Materiality pending
Public signal · 1-minute delayed
Signal brief
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AI summary
What happened, with direct paths to the underlying reporting
- FNB's adjusted EPS of 34 cents beat estimates by a penny, but down 15% YoY. - Revenue down 2.2%, NII down 5.3%, but non-interest income up 10.7%. - Expenses rose 7.8%, CET1 ratio at 10.2%, credit quality improved slightly. - Price Impact Rating: Bearish - Impact Horizon Rating: Short-term - Type: Earnings
- FNB's adjusted EPS of 34 cents beat estimates by a penny, but down 15% YoY.
- Revenue down 2.2%, NII down 5.3%, but non-interest income up 10.7%.
- Expenses rose 7.8%, CET1 ratio at 10.2%, credit quality improved slightly.
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