In a report released today, Frank Schiraldi from Piper Sandler maintained a Buy rating on F.N.B. (FNB – Research Report), with a price target of $14.00. The company’s shares closed yesterday at $11.63.
According to TipRanks, Schiraldi is a 5-star analyst with an average return of 12.0% and a 52.94% success rate. Schiraldi covers the Financial sector, focusing on stocks such as Meta Financial Group, Wsfs Financial, and Essa Bancorp.
Currently, the analyst consensus on F.N.B. is a Strong Buy with an average price target of $14.75, which is a 26.83% upside from current levels. In a report released on April 10, Wells Fargo also maintained a Buy rating on the stock with a $15.00 price target.
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Based on F.N.B.’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $415 million and a net profit of $139 million. In comparison, last year the company earned a revenue of $303 million and had a net profit of $99 million
Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is neutral on the stock.
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F.N.B. Corp. is a financial holding company, which engages in the provision of commercial banking, consumer banking, insurance and wealth management solutions through its subsidiaries. It operates through the following segments: Community Banking, Wealth Management and Insurance. The Community Banking segment offers commercial and consumer banking services. The Commercial Banking solutions include corporate banking, small business banking, investment real estate financing, international banking, business credit, capital markets, and lease financing. The Wealth Management segment delivers wealth management services to individuals, corporations and retirement funds, as well as existing customers of community banking. The Insurance segment is a full-service insurance brokerage agency offering numerous lines of commercial and personal insurance through major carriers. The company was founded in 1974 and is headquartered in Pittsburgh, PA.
Read More on FNB:
- F.N.B. Corporation Reports First Quarter 2023 Earnings
- F.N.B. Corporation Declares Cash Dividend on Non-Cumulative Perpetual Preferred Stock, Series E
- F.N.B. Corporation Declares Cash Dividend of $0.12 on Common Stock
- F.N.B. Corp (FNB) Q1 Earnings Cheat Sheet
- F.N.B. price target lowered to $15 from $16 at Raymond James
