Fnb Corp/Pa/

During the third quarter of 2025, the Company repurchased $12 million, or 0.8 million shares, of common stock at a weighted average share price of $15.50 while maintaining capital above stated operating levels and supporting loan growth in the quarter.

SEC original ↗Fnb Corp/Pa/ — Earnings release (8-K exhibit)EX-99Oct 17, 2025

Total cost of funds decreased 33 basis points to 2.23%, with a 42 basis point decrease in interest-bearing deposit costs to 2.66% and a 51 basis point decrease in total borrowing costs.

SEC original ↗Fnb Corp/Pa/ — Earnings release (8-K exhibit)EX-99Oct 17, 2025

Capital markets income increased $1.7 million, or 27.1%, driven by record debt capital markets and international banking income, as well as contributions from customer swap activity, syndications, public finance and advisory services.

SEC original ↗Fnb Corp/Pa/ — Earnings release (8-K exhibit)EX-99Oct 17, 2025

The total cost of funds decreased 3 basis points to 2.23%, as the cost of interest-bearing deposits remained stable at 2.66% and total borrowing costs declined 6 basis points to 4.65%.

SEC original ↗Fnb Corp/Pa/ — Earnings release (8-K exhibit)EX-99Oct 17, 2025

Total average borrowings declined $423.7 million primarily due to the $350 million senior note offering that matured in August 2025 and the funding mix shift reflecting the growth in average deposits.

SEC original ↗Fnb Corp/Pa/ — Earnings release (8-K exhibit)EX-99Oct 17, 2025

Capital markets income increased $1.0 million, or 14.2%, driven by record debt capital markets and international banking income, as well as contributions from customer swap activity, syndications, public finance and advisory services.

SEC original ↗Fnb Corp/Pa/ — Earnings release (8-K exhibit)EX-99Oct 17, 2025

Corporation reported record earnings per diluted common share of $0.41, a 37% increase from the year-ago quarter and 14% increase from the prior quarter, with revenue of $457 million principally driven by growth in net interest income, margin expansion and record non-interest income.

SEC original ↗Fnb Corp/Pa/ — Earnings release (8-K exhibit)EX-99Oct 17, 2025

The increase in average consumer loans included a $1.1 billion increase in residential mortgage loans largely due to the continued successful execution in key markets and long-standing strategy of serving the purchase market.

SEC original ↗Fnb Corp/Pa/ — Earnings release (8-K exhibit)EX-99Oct 17, 2025

Salaries and employee benefits increased $5.5 million, or 4.4%, primarily reflecting strategic hiring, continued investments in our risk management infrastructure, and higher production-related compensation.

SEC original ↗Fnb Corp/Pa/ — Earnings release (8-K exhibit)EX-99Oct 17, 2025

You should not place undue reliance on forward-looking statements, as they are subject to risks and uncertainties, including, but not limited to, those described below.

SEC original ↗Fnb Corp/Pa/ — Earnings release (8-K exhibit)EX-99Oct 17, 2025

When considering these forward-looking statements, you should keep in mind these risks and uncertainties, as well as any cautionary statements we may make.

SEC original ↗Fnb Corp/Pa/ — Earnings release (8-K exhibit)EX-99Oct 17, 2025

FNB cautions that the risks identified here are not exhaustive of the types of risks that may adversely impact FNB and actual results may differ materially from those expressed or implied as a result of these risks and uncertainties, including, but not limited to, the risk factors and other uncertainties described under Item 1A.

SEC original ↗Fnb Corp/Pa/ — Earnings release (8-K exhibit)EX-99Oct 17, 2025