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FNB Corp. Declares 12-Cent Cash Dividend

PITTSBURGH – F.N.B. Corp., holding company of First National Bank of Pennsylvania, announced Wednesday that its board of directors declared a quarterly cash dividend of 12 cents per common share. The dividend is payable June 15 to shareholders of record June 1. F.N.B. Corp. also elected the following directors at its annual meeting of shareholders […]

PITTSBURGH – F.N.B. Corp., holding company of First National Bank of Pennsylvania, announced Wednesday that its board of directors declared a quarterly cash dividend of 12 cents per common share. The dividend is payable June 15 to shareholders of record June 1. F.N.B. Corp. also elected the following directors at...

Millennials Encouraged to Save, Not Invest, PNC Survey Finds

PITTSBURGH – A survey from PNC Investments found that millennials largely don’t feel confident in saving for the future and more than half don’t have an emergency fund. The firm’s Millennials & Investing survey, released Wednesday, reported that nearly two-thirds of millennials – classified as those between the ages of 25 and 35 – were […]

PITTSBURGH – A survey from PNC Investments found that millennials largely don’t feel confident in saving for the future and more than half don’t have an emergency fund. The firm’s Millennials & Investing survey, released Wednesday, reported that nearly two-thirds of millennials – classified as those between the ages of...

USDA Loan Offers Zero Down Home Construction

Housing Starts Outpace National, Regional Trends

POLAND, Ohio – In an effort to spur new home development locally, AmeriFirst Home Mortgage is rolling out a new zero-down home construction loan option. The USDA Rural Development New Construction loan provides qualified homebuyers the opportunity to receive 100% financing with no cash down payment to build a new single-family home. The one-time close, […]

POLAND, Ohio – In an effort to spur new home development locally, AmeriFirst Home Mortgage is rolling out a new zero-down home construction loan option. The USDA Rural Development New Construction loan provides qualified homebuyers the opportunity to receive 100% financing with no cash down payment to build a new...

Banks, Credit Unions Teach Financial Literacy

Banks, Credit Unions Teach Financial Literacy to All Ages

YOUNGSTOWN, Ohio – Each year, 300 junior and senior high school students from across the Mahoning Valley spend a day at Youngstown State University where they set their budgets to allocate their income among rent, car payments, clothing, food, technology and recreation. The students have household incomes that range from $30,000 a year to $500,000. […]

YOUNGSTOWN, Ohio – Each year, 300 junior and senior high school students from across the Mahoning Valley spend a day at Youngstown State University where they set their budgets to allocate their income among rent, car payments, clothing, food, technology and recreation. The students have household incomes that range from...

Valley Auto Sales Down 3% in April

Valley Auto Sales Down 3% in April

YOUNGSTOWN, Ohio – Car sales in the Mahoning Valley were down slightly last month, according to the Greater Cleveland Automobiles Dealers Association’s monthly sales report, while year-to-date sales continue to lag behind last year’s figures. In April, 4,818 new and used vehicles were sold in Mahoning, Columbiana and Trumbull counties, 163 fewer – a 3.3% […]

YOUNGSTOWN, Ohio – Car sales in the Mahoning Valley were down slightly last month, according to the Greater Cleveland Automobiles Dealers Association’s monthly sales report, while year-to-date sales continue to lag behind last year’s figures. In April, 4,818 new and used vehicles were sold in Mahoning, Columbiana and Trumbull counties,...

Cortland Bancorp Reports Q1 Net Income of $1.54M

Cortland Bancorp Reports Q1 Net Income of $1.54M

CORTLAND, Ohio – Cortland Bancorp, holding company of Cortland Bank, Friday reported first-quarter net income of $1.54 million, or 35 cents per diluted share. This compares to fourth-quarter net income of $21,000, or one cent a share, and first-quarter 2017 income of $1 million or 23 cents a share. Cortland also announced its board declared […]

CORTLAND, Ohio – Cortland Bancorp, holding company of Cortland Bank, Friday reported first-quarter net income of $1.54 million, or 35 cents per diluted share. This compares to fourth-quarter net income of $21,000, or one cent a share, and first-quarter 2017 income of $1 million or 23 cents a share. Cortland...

Huntington Reports Q1 Net Income of $326M

Huntington Reports Q1 Net Income of $326M

COLUMBUS, Ohio — Huntington Bancshares Inc., holding company of Huntington Bank, Tuesday reported first-quarter net income of $326 million, or 28 cents a common share. That compares to fourth-quarter 2017 net income of $432 million, or 37 cents a common share and the year-ago quarter of $208 million, or 17 cents a common share. Huntington’s […]

COLUMBUS, Ohio — Huntington Bancshares Inc., holding company of Huntington Bank, Tuesday reported first-quarter net income of $326 million, or 28 cents a common share. That compares to fourth-quarter 2017 net income of $432 million, or 37 cents a common share and the year-ago quarter of $208 million, or 17...

FNB First-Quarter Net Income Rises to $84.8M

PITTSBURGH – F.N.B. Corp., parent of First National Bank of Pennsylvania, today reported first-quarter net income of $84.8 million, or 25 cents per common share. This compares to fourth-quarter 2017 net income of $22.11 million, or seven cents a share, and year-ago first-quarter net income of $21 million, or nine cents a share. In a […]

PITTSBURGH – F.N.B. Corp., parent of First National Bank of Pennsylvania, today reported first-quarter net income of $84.8 million, or 25 cents per common share. This compares to fourth-quarter 2017 net income of $22.11 million, or seven cents a share, and year-ago first-quarter net income of $21 million, or nine...

First Niles Q1 Net Income Drops to $49K

NILES, Ohio – First Niles Financial Inc., holding company of Home Federal Savings and Loan Association of Niles, Monday reported first-quarter net income of $49,000, or four cents per share. This compares to first-quarter 2017 net income of $116,000, or 10 cents a share, a decrease of $67,000 or 57.8%. The president and CEO, Daniel […]

NILES, Ohio – First Niles Financial Inc., holding company of Home Federal Savings and Loan Association of Niles, Monday reported first-quarter net income of $49,000, or four cents per share. This compares to first-quarter 2017 net income of $116,000, or 10 cents a share, a decrease of $67,000 or 57.8%....

FNB Declares $18.13 Cash Dividend of Preferred Stock

PITTSBURGH – F.N.B. Corp., holding company of First National Bank of Pennsylvania, announced Wednesday that its board of directors declared a quarterly cash dividend of $18.13 per preferred share on the corporation’s noncumulative perpetual preferred stock Series E. The dividend is payable May 15 to shareholders of record April 30. F.N.B. reported a full-year 2017 […]

PITTSBURGH – F.N.B. Corp., holding company of First National Bank of Pennsylvania, announced Wednesday that its board of directors declared a quarterly cash dividend of $18.13 per preferred share on the corporation’s noncumulative perpetual preferred stock Series E. The dividend is payable May 15 to shareholders of record April 30....