F.N.B. Corporation (FNB)

F.N.B. Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	1,985	1,754	1,117	886	990
Interest Income on Investments	267	219	168	119	140
Total Interest Income	2,252	1,973	1,285	1,005	1,130
Interest Paid on Deposits	754	495	108	47	133
Interest Paid on Borrowings	218	161	57	51	75
Total Interest Expense	972	656	165	98	208
Net Interest Income	1,280	1,317	1,120	907	922
Net Interest Income Growth (YoY)	-2.81%	17.59%	23.48%	-1.63%	0.55%
Trust Income	46	43	39	37	31
Mortgage Banking Activities	26.9	21.2	18.5	32.2	55.8
Gain (Loss) on Sale of Investments	-34	-67	0.05	0.19	14.1
Other Non-Interest Income	277	257	262.95	255.81	224.86
Total Non-Interest Income	315.9	254.2	320.5	325.2	325.76
Non-Interest Income Growth (YoY)	24.27%	-20.69%	-1.45%	-0.17%	11.64%
Revenues Before Loan Losses	1,596	1,571	1,441	1,232	1,248
Provision for Loan Losses	80	72	64	1	123
Revenue	1,516	1,499	1,377	1,231	1,125
Revenue Growth (YoY)	1.11%	8.91%	11.80%	9.46%	-3.44%
Salaries and Employee Benefits	487	444	404	397	390
Occupancy Expenses	79	70	68	58	71
Federal Deposit Insurance	41	61	20	18	20
Amortization of Goodwill & Intangibles	-	-	-	12	13
Selling, General & Administrative	232	210	187	176	164
Other Non-Interest Expense	122	130	147	70	92
Total Non-Interest Expense	961	915	826	731	750
EBT Excluding Unusual Items	554.9	584.2	550.5	500.2	374.76
Asset Writedown	0.1	-0.2	2.5	4.8	-5.8
Other Unusual Items	-	-	-	-	-25.96
Pretax Income	555	584	553	503	343
Income Tax Expense	90	99	114	98	57
Net Income	465	485	439	405	286
Preferred Dividends & Other Adjustments	6	8	8	8	8
Net Income to Common	459	477	431	397	278
Net Income Growth	-4.12%	10.48%	8.40%	41.61%	-26.10%
Basic Shares Outstanding	361	361	350	320	323
Diluted Shares Outstanding	363	363	354	323	325
Shares Change (YoY)	-0.07%	2.50%	9.45%	-0.62%	-0.18%
EPS (Basic)	1.27	1.32	1.23	1.24	0.86
EPS (Diluted)	1.27	1.31	1.22	1.23	0.85
EPS Growth	-3.06%	7.38%	-0.81%	44.71%	-26.72%
Dividend Per Share	0.480	0.480	0.480	0.480	0.480
Effective Tax Rate	16.22%	16.95%	20.61%	19.48%	16.62%

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