FNB earnings analysis
What we found in FNB's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
F.N.B. Corporation reported a solid performance for Q1 2026, with net income increasing by 17.6% year-over-year to $137.0 million, translating to an EPS of $0.38, up from $0.32 a year prior. Total revenue climbed 9.4% to $450.3 million, driven by higher net interest income and non-interest income. The bank's balance sheet showed prudent management with an increase in loans and a stable capital position, although non-performing assets rose slightly, indicating some pressure in asset quality.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Strong Revenue Growth
- Total revenue increased 9.4% year-over-year to $450.3 million.
- Improved EPS
- EPS rose 18.8% to $0.38, up from $0.32 in Q1 2025.
- Increased Net Interest Income
- Net interest income increased by 10.9% to $359.3 million, reflecting higher earning asset growth.
- Solid Return Metrics
- Return on average tangible common equity increased to 13.20% from 12.62% year-over-year.
- Enhanced Capital Return
- An 8% increase in quarterly dividend to $0.13 was announced alongside a new $300 million share repurchase program.
- Non-Interest Income Growth
- Non-interest income was up 3.7% to $91.0 million, supported by increased capital markets and wealth management revenues.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Rising Non-Performing Assets
- Non-performing assets increased 12.0% to $120.5 million, indicating slight pressure on asset quality.
- Market Interest Rate Sensitivity
- Continued exposure to interest rate fluctuations could affect future net interest income, as seen with changing yield rates.
- Regulatory Compliance Risks
- Regulatory restrictions on dividends from subsidiaries pose risks to liquidity and capital deployment.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.38
What they said about what is next.
Outlook deferred to earnings press release / call.
The filing reads better than the one before it.
What came before.
- 10-K · February 24, 2026
- F.N.B. positions itself as a regionally scaled, community-oriented bank with centralized back-office functions and a focus on cross-selling through three reportable segments (Community Banking, Wealth Management and…
- 10-Q · November 5, 2025
- F.N.B. reported Q3 2025 results showing revenue of $457.0M (net interest income $359M + non‑interest income $98M) and diluted EPS of $0.41, both meaningfully ahead of Q3 2024. Net interest income and operating leverage…
- 10-Q · August 6, 2025
- F.N.B. reported Q2 2025 results with revenue (net interest income + non‑interest income) of approximately $439.0M (NII $348.0M + non‑interest income $91.0M), up vs Q2 2024 and Q1 2025. Diluted EPS was $0.36 (vs $0.34 a…
- 10-Q · August 6, 2024
- F.N.B. Corporation's Q2 2024 results show a slight decline in net income and EPS compared to Q2 2023, with net income at $123 million and EPS of $0.34, down from $142 million and $0.39, respectively. Revenue also…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
Read the next one first.
We read every filing FNB makes the day it lands, and put it next to what the options market did about it. Members get both, and an alert when a filing arrives.
Cancel anytime · Month to month · Switch tiers whenever