Financial Services · Banks - Regional
Price
$19.24
Market Cap
$6.8B
Employees
4,104
Beta
0.88
Avg Volume
5,749,608
CEO
Vincent J. Delie Jr.
Business Description
F.N.B. Corporation functions as a financial holding entity, delivering a broad spectrum of financial solutions. Its primary clientele includes individual consumers, corporate enterprises, governmental bodies, and small to mid-sized businesses. The organization's operations are divided into three main segments: Community Banking, Wealth Management, and Insurance. Through its commercial banking division, F.N.B. extends services such as corporate and small business accounts, financing for investment properties, commercial credit lines, capital markets access, and equipment leasing. For individual customers, the company offers a suite of banking products and services, encompassing deposit accounts, mortgage and personal lending, and digital banking platforms accessible via mobile and online channels. Its wealth management offerings include personal and corporate fiduciary services, such as the administration of estates and trusts, alongside securities brokerage, investment advisory services, and a variety of financial products like mutual funds and annuities. Additionally, F.N.B. provides both commercial and personal insurance, reinsurance products, and specialized mezzanine financing options tailored for small- to medium-sized businesses. As of December 31, 2021, the company maintained a network of 334 banking branches situated across Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, South Carolina, Washington, D.C., and Virginia. F.N.B. Corporation was established in 1864 and its corporate headquarters are located in Pittsburgh, Pennsylvania.
Business History
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
12.25
Stock Price: $19.24
EPS (Diluted): 1.57
EPS (Diluted): 1.57
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
0.91
Stock Price: $19.24
Total Equity: $6.76B
Shares: 361,953,974
Total Equity: $6.76B
Shares: 361,953,974
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
10.13
Market Cap: $6.85B
Total Debt: $3.92B
Cash: $2.50B
EBITDA: $746.36M
Total Debt: $3.92B
Cash: $2.50B
EBITDA: $746.36M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$7.6B
Market Cap: $6.85B
Total Debt: $3.92B
Cash: $2.50B
Total Debt: $3.92B
Cash: $2.50B
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
62.3%
Gross Profit: $1.68B
Revenue: $2.69B
Revenue: $2.69B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
24.8%
Operating Income: $669.36M
Revenue: $2.69B
Revenue: $2.69B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
21.0%
Net Income: $565.39M
Revenue: $2.69B
Revenue: $2.69B
ROE (Profit from shareholder equity)
CALCNet Income / Total Equity
8.4%
Net Income: $565.39M
Total Equity: $6.76B
Total Equity: $6.76B
ROIC (Profit from all invested capital)
CALCNOPAT / Invested Capital
6.9%
Operating Income: $669.36M
Tax Rate: 15.5%
Equity: $6.76B
Total Debt: $3.92B
Cash: $2.50B
Tax Rate: 15.5%
Equity: $6.76B
Total Debt: $3.92B
Cash: $2.50B
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.01
Current Assets: $41.08B
Current Liabilities: $40.78B
Current Liabilities: $40.78B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.58
Short-Term Debt: $2.02B
Long-Term Debt: $1.90B
Total Debt: $3.92B
Total Equity: $6.76B
Long-Term Debt: $1.90B
Total Debt: $3.92B
Total Equity: $6.76B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$7.45
Revenue: $2.69B
Shares: 361,953,974
Shares: 361,953,974
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$18.67
Total Equity: $6.76B
Shares: 361,953,974
Shares: 361,953,974
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$1.04
Operating CF: $482.00M
CapEx: -$106.00M
Shares: 361,953,974
CapEx: -$106.00M
Shares: 361,953,974
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
2.8%
Last Dividend: N/A
Stock Price: $19.24
Stock Price: $19.24
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $565.39M
Net Income: $565.39M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares FNB against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 6:54pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.6B | $2.2B | $2.6B | $2.7B |
| Cost of Revenue | $99.0M | $229.0M | $728.0M | $1.1B | $1.0B |
| Gross Profit | $1.2B | $1.4B | $1.5B | $1.5B | $1.7B |
| Operating Expenses | $733.0M | $826.0M | $915.0M | $961.0M | $1.0B |
| Operating Income | $503.0M | $553.0M | $584.0M | $555.0M | $669.4M |
| Net Income | $405.0M | $439.0M | $485.0M | $465.0M | $565.4M |
| EBITDA | $513.0M | $626.0M | $662.0M | $622.0M | $746.4M |
| EPS | $1.24 | $1.23 | $1.32 | $1.27 | $1.57 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 6:54pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $3.5B | $1.7B | $1.6B | $2.4B | $2.5B |
| Total Current Assets | $7.4B | $5.5B | $5.4B | $6.1B | $41.1B |
| Total Assets | $39.5B | $43.7B | $46.2B | $48.6B | $50.2B |
| Current Liabilities | $33.1B | $36.0B | $37.1B | $38.2B | $40.8B |
| Long-Term Debt | $812.0M | $1.2B | $2.1B | $3.1B | $1.9B |
| Total Liabilities | $34.4B | $38.1B | $40.1B | $42.3B | $43.5B |
| Total Equity | $5.2B | $5.7B | $6.1B | $6.3B | $6.8B |
| Retained Earnings | $1.1B | $1.4B | $1.7B | $2.0B | $2.3B |
Cash Flow (Annual)
Last updated: Jun 21, 2026 6:54pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $530.0M | $1.2B | $423.0M | $642.0M | $482.0M |
| Capital Expenditure | -$58.0M | -$95.0M | -$88.0M | -$139.0M | -$106.0M |
| Free Cash Flow | $472.0M | $1.1B | $335.0M | $503.0M | $376.0M |
| Acquisitions (net) | $0 | $188.0M | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$43.0M | -$43.0M | -$36.0M | -$3.0M | -$50.0M |
| Net Change in Cash | $2.1B | -$1.8B | -$98.0M | $843.0M | $79.0M |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 5:19pm (15h ago)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$1.8B $1.8B – $1.8B
|
$1.9B $1.9B – $1.9B
|
$2.1B $2.0B – $2.1B
|
$2.2B $2.2B – $2.2B
|
| EBITDA |
$562.8M $559.6M – $565.9M
|
$605.0M $598.6M – $608.2M
|
$653.6M $650.4M – $660.0M
|
$692.1M $692.1M – $692.1M
|
| Net Income |
$539.9M $534.4M – $545.3M
|
$618.6M $613.4M – $631.4M
|
$720.4M $698.6M – $742.1M
|
$793.3M $784.6M – $804.0M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 6:54pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +20.4% | +38.5% | +15.3% | +4.9% |
| Gross Profit Growth | +11.6% | +8.7% | +1.1% | +10.8% |
| Operating Income Growth | +9.9% | +5.6% | -5.0% | +20.6% |
| Net Income Growth | +8.4% | +10.5% | -4.1% | +21.6% |
| EBITDA Growth | +22.0% | +5.8% | -6.0% | +20.0% |
Dividend History (Last 20)
Last updated: Jun 21, 2026 6:54pm (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-06-01 | $0.13 | 2026-04-14 | 2026-06-01 | 2026-06-15 |
| 2026-03-02 | $0.12 | 2026-01-27 | 2026-03-02 | 2026-03-16 |
| 2025-12-01 | $0.12 | 2025-11-12 | 2025-12-01 | 2025-12-15 |
| 2025-09-02 | $0.12 | 2025-07-31 | 2025-09-02 | 2025-09-15 |
| 2025-06-02 | $0.12 | 2025-05-05 | 2025-06-02 | 2025-06-15 |
| 2025-03-03 | $0.12 | 2025-01-30 | 2025-03-03 | 2025-03-15 |
| 2024-12-02 | $0.12 | 2024-11-12 | 2024-12-02 | 2024-12-15 |
| 2024-09-05 | $0.12 | 2024-07-30 | 2024-09-05 | 2024-09-15 |
| 2024-06-06 | $0.12 | 2024-04-30 | 2024-06-06 | 2024-06-15 |
| 2024-03-05 | $0.12 | 2024-02-13 | 2024-03-06 | 2024-03-15 |
| 2023-12-04 | $0.12 | 2023-10-19 | 2023-12-05 | 2023-12-15 |
| 2023-09-01 | $0.12 | 2023-07-18 | 2023-09-05 | 2023-09-15 |
| 2023-06-01 | $0.12 | 2023-04-17 | 2023-06-02 | 2023-06-15 |
| 2023-03-02 | $0.12 | 2023-01-17 | 2023-03-03 | 2023-03-15 |
| 2022-12-02 | $0.12 | 2022-10-17 | 2022-12-05 | 2022-12-15 |
| 2022-09-01 | $0.12 | 2022-07-14 | 2022-09-02 | 2022-09-15 |
| 2022-06-02 | $0.12 | 2022-04-15 | 2022-06-03 | 2022-06-15 |
| 2022-03-03 | $0.12 | 2022-01-18 | 2022-03-04 | 2022-03-15 |
| 2021-12-02 | $0.12 | 2021-10-13 | 2021-12-03 | 2021-12-15 |
| 2021-09-02 | $0.12 | 2021-07-14 | 2021-09-03 | 2021-09-15 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for FNB — it's generated by the pipeline (
market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30