FNB Corporation (FNB)
NYSEFinancialsBanks - RegionalSnapshot 2026-09-09
$18.19-0.71%
Close 2026-09-09 · 1-day change
NYSEFinancialsBanks - RegionalSnapshot 2026-09-09
Warn: Primary pillar under pressure — Diluted EPS grows to at least $1.73 in FY 2026: FY26 EPS guide $1.56 vs $1.73 target.
FNB grows earnings with net income rising to $137 million. EPS rose to $0.38 in Q1 2026. Cash from operations improved to $151 million. The company raised dividends and started a $250 million buyback.
Earnings growth could slow or reverse. Cash flow might weaken. Capital returns could stall.
The price is about 1% below our fair value near $19. Analysts expect about 8% revenue decline. We see better earnings growth and cash flow than that.
Breaks if: dividend falls below $0.12 or buyback program ends
Sustain dividend payments and execute share repurchase programs to return capital to shareholders.
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a stable financial institution with a focus on consistent earnings growth and cash flow enhancement. The current thesis state indicates a recovery in performance, but there are still risks to monitor closely.
The market seems to have priced in a low level of fragility, suggesting that while FNB is considered cheap compared to peers, there is an expectation for steady execution. The expectations gap is slightly negative, indicating that the market may be cautious about future performance.
Management is on track to increase net income and earnings per share, as evidenced by recent financial results. However, there is a moderate risk due to the company's recent history of misses, which could affect future performance.
The future performance of FNB will depend on guidance in upcoming earnings calls and the performance of sector bellwethers like HDB, IBN, and PNC. Positive momentum from these companies could support FNB, while any negative guidance could lead to downward pressure.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The company declared a consistent dividend and increased share repurchase. This supports capital allocation objectives and aligns with growth goals. There are no new threats impacting the thesis.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated as a priority in 3 of last 3 quarters. Dividend per share increased from $0.12 in 2025-Q3 to $0.13 in 2026-Q2. Share repurchases totaled $12 million in 2025-Q3 and $82 million combined in 2026-Q1 and Q2, showing active capital return. Management is delivering on maintaining dividends and increasing buybacks.
“Repurchased $47 million of common stock at a weighted average price of $17.46.”
“Board increased quarterly dividend to $0.13 and authorized a $250 million share repurchase program.”
“Repurchased $12 million of common stock at a weighted average price of $15.50.”
Breaks if: cash from operations falls below $100 million next 4 quarters
Improve cash flow from operations to support financial flexibility and capital deployment.
Stated as a priority in 5 of last 5 quarters. Cash from operating activities rose from $123 million in 2025-Q2 to $258 million in 2026-Q2, demonstrating significant improvement. This trajectory shows delivering on enhancing operating cash flow.
“Cash from operating activities was $258 million.”
“Cash from operating activities was $151 million.”
“Cash from operating activities was $128 million.”
“Cash from operating activities was $167 million.”
“Cash from operating activities was $123 million.”
Breaks if: EPS falls below $1.56 in FY 2026
Sustain growth in net income and diluted earnings per share through revenue growth and operational efficiency.
Stated as a priority in 4 of last 4 quarters. Net income grew from $130.7 million in 2025-Q2 to $148.7 million in 2026-Q2, and diluted EPS increased from $0.36 to $0.42 over the same period. Management's statements and financial results show delivering on this priority with consistent growth in earnings.
“EPS growth of 16.7% year-over-year to $0.42 per diluted share.”
“First quarter earnings increased 19% from the year-ago quarter to $0.38 per diluted common share.”
“Reported earnings per diluted common share of $0.41, a 37% increase from the prior year.”
“Net income of $130.7 million, or $0.36 per diluted common share.”
Over the next 1 to 3 years, FNB's performance will likely be influenced by both its management execution and broader sector trends. Not investment advice.