trending Market Intelligence /marketintelligence/en/news-insights/trending/cMlcfD2NnNS-V1XXSGvHwQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

F.N.B. reports lower net income, NIM YOY in Q4'19

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments


F.N.B. reports lower net income, NIM YOY in Q4'19

Pittsburgh-based F.N.B. Corp. posted net income available to common stockholders of $93.2 million, or 29 cents per share, for the fourth quarter of 2019, down from $98.1 million, or 30 cents per share, in the fourth quarter of 2018.

The S&P Global Market Intelligence consensus GAAP EPS estimate for the most recent quarter was 29 cents.

Operating net income available for the common stockholders for the 2019 fourth quarter was $96.6 million, or 30 cents per share, compared with $98.1 million, or 30 cents per share, in the year-ago quarter. The operating earnings in the recent quarter excluded $4.3 million for service charge refunds.

Net interest income totaled $226.4 million, 1.5% lower than the $229.8 million in the linked quarter and down 2.5% from $232.2 million in the fourth quarter of 2018.

Provision for credit losses was $7.5 million in the fourth quarter of 2019, down 36.7% from $11.9 million in the third quarter and falling 50.4% from $15.2 million a year ago.

Net interest margin ticked lower at 3.07% in the fourth quarter of 2019 from 3.17% in the linked quarter and 3.29% in the fourth quarter of 2018.

Total loans and leases as of the end of the fourth quarter amounted to $23.29 billion in the fourth quarter of 2019, up 0.9% from $23.07 billion at the end of the previous quarter and 5.1% higher than $22.15 billion a year ago. Total deposits were $24.79 billion at Dec. 31, 2019, compared to $24.59 billion at Sept. 30, 2019, and $23.46 billion at Dec. 31, 2018.

For full year 2019, net income available to common stockholders was $379.2 million, or $1.16 per share, up from $364.8 million, or $1.12 per share, in 2018.

The S&P Global Market Intelligence consensus GAAP EPS estimate for full year 2019 was $1.17.