FNB F.N.B. (FNB) Q3 FY26 earnings call
F.N.B. delivered a strong third quarter, marked by record net interest income and robust loan and deposit growth that outpaced industry averages, driven by deepening customer relationships and market share gains. The bank continues to strategically invest in technology, including its new AI-enabled Insight 360 platform, to enhance customer experience, drive household penetration, and expand fee-based businesses, positioning it for continued positive operating leverage despite a competitive deposit environment.
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FNB operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | This call Sep 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Return on tangible common equity (ROTCE) | 13.2%Our capital ratios remained strong and continue to move favorably, all while producing a strong return on average tangible common equity of 13.2%.Source: earnings call transcript | 14%FNB capital levels remained strong with TC at nearly 9% and with a solid return on average tangible common equity at 14%.Source: earnings call transcript | — | +0.8 pt |
| Net interest margin | 3.25%First quarter's net interest margin was 3.25% and down 3 basis points sequentially as the timing of the Fed rate cut in December 2025 impacted NIM for the quarter.Source: earnings call transcript | 3.25%While the second quarter's net interest margin of [ 3.25% ] was equal to last quarter's NIM and Net interest income increased more than 7% on a linked-quarter annualized basis.Source: earnings call transcript | 3.29%This quarter, net interest margin increased 4 basis points to 3.29%.Source: earnings call transcript | 0 pt |
| Efficiency ratio | 56.1%The first quarter efficiency ratio remained solid at 56.1% down meaningfully from 58.5% a year ago, and we continue to manage our expense base in a disciplined manner.Source: earnings call transcript | 53.7%Even with these increases, the second quarter efficiency ratio remains solid at 53.7%, down more than 100 basis points from the year ago quarter, and we continue to manage our expense base in a disciplined manner.Source: earnings call transcript | 53.7%Even with these increases, the third quarter efficiency ratio remained solid at 53.7%.Source: earnings call transcript | 0 pt |
| Common equity tier 1 ratio (CET1) | 11.4%The 8% quarterly common dividend increase marks our first quarterly dividend increase since 2007 and reflects our strong financial performance and capital levels as evidenced by the TCE ratio of nearly 9% and the CET1 ratio of 11.4%.Source: earnings call transcript | 11.4%Stepped up repurchase pace and our recent quarterly common dividend increase reflects our strong financial performance and capital levels as evidenced by the TCE ratio of nearly 9% and a stable CET1 ratio of 11.4% in the quarter.Source: earnings call transcript | 11.3%Our strong financial performance and profitability have enabled FNB to increase share repurchase activity and still maintain solid capital levels, as evidenced by a CET1 ratio of 11.3% and TCE ratio of 8.7% at quarter end.Source: earnings call transcript | -0.1 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
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