Annual Income Statements for F.N.B.
Annual Income Statements for F.N.B.
This table shows F.N.B.'s income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for F.N.B.
This table shows F.N.B.'s income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
136 |
137 |
145 |
140 |
143 |
49 |
116 |
123 |
110 |
110 |
117 |
Consolidated Net Income / (Loss) |
|
138 |
139 |
147 |
142 |
145 |
51 |
122 |
123 |
110 |
110 |
117 |
Net Income / (Loss) Continuing Operations |
|
138 |
139 |
147 |
142 |
145 |
51 |
122 |
123 |
110 |
110 |
117 |
Total Pre-Tax Income |
|
173 |
176 |
182 |
179 |
164 |
59 |
156 |
157 |
140 |
102 |
148 |
Total Revenue |
|
380 |
415 |
416 |
410 |
407 |
338 |
407 |
404 |
412 |
373 |
411 |
Net Interest Income / (Expense) |
|
297 |
335 |
337 |
329 |
326 |
325 |
319 |
316 |
323 |
322 |
323 |
Total Interest Income |
|
343 |
408 |
444 |
484 |
513 |
532 |
543 |
557 |
583 |
569 |
559 |
Loans and Leases Interest Income |
|
297 |
357 |
394 |
429 |
455 |
476 |
481 |
494 |
516 |
494 |
480 |
Investment Securities Interest Income |
|
38 |
42 |
43 |
42 |
45 |
48 |
53 |
55 |
55 |
61 |
62 |
Other Interest Income |
|
8.00 |
9.00 |
7.00 |
13 |
13 |
8.00 |
9.00 |
8.00 |
12 |
14 |
17 |
Total Interest Expense |
|
46 |
73 |
107 |
155 |
187 |
207 |
224 |
241 |
260 |
247 |
236 |
Deposits Interest Expense |
|
31 |
54 |
84 |
112 |
139 |
160 |
170 |
180 |
199 |
205 |
186 |
Short-Term Borrowings Interest Expense |
|
6.00 |
8.00 |
10 |
22 |
23 |
23 |
28 |
32 |
30 |
9.00 |
14 |
Long-Term Debt Interest Expense |
|
9.00 |
11 |
13 |
21 |
25 |
24 |
26 |
29 |
31 |
33 |
36 |
Total Non-Interest Income |
|
83 |
80 |
79 |
81 |
81 |
13 |
88 |
88 |
89 |
51 |
88 |
Service Charges on Deposit Accounts |
|
10 |
-22 |
31 |
30 |
33 |
-51 |
32 |
35 |
35 |
35 |
35 |
Other Service Charges |
|
47 |
76 |
22 |
24 |
22 |
101 |
25 |
22 |
22 |
20 |
21 |
Investment Banking Income |
|
6.00 |
6.00 |
7.00 |
7.00 |
7.00 |
7.00 |
8.00 |
8.00 |
8.00 |
7.00 |
9.00 |
Other Non-Interest Income |
|
20 |
20 |
19 |
20 |
19 |
23 |
23 |
23 |
24 |
23 |
23 |
Provision for Credit Losses |
|
12 |
28 |
14 |
19 |
25 |
14 |
14 |
20 |
23 |
23 |
17 |
Total Non-Interest Expense |
|
195 |
211 |
220 |
212 |
218 |
265 |
237 |
227 |
249 |
248 |
246 |
Salaries and Employee Benefits |
|
107 |
103 |
120 |
114 |
114 |
114 |
129 |
121 |
126 |
128 |
135 |
Net Occupancy & Equipment Expense |
|
36 |
38 |
39 |
38 |
42 |
42 |
44 |
43 |
46 |
44 |
46 |
Marketing Expense |
|
3.00 |
5.00 |
4.00 |
4.00 |
5.00 |
4.00 |
5.00 |
4.00 |
6.00 |
6.00 |
5.00 |
Property & Liability Insurance Claims |
|
5.00 |
5.00 |
7.00 |
8.00 |
8.00 |
38 |
13 |
10 |
10 |
8.00 |
8.00 |
Other Operating Expenses |
|
39 |
103 |
43 |
43 |
44 |
84 |
42 |
44 |
57 |
75 |
52 |
Income Tax Expense |
|
35 |
37 |
35 |
37 |
19 |
8.00 |
34 |
34 |
30 |
-8.00 |
31 |
Preferred Stock Dividends Declared |
|
2.00 |
2.00 |
2.00 |
2.00 |
2.00 |
2.00 |
6.00 |
0.00 |
0.00 |
- |
0.00 |
Basic Earnings per Share |
|
$0.39 |
$0.39 |
$0.40 |
$0.39 |
$0.40 |
$0.13 |
$0.32 |
$0.34 |
$0.30 |
$0.31 |
$0.32 |
Weighted Average Basic Shares Outstanding |
|
350.78M |
360.63M |
361.07M |
358.82M |
358.83M |
358.95M |
359.75M |
359.57M |
359.59M |
359.72M |
359.81M |
Diluted Earnings per Share |
|
$0.38 |
$0.39 |
$0.40 |
$0.39 |
$0.40 |
$0.12 |
$0.32 |
$0.34 |
$0.30 |
$0.31 |
$0.32 |
Weighted Average Diluted Shares Outstanding |
|
350.78M |
360.63M |
361.07M |
358.82M |
358.83M |
358.95M |
359.75M |
359.57M |
359.59M |
359.72M |
359.81M |
Weighted Average Basic & Diluted Shares Outstanding |
|
350.78M |
360.63M |
361.07M |
358.82M |
358.83M |
358.95M |
359.75M |
359.57M |
359.59M |
359.72M |
359.81M |
Cash Dividends to Common per Share |
|
$0.12 |
- |
$0.12 |
$0.12 |
$0.12 |
- |
$0.12 |
$0.12 |
$0.12 |
- |
$0.12 |
Annual Cash Flow Statements for F.N.B.
This table details how cash moves in and out of F.N.B.'s business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
202 |
-118 |
108 |
9.00 |
111 |
784 |
2,110 |
-1,819 |
-98 |
843 |
Net Cash From Operating Activities |
|
223 |
293 |
279 |
611 |
259 |
113 |
530 |
1,218 |
423 |
642 |
Net Cash From Continuing Operating Activities |
|
223 |
293 |
279 |
611 |
259 |
113 |
530 |
1,218 |
423 |
642 |
Net Income / (Loss) Continuing Operations |
|
160 |
171 |
199 |
373 |
387 |
286 |
405 |
439 |
485 |
465 |
Consolidated Net Income / (Loss) |
|
160 |
171 |
199 |
373 |
387 |
286 |
405 |
439 |
485 |
465 |
Provision For Loan Losses |
|
40 |
56 |
61 |
61 |
44 |
123 |
1.00 |
64 |
72 |
80 |
Depreciation Expense |
|
44 |
61 |
89 |
109 |
45 |
-3.00 |
10 |
73 |
78 |
67 |
Non-Cash Adjustments to Reconcile Net Income |
|
-5.30 |
0.00 |
44 |
61 |
15 |
-127 |
-123 |
164 |
6.00 |
-3.00 |
Changes in Operating Assets and Liabilities, net |
|
-15 |
5.00 |
-114 |
7.00 |
-232 |
-166 |
237 |
478 |
-218 |
33 |
Net Cash From Investing Activities |
|
-1,143 |
-1,260 |
-1,529 |
-1,920 |
-1,131 |
-1,822 |
-153 |
-3,055 |
-2,261 |
-1,703 |
Net Cash From Continuing Investing Activities |
|
-1,143 |
-1,260 |
-1,529 |
-1,920 |
-1,131 |
-1,822 |
-153 |
-3,055 |
-2,261 |
-1,703 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-9.72 |
-60 |
-57 |
-35 |
-46 |
-41 |
-58 |
-95 |
-88 |
-139 |
Purchase of Investment Securities |
|
-1,946 |
-2,962 |
-3,478 |
-1,587 |
-1,158 |
-2,661 |
-3,131 |
-2,080 |
-1,198 |
-1,699 |
Sale of Property, Leasehold Improvements and Equipment |
|
- |
- |
- |
- |
- |
-2,604 |
558 |
- |
- |
-2,113 |
Divestitures |
|
- |
- |
- |
- |
- |
0.00 |
0.00 |
188 |
0.00 |
0.00 |
Sale and/or Maturity of Investments |
|
813 |
1,762 |
1,809 |
962 |
1,500 |
3,484 |
2,478 |
1,763 |
1,467 |
2,248 |
Net Cash From Financing Activities |
|
1,121 |
849 |
1,358 |
1,318 |
983 |
2,493 |
1,733 |
18 |
1,740 |
1,904 |
Net Cash From Continuing Financing Activities |
|
1,121 |
849 |
1,358 |
1,318 |
983 |
2,493 |
1,733 |
18 |
1,740 |
1,904 |
Net Change in Deposits |
|
1,093 |
814 |
1,163 |
1,059 |
1,334 |
4,337 |
2,604 |
258 |
-62 |
2,394 |
Issuance of Debt |
|
142 |
298 |
534 |
487 |
41 |
-1,084 |
25 |
202 |
2,364 |
1,379 |
Repayment of Debt |
|
-35 |
-173 |
-199 |
-77 |
-239 |
-574 |
-705 |
-231 |
-352 |
-1,590 |
Repurchase of Preferred Equity |
|
- |
- |
- |
- |
- |
- |
- |
0.00 |
0.00 |
-111 |
Repurchase of Common Equity |
|
- |
- |
- |
0.00 |
0.00 |
-38 |
-43 |
-43 |
-36 |
-3.00 |
Payment of Dividends |
|
-93 |
-110 |
-151 |
-165 |
-165 |
-165 |
-164 |
-179 |
-182 |
-177 |
Other Financing Activities, Net |
|
0.03 |
2.00 |
- |
14 |
12 |
17 |
16 |
11 |
8.00 |
12 |
Quarterly Cash Flow Statements for F.N.B.
This table details how cash moves in and out of F.N.B.'s business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Change in Cash & Equivalents |
|
247 |
-602 |
49 |
-19 |
-67 |
-61 |
-89 |
393 |
198 |
341 |
26 |
Net Cash From Operating Activities |
|
349 |
177 |
19 |
130 |
294 |
-20 |
245 |
85 |
-14 |
326 |
64 |
Net Cash From Continuing Operating Activities |
|
349 |
177 |
19 |
130 |
295 |
-21 |
245 |
85 |
-14 |
326 |
64 |
Net Income / (Loss) Continuing Operations |
|
138 |
139 |
147 |
142 |
145 |
51 |
122 |
123 |
110 |
110 |
117 |
Consolidated Net Income / (Loss) |
|
138 |
139 |
147 |
142 |
145 |
51 |
122 |
123 |
110 |
110 |
117 |
Provision For Loan Losses |
|
12 |
28 |
14 |
19 |
26 |
13 |
14 |
20 |
23 |
23 |
17 |
Depreciation Expense |
|
19 |
19 |
21 |
21 |
19 |
17 |
14 |
18 |
17 |
18 |
18 |
Non-Cash Adjustments to Reconcile Net Income |
|
13 |
13 |
9.00 |
-13 |
-19 |
29 |
52 |
-30 |
-52 |
27 |
29 |
Changes in Operating Assets and Liabilities, net |
|
167 |
-22 |
-172 |
-39 |
124 |
-131 |
43 |
-46 |
-112 |
148 |
-117 |
Net Cash From Investing Activities |
|
-825 |
-642 |
-317 |
-636 |
-771 |
-537 |
76 |
-1,340 |
31 |
-470 |
-335 |
Net Cash From Continuing Investing Activities |
|
-825 |
-642 |
-317 |
-636 |
-771 |
-537 |
76 |
-1,340 |
31 |
-470 |
-335 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-28 |
-17 |
-33 |
-27 |
-11 |
-17 |
-29 |
-30 |
-32 |
-48 |
-21 |
Purchase of Investment Securities |
|
-355 |
-316 |
-75 |
-135 |
-156 |
-832 |
-556 |
-342 |
-153 |
-648 |
-244 |
Sale of Property, Leasehold Improvements and Equipment |
|
- |
- |
-415 |
-677 |
- |
- |
-261 |
-1,188 |
- |
- |
-300 |
Sale and/or Maturity of Investments |
|
295 |
397 |
206 |
203 |
221 |
837 |
922 |
220 |
624 |
482 |
230 |
Net Cash From Financing Activities |
|
723 |
-137 |
347 |
487 |
410 |
496 |
-410 |
1,648 |
181 |
485 |
297 |
Net Cash From Continuing Financing Activities |
|
723 |
-137 |
347 |
487 |
410 |
496 |
-410 |
1,648 |
181 |
485 |
297 |
Net Change in Deposits |
|
413 |
-79 |
-581 |
-366 |
790 |
95 |
23 |
258 |
1,777 |
336 |
132 |
Issuance of Debt |
|
361 |
-10 |
1,288 |
951 |
-319 |
444 |
-271 |
1,652 |
-1,448 |
1,446 |
718 |
Repayment of Debt |
|
-9.00 |
-8.00 |
-306 |
-26 |
-19 |
-1.00 |
-11 |
-216 |
-108 |
-1,255 |
-504 |
Repurchase of Preferred Equity |
|
- |
- |
0.00 |
- |
- |
- |
-111 |
- |
- |
- |
0.00 |
Repurchase of Common Equity |
|
- |
- |
-12 |
-25 |
- |
1.00 |
0.00 |
-3.00 |
- |
- |
-10 |
Payment of Dividends |
|
-45 |
-44 |
-46 |
-45 |
-45 |
-46 |
-46 |
-43 |
-44 |
-44 |
-44 |
Other Financing Activities, Net |
|
3.00 |
4.00 |
4.00 |
-2.00 |
3.00 |
3.00 |
6.00 |
- |
4.00 |
2.00 |
5.00 |
Annual Balance Sheets for F.N.B.
This table presents F.N.B.'s assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
17,558 |
21,845 |
31,418 |
33,102 |
34,615 |
37,354 |
39,513 |
43,725 |
46,158 |
48,625 |
Cash and Due from Banks |
|
207 |
304 |
408 |
451 |
407 |
369 |
337 |
443 |
447 |
416 |
Interest Bearing Deposits at Other Banks |
|
282 |
68 |
71 |
37 |
192 |
1,014 |
3,156 |
1,231 |
1,129 |
2,003 |
Trading Account Securities |
|
3,268 |
4,581 |
6,100 |
6,617 |
6,564 |
6,331 |
3,426 |
7,362 |
7,165 |
7,445 |
Loans and Leases, Net of Allowance |
|
12,048 |
14,739 |
20,824 |
21,973 |
23,093 |
25,096 |
24,624 |
29,853 |
31,917 |
33,516 |
Loans and Leases |
|
12,190 |
14,897 |
20,999 |
22,153 |
23,289 |
25,459 |
24,968 |
30,255 |
32,323 |
33,939 |
Allowance for Loan and Lease Losses |
|
142 |
158 |
175 |
180 |
196 |
363 |
344 |
402 |
406 |
423 |
Premises and Equipment, Net |
|
159 |
244 |
337 |
330 |
333 |
332 |
345 |
432 |
461 |
536 |
Goodwill |
|
833 |
1,032 |
2,249 |
2,255 |
2,262 |
2,262 |
2,262 |
2,477 |
2,477 |
2,478 |
Intangible Assets |
|
46 |
54 |
92 |
79 |
67 |
54 |
42 |
89 |
69 |
51 |
Other Assets |
|
710 |
823 |
1,337 |
1,360 |
1,646 |
1,742 |
29,650 |
1,714 |
2,005 |
1,962 |
Total Liabilities & Shareholders' Equity |
|
17,558 |
21,845 |
31,418 |
33,102 |
34,615 |
37,354 |
39,513 |
43,725 |
46,158 |
48,625 |
Total Liabilities |
|
15,461 |
19,273 |
27,009 |
28,494 |
29,732 |
32,395 |
34,363 |
38,072 |
40,108 |
42,323 |
Non-Interest Bearing Deposits |
|
3,060 |
4,205 |
5,720 |
6,000 |
6,384 |
9,042 |
10,789 |
11,916 |
10,222 |
9,761 |
Interest Bearing Deposits |
|
9,564 |
11,860 |
16,680 |
17,455 |
18,402 |
20,080 |
20,937 |
22,854 |
24,489 |
27,346 |
Short-Term Debt |
|
2,049 |
2,503 |
3,679 |
4,129 |
3,216 |
1,804 |
1,536 |
1,372 |
2,506 |
1,256 |
Long-Term Debt |
|
641 |
539 |
668 |
627 |
1,340 |
1,095 |
682 |
1,093 |
1,971 |
3,012 |
Other Long-Term Liabilities |
|
148 |
165 |
262 |
283 |
390 |
374 |
419 |
837 |
920 |
948 |
Total Equity & Noncontrolling Interests |
|
2,096 |
2,572 |
4,409 |
4,608 |
4,883 |
4,959 |
5,150 |
5,653 |
6,050 |
6,302 |
Total Preferred & Common Equity |
|
2,096 |
2,572 |
4,409 |
4,608 |
4,883 |
4,959 |
5,150 |
5,653 |
6,050 |
6,302 |
Preferred Stock |
|
107 |
107 |
107 |
107 |
107 |
107 |
107 |
107 |
107 |
0.00 |
Total Common Equity |
|
1,989 |
2,465 |
4,302 |
4,501 |
4,776 |
4,852 |
5,043 |
5,546 |
5,943 |
6,302 |
Common Stock |
|
1,810 |
2,236 |
4,036 |
4,052 |
4,070 |
4,090 |
4,112 |
4,700 |
4,696 |
4,699 |
Retained Earnings |
|
243 |
304 |
368 |
576 |
798 |
869 |
1,110 |
1,370 |
1,669 |
1,952 |
Treasury Stock |
|
-13 |
-15 |
-19 |
-21 |
-27 |
-68 |
-117 |
-167 |
-187 |
-180 |
Accumulated Other Comprehensive Income / (Loss) |
|
-51 |
-61 |
-83 |
-106 |
-65 |
-39 |
-62 |
-357 |
-235 |
-169 |
Quarterly Balance Sheets for F.N.B.
This table presents F.N.B.'s assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Total Assets |
|
42,590 |
44,146 |
44,778 |
45,496 |
45,896 |
47,715 |
47,976 |
49,020 |
Cash and Due from Banks |
|
458 |
445 |
449 |
409 |
351 |
448 |
596 |
524 |
Interest Bearing Deposits at Other Banks |
|
1,818 |
1,278 |
1,255 |
1,228 |
1,136 |
1,432 |
1,482 |
1,921 |
Trading Account Securities |
|
7,212 |
3,201 |
7,165 |
7,067 |
7,119 |
7,257 |
7,314 |
7,506 |
Loans and Leases, Net of Allowance |
|
28,395 |
30,270 |
30,941 |
31,750 |
32,178 |
33,338 |
33,297 |
33,806 |
Loans and Leases |
|
28,780 |
30,673 |
31,354 |
32,151 |
32,584 |
33,757 |
33,717 |
34,235 |
Allowance for Loan and Lease Losses |
|
385 |
403 |
413 |
401 |
406 |
419 |
420 |
429 |
Premises and Equipment, Net |
|
421 |
452 |
465 |
460 |
474 |
489 |
505 |
539 |
Goodwill |
|
2,435 |
2,477 |
2,477 |
2,477 |
2,477 |
2,477 |
2,478 |
2,478 |
Intangible Assets |
|
52 |
84 |
79 |
74 |
65 |
60 |
56 |
48 |
Other Assets |
|
1,650 |
36,109 |
1,853 |
1,921 |
1,989 |
2,082 |
2,055 |
2,008 |
Total Liabilities & Shareholders' Equity |
|
42,590 |
44,146 |
44,778 |
45,496 |
45,896 |
47,715 |
47,976 |
49,020 |
Total Liabilities |
|
37,184 |
38,358 |
38,960 |
39,602 |
39,890 |
41,625 |
41,727 |
42,602 |
Non-Interest Bearing Deposits |
|
11,752 |
11,297 |
10,914 |
10,704 |
9,982 |
10,062 |
9,870 |
9,867 |
Interest Bearing Deposits |
|
22,141 |
22,893 |
22,911 |
23,911 |
24,753 |
24,932 |
26,901 |
27,372 |
Short-Term Debt |
|
1,395 |
2,149 |
2,391 |
2,066 |
2,074 |
3,616 |
1,562 |
1,969 |
Long-Term Debt |
|
1,059 |
1,298 |
1,981 |
1,968 |
2,121 |
2,016 |
2,515 |
2,514 |
Other Long-Term Liabilities |
|
837 |
721 |
763 |
953 |
960 |
999 |
879 |
880 |
Total Equity & Noncontrolling Interests |
|
5,406 |
5,788 |
5,818 |
5,894 |
6,006 |
6,090 |
6,249 |
6,418 |
Total Preferred & Common Equity |
|
5,406 |
5,788 |
5,818 |
5,894 |
6,006 |
6,090 |
6,249 |
6,418 |
Total Common Equity |
|
5,299 |
5,681 |
5,711 |
5,787 |
6,006 |
6,090 |
6,249 |
6,418 |
Common Stock |
|
4,569 |
4,697 |
4,690 |
4,693 |
4,698 |
4,694 |
4,697 |
4,700 |
Retained Earnings |
|
1,275 |
1,471 |
1,564 |
1,664 |
1,740 |
1,820 |
1,886 |
2,025 |
Treasury Stock |
|
-167 |
-172 |
-188 |
-188 |
-182 |
-181 |
-180 |
-186 |
Accumulated Other Comprehensive Income / (Loss) |
|
-378 |
-315 |
-355 |
-382 |
-250 |
-243 |
-154 |
-121 |
Annual Metrics And Ratios for F.N.B.
This table displays calculated financial ratios and metrics derived from F.N.B.'s official financial filings.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
5.77% |
23.06% |
35.06% |
10.02% |
0.25% |
0.41% |
1.73% |
16.65% |
8.87% |
1.59% |
EBITDA Growth |
|
10.86% |
12.21% |
44.95% |
26.07% |
-8.02% |
-34.11% |
50.88% |
22.03% |
5.78% |
-6.04% |
EBIT Growth |
|
11.12% |
7.12% |
44.72% |
26.97% |
4.20% |
-27.18% |
46.65% |
9.94% |
5.64% |
-4.96% |
NOPAT Growth |
|
10.83% |
7.11% |
16.37% |
87.44% |
3.75% |
-26.10% |
41.61% |
8.40% |
10.48% |
-4.12% |
Net Income Growth |
|
10.83% |
7.11% |
16.37% |
87.44% |
3.75% |
-26.10% |
41.61% |
8.40% |
10.48% |
-4.12% |
EPS Growth |
|
7.50% |
-9.30% |
-19.23% |
77.78% |
3.57% |
-26.72% |
44.71% |
-0.81% |
7.38% |
-3.05% |
Operating Cash Flow Growth |
|
-49.98% |
31.11% |
-4.78% |
119.00% |
-57.61% |
-56.37% |
369.03% |
129.81% |
-65.27% |
51.77% |
Free Cash Flow Firm Growth |
|
98.18% |
-2,837.38% |
-348.22% |
92.01% |
232.77% |
498.40% |
-52.06% |
-134.75% |
-518.65% |
121.93% |
Invested Capital Growth |
|
3.95% |
17.29% |
55.96% |
6.94% |
0.80% |
-16.75% |
-6.24% |
10.18% |
29.67% |
0.41% |
Revenue Q/Q Growth |
|
1.12% |
5.12% |
8.30% |
0.48% |
0.00% |
0.16% |
0.08% |
8.41% |
-4.67% |
2.24% |
EBITDA Q/Q Growth |
|
0.57% |
7.09% |
12.92% |
0.31% |
-2.64% |
-13.04% |
12.50% |
10.80% |
-15.27% |
7.78% |
EBIT Q/Q Growth |
|
0.05% |
7.38% |
12.02% |
0.75% |
0.21% |
-8.29% |
8.17% |
10.60% |
-16.72% |
8.59% |
NOPAT Q/Q Growth |
|
-0.11% |
7.74% |
-12.13% |
25.62% |
-1.28% |
-7.44% |
7.14% |
10.03% |
-15.36% |
14.53% |
Net Income Q/Q Growth |
|
-0.11% |
7.74% |
-12.13% |
25.62% |
-1.28% |
-7.44% |
7.14% |
10.03% |
-15.36% |
14.53% |
EPS Q/Q Growth |
|
0.00% |
4.00% |
-18.18% |
23.08% |
-1.69% |
-7.61% |
7.89% |
7.96% |
-17.09% |
17.59% |
Operating Cash Flow Q/Q Growth |
|
-11.74% |
28.23% |
22.15% |
-8.90% |
12.12% |
175.61% |
-8.30% |
2.61% |
-31.77% |
116.89% |
Free Cash Flow Firm Q/Q Growth |
|
-105.84% |
49.91% |
12.06% |
-154.32% |
486.58% |
36.68% |
-16.98% |
-461.63% |
-28.70% |
5,175.00% |
Invested Capital Q/Q Growth |
|
21.96% |
4.08% |
-2.35% |
6.03% |
1.45% |
-4.72% |
-2.37% |
3.28% |
6.03% |
2.36% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
41.41% |
37.76% |
40.53% |
46.44% |
42.61% |
27.96% |
41.47% |
43.38% |
42.15% |
38.99% |
EBIT Margin |
|
34.76% |
30.26% |
32.42% |
37.42% |
38.89% |
28.21% |
40.66% |
38.32% |
37.19% |
34.79% |
Profit (Net Income) Margin |
|
24.17% |
21.03% |
18.12% |
30.88% |
31.96% |
23.52% |
32.74% |
30.42% |
30.87% |
29.14% |
Tax Burden Percent |
|
69.52% |
69.51% |
55.90% |
82.52% |
82.17% |
83.38% |
80.52% |
79.39% |
83.05% |
83.78% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
99.97% |
99.96% |
Effective Tax Rate |
|
30.48% |
30.49% |
44.10% |
17.48% |
17.83% |
16.62% |
19.48% |
20.61% |
16.95% |
16.22% |
Return on Invested Capital (ROIC) |
|
3.40% |
3.29% |
2.77% |
4.12% |
4.12% |
3.31% |
5.32% |
5.67% |
5.20% |
4.41% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
3.40% |
3.29% |
2.77% |
4.12% |
4.12% |
3.31% |
5.32% |
5.67% |
5.20% |
4.41% |
Return on Net Nonoperating Assets (RNNOA) |
|
4.35% |
4.04% |
2.93% |
4.16% |
4.04% |
2.50% |
2.69% |
2.46% |
3.09% |
3.12% |
Return on Equity (ROE) |
|
7.75% |
7.33% |
5.70% |
8.27% |
8.16% |
5.81% |
8.01% |
8.13% |
8.29% |
7.53% |
Cash Return on Invested Capital (CROIC) |
|
-0.48% |
-12.63% |
-40.96% |
-2.59% |
3.32% |
21.59% |
11.76% |
-4.02% |
-20.64% |
4.00% |
Operating Return on Assets (OROA) |
|
1.36% |
1.25% |
1.34% |
1.40% |
1.39% |
0.95% |
1.31% |
1.33% |
1.30% |
1.17% |
Return on Assets (ROA) |
|
0.95% |
0.87% |
0.75% |
1.16% |
1.14% |
0.79% |
1.05% |
1.05% |
1.08% |
0.98% |
Return on Common Equity (ROCE) |
|
7.35% |
6.99% |
5.53% |
8.08% |
7.97% |
5.69% |
7.84% |
7.97% |
8.14% |
7.46% |
Return on Equity Simple (ROE_SIMPLE) |
|
7.62% |
6.65% |
4.51% |
8.09% |
7.93% |
5.77% |
7.86% |
7.77% |
8.02% |
7.38% |
Net Operating Profit after Tax (NOPAT) |
|
160 |
171 |
199 |
373 |
387 |
286 |
405 |
439 |
485 |
465 |
NOPAT Margin |
|
24.17% |
21.03% |
18.12% |
30.88% |
31.96% |
23.52% |
32.74% |
30.42% |
30.87% |
29.14% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
41.78% |
39.11% |
39.16% |
40.15% |
42.03% |
45.72% |
45.27% |
40.61% |
40.74% |
43.99% |
Operating Expenses to Revenue |
|
59.12% |
62.85% |
62.02% |
57.53% |
57.47% |
61.68% |
59.26% |
57.24% |
58.24% |
60.21% |
Earnings before Interest and Taxes (EBIT) |
|
230 |
246 |
356 |
452 |
471 |
343 |
503 |
553 |
584 |
555 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
274 |
307 |
445 |
561 |
516 |
340 |
513 |
626 |
662 |
622 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.81 |
0.98 |
0.79 |
0.56 |
0.71 |
0.55 |
0.70 |
0.77 |
0.80 |
0.84 |
Price to Tangible Book Value (P/TBV) |
|
1.45 |
1.75 |
1.74 |
1.17 |
1.39 |
1.06 |
1.28 |
1.43 |
1.41 |
1.41 |
Price to Revenue (P/Rev) |
|
2.44 |
2.96 |
3.11 |
2.09 |
2.81 |
2.20 |
2.84 |
2.95 |
3.04 |
3.33 |
Price to Earnings (P/E) |
|
10.62 |
14.78 |
17.87 |
6.93 |
8.99 |
9.64 |
8.86 |
9.88 |
10.02 |
11.58 |
Dividend Yield |
|
5.23% |
4.19% |
8.84% |
6.16% |
4.58% |
5.78% |
4.35% |
3.96% |
3.60% |
3.25% |
Earnings Yield |
|
9.41% |
6.77% |
5.60% |
14.44% |
11.13% |
10.38% |
11.29% |
10.12% |
9.98% |
8.64% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.82 |
0.92 |
0.84 |
0.74 |
0.79 |
0.55 |
0.32 |
0.64 |
0.74 |
0.68 |
Enterprise Value to Revenue (EV/Rev) |
|
5.93 |
6.38 |
6.73 |
5.71 |
6.17 |
3.54 |
1.90 |
3.57 |
4.96 |
4.49 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
14.32 |
16.90 |
16.60 |
12.30 |
14.48 |
12.65 |
4.58 |
8.24 |
11.76 |
11.51 |
Enterprise Value to EBIT (EV/EBIT) |
|
17.07 |
21.08 |
20.75 |
15.27 |
15.86 |
12.54 |
4.67 |
9.32 |
13.33 |
12.90 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
24.55 |
30.33 |
37.13 |
18.51 |
19.30 |
15.04 |
5.80 |
11.74 |
16.06 |
15.41 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
17.54 |
17.70 |
26.48 |
11.30 |
28.84 |
38.07 |
4.43 |
4.23 |
18.41 |
11.16 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
23.94 |
2.30 |
2.62 |
0.00 |
0.00 |
16.98 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
1.28 |
1.18 |
0.99 |
1.03 |
0.93 |
0.58 |
0.43 |
0.44 |
0.74 |
0.68 |
Long-Term Debt to Equity |
|
0.31 |
0.21 |
0.15 |
0.14 |
0.27 |
0.22 |
0.13 |
0.19 |
0.33 |
0.48 |
Financial Leverage |
|
1.28 |
1.23 |
1.06 |
1.01 |
0.98 |
0.76 |
0.51 |
0.43 |
0.59 |
0.71 |
Leverage Ratio |
|
8.18 |
8.44 |
7.63 |
7.16 |
7.13 |
7.31 |
7.60 |
7.71 |
7.68 |
7.67 |
Compound Leverage Factor |
|
8.18 |
8.44 |
7.63 |
7.16 |
7.13 |
7.31 |
7.60 |
7.71 |
7.68 |
7.67 |
Debt to Total Capital |
|
56.21% |
54.19% |
49.65% |
50.79% |
48.27% |
36.89% |
30.10% |
30.36% |
42.53% |
40.38% |
Short-Term Debt to Total Capital |
|
42.81% |
44.58% |
42.02% |
44.09% |
34.07% |
22.96% |
20.85% |
16.90% |
23.81% |
11.88% |
Long-Term Debt to Total Capital |
|
13.40% |
9.61% |
7.63% |
6.70% |
14.20% |
13.93% |
9.26% |
13.46% |
18.72% |
28.50% |
Preferred Equity to Total Capital |
|
2.23% |
1.90% |
1.22% |
1.14% |
1.13% |
1.36% |
1.45% |
1.32% |
1.02% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
41.56% |
43.90% |
49.13% |
48.07% |
50.60% |
61.75% |
68.44% |
68.32% |
56.45% |
59.62% |
Debt to EBITDA |
|
9.83 |
9.91 |
9.77 |
8.48 |
8.83 |
8.53 |
4.32 |
3.94 |
6.76 |
6.86 |
Net Debt to EBITDA |
|
8.05 |
8.70 |
8.69 |
7.61 |
7.67 |
4.46 |
-2.49 |
1.26 |
4.38 |
2.97 |
Long-Term Debt to EBITDA |
|
2.34 |
1.76 |
1.50 |
1.12 |
2.60 |
3.22 |
1.33 |
1.75 |
2.98 |
4.84 |
Debt to NOPAT |
|
16.85 |
17.79 |
21.84 |
12.75 |
11.77 |
10.14 |
5.48 |
5.62 |
9.23 |
9.18 |
Net Debt to NOPAT |
|
13.79 |
15.62 |
19.44 |
11.44 |
10.22 |
5.30 |
-3.15 |
1.80 |
5.98 |
3.98 |
Long-Term Debt to NOPAT |
|
4.02 |
3.15 |
3.36 |
1.68 |
3.46 |
3.83 |
1.68 |
2.49 |
4.06 |
6.48 |
Noncontrolling Interest Sharing Ratio |
|
5.19% |
4.58% |
3.06% |
2.37% |
2.25% |
2.17% |
2.12% |
1.98% |
1.83% |
0.87% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-22 |
-657 |
-2,943 |
-235 |
312 |
1,867 |
895 |
-311 |
-1,924 |
422 |
Operating Cash Flow to CapEx |
|
2,298.47% |
488.33% |
489.47% |
1,745.71% |
563.04% |
4.27% |
0.00% |
1,282.11% |
480.68% |
28.51% |
Free Cash Flow to Firm to Interest Expense |
|
-0.46 |
-9.80 |
-21.96 |
-0.99 |
0.95 |
8.98 |
9.13 |
-1.88 |
-2.93 |
0.43 |
Operating Cash Flow to Interest Expense |
|
4.60 |
4.37 |
2.08 |
2.57 |
0.78 |
0.54 |
5.41 |
7.38 |
0.64 |
0.66 |
Operating Cash Flow Less CapEx to Interest Expense |
|
4.40 |
3.48 |
1.66 |
2.42 |
0.65 |
-12.17 |
10.51 |
6.81 |
0.51 |
-1.66 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.03 |
0.03 |
0.03 |
0.04 |
0.03 |
Fixed Asset Turnover |
|
4.03 |
4.03 |
3.78 |
3.62 |
3.65 |
3.66 |
3.65 |
3.71 |
3.52 |
3.20 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
4,787 |
5,614 |
8,756 |
9,364 |
9,439 |
7,858 |
7,368 |
8,118 |
10,527 |
10,570 |
Invested Capital Turnover |
|
0.14 |
0.16 |
0.15 |
0.13 |
0.13 |
0.14 |
0.16 |
0.19 |
0.17 |
0.15 |
Increase / (Decrease) in Invested Capital |
|
182 |
828 |
3,142 |
608 |
75 |
-1,581 |
-490 |
750 |
2,409 |
43 |
Enterprise Value (EV) |
|
3,919 |
5,187 |
7,388 |
6,903 |
7,471 |
4,302 |
2,349 |
5,155 |
7,788 |
7,164 |
Market Capitalization |
|
1,611 |
2,409 |
3,413 |
2,528 |
3,407 |
2,679 |
3,517 |
4,257 |
4,780 |
5,315 |
Book Value per Share |
|
$11.34 |
$11.71 |
$13.31 |
$13.88 |
$14.70 |
$15.04 |
$15.81 |
$15.81 |
$16.56 |
$17.53 |
Tangible Book Value per Share |
|
$6.33 |
$6.55 |
$6.07 |
$6.68 |
$7.53 |
$7.86 |
$8.59 |
$8.50 |
$9.47 |
$10.49 |
Total Capital |
|
4,787 |
5,614 |
8,756 |
9,364 |
9,439 |
7,858 |
7,368 |
8,118 |
10,527 |
10,570 |
Total Debt |
|
2,690 |
3,043 |
4,347 |
4,756 |
4,556 |
2,899 |
2,218 |
2,465 |
4,477 |
4,268 |
Total Long-Term Debt |
|
641 |
539 |
668 |
627 |
1,340 |
1,095 |
682 |
1,093 |
1,971 |
3,012 |
Net Debt |
|
2,201 |
2,671 |
3,868 |
4,268 |
3,957 |
1,516 |
-1,275 |
791 |
2,901 |
1,849 |
Capital Expenditures (CapEx) |
|
9.72 |
60 |
57 |
35 |
46 |
2,645 |
-500 |
95 |
88 |
2,252 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
2,690 |
3,043 |
4,347 |
4,756 |
4,556 |
2,899 |
2,218 |
2,465 |
4,477 |
4,268 |
Total Depreciation and Amortization (D&A) |
|
44 |
61 |
89 |
109 |
45 |
-3.00 |
10 |
73 |
78 |
67 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.87 |
$0.79 |
$0.63 |
$1.13 |
$1.17 |
$0.86 |
$1.24 |
$1.23 |
$1.32 |
$1.27 |
Adjusted Weighted Average Basic Shares Outstanding |
|
209.45M |
211.10M |
323.52M |
324.49M |
325.02M |
321.52M |
353.10M |
360.63M |
358.95M |
359.72M |
Adjusted Diluted Earnings per Share |
|
$0.86 |
$0.78 |
$0.63 |
$1.12 |
$1.16 |
$0.85 |
$1.23 |
$1.22 |
$1.31 |
$1.27 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
209.45M |
211.10M |
323.52M |
324.49M |
325.02M |
321.52M |
353.10M |
360.63M |
358.95M |
359.72M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
209.45M |
211.10M |
323.52M |
324.49M |
325.02M |
321.52M |
353.10M |
360.63M |
358.95M |
359.72M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
162 |
197 |
231 |
373 |
387 |
286 |
407 |
439 |
485 |
465 |
Normalized NOPAT Margin |
|
24.49% |
24.20% |
21.03% |
30.88% |
31.96% |
23.52% |
32.87% |
30.42% |
30.87% |
29.14% |
Pre Tax Income Margin |
|
34.76% |
30.26% |
32.42% |
37.42% |
38.89% |
28.21% |
40.66% |
38.32% |
37.17% |
34.77% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
4.73 |
3.67 |
2.66 |
1.90 |
1.43 |
1.65 |
5.13 |
3.35 |
0.89 |
0.57 |
NOPAT to Interest Expense |
|
3.29 |
2.55 |
1.49 |
1.57 |
1.17 |
1.38 |
4.13 |
2.66 |
0.74 |
0.48 |
EBIT Less CapEx to Interest Expense |
|
4.53 |
2.78 |
2.23 |
1.75 |
1.29 |
-11.07 |
10.23 |
2.78 |
0.76 |
-1.75 |
NOPAT Less CapEx to Interest Expense |
|
3.09 |
1.66 |
1.06 |
1.42 |
1.03 |
-11.34 |
9.23 |
2.08 |
0.61 |
-1.84 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
57.97% |
64.33% |
75.88% |
44.24% |
42.64% |
57.69% |
40.49% |
40.77% |
37.53% |
38.06% |
Augmented Payout Ratio |
|
57.97% |
64.33% |
75.88% |
44.24% |
42.64% |
70.98% |
51.11% |
50.57% |
44.95% |
38.71% |
Quarterly Metrics And Ratios for F.N.B.
This table displays calculated financial ratios and metrics derived from F.N.B.'s official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
18.75% |
36.96% |
33.33% |
22.02% |
7.11% |
-18.55% |
-2.16% |
-1.46% |
1.23% |
10.36% |
0.98% |
EBITDA Growth |
|
42.22% |
45.52% |
147.56% |
27.71% |
-4.69% |
-61.18% |
-16.26% |
-12.82% |
-14.21% |
59.05% |
-2.35% |
EBIT Growth |
|
25.36% |
43.09% |
171.64% |
31.02% |
-5.20% |
-66.65% |
-14.29% |
-12.65% |
-14.63% |
74.45% |
-5.13% |
NOPAT Growth |
|
24.32% |
40.40% |
177.36% |
30.28% |
5.07% |
-63.31% |
-17.01% |
-13.38% |
-24.14% |
115.69% |
-4.10% |
Net Income Growth |
|
24.32% |
40.40% |
177.36% |
30.28% |
5.07% |
-63.31% |
-17.01% |
-13.38% |
-24.14% |
115.69% |
-4.10% |
EPS Growth |
|
11.76% |
30.00% |
166.67% |
30.00% |
5.26% |
-69.23% |
-20.00% |
-12.82% |
-25.00% |
158.33% |
0.00% |
Operating Cash Flow Growth |
|
315.48% |
21.23% |
-94.69% |
-61.08% |
-15.76% |
-111.30% |
1,189.47% |
-34.62% |
-104.76% |
1,730.00% |
-73.88% |
Free Cash Flow Firm Growth |
|
-121.58% |
-203.74% |
-762.72% |
-1,830.34% |
-998.86% |
-285.92% |
44.14% |
43.84% |
85.02% |
102.84% |
30.92% |
Invested Capital Growth |
|
4.15% |
10.18% |
21.88% |
35.16% |
26.31% |
29.67% |
10.46% |
15.03% |
4.01% |
0.41% |
6.86% |
Revenue Q/Q Growth |
|
13.10% |
9.21% |
0.24% |
-1.44% |
-0.73% |
-16.95% |
20.41% |
-0.74% |
1.98% |
-9.47% |
10.19% |
EBITDA Q/Q Growth |
|
22.29% |
1.56% |
4.10% |
-1.23% |
-8.73% |
-58.63% |
125.17% |
2.82% |
-10.18% |
-23.31% |
37.87% |
EBIT Q/Q Growth |
|
26.28% |
1.73% |
3.41% |
-1.37% |
-8.64% |
-64.21% |
166.67% |
0.51% |
-10.71% |
-26.86% |
44.53% |
NOPAT Q/Q Growth |
|
26.61% |
0.72% |
5.76% |
-3.40% |
2.11% |
-64.83% |
139.22% |
0.82% |
-10.57% |
0.00% |
6.36% |
Net Income Q/Q Growth |
|
26.61% |
0.72% |
5.76% |
-3.40% |
2.11% |
-64.83% |
139.22% |
0.82% |
-10.57% |
0.00% |
6.36% |
EPS Q/Q Growth |
|
26.67% |
2.63% |
2.56% |
-2.50% |
2.56% |
-70.00% |
166.67% |
6.25% |
-11.76% |
3.33% |
3.23% |
Operating Cash Flow Q/Q Growth |
|
4.49% |
-49.28% |
-89.27% |
584.21% |
126.15% |
-106.80% |
1,325.00% |
-65.31% |
-116.47% |
2,428.57% |
-80.37% |
Free Cash Flow Firm Q/Q Growth |
|
-220.69% |
-249.14% |
-147.30% |
-66.05% |
23.36% |
-22.62% |
64.21% |
-66.94% |
79.56% |
123.26% |
-970.15% |
Invested Capital Q/Q Growth |
|
4.26% |
3.28% |
13.76% |
10.34% |
-2.57% |
6.03% |
-3.10% |
14.91% |
-11.91% |
2.36% |
3.13% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
50.53% |
46.99% |
48.80% |
48.90% |
44.96% |
22.40% |
41.77% |
43.27% |
38.11% |
32.28% |
40.39% |
EBIT Margin |
|
45.53% |
42.41% |
43.75% |
43.78% |
40.29% |
17.37% |
38.33% |
38.81% |
33.98% |
27.45% |
36.01% |
Profit (Net Income) Margin |
|
36.32% |
33.49% |
35.34% |
34.63% |
35.63% |
15.09% |
29.98% |
30.45% |
26.70% |
29.49% |
28.47% |
Tax Burden Percent |
|
79.77% |
78.98% |
80.77% |
79.33% |
88.41% |
86.44% |
78.21% |
78.34% |
78.57% |
107.84% |
79.05% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
99.72% |
100.00% |
100.51% |
100.00% |
100.13% |
100.00% |
99.61% |
100.00% |
Effective Tax Rate |
|
20.23% |
21.02% |
19.23% |
20.67% |
11.59% |
13.56% |
21.79% |
21.66% |
21.43% |
-7.84% |
20.95% |
Return on Invested Capital (ROIC) |
|
6.27% |
6.24% |
6.50% |
6.33% |
6.60% |
2.54% |
4.82% |
4.32% |
4.12% |
4.46% |
4.32% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
6.27% |
6.24% |
6.50% |
6.33% |
6.60% |
2.54% |
4.82% |
4.32% |
4.12% |
4.46% |
4.32% |
Return on Net Nonoperating Assets (RNNOA) |
|
2.93% |
2.71% |
3.24% |
3.64% |
3.79% |
1.51% |
3.12% |
3.63% |
2.75% |
3.16% |
3.02% |
Return on Equity (ROE) |
|
9.20% |
8.95% |
9.74% |
9.98% |
10.39% |
4.05% |
7.94% |
7.96% |
6.86% |
7.62% |
7.33% |
Cash Return on Invested Capital (CROIC) |
|
1.12% |
-4.02% |
-13.38% |
-23.52% |
-16.81% |
-20.64% |
-5.21% |
-9.96% |
0.08% |
4.00% |
-2.27% |
Operating Return on Assets (OROA) |
|
1.48% |
1.47% |
1.57% |
1.64% |
1.51% |
0.61% |
1.33% |
1.31% |
1.14% |
0.92% |
1.21% |
Return on Assets (ROA) |
|
1.18% |
1.16% |
1.27% |
1.30% |
1.33% |
0.53% |
1.04% |
1.02% |
0.89% |
0.99% |
0.96% |
Return on Common Equity (ROCE) |
|
9.02% |
8.77% |
9.55% |
9.79% |
10.19% |
3.98% |
7.87% |
7.89% |
6.80% |
7.55% |
7.33% |
Return on Equity Simple (ROE_SIMPLE) |
|
7.38% |
0.00% |
9.21% |
9.73% |
9.72% |
0.00% |
7.66% |
7.24% |
6.50% |
0.00% |
7.17% |
Net Operating Profit after Tax (NOPAT) |
|
138 |
139 |
147 |
142 |
145 |
51 |
122 |
123 |
110 |
110 |
117 |
NOPAT Margin |
|
36.32% |
33.49% |
35.34% |
34.63% |
35.63% |
15.09% |
29.98% |
30.45% |
26.70% |
29.49% |
28.47% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
38.42% |
35.18% |
39.18% |
38.05% |
39.56% |
47.34% |
43.73% |
41.58% |
43.20% |
47.72% |
45.26% |
Operating Expenses to Revenue |
|
51.32% |
50.84% |
52.88% |
51.71% |
53.56% |
78.40% |
58.23% |
56.19% |
60.44% |
66.49% |
59.85% |
Earnings before Interest and Taxes (EBIT) |
|
173 |
176 |
182 |
180 |
164 |
59 |
156 |
157 |
140 |
102 |
148 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
192 |
195 |
203 |
201 |
183 |
76 |
170 |
175 |
157 |
120 |
166 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.72 |
0.77 |
0.70 |
0.70 |
0.65 |
0.80 |
0.83 |
0.81 |
0.81 |
0.84 |
0.75 |
Price to Tangible Book Value (P/TBV) |
|
1.35 |
1.43 |
1.28 |
1.26 |
1.15 |
1.41 |
1.45 |
1.39 |
1.37 |
1.41 |
1.24 |
Price to Revenue (P/Rev) |
|
2.86 |
2.95 |
2.58 |
2.45 |
2.27 |
3.04 |
3.21 |
3.16 |
3.25 |
3.33 |
3.02 |
Price to Earnings (P/E) |
|
20.93 |
9.88 |
7.59 |
7.13 |
6.61 |
10.02 |
11.19 |
11.42 |
12.75 |
11.58 |
10.52 |
Dividend Yield |
|
4.42% |
3.96% |
4.35% |
4.36% |
4.61% |
3.60% |
3.44% |
3.51% |
3.40% |
3.25% |
3.57% |
Earnings Yield |
|
4.78% |
10.12% |
13.18% |
14.03% |
15.13% |
9.98% |
8.93% |
8.76% |
7.84% |
8.64% |
9.51% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.52 |
0.64 |
0.63 |
0.66 |
0.63 |
0.74 |
0.76 |
0.74 |
0.68 |
0.68 |
0.63 |
Enterprise Value to Revenue (EV/Rev) |
|
3.08 |
3.57 |
3.76 |
4.17 |
3.79 |
4.96 |
4.94 |
5.57 |
4.53 |
4.49 |
4.30 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
7.25 |
8.24 |
7.78 |
8.54 |
7.98 |
11.76 |
12.28 |
14.38 |
12.25 |
11.51 |
11.12 |
Enterprise Value to EBIT (EV/EBIT) |
|
8.19 |
9.32 |
8.70 |
9.50 |
8.89 |
13.33 |
13.84 |
16.20 |
13.83 |
12.90 |
12.57 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
10.26 |
11.74 |
10.91 |
11.93 |
10.89 |
16.06 |
16.79 |
19.67 |
17.42 |
15.41 |
14.95 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
3.45 |
4.23 |
6.61 |
10.00 |
10.06 |
18.41 |
11.90 |
14.36 |
23.89 |
11.16 |
14.92 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
47.60 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
884.07 |
16.98 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.45 |
0.44 |
0.60 |
0.75 |
0.68 |
0.74 |
0.70 |
0.92 |
0.65 |
0.68 |
0.70 |
Long-Term Debt to Equity |
|
0.20 |
0.19 |
0.22 |
0.34 |
0.33 |
0.33 |
0.35 |
0.33 |
0.40 |
0.48 |
0.39 |
Financial Leverage |
|
0.47 |
0.43 |
0.50 |
0.58 |
0.57 |
0.59 |
0.65 |
0.84 |
0.67 |
0.71 |
0.70 |
Leverage Ratio |
|
7.80 |
7.71 |
7.68 |
7.68 |
7.80 |
7.68 |
7.63 |
7.77 |
7.70 |
7.67 |
7.64 |
Compound Leverage Factor |
|
7.80 |
7.71 |
7.68 |
7.66 |
7.80 |
7.72 |
7.63 |
7.78 |
7.70 |
7.64 |
7.64 |
Debt to Total Capital |
|
31.22% |
30.36% |
37.33% |
42.90% |
40.63% |
42.53% |
41.12% |
48.05% |
39.48% |
40.38% |
41.12% |
Short-Term Debt to Total Capital |
|
17.75% |
16.90% |
23.27% |
23.46% |
20.81% |
23.81% |
20.33% |
30.85% |
15.13% |
11.88% |
18.06% |
Long-Term Debt to Total Capital |
|
13.47% |
13.46% |
14.06% |
19.44% |
19.82% |
18.72% |
20.79% |
17.20% |
24.36% |
28.50% |
23.06% |
Preferred Equity to Total Capital |
|
1.36% |
1.32% |
1.16% |
1.05% |
1.08% |
1.02% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
67.42% |
68.32% |
61.52% |
56.05% |
58.29% |
56.45% |
58.88% |
51.95% |
60.52% |
59.62% |
58.88% |
Debt to EBITDA |
|
4.34 |
3.94 |
4.61 |
5.53 |
5.16 |
6.76 |
6.67 |
9.34 |
7.06 |
6.86 |
7.25 |
Net Debt to EBITDA |
|
0.32 |
1.26 |
2.31 |
3.38 |
3.07 |
4.38 |
4.31 |
6.22 |
3.46 |
2.97 |
3.30 |
Long-Term Debt to EBITDA |
|
1.87 |
1.75 |
1.74 |
2.51 |
2.52 |
2.98 |
3.37 |
3.34 |
4.36 |
4.84 |
4.07 |
Debt to NOPAT |
|
6.15 |
5.62 |
6.47 |
7.72 |
7.04 |
9.23 |
9.12 |
12.77 |
10.04 |
9.18 |
9.75 |
Net Debt to NOPAT |
|
0.45 |
1.80 |
3.23 |
4.71 |
4.18 |
5.98 |
5.89 |
8.51 |
4.92 |
3.98 |
4.43 |
Long-Term Debt to NOPAT |
|
2.65 |
2.49 |
2.44 |
3.50 |
3.43 |
4.06 |
4.61 |
4.57 |
6.19 |
6.48 |
5.47 |
Noncontrolling Interest Sharing Ratio |
|
2.04% |
1.98% |
1.91% |
1.90% |
1.89% |
1.83% |
0.91% |
0.90% |
0.88% |
0.87% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-175 |
-611 |
-1,511 |
-2,509 |
-1,923 |
-2,358 |
-844 |
-1,409 |
-288 |
67 |
-583 |
Operating Cash Flow to CapEx |
|
1,246.43% |
1,041.18% |
4.24% |
18.47% |
2,672.73% |
-117.65% |
84.48% |
6.98% |
-43.75% |
679.17% |
19.94% |
Free Cash Flow to Firm to Interest Expense |
|
-3.80 |
-8.37 |
-14.12 |
-16.19 |
-10.28 |
-11.39 |
-3.77 |
-5.85 |
-1.11 |
0.27 |
-2.47 |
Operating Cash Flow to Interest Expense |
|
7.59 |
2.42 |
0.18 |
0.84 |
1.57 |
-0.10 |
1.09 |
0.35 |
-0.05 |
1.32 |
0.27 |
Operating Cash Flow Less CapEx to Interest Expense |
|
6.98 |
2.19 |
-4.01 |
-3.70 |
1.51 |
-0.18 |
-0.20 |
-4.70 |
-0.18 |
1.13 |
-1.09 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.03 |
0.03 |
0.04 |
0.04 |
0.04 |
0.04 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
Fixed Asset Turnover |
|
3.49 |
3.71 |
3.66 |
3.73 |
3.74 |
3.52 |
3.37 |
3.26 |
3.24 |
3.20 |
3.16 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
7,860 |
8,118 |
9,235 |
10,190 |
9,928 |
10,527 |
10,201 |
11,722 |
10,326 |
10,570 |
10,901 |
Invested Capital Turnover |
|
0.17 |
0.19 |
0.18 |
0.18 |
0.19 |
0.17 |
0.16 |
0.14 |
0.15 |
0.15 |
0.15 |
Increase / (Decrease) in Invested Capital |
|
313 |
750 |
1,658 |
2,651 |
2,068 |
2,409 |
966 |
1,532 |
398 |
43 |
700 |
Enterprise Value (EV) |
|
4,094 |
5,155 |
5,814 |
6,752 |
6,239 |
7,788 |
7,722 |
8,673 |
7,073 |
7,164 |
6,876 |
Market Capitalization |
|
3,809 |
4,257 |
3,983 |
3,977 |
3,735 |
4,780 |
5,014 |
4,921 |
5,074 |
5,315 |
4,838 |
Book Value per Share |
|
$15.11 |
$15.81 |
$15.75 |
$15.82 |
$16.13 |
$16.56 |
$16.69 |
$16.93 |
$17.38 |
$17.53 |
$17.84 |
Tangible Book Value per Share |
|
$8.02 |
$8.50 |
$8.65 |
$8.74 |
$9.02 |
$9.47 |
$9.63 |
$9.88 |
$10.33 |
$10.49 |
$10.82 |
Total Capital |
|
7,860 |
8,118 |
9,235 |
10,190 |
9,928 |
10,527 |
10,201 |
11,722 |
10,326 |
10,570 |
10,901 |
Total Debt |
|
2,454 |
2,465 |
3,447 |
4,372 |
4,034 |
4,477 |
4,195 |
5,632 |
4,077 |
4,268 |
4,483 |
Total Long-Term Debt |
|
1,059 |
1,093 |
1,298 |
1,981 |
1,968 |
1,971 |
2,121 |
2,016 |
2,515 |
3,012 |
2,514 |
Net Debt |
|
178 |
791 |
1,724 |
2,668 |
2,397 |
2,901 |
2,708 |
3,752 |
1,999 |
1,849 |
2,038 |
Capital Expenditures (CapEx) |
|
28 |
17 |
448 |
704 |
11 |
17 |
290 |
1,218 |
32 |
48 |
321 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
2,454 |
2,465 |
3,447 |
4,372 |
4,034 |
4,477 |
4,195 |
5,632 |
4,077 |
4,268 |
4,483 |
Total Depreciation and Amortization (D&A) |
|
19 |
19 |
21 |
21 |
19 |
17 |
14 |
18 |
17 |
18 |
18 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.39 |
$0.39 |
$0.40 |
$0.39 |
$0.40 |
$0.13 |
$0.32 |
$0.34 |
$0.30 |
$0.31 |
$0.32 |
Adjusted Weighted Average Basic Shares Outstanding |
|
350.78M |
360.63M |
361.07M |
358.82M |
358.83M |
358.95M |
359.75M |
359.57M |
359.59M |
359.72M |
359.81M |
Adjusted Diluted Earnings per Share |
|
$0.38 |
$0.39 |
$0.40 |
$0.39 |
$0.40 |
$0.12 |
$0.32 |
$0.34 |
$0.30 |
$0.31 |
$0.32 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
350.78M |
360.63M |
361.07M |
358.82M |
358.83M |
358.95M |
359.75M |
359.57M |
359.59M |
359.72M |
359.81M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
350.78M |
360.63M |
361.07M |
358.82M |
358.83M |
358.95M |
359.75M |
359.57M |
359.59M |
359.72M |
359.81M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
140 |
139 |
149 |
142 |
145 |
51 |
122 |
123 |
110 |
71 |
117 |
Normalized NOPAT Margin |
|
36.74% |
33.49% |
35.72% |
34.63% |
35.63% |
15.09% |
29.98% |
30.45% |
26.70% |
19.14% |
28.47% |
Pre Tax Income Margin |
|
45.53% |
42.41% |
43.75% |
43.66% |
40.29% |
17.46% |
38.33% |
38.86% |
33.98% |
27.35% |
36.01% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
3.76 |
2.41 |
1.70 |
1.16 |
0.88 |
0.28 |
0.70 |
0.65 |
0.54 |
0.41 |
0.63 |
NOPAT to Interest Expense |
|
3.00 |
1.90 |
1.37 |
0.92 |
0.78 |
0.25 |
0.54 |
0.51 |
0.42 |
0.45 |
0.50 |
EBIT Less CapEx to Interest Expense |
|
3.15 |
2.18 |
-2.49 |
-3.38 |
0.82 |
0.20 |
-0.60 |
-4.40 |
0.42 |
0.22 |
-0.73 |
NOPAT Less CapEx to Interest Expense |
|
2.39 |
1.67 |
-2.81 |
-3.63 |
0.72 |
0.16 |
-0.75 |
-4.54 |
0.30 |
0.25 |
-0.86 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
44.11% |
40.77% |
33.77% |
31.80% |
31.41% |
37.53% |
39.57% |
40.82% |
44.09% |
38.06% |
38.04% |
Augmented Payout Ratio |
|
54.89% |
50.57% |
38.46% |
38.34% |
37.87% |
44.95% |
44.78% |
41.27% |
44.58% |
38.71% |
40.87% |
Key Financial Trends
F.N.B. (NYSE: FNB) has shown steady financial performance over the past several years, with key highlights and trends observed from their quarterly financial statements through Q1 2025.
- Net Interest Income has remained strong and stable, reporting $323 million for Q1 2025, consistent with prior quarters in 2024, showing resilience in core lending activities.
- Total Revenue increased to $411 million in Q1 2025 from $373 million in Q4 2024 and $407 million in Q1 2024, indicating growth in both interest and non-interest income streams.
- Non-Interest Income saw a significant uplift in Q1 2025 to $88 million compared to $51 million in Q4 2024, supported by steady service charges and higher other service charges, suggesting improved fee-based services.
- Provision for Credit Losses decreased from $22.6 million in Q4 2024 to $17 million in Q1 2025, reflecting improved credit quality or more conservative provisioning.
- Q1 2025 reported net income attributable to common shareholders of $117 million, up from $110 million in Q4 2024, indicating ongoing earnings growth with a solid earnings per share (EPS) of $0.32.
- The bank continues to generate positive cash flow from operating activities, with $64 million in Q1 2025, supporting operational liquidity.
- Investing activities show significant net outflows ($335 million in Q1 2025), mainly due to purchases of investment securities exceeding sales, which may reflect strategic positioning but impacts cash.
- Financing activities generated $297 million net cash inflows in Q1 2025, driven by issuance and repayment of debt and dividends payments, showing active capital management.
- Total Assets increased to $49 billion by Q1 2025, up from $47.9 billion in Q3 2024, driven primarily by growth in loans and leases, which totaled $34.2 billion (gross) in Q1 2025.
- Total Common Equity rose to approximately $6.42 billion at Q1 2025, strengthening the capital base marginally compared to prior quarters, indicating steady equity accumulation.
Overall, F.N.B.’s financial data shows a bank with strong core income, improving credit provisions, and consistent profitability growth. While investing activities represent cash outflows, these could be linked to strategic investments in securities. Their balance sheet growth and capital position remain robust, supporting continued operational strength.
08/04/25 12:48 AMAI Generated. May Contain Errors.