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. More Details
Flawless balance sheet, undervalued and pays a dividend.
Share Price & News
How has F.N.B's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FN2's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FN2 underperformed the German Banks industry which returned -11.4% over the past year.
Return vs Market: FN2 underperformed the German Market which returned 3.3% over the past year.
Price Volatility Vs. Market
How volatile is F.N.B's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is F.N.B undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FN2 (€5.5) is trading below our estimate of fair value (€9.04)
Significantly Below Fair Value: FN2 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FN2 is good value based on its PE Ratio (6.6x) compared to the DE Banks industry average (18.5x).
PE vs Market: FN2 is good value based on its PE Ratio (6.6x) compared to the German market (21.8x).
Price to Earnings Growth Ratio
PEG Ratio: FN2's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: FN2 is good value based on its PB Ratio (0.4x) compared to the DE Banks industry average (0.8x).
How is F.N.B forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FN2's earnings are forecast to decline over the next 3 years (-0.7% per year).
Earnings vs Market: FN2's earnings are forecast to decline over the next 3 years (-0.7% per year).
High Growth Earnings: FN2's earnings are forecast to decline over the next 3 years.
Revenue vs Market: FN2's revenue (0.8% per year) is forecast to grow slower than the German market (6.2% per year).
High Growth Revenue: FN2's revenue (0.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FN2's Return on Equity is forecast to be low in 3 years time (5.1%).
How has F.N.B performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FN2 has high quality earnings.
Growing Profit Margin: FN2's current net profit margins (28.6%) are lower than last year (32.9%).
Past Earnings Growth Analysis
Earnings Trend: FN2's earnings have grown significantly by 23% per year over the past 5 years.
Accelerating Growth: FN2's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FN2 had negative earnings growth (-16%) over the past year, making it difficult to compare to the Banks industry average (4.5%).
Return on Equity
High ROE: FN2's Return on Equity (6.7%) is considered low.
How is F.N.B's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: FN2's Assets to Equity ratio (7.7x) is low.
Allowance for Bad Loans: FN2 has a sufficient allowance for bad loans (215%).
Low Risk Liabilities: 87% of FN2's liabilities are made up of primarily low risk sources of funding.
Loan Level: FN2 has an appropriate level of Loans to Assets ratio (68%).
Low Risk Deposits: FN2's Loans to Deposits ratio (91%) is appropriate.
Level of Bad Loans: FN2 has an appropriate level of bad loans (0.6%).
What is F.N.B current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FN2's dividend (7.38%) is higher than the bottom 25% of dividend payers in the German market (1.17%).
High Dividend: FN2's dividend (7.38%) is in the top 25% of dividend payers in the German market (3.71%)
Stability and Growth of Payments
Stable Dividend: FN2's dividends per share have been stable in the past 10 years.
Growing Dividend: FN2's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.5%), FN2's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FN2's dividends in 3 years are forecast to be covered by earnings (57.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Vince Delie (55 yo)
Mr. Vincent J. Delie, Jr., also known as Vince, is the Board Chairman, President and CEO of F.N.B. Corporation. Mr. Delie joined F.N.B. in 2005 as President and CEO of the Company’s Pittsburgh Region. Begi ...
CEO Compensation Analysis
Compensation vs Market: Vince's total compensation ($USD6.43M) is above average for companies of similar size in the German market ($USD1.48M).
Compensation vs Earnings: Vince's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||11.25yrs||US$2.31m||0.082% |
|Chief Credit Officer||9.42yrs||US$1.66m||0.032% |
|Chief Wholesale Banking Officer||5yrs||US$1.45m||0.019% |
|Chief Consumer Banking Officer||5.08yrs||US$1.24m||0.025% |
|Chief Investment Officer||1.92yrs||no data||no data|
|Corporate Controller||3.5yrs||no data||0.0048% |
|Manager of Investor Relations||5.67yrs||no data||no data|
|Chief Legal Officer & Corporate Secretary||16.67yrs||US$277.03k||0.011% |
|Director of Corporate Compliance||no data||no data||no data|
|Director of Corporate Communications||no data||no data||no data|
|Chief Risk Officer||4yrs||no data||no data|
Experienced Management: FN2's management team is seasoned and experienced (5.4 years average tenure).
|Independent Director||5.67yrs||US$127.23k||0.015% |
|Independent Lead Director||12.67yrs||US$171.23k||0.032% |
|Independent Director||25.33yrs||US$154.10k||0.039% |
|Independent Director||7.92yrs||US$136.23k||0.029% |
|Independent Director||7.67yrs||US$134.73k||0.019% |
|Independent Director||15.58yrs||US$144.73k||0.033% |
|Independent Director||2.67yrs||US$128.73k||0.014% |
|Independent Director||7.08yrs||US$137.23k||0.015% |
|Independent Director||5.67yrs||US$158.73k||0.078% |
|Independent Director||4.67yrs||US$158.73k||0.018% |
|Independent Director||2.67yrs||US$134.73k||0.012% |
Experienced Board: FN2's board of directors are considered experienced (6.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FN2 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
F.N.B. Corporation's company bio, employee growth, exchange listings and data sources
- Name: F.N.B. Corporation
- Ticker: FN2
- Exchange: DB
- Founded: 1864
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$2.074b
- Listing Market Cap: US$1.767b
- Shares outstanding: 319.01m
- Website: https://www.fnb-online.com
Number of Employees
- F.N.B. Corporation
- One North Shore Center
- 12 Federal Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FNB||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Sep 1986|
|FN2||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Sep 1986|
|FNB.PRE||NYSE (New York Stock Exchange)||DEP SHS 1/40 PFD||US||USD||Nov 2013|
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 throug ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/26 05:17|
|End of Day Share Price||2020/09/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.