F.N.B. Corp (DE:FN2)
NYSE:FN2
Earnings Data
Report Date
Jul 22, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.36Last Year’s EPS
0.31Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong fundamental performance — double-digit EPS and NII growth year-over-year, solid loan growth acceleration late in the quarter, improved efficiency, robust capital metrics and expanded shareholder returns (dividend increase and buyback authorization). Management is investing heavily in AI/digital, fee-generating businesses and customer-primacy initiatives that should drive longer-term revenue and efficiency benefits. Headwinds include short-term NIM pressure from Fed-timing and seasonal funding, deposit pricing competition, and elevated near-term noninterest expense due to strategic investments. Asset quality remains resilient with strong coverage metrics, though CRE payoffs and slight upticks in delinquencies/NPLs warrant monitoring. Given the quantity and materiality of positive outcomes relative to manageable challenges, the overall tone is constructive and the company appears well-positioned to grow while returning capital to shareholders.Company Guidance
Strong Profitability and EPS Growth
Net income of $137 million and diluted EPS of $0.38, an increase of 19% year-over-year, underpinned by continued profitability and positive operating leverage.
PPNR and Operating Leverage
Pre-provision net revenue (PPNR) increased 17% year-over-year, producing positive operating leverage of 4.9%.
Loan Growth Acceleration
Period-end total loans and leases of $35.1 billion, representing 3.9% annualized linked-quarter growth; notable contributions included ~$198 million in consumer loans and ~$136 million in commercial loans, with spot C&I growth >4% linked-quarter annualized.
Deposit Stability and L-to-D Ratio
Spot total deposits of $38.9 billion with a linked-quarter increase of $142 million; noninterest-bearing deposits rose $89 million (3.6% linked-quarter annualized) and represented 26% of total deposits. Loan-to-deposit ratio held steady at 90%.
Capital Strength and Shareholder Returns
Common equity metrics strong: CET1 ratio 11.4% and TCE near 9%. Board approved additional $250 million repurchase authorization (combined remaining buyback capacity reported as $300 million after $35M repurchased in Q1) and raised the quarterly dividend 8% to $0.13, reflecting disciplined capital deployment.
Tangible Book Value and ROATCE
Tangible book value per share of $12.06, up 11% year-over-year, and return on average tangible common equity of 13.2%.
Net Interest Income and March Margin Momentum
Net interest income up nearly 11% year-over-year; Q1 net interest margin (NIM) 3.25% (down 3 bps sequentially) with a March exit margin of ~3.30%, and management expects gradual margin expansion over the year.
Fee Revenue and Business Diversification
Noninterest income of $91 million, up 3.7% year-over-year; capital markets income rose 27.8% to $6.8 million and wealth management revenues increased 2.8% to $21.8 million. Management expects fee growth from investment banking, public finance, treasury management and wealth initiatives.
Efficiency and Expense Discipline
Efficiency ratio improved to 56.1% from 58.5% a year ago, reflecting disciplined expense management even as the company invests in strategic initiatives.
Asset Quality and Reserves
Funded provision expense for the quarter was $19.4 million supporting growth and charge-offs. Ending funded reserve of $443 million (1.26% of loans, unchanged quarter-over-quarter); including unamortized discounts reserve = 1.32% and NPL coverage ~393%.
Strategic Wins and Innovation
New strategic customer wins (exclusive retail/twrs provider to Penn State), deployment of innovative ATM foreign currency capability at Pittsburgh Int'l Airport, continued investments in AI and digital (eStore, planned 360-view product) and multiple industry awards for customer service and workplace recognition.
DE:FN2 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:FN2 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 16, 2026 | €14.89 | €15.38 | +3.33% |
Jan 20, 2026 | €12.91 | €14.39 | +11.45% |
Oct 16, 2025 | €13.21 | €12.04 | -8.89% |
Jul 17, 2025 | €12.92 | €13.31 | +3.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does F.N.B. Corp (DE:FN2) report earnings?
F.N.B. Corp (DE:FN2) is schdueled to report earning on Jul 22, 2026, Before Open (Confirmed).
What is F.N.B. Corp (DE:FN2) earnings time?
F.N.B. Corp (DE:FN2) earnings time is at Jul 22, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
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What is the P/E ratio of F.N.B. Corp stock?
The P/E ratio of F.N.B. is N/A.
What is DE:FN2 EPS forecast?
DE:FN2 EPS forecast for the fiscal quarter 2026 (Q2) is 0.36.