F.N.B. Corporation (FNB) reported strong Q4 2025 results with higher revenue, net interest income and earnings compared with the same period in 2024.
Quarterly Results
Net income available to common shareholders was $168.7 million or $0.47 per diluted share versus $109.9 million or $0.30 per diluted share in Q4 2024. Net interest income was $365.4 million, a record for the company. This represented a 13.4% increase from the prior-year quarter. Growth reflected higher average earning assets and lower deposit costs. Yields on earning assets declined slightly.
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.