F.N.B. Corp (FNB) said after close Wednesday that it broke even in quarter three 2023.
In the same quarter a year ago, the company earned $0.39 per share on revenue of $379.6 million.
The stock is up 2% to $11.24 after the report.
F.N.B. Corp's profit margins maintained as both earnings and revenue declined at the same pace.
The average recommendation from Wall Street analysts was a Buy which may get revised based on this new data.
Trading in the five days leading up to the report earned F.N.B. Corp a Bearish Sentiment Rank from InvestorsObserver.
Prior to the report, InvestorsObserver gave the stock an overall score of 26. Meanwhile, the average Wall Street analyst rated the stock a Buy.
F N B Corp is a bank holding and diversified financial-services company that operates in various geographical regions which are Pittsburgh, Baltimore, Cleveland, Charlotte, Raleigh-Durham, and the Piedmont Triad. FNB provides a full range of commercial banking, consumer banking, and wealth management through a subsidiary network. Its largest affiliate is the First National Bank of Pennsylvania. Its reportable segments are community banking; wealth management; insurance; and. A majority of FNB's loan portfolio is in commercial real estate, while most of its revenue is net interest income.