FNB CORP/PA/ (FNB) Earnings History

FNB CORP/PA/ - Q4 FY2025 Earnings

Filed at: Jan 21, 2026, 7:31 AM EST|Read from source

EXECUTIVE SUMMARY

FNB Corporation reported strong fourth quarter and full-year 2025 results, marked by record total revenue, EPS growth, and significant balance sheet improvements, including total assets crossing $50 billion.

POSITIVE HIGHLIGHTS

  • •

    Total assets crossed $50 billion.

    positive
  • •

    Full year 2025 net income available to common shareholders was $565.4 million, or $1.56 per diluted common share, an increase of 23% from 2024.

    positive
  • •

    Fourth quarter 2025 net income available to common shareholders was $168.7 million, or $0.47 per diluted common share, up from $109.9 million, or $0.30 per diluted common share, in the prior year quarter.

    positive
  • •

    Record total revenue of $1.8 billion for full year 2025.

    positive
  • •

    Record non-interest income of $369 million for full year 2025.

    positive
  • •

    Tangible book value per common share (non-GAAP) increased 13% year-over-year to $11.87.

    positive
  • •

    Common Equity Tier 1 (CET1) regulatory capital ratio at 11.4% (estimated).

    positive
  • •

    Net interest income increased 13.4% year-over-year to $365.4 million in Q4 2025.

    positive
  • •

    Net interest margin (FTE) (non-GAAP) increased 24 basis points year-over-year to 3.28%.

    positive
  • •

    Average deposits increased 4.5% year-over-year to $38.6 billion.

    positive
  • •

    Loan-to-deposit ratio improved to 89.7% from 91.5% in the prior year quarter.

    positive
  • •

    Asset quality metrics remain at solid levels, with non-performing loans and OREO to total loans decreasing 17 basis points year-over-year to 0.31%.

    positive

CONCERNS & RISKS

  • •

    Average commercial real estate loans decreased by $263.9 million, or 2.1%, year-over-year.

    attention
  • •

    Mortgage banking operations income decreased 19.2% year-over-year.

    attention
  • •

    Non-interest expense increased 10.1% year-over-year, driven by salaries, outside services, and technology investments.

    attention
  • •

    The effective tax rate was (1.8)% in Q4 2025, compared to (7.0)% in Q4 2024, impacted by investment tax credits.

    attention

FINANCIAL METRICS

Revenue
Quarterly
$365.40B
+13.4%
Prior year: $322.22B
Annual (YTD)
$1800.00B
N/A
Prior year: $1280.44B
Net Income
Quarterly
$168.70M
+53.5%
Prior year: $109.90M
Annual (YTD)
$565.40M
N/A
Prior year: $459.30M
EPS (Diluted)
Quarterly
$0.47
+56.7%
Prior year: $0.30
Annual (YTD)
$1.56
N/A
Prior year: $1.27
Operating Income
Quarterly
$181.80M
+33.0%
Prior year: $136.70M
Annual (YTD)
$577.00M
N/A
EPS (Basic)
Quarterly
$0.47
+56.7%
Prior year: $0.30
Annual (YTD)
$1.57
N/A
Prior year: $1.27

MARGIN ANALYSIS

Margin metrics will be available once backend extracts data from insights_json

SPECIAL ITEMS & ADJUSTMENTS

Q4 2025
FNB Foundation contribution
Impacted non-interest expense
+$20M
Q4 2025
Reduction in FDIC special assessment
Favorable impact on non-interest expense
$3.4M
Q4 2024
Realized loss on investment securities restructuring
Impacted non-interest income
$34M
Q4 2025
Non-credit valuation impairment on financing receivable
Related to renewable energy project financing transaction
+$4.4M
Total Impact
$13M

Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.

MANAGEMENT COMMENTARY

FNB Corporation delivered an exceptional fourth quarter with operating earnings per diluted common share (non-GAAP) of $0.50 and a return on average tangible common equity (non-GAAP) of 16%.

— FNB CORP/PA/, Q4 FY2025 2025 Earnings Call

Company achieved multiple records for the full-year 2025, including all-time revenue highs for seven of our fee-based businesses, total revenue of $1.8 billion, operating net income available to common shareholders (non-GAAP) of $577 million and operating earnings per diluted common share (non-GAAP) of $1.59.

— FNB CORP/PA/, Q4 FY2025 2025 Earnings Call

Investments in technology, AI, and data analytics are driving automation, efficiency, and the flexibility to continue investing in revenue‑generating businesses and an enhanced omnichannel customer experience, all while delivering strong positive operating leverage.

— FNB CORP/PA/, Q4 FY2025 2025 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.

OPERATIONAL METRICS

Allowance For Credit Losses To Total Loans Ratio
1.3
Prior year: 1.3
percent
Loan To Deposit Ratio
89.7
Prior year: 91.5
percent
Net Charge Offs To Total Average Loans Annualized
0.2
Prior year: 0.2
percent
Non Performing Loans To Total Loans Ratio
0.3
Prior year: 0.3
percent

Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.