F.N.B. Corp (FNB) Releases Earnings Results, Reports EPS of $0.24 EPS

F.N.B. Corp (FNB) announced its most recent quarterly financial results on Wednesday, Oct-19-2016. FNB reported $0.24 EPS for the quarter. Analysts had a consensus estimate of $0.24. Analysts expectations of $208.23 million. During the same quarter in the previous year, the company posted $0.22 EPS.

Many Wall Street Analysts have commented on F.N.B. Corp. Shares were Reiterated by FBR Capital on Jul 22, 2016 to “Mkt Perform” and Lowered the Price Target to $ 13 from a previous price target of $14 .

F.N.B. Corp opened for trading at $12.27 and hit $12.4 on the upside on Friday, eventually ending the session at $12.3, with a gain of 0.99% or 0.12 points. The heightened volatility saw the trading volume jump to 13,49,551 shares. Company has a market cap of $2,584 M.

In a different news, on Aug 18, 2016, Gary L Guerrieri (Chief Credit Officer) sold 18,500 shares at $12.32 per share price. According to the SEC, on Aug 10, 2016, William B Campbell (director) purchased 229 shares at $12.42 per share price. On Aug 10, 2016, Robert A Hormell (director) purchased 3,000 shares at $12.35 per share price, according to the Form-4 filing with the securities and exchange commission.

F.N.B. Corporation is a financial holding company. The Company has four business segments: Community Banking Wealth Management Insurance and Consumer Finance. The Company also operates other non-banking subsidiaries. The Company’s Community Banking segment consists of First National Bank of Pennsylvania (FNBPA) which offers services including commercial and individual demand savings and time deposit accounts and commercial mortgage and individual instalment loans. The Company’s Wealth Management segment delivers wealth management services to individuals corporations and retirement funds as well as existing customers of Community Banking. The Company’s Insurance segment operates principally through First National Insurance Agency LLC (FNIA) which is a subsidiary of the Corporation. The Company’s Consumer Finance segment operates through its subsidiary Regency Finance Company.

F.N.B. Corp

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