FNB CORP (FNB)
US3025201019 - Common Stock
We assign a fundamental rating of 3 out of 10 to FNB. FNB was compared to 411 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
In the past year FNB was profitable.
In the past year FNB had a positive cash flow from operations.
Each year in the past 5 years FNB has been profitable.
Each year in the past 5 years FNB had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.03%, FNB is in the better half of the industry, outperforming 64.96% of the companies in the same industry.
With a Return On Equity value of 7.88%, FNB is not doing good in the industry: 61.31% of the companies in the same industry are doing better.
| 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
FNB's Profit Margin of 30.00% is fine compared to the rest of the industry. FNB outperforms 74.94% of its industry peers.
In the last couple of years the Profit Margin of FNB has remained more or less at the same level.
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) | 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
Compared to 1 year ago, FNB has an improved debt to assets ratio.
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.
The Debt to FCF ratio of FNB (4.11) is worse than 63.02% of its industry peers.
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 54.50% 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
WACC12.88%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FNB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.95%, which is quite good.
Measured over the past 5 years, FNB shows a small growth in Earnings Per Share. The EPS has been growing by 6.99% on average per year.
FNB shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.19%.
FNB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.40% yearly.
EPS 1Y (TTM)12.95%
EPS 3Y17.82%
EPS 5Y6.99%
EPS growth Q2Q-13.64%
Revenue 1Y (TTM)10.19%
Revenue growth 3Y8.91%
Revenue growth 5Y5.4%
Revenue growth Q2Q-13.98%
3.2 Future
FNB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.53% yearly.
The Revenue is expected to grow by 3.72% on average over the next years.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.71, the valuation of FNB can be described as reasonable.
FNB's Price/Earnings ratio is a bit cheaper when compared to the industry. FNB is cheaper than 63.75% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.25, FNB is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.46, the valuation of FNB can be described as reasonable.
FNB's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FNB is cheaper than 67.40% of the companies in the same industry.
FNB is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.67, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.71 | ||
| Fwd PE | 9.46 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FNB is valued a bit more expensive than the industry average as 73.24% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.66 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.25
EPS Next 2Y0.53%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FNB has a Yearly Dividend Yield of 3.52%.
Compared to an average industry Dividend Yield of 3.89, 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 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.52% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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 (4/24/2024, 7:04:00 PM)
After market: 13.67 0 (0%)13.67
+0.04 (+0.29%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap4.91B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.52% |
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 | 8.71 | ||
| Fwd PE | 9.46 | ||
| 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)1.25
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)12.95%
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)10.19%
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