Core Viewpoint - F.n.b. reported strong Q2 2025 earnings that exceeded analyst expectations, showcasing profitability and capital growth driven by a wider net interest margin, increased loans and deposits, and record fee income [1][5][12] Financial Performance - Non-GAAP earnings per share (EPS) for Q2 2025 were $0.36, surpassing the $0.34 estimate and reflecting a 5.9% year-over-year increase [2] - GAAP revenue reached $438 million, exceeding the forecast of $424.17 million and marking an 8.4% increase from $403.8 million in Q2 2024 [2] - Net income available to common shareholders (GAAP) was $130.7 million in Q2 2025 [5] - Average loan and lease balances rose to $34.5 billion, up 3.7%, while average deposits grew 7.3% to $37.1 billion [5] Profitability Metrics - The net interest margin (non-GAAP) expanded to 3.19%, up from 3.09% in the previous year, indicating improved lending profitability [6] - Non-interest income reached a record $91.0 million, with capital markets income increasing by 34.1% year-over-year [7] Strategic Developments - The bank is focusing on expanding its market reach through both traditional branches and digital channels, alongside investing in new technology platforms [4] - The acquisition of Raptor Partners introduced a new advisory product line, enhancing fee income diversity [7] - Continued investment in technology includes AI-driven digital onboarding and a Clicks-to-Bricks approach to streamline customer interactions [8] Credit Quality and Capital - Credit quality remained robust, although the provision for credit losses (GAAP) increased by 26.8% compared to Q2 2024 [11] - The Common Equity Tier 1 (CET1) regulatory capital ratio was 10.8%, well above regulatory minimums, with tangible book value per share climbing 12.8% to $11.14 [12] Future Guidance - Management maintained full-year guidance for 2025, projecting net interest income between $1.345 billion and $1.385 billion and non-interest income between $350 million and $370 million [13] - Loan growth pipelines are expected to pick up seasonally in the second half of 2025, with ongoing investments in technology and compliance being key areas to monitor [14]