F.N.B.: Q1 Earnings Snapshot
News > Business News
Audio By Carbonatix
5:26 PM on Monday, April 18, 2022
The Associated Press
PITTSBURGH (AP) _ F.N.B. Corp. (FNB) on Monday reported first-quarter net income of $53 million.
The Pittsburgh-based bank said it had earnings of 15 cents per share. Earnings, adjusted for one-time gains and costs, came to 26 cents per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.
The financial holding company posted revenue of $331.9 million in the period. Its revenue net of interest expense was $312.4 million, which missed Street forecasts. Five analysts surveyed by Zacks expected $312.5 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FNB at https://www.zacks.com/ap/FNB