service charges and trading account gains [5]. Loan and Deposit Trends - Total loans held in portfolio increased by 1.6% sequentially to $38.5 billion, while total deposits decreased slightly to $66.2 billion [6]. Credit Quality and Provisions - The company recorded a provision for credit losses of $71.4 million, a 3.3% increase from the prior year, with non-performing assets rising 32.5% year over year to $540.8 million [7][9]. - The ratio of non-performing assets to total assets increased to 0.72% from 0.56% a year earlier [7]. Capital Ratios - As of December 31, 2025, the Common Equity Tier 1 capital ratio and Tier 1 capital ratio were 15.72% and 15.77%, respectively, both down from the previous year [10]. Share Repurchase Activity - In the reported quarter, the company repurchased 1.25 million shares of common stock for $147.8 million [11].

Core Insights - Associated Banc-Corp (ASB) reported fourth-quarter 2025 earnings of 80 cents per share, exceeding the Zacks Consensus Estimate of 69 cents and up from adjusted earnings of 57 cents in the prior-year quarter [1][10] Financial Performance - Net income available to common equity was $134 million, a significant recovery from a loss of $164 million in the year-ago quarter, surpassing the estimate of $111 million [2] - Total revenues for the quarter were $393.5 million, an increase from adjusted revenues of $346 million in the prior-year quarter, beating the Zacks Consensus Estimate of $379.7 million [3] - Net interest income (NII) rose to $310 million, a 15% increase year over year, with a net interest margin of 3.06%, up 25 basis points [4] - Non-interest income totaled $79.4 million, improving 11% from adjusted non-interest income of $71.8 million, driven by increases in wealth management fees and capital markets revenue, exceeding the estimate of $70.1 million [5] - Non-interest expenses decreased to $219 million, down 2% year over year, reflecting the absence of prior-year losses on prepayments of FHLB advances [6] Loans and Deposits - Total loans as of December 31, 2025, were $31.2 billion, up 1% sequentially, primarily due to higher commercial and business lending [7] - Total deposits rose 2% sequentially to $35.6 billion, exceeding the estimate of $35.3 billion [7] Credit Quality - The company recorded a provision for credit losses of $7 million, down from $17 million in the prior-year quarter, significantly lower than the estimate of $18.8 million [8] - Total non-performing assets were $129.2 million, a 10% decrease year over year, with non-accrual loans falling 19% to $100.4 million [8] Capital Ratios - As of December 31, 2025, the common equity Tier 1 (CET1) capital ratio improved to 10.49%, up from 10.33% in the corresponding period of 2024, while the Tier 1 capital ratio rose to 11.04% from 10.89% [11] Future Outlook - Management expects total period-end loan growth of 5-6% and total deposit growth in the same range for 2026 [12] - NII is projected to grow by 5.5-6.5%, while total non-interest income is expected to rise by 4-5% [12] - Total non-interest expense is anticipated to grow by 3% [12] - The annual effective tax rate is expected to be between 19-21% [13] Overall Assessment - ASB's strong quarterly performance reflects the benefits of its diversified franchise and disciplined balance sheet management, with positive indicators for sustained growth [14]

Core Insights - Columbia Banking System (COLB) reported fourth-quarter 2025 operating earnings of 82 cents per share, exceeding the Zacks Consensus Estimate of 72 cents and up from 71 cents in the prior-year quarter [1][9] - The quarterly results included the first full-quarter contribution from the Pacific Premier deal, with higher net interest income (NII) and non-interest income, while lower provisions provided a positive impact despite higher non-interest expenses [2] Financial Performance - Total revenues for the quarter reached $717 million, a significant increase from $487 million in the prior-year quarter, surpassing the Zacks Consensus Estimate of $694.1 million [3] - For the full year 2025, total revenues rose 19% year over year to $2.32 billion, exceeding the consensus estimate of $2.28 billion [3] - NII was reported at $627 million, marking a 43% year-over-year increase, with a net interest margin of 4.06%, up 42 basis points [3] Non-Interest Income and Expenses - Non-interest income totaled $90 million, an 80% increase from $50 million a year ago, driven by higher service charges, financial services revenue, and bank-owned life insurance income [4] - Non-interest expenses rose to $412 million, a 54% increase year over year, attributed to higher costs across various categories and increased merger and restructuring charges [4] Efficiency and Credit Quality - The efficiency ratio was reported at 57.30%, up from 54.61% in the prior-year quarter, while the adjusted operating efficiency ratio improved to 51.39% from 52.51% [5] - The company recorded a provision for credit losses of $23 million, down from $28 million in the prior-year quarter, with net charge-offs at 0.25% of average loans and leases, a slight decrease from 0.27% [8] Loans and Deposits - As of December 31, 2025, loans and leases were $47.8 billion, reflecting a 1% sequential decline due to commercial development run-off and accelerated loan repayments [6] - Total deposits decreased by 3% sequentially to $54.2 billion, primarily due to intentional reductions in brokered deposits and seasonal declines in customer balances [7] Capital Ratios and Share Repurchases - As of December 31, 2025, the estimated total risk-based capital ratio improved to 13.6% from 12.8% in the corresponding period of 2024, with the common equity Tier 1 (CET1) ratio rising to 11.8% from 10.5% [10] - During the reported quarter, the company repurchased 3.7 million common shares at an average price of $27.07 [11] Strategic Outlook - The company's Western footprint, granular deposit base, and focus on relationship banking support NII and balanced fee income growth, while integration and amortization costs keep expenses elevated [12]

Core Insights - Commerce Bancshares Inc. (CBSH) reported fourth-quarter 2025 earnings of $1.01 per share, exceeding the Zacks Consensus Estimate of 99 cents and up from 96 cents in the prior-year quarter [1][10] - The company's net income for the quarter was $140.7 million, reflecting a year-over-year increase of 3.4% [2] Financial Performance - Total revenues for the fourth quarter reached $449.4 million, a 6.5% increase year over year, surpassing the Zacks Consensus Estimate of $438.1 million [4][10] - For the full year 2025, total revenues rose to $1.76 billion, also exceeding the consensus estimate of $1.75 billion [4] - Net interest income (NII) was $283.2 million, up 6.2% from the previous year, with a net yield on interest-earning assets of 3.60%, an increase of 11 basis points year over year [5] - Non-interest income increased to $166.2 million, a rise of 6.9%, primarily driven by higher trust fees and deposit account fees [5] Expense and Asset Quality - Non-interest expenses rose by 7.3% year over year to $253.0 million, attributed to higher salaries, employee benefits, and data processing costs [6] - The provision for credit losses was $16.0 million, up from $13.5 million in the prior-year quarter [9] - The efficiency ratio increased to 56.23% from 55.77% in the year-ago quarter, indicating a decline in profitability [7] Loan and Deposit Trends - As of December 31, 2025, net loans were $17.59 billion, slightly down from $17.61 billion, while total deposits increased to $25.64 billion from $25.46 billion [8] Capital Ratios and Share Repurchase - The Tier I leverage ratio improved to 12.65% from 12.26% year over year, and the tangible common equity to tangible assets ratio increased to 11.11% from 9.92% [12] - In the reported quarter, the company repurchased 2.2 million shares of treasury stock at an average price of $53.29 [13] Strategic Outlook - The company completed the acquisition of FineMark Holdings, which is expected to be accretive to earnings and lead to cost savings [14] - Future revenue growth is anticipated from strong loan demand and efforts to enhance fee income, although rising expenses and asset quality concerns present challenges [14]

F.N.B. Corporation Fourth Quarter 2025 January 21, 2026 Cautionary Statement Regarding Forward-Looking Information This document contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are those that do not relate to historical facts and that are based on current assumptions, beliefs, estimates, expectations and projections, many of which, by their nature, are inherently uncertain and beyond our control. Forward-looking sta ...

Market Performance - Major U.S. indexes ended the Christmas-shortened week higher, with the S&P 500 and Dow reaching new record highs, gaining 0.75% and 0.72% respectively, while the Nasdaq Composite increased by 0.70% [1] - The U.S. GDP growth rate for Q3 2025 was 4.3%, exceeding expectations and marking the fastest growth since Q3 2023 [2] - Despite a decline in consumer confidence, investor optimism is driven by strong corporate earnings outlook and AI enthusiasm [2] Stock Performance - Castle Biosciences, Inc. (CSTL) shares increased by 77.9% since being upgraded to a Zacks Rank 1 (Strong Buy) on October 20, significantly outperforming the S&P 500's 3.8% increase [3][6] - F.N.B. Corporation (FNB) shares rose by 13.4% after its upgrade to Zacks Rank 2 (Buy) on October 21, compared to the S&P 500's 2.8% increase [4] - Hamilton Insurance Group, Ltd. (HG) and Kinross Gold Corporation (KGC) saw gains of 19.8% and 7.7% respectively since their upgrade to Outperform on October 17 [7] Portfolio Performance - A hypothetical portfolio of Zacks Rank 1 stocks returned +14.3% in 2025, slightly underperforming the S&P 500's +14.9% [11] - The Zacks Model Portfolio has outperformed the S&P 500 index by over 12 percentage points since 1988, with an annualized average return of +23.9% compared to +11.5% for the S&P 500 [13] - The Zacks Earnings Certain Admiral Portfolio (ECAP) returned -1.30% in Q3 2025, underperforming the S&P 500's +8.1% gain [15] Dividend Portfolio Performance - Johnson & Johnson (JNJ) returned 14.3% over the past 12 weeks, while 3M Company (MMM) increased by 5.2% during the same period [18] - The Zacks Earnings Certain Dividend Portfolio (ECDP) returned -0.01% in Q3 2025, compared to the S&P 500's +8.1% gain [19]

Core Insights - Invesco Ltd.'s QQQ Trust, Series 1, has transitioned to an open-end exchange-traded fund (ETF) structure, approved by its shareholders, along with a new governance model featuring a board of trustees [1][7]. Group 1: Rationale and Benefits of the Move - The QQQ Trust has been operating under a unit investment trust (UIT) structure since its inception in 1999, which has become less efficient compared to modern ETFs, limiting capabilities such as reinvesting dividends and securities lending [2]. - The reclassification aims to align QQQ with contemporary ETF models, enhancing operational efficiencies and reducing the expense ratio, which is expected to drive revenue growth [2][3]. - The total expense ratio for Invesco QQQ will decrease from 0.20% to 0.18%, providing direct benefits to shareholders [3]. Group 2: Strategic Implications - The new structure will enable the fund to reinvest income and engage in securities lending without tax consequences for investors, while still tracking the Nasdaq-100 Index [3][7]. - Invesco's CEO highlighted the transformation as a means to enhance flexibility and improve outcomes for investors, while also aiming to grow assets under management, which would subsequently increase revenues [4]. Group 3: Market Performance - Invesco's shares have experienced a significant increase of 80.8% over the past six months, contrasting with a 2.1% decline in the industry [5]. - The company currently holds a Zacks Rank of 1 (Strong Buy), indicating strong market confidence [8].

Core Insights - Truist Financial Corp (TFC) has launched an electronic direct deposit switching feature to enhance the digital onboarding process for clients, resulting in 19% of new digital applicants completing the switch since its introduction in August [1][6] Group 1: Truist's Digital Strategy - The introduction of the direct deposit switching feature aligns with Truist's strategy to invest in a digitally enabled client experience and support long-term financial success [2] - Truist plans to add 100 insights-driven branches and renovate over 300 branches in high-growth markets over the next five years, alongside hiring additional Premier advisors for complex financial needs [2] - The firm is enhancing its digital platform with smarter appointment scheduling, self-service onboarding, and digital planning tools, while also expanding AI-driven solutions like Truist Assist and Truist Insights [3] Group 2: Client Experience and Growth Strategy - Sherry Graziano, head of digital, emphasized the importance of a faster onboarding experience, allowing clients to choose Truist as their primary financial partner through various channels [4] - Truist's strategy focuses on disciplined growth through physical expansion and digital innovation, aiming to boost fee income, loan growth, and operational efficiency [4] Group 3: Market Performance - Truist's shares have increased by 10% over the past three months, outperforming the industry average rise of 7.6% [5]

Core Viewpoint - Hancock Whitney Corp. (HWC) shares reached a 52-week high of $67.10, closing at $66.05, with a 23.2% increase over the last six months, outperforming the industry and S&P 500 Index [1][8]. Group 1: Stock Performance - HWC stock has outperformed Bank OZK (OZK) but underperformed F.N.B. Corp (FNB) over the past six months, with FNB and OZK shares increasing by 27.7% and 7.7%, respectively [2]. - The stock's performance indicates a strong upward trend, suggesting potential for further growth despite reaching a new high [4]. Group 2: Revenue and Growth Factors - HWC's total revenues have experienced a compound annual growth rate (CAGR) of 3.5% from 2019 to 2024, with continued growth expected in the first nine months of 2025 [5][8]. - The company announced a multi-year organic growth plan, including hiring additional associates and expanding its presence in Florida and Texas [6]. - The Zacks Consensus Estimate for 2025 revenues is projected at $1.51 billion, reflecting a year-over-year growth of 4.7%, while the 2026 estimate is $1.59 billion, indicating a growth of 4.9% [9][10]. Group 3: Financial Metrics - HWC's net interest margin (NIM) is expected to expand due to relatively higher interest rates and stabilizing deposit costs, with the NIM rising to 3.37% in 2024 from 3.34% in 2023 [12][13]. - The company maintains a solid balance sheet with total debt of $2.10 billion and cash and deposits amounting to $1.43 billion as of September 30, 2025 [14]. - HWC has received investment-grade ratings of BBB and Baa3, indicating a strong capital position and ability to meet debt obligations [15]. Group 4: Shareholder Value and Dividends - HWC announced a 12.5% increase in its quarterly dividend to 45 cents per share in January 2025, following a 33.3% hike in 2024 [16]. - A new share repurchase plan was approved to buy back up to 5% of its shares, enhancing shareholder value through efficient capital distributions [17][18]. Group 5: Analyst Sentiments - The Zacks Consensus Estimate for HWC's 2025 earnings remains at $5.70 per share, with a slight upward revision for 2026 earnings to $5.96, indicating growth rates of 7.1% and 4.6% for 2025 and 2026, respectively [20]. - HWC's current trailing P/E ratio of 11.71X is below the industry average of 12.55, suggesting the stock is undervalued compared to peers [22].