secwatch.observer — SEC 8-K summary
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Issuer:     FNB CORP/PA/ (FNB)
CIK:        0000037808
Form:       8-K
Filed at:   2024-10-18T23:59:59+00:00
Accession:  0000037808-24-000024
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/37808/000003780824000024/0000037808-24-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/37808/000003780824000024/fnb-20241017.htm
  HTML page:      https://secwatch.observer/filing/0000037808-24-000024

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