earnings
confidence high
sentiment neutral
materiality 0.65
F.N.B. Corporation Q3 2024 EPS $0.30 ($0.34 operating); deposits up $1.8B linked quarter; TBVPS up 15% YoY to $10.33
FNB CORP/PA/
2024-Q3 EPS reported
$0.96
- Net income available to common $110.1M ($0.30 diluted GAAP EPS); operating EPS $0.34; compares to $0.40 YoY.
- Deposits grew $1.8B linked quarter (5%); loan-to-deposit ratio improved 400bps to 92% after $431M auto loan sale.
- TBVPS $10.33 (record), up 15% YoY; AOCI impact narrowed from -$1.06 to -$0.43.
- Net interest income $323.3M (+2.4% linked Q); NIM stable at 3.08%. Record non-interest income $89.7M (+10% YoY).
- Provision for credit losses $23.4M (vs $7.8M prior Q); net charge-offs $21.5M; CET1 ratio 10.4%.