F.N.B. Corporation Declares Cash Dividend of $0.12 on Common Stock

Rhea-AI Summary

F.N.B. Corporation (NYSE: FNB) has declared a quarterly cash dividend of $0.12 per share on common stock, payable on September 15, 2022. Shareholders of record as of September 2, 2022 will receive this dividend. FNB operates as a diversified financial services company with total assets of $42 billion and over 340 banking offices across several states and Washington, D.C. The company provides comprehensive commercial and consumer banking solutions, along with wealth management services.

Positive

• Declared a quarterly cash dividend of $0.12 per share, indicating ongoing profitability and commitment to returning value to shareholders.
• Total assets of $42 billion reflect a strong financial position.
• Extensive presence with over 340 banking offices, enhancing market reach.

Negative

• None.

PITTSBURGH, July 14, 2022 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) announced it declared a quarterly cash dividend of $0.12 per share on its common stock. The dividend is payable on September 15, 2022, to shareholders of record as of the close of business on September 2, 2022.

About F.N.B. Corporation
F.N.B. Corporation (NYSE: FNB), headquartered in Pittsburgh, Pennsylvania, is a diversified financial services company operating in seven states and the District of Columbia. FNB's market coverage spans several major metropolitan areas including: Pittsburgh, Pennsylvania; Baltimore, Maryland; Cleveland, Ohio; Washington, D.C.; Charlotte, Raleigh, Durham and the Piedmont Triad (Winston-Salem, Greensboro and High Point) in North Carolina; and Charleston, South Carolina. The Company has total assets of $42 billion and more than 340 banking offices throughout Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, South Carolina, Washington, D.C. and Virginia.

FNB provides a full range of commercial banking, consumer banking and wealth management solutions through its subsidiary network which is led by its largest affiliate, First National Bank of Pennsylvania, founded in 1864. Commercial banking solutions include corporate banking, small business banking, investment real estate financing, government banking, business credit, capital markets and lease financing. The consumer banking segment provides a full line of consumer banking products and services, including deposit products, mortgage lending, consumer lending and a complete suite of mobile and online banking services. FNB's wealth management services include asset management, private banking and insurance.

The common stock of F.N.B. Corporation trades on the New York Stock Exchange under the symbol "FNB" and is included in Standard & Poor's MidCap 400 Index with the Global Industry Classification Standard (GICS) Regional Banks Sub-Industry Index. Customers, shareholders and investors can learn more about this regional financial institution by visiting the F.N.B. Corporation website at www.fnbcorporation.com.

 

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SOURCE F.N.B. Corporation

FAQ

What is the dividend amount declared by FNB?

FNB declared a cash dividend of $0.12 per share.

When is the dividend payable for FNB?

The dividend is payable on September 15, 2022.

What is the record date for FNB's dividend?

The record date for FNB's dividend is September 2, 2022.

What is the significance of FNB's total assets?

FNB's total assets of $42 billion indicate its strong financial health and stability.