earnings
confidence high
sentiment positive
materiality 0.70
FNB Q3 2023 EPS $0.40, net income $143.3M; loans up 2.5% QoQ
FNB CORP/PA/
2023-Q3 EPS reported
$1.18
- Diluted EPS $0.40, net income available to common $143.3M, vs $0.38 and $135.5M in Q3 2022.
- Period-end loans +2.5% linked-quarter; commercial loans up $470M, consumer loans up $326M.
- Period-end deposits +2.3% linked-quarter; non-interest-bearing deposits stable at 31% of total.
- Net interest income $326.6M (+9.9% YoY); net interest margin (FTE) 3.26%, up 7 bps YoY.
- Tangible book value per share $9.02 (+12.5% YoY); CET1 ratio 10.2% (estimated).