AI-extracted from the 10-Q filed 2026-08-05 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
FNB posted record quarterly revenue of $462.7M (+5.6% YoY) and diluted EPS of $0.42 (+17% YoY), with net interest margin expanding 6bps to 3.25% and positive operating leverage for another consecutive quarter.
Biggest Revenue Drivers
Net interest income$365.7M+5.3% YoY
Growth in average earning assets and lower interest-bearing deposit and borrowing costs, partially offset by lower yields on earning assets
Non-interest income$97.0M+6.5% YoY
Benefited from a diversified business model, including gains in wealth management, capital markets and bank owned life insurance income
Biggest Revenue Drivers
Total revenue: $462.7M+5.6% YoY
Net interest income$365.7M+5.3% YoY
Growth in average earning assets and lower interest-bearing deposit and borrowing costs, partially offset by lower yields on earning assets
Non-interest income$97.0M+6.5% YoY
Benefited from a diversified business model, including gains in wealth management, capital markets and bank owned life insurance income
Within Non-interest income
Trust services$12.6M+8.5% YoY
Continued strong contributions across the geographic footprint and a $1.1B rise in assets under administration to $15.5B
Capital markets income$8.0M+16.2% YoY
Solid revenue from international banking, customer interest rate derivatives and debt capital markets, plus early investment banking contributions
Bank owned life insurance$5.3M+38.9% YoY
Reflected higher life insurance claims
Largest Expense Items
Salaries and employee benefits$135.6M+4.4% YoY
Normal annual merit increases and strategic hiring to grow market share and support technology initiatives
Equipment$29.0M+3.5% YoY
Part of technology-related investments
Outside services$28.2M+11.6% YoY
Driven by higher third-party legal and consulting costs
Margins: Net interest margin (FTE, non-GAAP) rose 6bps YoY to 3.25% as a 27bps drop in cost of funds outpaced a 20bps decline in earning-asset yields. Efficiency ratio improved to 53.68% from 54.83% a year ago.
Watch Items from the Filing
Unrealized losses on debt securities totaled $99M (AFS) and $210M (HTM) at June 30, 2026, primarily from higher market interest rates since purchase.
Commercial real estate book includes $8.2B of non-owner-occupied loans, 17.3% of which are office loans, though average office loan size is a modest $1.6M.
Non-performing loans and leases rose to $110M (0.31% of total loans) from $105M at year-end 2025, though asset quality remains near historical lows.
Roughly 76% of deposits were FDIC-insured or collateralized as of June 30, 2026, unchanged from December 31, 2025.
FNBPA fully deployed the $11.75M DOJ/North Carolina fair lending settlement subsidy as of January 2026 and is in compliance with all material settlement terms.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Delie Vincent J JrChairman, President, & CEOGrant or award · May 6, 2026
Bena Pamela ADirectorGrant or award · May 6, 2026
Campbell William BDirectorGrant or award · May 6, 2026
Chiafullo James DDirectorGrant or award · May 6, 2026
Dively Mary JoDirectorGrant or award · May 6, 2026
Malone David JDirectorGrant or award · May 6, 2026
Mencini Frank CDirectorGrant or award · May 6, 2026
Motley David LDirectorGrant or award · May 6, 2026
Congress trading in FNB
3 transactions in FNB reported by 2 members of Congress under the STOCK Act, most recent trade Jun 11, 2025. Reported transactions, not recommendations.
About FNB CORP/PA/ (FNB): stock profile, AI score and financials
FNB CORP/PA/ (FNB) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores FNB at 68.1/100 on a composite quality score built from its SEC filings, placing it at rank #324 of 2,925 stocks — the top 25% of the AI-ranked universe. FNB scores in the top quartile across profitability (93.5), free cash flow (87.9), institutional flow (83.5). Based on the latest XBRL financial filings (Q2 2026), FNB CORP/PA/ reports quarterly revenue of $463.0M, net income of $149.0M, an operating margin of 40.6%. FNB trades on the NYSE exchange and files with the SEC under CIK 37808. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FNB daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for FNB CORP/PA/ directly from SEC EDGAR.