Valuation, from the filing
| Public float | $5.04B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $14.11 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 8.9× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 0.7× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Valuation over time
8.9× earnings today, against a median of 9.5× across 10 years on record. In line with its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-06-30 | $5.04B | 8.9× | |
| 2024-06-30 | $4.74B | 10.2× | |
| 2023-06-30 | $3.97B | 8.2× | |
| 2022-06-30 | $3.69B | 8.4× | |
| 2021-06-30 | $3.81B | 9.4× | |
| 2020-06-30 | $2.36B | 8.3× | |
| 2019-06-30 | $3.73B | 9.6× | |
| 2018-06-30 | $4.25B | 11.4× | |
| 2017-06-30 | $4.46B | 22.4× | |
| 2016-06-30 | $2.53B | 14.8× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the National Commercial Banks filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| Effective tax rate | 15.5% | 8th | |
| Long-term debt / equity | 0.28x | 46th |
FNB CORP/PA/ (FNB) reported net income of $149.00M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from FNB CORP/PA/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under National Commercial Banks.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $149.00M | $137.00M | $168.00M | $150.00M | $130.00M | $117.00M | $110.00M | $110.00M | $123.00M | $122.00M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 357.41M | shares 360.23M | Unavailable | shares 361.67M | shares 362.26M | shares 363.07M | Unavailable | shares 362.43M | shares 362.70M | shares 362.62M |
| Pretax income | $188.00M | $174.00M | $165.00M | $190.00M | $166.00M | $148.00M | $102.00M | $140.00M | $157.00M | $156.00M |
| Income tax expense | $39.00M | $37.00M | -$3.00M | $40.00M | $36.00M | $31.00M | -$8.00M | $30.00M | $34.00M | $34.00M |
| Diluted EPS | $0.42 | $0.38 | Unavailable | $0.41 | $0.36 | $0.32 | Unavailable | $0.30 | $0.34 | $0.32 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $2.38B | $2.66B | $2.50B | $2.41B | $2.43B | $2.44B | $2.42B | $2.08B | $1.88B | $1.49B |
| Total assets | $51.00B | $50.63B | $50.23B | $49.89B | $49.72B | $49.02B | $48.62B | $47.98B | $47.72B | $45.90B |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $44.16B | $43.83B | $43.47B | $43.25B | $43.20B | $42.60B | $42.32B | $41.73B | $41.62B | $39.89B |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $6.84B | $6.80B | $6.76B | $6.64B | $6.52B | $6.42B | $6.30B | $6.25B | $6.09B | $6.01B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | $2.48B | $2.48B | $2.48B | $2.48B | $2.48B | $2.48B | $2.48B | $2.48B | $2.48B | $2.48B |
| Long-term debt | $2.00B | $2.00B | $1.90B | $2.10B | $2.69B | $2.51B | $3.01B | $2.52B | $2.02B | $2.12B |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $258.00M | $151.00M | $128.00M | $167.00M | $123.00M | $64.00M | $326.00M | -$14.00M | $85.00M | $245.00M |
| Capital expenditures | $17.00M | $18.00M | $29.00M | $18.00M | $38.00M | $21.00M | $48.00M | $32.00M | $30.00M | $29.00M |
| Investing cash flow | -$750.00M | -$299.00M | -$215.00M | -$256.00M | -$681.00M | -$335.00M | -$470.00M | $31.00M | -$1.34B | $76.00M |
| Financing cash flow | $208.00M | $309.00M | $172.00M | $75.00M | $540.00M | $297.00M | $485.00M | $181.00M | $1.65B | -$410.00M |
| Net change in cash | -$284.00M | $161.00M | $85.00M | -$14.00M | -$18.00M | $26.00M | $341.00M | $198.00M | $393.00M | -$89.00M |
| Stock-based compensation | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common dividends paid | $47.00M | $43.00M | $43.00M | $44.00M | $43.00M | $44.00M | $44.00M | $44.00M | $43.00M | $44.00M |
| Common share repurchases | $47.00M | $35.00M | $18.00M | $12.00M | $10.00M | $10.00M | $0 | $0 | $3.00M | $0 |
| Depreciation & amortization | $25.00M | $23.00M | $22.00M | $18.00M | $19.00M | $18.00M | $18.00M | $17.00M | $18.00M | $14.00M |
Derived
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $241.00M | $133.00M | $99.00M | $149.00M | $85.00M | $43.00M | $278.00M | -$46.00M | $55.00M | $216.00M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | 0.29x | Unavailable | 0.28x | 0.32x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 20.7% | 21.3% | -1.8% | 21.1% | 21.7% | 20.9% | -7.8% | 21.4% | 21.7% | 21.8% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FNB in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.