Workflow
Commercial banking solutions
icon
Search documents
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
Prnewswire· 2026-02-26 14:40
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, ...
Beacon Financial Corporation Announces 2026 Virtual Annual Meeting Information
Prnewswire· 2026-01-30 13:30
Group 1 - Beacon Financial Corporation will hold its 2026 Annual Meeting virtually on May 13, 2026, at 11:00 a.m. Eastern Standard Time [1] - Stockholders of record as of March 20, 2026, are entitled to vote at the Annual Meeting [1] Group 2 - Beacon Financial Corporation is the holding company for Beacon Bank, created on September 1, 2025, through a merger of Berkshire Hills Bancorp, Inc. and Brookline Bancorp, Inc. [2] - The company is headquartered in Boston and has $23.2 billion in assets with over 145 branches in New England and New York [2] - Beacon Bank offers a full suite of banking solutions including commercial, cash management, asset-based lending, retail, consumer, and residential products and services [2] - The bank operates through divisions such as Berkshire Bank, Brookline Bank, BankRI, and PCSB Bank, and provides equipment financing, SBA lending, and private wealth services [2]
F.N.B. Corporation Reports Fourth Quarter and Full Year 2025 Earnings
Prnewswire· 2026-01-20 21:30
Core Insights - F.N.B. Corporation reported strong financial results for the fourth quarter of 2025, with net income available to common shareholders reaching $168.7 million, or $0.47 per diluted common share, marking an increase from $109.9 million, or $0.30 per diluted common share in the fourth quarter of 2024 [1][6][9] - The company achieved total revenue of $1.8 billion for the full year 2025, with significant growth in both net interest income and non-interest income [4][12] - Capital levels remained robust, with a Common Equity Tier 1 (CET1) ratio of 11.4% and tangible book value per common share increasing by 13% year-over-year to $11.87 [4][17][27] Financial Performance - For the full year 2025, net income available to common shareholders was $565.4 million, or $1.56 per diluted common share, up from $459.3 million, or $1.27 per diluted common share in 2024, representing a 23% increase [3][4] - Operating earnings per diluted common share (non-GAAP) for 2025 was $1.59, a 14% increase from $1.39 in 2024 [3][4] - The fourth quarter 2025 operating earnings per diluted common share (non-GAAP) was $0.50, compared to $0.38 in the fourth quarter of 2024 [2][4] Revenue and Income Breakdown - Net interest income for the fourth quarter of 2025 totaled $365.4 million, an increase of $43.2 million, or 13.4%, from the previous year, driven by growth in average earning assets [9][19] - Non-interest income reached $92.3 million in the fourth quarter of 2025, compared to $50.9 million in the same quarter of 2024, reflecting strong performance in wealth management and other fee-based services [12][22] - The company recognized investment tax credits of $37.2 million in the fourth quarter of 2025, contributing positively to income taxes [7] Asset and Deposit Growth - Average loans and leases increased to $35.0 billion, up $1.2 billion, or 3.4%, primarily due to consumer loan growth [5][10] - Average deposits rose to $38.6 billion, an increase of $1.7 billion, or 4.5%, with significant growth in interest-bearing demand deposits [11][21] - The loan-to-deposit ratio improved to 89.7% at December 31, 2025, compared to 91.5% at the end of 2024 [11][20] Expense Management - Non-interest expense for the fourth quarter of 2025 totaled $273.2 million, an increase of $25.0 million, or 10.1%, compared to the previous year [13][23] - Operating non-interest expense (non-GAAP) increased by $8.3 million, or 3.4%, when adjusted for significant items impacting earnings [13][23] - The efficiency ratio (non-GAAP) was 53.8%, compared to 52.4% in the prior quarter, indicating a slight decline in operational efficiency [23] Asset Quality and Credit Management - The provision for credit losses was $18.9 million, a decrease from the previous quarter, with net charge-offs of $16.4 million, or 0.19% annualized of total average loans [15][25] - The ratio of non-performing loans and other real estate owned (OREO) to total loans decreased to 0.31%, reflecting solid asset quality metrics [14][24] - The allowance for credit losses (ACL) to total loans ratio increased to 1.26%, indicating proactive management of the loan portfolio [15][25]
Jim Cramer Calls Capital One “Absolutely Terrific”
Yahoo Finance· 2026-01-12 17:47
Group 1 - Capital One Financial Corporation (NYSE:COF) is recognized for its strong performance in the financial sector, which was the fourth-best sector in the market last year, with a growth of 13.3% [1] - Major banks, including Capital One, have shown significant gains, with large banks like Citi, Goldman Sachs, Morgan Stanley, JPMorgan, and Wells Fargo increasing by more than 25% [1] - The company is part of a portfolio that includes Goldman Sachs and Wells Fargo, indicating confidence in its future performance [1] Group 2 - Capital One provides a range of banking and financial services, including credit cards, loans, deposit accounts, and commercial banking solutions [2]
F.N.B. Corporation Schedules Fourth Quarter 2025 Earnings Report and Conference Call
Prnewswire· 2026-01-06 20:39
Core Viewpoint - F.N.B. Corporation plans to release its financial results for Q4 2025 on January 20, 2026, followed by a conference call on January 21, 2026, to discuss these results [1][4]. Group 1: Financial Results Announcement - The financial results for the fourth quarter of 2025 will be issued after market close on January 20, 2026 [1]. - A conference call to discuss the financial results will take place on January 21, 2026, at 8:30 AM ET [1]. Group 2: Conference Call Details - A live listen-only webcast of the conference call will be available on the Corporation's website [2]. - Participants can access the conference call by dialing specific numbers for domestic and international callers [3]. - Pre-registration for the call is available, allowing callers to bypass the live operator [3]. Group 3: Company Overview - F.N.B. Corporation is headquartered in Pittsburgh, Pennsylvania, and operates in seven states and the District of Columbia [5]. - The company has total assets of $50 billion and approximately 350 banking offices across various states [5]. - F.N.B. provides a full range of commercial banking, consumer banking, and wealth management solutions [6]. Group 4: Stock Information - F.N.B. Corporation's common stock trades on the New York Stock Exchange under the symbol "FNB" and is included in the S&P MidCap 400 Index [7].
Jim Cramer on Capital One: “I Think It’s Going to Be a Monster Year in 2026 for These Guys”
Yahoo Finance· 2025-12-28 17:57
Group 1 - Capital One Financial Corporation (NYSE:COF) is experiencing significant growth, with a reported stock increase of approximately 38% and expectations for a strong performance in 2026 [1] - The company provides a range of banking and financial services, including credit cards, loans, deposit accounts, and commercial banking solutions [1] - RGA Investment Advisors has recently added shares of Capital One to their portfolios, highlighting the company's acquisition of ING Direct, which provided a low-cost, digitally native deposit base [1] Group 2 - There is a recognition of the potential of Capital One as an investment, but some analysts believe that certain AI stocks may offer greater upside potential with less downside risk [2]
Jim Cramer Notes Capital One is Challenging Its “Old Highs”
Yahoo Finance· 2025-12-06 05:34
Group 1 - Capital One Financial Corporation (NYSE:COF) is highlighted as a stock that is challenging its old highs, alongside American Express, indicating a positive market sentiment [1] - The company provides a range of banking and financial services, including credit cards, loans, deposit accounts, and commercial banking solutions [1] - The acquisition of Discover is noted as a strategic advantage for Capital One, making it cheaper for merchants to use their services compared to Visa or MasterCard [1] - Capital One's stock is currently trading at 10 times earnings, with approximately 160 million cards in circulation, contrasting with Block's 57 million Cash App users trading at 25 times earnings [1]
FNB Reinforces Standing as a Leading Employer with 2025 National Culture Excellence Awards
Prnewswire· 2025-10-30 17:00
Core Insights - First National Bank (FNB), a subsidiary of F.N.B. Corporation, has received multiple awards for its workplace culture, including three National Culture Excellence honors and a regional Top Workplaces award for Charlotte, NC in 2025 [1][3][4] Group 1: Awards and Recognition - FNB has been recognized for its strong workplace culture, receiving awards in Professional Development, Employee Appreciation, and Employee Well-Being for the third consecutive year in 2025 [3] - The company has also been awarded as one of America's Greatest Workplaces and America's Greatest Workplaces for Financial Services by Newsweek, as well as a Top Workplace USA by Energage and USA Today [5] - FNB has been selected for the Charlotte Top Workplaces award for the fourth consecutive year, highlighting its growth in the region since establishing a presence in 2017 [4] Group 2: Company Overview - F.N.B. Corporation, headquartered in Pittsburgh, operates in seven states and the District of Columbia, with total assets of $50 billion and approximately 350 banking offices [7] - The company provides a full range of commercial banking, consumer banking, and wealth management solutions through its subsidiary network [8][9] - FNB's market coverage includes major metropolitan areas such as Pittsburgh, Baltimore, Cleveland, Washington, D.C., and various cities in North Carolina and South Carolina [7]
F.N.B. Corporation Schedules Third Quarter 2025 Earnings Report and Conference Call
Prnewswire· 2025-09-25 19:30
Core Points - F.N.B. Corporation plans to release its financial results for Q3 2025 on October 16, 2025, after market close [1] - A conference call to discuss the financial results will be held on October 17, 2025, at 8:30 AM ET [1] - The company operates in seven states and the District of Columbia, with total assets nearing $50 billion and approximately 350 banking offices [4][5] Company Overview - F.N.B. Corporation is a diversified financial services company headquartered in Pittsburgh, Pennsylvania [4] - The company provides a full range of commercial banking, consumer banking, and wealth management solutions [5] - F.N.B. Corporation's common stock trades on the NYSE under the symbol "FNB" and is included in the S&P MidCap 400 Index [6]
FNB Promotes Brian Mancos to Director of Human Resources and Corporate Services
Prnewswire· 2025-07-29 13:30
Group 1 - First National Bank has promoted Brian Mancos to Director of Human Resources and Corporate Services, succeeding Charles Casalnova [1][2] - Mancos has over a decade of experience as Senior Corporate Counsel at FNB and will report directly to Vincent J. Delie, the Chairman, President, and CEO [2][4] - Delie emphasized the company's focus on internal talent development and Mancos' unique qualifications to enhance the company's culture of collaboration and innovation [4] Group 2 - F.N.B. Corporation is a diversified financial services company with total assets of nearly $50 billion and approximately 350 banking offices across several states and the District of Columbia [5][6] - The company operates in major metropolitan areas including Pittsburgh, Baltimore, Cleveland, Washington D.C., and several cities in North Carolina and South Carolina [5] - FNB offers a comprehensive range of services including commercial banking, consumer banking, and wealth management solutions [6]