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Fnb Corp  (FNB)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial
 
Price: $13.3100 $0.03 0.226%
Day's High: $13.51 Week Perf: -1.92 %
Day's Low: $ 13.18 30 Day Perf: 0.83 %
Volume (M): 5,284 52 Wk High: $ 14.01
Volume (M$): $ 70,329 52 Wk Avg: $12.01
Open: $13.18 52 Wk Low: $10.09



 Market Capitalization (Millions $) 4,846
 Shares Outstanding (Millions) 364
 Employees 2,747
 Revenues (TTM) (Millions $) 1,499
 Net Income (TTM) (Millions $) 485
 Cash Flow (TTM) (Millions $) -98
 Capital Exp. (TTM) (Millions $) 88

Fnb Corp

The Corporation was formed in 1974 as a bank holding company. The Corporation is a financial holding company under the Gramm-Leach-Bliley Act of 1999 (GLB Act). The Corporation has four reportable business segments: Community Banking, Wealth Management, Insurance and Consumer Finance. As of December 31, 2015, the Corporation had 288 Community Banking offices in Pennsylvania, Ohio, Maryland and West Virginia and 76 Consumer Finance offices in Pennsylvania, Ohio, Tennessee and Kentucky.


As a diversified financial services holding company, the Corporation, through its subsidiaries, provides a full range of financial services, principally to consumers, corporations, governments and small- to medium-sized businesses in its market areas. The Corporation’s business strategy focuses primarily on providing quality, consumer- and commercial-based financial services adapted to the needs of each of the markets it serves. The Corporation seeks to maintain its community orientation by providing local management with certain autonomy in decision making, enabling them to respond to customer requests more quickly and to concentrate on transactions within their market areas. However, while the Corporation seeks to preserve some decision making at a local level, it has centralized legal, loan review and underwriting, accounting, investment, audit, loan operations, deposit operations and data processing functions. The centralization of these processes enables the Corporation to maintain consistent quality of these functions and to achieve certain economies of scale.

The Corporation’s Credit Policy requires, among other things, that all commercial loans be underwritten to document the borrower’s financial capacity to support the cash flow required to repay the loan. The Credit Policy also contains additional guidelines and requirements applicable to specific loan products or lines of business. The Corporation has developed a proprietary underwriting system for all corporate business loan relationships and utilizes a third party solution for small business loan relationships, with both platforms allowing for consistency in underwriting across the entire footprint that also generally permits credit decisions at the local and regional level. As part of this underwriting, the Corporation requires clear and concise documentation of the borrower’s ability to repay the loan based on current financial statements and/or tax returns, plus pro-forma financial statements, as appropriate. Specific guidelines for loan terms and conditions are outlined in the Corporation’s Credit Policy. The guidelines also detail the collateral requirements for various loan types. It is the Corporation’s general practice to obtain personal guarantees, supported by current personal financial statements and/or tax returns, to reduce the credit risk, as appropriate.

The Corporation’s revolving home equity lines of credit (HELOC) are generally variable rate loans underwritten based on fully indexed rates. For home equity loans, the Corporation’s policy is to generally require a LTV ratio not in excess of 85% and FICO scores of not less than 660. In certain circumstances, the Corporation will extend credit to borrowers with a LTV ratio over 85% on a limited and closely monitored basis. The Corporation’s underwriters evaluate a borrower’s debt service capacity on all line of credit applications by utilizing an interest shock rate of 3% over the prevailing variable interest rate at origination. The borrower’s debt-to-income ratio must remain within the Corporation’s guidelines under the shock rate repayment formula. The Corporation has elected, with the onset of the qualified mortgage (QM) rules established by the Consumer Financial Protection Bureau (CFPB) in 2014, to tightly limit the origination of non-QM loans.

Regency originates three general types of loans: direct real estate, direct non-real estate and indirect sales finance. Regency has written policies and procedures that it distributes to each Regency branch office defining underwriting, pricing and loan servicing guidelines. Regency issues written credit authority limits based upon the individual loan underwriter’s capability. On a monthly basis, Regency evaluates specific metrics relating to Regency’s origination and servicing of its loan portfolio. Regency also uses a quality control program to review, in an independent manner, loan origination and servicing on a monthly basis to ensure adherence with compliance and credit criteria standards.



   Company Address: One North Shore Center, Pittsburgh, 15212 PA
   Company Phone Number: 555-5455   Stock Exchange / Ticker: NYSE FNB
   


Customers Net Income fell by FNB's Customers Net Profit Margin fell to

-3.61 %

11.15 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BAC        0.14% 
C        2.05% 
COF   -2.85%    
JPM        1.49% 
PNC   -0.91%    
WFC        0.28% 
• View Complete Report
   



Fnb Corp

FNB Corp's Financial Performance Hits a Rough Patch as Revenue Softens in Q4 2023

The latest financial results of FNB Corporation paint a bleak picture for investors. With earnings per share plummeting by a staggering -62.46% and income per share dropping by -67.52% compared to the previous year, it is clear that the company is facing significant challenges. The revenue also took a hit, decreasing by -16.279% compared to the previous year.
The operating margin of FNB Corp has also taken a hit, falling to 18.21% and the net margin shrinking to 15.74%. This indicates that the company is struggling to maintain profitability in the face of declining revenue and earnings. Operating earnings have dropped by -66.48%, further squeezing the operating margin.

Fnb Corp

FNB Corp's Revenue Growth: A Promising Facade or Cause for Concern?



FNB Corp, a leading commercial banks company, announced its fiscal results for the time-frame ending September 30, 2023. While the figures may seem promising at first glance, a deeper analysis reveals concerning trends that could impact the company's future prospects. This article aims to discuss FNB Corp's recent performance, highlighting potential challenges and reasons for bearish sentiment.
Revenue Growth Insignificant in the Face of Weakening Financials
FNB Corp's reported revenue growth of 3.804% to $382.00 million appears positive when compared to the same quarter the previous year. However, it is essential to note that in the previous quarter, the company generated a higher revenue of $391.00 million. This decline in revenue over a short period raises concerns about the company's ability to consistently generate income.

Fnb Corp

FNB Corp Shatters Expectations with Stellar Fiscal Q2 2023 Performance; Leaves Industry Contemporaries in the Dust

FNB Corp: Impressive Q2 2023 Performance Defies Industry Norms
FNB Corp, a prominent player in the commercial banks industry, has reported an impressive fiscal second quarter performance in 2023. The company experienced a 30% increase in earnings per share (EPS), reaching $0.39 per share. This positive growth was followed by a remarkable 18.485% improvement in revenue, which reached $391.00 million compared to the same period the previous year.
What makes FNB Corp's performance even more exceptional is that it outperformed its contemporaries in the Commercial Banks industry, which reported an average business growth rate of 16.18% during the same quarter. FNB Corp's ability to surpass industry expectations demonstrates its strong market position and effective business strategies.

Fnb Corp

FNB Corp's Remarkable Financial Performance Sees 166.67% Surge in Earnings and $147 Million Net Profit in Q1 2023

The stock market is buzzing with excitement after the recent announcement from Fnb Corps. This leading corporation has just reported a phenomenal surge in earnings per share (EPS), witnessing an increase of 166.67% in their most recent fiscal period. The EPS rose to $0.40 per share in comparison to last year's figures, thanks to a robust growth in revenue of 36.735% to $402.00 million.
Fnb Corps' previous reporting period saw the company generate revenue of $387.00 million and $0.35 per share. However, with the latest figures in place, it's clear that the company is on an upward trajectory, recording a net profit of $147.000 million in the first quarter of 2023. This is a staggering 177.36% increase from the net earnings of $53.000 million reported in the same quarter a year ago.






 

Fnb's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Fnb does not provide revenue guidance.

Earnings Outlook
Fnb Corp does not provide earnings estimates.

 
Geographic Revenue Dispersion




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