NYSE: FNB
FNB CORP/PA/CIK 0000037808 · SIC 6021 · National Commercial Banks
Every 8-K is open in full. Other 10-Ks and 10-Qs show a 3-bullet preview. A free account reads 3 more full reports a month. Generating a report requires a verified account.
Sign up freeWant to see a complete report first? Today's free report (NTSK 10-Q) is open in full — no account needed.
FNB Q2 net income rises 14.6% to $149.0M; buybacks accelerate
5 material changes detected. Sign up free to read the summary.
FNB reports Q2 2026 EPS of $0.42, up 16.7% year-over-year, with record revenue
5 material changes detected. Sign up free to read the summary.
Partner
Trade FNB commission-free
Open an account, get a free stock.
Investing involves risk. Free stock terms apply.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Latest financial statements
From 10-Q filed Aug 5, 2026 (period ending Jun 30, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.
Consolidated Statements of Income (Unaudited)
(Dollars in millions, except per share data)
| Description | Three months ended June 30, 2026 | Three months ended June 30, 2025 | Six months ended June 30, 2026 | Six months ended June 30, 2025 |
|---|---|---|---|---|
| Interest Income | ||||
| Loans and leases, including fees | 493 | 501 | 979 | 981 |
| Investment Securities: | ||||
| Taxable | 64 | 57 | 125 | 112 |
| Tax-exempt | 7 | 7 | 14 | 14 |
| Other | 14 | 18 | 29 | 35 |
| Total Interest Income | 578 | 583 | 1,147 | 1,142 |
| Interest Expense | ||||
| Deposits | 169 | 181 | 338 | 367 |
| Short-term borrowings | 19 | 20 | 37 | 34 |
| Long-term borrowings | 24 | 34 | 47 | 70 |
| Total Interest Expense | 212 | 235 | 422 | 471 |
| Net Interest Income | 366 | 348 | 725 | 671 |
| Provision for credit losses | 22 | 26 | 40 | 43 |
| Net Interest Income After Provision for Credit Losses | 344 | 322 | 685 | 628 |
| Non-Interest Income | ||||
| Service charges | 24 | 23 | 47 | 45 |
| Interchange and card transaction fees | 13 | 14 | 26 | 26 |
| Trust services | 12 | 11 | 25 | 24 |
| Insurance commissions and fees | 6 | 5 | 12 | 11 |
| Securities commissions and fees | 9 | 9 | 18 | 18 |
| Capital markets income | 8 | 7 | 15 | 12 |
| Mortgage banking operations | 6 | 6 | 12 | 13 |
| Dividends on non-marketable equity securities | 7 | 6 | 13 | 12 |
| Bank owned life insurance | 5 | 4 | 9 | 9 |
| Other | 7 | 6 | 11 | 9 |
| Total Non-Interest Income | 97 | 91 | 188 | 179 |
| Non-Interest Expense | ||||
| Salaries and employee benefits | 135 | 130 | 271 | 265 |
| Net occupancy | 20 | 19 | 43 | 39 |
| Equipment | 29 | 28 | 57 | 54 |
| Outside services | 29 | 26 | 55 | 52 |
| Marketing | 4 | 5 | 8 | 10 |
| FDIC insurance | 9 | 9 | 16 | 17 |
| Bank shares tax | 4 | 4 | 9 | 8 |
| Other | 23 | 26 | 52 | 48 |
| Total Non-Interest Expense | 253 | 247 | 511 | 493 |
| Income Before Income Taxes | 188 | 166 | 362 | 314 |
| Income taxes | 39 | 36 | 76 | 67 |
| Net Income | 149 | 130 | 286 | 247 |
| Earnings per Common Share | ||||
| Basic | 0.42 | 0.36 | 0.80 | 0.68 |
| Diluted | 0.42 | 0.36 | 0.80 | 0.68 |
Consolidated Balance Sheets
(Dollars in millions, except share and per share data)
| Description | June 30, 2026 (Unaudited) | December 31, 2025 |
|---|---|---|
| Assets | ||
| Cash and due from banks | 426 | 387 |
| Interest-bearing deposits with banks | 1,949 | 2,111 |
| Cash and Cash Equivalents | 2,375 | 2,498 |
| Debt securities available for sale (amortized cost of $3,848 and $3,783; allowance for credit losses of $0 and $0) | 3,758 | 3,727 |
| Debt securities held to maturity (fair value of $4,049 and $3,941; allowance for credit losses of $0 and $0) | 4,251 | 4,117 |
| Loans held for sale (includes $282 and $514 measured at fair value (1)) | 290 | 515 |
| Loans and leases, net of unearned income of $84 and $87 (includes $96 and $85 measured at fair value (1)) | 35,769 | 34,777 |
| Allowance for credit losses on loans and leases | (447) | (439) |
| Net Loans and Leases | 35,322 | 34,338 |
| Premises and equipment, net | 564 | 568 |
| Goodwill | 2,480 | 2,480 |
| Core deposit and other intangible assets, net | 30 | 36 |
| Bank owned life insurance | 674 | 667 |
| Other assets | 1,255 | 1,283 |
| Total Assets | 50,999 | 50,229 |
| Liabilities | ||
| Deposits: | ||
| Non-interest-bearing | 10,056 | 9,914 |
| Interest-bearing | 28,623 | 28,845 |
| Total Deposits | 38,679 | 38,759 |
| Short-term borrowings | 2,681 | 2,017 |
| Long-term borrowings | 2,002 | 1,901 |
| Other liabilities | 798 | 793 |
| Total Liabilities | 44,160 | 43,470 |
| Shareholders’ Equity | ||
| Common stock - $0.01 par value | ||
| Authorized – 500,000,000 shares | ||
| Issued 375,030,534 and 375,030,534 shares | 4 | 4 |
| Additional paid-in capital | 4,691 | 4,695 |
| Retained earnings | 2,539 | 2,343 |
| Accumulated other comprehensive loss | (103) | (63) |
| Treasury stock 21,470,450 and 17,727,219 shares at cost | (292) | (220) |
| Total Shareholders’ Equity | 6,839 | 6,759 |
| Total Liabilities and Shareholders’ Equity | 50,999 | 50,229 |
Consolidated Statements of Cash Flows (Unaudited)
(In millions)
| Description | Six months ended June 30, 2026 | Six months ended June 30, 2025 |
|---|---|---|
| Operating Activities | ||
| Net income | 286 | 247 |
| Adjustments to reconcile net income to net cash flows provided by (used in) operating activities: | ||
| Depreciation, amortization and accretion | 48 | 37 |
| Provision for credit losses | 40 | 43 |
| Deferred tax expense (benefit) | 6 | 8 |
| Loans originated for sale | (910) | (770) |
| Loans sold | 947 | 720 |
| Net (gains) losses on sale of loans | (17) | (11) |
| Net change in: | ||
| Interest receivable | 20 | 3 |
| Interest payable | (3) | (5) |
| Bank owned life insurance, excluding purchases | (6) | (5) |
| Other, net | (2) | (80) |
| Net cash flows provided by (used in) operating activities | 409 | 187 |
| Investing Activities | ||
| Net change in loans and leases, excluding sales and transfers | (1,014) | (788) |
| Debt securities available for sale: | ||
| Purchases | (451) | (412) |
| Maturities/payments | 388 | 369 |
| Debt securities held to maturity: | ||
| Purchases | (363) | (297) |
| Maturities/payments | 232 | 166 |
| Increase in premises and equipment | (35) | (59) |
| Net proceeds from sales of portfolio loans | 194 | 5 |
| Net cash flows provided by (used in) investing activities | (1,049) | (1,016) |
| Financing Activities | ||
| Net change in: | ||
| Deposits | (81) | 640 |
| Short-term borrowings | 664 | 620 |
| Proceeds from issuance of long-term borrowings | 109 | 317 |
| Repayment of long-term borrowings | (9) | (638) |
| Repurchases of common stock | (82) | (20) |
| Cash dividends paid on common stock | (90) | (87) |
| Other, net | 6 | 5 |
| Net cash flows provided by (used in) financing activities | 517 | 837 |
| Net Increase (Decrease) in Cash and Cash Equivalents | (123) | 8 |
| Cash and cash equivalents at beginning of period | 2,498 | 2,419 |
| Cash and Cash Equivalents at End of Period | 2,375 | 2,427 |
Amounts as printed on the EDGAR/iXBRL face — (Dollars in millions, except per share data); (Dollars in millions, except share and per share data); (In millions). Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗