Zacks Research Has Optimistic Opinion of F.N.B. Q1 Earnings

F.N.B. Corporation (NYSE:FNB) – Zacks Research increased their Q1 2028 earnings estimates for shares of F.N.B. in a research report issued on Thursday, September 24th. Zacks Research analyst Team now expects that the bank will earn $0.53 per share for the quarter, up from their prior forecast of $0.52. The consensus estimate for F.N.B.’s current full-year earnings is $1.69 per share.

Other equities research analysts also recently issued research reports about the company. Bank of America reissued a “neutral” rating and set a $19.00 price objective (down from $20.00) on shares of F.N.B. in a report on Monday, July 20th. Wall Street Zen raised F.N.B. from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. Wells Fargo & Company increased their target price on F.N.B. from $21.00 to $22.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Weiss Ratings reissued a “buy (b)” rating on shares of F.N.B. in a research note on Friday, September 4th. Finally, UBS Group initiated coverage on F.N.B. in a report on Monday, September 14th. They set a “neutral” rating and a $20.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $20.75.

F.N.B. Stock Down 1.3%

Shares of NYSE:FNB opened at $17.41 on Monday. The company has a fifty day moving average of $18.57 and a 200-day moving average of $18.01. The company has a market capitalization of $6.14 billion, a PE ratio of 10.36, a price-to-earnings-growth ratio of 1.12 and a beta of 0.84. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.91 and a current ratio of 0.92. F.N.B. has a 52-week low of $14.45 and a 52-week high of $19.59.

F.N.B. (NYSE:FNB) last issued its quarterly earnings data on Friday, July 17th. The bank reported $0.42 EPS for the quarter, meeting the consensus estimate of $0.42. F.N.B. had a net margin of 22.29% and a return on equity of 9.10%. The business had revenue of $463.00 million during the quarter, compared to the consensus estimate of $467.13 million. During the same quarter in the prior year, the firm earned $0.36 EPS.

F.N.B. Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a $0.13 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $0.52 annualized dividend and a dividend yield of 3.0%. F.N.B.’s payout ratio is currently 30.95%.

Insider Buying and Selling at F.N.B.

In related news, insider Bryant Mitchell David sold 4,055 shares of the stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $19.25, for a total value of $78,058.75. Following the completion of the sale, the insider directly owned 144,283 shares in the company, valued at $2,777,447.75. This represents a 2.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On F.N.B.

A number of institutional investors have recently made changes to their positions in the stock. Wellington Management Group LLP increased its stake in shares of F.N.B. by 12.5% in the second quarter. Wellington Management Group LLP now owns 1,318,016 shares of the bank’s stock valued at $25,148,000 after buying an additional 146,571 shares during the period. Rhino Investment Partners Inc lifted its stake in shares of F.N.B. by 47.8% in the first quarter. Rhino Investment Partners Inc now owns 1,207,418 shares of the bank’s stock worth $20,188,000 after acquiring an additional 390,526 shares during the period. HighTower Advisors LLC boosted its holdings in F.N.B. by 0.3% in the second quarter. HighTower Advisors LLC now owns 620,845 shares of the bank’s stock valued at $11,846,000 after acquiring an additional 1,657 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in F.N.B. by 5.5% in the second quarter. Hsbc Holdings PLC now owns 482,010 shares of the bank’s stock valued at $9,233,000 after acquiring an additional 25,141 shares during the last quarter. Finally, Amundi increased its position in F.N.B. by 980.6% during the 2nd quarter. Amundi now owns 382,193 shares of the bank’s stock valued at $7,292,000 after purchasing an additional 346,824 shares during the period. Institutional investors own 79.25% of the company’s stock.

About F.N.B.

F.N.B. Corporation is a diversified financial services company headquartered in Pittsburgh, Pennsylvania. It operates primarily through its banking subsidiary, First National Bank of Pennsylvania, which provides services to consumers, businesses, and institutional clients.

The company offers a broad range of banking products and services, including checking and savings accounts, consumer lending, residential and commercial real estate financing, business loans, treasury management, and wealth management.