earnings
confidence high
sentiment positive
materiality 0.65
F.N.B. reports record Q3 2021 revenue of $321M, EPS $0.34 vs $0.25 YoY
FNB CORP/PA/
2021-Q3 EPS reported
$0.93
- Net income available to common stockholders $109.5M ($0.34 diluted EPS) vs $80.8M ($0.25) in Q3 2020.
- Total revenue record $321.3M, up 4.6% YoY; non-interest income record $88.9M, up 11%.
- Period-end loans ex-PPP up $867.6M (3.7%); average deposits grew $2.5B (8.6%).
- Net interest margin (FTE) 2.72%, up 2 bps linked quarter; cost of interest-bearing deposits improved to 0.21%.
- Annualized net charge-offs 0.03% vs 0.29% YoY; provision for credit losses net benefit $1.8M.