F.N.B. Corporation Declares Cash Dividend of 12 Cents on Common Stock

Rhea-AI Summary

F.N.B. Corporation (NYSE: FNB) declared a quarterly cash dividend of $0.12 per share, payable on December 15, 2020, to shareholders on record as of December 3, 2020. The corporation, headquartered in Pittsburgh, Pennsylvania, has total assets nearing $38 billion and operates around 350 banking offices across various states including Pennsylvania, Maryland, and North Carolina. FNB provides a full range of financial services through its subsidiary network, focusing on commercial and consumer banking as well as wealth management solutions.

Positive

• Declared a quarterly cash dividend of $0.12 per share, enhancing shareholder income.
• Strong asset base of nearly $38 billion indicates financial stability and growth potential.

Negative

• None.

PITTSBURGH, Oct. 14, 2020 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) today announced that its Board of Directors declared a quarterly cash dividend of $0.12 per share on F.N.B. Corporation's common stock. The dividend is payable on December 15, 2020, to shareholders of record as of the close of business on December 3, 2020.

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.; and Charlotte, Raleigh, Durham and the Piedmont Triad (Winston-Salem, Greensboro and High Point) in North Carolina. The Company has total assets of nearly $38 billion and approximately 350 banking offices with operations throughout Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, South Carolina, Virginia and the District of Columbia.

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.

View original content:http://www.prnewswire.com/news-releases/fnb-corporation-declares-cash-dividend-of-12-cents-on-common-stock-301152633.html

SOURCE F.N.B. Corporation

FAQ

What is the amount of FNB's latest cash dividend?

F.N.B. Corporation declared a cash dividend of $0.12 per share.

When will the dividend be paid to FNB shareholders?

The dividend will be payable on December 15, 2020.

What is the record date for FNB's dividend payment?

The record date for the dividend payment is December 3, 2020.

How often does FNB declare dividends?

F.N.B. Corporation typically declares dividends on a quarterly basis.