FNB Corp Q2 Earnings: EPS $0.42 Beats, Record Revenue $463M, Buyback Active
FNB sits 33% above its 52-week low of $14.455.
Summary
FNB Corp reported Q2 2026 EPS of $0.42, beating estimates, with record revenue of $463 million and a 17% year-over-year earnings increase. The bank also bought back $47 million in shares and maintained strong capital ratios.
Key Events · Earnings and Guidance · FNB
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Q2 Earnings Beat
Net income of $148.7M, or $0.42 per diluted share, up 16.7% year-over-year, driven by record revenue of $462.7M.
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Strong Pre-Provision Net Revenue
Pre-provision net revenue (non-GAAP) reached $209.4M, an 8.8% increase from the prior quarter, reflecting revenue growth and expense discipline.
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Tangible Book Value Growth
Tangible book value per common share rose to $12.24, up 9.9% from a year ago, supported by earnings and share repurchases.
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Active Share Buyback
The company repurchased $47 million (2.7 million shares) at an average price of $17.46 during Q2, reducing share count and boosting per-share metrics.
Analysis · FNB · Finance
FNB Corp delivered a strong second quarter, with EPS of $0.42 up 16.7% year-over-year on record revenue of $463 million. The beat was driven by loan growth, stable margins, and disciplined expense control. Pre-provision net revenue jumped 8.8% sequentially, and tangible book value per share rose 10% from a year ago. The company also repurchased $47 million in stock during the quarter, signaling confidence. With a CET1 ratio of 11.4%, capital remains robust. This print reinforces the bank's ability to grow earnings in a volatile rate environment, though the stock is already trading near its 52-week high, suggesting much of the good news may be priced in.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1498 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, FNB was trading at $19.26 on NYSE in the Finance sector, with a market capitalization of approximately $6.9B. The 52-week trading range was $14.46 to $19.59. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.