F.N.B. Corporation (FNB) financial statements (2021 and earlier)

Company profile

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

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,383599488479371489287
Cash and cash equivalents1,383599488479371489287
Disposal group, including discontinued operation      6
Total current assets:1,383599488479371489294
Noncurrent Assets
Operating lease, right-of-use asset127121
Property, plant and equipment332333330337244159169
Intangible assets, net (including goodwill)2,3162,3292,3342,3411,099879880
Goodwill2,2622,2622,2552,2491,032833832
Intangible assets, net (excluding goodwill)54677992674648
Deferred costs     2 
Amortization method qualified affordable housing project investments 604421  
Total noncurrent assets:2,7752,8432,7082,6991,3431,0391,048
Other undisclosed assets33,19631,17329,90628,23920,13016,02914,785
TOTAL ASSETS:37,35434,61533,10231,41821,84517,55816,127
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt1,8043,2164,1293,6782,5032,0492,042
Liability for uncertainty in income taxes      0
Total current liabilities:1,8043,2164,1293,6782,5032,0492,042
Noncurrent Liabilities
Long-term debt and lease obligation81908788878583
Long-term debt, excluding current maturities81908788878583
Liabilities, other than long-term debt 605767   
Qualified affordable housing project investments, commitment 605767  
Total noncurrent liabilities:81150144155878583
Other undisclosed liabilities30,51026,36624,22123,17516,68313,32811,981
Total liabilities:32,39529,73228,49427,00819,27315,46114,106
Stockholders' equity
Stockholders' equity attributable to parent4,9594,8834,6084,4092,5722,0962,021
Preferred stock107107107107107107107
Common stock3333222
Treasury stock, value(68)(27)(21)(19)(15)(13)(16)
Additional paid in capital4,0874,0674,0494,0342,2341,8081,799
Accumulated other comprehensive loss(39)(65)(106)(83)(61)(51)(46)
Retained earnings869798576368304243176
Total stockholders' equity:4,9594,8834,6084,4092,5722,0962,021
TOTAL LIABILITIES AND EQUITY:37,35434,61533,10231,41821,84517,55816,127

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,1541,2671,1881,111779618589
Net investment income1,1301,2471,170980679547509
Cost of revenue(123)(44)(61)(61)(56)(40)(39)
Provision for loan, lease, and other losses(123)(44)(61)
Financial services costs(61)(56)(40)(39)
Gross profit:1,0311,2231,1271,049723578550
Operating expenses(167)(149)(154)(551)(418) (327)
Operating income:8641,074973498305578223
Nonoperating income141213715828
Investment income, nonoperating      20
Bank owned life insurance income141213121088
Profit (loss) from real estate operations   (4)5  
Interest and debt expense(225)(330)(238)(134)(67)(49)(43)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (2)
Income from continuing operations before equity method investments, income taxes:653756748372253537207
Other undisclosed loss from continuing operations before income taxes(310)(285)(296)(15)(7)(308) 
Income from continuing operations before income taxes:343471452356246230207
Income tax expense(57)(84)(79)(157)(75)(70)(63)
Net income attributable to parent:286387373199171160144
Other undisclosed net loss available to common stockholders, basic(8)(8)(8)(8)(8)(8)(8)
Net income available to common stockholders, diluted:278379365191163152136

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:286387373199171160144
Other comprehensive income (loss)2641(23)(7)(10)(5)11
Comprehensive income, net of tax, attributable to parent:312428350192161155155

Statements sources

The financial statements are based on the company's filings with the 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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