FNB CORP/PA/

F.N.B. Corporation announced that David B. Mitchell, II, its Chief Wholesale Banking Officer, intends to retire from the company. His retirement will be effective on July 2, 2026.

FNB announced the retirement of its independent lead director, William B. Campbell, effective May 6, 2026, after serving on the Board of Directors since 1975. At the Annual Meeting, shareholders elected ten director nominees to serve until the 2027 Annual Meeting. Additionally, shareholders approved the advisory resolution for executive compensation and ratified Ernst & Young LLP as the independent registered public accounting firm for 2026, both with strong majority votes.

FNB Corp reported a net income of $137 million for the first quarter of 2026, an increase from $117 million in the same period last year. Basic earnings per common share rose to $0.38 from $0.32. The company also saw growth in its balance sheet, with total assets reaching $50.63 billion, total loans and leases at $35.11 billion, and total deposits at $38.90 billion as of March 31, 2026.

F.N.B. Corporation announced strong financial results for the first quarter of 2026, with diluted earnings per share rising 18.8% year-over-year to $0.38. Net income for the quarter totaled $137.0 million, an increase from $116.5 million in the first quarter of 2025. The company also reported a 9.4% growth in revenue and an 11.4% increase in tangible book value per share compared to the prior year's first quarter.

F.N.B. Corporation announced an 8% increase in its quarterly cash dividend to $0.13 per share, payable on June 15, 2026. Additionally, the Board of Directors approved a new share repurchase program, authorizing the company to buy back up to $250 million of its common stock. This new program is in addition to the $50 million remaining from a previous authorization, signaling a strong commitment to returning capital to shareholders.