FNB
F.N.B. Corporation's Continued Strong Financial Performance Leads to an 8% Increase to the Quarterly Common Stock Cash Dividend and the Authorization of a New $250 Million Share Repurchase Program
Article Summary
BUY- Corporation (NYSE: FNB) announced two strategic actions to deploy capital resulting from sustained exceptional financial performance to continue benefiting FNB shareholders.
- F.N.B. declared a quarterly cash dividend of $0.13 per share on common stock representing a one cent per share increase from the prior quarterly dividend and authorized a new $250 million share repurchase program.
- Both actions were unanimously approved by the Board of Directors based on FNB executive management's disciplined development and execution of its long-term strategic plans.
- Chairman, President and Chief Executive Officer Vincent J.
- Delie Jr. said the company has succeeded at creating a premier regional institution recognized for strong performance, signature innovation and disciplined senior management team.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 4.4% | 25% | 20.0 ptsMinimal (4.4%) - Very weak |
| EPS Growth Next 5Y ? | 11.4% | 25% | 35.0 ptsBelow Screener (11.4%) - Modest outlook |
| Target Price Upside ? | 12.5% | 20% | 50.0 ptsMeets Minimum (12.5%) - Target: $19.94 vs Current: $17.73 |
| Gross Margin % ? | — | 15% | 40.0 ptsNo Gross Margin Data |
| Drawdown from 52-Wk High ? | -7.3% | 15% | 20.0 ptsBarely a Dip (-7.3%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About FNB
- F.N.B. Corporation, a bank and financial holding company, provides a range of financial products and services primarily to consumers, corporations, governments, and small- to medium-sized businesses in the United States.
- The company operates through three segments: Community Banking, Wealth Management, and Insurance.
- The Community Banking segment offers commercial and consumer banking services, including small business banking, investment real estate financing, business credit, capital market, and capital market and equipment financing services.
- It provides consumer banking products and services, such as deposit products, mortgage and consumer lending services, and mobile and online banking services.
- The Wealth Management segment provides personal and corporate fiduciary services comprising administration of decedent and trust estates; and securities brokerage and investment advisory services, mutual funds, and annuities.
- The Insurance segment comprises commercial and personal insurance, and reinsurance products, as well as mezzanine financing options for small- to medium-sized businesses.
- The company operates community banking branches in Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, South Carolina, Washington, D.C., and Virginia.
- F.N.B. Corporation was founded in 1864 and is headquartered in Pittsburgh, Pennsylvania.