$FNB (F.N.B. Corporation)

$FNB {{ '2016-05-25T17:07:10+0000' | timeago}} • Announcement

$FNB said it named Marty Muchnok as President of its insurance subsidiary, First National Insurance Agency, LLC (FNIA). Muchnok will transition into his new role upon the retirement of Dwight Kollmeier in June 2016. Muchnok joined FNIA in 2015 as SVP and Managing Director of Property and Casualty.

$FNB {{ '2018-01-19T15:38:45+0000' | timeago}} • Announcement

$FNB announced a significant financial commitment to both its employees and the communities it serves relating to the signing of the Tax Cuts and Jobs Act of 2017. As an investment in its workforce, $FNB plans to raise the minimum hourly wage for its employees to $15 by the end of 2019, accelerating an ongoing initiative to elevate hourly wages.

$FNB {{ '2018-01-11T21:05:36+0000' | timeago}} • Announcement

Financial services company $FNB has appointed Bryant Mitchell as EVP of Capital Markets and Specialty Finance Businesses. He will report to Chief Wholesale Banking Officer Robert Moorehead. In the past, Mitchell had held several key leadership roles in leading organisation.

$FNB {{ '2017-10-18T22:57:29+0000' | timeago}} • Announcement

$FNB declared a quarterly cash dividend of $18.13 per share on its Non-Cumulative Perpetual Preferred Stock, Series E, payable Nov. 15, 2017, to shareholders of record on Oct. 31, 2017. The BoD also declared a quarterly cash dividend of $0.12 per share on $FNB’s common stock, payable Dec. 15, 2017, to shareholders of record on Dec. 1, 2017.

$FNB {{ '2017-07-11T15:57:14+0000' | timeago}} • Announcement

First National Bank of Pennsylvania, subsidiary of $FNB, appointed Barbara Cottrell as SVP, Director of Corporate Compliance. Based in Pittsburgh, PA, Cottrell manages a team responsible for ensuring $FNB's adherence to all applicable consumer related laws, rules and regulations.

$FNB {{ '2017-05-24T12:09:32+0000' | timeago}} • Announcement

$FNB said directors Frank Mencini, James Chiafullo and Heidi Nicholas will assume the committee chair positions of the Audit, Nominating and Corporate Governance and Risk Committees on Dec. 20, 2017, as part of the Board leadership succession plan. The incumbent Lead Director, William Campbell, will continue in his role.

$FNB {{ '2017-05-24T12:08:20+0000' | timeago}} • Announcement

$FNB announced the implementation of its Board succession plan relative to several key leadership positions. Effective May 18, 2017, $FNB Board formally appointed Vincent Delie Jr., President and CEO, as Board Chairman beginning Dec. 20, 2017. Delie succeeds Stephen Gurgovits who will continue his service on the Board as Chairman Emeritus.

$FNB {{ '2017-05-18T12:23:36+0000' | timeago}} • Announcement

$FNB's BoD declared a quarterly cash dividend of 12 cents per common share, payable on June 15, 2017, to shareholders of record as of June 1, 2017. The company said its shareholders elected directors to serve a term of one year expiring in 2018 at its Annual Meeting.

$FNB {{ '2017-03-13T17:48:47+0000' | timeago}} • Announcement

$FNB completed its merger with North Carolina-based Yadkin Financial Corporation. As a result of the merger, $FNB has nearly $30Bil in total assets and more than 400 locations, with operations spanning eight states. The merger adds nearly 100 locations throughout North Carolina and upstate South Carolina to $FNB’s multi-state branch network.

$FNB {{ '2017-03-09T16:08:59+0000' | timeago}} • Announcement

Jim Dutey joined $FNB as SVP and Corporate Controller, succeeding Tim Rubritz who plans to retire this year. Additionally, Roy Halyama has been hired as SVP and Director of Corporate Finance. Dutey and Halyama report to CFO Vincent Calabrese Jr.

$FNB {{ '2017-02-27T16:17:18+0000' | timeago}} • Announcement

$FNB announced final receipt of all required regulatory clearances for its proposed merger of $YDKN. The final clearance for the pending $FNB-$YDKN merger as well as the merger of $YDKN's bank subsidiary, Yadkin Bank, into $FNB's bank subsidiary, First National Bank of Pennsylvania. The merger is expected to be completed by March 13.

$FNB {{ '2017-01-19T17:52:56+0000' | timeago}} • Webcast

For 2017, $FNB expects non-interest expense, excluding merger charges, to increase by $150-160MM from core expense of $471MM in 2016. The company expects Yadkin to add approx. $30MM per quarter, excluding amortization of intangibles, to the company's expense base beginning in 2H17.

$FNB {{ '2017-01-19T17:52:07+0000' | timeago}} • Webcast

For 2017, $FNB expects pro forma YoverY organic total loan growth in the high-single digits and organic total deposit growth in the mid-to-high single digits. Net interest income is expected to increase $270-290MM and non-interest income is expected to increase $60-70MM YoverY.

$FNB {{ '2017-01-19T17:29:34+0000' | timeago}} • Webcast

$FNB, which got the approval for $YDKN merger from both companies' shareholders in Dec. 2016, has internally announced organizational structure. In mid Dec., $FNB hired several experienced commercial and real estate banking professionals to lead its middle market teams in North and South Carolina.

$FNB {{ '2017-01-18T22:37:30+0000' | timeago}} • Announcement

For 4Q16, $FNB posted net interest income growth of 25% YoverY to $159.3MM and non-interest income growth of 18% to $51.1MM. Average loans totaled $14.8Bil and average deposits totaled $16Bil.

$FNB {{ '2017-01-18T22:29:23+0000' | timeago}} • Announcement

Pittsburgh, Pennsylvania-based financial services company $FNB reported 33% YoverY growth in 4Q16 net income to $49.3MM, or $0.23 per diluted share. Operating earnings, a non-GAAP measure, grew 9% YoverY to $0.24 per diluted share.

$FNB {{ '2016-12-14T15:59:59+0000' | timeago}} • Announcement

$FNB, which entered into an agreement to acquire Yadkin Financial Corp. in July 2016, hired Gregory Heaton as President of its new Charlotte region. The company will start operating in Charlotte region through the completion of its merger with Yadkin in early 2017.

$FNB {{ '2016-12-13T18:30:07+0000' | timeago}} • Announcement

$FNB's largest subsidiary, First National Bank of Pennsylvania, said it added a Touch ID fingerprint-based authentication to its FNB Direct mobile banking app. This enhancement to $FNB’s best-in-class mobile banking offering, Touch ID allows customers using supported mobile devices to log in to FNB Direct with just the touch of a finger.

$FNB {{ '2016-12-09T17:35:25+0000' | timeago}} • Announcement

Shareholders of $FNB and $YDKN approved the agreement and plan of merger between the two companies. The merger is expected to complete in 1Q17. $FNB also received approval for the merger from the North Carolina Commissioner of Banks. $YDKN's shareholders will be entitled to receive 2.16 shares of $FNB common stock for each $YDKN common share.

$FNB {{ '2016-10-20T15:54:56+0000' | timeago}} • Announcement

$FNB's BoD declared a quarterly cash dividend of 12 cents per common share. The dividend is payable on Dec. 15, 2016 to shareholders of record on Dec. 1, 2016.

$FNB {{ '2016-09-15T19:07:57+0000' | timeago}} • Announcement

$FNB appointed several consumer and small business banking leaders in North Carolina and South Carolina, which it will enter through the planned acquisition of Yadkin Financial Corp. In July 2016, $FNB announced its intent to merge with Yadkin.

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