UPDATE 1-US accuses Pennsylvania lender FNB of redlining in North Carolina [Yahoo! Finance]
F.N.B. Corporation (FNB)
Last f.n.b. corporation earnings: 4/23 05:59 am
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fnb-online.com/about-us/investor-relations-shareholder-services
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Source: Yahoo! Finance
First National Bank of Pennsylvania was sued on Monday by the U.S. Department of Justice and the state of North Carolina, which accused it of lending discrimination known as redlining in the Charlotte and Winston-Salem, North Carolina markets. Redlining occurs when lenders deny or discourage mortgage applications and loans in neighborhoods based on the race, color, or national origin of people who live there. According to a federal complaint, FNB violated the federal Fair Housing Act and Equal Credit Opportunity Act by avoiding home loans and other mortgage services between 2017 and 2021 in majority-Black and Hispanic neighborhoods. The Pittsburgh-based bank's redlining allegedly included locating and maintaining nearly all branch locations and mortgage loan officers outside these neighborhoods, and relying on majority-white areas for referrals and loan applications. Though Charlotte and Winston-Salem had a respective 32% and 22% of census tracts in majority-Black and Hispani
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News
- F.N.B. Corporation Declares Cash Dividend of $0.12 on Common StockPR Newswire
- FNB's Workplace Culture Continues to Excel [Yahoo! Finance]Yahoo! Finance
- FNB's Workplace Culture Continues to ExcelPR Newswire
- F.N.B. Corporation (NYSE:FNB) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- F.N.B. Co. (NYSE: FNB) had its price target lowered by analysts at Stephens from $16.00 to $15.00. They now have an "overweight" rating on the stock.MarketBeat
FNB
Earnings
- 4/17/24 - Beat
FNB
Sec Filings
- 4/26/24 - Form 13F-NT
- 4/23/24 - Form 4
- 4/18/24 - Form 8-K
- FNB's page on the SEC website