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Stock impact report

F.N.B. Corporation: Disciplined Growth Makes Shares Attractive [Seeking Alpha]

F.N.B. Corporation (FNB) 
Last f.n.b. corporation earnings: 4/23 05:59 am Check Earnings Report
Company Research Source: Seeking Alpha
Q1 EPS of $0.38 met expectations, with 19% YoY growth driven by balance sheet expansion and margin improvement. FNB's conservative lending, strong reserves (3.8x nonperforming loans), and 11.4% CET1 ratio position it well against sector risks. I reaffirm a $20.50 price target, expecting continued loan/deposit growth, incremental margin expansion, and secure, growing capital returns. Colin Temple/iStock Editorial via Getty Images Shares of F.N.B. Corporation ( FNB ) have been a strong performer over the past year, rallying 42%. It has been a strong 12 months for most banking stocks, as fears about credit losses last April amid FNB's CET1 ratio of 11.4% and reserves covering 3.8x nonperforming loans underpin its premium valuation and support ongoing growth and capital returns. Mid single-digit loan and deposit growth, margin expansion from lower-cost CDs maturing, and redeployment of securities at higher yields are expected to sustain earnings momentum. Incremental spendi Show less Read more
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