F.N.B. Corp (FNB) Tops Q1 EPS by 1c

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F.N.B. Corporation Reports First Quarter 2020 Results and COVID-19 Actions

April 23, 2020 5:59 AM EDT

PITTSBURGH, April 23, 2020 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) reported earnings for the first quarter of 2020 with net income available to common stockholders of $45.4 million, or $0.14 per diluted common share. Comparatively, first quarter of 2019 net income available to common stockholders totaled $92.1 million, or $0.28 per diluted common share, and fourth quarter of 2019 net income available to common stockholders totaled $93.2 million, or $0.29 per diluted common share. The results for the first quarter of 2020 reflect a provision for credit losses of $37.9 million, or $0.09 per share, related to the COVID-19 macroeconomic impacts under the newly... More