F.n.b. Corporation · NYSE:FNB
F.n.b — Q3 2026 Earnings Presentation
30 slides from F.n.b's earnings presentation, Oct 20, 2026
Slide 1: F.N.B. Corporation Earnings Presentation Third Quarter 2026
F.N.B. Corporation Earnings Presentation Third Quarter 2026 October 20, 2026
Slide 2: Cautionary Statement Regarding Forward-Looking Information
Cautionary Statement Regarding Forward-Looking Information This document contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are those that do not relate to historical facts and that are based on current assumpt
Slide 3: Use of Non-GAAP Financial Measures and Key Performance Indicators
Use of Non-GAAP Financial Measures and Key Performance Indicators To supplement our Consolidated Financial Statements presented in accordance with GAAP, we use certain non-GAAP financial measures, such as operating net income available to common shareholders, operating earnings per diluted common sh
Slide 4: Financial Highlights
Financial Highlights Third Quarter 2026 Highlights ❖ Earnings per diluted common share increased 4.9% year-over-year to $0.43 with net income of $152.9 million. o Year-to-date earnings per diluted common share increased 12.8% to $1.23. ❖ Revenue growth of 5.5% annualized, linked-quarter, driven by r
Slide 5: Strong Financial Performance
Strong Financial Performance Solid Profitability 14.1% 1.27% 53.7% 3.29% Metrics ROATCE(1) ROATA(1) Efficiency Net Interest Quarter Ended September 30, 2026 Ratio(1)(2) Margin(1)(2) Significant Capital, 8.7% 11.3% 1.25% 92.4% Reserves & Liquidity TCE/TA(1) CET1(4) ACL Ratio Loan-to-Deposit as of Sep
Slide 6: FNB's Long-Term Transformation
FNB’s Long-Term Transformation Since 2009(1), FNB’s leadership team has transformed the Company and developed a sustainable long- term business model leading to optimal capital deployment that benefits our shareholders. Increase Market Share and Enhance Performance with Investments in Geographic Div
Slide 7: Third Quarter Financial Highlights
Third Quarter Financial Highlights 3Q26 2Q26 3Q25 Net income (millions) $152.9 $148.7 $149.5 Reported Earnings per diluted common share $0.43 $0.42 $0.41 Results Book value per common share $19.42 $19.34 $18.52 Operating net income (millions)(1) $152.9 $148.7 $147.7 (1) Operating earnings per dilute
Slide 8: Asset Quality Ratios
Asset Quality Ratios Asset quality metrics remain at solid levels and FNB will continue to manage risk proactively as part of our core credit philosophy. NCO’s (Annualized) to Average Loans NPL’s and OREO to Loans and OREO 0.22% 0.19% 0.18% 0.19% 0.37% 0.31% 0.34% 0.31% 0.33% 0.12% 3Q25 4Q25 1Q26 2Q
Slide 9: Asset Quality
Asset Quality $ in millions, unless otherwise stated 3Q26 2Q26 3Q25 3Q26 Highlights Delinquency 0.75% 0.71% 0.65% o Delinquency of 0.75% remains near historically low levels. o NPLs+OREO ended the quarter at NPLs+OREO/Total loans and leases + OREO 0.33% 0.31% 0.37% 33 basis points, an increase of 2
Slide 10: Loan Portfolio Mix
Loan Portfolio Mix Highly diversified loan portfolio with a focus on concentration management. Total Loan Portfolio as of September 30, 2026 59% Total Commercial Loans & Leases Owner-Occupied 11% ❖ Continued focus on core C&I lending activity with traditional middle market customers. ❖ Minimal NDFI
Slide 11: Commercial Loans and Leases Portfolio Detail
Commercial Loans and Leases Portfolio Detail Granular commercial loan portfolio across industry and product C&I and Owner Occupied CRE(1)(2) Non-Owner Occupied CRE(1) as of September 30, 2026 as of September 30, 2026 Manufacturing Residential: 22% Multifamily 28% Retail Arts, Ent. & Rec Retail Trade
Slide 12: Balance Sheet Highlights
Balance Sheet Highlights Average, $ in millions 3Q26 2Q26 3Q25 QoQ ∆(1) YoY ∆ 3Q26 Highlights o Growth in securities reflects Securities $8,047 $7,971 $7,615 1.0% 5.7% opportunistic reinvestment at yields ~200 bps higher than roll-off yields. Total Loans 36,115 35,501 34,814 1.7% 3.7% o Commercial l
Slide 13: Deposit Composition
Deposit Composition FNB Maintains a Favorable Deposit Mix while Continuing to Grow Deposits. Total Period-End Deposits(1) (2009 – 3Q26) ($ in billions) 2009 3Q26 Δ $38.8 $39.6 $37.1 NIB Deposits 16% 26% +10% $34.8 $34.7 Time Deposits 35% 18% -17% $31.7 26% 26% 26% $29.1 34% 29% $24.8 34% $23.5 $22.4
Slide 14: Revenue Highlights
Revenue Highlights $ in thousands, unless otherwise stated 3Q26 2Q26 3Q25 QoQ Δ(2) YoY Δ 3Q26 Highlights Total interest income $595,980 $578,013 $595,972 3.1% 0.0% o Record net interest income increased linked-quarter, primarily due to growth in earning assets, Total interest expense 219,458 212,290
Slide 15: Balance Sheet Repricing
Balance Sheet Repricing Loan Repricing Frequency as of September 30, 2026 18,000,000 45.3% ❖ ~45% of loans reprice within 3 months. Other Total Loans and ❖ ~$1.0 billion annualOther cash flow from the investment 16,000,000 Other 36.6% Leases: $36.5 billion portfolio with a roll-off yield of ~2.99%.
Slide 16: Non-Interest Income
Non-Interest Income $ in thousands, unless otherwise stated 3Q26 2Q26 3Q25 QoQ Δ(1) YoY Δ 3Q26 Highlights Service charges $24,515 $23,749 $23,191 3.2% 5.7% o Services charges and interchange and card transaction fees increased linked quarter, both Interchange and card transaction fees 13,494 13,303
Slide 17: Strategic Objective to Drive Diversified Fee Income Growth
Strategic Objective to Drive Diversified Fee Income Growth ❖ Priority to continuously make strategic investments to develop and expand new high-value business units that complement our existing products and services. ❖ FNB has established or significantly expanded 11 business lines that are now mult
Slide 18: Non-Interest Expense
Non-Interest Expense $ in thousands, unless otherwise stated 3Q26 2Q26 3Q25 QoQ Δ(2) YoY Δ 3Q26 Highlights Salaries and employee benefits $132,848 $135,603 $131,575 (2.0%) 1.0% o Salaries and employee benefits decreased linked quarter primarily Occupancy and equipment 51,038 49,717 44,823 2.7% 13.9%
Slide 19: Strong Capital Position
Strong Capital Position FNB’s capital levels provide ample flexibility to grow the balance sheet and optimize shareholder returns while appropriately managing risk. TCE Ratio(1) CET1 Ratio 8.9% 8.9% 8.9% 11.4% 8.7% (5) 11.4% 11.4% 11.3%(6) 8.2% 10.6% 7.8% 10.0% 7.6% 9.8% 9.9% 9.8% 7.4% 7.2% 7.2% 9.4
Slide 20: 2026 Financial Objectives
2026 Financial Objectives Implied 4Q26 FY 2026 Guidance (2) Commentary Midpoint Loan growth anticipated across the portfolio driven by increasing Spot Loans Mid-single digit growth market share and our diverse geographic footprint. Balance Sheet(1) Deposit growth driven by continued deepening custom
Slide 21: 2026 Peer Group Listing
2026 Peer Group Listing Ticker Institution Ticker Institution ASB Associated Banc-Corp. KEY Key Corp. BKU BankUnited, Inc. PNFP Pinnacle Financial Partners BOKF BOK Financial Corp. SFNC Simmons First National Corp. CBSH Commerce Bancshares, Inc. SSB SouthState Corp. CFR Cullen/Frost Bankers, Inc. TC
Slide 22: Non-GAAP to GAAP Reconciliation
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Slide 23: Non-GAAP to GAAP Reconciliation
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Slide 24: Non-GAAP to GAAP Reconciliation
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Slide 25: Non-GAAP to GAAP Reconciliation
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Slide 26: Non-GAAP to GAAP Reconciliation
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Slide 27: Non-GAAP to GAAP Reconciliation
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Slide 28: Non-GAAP to GAAP Reconciliation
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Slide 29: Non-GAAP to GAAP Reconciliation
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Slide 30: Non-GAAP to GAAP Reconciliation
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