F.N.B. (FNB) financial statements
F.N.B. reported revenue of $1.8B in fiscal 2025, up 9.0% a year over 9 years.
Net income was $565M.
Free cash flow was $376M, and the company returned $174M in dividends and $50M in net buybacks.
The diluted share count rose 74% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from F.N.B.'s 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $813M | $1.1B | $1.2B | $1.2B | $1.2B | $1.2B | $1.4B | $1.6B | $1.6B | $1.8B |
| Interest expense | $67M | $134M | $238M | $330M | $208M | $98M | $165M | $656M | — | — |
| Pre-tax income | $246M | $356M | $452M | $471M | $343M | $503M | $553M | $584M | $555M | $669M |
| Income tax | $75M | $157M | $79M | $84M | $57M | $98M | $114M | $99M | $90M | $104M |
| Net income | $171M | $199M | $373M | $387M | $286M | $405M | $439M | $485M | $465M | $565M |
| EPS (diluted) | $0.78 | $0.63 | $1.12 | $1.16 | $0.85 | $1.23 | $1.22 | $1.31 | $1.27 | $1.56 |
| Diluted shares | 208M | 304M | 326M | 326M | 325M | 323M | 354M | 363M | 363M | 362M |
| Net margin | 21.0% | 18.1% | 30.9% | 32.0% | 23.5% | 32.7% | 30.4% | 30.9% | 29.1% | 32.0% |
Balance sheet
Fiscal years, from F.N.B.'s 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $371M | $479M | $488M | $599M | $1.4B | $3.5B | $1.7B | $1.6B | $2.4B | $2.5B |
| Property, plant and equipment | $244M | $337M | $330M | $333M | $332M | $345M | $432M | $461M | $536M | $568M |
| Goodwill | $1.0B | $2.2B | $2.3B | $2.3B | $2.3B | $2.3B | $2.5B | $2.5B | $2.5B | $2.5B |
| Total assets | $21.8B | $31.4B | $33.1B | $34.6B | $37.4B | $39.5B | $43.7B | $46.2B | $48.6B | $50.2B |
| Total liabilities | $19.3B | $27.0B | $28.5B | $29.7B | $32.4B | $34.4B | $38.1B | $40.1B | $42.3B | $43.5B |
| Shareholders' equity | $2.6B | $4.4B | $4.6B | $4.9B | $5.0B | $5.2B | $5.7B | $6.0B | $6.3B | $6.8B |
| Net debt | -$371M | -$479M | -$488M | -$599M | -$1.4B | -$3.5B | -$1.7B | -$1.6B | -$2.4B | -$2.5B |
Cash flow
Fiscal years, from F.N.B.'s 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $293M | $279M | $611M | $259M | $113M | $530M | $1.2B | $423M | $642M | $482M |
| Capital spending | $60M | $57M | $35M | $46M | $41M | $58M | $95M | $88M | $139M | $106M |
| Free cash flow | $233M | $222M | $576M | $213M | $72M | $472M | $1.1B | $335M | $503M | $376M |
| Dividends paid | $102M | $143M | $157M | $157M | $157M | $156M | $171M | $174M | $175M | $174M |
| Share buybacks (net) | — | — | $0 | $0 | -$38M | -$43M | -$43M | -$36M | -$3M | -$50M |
| Net borrowing | $125M | $335M | $410M | -$198M | -$1.7B | -$680M | -$29M | $2.0B | -$211M | -$352M |
| Free cash flow margin | 28.7% | 20.2% | 47.7% | 17.6% | 5.9% | 38.2% | 77.8% | 21.3% | 31.5% | 21.3% |
| Dividends per share | $0.49 | $0.47 | $0.48 | $0.48 | $0.48 | $0.48 | $0.48 | $0.48 | $0.48 | $0.48 |
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Open FNB in InvestinglyQuestions
What was F.N.B.'s revenue in 2025?
$1.8B in fiscal 2025, from its 10-K filing.
How much free cash flow does F.N.B. generate?
$376M in fiscal 2025 (operating cash flow minus capital spending).
From F.N.B.'s annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.