PITTSBURGH, Pa. – F.N.B. Corp., the parent company of First National Bank, on Thursday reported net income of $130.7 million, or 36 cents per diluted common share, available to common stockholders in the second quarter of 2025. 

That is up from $123 million, or 34 cents per diluted common share, in the second quarter of 2024, and up from $116.5 million, or 32 cents per diluted common share, in the first quarter of 2025.

“F.N.B. Corp. reported strong second quarter results, generating earnings per diluted common share of 36 cents, with record revenue of $438 million, a 6.5% linked-quarter increase, principally driven by margin expansion, growth in net interest income and noninterest income,” said Vincent J. Delie Jr., chairman, president and chief executive officer of F.N.B. Corp. and First National Bank.

Other highlights:

  • Average loans and leases totaled $34.5 billion, an increase of $1.2 billion, or 3.7%, including growth of $889 million in consumer loans and $357.8 million in commercial loans and leases.
  • On a linked-quarter basis, average loans and leases increased $451.7 million, or 5.3% annualized, as average consumer loans increased $365.4 million, or 11.4% annualized, and average commercial loans and leases increased $86.3 million, or 1.6% annualized.
  • Average deposits totaled $37.1 billion, an increase of $2.5 billion, or 7.3%, as the growth in average interest-bearing demand deposits of $2.3 billion and average time deposits of $595.8 million more than offset the decline in average savings deposits of $279.1 million and average noninterest-bearing demand deposits of $108.6 million.
  • On a linked-quarter basis, average deposits increased $155.6 million, or 1.7% annualized, due to organic growth in new and existing customer relationships. The ratio of noninterest-bearing demand deposits to total deposits was stable at 26% on June 30, compared with the prior quarter end.
  • Net interest income totaled a record $347.2 million, an increase of $23.4 million, or 7.2%, from the prior quarter, primarily due to higher yields on earning assets (non-GAAP), lower cost of funds and one more day in the current quarter.

The full report can be viewed HERE.