Net income reached $148.7 million for the quarter, up from $130.7 million in the same period last year. Chairman and CEO Vincent J. Delie, Jr. attributed the performance to the company's technology-focused business model, which helped drive a 9% increase in pre-provision net revenue. Despite broader market fluctuations, the bank reported 7% annualized linked-quarter growth in average loans and leases, alongside a 5% rise in average non-interest-bearing deposit balances.
F.N.B. Corporation Reports Earnings Growth in Second Quarter 2026
F.N.B. Corporation posted a 16.7% year-over-year increase in diluted earnings per share to $0.42 for the second quarter of 2026, supported by record revenue of $462.7 million. The Pittsburgh-based bank navigated a volatile macroeconomic landscape by leveraging digital investments and maintaining stable asset quality metrics.
Asset quality remained a focal point, with the ratio of non-performing loans to total loans decreasing to 0.31%. The company also continued its capital management strategy, repurchasing 2.7 million shares during the quarter at a weighted average price of $17.46. With a Common Equity Tier 1 capital ratio estimated at 11.4%, the institution continues to emphasize efficiency and household penetration across its seven-state footprint.
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