Form 8-K
8-K — FNB CORP/PA/
Accession: 0001552781-26-000246
Filed: 2026-04-14
Period: 2026-04-14
CIK: 0000037808
SIC: 6021 (NATIONAL COMMERCIAL BANKS)
Item: Other Events
Item: Financial Statements and Exhibits
Documents
8-K — e26201_fnb-8k.htm (Primary)
EX-99.1 (e26201_ex99-1.htm)
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UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT
TO SECTION
13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date of Report
(Date of earliest event reported): April 14, 2026
F.N.B. CORPORATION
FNB CORP/PA/
(Exact name of registrant as specified in its charter)
Pennsylvania
(State or other jurisdiction of incorporation)
001-31940
25-1255406
(Commission File Number)
(IRS Employer Identification No.)
626 Washington Place, Pittsburgh, PA
15219
(Address of principal executive offices)
(Zip Code)
(800) 555-5455
(Registrant’s
telephone number, including area code)
N/A
(Former
name or former address, if changed since last report)
Check the appropriate box below if
the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions
(see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to
Section 12(b) of the Act:
Title of Each Class
Trading Symbol(s)
Name of Exchange on which Registered
Common Stock, par value $0.01 per share
FNB
New York Stock Exchange
Indicate by check mark whether the
registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter)
or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth
company ☐
If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM
8.01.
OTHER
EVENTS
On April 14, 2026, F.N.B. Corporation
(the “Company”) issued a press release announcing that its Board of Directors increased the quarterly cash dividend
on its common stock to $0.13 per share payable on June 15, 2026.
The Company also announced that its
Board of Directors approved a new share repurchase program, authorizing the Company to repurchase up to $250 million of the Company’s
outstanding shares of common stock. The new share repurchase program is in addition to the $50 million in repurchase capacity
remaining available under the prior share repurchase program that was authorized in April 2022.
A copy of the press release is attached
hereto as Exhibit 99.1, and incorporated by reference herein.
ITEM 9.01.
FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits:
Exhibit Number
Description
99.1
Press release dated April 14, 2026
104
Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document).
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
F.N.B. CORPORATION
(Registrant)
By:
/s/ Vincent J. Calabrese, Jr.
Name:
Vincent J. Calabrese, Jr.
Title:
Chief Financial Officer
(Principal Financial Officer)
Dated: April 14, 2026
EX-99.1
EX-99.1
Filename: e26201_ex99-1.htm · Sequence: 2
Exhibit 99.1
FOR IMMEDIATE RELEASE
F.N.B. Corporation’s Continued Strong Financial Performance Leads to an 8%
Increase to the Quarterly Common Stock Cash Dividend
and the Authorization of
a New $250 Million Share Repurchase Program
PITTSBURGH, PA – April 14,
2026 – F.N.B. Corporation (NYSE: FNB) announced today two strategic actions to
deploy capital, resulting from sustained exceptional financial performance to continue to benefit FNB shareholders. In addition to declaring
a quarterly cash dividend of $0.13 per share on common stock, representing a one cent per share increase from the prior quarterly cash
dividend, the Company authorized a new $250 million share repurchase program. Both actions were unanimously approved by the Board of Directors
based on FNB executive management’s disciplined development and execution of its long-term strategic plans.
“Since assuming the role of President of First National Bank of Pennsylvania
in 2009, my goal has been to advance the Company’s long-term commitment to optimize our capital and shareholder value while also
reinvesting in the Company for continued future success. During this timeframe, FNB returned $2.3 billion of capital to shareholders through
both dividends and share repurchases, grew the balance sheet 477%, achieved a total shareholder return that outperformed the KBW Regional
Banking Index by more than 200%, reached record capital levels and effectively managed the dividend payout ratio from nearly 80% down
to 31%, in line with peer levels,” said F.N.B. Corporation Chairman, President and Chief Executive Officer, Vincent J. Delie, Jr.
Delie continued, “We have succeeded at creating a premier regional
institution that is recognized for its strong performance, signature innovation and disciplined senior management team. Long-term investments
in our award-winning digital and data analytics capabilities, including the eStore®, as well as in our Advisory and Capital Markets
businesses and enterprise risk management framework have propelled our organic growth and ensured we were able to add scale effectively.
During nearly two decades which included the challenges posed by the global recession and pandemic, we have maintained an industry-leading
efficiency ratio in the low-to-mid 50% range while consistently producing returns well above our cost of capital, evidencing the strength
of our business model, strategy and leadership.”
FNB’s quarterly stock dividend is payable on June 15, 2026, to shareholders
of record as of the close of business on June 1, 2026. The new share repurchase program authorizes the Company to repurchase up to $250
million of its outstanding shares of common stock, adding to the remaining $50 million from the prior share repurchase program authorized
in April 2022, which reflects first quarter 2026 repurchase activity. The repurchases will be made from time to time on the open market
at prevailing market prices or in privately negotiated transactions. The purchases will be funded from available working capital. There
is no guarantee as to the exact number of shares that will be repurchased, and FNB may discontinue repurchases at any time.
About F.N.B. Corporation
F.N.B. Corporation (NYSE: FNB), headquartered in Pittsburgh, Pennsylvania,
is a diversified financial services company operating in seven states and the District of Columbia. FNB’s market coverage spans
several major metropolitan areas including: Pittsburgh, Pennsylvania; Baltimore, Maryland; Cleveland, Ohio; Washington, D.C.; Charlotte,
Raleigh, Durham and the Piedmont Triad (Winston-Salem, Greensboro and High Point) in North Carolina; and Charleston, South Carolina. The
Company has total assets of more than $50 billion and over 350 banking offices throughout Pennsylvania, Ohio, Maryland, West Virginia,
North Carolina, South Carolina, Washington, D.C. and Virginia.
FNB provides a full range of commercial banking, consumer banking and wealth
management solutions through its subsidiary network which is led by its largest affiliate, First National Bank of Pennsylvania, founded
in 1864. Commercial banking solutions include corporate banking, small business banking, investment real estate financing, government
banking, business credit, capital markets and lease financing. The consumer banking segment provides a full line of consumer banking products
and services, including deposit products, mortgage lending, consumer lending and a complete suite of mobile and online banking services.
FNB's wealth management services include asset management, private banking and insurance.
The common stock of F.N.B. Corporation trades on the New York Stock Exchange
under the symbol "FNB" and is included in Standard & Poor's MidCap 400 Index with the Global Industry Classification Standard
(GICS) Regional Banks Sub-Industry Index. Customers, shareholders and investors can learn more about this regional financial institution
by visiting the F.N.B. Corporation website at www.fnbcorporation.com.
###
Media
Contact:
Jennifer
Reel, 724-983-4856, 724-699-6389 (cell)
Reel@fnb-corp.com
Analyst/Institutional
Investor Contact:
Lisa Hajdu, 412-385-4773
Hajdul@fnb-corp.com
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