FNB

As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the regional banks industry, including F.N.B. Corporation (NYSE:FNB) and its peers. Regional banks, financial institutions operating within specific geographic areas, serve as intermediaries between local depositors and borrowers. They benefit from rising interest rates that improve net interest margins (the difference between loan yields and deposit costs), digital transformation reducing operational expenses, and local economic growth driving loan demand. However, these banks face headwinds from fintech competition, deposit outflows to higher-yielding alternatives, credit deterioration (increasing loan defaults) during economic slowdowns, and regulatory compliance costs. Recent concerns about regional bank stability following high-profile failures and significant commercial real estate exposure present additional challenges. The 94 regional banks stocks we track reported a mixed Q2. As a group, revenues were in line with analysts’ consensus estimates. While some regional banks stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 3.8% since the latest earnings results. Tracing its roots back to 1864 during the Civil War era, F.N.B. Corporation (NYSE:FNB) is a diversified financial services holding company that provides banking, wealth management, and insurance services to consumers and businesses across seven states and Washington, D.C. F.N.B. Corporation reported revenues of $465.8 million, up 5.6% year on year. This print fell short of analysts’ expectations by 0.7%. Overall, it was a softer quarter for the company with a miss of analysts’ net interest income estimates and EPS in line with analysts’ estimates. The market seems disappointed with the results as the stock is down 8.3% since reporting and currently trades at $17.87. Read our full report on F.N.B. Corporation here, it’s free. Originally founded in 1964 as a federal savings and loan institution, OFG Bancorp (NYSE:OFG) provides banking and financial services including commercial and consumer lending, wealth management, insurance, and trust services primarily in Puerto Rico and the U.S. Virgin Islands. OFG Bancorp reported revenues of $190.3 million, up 4.4% year on year, outperforming analysts’ expectations by 3.9%. The business had an exceptional quarter with a beat of analysts’ EPS and net interest income estimates. The market seems content with the results as the stock is up 4.3% since reporting. It currently trades at $52.14. Is now the time to buy OFG Bancorp? Access our full analysis of the earnings results here, it’s free. Originally established in 1941 and now operating with a tech-forward approach that includes its SmartStreet platform for homeowner associations, Banc of California (NYSE:BANC) is a California-based bank holding company that provides banking services to small and middle-market businesses, entrepreneurs, and individuals. Banc of California reported revenues of $285.7 million, up 4.7% year on year, falling short of analysts’ expectations by 3.1%. It was a disappointing quarter as it posted a significant miss of analysts’ tangible book value per share and net interest income estimates. As expected, the stock is down 14.2% since the results and currently trades at $18.18. Read our full analysis of Banc of California’s results here. Tracing its roots back to 1902 when it began serving coastal New Jersey communities, OceanFirst Financial (NASDAQ:OCFC) operates as a regional bank holding company that provides commercial and consumer banking services primarily in New Jersey and surrounding metropolitan areas. OceanFirst Financial reported revenues of $131.7 million, up 33.2% year on year. This result missed analysts’ expectations by 3.2%. It was a disappointing quarter as it also recorded a significant miss of analysts’ net interest income and tangible book value per share estimates. The stock is down 5.5% since reporting and currently trades at $18.56. Read our full, actionable report on OceanFirst Financial here, it’s free. Founded in 1902 in Ohio and expanding through both organic growth and acquisitions, Peoples Bancorp (NASDAQ:PEBO) is a financial holding company that provides banking, insurance, equipment leasing, and investment services to consumers and businesses. Peoples Bancorp reported revenues of $122 million, up 6% year on year. This print topped analysts’ expectations by 1.7%. It was a very strong quarter as it also recorded a beat of analysts’ EPS and tangible book value per share estimates. The stock is flat since reporting and currently trades at $39.08. Read our full, actionable report on Peoples Bancorp here, it’s free. Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership. Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products. By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.

SouthState Corporation SSB reported second-quarter 2026 earnings per share of $2.35, which surpassed the Zacks Consensus Estimate of $2.33. Also, the bottom line increased 11% from the prior-year quarter. Results were supported by growth in non-interest income, along with higher loans and deposit balances. Lower expenses and an improvement in asset quality were other positives. However, a decline in net interest income (NII) and net interest margin (NIM), along with higher provisions, acted as headwinds. Net income (GAAP basis) was $230 million, up 6.9% from $215.2 million in the year-ago quarter. Total revenues for the quarter were $672.7 million, representing a 1.2% year-over-year decline. Also, the top line missed the Zacks Consensus Estimate of $677.2 million. NII was $575.9 million, down marginally from the year-ago quarter. NIM declined to 3.78% from 4.02% in the prior-year quarter. Non-interest income was $96.7 million, up 11.4% from the prior-year quarter. The increase was mainly driven by higher fees on deposit accounts, correspondent banking and capital markets income, trust and investment services income, and bank-owned life insurance income. This was partly offset by lower mortgage banking income and other income. Non-interest expenses declined 4.6% to $357.7 million. The decrease was mainly due to the absence of merger, branch consolidation, severance-related and other expenses, along with lower information services expenses, OREO and loan-related expenses, the amortization of intangibles, and FDIC assessment and other regulatory charges. This was partly offset by higher salaries and employee benefits, occupancy expenses, business development and staff-related expenses, and other operating expenses. The efficiency ratio decreased to 50% from 52.75% in the year-ago quarter. A decline in the efficiency ratio indicates a rise in profitability. As of June 30, 2026, net loans were $50.3 billion, up 2.8% from the prior quarter. Total deposits were $56.3 billion, which rose 0.8% sequentially. In the reported quarter, the company recorded a provision for credit losses of $15.9 million, up from $7.5 million in the prior-year quarter. Allowance for credit losses as a percentage of loans was 1.15%, down 16 basis points year over year. The ratio of annualized net charge-offs to total average loans was 0.06%, down from 0.21% in the year-ago quarter. Non-performing loans to total loans were 0.54%, down from 0.63% in the previous-year quarter. Total non-performing assets declined to $287.4 million from $323.8 million in the year-ago quarter. As of June 30, 2026, the Tier I leverage ratio was 9.4%, up from 9.2% in the year-ago quarter. The Tier 1 common equity ratio decreased to 11.1% from the prior-year quarter’s 11.2%. At the end of the second quarter, the annualized return on average assets was 1.36%, up from the year-ago period’s 1.34%. Return on average common equity was 10.19% compared with 9.93% in the prior-year quarter. The company increased its quarterly cash dividend on its common stock from 60 cents per share to 66 cents. The dividend is payable Aug. 14, 2026, to shareholders of record as of Aug. 7, 2026 SouthState’s growth in non-interest income, along with higher loan and deposit balances, is expected to support its financial performance. Lower expenses and improving asset quality trends are additional positives. However, pressure on NII and NIM, along with higher provisions, remains concerning. SouthState Bank Corporation price-consensus-eps-surprise-chart | SouthState Bank Corporation Quote Currently, SSB carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Commerce Bancshares Inc.’s CBSH second-quarter 2026 earnings of $1.10 per share surpassed the Zacks Consensus Estimate of $1.04. The bottom line reflected a rise of 1% from the prior-year quarter. CBSH’s results primarily benefited from higher NII and a rise in non-interest income. The sequential rise in loan balances acted as a tailwind. However, higher expenses and provisions hurt CBSH’s results to some extent. F.N.B. Corporation FNB reported second-quarter 2026 earnings of 42 cents per share, which matched the Zacks Consensus Estimate. The bottom line jumped 16.7% year over year. FNB’s results primarily benefited from higher NII, a rise in non-interest income and lower provisions. Higher average loans and deposits were other positives. However, higher non-interest expenses hurt the results to some extent. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SouthState Bank Corporation (SSB) : Free Stock Analysis Report Commerce Bancshares, Inc. (CBSH) : Free Stock Analysis Report F.N.B. Corporation (FNB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Popular, Inc. BPOP reported second-quarter 2026 earnings per share of $4.35, which surpassed the Zacks Consensus Estimate of $3.69. The bottom line compared favorably with $3.09 in the year-ago quarter. The results benefited from higher net interest income (NII), strong fee income growth and rising loan and deposit balances. Lower operating expenses on a year-over-year basis were also encouraging. However, higher provisions and net charge-offs were headwinds. The company’s net income (GAAP basis) came in at $278.2 million, which rose 32.2% year over year. Total quarterly revenues were $874 million, rising 9.2% from the year-ago quarter. The top line surpassed the Zacks Consensus Estimate of $842.3 million. Quarterly NII was $693.4 million, up 9.8% year over year. Also, net interest margin (non-taxable equivalent basis) expanded 17 basis points to 3.66%. Non-interest income increased 7.2% year over year to $180.5 million. The rise was primarily driven by increases in banking fees, asset management and insurance fees, mortgage banking activities and other operating income. Total operating expenses decreased 1.8% year over year to $484.1 million. The decline primarily stemmed from decreases in professional fees, transactional services, net occupancy and other operating expenses, partly offset by higher technology and software expenses and business promotion costs. As of June 30, 2026, total loans held-in-portfolio increased 1.2% on a sequential basis to $39.7 billion. The rise was mainly driven by growth across commercial, construction and mortgage loans. Total deposits were $70.2 billion, up 3.9% from the previous quarter. The increase included a $3 billion rise in Puerto Rico public deposits. In the second quarter of 2026, Popular recorded a provision for credit losses of $65.9 million, up 34.6% from the prior-year quarter. As of June 30, 2026, non-performing assets were $546.7 million, which increased 52.8% year over year. Non-performing loans held-in-portfolio were $413.4 million, up 32.7% year over year. The non-performing loan ratio was 1.04% compared with 0.82% in the year-ago quarter. The net charge-off ratio increased to 1.05% from 0.45%. As of June 30, 2026, the Common Equity Tier 1 capital ratio and the Tier 1 capital ratio were 16.08% and 16.13%, respectively, up from 15.91% and 15.96% in the year-ago quarter. The return on average assets was 1.41%, up from 1.11% a year earlier. Return on average tangible common equity increased to 17.02% from 13.26%. In the reported quarter, the company repurchased 833,369 shares of common stock for $125 million at an average price of $150.36 per share. The company fully utilized its prior $500 million authorization and announced a new common stock repurchase authorization of up to $1 billion. It also announced a planned 20% increase in the quarterly common stock dividend to 90 cents per share from 75 cents, effective in the fourth quarter of 2026, subject to board approval. Higher NII, solid fee income generation and continued loan and deposit growth are likely to support Popular's financial performance. The company's strong capital position, robust capital return initiatives and improving profitability ratios are also encouraging. However, elevated net charge-offs, higher credit loss provisions and deteriorating asset quality remain concerns. Popular, Inc. price-consensus-eps-surprise-chart | Popular, Inc. Quote Currently, Popular carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Hancock Whitney Corp.’s HWC second-quarter 2026 earnings per share of $1.55 matched the Zacks Consensus Estimate. The bottom line rose 17.4% from the prior-year quarter. HWC’s results were supported by higher net interest income and non-interest income, along with a decline in provisions. Also, a sequential increase in loans and deposit balances was positive. However, higher expenses were the undermining factor. F.N.B. Corporation FNB reported second-quarter 2026 earnings of 42 cents per share, which matched the Zacks Consensus Estimate. The bottom line jumped 16.7% year over year. FNB’s results primarily benefited from higher NII, a rise in non-interest income and lower provisions. Higher average loans and deposits were other positives. However, higher non-interest expenses hurt the results to some extent. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Popular, Inc. (BPOP) : Free Stock Analysis Report F.N.B. Corporation (FNB) : Free Stock Analysis Report Hancock Whitney Corporation (HWC) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Columbia Banking System COLB posted second-quarter 2026 operating earnings of 76 cents per share, beating the Zacks Consensus Estimate of 73 cents. The figure was unchanged from the prior-year quarter. Quarterly results reflected higher net interest income (NII) and a rise in non-interest income. Lower provisions were another positive. However, higher non-interest expenses and lower loan and deposit balances were the undermining factors. Net income (GAAP) was $208 million compared with $152 million in the year-ago quarter. Total revenues came in at $677 million, up 32.5% year over year. The metric, however, missed the Zacks Consensus Estimate of $688.4 million. COLB’s NII was $589 million, up 32.1% from the second quarter of 2025. The increase reflected the larger balance sheet following the Pacific Premier acquisition. The net interest margin expanded 18 basis points year over year to 3.93%. Funding costs were lower than the year-ago quarter, with the cost of interest-bearing deposits declining 56 basis points to 1.96% from 2.52%. The cost of total deposits fell to 1.32% from 1.73%. Non-interest income was $88 million, up 35.4% from the year-ago level. Service charges on deposits increased 15% to $23 million, while card-based fees rose 21% to $17 million. Financial services and trust revenues increased to $15 million from $6 million. Other income was $19 million, up 58%. Columbia Banking’s non-interest expenses were $375 million, up 34.9% from the second quarter of 2025. The year-over-year increase reflected higher costs across several categories on a larger operating base. Salaries and employee benefits were $196 million, up 26.5% from $155 million. Occupancy and equipment expenses increased 38.3% to $65 million, while intangible amortization rose 46.2% to $38 million. Merger and restructuring expenses were $9 million compared with $8 million in the year-ago quarter. Management noted that all organizational changes and cost-related synergies associated with the Pacific Premier acquisition were essentially complete as of June 30, 2026, including the achievement of its previously disclosed cost-savings target. As of June 30, 2026, loans and leases were $47.2 billion, down 1% sequentially. The decline reflected continued expected runoff in below-market-rate transactional loans and lower non-owner-occupied commercial real estate balances because of elevated payoffs and competitive pricing pressure. Commercial loans, including owner-occupied commercial real estate, increased at an annualized rate of 5% from the prior quarter, partly offsetting contraction in other portfolios. Total deposits declined 3% sequentially to $52.1 billion. The decrease reflected intentional reductions in brokered deposits and wholesale public deposits. COLB’s provision for credit losses was $27 million, down 10% from $30 million in the year-ago quarter. Net charge-offs were 0.25% of average loans and leases (annualized), down from 0.31% a year earlier. The allowance for credit losses was $475 million, up 8.2% from $439 million. However, the allowance for credit losses-to-loans and leases ratio declined to 1.01% from 1.17%. Non-performing assets totaled $273 million, up 51.7% from $180 million, and the non-performing assets-to-total assets ratio increased to 0.42% from 0.35% in the second quarter of 2025. As of June 30, 2026, the estimated total risk-based capital ratio was 13.4%, up from 13% in the second quarter of 2025. The estimated common equity Tier 1 risk-based capital ratio was 11.6%, up from 10.8% in the prior-year quarter. Book value per common share increased 5.1% year over year to $26.70. Tangible book value per common share rose 4.1% to $19.22. In the reported quarter, Columbia Banking repurchased 6.6 million common shares at an average price of $29.93, returning $199 million to shareholders. The company had $202 million remaining under its existing share repurchase authorization as of June 30, 2026. Columbia Banking’s larger balance sheet following the Pacific Premier acquisition supported solid year-over-year growth in NII and fee income. Lower deposit costs and active management of funding rates aided the net interest margin. The completion of acquisition-related organizational changes and cost synergies should support operating efficiency. However, the continued runoff of below-market-rate transactional loans, competitive pressure in commercial real estate and intentional reductions in higher-cost deposits are likely to constrain near-term balance-sheet growth. Rising non-performing assets and elevated operating expenses remain concerning. Columbia Banking System, Inc. price-consensus-eps-surprise-chart | Columbia Banking System, Inc. Quote At present, COLB carries a Zacks Rank 4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. First Horizon Corporation FHN posted second-quarter 2026 earnings per share of 54 cents, surpassing the Zacks Consensus Estimate of 52 cents. This compares favorably with earnings of 45 cents in the year-ago quarter. FHN’s results benefited from higher net interest income and non-interest income, along with a lower provision for credit losses. Higher loan and deposit balances also provided support. However, rising expenses and weaker capital ratios were headwinds. F.N.B. Corporation FNB reported second-quarter 2026 earnings of 42 cents per share, which matched the Zacks Consensus Estimate. The bottom line jumped 16.7% year over year. FNB’s results primarily benefited from higher NII, a rise in non-interest income and lower provisions. Higher average loans and deposits were other positives. However, higher non-interest expenses hurt the results to some extent. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Columbia Banking System, Inc. (COLB) : Free Stock Analysis Report First Horizon Corporation (FHN) : Free Stock Analysis Report F.N.B. Corporation (FNB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Shares of BankUnited, Inc. BKU lost 4.4% following the release of its second-quarter 2026 results. Second-quarter earnings of 97 cents per share missed the Zacks Consensus Estimate of $1.02. However, the bottom line rose 6.6% from the prior-year quarter.Results were primarily hurt by a rise in non-interest expenses. Also, sequential declines in loans and deposits were negatives. However, higher net interest income (NII) and fee income, along with lower provisions, provided some support.Net income totaled $70.7 million, up 2.8% from the year-ago quarter. Our estimate for the metric was $73.1 million. Quarterly net revenues were $284.6 million, up 3.9% year over year. However, the top line missed the Zacks Consensus Estimate of $290.6 million.NII was $255.3 million, which rose 3.7% year over year. The net interest margin (NIM) expanded 13 basis points (bps) to 3.06%. Our estimates for NII and NIM were $264.5 million and 3.08%, respectively.Non-interest income of $29.2 million increased 5.1% from the prior-year quarter. The rise was mainly driven by higher deposit service charges and fees, net gain on investment securities, and capital markets income. We had projected non-interest income of $28.6 million.Non-interest expenses increased 6.3% to $174.6 million. The rise was due to higher employee compensation and benefits costs, occupancy and equipment costs, and other non-interest expenses, partially offset by lower depreciation of operating lease equipment costs, deposit insurance expenses and technology costs. Our estimate for non-interest expenses was $176.6 million. As of June 30, 2026, net loans were $23.7 billion, down marginally from the prior quarter. Total deposits amounted to $28.9 billion, down from $29.4 billion in the previous quarter. Our estimates for total loans and total deposits were $24.4 billion and $29.3 billion, respectively. In the reported quarter, BankUnited recorded a provision for credit losses of $15.6 million, down marginally from the prior-year quarter. We had expected the metric to be $15.9 million.As of June 30, 2026, the ratio of net charge-offs to average loans was 0.11%, down from 0.21% in the year-ago period. Also, the non-performing assets ratio was 0.66%, down from 1.08%. As of June 30, 2026, the Common Equity Tier 1 risk-based capital ratio was 12.3%, up from 12.2% as of June 30, 2025. The total risk-based capital ratio was 13.9%, down from 14.3%.In the reported quarter, the return on average assets was 0.81%, up from 0.78% in the year-earlier quarter. Return on average stockholders’ equity was 9.3%, down from 9.4%. During the quarter, BankUnited repurchased 1.1 million shares for $50.1 million. An elevated expense base, along with significant exposure to commercial real estate and residential loans, is expected to weigh on BankUnited’s profitability. Additionally, weak credit quality remains a near-term headwind. However, higher NII, diverse fee income and stabilizing funding costs are expected to offer some support. BankUnited, Inc. price-consensus-eps-surprise-chart | BankUnited, Inc. Quote Currently, BKU carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Commerce Bancshares Inc.’s CBSH second-quarter 2026 earnings of $1.10 per share surpassed the Zacks Consensus Estimate of $1.04. The bottom line reflected a rise of 1% from the prior-year quarter.CBSH’s results primarily benefited from higher NII and a rise in non-interest income. The sequential rise in loan balances acted as a tailwind. However, higher expenses and provisions hurt CBSH’s results to some extent.F.N.B. Corporation FNB reported second-quarter 2026 earnings of 42 cents per share, which matched the Zacks Consensus Estimate. The bottom line jumped 16.7% year over year.FNB’s results primarily benefited from higher NII, a rise in non-interest income and lower provisions. Higher average loans and deposits were other positives. However, higher non-interest expenses hurt the results to some extent. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BankUnited, Inc. (BKU) : Free Stock Analysis Report Commerce Bancshares, Inc. (CBSH) : Free Stock Analysis Report F.N.B. Corporation (FNB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Hancock Whitney Corp.’s HWC  second-quarter 2026 earnings per share of $1.55 matched the Zacks Consensus Estimate. The bottom line rose 17.4% from the prior-year quarter.Results were supported by higher net interest income (NII) and non-interest income, along with a decline in provisions. Also, a sequential increase in loans and deposit balances was a positive. However, higher expenses were the undermining factor.Net income available to common shareholders was $127 million, up 11.8% from the prior-year quarter. Our estimate for the metric was $124.6 million. Quarterly total revenues were $401.4 million, which surpassed the Zacks Consensus Estimate of $396.4 million. The top line also increased 6.9% year over year. NII (on a tax-equivalent basis) increased 5.6% year over year to $295.2 million. The net interest margin (NIM) was 3.56%, which expanded seven basis points (bps). Our estimates for NII and NIM were $291.2 million and 3.57%, respectively.Non-interest income was $108.4 million, up 10% year over year. The rise was driven by an increase in service charges on deposit accounts, trust fees, bank card and ATM fees, and investment and annuity fees and insurance commissions. We had projected non-interest income of $107.1 million.Total non-interest expenses (GAAP) increased 4.4% to $225.4 million. We had projected expenses of $227.1 million.The efficiency ratio increased to 55.31% from 54.91% in the year-ago quarter. An increase in the efficiency ratio indicates a deterioration in profitability. As of June 30, 2026, total loans were $24.6 billion, up 2.5% from the prior quarter. Total deposits were $29.6 billion, up 1.9% from the previous quarter. Our estimates for total loans and deposits were $24.5 billion and $29.2 billion, respectively. The provision for credit losses was $13.8 million, down 7.7% from the prior-year quarter. Our estimate for provisions was $11.4 million.Net charge-offs (annualized) were 0.16% of average total loans, down 15 bps from the prior-year quarter. As of June 30, 2026, the Tier 1 leverage ratio was 10.87%, down from 11.35% at the end of the year-ago quarter. The common equity Tier 1 ratio was 13.18%, down from 13.97% as of June 30, 2025.At the end of the second quarter of 2026, the return on average assets was 1.42%, up from 1.32% in the year-ago period. The return on average common equity was 11.52%, up from 10.63% in the prior-year quarter. In the reported quarter, HWC repurchased 712,966 shares at an average price of $68.28 per share. In May, Hancock Whitney agreed to acquire OFB Bancshares, Inc. and combine the latter’s local relationships with its broader platform and expanded private banking and fee-income capabilities, supported by the 2025 Sabal Trust acquisition. Together, these actions are expected to support HWC’s top line over time through loan growth, a continued shift toward full-relationship lending and sustained investment in higher-growth markets.Additionally, the company’s bond restructuring efforts and stabilizing funding costs are expected to continue to support NII expansion. However, weakening asset quality and elevated expenses remain key challenges. Hancock Whitney Corporation price-consensus-eps-surprise-chart | Hancock Whitney Corporation Quote Currently, Hancock Whitney carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Commerce Bancshares Inc.’s CBSH second-quarter 2026 earnings of $1.10 per share surpassed the Zacks Consensus Estimate of $1.04. The bottom line reflected a rise of 1% from the prior-year quarter.CBSH’s results primarily benefited from higher NII and a rise in non-interest income. The sequential rise in loan balances acted as a tailwind. However, higher expenses and provisions hurt CBSH’s results to some extent.F.N.B. Corporation FNB reported second-quarter 2026 earnings of 42 cents per share, which matched the Zacks Consensus Estimate. The bottom line jumped 16.7% year over year.FNB’s results primarily benefited from higher NII, a rise in non-interest income and lower provisions. Higher average loans and deposits were other positives. However, higher non-interest expenses hurt the results to some extent. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hancock Whitney Corporation (HWC) : Free Stock Analysis Report Commerce Bancshares, Inc. (CBSH) : Free Stock Analysis Report F.N.B. Corporation (FNB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

East West Bancorp, Inc.’s EWBC  second-quarter 2026 earnings per share of $2.63 beat the Zacks Consensus Estimate of $2.61. Moreover, the bottom line increased 17.4% from the prior-year quarter’s level.The results were primarily aided by an increase in net interest income (NII) and non-interest income alongside lower provisions. Also, loan and deposit balances increased sequentially in the quarter to record levels. However, higher non-interest expenses acted as a spoilsport.Net income was $363.7 million, up from $310.3 million in the prior-year quarter. Quarterly net revenues were $791.1 million, up 12.5% year over year. Moreover, the top line beat the Zacks Consensus Estimate of $785.9 million.NII amounted to $684.7 million, which increased 11% year over year. Further, the net interest margin (NIM) expanded eight basis points (bps) to 3.43%. We expected NII and NIM to be $697 million and 3.49%, respectively.Total non-interest income was $106.5 million, up 23.6% year over year. The rise was driven by an increase in almost all fee income components, except for customer derivative income. In the reported quarter, the company recorded other investment losses against a gain in the year-ago quarter. We estimated non-interest income to be $87.4 million.Non-interest expenses totaled $290.6 million, up 13.5% from the prior-year quarter’s level. The rise was due to an increase in all cost components except deposit account expense. Our estimate for the same was $284.3 million.The efficiency ratio was 36.73%, up from 36.41% in the prior-year quarter. A rise in the efficiency ratio indicates a deterioration in profitability.As of June 30, 2026, net loans held for investment (HFI) were a record $58.1 billion, reflecting a 1.5% rise sequentially. Further, total deposits rose 1.7% from the previous quarter to a record $70.1 billion. Annualized quarterly net charge-offs were 0.19% of average loans HFI, up eight bps from the prior-year quarter’s level. Non-performing assets totaled $247 million, up 43.9% from the prior-year quarter.However, provision for credit losses was $33 million, down from $45 million in the prior-year quarter. Our estimate for the same was $36 million. As of June 30, 2026, the common equity Tier 1 (CET1) capital ratio was 15.44%, up from 14.51% as of June 30, 2025. The total risk-based capital ratio was 16.75%, up from 15.82% a year ago.Return on average assets was 1.75%, up from 1.62% in the prior-year quarter. Return on average tangible equity was 16.88%, up from 16.39%. In the reported quarter, East West Bancorp did not repurchase any shares. East West Bancorp is well-poised for organic growth with robust loan improvement, solid deposit balances and diversified fee income streams. However, a rise in expenses and a weak asset quality amid the tough operating backdrop are likely to hurt the bottom line. East West Bancorp, Inc. price-consensus-eps-surprise-chart | East West Bancorp, Inc. Quote Currently, EWBC carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Commerce Bancshares Inc.’s CBSH second-quarter 2026 earnings of $1.10 per share surpassed the Zacks Consensus Estimate of $1.04. The bottom line reflected a rise of 1% from the prior-year quarter.CBSH’s results primarily benefited from higher NII and a rise in non-interest income. The sequential rise in loan balances acted as a tailwind. However, higher expenses and provisions hurt CBSH’s results to some extent.F.N.B. Corporation FNB reported second-quarter 2026 earnings of 42 cents per share, which matched the Zacks Consensus Estimate. The bottom line jumped 16.7% year over year.FNB’s results primarily benefited from higher NII, a rise in non-interest income and lower provisions. Higher average loans and deposits were other positives. However, higher non-interest expenses hurt the results to some extent. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report East West Bancorp, Inc. (EWBC) : Free Stock Analysis Report Commerce Bancshares, Inc. (CBSH) : Free Stock Analysis Report F.N.B. Corporation (FNB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Zions Bancorporation’s ZION second-quarter 2026 adjusted earnings of $1.74 per share surpassed the Zacks Consensus Estimate of $1.57. Moreover, the bottom line increased 10.1% from the year-ago quarter.Results were primarily aided by higher net interest income (NII) and growth in non-interest income. Higher sequential loan balance was another positive. However, a rise in non-interest expenses hurt the results to some extent. In the reported quarter, the company recorded a provision expense as against a benefit in the year-ago quarter. Probably because of these negatives, shares of the company lost 2.8% in the after-market hours despite better-than-expected overall performance.The reported quarter’s results excluded net equity investment gains of $215 million on Visa Class B-1 shares and $37 million on SBIC investments. After considering these, net income attributable to common shareholders (GAAP) was $452 million, up 86% year over year. We had projected the metric to be $396 million. Net revenues (taxable-equivalent) were $1.15 billion, up 35% year over year. Adjusted tax-equivalent net revenues were $878 million. The Zacks Consensus Estimate for second-quarter revenues was $879.2 million.NII was $677 million, up 4.5% from the prior-year quarter. The increase was mainly driven by lower funding costs and an improved mix of average interest-earning assets, reflecting growth in higher-yielding loans and a decline in lower-yielding investment securities. The net interest margin (NIM) expanded 10 basis points (bps) year over year to 3.27%. Our estimates for NII and NIM were $671 million and 3.29%, respectively.Non-interest income was $460 million, up significantly from $190 million in the year-ago quarter. The rise was driven by an increase in almost all fee income components, except for dividends and other income. In the reported quarter, the company recorded net securities gains of $269 million, up significantly from $14 million in the prior-year quarter. Adjusted non-interest income was $190 million in the reported quarter. We had projected non-interest income of $186.7 million.Adjusted non-interest expenses were $546 million, up 4.8% year over year. Our estimate for the metric was $551 million.The adjusted efficiency ratio was 62.2%, unchanged from the prior-year quarter. As of June 30, 2026, net loans and leases held for investment were $61.8 billion, up 1.9% from the previous quarter. Total deposits were $76.6 billion, down marginally from the prior quarter. Our estimates for net loans and leases held for investment and total deposits were $62.1 billion and $76.3 billion, respectively. The ratio of non-performing assets to loans and leases and other real estate owned declined to 0.48% from 0.51% in the year-ago quarter. Net loan and lease charge-offs were $9 million, down from $10 million in the prior-year quarter.However, in the reported quarter, the company recorded a provision for credit losses of $3 million against a $1-million provision benefit in the prior-year quarter. We had projected provisions of $16 million. As of June 30, 2026, the common equity tier 1 (CET1) capital ratio was 11.8%, up from 11% in the prior-year quarter. The Tier 1 risk-based capital ratio was 11.9% compared with 11.1% a year ago, while the Tier 1 leverage ratio improved to 9.4% from 8.5% at the end of the year-ago quarter.Return on average assets was 2.01%, up from 1.09% in the year-ago quarter. Return on average tangible common equity was 28.6%, up from 18.7% in the prior-year quarter. During the quarter, the company repurchased 1.2 million shares for $75 million. Zions’ modest loan growth, improving NII, solid fee income growth and strengthening deposit base are encouraging. However, elevated expenses and significant exposure to commercial loans remain key concerns. Zions Bancorporation, N.A. price-consensus-eps-surprise-chart | Zions Bancorporation, N.A. Quote Currently, Zions carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Commerce Bancshares Inc.’s CBSH second-quarter 2026 earnings of $1.10 per share surpassed the Zacks Consensus Estimate of $1.04. The bottom line reflected a rise of 1% from the prior-year quarter.CBSH’s results primarily benefited from higher NII and a rise in non-interest income. The sequential rise in loan balances acted as a tailwind. However, higher expenses and provisions hurt CBSH’s results to some extent.F.N.B. Corporation FNB reported second-quarter 2026 earnings of 42 cents per share, which matched the Zacks Consensus Estimate. The bottom line jumped 16.7% year over year.FNB’s results primarily benefited from higher NII, a rise in non-interest income and lower provisions. Higher average loans and deposits were other positives. However, higher non-interest expenses hurt the results to some extent. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Zions Bancorporation, N.A. (ZION) : Free Stock Analysis Report Commerce Bancshares, Inc. (CBSH) : Free Stock Analysis Report F.N.B. Corporation (FNB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. F.N.B (FNB) just reported second quarter 2026 results that paired year over year revenue growth with a modest miss versus market expectations, which puts net interest income, credit quality and capital returns in sharper focus for investors. See our latest analysis for F.N.B. F.N.B's 2.15% 1 day share price return to $19.49 sits within a broader upswing, with a 13.38% year to date share price return and a 105.73% 5 year total shareholder return suggesting that momentum has been building over time. If this earnings move has you rethinking your sector exposure, it could be a good moment to broaden your research and check out 18 top founder-led companies F.N.B now trades at $19.49 while analyst targets cluster near $21.25 and one intrinsic value estimate sits materially higher, with a roughly 37% gap. Where does a reasonable view of fair value actually land? On the latest numbers, the most followed narrative puts F.N.B fair value at $21.25 versus a last close of $19.49, which naturally raises questions about what is built into that gap. Read the complete narrative. Curious what has to happen on revenue, earnings and margins for that higher value to hold up? The narrative leans on disciplined growth assumptions, tighter profitability and a future earnings multiple that differs from where the wider banks sector currently trades. Result: Fair Value of $21.25 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this F.N.B narrative still leans on confident deposit trends and contained commercial real estate risk, and either pressure point could quickly challenge the current fair value story. Find out about the key risks to this F.N.B narrative. If this F.N.B narrative feels optimistic, use that as a prompt to review the fundamentals yourself and move quickly to shape your own view with 5 key rewards Do not stop with F.N.B. Broaden your watchlist with fresh stock ideas that fit clear goals, from value and income through to balance sheet strength. Target value opportunities that pair quality with price by checking the 49 high quality undervalued stocks. Build an income focused shortlist by reviewing the 8 dividend fortresses. Prioritize resilience and financial strength by scanning the solid balance sheet and fundamentals stocks screener (47 results). This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include FNB. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

F.N.B. Corporation FNB reported second-quarter 2026 earnings of 42 cents per share, which matched the Zacks Consensus Estimate. The bottom line jumped 16.7% year over year.Results primarily benefited from higher net interest income (NII), a rise in non-interest income and lower provisions. Higher average loans and deposits were other positives. However, higher non-interest expenses hurt the results to some extent.Net income available to common shareholders was $148.7 million, up from $130.7 million in the prior-year quarter. Our estimate for net income available to common shareholders was $147.9 million. Total revenues were a record $462.7 million, up 5.6% from the year-ago quarter. However, the top line missed the Zacks Consensus Estimate of $468 million.NII was $365.7 million, up 5.3% from the prior-year quarter. The rise reflected growth in average earning assets and lower interest-bearing deposit costs, partially offset by lower yields on earning assets. The net interest margin (NIM) (FTE basis) expanded 6 basis points (bps) year over year to 3.25%. Our estimates for NII and NIM were pegged at $370.5 million and 3.27%, respectively.Non-interest income was $97 million, up 6.5% year over year. The rise was primarily driven by higher capital markets income, bank-owned life insurance, dividends on non-marketable equity securities, trust services fees and other income. Our estimate for the metric was $94.9 million.Non-interest expenses were $253.2 million, up 2.9% year over year. The rise was due to an increase in almost all cost components, except for marketing costs, FDIC insurance expenses and other costs. Our estimate for non-interest expenses was $254.7 million.At the end of the second quarter, average total loans and leases were $35.5 billion, up 2.9% from the prior-year quarter, while average total deposits were $38.7 billion, up 4.1%. Our estimates for average total loans and leases and average total deposits were $35.4 billion and $39.3 billion, respectively. FNB’s provision for credit losses was $21.4 million, down 16.6% from the prior-year quarter. Our estimate for provisions was $23 million. Net charge-offs were $17 million, down from $21.8 million a year ago.Also, the ratio of non-performing loans plus other real estate owned (OREO) to total loans and leases plus OREO decreased 3 bps year over year to 0.31%. However, total delinquency increased 9 bps to 0.71%. As of June 30, 2026, the common equity Tier 1 (CET1) ratio was 11.4%, up from 10.8% in the prior-year quarter. Tangible common equity to tangible assets ratio (non-GAAP) increased to 8.93% from 8.47%. In the second quarter, F.N.B. Corp repurchased 2.7 million shares for $47 million at a weighted average share price of $17.46. Weak asset quality and huge commercial loan exposure are expected to hurt FNB’s financials to an extent in the near term. Persistently rising expenses, mainly because of the company’s continued investments in franchise and digitization efforts, will likely hurt the bottom line. F.N.B. Corporation price-consensus-eps-surprise-chart | F.N.B. Corporation Quote Currently, FNB carries a Zacks Rank #4 (Sell).You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. The Bank of New York Mellon Corporation’s BNY second-quarter 2026 adjusted earnings of $2.46 per share handily surpassed the Zacks Consensus Estimate of $2.20. The bottom line increased 26.8% from the year-ago quarter.BNY’s results primarily benefited from a rise in fee revenues and NII. Also, the company recorded a provision benefit in the quarter, which was a tailwind.Bank of America’s BAC second-quarter 2026 earnings of $1.21 per share handily surpassed the Zacks Consensus Estimate of $1.13. The bottom line grew 34.4% year over year.BAC recorded an improvement in trading numbers for the 17th straight quarter. The company’s investment banking performance was solid this time as well. These, along with higher NII, drove Bank of America’s total revenues. While provisions declined in the quarter on a year-over-year basis, non-interest expenses increased, which hurt the results to some extent. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report F.N.B. Corporation (FNB) : Free Stock Analysis Report Bank of America Corporation (BAC) : Free Stock Analysis Report BNY (BNY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in F.N.B. Corporation? Here are five stocks we like better. F.N.B. posted a strong second quarter with EPS up 17% year over year to $0.42 and record revenue of $463 million, while tangible book value per share rose 10% to $12.24. The bank also repurchased $47 million of stock and kept capital metrics solid. Loan growth remained healthy, led by commercial and industrial, consumer, and seasonal mortgage lending, while deposits grew at a 3% annualized pace and non-interest-bearing balances stayed above $10 billion. Credit quality was stable to improving, with delinquencies and nonperforming loans both declining. Management reduced full-year net interest income guidance to $1.485 billion-$1.515 billion because of deposit competition and lower short-term rates, though it kept loan and deposit growth guidance in the mid-single digits. The company also trimmed its full-year provision outlook on stronger-than-expected credit performance. F.N.B. (NYSE:FNB) reported stronger second-quarter 2026 earnings, record revenue and continued balance sheet growth, while management lowered its full-year net interest income outlook, citing deposit competition and the impact of changes in short-term rates. Chairman, President and CEO Vince Delie said earnings per share rose 17% from a year earlier to $0.42, with net income of $149 million. Total revenue reached a record $463 million, including net interest income of $366 million and non-interest income of $97 million. Delie said the results helped drive a 9% year-over-year increase in pre-provision net revenue and positive operating leverage. → Why ASML’s AI Monopoly Is Still Getting Stronger The company also reported tangible book value per common share of $12.24, up 10% from a year earlier. F.N.B. repurchased $47 million, or 2.7 million shares, during the quarter at a weighted average price of $17.46. Management said capital remained strong, with a tangible common equity ratio near 9% and return on average tangible common equity of 14%. Period-end loans rose at a 7.5% annualized rate from the prior quarter, with Delie pointing to growth in commercial and industrial lending, consumer lending and seasonal residential mortgage production. He said C&I growth of 8% annualized on a linked-quarter basis was driven by lower risk-rated, high-quality commercial borrowers. → Cintas Keeps Beating Expectations—And the Story Isn’t Over Chief Financial Officer Vince Delie said spot total loans and leases ended the quarter at $35.8 billion. Consumer loans increased $547 million, while commercial loans and leases rose $111 million. C&I loans and commercial leases were up more than 8% annualized, primarily due to growth in the Mid-Atlantic and Pittsburgh markets. Commercial real estate balances declined $129 million linked quarter as expected payoffs continued. Management said residential mortgage growth was partly seasonal and tied to the company’s physician lending program. During the question-and-answer session, executives said the second quarter is typically the seasonal peak for that business as physicians leave school and move into hospital roles. → Blueprint for a Billion: Nebius Group Secures the AI Floor F.N.B. said average total deposits grew at a 3% annualized pace, supported by non-interest-bearing balances, low-cost transaction deposits and time deposits. Spot non-interest-bearing deposits increased $53 million and exceeded $10 billion for the second consecutive quarter, remaining at 26% of total deposits. The company reported a second-quarter net interest margin of 3.25%, unchanged from the prior quarter. Net interest income increased more than 7% on a linked-quarter annualized basis. Total earning asset yields fell one basis point to 5.13%, while total cost of funds declined two basis points to 1.99%. F.N.B. lowered its full-year net interest income guidance to a range of $1.485 billion to $1.515 billion. The company said the revision reflected first-half results and an expectation that heightened deposit competition will continue. Management’s outlook assumes no Federal Reserve interest rate actions in 2026. Third-quarter net interest income is projected at $375 million to $385 million. In response to an analyst question, the chief financial officer said second-quarter net interest income was affected by a decline in one-month SOFR, tighter spreads on higher-quality loans and the competitive deposit environment. He said F.N.B. has about $13 billion of loans tied to one-month SOFR. He also noted that the June net interest margin was 3.27%, a couple of basis points above the full-quarter level. Executives said public funds deposits typically build in the second half of the year. The chief financial officer estimated the seasonal surge has historically been about $500 million, plus or minus a few hundred million dollars. Management also pointed to a treasury management deposit pipeline of more than $1 billion, though some larger relationships have longer lead times. Chief Credit Officer Gary Guerrieri said asset quality metrics improved during the quarter. Delinquencies and nonperforming loans and OREO each decreased three basis points from the prior quarter, totaling 71 basis points and 31 basis points, respectively. Net charge-offs were 19 basis points, up one basis point from the prior quarter. Guerrieri said criticized loans declined slightly in the quarter and were down 68 basis points from a year earlier. Funded provision expense totaled $21.3 million, supporting loan growth. The ending funded reserve stood at $447 million, or 1.25% of loans. Including acquired unamortized loan discounts, the reserve was 1.3%, and nonperforming loan coverage was 420%. Guerrieri said the company continues to maintain qualitative overlays for potential supply chain impacts related to events in the Middle East and tariff uncertainty. He described the consumer portfolio as “very strong,” with average origination FICO scores of 784, delinquency of 66 basis points and charge-offs of six basis points. Non-interest income totaled $97 million, up 6.5% from the second quarter of 2025. Capital markets income increased 16% to $8 million, helped by debt capital markets, interest rate derivatives, international banking and early contributions from investment banking and public finance. Wealth management revenue rose nearly 8% year-over-year to $22 million. Non-interest expense was $253 million, up 2.9% from a year earlier. Salaries and benefits increased 4.4%, occupancy and equipment rose 5.1%, and outside services increased 11.6%. The efficiency ratio was 53.7%, down more than 100 basis points from the year-ago quarter. Delie highlighted F.N.B.’s use of data analytics and technology, including its proprietary eStore and Common App. He said the company is developing an AI-enabled customer aggregation and insight tool called Insight 360, which is expected to go live by the end of the year. Management said the tool is intended to help clients and bankers optimize banking relationships and improve product penetration. F.N.B. maintained its full-year guidance for period-end loans and deposits to grow in the mid-single digits. Full-year non-interest income guidance remained $370 million to $390 million, with third-quarter levels expected between $93 million and $98 million. Full-year non-interest expense guidance was tightened to $1.01 billion to $1.02 billion, with management expecting to be toward the high end of that range. Third-quarter expenses are expected to be $255 million to $260 million. The company lowered its full-year provision guidance to $80 million to $95 million from $85 million to $105 million, citing favorable first-half credit performance. Management said the final result will depend on loan growth and charge-off activity. The full-year effective tax rate is expected to be 21% to 22%, excluding any investment tax credit activity. Delie closed the call by saying management expects “a really strong ending to the year,” citing momentum across several areas of the business. F.N.B. Corporation is a bank holding company headquartered in Pittsburgh, Pennsylvania. Through its principal subsidiary, FNB Bank, the company provides a broad range of commercial and consumer financial services. Founded in 1864 as the First National Bank of Pennsylvania, F.N.B. has grown through both organic expansion and strategic acquisitions to become a regional banking franchise. The company's main business activities include traditional deposit-taking and lending services, such as checking and savings accounts, mortgages, home equity lines of credit, and consumer and commercial loans. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "F.N.B. Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

This article first appeared on GuruFocus. Earnings Per Share (EPS): $0.42, a 17% year-over-year increase. Net Income: $149 million. Total Revenue: $463 million, a record high. Net Interest Income: $366 million. Non-Interest Income: $97 million. Tangible Book Value Per Common Share: Increased 10% to $12.24. Share Repurchases: $47 million or 2.7 million shares at $17.46 average price. Return on Average Tangible Common Equity: 14%. Period-End Loans: Increased 7.5% annualized linked-quarter. Total Average Deposits Growth: 3% annualized. Non-Interest-Bearing Deposit Balances: Over $10 billion, 26% of total deposits. Wealth Management Revenue: Up 8% year-over-year. Net Charge-Offs: 19 basis points. Funded Provision Expense: $21.3 million. Ending Funded Reserve: $447 million, 1.25% of loans. Loan-to-Deposit Ratio: 92.5%. Net Interest Margin (NIM): 3.25%. Non-Interest Expense: $253 million, a 2.9% increase year-over-year. Efficiency Ratio: 53.7%. Share Repurchase Authorization Remaining: Over $250 million. Common Dividend Increase: Reflects strong financial performance. Third-Quarter Net Interest Income Guidance: $375 million to $385 million. Full-Year Net Interest Income Guidance: $1.485 billion to $1.515 billion. Full-Year Non-Interest Income Guidance: $370 million to $390 million. Full-Year Non-Interest Expense Guidance: $1.01 billion to $1.02 billion. Full-Year Provision Guidance: $80 million to $95 million. Full-Year Effective Tax Rate: 21% to 22%. Warning! GuruFocus has detected 8 Warning Signs with FNB. Is FNB fairly valued? Test your thesis with our free DCF calculator. Release Date: July 17, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. F N B Corp (NYSE:FNB) reported a 17% year-over-year increase in earnings per share to $0.42, with net income reaching $149 million. The company achieved record revenue of $463 million, driven by net interest income of $366 million and non-interest income of $97 million. Tangible book value per common share increased by 10% year-over-year, reflecting strong profitability and capital generation. FNB's capital levels remained robust, with a TCE ratio of nearly 9% and a return on average tangible common equity of 14%. The company demonstrated strong loan growth, with period-end loans increasing by 7.5% on an annualized linked-quarter basis, led by commercial and industrial, consumer lending, and residential mortgage production. Net interest income guidance was revised downward due to heightened deposit competition and tighter loan spreads. The competitive environment for deposits remains challenging, impacting the ability to reduce interest-bearing deposit costs. CRE balances were impacted by payoffs, resulting in a $129 million linked-quarter decline. The company faces ongoing geopolitical and economic volatility, which could impact credit quality and loan growth. Operating expenses increased by 2.9% from the year-ago quarter, driven by higher salaries, technology investments, and third-party costs. Q: What were the main factors contributing to the reduction in net interest income guidance for FNB Corp? A: Vincent Calabrese, Chief Financial Officer, explained that the reduction was due to a decline in one-month SOFR, which affected $13 billion worth of loans tied to it. The competitive environment for deposits and tighter spreads on high-quality, lower-risk loans also contributed. However, they expect a bounce back in SOFR and seasonal deposit growth to positively impact future quarters. Q: How does FNB Corp view the current mix of its loan portfolio, particularly with the shift from CRE to residential mortgages? A: Vincent Delie, CEO, stated that while residential mortgage growth has been strong, it is not the primary driver for interest income. The company aims for balanced growth across the portfolio. CRE runoff is expected to stabilize, and the pipeline for commercial real estate is at a record level, indicating potential growth in that segment. Q: What is the outlook for FNB Corp's deposit growth and cost management in the coming quarters? A: Vincent Delie highlighted that FNB Corp expects seasonal inflows from municipal deposits and strong treasury management pipelines to support deposit growth. The company has been successful in maintaining a lower cost of deposits compared to peers, and they continue to focus on strategic pricing and customer engagement to manage costs effectively. Q: How does FNB Corp plan to manage its capital and buyback strategy in light of the Basel III proposal? A: Vincent Calabrese noted that the Basel III proposal could result in an 80 to 100 basis point increase in capital ratios. FNB Corp plans to reassess its capital allocation strategy once the final rules are confirmed. The company views buybacks as an attractive capital management tool and aims to maintain a stable CET1 ratio around current levels. Q: What are the key drivers for fee income growth at FNB Corp, and how do they plan to enhance this revenue stream? A: Vincent Delie emphasized opportunities in investment banking, derivatives, and wealth management as key drivers for fee income growth. The company is optimistic about its new business lines and expects continued contributions from these areas. Additionally, FNB Corp is investing in technology and AI tools like Insight360 to drive fee income and optimize customer relationships. For the complete transcript of the earnings call, please refer to the full earnings call transcript.