FNB Corp Reports Record 2025 Earnings, Strong Capital, and Improved Asset Quality

summarizeSummary

FNB Corp reported record net income and total revenue for 2025, alongside significant improvements in capital ratios and asset quality, leading to a positive outlook change from Moody's.

check_boxKey Events

• Record Financial Performance

  Net income available to common shareholders increased 23.1% to $565.4 million, with diluted earnings per share rising 22.8% to $1.56 for the fiscal year ended December 31, 2025. Total revenue reached a new record of $1.8 billion, up 10.5% year-over-year.

• Strong Capital Position

  The CET1 capital ratio reached a record 11.36% at year-end 2025, up from 10.58% in 2024, reflecting increased retained earnings growth. Tangible book value per common share (non-GAAP) increased 13.2% to $11.87.

• Improved Asset Quality

  Non-performing loans and leases decreased significantly to 0.30% of total loans, down from 0.47% in 2024, indicating proactive loan portfolio management and a healthy credit environment.

• Moody's Outlook Upgrade

  Moody's affirmed its ratings and changed the outlook for F.N.B. Corporation and First National Bank of Pennsylvania from negative to stable on February 12, 2026, reflecting improved financial metrics and risk profile.

auto_awesomeAnalysis

FNB Corp's 2025 annual report demonstrates robust financial health and effective strategic execution. The company achieved record net income and total revenue, driven by growth in earning assets and a lower cost of funds. Significant improvements in capital adequacy, with the CET1 ratio reaching a record high, and a notable reduction in non-performing loans underscore a resilient balance sheet. The positive shift in Moody's outlook from negative to stable, occurring shortly after the fiscal year-end, further validates the company's strong performance and risk management. The full deployment of the mortgage subsidy related to the previously disclosed DOJ settlement resolves a known legal matter, removing a potential overhang. These results position FNB Corp favorably, indicating strong operational performance and a solid foundation for future growth.