F.N.B. Corporation Declares Cash Dividend on Non-Cumulative Perpetual Preferred Stock, Series E

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F.N.B. Corporation (NYSE: FNB) announced a quarterly cash dividend of $18.13 per share on its Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: FNB PR E). This dividend, equivalent to $0.45325 per depositary share, is payable on November 15, 2020, to shareholders of record as of the close of business on October 30, 2020. The company, headquartered in Pittsburgh, operates across seven states and the District of Columbia with total assets nearing $38 billion.

Positive

• Quarterly cash dividend of $18.13 per share announced.
• Company assets close to $38 billion indicating strong financial health.

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• None.

PITTSBURGH, Oct. 19, 2020 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) announced today that its Board of Directors declared a quarterly cash dividend of $18.13 per share (equivalent to $0.45325 per depositary share or 1/40^th interest per share) on F.N.B. Corporation's Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: FNB PR E). The dividend is payable on November 15, 2020, to shareholders of record as of the close of business on October 30, 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.

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SOURCE F.N.B. Corporation

FAQ

What is the dividend amount declared by F.N.B. Corporation?

F.N.B. Corporation declared a quarterly cash dividend of $18.13 per share.

When is the dividend payment date for FNB?

The dividend payment date is November 15, 2020.

What is the record date for F.N.B. Corporation's dividend?

The record date for the dividend is October 30, 2020.

What is the stock symbol for F.N.B. Corporation?

The stock symbol for F.N.B. Corporation is FNB.

Is the dividend from F.N.B. Corporation sustainable?

The press release does not provide information on the sustainability of the dividend.