Stock Analysis Report

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Executive Summary

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


PE ratio (9.9x) is below the US market (19.7x)

Pays a high and reliable dividend of 5.21%

Risk Analysis

No risks detected for FNB from our risk checks.

Snowflake Analysis

Flawless balance sheet established dividend payer.

Similar Companies

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: FNB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: FNB's weekly volatility (8%) has been stable over the past year.

Market Performance

7 Day Return




US Banks


US Market

1 Year Return




US Banks


US Market

Return vs Industry: FNB underperformed the US Banks industry which returned -17.3% over the past year.

Return vs Market: FNB underperformed the US Market which returned 20.7% over the past year.

Shareholder returns

7 Day4.7%6.0%2.8%
30 Day25.8%23.6%11.1%
90 Day20.5%17.6%6.5%
1 Year-21.8%-25.8%-14.3%-17.4%23.6%20.9%
3 Year-26.6%-35.0%-3.9%-11.9%47.3%37.6%
5 Year-21.6%-35.3%35.9%18.9%94.3%72.9%

Long-Term 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


Is F.N.B undervalued compared to its fair value and its price relative to the market?


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: FNB ($9.21) is trading above our estimate of fair value ($7.81)

Significantly Below Fair Value: FNB is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: FNB is good value based on its PE Ratio (9.9x) compared to the US Banks industry average (11.4x).

PE vs Market: FNB is good value based on its PE Ratio (9.9x) compared to the US market (19.7x).

Price to Earnings Growth Ratio

PEG Ratio: FNB is poor value based on its PEG Ratio (12.8x)

Price to Book Ratio

PB vs Industry: FNB is good value based on its PB Ratio (0.6x) compared to the US Banks industry average (0.9x).

Next Steps

Future Growth

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: FNB's forecast earnings growth (0.8% per year) is below the savings rate (2.2%).

Earnings vs Market: FNB's earnings (0.8% per year) are forecast to grow slower than the US market (22% per year).

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

Revenue vs Market: FNB's revenue is expected to decline over the next 3 years (-1.1% per year).

High Growth Revenue: FNB's revenue is forecast to decline over the next 3 years (-1.1% 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 (5.9%).

Next Steps

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 (27%) are lower than last year (33%).

Past Earnings Growth Analysis

Earnings Trend: FNB's earnings have grown significantly by 21.3% per year over the past 5 years.

Accelerating Growth: FNB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FNB had negative earnings growth (-21.6%) over the past year, making it difficult to compare to the Banks industry average (-4.3%).

Return on Equity

High ROE: FNB's Return on Equity (6.2%) is considered low.

Next Steps

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 (7.6x) is low.

Allowance for Bad Loans: FNB has a sufficient allowance for bad loans (210%).

Low Risk Liabilities: 89% 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 (68%).

Low Risk Deposits: FNB's Loans to Deposits ratio (88%) is appropriate.

Level of Bad Loans: FNB has an appropriate level of bad loans (0.7%).

Next Steps


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


Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: FNB's dividend (5.21%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: FNB's dividend (5.21%) is in the top 25% of dividend payers in the US market (4.08%)

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 reasonable payout ratio (51.7%), FNB's dividend payments are covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: FNB's dividends in 3 years are forecast to be covered by earnings (54.3% payout ratio).

Next Steps


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 ($USD6.43M) is about average for companies of similar size in the US market ($USD5.14M).

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

Leadership Team

Vincent Delie
$ 5.8m
Vincent Calabrese
Chief Financial Officer11.42yrsUS$2.31m0.082%
$ 2.4m
Gary Guerrieri
Chief Credit Officer9.58yrsUS$1.66m0.032%
$ 945.2k
Robert Moorehead
Chief Wholesale Banking Officer5.17yrsUS$1.45m0.019%
$ 555.3k
Barry Robinson
Chief Consumer Banking Officer5.25yrsUS$1.24m0.025%
$ 735.6k
Robert DeLisio
Chief Investment Officer2.08yrsno datano data
James Dutey
Corporate Controller3.67yrsno data0.0048%
$ 140.4k
Matthew Lazzaro
Manager of Investor Relations5.83yrsno datano data
James Orie
Chief Legal Officer & Corporate Secretary16.83yrsUS$277.03k0.011%
$ 333.9k
Barbara Cottrell
Director of Corporate Complianceno datano datano data
Jennifer Reel
Director of Corporate Communicationsno datano datano data
Thomas Whitesel
Chief Risk Officer4.17yrsno datano data


Average Tenure


Average Age

Experienced Management: FNB's management team is seasoned and experienced (5.5 years average tenure).

Board Members

Vincent Delie
$ 5.8m
Robert Hormell
Independent Director5.83yrsUS$127.23k0.015%
$ 431.8k
William Campbell
Independent Lead Director12.83yrsUS$171.23k0.032%
$ 949.0k
William Strimbu
Independent Director25.5yrsUS$154.10k0.039%
$ 1.1m
James Chiafullo
Independent Director8.08yrsUS$136.23k0.030%
$ 866.0k
John Stanik
Independent Director7.83yrsUS$134.73k0.019%
$ 557.0k
David Malone
Independent Director15.67yrsUS$144.73k0.033%
$ 960.7k
Mary Dively
Independent Director2.83yrsUS$128.73k0.014%
$ 410.1k
David Motley
Independent Director7.25yrsUS$137.23k0.015%
$ 443.3k
Heidi Nicholas
Independent Director5.83yrsUS$158.73k0.078%
$ 2.3m
Frank Mencini
Independent Director4.83yrsUS$158.73k0.019%
$ 562.0k
Pamela Bena
Independent Director2.83yrsUS$134.73k0.013%
$ 384.9k


Average Tenure


Average Age

Experienced Board: FNB's board of directors are considered experienced (6.5 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 company bio, 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
  • Market Cap: US$2.932b
  • Shares outstanding: 318.31m
  • Website: https://www.fnb-online.com

Number of Employees


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


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FNBNYSE (New York Stock Exchange)YesCommon StockUSUSDSep 1986
FN2DB (Deutsche Boerse AG)YesCommon StockDEEURSep 1986
FNB.PRENYSE (New York Stock Exchange)DEP SHS 1/40 PFDUSUSDNov 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/29 00:00
End of Day Share Price2020/11/27 00:00
Annual Earnings2019/12/31

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.