Quarterly Results
Margin
The net interest margin (FTE, non-GAAP) was 3.28%, up 24 basis points from Q4 2024 driven by lower funding costs. Non-interest income contributed to total revenue supported by wealth management, service fees, and other fee-based businesses.
Asset Quality
Average loans and leases totaled $35 billion, up 3.4% from Q4 2024 led by consumer lending. Average deposits rose 4.5% to $38.6 billion. Growth was concentrated in demand deposits while time deposits declined. The loan-to-deposit ratio improved to 89.7% from 91.5% a year earlier. Asset quality remained stable. The provision for credit losses was $18.9 million and net charge-offs were 0.19% of average loans.
Capital
Capital levels strengthened with estimated CET1 capital ratio of 11.4%. Non-GAAP tangible book value per common share increased approximately 13% to $11.87.
Full Year Results
For the full year 2025, net income available to common shareholders was $565.4 million or $1.56 per diluted share. On an operating basis, full-year diluted earnings per share were $1.59. Total annual revenue reached approximately $1.8 billion, a record for the company.
Share Price
F.N.B. shares have traded in a 52-week range of $10.88 to $17.93. In recent months, the stock has traded nearer the upper end of that range.