F.N.B. Corp Raises Dividend by 8%

By Chris Stiles • Wednesday, April 15 14:54 • Permanent Link

F.N.B. Corporation raised its quarterly common stock cash dividend to $0.13 per share from $0.12, an increase of 8%. The dividend is payable June 15, 2026, to shareholders of record June 1.

The company also authorized a new $250 million share repurchase program. That adds to the remaining $50 million left under the prior program approved in April 2022, bringing total repurchase capacity to $300 million.

F.N.B. said it has returned $2.3 billion of capital to shareholders through dividends and buybacks since 2009. Over that same period, the company said its balance sheet grew 477%, its dividend payout ratio fell from nearly 80% to 31%, and total shareholder return outpaced the KBW Regional Banking Index by more than 200%.

The bank said it has maintained an efficiency ratio in the low-to-mid 50% range during that period. The market has reacted to these announcements by moving the company's shares 0.3% to a price of $16.54. Check out the company's full 8-K submission here.

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