company background image

F.N.BNYSE:FNB Stock Report

Last Price


Market Cap







20 Jan, 2022


Company Financials +
FNB fundamental analysis
Snowflake Score
Future Growth1/6
Past Performance4/6
Financial Health6/6

FNB Stock Overview

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.

F.N.B Competitors

Signature Bank



Western Alliance Bancorporation



First Horizon



Cullen/Frost Bankers



Price History & Performance

Summary of all time highs, changes and price drops for F.N.B
Historical stock prices
Current Share PriceUS$13.23
52 Week HighUS$14.11
52 Week LowUS$9.79
1 Month Change11.74%
3 Month Change8.80%
1 Year Change27.58%
3 Year Change15.65%
5 Year Change-13.81%
Change since IPO82.76%

Recent News & Updates

Jan 06

F.N.B. Corporation: Acquisition Benefits To Support Earnings Later This Year

The acquisition of Howard Bancorp will likely increase the loan portfolio by more than 7%. The rising interest-rate environment and the acquisition of Howard Bancorp will likely improve the net interest margin this year. Merger-related expenses and the acquisition of Howard will increase the non-interest expenses in early 2022. Cost savings will likely materialize later this year. Further reserve releases are likely through early 2022. The provision expense will likely normalize by the mid of this year. The December 2022 target price suggests a high upside from the current market price. Further, FNB is offering a decent dividend yield.

Oct 19

F.N.B. Corporation: Solid Third Quarter Earnings Likely Support Another Move Higher

Solid third quarter results exceed consensus expectations, largely driven by well-rounded revenue growth and nearly pristine credit. Average earning assets successfully continue to power through PPP loan forgiveness headwinds. Operating leverage continues to improve as the cost base once again shows signs of solid expense management.

Shareholder Returns

FNBUS BanksUS Market

Return vs Industry: FNB underperformed the US Banks industry which returned 29.3% over the past year.

Return vs Market: FNB exceeded the US Market which returned 10.2% over the past year.

Price Volatility

Is FNB's price volatile compared to industry and market?
FNB volatility
FNB Average Weekly Movement4.4%
Banks Industry Average Movement3.8%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: FNB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: FNB's weekly volatility (4%) has been stable over the past year.

About the Company

18644,077Vince Delie

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.

F.N.B Fundamentals Summary

How do F.N.B's earnings and revenue compare to its market cap?
FNB fundamental statistics
Market CapUS$4.29b
Earnings (TTM)US$396.56m
Revenue (TTM)US$1.24b


P/E Ratio


P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FNB income statement (TTM)
Cost of RevenueUS$0
Gross ProfitUS$1.24b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Jan 20, 2022

Earnings per share (EPS)1.24
Gross Margin100.00%
Net Profit Margin32.08%
Debt/Equity Ratio43.1%

How did FNB perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio


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: FNB ($13.45) is trading below our estimate of fair value ($18.74)

Significantly Below Fair Value: FNB is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: FNB is poor value based on its PE Ratio (11.6x) compared to the US Banks industry average (11.2x).

PE vs Market: FNB is good value based on its PE Ratio (11.6x) compared to the US market (17x).

Price to Earnings Growth Ratio

PEG Ratio: FNB is poor value based on its PEG Ratio (2.4x)

Price to Book Ratio

PB vs Industry: FNB is good value based on its PB Ratio (0.9x) compared to the US Banks industry average (1.2x).

Future Growth

How is F.N.B forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FNB's forecast earnings growth (4.9% per year) is above the savings rate (2%).

Earnings vs Market: FNB's earnings (4.9% per year) are forecast to grow slower than the US market (13% per year).

High Growth Earnings: FNB's earnings are forecast to grow, but not significantly.

Revenue vs Market: FNB's revenue (5.4% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: FNB's revenue (5.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: FNB's Return on Equity is forecast to be low in 3 years time (7.3%).

Past Performance

How has F.N.B performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FNB has high quality earnings.

Growing Profit Margin: FNB's current net profit margins (30.4%) are higher than last year (26.9%).

Past Earnings Growth Analysis

Earnings Trend: FNB's earnings have grown by 13.9% per year over the past 5 years.

Accelerating Growth: FNB's earnings growth over the past year (22.9%) exceeds its 5-year average (13.9% per year).

Earnings vs Industry: FNB earnings growth over the past year (22.9%) underperformed the Banks industry 43.7%.

Return on Equity

High ROE: FNB's Return on Equity (7.4%) is considered low.

Financial Health

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

Balance Sheet

Financial Institutions Analysis

Asset Level: FNB's Assets to Equity ratio (7.7x) is low.

Allowance for Bad Loans: FNB has a sufficient allowance for bad loans (317%).

Low Risk Liabilities: 92% of FNB's liabilities are made up of primarily low risk sources of funding.

Loan Level: FNB has an appropriate level of Loans to Assets ratio (62%).

Low Risk Deposits: FNB's Loans to Deposits ratio (77%) is appropriate.

Level of Bad Loans: FNB has an appropriate level of bad loans (0.4%).


What is F.N.B current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: FNB's dividend (3.57%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: FNB's dividend (3.57%) is in the top 25% of dividend payers in the US market (3.48%)

Stability and Growth of Payments

Stable Dividend: FNB's dividends per share have been stable in the past 10 years.

Growing Dividend: FNB's dividend payments have not increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (41.6%), FNB's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: FNB's dividends in 3 years are forecast to be well covered by earnings (40.5% payout ratio).

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Vince Delie (56 yo)





Mr. Vincent J. Delie, Jr., also known as Vince, is the Board Chairman of F.N.B. Corporation since 2017. Mr. Delie serves as Chairman, President and CEO at First National Bank of Pennsylvania.Mr. Delie joi...

CEO Compensation Analysis

Compensation vs Market: Vince's total compensation ($USD6.31M) is about average for companies of similar size in the US market ($USD5.14M).

Compensation vs Earnings: Vince's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: FNB's management team is seasoned and experienced (7 years average tenure).

Board Members

Experienced Board: FNB's board of directors are considered experienced (8.7 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: FNB insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

F.N.B. Corporation's employee growth, exchange listings and data sources

Key Information

  • Name: F.N.B. Corporation
  • Ticker: FNB
  • Exchange: NYSE
  • Founded: 1864
  • Industry: Regional Banks
  • Sector: Banks
  • Implied Market Cap: US$4.290b
  • Shares outstanding: 318.93m
  • Website:

Number of Employees


  • F.N.B. Corporation
  • One North Shore Center
  • 12 Federal Street
  • Pittsburgh
  • Pennsylvania
  • 15212
  • United States


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 23:11
End of Day Share Price2022/01/20 00:00
Annual Earnings2021/12/31

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.