F.N.B. (FNB) to Release Earnings on Tuesday

F.N.B. (NYSE:FNB) is scheduled to release its earnings data before the market opens on Tuesday, January 23rd. Analysts expect F.N.B. to post earnings of $0.24 per share for the quarter.

F.N.B. (NYSE:FNB) last issued its quarterly earnings results on Thursday, October 19th. The bank reported $0.24 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.24. The company had revenue of $291.38 million for the quarter, compared to the consensus estimate of $299.47 million. F.N.B. had a return on equity of 6.81% and a net margin of 19.95%. During the same quarter in the prior year, the business posted $0.24 earnings per share. On average, analysts expect F.N.B. to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

F.N.B. (NYSE FNB) opened at $14.34 on Monday. The stock has a market capitalization of $4,640.00, a P/E ratio of 18.38, a price-to-earnings-growth ratio of 1.31 and a beta of 0.96. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.15. F.N.B. has a 1 year low of $12.02 and a 1 year high of $16.33.

In other news, insider Robert M. Moorehead bought 5,000 shares of F.N.B. stock in a transaction on Friday, November 3rd. The stock was acquired at an average price of $13.46 per share, with a total value of $67,300.00. Following the completion of the acquisition, the insider now directly owns 25,312 shares of the company’s stock, valued at $340,699.52. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Frank C. Mencini bought 2,000 shares of F.N.B. stock in a transaction on Wednesday, November 8th. The shares were purchased at an average cost of $12.93 per share, with a total value of $25,860.00. The disclosure for this purchase can be found here. Insiders have acquired 8,500 shares of company stock valued at $113,350 in the last three months. Insiders own 1.21% of the company’s stock.

A number of brokerages have issued reports on FNB. Zacks Investment Research downgraded F.N.B. from a “hold” rating to a “sell” rating in a research report on Monday, September 25th. SunTrust Banks reiterated a “buy” rating and set a $17.00 price target on shares of F.N.B. in a research report on Tuesday, January 9th. ValuEngine upgraded F.N.B. from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $15.00 price target on shares of F.N.B. in a research report on Tuesday, October 3rd. Finally, Stephens assumed coverage on F.N.B. in a research report on Wednesday, December 13th. They set an “equal weight” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $17.20.

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F.N.B. Company Profile

F.N.B. Corporation is a financial holding company. The Company operates through four segments: Community Banking, Wealth Management, Insurance and Consumer Finance. Its Community Banking segment consists of First National Bank of Pennsylvania (FNBPA), which offers services, including commercial and individual demand, savings and time deposit accounts and commercial, mortgage and individual installment loans.

Earnings History for F.N.B. (NYSE:FNB)

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