FNB CORP (FNB) Stock Fundamental Analysis
NYSE:FNB - New York Stock Exchange, Inc. - US3025201019 - Common Stock - Currency: USD
Taking everything into account, FNB scores 3 out of 10 in our fundamental rating. FNB was compared to 394 industry peers in the Banks industry. FNB has a bad profitability rating. Also its financial health evaluation is rather negative. FNB has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year FNB was profitable.
FNB had a positive operating cash flow in the past year.
Each year in the past 5 years FNB has been profitable.
FNB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FNB's Return On Assets of 0.94% is in line compared to the rest of the industry. FNB outperforms 59.45% of its industry peers.
FNB's Return On Equity of 7.17% is in line compared to the rest of the industry. FNB outperforms 40.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.94% | ||
| ROE | 7.17% | ||
| ROIC | N/A |
ROA(3y)0.99%
ROA(5y)0.94%
ROE(3y)7.6%
ROE(5y)7.22%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 28.75%, FNB is doing good in the industry, outperforming 78.59% of the companies in the same industry.
FNB's Profit Margin has declined 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) | 28.75% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-3.59%
PM growth 5Y-1.68%
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.
FNB has more shares outstanding than it did 1 year ago.
FNB has more shares outstanding than it did 5 years ago.
FNB has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of FNB is 6.69, which is on the high side as it means it would take FNB, 6.69 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of FNB (6.69) is worse than 74.56% of its industry peers.
FNB has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
FNB has a worse Debt to Equity ratio (0.32) than 71.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.69 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.82%
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 -8.61% in the last year.
Measured over the past 5 years, FNB shows a small growth in Earnings Per Share. The EPS has been growing by 3.30% on average per year.
Looking at the last year, FNB shows a small growth in Revenue. The Revenue has grown by 1.20% in the last year.
FNB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.68% yearly.
EPS 1Y (TTM)-8.61%
EPS 3Y4.41%
EPS 5Y3.3%
EPS Q2Q%-5.88%
Revenue 1Y (TTM)1.2%
Revenue growth 3Y8.86%
Revenue growth 5Y5.68%
Sales Q2Q%1.17%
3.2 Future
The Earnings Per Share is expected to grow by 9.65% on average over the next years. This is quite good.
FNB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.44% yearly.
EPS Next Y1.49%
EPS Next 2Y9.64%
EPS Next 3Y9.65%
EPS Next 5YN/A
Revenue Next Year5.63%
Revenue Next 2Y7.8%
Revenue Next 3Y7.44%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 11.45 indicates a reasonable valuation of FNB.
67.51% of the companies in the same industry are more expensive than FNB, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of FNB to the average of the S&P500 Index (27.41), we can say FNB is valued rather cheaply.
The Price/Forward Earnings ratio is 9.39, 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 64.23% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.19, FNB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.45 | ||
| Fwd PE | 9.39 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FNB indicates a slightly more expensive valuation: FNB is more expensive than 68.01% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.23 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)7.7
PEG (5Y)3.47
EPS Next 2Y9.64%
EPS Next 3Y9.65%
5. Dividend
5.1 Amount
FNB has a Yearly Dividend Yield of 3.00%. Purely for dividend investing, there may be better candidates out there.
FNB's Dividend Yield is comparable with the industry average which is at 3.31.
Compared to an average S&P500 Dividend Yield of 2.35, FNB pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3% |
5.2 History
The dividend of FNB decreases each year by -0.63%.
FNB has been paying a dividend for at least 10 years, so it has a reliable track record.
FNB has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-0.63%
Div Incr Years0
Div Non Decr Years15
5.3 Sustainability
38.04% of the earnings are spent on dividend by FNB. This is a low number and sustainable payout ratio.
DP38.04%
EPS Next 2Y9.64%
EPS Next 3Y9.65%
15.8
-0.2 (-1.25%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners82.8%
Inst Owner Change0%
Ins Owners1.14%
Ins Owner Change6.38%
Market Cap5.68B
Analysts85
Price Target16.77 (6.14%)
Short Float %3.42%
Short Ratio4.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3% |
Yearly Dividend0.49
Dividend Growth(5Y)-0.63%
DP38.04%
Div Incr Years0
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.98%
Min EPS beat(2)6.95%
Max EPS beat(2)15.01%
EPS beat(4)2
Avg EPS beat(4)4.07%
Min EPS beat(4)-3.23%
Max EPS beat(4)15.01%
EPS beat(8)5
Avg EPS beat(8)4.38%
EPS beat(12)9
Avg EPS beat(12)4.09%
EPS beat(16)13
Avg EPS beat(16)4.75%
Revenue beat(2)0
Avg Revenue beat(2)-0.93%
Min Revenue beat(2)-1.2%
Max Revenue beat(2)-0.65%
Revenue beat(4)0
Avg Revenue beat(4)-1.03%
Min Revenue beat(4)-2.03%
Max Revenue beat(4)-0.23%
Revenue beat(8)1
Avg Revenue beat(8)-2.79%
Revenue beat(12)3
Avg Revenue beat(12)-1.42%
Revenue beat(16)4
Avg Revenue beat(16)-1.08%
PT rev (1m)0%
PT rev (3m)-10.51%
EPS NQ rev (1m)-0.44%
EPS NQ rev (3m)-1.03%
EPS NY rev (1m)0.21%
EPS NY rev (3m)-0.14%
Revenue NQ rev (1m)0.15%
Revenue NQ rev (3m)-0.06%
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.45 | ||
| Fwd PE | 9.39 | ||
| P/S | 3.55 | ||
| P/FCF | 17.23 | ||
| P/OCF | 12.33 | ||
| P/B | 0.89 | ||
| P/tB | 1.46 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.38
EY8.73%
EPS(NY)1.68
Fwd EY10.65%
FCF(TTM)0.92
FCFY5.8%
OCF(TTM)1.28
OCFY8.11%
SpS4.45
BVpS17.84
TBVpS10.82
PEG (NY)7.7
PEG (5Y)3.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.94% | ||
| ROE | 7.17% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 28.75% | ||
| GM | N/A | ||
| FCFM | 20.63% |
ROA(3y)0.99%
ROA(5y)0.94%
ROE(3y)7.6%
ROE(5y)7.22%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-3.59%
PM growth 5Y-1.68%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.69 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 184.51% | ||
| Cap/Sales | 8.19% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 71.74% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC13.82%
ROIC/WACCN/A
Cap/Depr(3y)150.14%
Cap/Depr(5y)N/A
Cap/Sales(3y)6.96%
Cap/Sales(5y)5.79%
Profit Quality(3y)146.79%
Profit Quality(5y)117.03%
High Growth Momentum
Growth
EPS 1Y (TTM)-8.61%
EPS 3Y4.41%
EPS 5Y3.3%
EPS Q2Q%-5.88%
EPS Next Y1.49%
EPS Next 2Y9.64%
EPS Next 3Y9.65%
EPS Next 5YN/A
Revenue 1Y (TTM)1.2%
Revenue growth 3Y8.86%
Revenue growth 5Y5.68%
Sales Q2Q%1.17%
Revenue Next Year5.63%
Revenue Next 2Y7.8%
Revenue Next 3Y7.44%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-57.58%
FCF growth 3Y2.14%
FCF growth 5Y18.75%
OCF growth 1Y-47.55%
OCF growth 3Y6.6%
OCF growth 5Y19.91%