F.N.B.: Fourth Quarter Financial Overview

F.N.B. Corp. Announces Strong Fourth-Quarter Financial Results

F.N.B. Corp., headquartered in Pittsburgh, revealed on Tuesday that it achieved a net profit of $168.7 million for the fourth quarter.

The bank reported earnings of 47 cents per share, with adjusted earnings—excluding one-time expenses—reaching 50 cents per share.

These figures exceeded analysts’ expectations, as the consensus from six analysts polled by Zacks Investment Research had predicted earnings of 41 cents per share.

During the quarter, F.N.B. Corp. generated $679.8 million in total revenue. After accounting for interest expenses, net revenue stood at $457.8 million, surpassing the $455.8 million anticipated by five Zacks analysts.

For the full year, the company recorded a total profit of $565.4 million, or $1.56 per share, with annual revenue reaching $1.77 billion.

Financial data for this report was sourced from Zacks Investment Research and compiled by Automated Insights.