Company profile

Ticker
FNB
Exchange
CEO
Vincent J. Delie
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
FNB Corp, FNB Corp
SEC CIK
IRS number
251255406

FNB stock data

(
)

Calendar

7 May 20
15 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 306M 306M 314M 317M
Net income 47M 95M 103M 95M
Diluted EPS 0.14 0.29 0.31 0.29
Net profit margin 15.36% 31.05% 32.80% 29.97%
Net change in cash -35M -10M 110M 2M
Cash on hand 564M 599M 609M 499M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 1.25B 1.17B 980M 679M
Net income 387M 373M 199M 171M
Diluted EPS 1.16 1.12 0.63 0.78
Net profit margin 31.03% 31.88% 20.31% 25.18%
Net change in cash 111M 9M 108M -118M
Cash on hand 599M 488M 479M 371M

Financial data from FNB earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
14 May 20 Calabrese Vincent J Common Stock Buy Aquire P No 6.56 20,000 131.2K 229,613.401
14 May 20 Mencini Frank C Common Stock Buy Aquire P No 6.1 2,000 12.2K 47,522.901
14 May 20 Delie Vincent J JR Common Stock Buy Aquire P No 6.5 20,000 130K 567,820.902
14 May 20 Pamela A Bena Common Stock Grant Aquire A No 6.78 11,798 79.99K 37,286.11
14 May 20 James D Chiafullo Common Stock Grant Aquire A No 6.78 11,871 80.49K 93,717.545
13F holders
Current Prev Q Change
Total holders 322 338 -4.7%
Opened positions 37 41 -9.8%
Closed positions 53 31 +71.0%
Increased positions 89 127 -29.9%
Reduced positions 127 107 +18.7%
13F shares
Current Prev Q Change
Total value 6.9B 10.28B -32.9%
Total shares 232.14M 240.41M -3.4%
Total puts 11.5K 192.8K -94.0%
Total calls 4.7K 110.4K -95.7%
Total put/call ratio 2.4 1.7 +40.1%
Largest owners
Shares Value Change
BLK BlackRock 36.67M $270.25M -2.0%
Vanguard 33.84M $249.4M +3.0%
Fuller & Thaler Asset Management 16.81M $123.92M +23.9%
Dimensional Fund Advisors 15.51M $114.32M +5.1%
FMR 10.82M $79.71M -9.5%
MCQEF Macquarie 10.34M $76.23M +9.2%
STT State Street 10.33M $76.1M -3.2%
BK Bank Of New York Mellon 4.49M $33.11M -2.8%
NTRS Northern Trust 4.18M $30.81M -5.0%
Geode Capital Management 3.88M $28.58M +2.2%
Largest transactions
Shares Bought/sold Change
Norges Bank 0 -3.59M EXIT
Fuller & Thaler Asset Management 16.81M +3.25M +23.9%
Hamlin Capital Management 0 -3.04M EXIT
FJ Capital Management 2.13M +2.13M NEW
FMR 10.82M -1.14M -9.5%
Vanguard 33.84M +992.8K +3.0%
MCQEF Macquarie 10.34M +868.16K +9.2%
Dimensional Fund Advisors 15.51M +755.15K +5.1%
BLK BlackRock 36.67M -742.37K -2.0%
Renaissance Technologies 3.68M -706.23K -16.1%

Financial report summary

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Risks
  • Declines in the fair value of our reporting units could result in a goodwill impairment charge and negatively affect our financial condition and results of operations.
Management Discussion
  • Net income available to common stockholders for the first quarter of 2020 was $45.4 million or $0.14 per diluted common share, compared to net income available to common stockholders for the first quarter of 2019 of $92.1 million or $0.28 per diluted common share. The results for the first quarter of 2020 reflect a provision for credit losses of $47.8 million, including $37.9 million related to the COVID-19 macroeconomic impacts under the newly adopted CECL standard. Additionally, our results included branch consolidation costs of $8.3 million, MSR impairment of $7.7 million, retirement vesting changes for certain 2020 stock grants of $5.6 million, and COVID-19 related expenses of $2.0 million. These significant, unusual, or outsized items totaled $61 million, negatively impacting earnings by $0.15 per share. The major categories of the Consolidated Statements of Income and their respective impact to the increase (decrease) in net income are presented in the following table:
Content analysis ?
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