Sector: Financials | Industry: Banks |
See Regulatory Filings on SEC |
Company Contact | |
Address: | F.N.B. Corporation One North Shore Center, 12 Federal St. PITTSBURGH PA 15212 |
Tel: | 1-844-8778750 |
Website: | https://www.fnb-online.com |
IR: | See website |
Key People | ||
Vincent J. Delie Chairman of the Board, President, Chief Executive Officer | Vincent J. Calabrese Chief Financial Officer | James L. Dutey Principal Accounting Officer, Corporate Controller |
Gary Lee Guerrieri Chief Credit Officer | David Bryant Mitchell Chief Wholesale Banking Officer | Barry C. Robinson Chief Consumer Banking Officer | James G. Orie Chief Legal Officer, Corporate Secretary |
Business Overview |
F.N.B. Corporation is a bank holding company and financial holding company. The Company operates through three segments: Community Banking, Wealth Management, and Insurance. The Community Banking segment consists of First National Bank of Pennsylvania (FNBPA), which offers commercial and consumer banking services. Commercial banking solutions include corporate banking, small business banking, investment real estate financing, business credit, capital markets and lease financing. The Wealth Management segment delivers wealth management services to individuals, corporations and retirement funds, as well as existing customers of the Community Banking segment, located primarily within its geographic markets. Its Wealth Management operations are conducted through three subsidiaries of FNBPA. The Insurance segment operates principally through First National Insurance Agency, LLC (FNIA), which is a subsidiary of the Company. FNIA is a full-service insurance brokerage agency. |
Financial Overview |
For the fiscal year ended 31 December 2023, FNB Corp interest income increased 54% to $1.97B. Net interest income after loan loss provision increased 18% to $1.25B. Net income applicable to common stockholders increased 11% to $477M. Net interest income after loan loss provision reflects Community Banking segment increase of 19% to $1.27B, Net Interest Margin, Total -% increase of 11% to 3.35%. |
Employees: | 4,008 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $6,069M as of Dec 31, 2023 |
Annual revenue (TTM): | $1,973M as of Dec 31, 2023 |
EBITDA (TTM): | $825.00M as of Dec 31, 2023 |
Net annual income (TTM): | $477.00M as of Dec 31, 2023 |
Free cash flow (TTM): | $153.00M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $930.00M as of Dec 31, 2023 |
Shares outstanding: | 358,945,531 as of Jan 31, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |