Zacks Research Has Bullish Forecast for F.N.B. Q3 Earnings

F.N.B. Corporation (NYSE:FNB) – Zacks Research increased their Q3 2027 earnings estimates for shares of F.N.B. in a research report issued on Monday, September 29th. Zacks Research analyst Team now expects that the bank will earn $0.49 per share for the quarter, up from their prior forecast of $0.48. The consensus estimate for F.N.B.’s current full-year earnings is $1.45 per share.

F.N.B. (NYSE:FNB) last released its quarterly earnings data on Thursday, July 17th. The bank reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.03. The company had revenue of $438.21 million during the quarter, compared to the consensus estimate of $424.39 million. F.N.B. had a return on equity of 7.94% and a net margin of 17.88%.During the same quarter in the prior year, the firm posted $0.34 earnings per share.

FNB has been the subject of several other reports. Wells Fargo & Company lifted their price target on shares of F.N.B. from $18.00 to $20.00 and gave the company an “overweight” rating in a research note on Monday, July 21st. Truist Financial boosted their target price on F.N.B. from $17.50 to $18.00 and gave the company a “buy” rating in a research report on Tuesday, July 22nd. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and issued a $18.50 target price (up from $16.50) on shares of F.N.B. in a research report on Monday, July 21st. DA Davidson boosted their price objective on F.N.B. from $17.00 to $19.00 and gave the company a “buy” rating in a report on Monday, July 21st. Finally, Wall Street Zen upgraded F.N.B. from a “sell” rating to a “hold” rating in a report on Sunday, July 13th. Seven analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $18.64.

F.N.B. Price Performance

FNB stock opened at $16.09 on Thursday. The firm has a market cap of $5.78 billion, a price-to-earnings ratio of 12.57, a PEG ratio of 0.90 and a beta of 0.94. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.41. The company’s fifty day simple moving average is $15.99 and its 200 day simple moving average is $14.64. F.N.B. has a 12-month low of $10.88 and a 12-month high of $17.70.

F.N.B. Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were given a dividend of $0.12 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $0.48 annualized dividend and a yield of 3.0%. F.N.B.’s dividend payout ratio is presently 37.50%.

Hedge Funds Weigh In On F.N.B.

Several institutional investors have recently added to or reduced their stakes in FNB. GAMMA Investing LLC increased its stake in shares of F.N.B. by 5.6% during the 3rd quarter. GAMMA Investing LLC now owns 15,096 shares of the bank’s stock worth $243,000 after purchasing an additional 807 shares during the last quarter. Captrust Financial Advisors grew its holdings in F.N.B. by 1.8% during the second quarter. Captrust Financial Advisors now owns 87,304 shares of the bank’s stock valued at $1,273,000 after purchasing an additional 1,514 shares during the period. EverSource Wealth Advisors LLC grew its holdings in F.N.B. by 3,723.1% during the second quarter. EverSource Wealth Advisors LLC now owns 2,485 shares of the bank’s stock valued at $36,000 after purchasing an additional 2,420 shares during the period. Russell Investments Group Ltd. grew its holdings in F.N.B. by 3.6% during the second quarter. Russell Investments Group Ltd. now owns 123,771 shares of the bank’s stock valued at $1,805,000 after purchasing an additional 4,299 shares during the period. Finally, SG Americas Securities LLC grew its holdings in F.N.B. by 155.4% during the second quarter. SG Americas Securities LLC now owns 60,478 shares of the bank’s stock valued at $882,000 after purchasing an additional 36,796 shares during the period. Institutional investors own 79.25% of the company’s stock.

About F.N.B.

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.