Company Quick10K Filing
FNB
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 326 $3,765
10-Q 2019-11-07 Quarter: 2019-09-30
10-Q 2019-08-06 Quarter: 2019-06-30
10-Q 2019-05-07 Quarter: 2019-03-31
10-K 2019-02-26 Annual: 2018-12-31
10-Q 2018-11-07 Quarter: 2018-09-30
10-Q 2018-08-07 Quarter: 2018-06-30
10-Q 2018-05-10 Quarter: 2018-03-31
10-K 2018-02-28 Annual: 2017-12-31
10-Q 2017-11-06 Quarter: 2017-09-30
10-Q 2017-08-04 Quarter: 2017-06-30
10-Q 2017-05-08 Quarter: 2017-03-31
10-K 2017-02-23 Annual: 2016-12-31
10-Q 2016-11-07 Quarter: 2016-09-30
10-Q 2016-08-05 Quarter: 2016-06-30
10-Q 2016-05-06 Quarter: 2016-03-31
10-K 2016-02-26 Annual: 2015-12-31
10-Q 2015-11-06 Quarter: 2015-09-30
10-Q 2015-08-07 Quarter: 2015-06-30
10-Q 2015-05-08 Quarter: 2015-03-31
10-K 2015-02-27 Annual: 2014-12-31
10-Q 2014-11-07 Quarter: 2014-09-30
10-Q 2014-08-08 Quarter: 2014-06-30
10-Q 2014-05-09 Quarter: 2014-03-31
10-K 2014-02-28 Annual: 2013-12-31
10-Q 2013-11-08 Quarter: 2013-09-30
10-Q 2013-08-08 Quarter: 2013-06-30
10-Q 2013-05-09 Quarter: 2013-03-31
10-K 2013-02-28 Annual: 2012-12-31
10-Q 2012-11-08 Quarter: 2012-09-30
10-Q 2012-08-08 Quarter: 2012-06-30
10-Q 2012-05-09 Quarter: 2012-03-31
10-K 2012-02-28 Annual: 2011-12-31
10-Q 2011-11-08 Quarter: 2011-09-30
10-Q 2011-08-05 Quarter: 2011-06-30
10-Q 2011-05-06 Quarter: 2011-03-31
10-K 2011-02-25 Annual: 2010-12-31
10-Q 2010-11-05 Quarter: 2010-09-30
10-Q 2010-08-05 Quarter: 2010-06-30
10-Q 2010-05-07 Quarter: 2010-03-31
10-K 2010-02-26 Annual: 2009-12-31
8-K 2019-10-17
8-K 2019-09-23 Other Events, Exhibits
8-K 2019-07-23 Earnings, Exhibits
8-K 2019-05-15 Shareholder Vote
8-K 2019-04-23 Earnings, Exhibits
8-K 2019-04-22 Officers, Exhibits
8-K 2019-02-11 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-02-06 Regulation FD, Exhibits
8-K 2019-01-22 Earnings, Exhibits
8-K 2018-10-23 Earnings, Exhibits
8-K 2018-07-24 Earnings, Exhibits
8-K 2018-06-07 Other Events, Exhibits
8-K 2018-05-29 Other Events, Exhibits
8-K 2018-05-16 Shareholder Vote
8-K 2018-04-24 Earnings, Exhibits
8-K 2018-04-02 Officers, Exhibits
8-K 2018-01-23 Earnings, Exhibits

FNB Financials

FNB Metrics, Comps, Filings

Annual | Quarterly

Business

We are a financial holding company under the Gramm-Leach-Bliley Act of 1999. We were formed in 1974 as a bank holding company and are headquartered in Pittsburgh, Pennsylvania. With our subsidiaries, we have been in business since 1864. We completed a redomestication from the State of Florida to the Commonwealth of Pennsylvania on August 30, 2016. The redomestication was effected pursuant to a plan of conversion approved by our Board of Directors and stockholders. As a result of the redomestication, we are organized under and subject to Pennsylvania law, and remain the same entity that existed before the redomestication, with the same legal existence without interruption, and are deemed to have commenced our existence as of the time we were incorporated under Florida law in 2001. We were originally incorporated in 1974 in Pennsylvania and reincorporated in Florida in 2001 after experiencing substantial growth of our business and operations in Florida in prior years. In 2004, we spun-off our Florida operations in a newly formed public company and refocused on growing our markets in Pennsylvania. Since that time, the majority of our assets, operations and employees have been located in Pennsylvania.

The redomestication did not cause any change in the business, physical location, management, assets, debts or liabilities of FNB. All individuals who served as directors, officers and employees of FNB prior to the redomestication continued to serve in those capacities after the redomestication. Except for the change in the state law governing our legal existence, the redomestication did not affect our common stock or Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E shares or the trading of those securities on the NYSE under the symbols "FNB" and "FNBPrE," respectively.

As a diversified financial services holding company, FNB, through our subsidiaries, provides a full range of financial services, principally to consumers, corporations, governments and small- to medium-sized businesses in our market areas through our subsidiary network, which is led by our largest subsidiary, FNBPA. Our business strategy focuses primarily on providing quality, consumer- and commercial-based financial services adapted to the needs of each of the markets we serve. We seek to maintain our community orientation by providing local management with certain autonomy in decision making, enabling them to respond to customer requests more quickly and to concentrate on transactions within their market areas. We seek to preserve some decision making at a local level, however, we have centralized legal, loan review, credit underwriting, accounting, investment, audit, loan operations, deposit operations and data processing functions. The centralization of these processes enables us to maintain consistent quality of these functions and to achieve certain economies of scale.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Western Alliance (WAL) 4,495 4.6 2% 25,315 22,464 0 0 484 740 3,428
Pinnacle Financial Partners (PNFP) 4,360 6.0 1% 26,540 22,364 0 0 383 731 4,360
Sterling Bancorp (STL) 4,324 0% 9.6 1% 30,238 25,778 26 0 432 842 8,115
Webster Financial (WBS) 4,190 0% 6.8 1% 28,942 25,877 208 0 397 666 4,511
First Financial (FFIN) 4,187 19.5 2% 7,979 6,815 0 0 159 215 4,187
Wintrust Financial (WTFC) 4,141 0% 5.2 1% 33,642 30,195 1,055 0 342 736 3,840
Iberiabank (IBKC) 4,023 5.7 1% 31,447 27,209 0 0 433 805 4,609
FNB (FNB) 3,765 6.0 1% 33,903 29,150 0 0 390 765 4,604
United Bankshares (UBSI) 3,716 10.6 1% 19,883 16,549 0 0 259 498 5,264
First Hawaiian (FHB) 3,461 0% 6.9 1% 20,526 17,867 752 0 270 462 3,177
Valley National Bancorp (VLY) 3,439 5.4 1% 33,028 29,524 0 0 336 889 4,784
Associated BancCorp (ASB) 3,433 0% 4.6 1% 33,273 29,373 1,232 0 346 805 3,673
Hancock Whitney (HWC) 3,415 10.5 0% 28,762 25,443 0 0 0 311 3,283
Glacier Bancorp (GBCI) 3,406 0% 11.0 2% 12,676 10,989 79 0 200 289 3,175
Community Bank System (CBU) 3,370 9.4 2% 10,745 8,936 0 0 171 267 2,495
Bank of Hawaii (BOH) 3,345 8.2 1% 17,689 16,403 0 0 227 360 2,966
MB Financial (MBFI) 3,338 8.5 1% 20,207 17,172 0 0 214 356 3,037
TCF Financial (TCF) 3,265 6.1 1% 24,419 21,773 0 0 310 764 4,642
Home Bancshares (HOMB) 3,159 9.4 0% 15,288 12,866 0 0 0 276 2,602
UMB Financial (UMBF) 3,095 3.5 1% 24,016 21,538 0 0 198 458 1,601

Balance Sheet ($MM)2010-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash132146129228164479488
Accounts Receivable
Inventory
PP&E116287169159244337330
Assets8,9602,1802,4092,58021,84531,41833,102
Accounts Payable
Long-Term Debt192144483158148668627
Liabilities7,89440638748347927,00828,494
Stockholders' Equity1,0661,7742,0212,0962,5724,4094,608
Income Statement ($MM)2010-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue90102101125
Cost of Revenue
Gross Profit
R&D
SG&A56881012
Tax283427626015779
Net Income75118144160171199373
Cash Flow ($MM)2010-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating163688889293279611
Cash Investing-511-06-6-75-1,529-1,920
Cash Financing168-36-110158491,3591,318