FNB Corp

Chart & Performance

D1W1MN

P/E

10.93

P/S

2.38

EPS

1.35

Div Yield, %

3.43%

Shrs. gr., 5y

2.19%

Rev. gr., 5y

13.05%

Revenues

2.23b

+54.57%

Net income

485m

+10.48%

CFO

423m

-65.27%

Dividend

Sep 05, 20240.12 USD/sh

Earnings

Jan 16, 2025

Profile

F.N.B. Corporation, a financial holding company, provides a range of financial services primarily to consumers, corporations, governments, and small- to medium-sized businesses. The company operates through three segments: Community Banking, Wealth Management, and Insurance. It offers commercial banking solutions, including corporate and small business banking, investment real estate financing, business credit, capital market, and lease financing services. The company also provides consumer banking products and services, such as deposit products, mortgage and consumer lending services, and mobile and online banking services; and wealth management services comprising personal and corporate fiduciary services comprising administration of decedent and trust estates; securities brokerage and investment advisory services, mutual funds, and annuities; and commercial and personal insurance, and reinsurance products, as well as mezzanine financing options for small- to medium-sized businesses. As of December 31, 2021, it operated 334 banking offices in Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, South Carolina, Washington, D.C., and Virginia. F.N.B. Corporation was founded in 1864 and is headquartered in Pittsburgh, Pennsylvania.

URL

https://www.fnb-online.com/

IPO date

Sep 02, 1986

Employees

4,018

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	2,231,000 54.57%	1,443,333 16.69%	1,236,895 1.66%
Cost of revenue	544,017	535,284	521,082
Unusual Expense (Income)
NOPBT	1,686,983	908,049	715,813
NOPBT Margin	75.62%	62.91%	57.87%
Operating Taxes	99,000	113,626	98,496
Tax Rate	5.87%	12.51%	13.76%
NOPAT	1,587,983	794,423	617,317
Net income	485,000 10.48%	439,000 8.40%	405,000 41.61%
Dividends	(182,000)	(179,000)	(164,000)
Dividend yield	3.64%	3.87%	4.18%
Proceeds from repurchase of equity	(36,000)	(43,000)	2,319,000
BB yield	0.72%	0.93%	-59.10%
Debt
Debt current	2,506,000	1,372,000	1,536,000
Long-term debt	2,185,000	1,234,000	816,600
Deferred revenue		(131,000)	570,000
Other long-term liabilities	35,631,000	35,607,000	(682,000)
Net debt	(6,175,000)	(9,705,000)	(11,455,400)
Cash flow
Cash from operating activities	423,000	1,218,000	530,000
CAPEX	(88,000)	(95,000)	(58,000)
Cash from investing activities	(2,261,000)	(3,055,000)	(153,000)
Cash from financing activities	1,740,000	18,000	1,733,000
FCF	(20,017)	2,738,423	862,317
Balance
Cash	3,701,000	4,949,000	6,919,000
Long term investments	7,165,000	7,362,000	6,889,000
Excess cash	10,754,450	12,238,833	13,746,155
Stockholders' equity	1,545,000	1,124,000	1,158,000
Invested Capital	44,613,000	42,470,000	39,779,000
ROIC	3.65%	1.93%	1.59%
ROCE	3.65%	2.08%	1.74%
EV
Common stock shares outstanding	362,898	354,052	323,481
Price	13.77 5.52%	13.05 7.58%	12.13 27.68%
Market cap	4,997,103 8.15%	4,620,381 17.75%	3,923,830 26.90%
EV	(1,070,897)	(4,977,619)	(7,424,570)
EBITDA	1,764,983	981,049	725,813
EV/EBITDA
Interest	656,000	165,174	98,234
Interest/NOPBT	38.89%	18.19%	13.72%