Piper Sandler Reiterates Buy Rating on F.N.B. Corporation

Piper Sandler reiterated its buy rating for F.N.B. Corporation (NYSE:FNB) on June 26, 2026. The firm set a price target of $22, indicating confidence in the stock's potential upside. Shares of F.N.B. Corporation traded near $19.14 on Friday.

Other Institutional Activity in F.N.B. Corporation

BlackRock, Inc. grew its holdings by 1,870,621 shares, ending with 44,581,541 shares worth about $745.4 million. FMR LLC reduced its stake by 1,270,775 shares, resulting in 23,957,780 shares valued at approximately $400.6 million. Dimensional Fund Advisors LP added 143,608 shares, bringing its total to 19,872,512 shares valued at $332.3 million. Vanguard Portfolio Management LLC opened a new position with 19,676,421 shares worth about $329.0 million. Fuller & Thaler Asset Management, Inc. decreased its holdings by 3,145,499 shares, leaving it with 17,867,600 shares valued at $298.7 million.

F.N.B. Corporation Stock Up 4.1%

Shares of NYSE:FNB traded near $19.14 on Friday. F.N.B. Corporation has a market cap of $6.81 billion, a P/E ratio of 11.8, and a forward P/E of 9.8. The stock's beta is 0.877, indicating it is less volatile than the market. It has a 52-week low of $14.46 and a high of $19.32, with a 50-day moving average of $17.79 and a 200-day moving average of $17.03.

Recent Earnings

For the most recent period, F.N.B. Corporation reported revenue of $1.72 billion, reflecting a growth rate of 9.6%. The company achieved a net margin of 34.1% and a return on equity of 8.9%. The next earnings report is expected on July 16, 2026.

Dividend

F.N.B. Corporation offers an annual dividend rate of $0.52, yielding 2.72%. The dividend payout ratio stands at 29.6%, indicating a sustainable payout level.

Insider Buying and Selling at F.N.B. Corporation

On June 12, 2026, Chief Credit Officer Gary Guerrieri sold 19,000 shares at an average price of $18.53. On May 6, 2026, Chairman, President, and CEO Vincent Delie Jr. bought 4,748 shares at $17.90. Other insiders, including Frank Mencini, Mary Jo Dively, and Heidi Nicholas, also made purchases on the same date.

Analysts Set New Price Targets

On June 26, 2026, Piper Sandler maintained its buy rating with a $22 price target. Keefe, Bruyette & Woods and Truist Securities both maintained buy ratings with targets of $21.0 and $20.0, respectively, on April 20, 2026. The consensus among analysts is a buy rating, with a mean target price of $20.63 based on 8 analyst opinions.

About F.N.B. Corporation

F.N.B. Corporation is a financial holding company based in Pittsburgh, Pennsylvania. It offers a variety of banking and financial services primarily to consumers and businesses in the United States. The company operates through segments like Community Banking, Wealth Management, and Insurance, providing services ranging from consumer banking and mortgage lending to investment advisory and insurance products. Led by CEO Vincent J. Delie Jr., F.N.B. Corporation employs over 4,100 people and has a significant presence in several states, including Pennsylvania and Ohio.

Bottom Line

Piper Sandler's reiterated buy rating with a $22 target suggests continued optimism for F.N.B. Corporation. Investors should remember that analyst ratings are based on past performance and projections, not current market conditions. As always, 13F filings and analyst reports provide a snapshot of institutional sentiment and expectations.