F.N.B. Corporation Announces 8% Dividend Increase and \$250 Million Share Repurchase Program Following Strong Financial Results

Key Highlights for Investors

• 8% Increase to Quarterly Dividend: F.N.B. Corporation (NYSE: FNB) has announced an increase in its quarterly cash dividend to \$0.13 per common share, up one cent from the previous quarter.
• New \$250 Million Share Repurchase Program: The Board of Directors unanimously approved a new share repurchase authorization, allowing up to \$250 million in buybacks. This supplements the remaining \$50 million from the 2022 program, reflecting Q1 2026 repurchase activity.
• Exceptional Long-Term Performance: Since 2009, FNB has returned \$2.3 billion to shareholders through dividends and repurchases, increased its balance sheet by 477%, and delivered shareholder returns that outperformed the KBW Regional Banking Index by over 200%.
• Operational Excellence: FNB has maintained an industry-leading efficiency ratio (low-to-mid 50% range) and a disciplined dividend payout ratio, reduced from nearly 80% to 31%, aligning with industry peers.
• Strategic Investments: The company has invested significantly in digital and data analytics (notably the eStore®), as well as in advisory, capital markets, and enterprise risk management, fueling organic growth and effective scaling.

Details and Context

PITTSBURGH, PA – April 14, 2026 – F.N.B. Corporation’s sustained exceptional financial performance has enabled the company to boost its quarterly dividend by 8% and launch a substantial new share repurchase program. The dividend is payable on June 15, 2026, to shareholders of record as of June 1, 2026.

The \$250 million share buyback authorization is a significant capital deployment move, reflecting management’s confidence in the company’s future and its commitment to delivering shareholder value. Buybacks will be executed on the open market or through private transactions, funded by available working capital. There is no guarantee on the number of shares to be repurchased, and the company may discontinue repurchases at any time.

What Shareholders Need to Know

• Dividend Increase: This signals management’s optimism and financial strength, and directly boosts shareholder returns.
• Share Repurchase Program: The authorization of a new \$250 million buyback program, in addition to the remaining \$50 million from the prior program, can support the share price and potentially enhance earnings per share.
• Capital Management: FNB’s effective capital return strategy—reducing the payout ratio and maintaining robust capital levels—positions the company favorably versus peers.
• Growth and Innovation: Strategic investments in technology and business lines have not only fueled organic growth but have helped FNB weather economic cycles, including the global recession and pandemic.

About F.N.B. Corporation

Headquartered in Pittsburgh, Pennsylvania, F.N.B. Corporation is a diversified financial services company with over \$50 billion in assets and more than 350 banking offices across seven states and Washington, D.C. Its market footprint includes major metropolitan areas such as Pittsburgh, Baltimore, Cleveland, Washington D.C., Charlotte, Raleigh, Durham, the Piedmont Triad, and Charleston, South Carolina.

FNB offers a full suite of commercial and consumer banking services, wealth management, and boasts award-winning digital capabilities. Its common stock is listed on the NYSE under “FNB” and is part of the S&P MidCap 400 Index.

Contacts

Media Contact: Jennifer Reel, 724-983-4856, 724-699-6389, [email protected]
Analyst/Investor Contact: Lisa Hajdu, 412-385-4773, [email protected]

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. Investors should conduct their own research and consult with a qualified financial advisor before making investment decisions. The information contained herein is based on public filings and statements by F.N.B. Corporation and may be subject to change.

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