F.N.B. Corporation Declares Preferred and Common Dividends

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F.N.B. Corporation announces quarterly dividends for Q4 2023

Positive

• FNB declared a cash dividend of $18.13 per share on its Non-Cumulative Perpetual Preferred Stock, Series E
• FNB declared a cash dividend of $0.12 per share on its common stock

Negative

• None.

PITTSBURGH, Oct. 19, 2023 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) announced its Board of Directors declared quarterly preferred and common dividends for the fourth quarter of 2023.

On its Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: FNB PRE), FNB declared a cash dividend of $18.13 per share (equivalent to $0.45325 per depositary share or 1/40^th interest per share). The dividend is payable on November 15, 2023, to shareholders of record as of the close of business on October 31, 2023.

On its common stock, FNB declared a cash dividend of $0.12 per share. The dividend is payable on December 15, 2023, to shareholders of record as of the close of business on December 5, 2023.

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 more than $45 billion and approximately 350 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 dividends did F.N.B. Corporation declare for Q4 2023?

F.N.B. Corporation declared a cash dividend of $18.13 per share on its Non-Cumulative Perpetual Preferred Stock, Series E and a cash dividend of $0.12 per share on its common stock.

When will the dividends be payable?

The dividend on the Non-Cumulative Perpetual Preferred Stock, Series E will be payable on November 15, 2023, while the dividend on the common stock will be payable on December 15, 2023.

Who will receive the dividends?

The dividends will be paid to shareholders of record as of the close of business on October 31, 2023, for the Non-Cumulative Perpetual Preferred Stock, Series E, and on December 5, 2023, for the common stock.