F.N.B. Corporation (FNB)

F.N.B. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	1,967	1,754	1,117	886	990	1,085
Interest Income on Investments	248.5	219	168	119	140	162
Total Interest Income	2,215	1,973	1,285	1,005	1,130	1,247
Interest Paid on Deposits	709.5	495	108	47	133	217
Interest Paid on Borrowings	223.15	161	57	51	75	113
Total Interest Expense	932.65	656	165	98	208	330
Net Interest Income	1,283	1,317	1,120	907	922	917
Net Interest Income Growth (YoY)	-3.33%	17.59%	23.48%	-1.63%	0.55%	-1.61%
Trust Income	45.25	43	39	37	31	28
Mortgage Banking Activities	27.93	21.2	18.5	32.2	55.8	33
Gain (Loss) on Sale of Investments	-66.95	-67	0.05	0.19	14.1	-3.14
Other Non-Interest Income	272.19	257	262.95	255.81	224.86	233.93
Total Non-Interest Income	278.42	254.2	320.5	325.2	325.76	291.79
Non-Interest Income Growth (YoY)	-13.26%	-20.69%	-1.45%	-0.17%	11.64%	5.15%
Revenues Before Loan Losses	1,561	1,571	1,441	1,232	1,248	1,209
Provision for Loan Losses	71.01	72	64	1	123	44
Revenue	1,490	1,499	1,377	1,231	1,125	1,165
Revenue Growth (YoY)	-4.60%	8.91%	11.80%	9.46%	-3.44%	1.42%
Salaries and Employee Benefits	472.57	444	404	397	390	363
Occupancy Expenses	78.31	70	68	58	71	59
Federal Deposit Insurance	70.58	61	20	18	20	23
Amortization of Goodwill & Intangibles	17.99	20	14	12	13	14
Selling, General & Administrative	227	210	187	176	164	151
Other Non-Interest Expense	112.03	108	85.2	70	92	82.79
Total Non-Interest Expense	978.48	913	778.2	731	750	692.79
EBT Excluding Unusual Items	511.68	586.2	598.3	500.2	374.76	472
Asset Writedown	-0.2	-0.2	2.5	4.8	-5.8	-1
Other Unusual Items	-	-	-	-	-25.96	-
Pretax Income	511.7	584	553	503	343	471
Income Tax Expense	105.4	99	114	98	57	84
Net Income	406.29	485	439	405	286	387
Preferred Dividends & Other Adjustments	8.02	8.04	8.04	8	8	8
Net Income to Common	398.28	476.96	430.96	397	278	379
Net Income Growth	-29.09%	10.48%	8.40%	41.61%	-26.10%	3.75%
Basic Shares Outstanding	361	361	350	320	323	325
Diluted Shares Outstanding	363	363	354	323	325	326
Shares Change (YoY)	0.20%	2.50%	9.45%	-0.62%	-0.18%	0.13%
EPS (Basic)	1.10	1.32	1.23	1.24	0.86	1.17
EPS (Diluted)	1.09	1.31	1.22	1.23	0.85	1.16
EPS Growth	-30.54%	7.38%	-0.81%	44.71%	-26.72%	3.57%
Dividend Per Share	0.480	0.480	0.480	0.480	0.480	0.480
Effective Tax Rate	20.60%	16.95%	20.61%	19.48%	16.62%	17.83%

Source: S&P Capital IQ. Banks template. Financial Sources.