F.N.B. Corporation (FNB) Financial Statements (2024 and earlier)

Company Profile

Business Address F.N.B. CORPORATION
PITTSBURGH, PA 15212
State of Incorp. PA
Fiscal Year End December 31
Industry (SIC) 6021 - National Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,6743,4931,383599488479
Cash and cash equivalents1,6743,4931,383599488479
Debt securities, held-to-maturity, accrued interest, after allowance for credit loss   
Total current assets:1,6743,4931,383599488479
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization2212  
Operating lease, right-of-use asset135140127121
Property, plant and equipment 744632332333330337
Intangible assets, net (including goodwill)2,5662,3042,3162,3292,3342,341
Goodwill2,4772,2622,2622,2622,2552,249
Intangible assets, net (excluding goodwill)894254677992
Amortization method qualified affordable housing project investments    604421
Total noncurrent assets:3,4683,0882,7752,8432,7082,699
Other undisclosed assets38,58432,93233,19631,17329,90628,239
TOTAL ASSETS:43,72539,51337,35434,61533,10231,418
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt1,3721,5361,8043,2164,1293,678
Total current liabilities:1,3721,5361,8043,2164,1293,678
Noncurrent Liabilities
Long-term debt and lease obligation706881908788
Long-term debt, excluding current maturities706881908788
Liabilities, other than long-term debt    605767
Qualified affordable housing project investments, commitment    605767
Total noncurrent liabilities:706881150144155
Other undisclosed liabilities36,63032,75930,51026,36624,22123,175
Total liabilities:38,07234,36332,39529,73228,49427,008
Equity
Equity, attributable to parent5,6535,1504,9594,8834,6084,409
Preferred stock107107107107107107
Common stock433333
Treasury stock, value(167)(117)(68)(27)(21)(19)
Additional paid in capital4,6964,1094,0874,0674,0494,034
Accumulated other comprehensive loss(357)(62)(39)(65)(106)(83)
Retained earnings1,3701,110869798576368
Total equity:5,6535,1504,9594,8834,6084,409
TOTAL LIABILITIES AND EQUITY:43,72539,51337,35434,61533,10231,418

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues1,3091,0301,1541,2671,1881,111
Net investment income1,2851,0051,1301,2471,170980
Cost of revenue(64)(1)(123)(44)(61)(61)
Provision for loan, lease, and other losses(64)(1)(123)(44)(61)
Financial services costs(61)
Gross profit:1,2451,0291,0311,2231,1271,049
Operating expenses(230)(170)(167)(149)(154)(551)
Operating income:1,0158598641,074973498
Nonoperating income12151412137
Bank owned life insurance income121514121312
Loss from real estate operations      (4)
Interest and debt expense(165)(98)(225)(330)(238)(134)
Income from continuing operations before equity method investments, income taxes:862776653756748372
Other undisclosed loss from continuing operations before income taxes(309)(273)(310)(285)(296)(15)
Income from continuing operations before income taxes:553503343471452356
Income tax expense(114)(98)(57)(84)(79)(157)
Income from continuing operations:439405286387373199
Income before gain (loss) on sale of properties:405286387373199
Net income attributable to parent:439405286387373199
Other undisclosed net loss available to common stockholders, basic(8)(8)(8)(8)(8)(8)
Net income available to common stockholders, diluted:431397278379365191

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:439405286387373199
Other comprehensive income (loss) 152641(23)(7)
Other undisclosed comprehensive income (loss)(296)(28)    
Comprehensive income:144382312428350192
Other undisclosed comprehensive loss, net of tax, attributable to parent      
Comprehensive income, net of tax, attributable to parent:144382312428350192

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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