FNB CORP (FNB) Stock Fundamental Analysis
NYSE:FNB - New York Stock Exchange, Inc. - US3025201019 - Common Stock - Currency: USD
FNB gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 395 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.
FNB had a positive operating cash flow in the past year.
In the past 5 years FNB has always been profitable.
FNB had a positive operating cash flow in each of the past 5 years.
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 worse than 60.00% 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
FNB's Profit Margin of 28.75% is fine compared to the rest of the industry. FNB outperforms 78.48% of its industry peers.
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.
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
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 74.68% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that FNB is not too dependend on debt financing.
FNB has a worse Debt to Equity ratio (0.32) than 71.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.69 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.56%
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
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 small growth in Revenue. The Revenue will grow by 7.44% on average per year.
EPS Next Y1.67%
EPS Next 2Y9.69%
EPS Next 3Y9.65%
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
Based on the Price/Earnings ratio of 11.11, the valuation of FNB can be described as reasonable.
Based on the Price/Earnings ratio, FNB is valued a bit cheaper than 72.66% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.28, FNB is valued rather cheaply.
With a Price/Forward Earnings ratio of 9.10, the valuation of FNB can be described as very reasonable.
FNB's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FNB is cheaper than 69.11% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FNB to the average of the S&P500 Index (21.76), we can say FNB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.11 | ||
| Fwd PE | 9.1 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FNB is valued a bit more expensive than the industry average as 66.58% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.71 | ||
| 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)6.64
PEG (5Y)3.36
EPS Next 2Y9.69%
EPS Next 3Y9.65%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.30%, FNB has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.47, FNB has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.42, FNB pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.3% |
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 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 2Y9.69%
EPS Next 3Y9.65%
15.33
+0.27 (+1.79%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners82.8%
Inst Owner Change-6.23%
Ins Owners1.14%
Ins Owner Change5.73%
Market Cap5.52B
Analysts85
Price Target16.77 (9.39%)
Short Float %3.42%
Short Ratio4.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.3% |
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)0.04%
PT rev (3m)-11.11%
EPS NQ rev (1m)0.18%
EPS NQ rev (3m)-1%
EPS NY rev (1m)0.4%
EPS NY rev (3m)0.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.3%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.11 | ||
| Fwd PE | 9.1 | ||
| P/S | 3.45 | ||
| P/FCF | 16.71 | ||
| P/OCF | 11.97 | ||
| P/B | 0.86 | ||
| P/tB | 1.42 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.38
EY9%
EPS(NY)1.68
Fwd EY10.99%
FCF(TTM)0.92
FCFY5.98%
OCF(TTM)1.28
OCFY8.36%
SpS4.45
BVpS17.84
TBVpS10.82
PEG (NY)6.64
PEG (5Y)3.36
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
WACC14.56%
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 Y1.67%
EPS Next 2Y9.69%
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 Year5.44%
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%