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 392 industry peers in the Banks industry. Both the profitability and financial health of FNB have multiple concerns. FNB has a decent growth rate and is not valued too expensively.
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.
Each year in the past 5 years FNB has been profitable.
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.
With a Return On Equity value of 7.17%, FNB is not doing good in the industry: 60.20% of the companies in the same industry are doing better.
| 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 79.08% of the companies in the same industry.
FNB's Profit Margin has declined in the last couple of years.
FNB does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| 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.
FNB has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, FNB has a worse debt to assets ratio.
2.2 Solvency
FNB has a debt to FCF ratio of 6.69. This is a slightly negative value and a sign of low solvency as FNB would need 6.69 years to pay back of 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 73.21% 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.
Looking at the Debt to Equity ratio, with a value of 0.32, FNB is doing worse than 71.68% 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
WACC13.47%
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 -4.11% in the last year.
The Earnings Per Share has been growing slightly by 3.30% on average over the past years.
Looking at the last year, FNB shows a small growth in Revenue. The Revenue has grown by 3.76% 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)-4.11%
EPS 3Y4.41%
EPS 5Y3.3%
EPS Q2Q%5.88%
Revenue 1Y (TTM)3.76%
Revenue growth 3Y8.86%
Revenue growth 5Y5.68%
Sales Q2Q%8.52%
3.2 Future
Based on estimates for the next years, FNB will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.65% on average per year.
Based on estimates for the next years, FNB will show a quite strong growth in Revenue. The Revenue will grow by 8.32% on average per year.
EPS Next Y1.49%
EPS Next 2Y9.64%
EPS Next 3Y9.65%
EPS Next 5YN/A
Revenue Next Year7.26%
Revenue Next 2Y7.91%
Revenue Next 3Y8.32%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
Based on the Price/Earnings ratio of 10.54, the valuation of FNB can be described as reasonable.
66.07% 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 (26.54), we can say FNB is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.76, the valuation of FNB can be described as reasonable.
Based on the Price/Forward Earnings ratio, FNB is valued a bit cheaper than 65.82% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FNB to the average of the S&P500 Index (35.28), we can say FNB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.54 | ||
| Fwd PE | 8.76 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FNB is valued a bit more expensive than the industry average as 64.54% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.08 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates FNB does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)7.09
PEG (5Y)3.19
EPS Next 2Y9.64%
EPS Next 3Y9.65%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.13%, FNB has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.51, 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 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.13% |
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
FNB pays out 38.04% of its income as dividend. This is a sustainable payout ratio.
DP38.04%
EPS Next 2Y9.64%
EPS Next 3Y9.65%
14.75
-0.14 (-0.94%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners82.8%
Inst Owner Change-0.2%
Ins Owners1.14%
Ins Owner Change6.38%
Market Cap5.31B
Analysts85
Price Target17.21 (16.68%)
Short Float %3.83%
Short Ratio3.62
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.13% |
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)2.62%
PT rev (3m)2.66%
EPS NQ rev (1m)-0.07%
EPS NQ rev (3m)0.11%
EPS NY rev (1m)-0.18%
EPS NY rev (3m)0.12%
Revenue NQ rev (1m)0.2%
Revenue NQ rev (3m)0.2%
Revenue NY rev (1m)1.72%
Revenue NY rev (3m)1.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.54 | ||
| Fwd PE | 8.76 | ||
| P/S | 3.32 | ||
| P/FCF | 16.08 | ||
| P/OCF | 11.51 | ||
| P/B | 0.83 | ||
| P/tB | 1.36 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.4
EY9.49%
EPS(NY)1.68
Fwd EY11.41%
FCF(TTM)0.92
FCFY6.22%
OCF(TTM)1.28
OCFY8.69%
SpS4.45
BVpS17.84
TBVpS10.82
PEG (NY)7.09
PEG (5Y)3.19
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
WACC13.47%
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)-4.11%
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)3.76%
Revenue growth 3Y8.86%
Revenue growth 5Y5.68%
Sales Q2Q%8.52%
Revenue Next Year7.26%
Revenue Next 2Y7.91%
Revenue Next 3Y8.32%
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%