F.N.B.: Q1 Earnings Snapshot

Associated Press Finance
17 Apr

PITTSBURGH (AP) — PITTSBURGH (AP) — F.N.B. Corp. (FNB) on Wednesday reported first-quarter profit of $116.5 million.

The bank, based in Pittsburgh, said it had earnings of 32 cents per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share.

The financial holding company posted revenue of $647.2 million in the period. Its revenue net of interest expense was $411.6 million, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $409.4 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FNB at https://www.zacks.com/ap/FNB

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