FNB CORP/PA/ Earnings Per Share Disclosure
| Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (dollars in millions, except per share data) | |||||||||||||||||
| Net income | $ | 565 | $ | 465 | $ | 485 | |||||||||||
| Less: Preferred stock dividends | — | 6 | 8 | ||||||||||||||
| Net income available to common shareholders | $ | 565 | $ | 459 | $ | 477 | |||||||||||
| Basic weighted average common shares outstanding | 360,838,499 | 361,444,439 | 360,743,462 | ||||||||||||||
| Net effect of dilutive stock options and restricted stock | 1,115,475 | 1,193,165 | 2,154,344 | ||||||||||||||
| Diluted weighted average common shares outstanding | 361,953,974 | 362,637,604 | 362,897,806 | ||||||||||||||
| Earnings per common share: | |||||||||||||||||
| Basic | $ | 1.57 | $ | 1.27 | $ | 1.32 | |||||||||||
| Diluted | $ | 1.56 | $ | 1.27 | $ | 1.31 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 24, 2026 | Showing above |
| 2016 | Feb 23, 2017 | |
| 2015 | Feb 26, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.