F.N.B. (NYSE:FNB) Posts Earnings Results, Beats Expectations By $0.01 EPS

F.N.B. (NYSE:FNB) posted its earnings results on Tuesday. The bank reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.01, Briefing.com reports. F.N.B. had a net margin of 25.13% and a return on equity of 8.43%. The firm had revenue of $300.48 million during the quarter, compared to analyst estimates of $305.55 million. During the same period in the previous year, the firm earned $0.30 EPS.

NYSE:FNB opened at $12.37 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.85 and a current ratio of 0.85. The company has a fifty day moving average of $12.55 and a two-hundred day moving average of $11.87. The stock has a market capitalization of $4.07 billion, a PE ratio of 10.57, a P/E/G ratio of 1.20 and a beta of 1.30. F.N.B. has a fifty-two week low of $10.23 and a fifty-two week high of $12.93.

A number of analysts recently issued reports on FNB shares. Raymond James increased their price target on shares of F.N.B. from $13.00 to $14.00 and gave the stock an “outperform” rating in a report on Monday, September 30th. Stephens cut their price target on F.N.B. from $14.50 to $14.00 and set an “overweight” rating for the company in a research note on Wednesday. TheStreet raised F.N.B. from a “c+” rating to a “b-” rating in a report on Monday, November 4th. ValuEngine upgraded F.N.B. from a “strong sell” rating to a “sell” rating in a research report on Tuesday, January 7th. Finally, Wells Fargo & Co raised their price objective on F.N.B. from $13.00 to $14.00 and gave the company an “outperform” rating in a report on Friday, October 18th. One research analyst has rated the stock with a sell rating and five have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $13.80.

About F.N.B.

F.N.B. Corporation, a financial holding company, provides a range of financial services primarily to consumers, corporations, governments, and small- to medium-sized businesses. The company operates through three segments: Community Banking, Wealth Management, and Insurance. It offers commercial banking solutions, including corporate and small business banking, investment real estate financing, business credit, capital market, and lease financing services.

Read More: Are sell-side analysts objective?

Earnings History for F.N.B. (NYSE:FNB)

Receive News & Ratings for F.N.B. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for F.N.B. and related companies with MarketBeat.com's FREE daily email newsletter.