F.N.B. Corporation (FNB) To Go Ex-Dividend on September 1st

F.N.B. Corporation (NYSE:FNB) declared a quarterly dividend on Wednesday, July 29th. Shareholders of record on Tuesday, September 1st will be paid a dividend of 0.13 per share by the bank on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Tuesday, September 1st.

F.N.B. has a payout ratio of 31.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect F.N.B. to earn $1.90 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 27.4%.

F.N.B. Stock Performance

Shares of NYSE:FNB opened at $19.00 on Friday. The firm’s 50 day simple moving average is $18.49 and its 200-day simple moving average is $17.76. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.91 and a current ratio of 0.92. F.N.B. has a one year low of $14.45 and a one year high of $19.59. The firm has a market cap of $6.77 billion, a PE ratio of 11.31, a price-to-earnings-growth ratio of 1.21 and a beta of 0.84.

F.N.B. (NYSE:FNB) last announced its quarterly earnings results on Thursday, July 16th. The bank reported $0.42 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.42. F.N.B. had a return on equity of 9.10% and a net margin of 22.29%.The firm had revenue of $465.77 million during the quarter, compared to analyst estimates of $467.13 million. During the same quarter in the previous year, the business earned $0.36 earnings per share. As a group, equities analysts predict that F.N.B. will post 1.69 EPS for the current year.

F.N.B. Company Profile

F.N.B. Corporation is a bank holding company headquartered in Pittsburgh, Pennsylvania. Through its principal subsidiary, FNB Bank, the company provides a broad range of commercial and consumer financial services. Founded in 1864 as the First National Bank of Pennsylvania, F.N.B. has grown through both organic expansion and strategic acquisitions to become a regional banking franchise.

The company’s main business activities include traditional deposit-taking and lending services, such as checking and savings accounts, mortgages, home equity lines of credit, and consumer and commercial loans.