F.N.B. Corp Q3 Earnings Lag on Lower NII & Higher Costs, Stock Dips (Revised)
FNBFNB(FNB) ZACKS·2024-10-21 19:05

Shares of F.N.B. Corporation (FNB) lost 5.7% in after-market trading following the release of its lower-than-expected third-quarter 2024 results. Adjusted earnings per share of 34 cents lagged the Zacks Consensus Estimate of 36 cents. Moreover, the bottom line reflected a decline of 15% from the prior-year quarter’s level.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The results were primarily affected by higher expenses and lower net interest income (NII). Nonetheless, a higher n ...