FNB CORP (FNB)
US3025201019 - Common Stock
Taking everything into account, FNB scores 3 out of 10 in our fundamental rating. FNB was compared to 411 industry peers in the Banks industry. While FNB is still in line with the averages on profitability rating, there are concerns on its financial health. FNB is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
FNB had positive earnings in the past year.
In the past year FNB had a positive cash flow from operations.
In the past 5 years FNB has always been profitable.
FNB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 1.03%, FNB is doing good in the industry, outperforming 66.99% of the companies in the same industry.
FNB's Return On Equity of 7.88% is on the low side compared to the rest of the industry. FNB is outperformed by 60.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 7.88% | ||
| ROIC | N/A |
ROA(3y)1.01%
ROA(5y)0.97%
ROE(3y)7.74%
ROE(5y)7.32%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 30.00%, FNB belongs to the best of the industry, outperforming 80.10% of the companies in the same industry.
FNB's Profit Margin has been stable in the last couple of years.
The Operating Margin and Gross Margin are not available for FNB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 30% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y9.92%
PM growth 5Y0.1%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FNB does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for FNB has been reduced compared to 1 year ago.
Compared to 5 years ago, FNB has more shares outstanding
FNB has a better debt/assets ratio than last year.
2.2 Solvency
FNB has a debt to FCF ratio of 4.11. This is a neutral value as FNB would need 4.11 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.11, FNB is doing worse than 60.19% of the companies in the same industry.
A Debt/Equity ratio of 0.21 indicates that FNB is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.21, FNB is in line with its industry, outperforming 54.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 4.11 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.19%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for FNB have decreased by -1.95% in the last year.
The Earnings Per Share has been growing slightly by 6.99% on average over the past years.
Looking at the last year, FNB shows a small growth in Revenue. The Revenue has grown by 2.19% in the last year.
Measured over the past years, FNB shows a small growth in Revenue. The Revenue has been growing by 5.40% on average per year.
EPS 1Y (TTM)-1.95%
EPS 3Y17.82%
EPS 5Y6.99%
EPS growth Q2Q-15%
Revenue 1Y (TTM)2.19%
Revenue growth 3Y8.91%
Revenue growth 5Y5.4%
Revenue growth Q2Q-2.19%
3.2 Future
The Earnings Per Share is expected to grow by 0.53% on average over the next years.
FNB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.72% yearly.
EPS Next Y-7.96%
EPS Next 2Y0.53%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.26%
Revenue Next 2Y3.72%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
FNB is valuated reasonably with a Price/Earnings ratio of 9.37.
Compared to the rest of the industry, the Price/Earnings ratio of FNB indicates a somewhat cheap valuation: FNB is cheaper than 64.81% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.60, FNB is valued rather cheaply.
The Price/Forward Earnings ratio is 8.92, which indicates a very decent valuation of FNB.
FNB's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FNB is cheaper than 67.48% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FNB to the average of the S&P500 Index (20.15), we can say FNB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.37 | ||
| Fwd PE | 8.92 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FNB is valued a bit more expensive than the industry average as 72.09% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.18 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.34
EPS Next 2Y0.53%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FNB has a Yearly Dividend Yield of 3.42%.
Compared to an average industry Dividend Yield of 3.65, FNB has a dividend in line with its industry peers.
FNB's Dividend Yield is a higher than the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
5.2 History
The dividend of FNB has a limited annual growth rate of 0.84%.
FNB has paid a dividend for at least 10 years, which is a reliable track record.
FNB has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0.84%
Div Incr Years0
Div Non Decr Years14
5.3 Sustainability
FNB pays out 38.16% of its income as dividend. This is a sustainable payout ratio.
FNB's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP38.16%
EPS Next 2Y0.53%
EPS Next 3YN/A
FNB CORP
NYSE:FNB (5/17/2024, 7:04:00 PM)
After market: 14.15 0 (0%)14.15
+0.1 (+0.71%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap5.08B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.37 | ||
| Fwd PE | 8.92 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 7.88% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 30% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-1.95%
EPS 3Y17.82%
EPS 5Y
EPS growth Q2Q
EPS Next Y-7.96%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)2.19%
Revenue growth 3Y8.91%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y