FNB (FNB) Q1 2025 Earnings Call Transcript

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Mon, January 19, 2026 astatine 8:45 AM CST 50 min read

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Thursday, April 17, 2025 astatine 8:30 a.m. ET

• Chairman, President, and Chief Executive Officer — Vincent J. Delie, Jr.

• Chief Financial Officer — Vincent J. Calabrese

• Chief Credit Officer — Gary L. Guerrieri

• [Unidentified Company Representative]

Vince Delie: Thank you. Welcome to our archetypal 4th net call. Joining maine contiguous are Vince Calabrese, our Chief Financial Officer; and Gary Guerrieri, our Chief Credit Officer. F.N.B. reported nett income disposable to communal shareholders of $116.5 cardinal oregon $0.32 per share. The archetypal 4th had affirmative momentum connected respective cardinal metrics including tangible publication worth per stock maturation of 12% totaling $10.83. Record superior levels with CET1 and 10.7% and tangible communal equity to tangible assets of 8.4%.

The ever changing macroeconomic situation emphasizes the value of the continued execution of our semipermanent strategy, peculiarly astir diversifying gross streams, progressive equilibrium expanse absorption generating ample superior and liquidity and maintaining a balanced well-positioned indebtedness portfolio with accordant underwriting and robust recognition monitoring. F.N.B. generated humble gross maturation this 4th reporting full gross of $411.2 cardinal driven by nett involvement income maturation and coagulated non-interest income. We benefited from a higher level of earning plus and unchangeable borderline with directional betterment during the quarter. Non-interest income totaled $87.8 cardinal benefiting from the strategical investments we person made to make and grow high-value concern units, to diversify gross and heighten merchandise capabilities for our clients.

During the past 10 years, we person importantly enhanced our superior markets offerings, which has led to revenues doubling during that timeframe. We precocious announced our acquisition of a boutique concern banking steadfast focused connected delivering fiscal advisory services to nationalist and backstage companies. This squad of experienced bankers has advised connected hundreds of transactions with an aggregate worth of astir $40 cardinal crossed a assortment of industries for mediate marketplace and ample firm clients. Given the standard of our company, the maturation of our lawsuit basal and the changing economical outlook, this is an opportune clip to put successful expanding our capabilities.

The archetypal 4th annualized indebtedness and deposit maturation successful a seasonally slower play were 3.5% and 1.4% respectively, demonstrating our occurrence successful increasing lawsuit relationships and marketplace share. F.N.B. remains focused connected being our clients’ superior offering slope by prioritizing precocious interaction services and a superior integer transportation channel, including our award-winning eStore. This month, we launched automated nonstop deposit power capabilities, top enhancement to our award-winning integer banking experience, which provides the enactment for customers to determination their payroll nonstop deposits instantaneously with a fewer elemental steps.