secwatch.observer — SEC 8-K summary
======================================

Issuer:     FNB CORP/PA/ (FNB)
CIK:        0000037808
Form:       8-K
Filed at:   2021-07-20T23:59:59+00:00
Accession:  0000037808-21-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FNB Q2 2021 net income $99.4M ($0.31 EPS), up 22% YoY; record operating net income
--------------------------------------------------------------------------------

- Net income available to common stockholders $99.4M ($0.31 diluted EPS); operating EPS $0.31, up 22% YoY.
- Total revenue $308M; net interest income $227.9M stable; non-interest income $79.8M (+2.8%) on record wealth management.
- Provision for credit losses net benefit $1.1M (vs $30.2M expense YoY); net charge-offs 0.06% annualized.
- Loans ex-PPP grew 9% annualized linked-quarter; PPP loans $1.6B with $2.0B forgiveness processed.
- Tangible book value $8.20 (+$0.19 QoQ); CET1 10.0%; efficiency ratio 56.8%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/37808/000003780821000024/0000037808-21-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/37808/000003780821000024/fnb-20210719.htm
  HTML page:      https://secwatch.observer/filing/0000037808-21-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer