Overview

• Diversified financial services firm's Q4 net income rose significantly yr/yr

• Company achieved record full-year revenue of $1.8 bln

• Company repurchased $18 mln worth of shares in Q4

Outlook

• Company plans to sell $200 mln of residential mortgage loans in Q1 2026

• Company continues investing in technology and AI for efficiency and revenue growth

• Company focuses on balance sheet management and improving loan-to-deposit ratio

Result Drivers

• NET INTEREST INCOME - Increase driven by growth in earning assets and lower cost of funds, despite lower yields on earning assets

• TECHNOLOGY INVESTMENTS - Investments in technology and data analytics drove automation, efficiency, and revenue growth

• CREDIT LOSS PROVISION - Decrease in provision for credit losses due to proactive loan portfolio management

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy"

• Wall Street's median 12-month price target for FNB Corp is $19.00, about 9.4% above its January 16 closing price of $17.36

• The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nPn23hcvYa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)