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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) declared a quarterly cash dividend of $18.13 per share, equivalent to $0.45325 per depositary share of its Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: FNB.PRE). The dividend is scheduled for payment on February 15, 2022, to shareholders on record as of January 31, 2022. FNB operates over 330 banking offices and has total assets of $40 billion, providing a comprehensive range of financial services across several states and major metropolitan areas including Pittsburgh, Baltimore, and Charlotte.

Positive
  • Declared a quarterly cash dividend of $18.13 per share, enhancing shareholder income.
  • Total assets of $40 billion indicate a strong financial position.
Negative
  • None.

PITTSBURGH, Jan. 21, 2022 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) today announced that its Board of Directors declared a quarterly cash dividend of $18.13 per share (equivalent to $0.45325 per depositary share of 1/40th interest per share) on F.N.B. Corporation's Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: FNB PRE). The dividend is payable on February 15, 2022, to shareholders of record as of the close of business on January 31, 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.; and Charlotte, Raleigh, Durham and the Piedmont Triad (Winston-Salem, Greensboro and High Point) in North Carolina. The Company has total assets of $40 billion and more than 330 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.

Cision View original content:https://www.prnewswire.com/news-releases/fnb-corporation-declares-cash-dividend-on-non-cumulative-perpetual-preferred-stock-series-e-301465736.html

SOURCE F.N.B. Corporation

FAQ

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

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

When is the dividend payment date for F.N.B. Corporation?

The dividend is payable on February 15, 2022.

When is the record date to receive the dividend?

The record date to receive the dividend is January 31, 2022.

What is the significance of the Non-Cumulative Perpetual Preferred Stock, Series E?

It allows shareholders to receive dividends without the obligation for the company to pay if they miss a payment.

What are the financial services provided by F.N.B. Corporation?

F.N.B. provides commercial banking, consumer banking, and wealth management solutions.

F.N.B. Corp

NYSE:FNB

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