F.N.B Corp. (FNB) Banks on Loans, Rates Amid Weak Asset Quality
FNBFNB(FNB) Zacks Investment Research·2024-03-07 23:31

F.N.B Corp. (FNB) is well-poised for revenue growth on the back of steady loan demand and strong fee income. Higher interest rates and a strong balance sheet position will continue to support its financials. However, rising expenses and weak asset quality remain major near-term concerns. F.N.B. Corp. is focused on its revenue growth strategy. The company’s revenues witnessed a five-year (2018- 2023) compound annual growth rate (CAGR) of 5.4%, despite recording a decline in 2021 due to lower rates and a dism ...