Preview Of F.N.B. Corporation ($FNB) 3Q20 Earnings

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F.N.B. Corporation (NYSE:FNB) financial services provider, is reporting third quarter earnings results on Monday 19th October 2020, after market close.

The consensus estimates from Thomson Reuters are income of $ 0.23 per share.

For the full year, analysts predict revenues of $ 1242.28 million, while looking forward to income of $ 0.92 per share.

Previous Quarter Performance

F.N.B. Corporation came out with income for the second quarter of $ 0.26 per share, from the revenue of $ 305.59 million. Wall street analysts are predicting, FNB to report 2Q20 income of $ 0.12 per share from revenue of $ 299.75 million. The bottom line results beat street analysts by $ 0.14 or 116.67 percent, at the same time, top line results outshined analysts by $ 5.84 million or 1.95 percent.

Stock Performance

On Friday, shares of F.N.B. Corporation has traded high as $ 7.50 and has cracked $ 7.24 on the downward trend, reaching $ 7.50 with volume of 2.31 million shares.

According to the previous trading day, closing price of $ 7.50, representing a 46.93 % increase from the 52 week low of $ 5.05 and a 42.61 % decrease over the 52 week high of $ 12.93.

The company has a market capital of $ 2.42 billion and is part of the Financial Services sector and Banks – Regional – US industry.

Recent Stock Dividend Announcement

On July 13, 2020, the board of directors authorized quarterly dividend of $ 0.12 per share to holders of record as of the close of business on September 4, 2020, with payment date of September 15, 2020 and ex-dividend date on September 3, 2020.

Conference Call

F.N.B. Corporation will be hosting a conference call at 8:15 AM eastern time on 20th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.fnb-online.com

F.N.B. Corporation, a financial holding company, provides a range of financial services primarily to consumers, corporations, governments, and small- to medium-sized businesses. The company operates through three segments: Community Banking, Wealth Management, and Insurance.