F.N.B.: Q1 Earnings Snapshot

Carbonatix Pre-Player Loader

Audio By Carbonatix

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.

_____

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

 

Salem News Channel Today

Sponsored Links

On Air & Up Next

  • The Mark Levin Show
    10:00PM - 12:00AM
     
    Mark Levin is one of America's preeminent conservative commentators and   >>
     
  • The Mark Levin Show
    12:00AM - 1:00AM
     
    Mark Levin is one of America's preeminent conservative commentators and   >>
     
  • The Mike Gallagher Show
    1:00AM - 3:00AM
     
    Mike Gallagher is one of the most listened-to radio talk show hosts in America.   >>
     
  • That Kevin Show
    3:00AM - 5:00AM
     
    Broadcast from the heart of Times Square, Kevin McCullough takes America’s   >>
     
  • This Morning with Gordon Deal
     
    Go beyond the headlines with the day's first look at news and business news from the U.S. and around the world
     

See the Full Program Guide