F.N.B. Corp reports Q3 2026 earnings with record net interest income and modest revenue miss
F.N.B. Corporation posted third‑quarter 2026 net income of $152.9 million, or $0.43 per diluted share, matching analyst expectations. Net interest income reached a record $376.5 million and the net interest margin expanded to 3.29%, while loan and deposit balances grew 8.5% and 8.9% on an annualized linked‑quarter basis. Total revenue was $469.1 million, $7.1 million below consensus, and the company repurchased $51 million of common stock during the quarter.
Why it matters
The record net interest income and margin expansion signal strong core banking profitability, but the revenue shortfall may temper enthusiasm, as noted by investors reacting with a modest post‑earnings price decline. The $51 million share repurchase reflects ongoing capital return to shareholders, which could support the stock’s valuation.
Key facts
- 1Net income was $152.9 million, up from $149.5 million a year earlier. prnewswire.com
- 2Earnings per diluted share were $0.43, matching expectations. prnewswire.com
- 3Net interest income totaled $376.5 million, a linked‑quarter increase of 3.0%. prnewswire.com
- 4Net interest margin (non‑GAAP) was 3.29%, up 4 basis points from the prior quarter. prnewswire.com
- 5Annualized loan growth was 8.5% linked‑quarter. prnewswire.com
- 6Annualized deposit growth was 8.9% linked‑quarter. prnewswire.com
Summary written by AlphAI AI Desk from 15 of 15 sources. Not investment advice. Figures are as stated by the linked sources.