FNB Reports Q3 2026 Earnings with Strong Loan Growth and Stable Performance
F.N.B. Corporation (FNB) reported strong third-quarter results for 2026, driven by record net interest income of $376.5 million and continued expansion in its loan portfolio. The company achieved annualized linked-quarter loan growth of 8.5%, with commercial and industrial loans growing at a 20% rate due to activity in the Cleveland and Pennsylvania markets. Total deposits reached $39.6 billion, reflecting an 8.9% increase from seasonal inflows and customer relationship deepening. The company maintained solid capital levels with a CET1 ratio of 11.3%, supporting growth initiatives and stock buybacks. FNB repurchased $51 million worth of shares in the quarter at an average price of $18.69 per share, bringing year-to-date repurchases to $133 million or 2.1% of outstanding shares as of January 1st. Despite elevated fraud losses and potential headwinds from higher interest rates impacting its mortgage business, FNB remains optimistic about full-year performance with updated guidance for net interest income between $1.485 billion and $1.5 billion.
Tickers: $FNB
Topics: Deposits EPS Loans and Leases Net Income Stock Repurchases