F.N.B. Corporation Reports First Quarter 2020 Results and COVID-19 Actions
F.N.B. Corporation (FNB)
Last f.n.b. corporation earnings: 4/23 05:59 am
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US:NYSE Investor Relations:
fnb-online.com/about-us/investor-relations-shareholder-services
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Source: PR Newswire
PITTSBURGH, April 23, 2020 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) reported earnings for the first quarter of 2020 with net income available to common stockholders of $45.4 million, or $0.14 per diluted common share. Comparatively, first quarter of 2019 net income available to common stockholders totaled $92.1 million, or $0.28 per diluted common share, and fourth quarter of 2019 net income available to common stockholders totaled $93.2 million, or $0.29 per diluted common share. The results for the first quarter of 2020 reflect a provision for credit losses of $37.9 million, or $0.09 per share, related to the COVID-19 macroeconomic impacts under the newly adopted Current Expected Credit Losses Standard (CECL), branch consolidation costs of $8.3 million, $0.02 per share, mortgage servicing rights impairment of $7.7 million, or $0.02 per share, accelerated vesting of certain 2020 stock grants of $5.6 million, or $0.01 per share, and COVID-19 related expenses of $2.0 million. The
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FNB
News
- F.N.B. Co. (NYSE: FNB) had its price target raised by analysts at Raymond James from $17.00 to $19.00. They now have an "outperform" rating on the stock.MarketBeat
- F.N.B. Corporation Declares Cash Dividend of $0.12 on Common StockPR Newswire
- Kelly Trombetta Joins First National Bank as Chief Operational Risk OfficerPR Newswire
- F.N.B. Co. (NYSE: FNB) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- F.N.B. Co. (NYSE: FNB) had its price target raised by analysts at Stephens from $16.00 to $18.00. They now have an "overweight" rating on the stock.MarketBeat
FNB
Earnings
- 10/17/24 - Miss
FNB
Sec Filings
- 11/12/24 - Form SC
- 11/5/24 - Form 10-Q
- 11/5/24 - Form 13F-NT
- FNB's page on the SEC website