FNB CORP (FNB) Stock Fundamental Analysis
NYSE:FNB - New York Stock Exchange, Inc. - US3025201019 - Common Stock - Currency: USD
We assign a fundamental rating of 3 out of 10 to FNB. FNB was compared to 396 industry peers in the Banks industry. FNB may be in some trouble as it scores bad on both profitability and health. FNB has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year FNB was profitable.
In the past year FNB had a positive cash flow from operations.
FNB had positive earnings in each of the past 5 years.
In the past 5 years FNB always reported a positive cash flow from operatings.
1.2 Ratios
FNB has a Return On Assets (0.94%) which is in line with its industry peers.
The Return On Equity of FNB (7.17%) is comparable to the rest of the industry.
| 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
FNB has a better Profit Margin (28.75%) than 78.54% of its industry peers.
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.
The number of shares outstanding for FNB has been increased compared to 1 year ago.
The number of shares outstanding for FNB has been increased compared to 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.
FNB's Debt to FCF ratio of 6.69 is on the low side compared to the rest of the industry. FNB is outperformed by 74.49% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that FNB is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.32, FNB is doing worse than 71.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.69 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.12%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FNB shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.61%.
FNB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.30% yearly.
FNB shows a small growth in Revenue. In the last year, the Revenue has grown by 1.20%.
The Revenue has been growing slightly by 5.68% on average over the past years.
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
FNB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.08% yearly.
The Revenue is expected to grow by 7.44% on average over the next years.
EPS Next Y1.27%
EPS Next 2Y9.54%
EPS Next 3Y8.08%
EPS Next 5YN/A
Revenue Next Year5.44%
Revenue Next 2Y7.63%
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
FNB is valuated reasonably with a Price/Earnings ratio of 10.06.
FNB's Price/Earnings ratio is a bit cheaper when compared to the industry. FNB is cheaper than 74.75% of the companies in the same industry.
When comparing the Price/Earnings ratio of FNB to the average of the S&P500 Index (26.46), we can say FNB is valued rather cheaply.
With a Price/Forward Earnings ratio of 8.26, the valuation of FNB can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FNB indicates a somewhat cheap valuation: FNB is cheaper than 72.73% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of FNB to the average of the S&P500 Index (22.30), we can say FNB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.06 | ||
| Fwd PE | 8.26 |
4.2 Price Multiples
62.88% of the companies in the same industry are cheaper than FNB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.13 | ||
| 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)7.92
PEG (5Y)3.04
EPS Next 2Y9.54%
EPS Next 3Y8.08%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.42%, FNB has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.46, FNB has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, FNB pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)-0.63%
Div Incr Years0
Div Non Decr Years15
5.3 Sustainability
FNB pays out 38.04% of its income as dividend. This is a sustainable payout ratio.
DP38.04%
EPS Next 2Y9.54%
EPS Next 3Y8.08%
13.88
+0.2 (+1.46%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners81.89%
Inst Owner Change-6.23%
Ins Owners0.93%
Ins Owner Change4.02%
Market Cap4.99B
Analysts85
Price Target16.77 (20.82%)
Short Float %3.93%
Short Ratio4.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
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)-11.74%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.19%
EPS NY rev (1m)-0.09%
EPS NY rev (3m)-0.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.27%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.06 | ||
| Fwd PE | 8.26 | ||
| P/S | 3.12 | ||
| P/FCF | 15.13 | ||
| P/OCF | 10.83 | ||
| P/B | 0.78 | ||
| P/tB | 1.28 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.38
EY9.94%
EPS(NY)1.68
Fwd EY12.1%
FCF(TTM)0.92
FCFY6.61%
OCF(TTM)1.28
OCFY9.23%
SpS4.45
BVpS17.84
TBVpS10.82
PEG (NY)7.92
PEG (5Y)3.04
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
WACC14.12%
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 Y1.27%
EPS Next 2Y9.54%
EPS Next 3Y8.08%
EPS Next 5YN/A
Revenue 1Y (TTM)1.2%
Revenue growth 3Y8.86%
Revenue growth 5Y5.68%
Sales Q2Q%1.17%
Revenue Next Year5.44%
Revenue Next 2Y7.63%
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%