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F N B (FNB) Total Assets : $45,896 Mil (As of Mar. 2024)


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What is F N B Total Assets?

F N B's Total Assets for the quarter that ended in Mar. 2024 was $45,896 Mil.

Warning Sign:

If a company builds assets at 7.2% a year, faster than its revenue growth rate of 3.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, F N B's average Total Assets Growth Rate was 5.00% per year. During the past 3 years, the average Total Assets Growth Rate was 8.30% per year. During the past 5 years, the average Total Assets Growth Rate was 7.20% per year. During the past 10 years, the average Total Assets Growth Rate was 13.00% per year.

During the past 13 years, F N B's highest 3-Year average Total Assets Growth Rate was 28.00%. The lowest was -10.50%. And the median was 12.50%.

Total Assets is connected with ROA %. F N B's annualized ROA % for the quarter that ended in Mar. 2024 was 1.06%. Total Assets is also linked to Revenue through Asset Turnover. F N B's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.


F N B Total Assets Historical Data

The historical data trend for F N B's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

F N B Total Assets Chart

F N B Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34,615.00 37,354.00 39,513.00 43,725.00 46,158.00

F N B Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44,146.00 44,778.00 45,496.00 46,158.00 45,896.00

F N B Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

F N B's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=6050+40108
=46,158

F N B's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=6006+39890
=45,896

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


F N B  (NYSE:FNB) Total Assets Explanation

Total Assets is connected with ROA %.

F N B's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=488/( (46158+45896)/ 2 )
=488/46027
=1.06 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

F N B's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=407/( (46158+45896)/ 2 )
=407/46027
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

F N B Total Assets Related Terms

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F N B (FNB) Business Description

Traded in Other Exchanges
Address
12 Federal Street, One North Shore Center, Pittsburgh, PA, USA, 15212
F N B Corp has three reportable business segments: Community Banking, Wealth Management & Insurance. The majority of revenue is from the Community banking segment. It offers commercial & consumer banking services. Commercial banking solutions include corporate banking, small business banking, investment real estate financing, business credit, capital markets & lease financing. Consumer banking products & services include deposit products, mortgage lending, & consumer lending & a complete suite of mobile & online banking services. The group have Banking branches in Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, South Carolina, Washington, D.C. & Virginia. A majority of FNB's loan portfolio is in commercial real estate, while the majority of its revenue is net interest income.
Executives
William B Campbell director R.D. #2, 45 ROMAIN ROAD, PULASKI PA 16143
Pamela A Bena director 105 PARK AVE, VENETIA PA 15367
David J Malone director 5004 MCKNIGHT ROAD, PITTSBURGH PA 15237
James Orie officer: Chief Legal Officer, other: Corporate Secretary
Bryant Mitchell officer: Chief Wholesale Banking Office 12 FEDERAL STREET, PITTSBURGH PA 15212
Vincent J Calabrese officer: Chief Financial Officer C/O PEOPLE'S BANK, 850 MAIN STREET, BRIDGEPORT CT 06604
James L Dutey officer: Corporate Controller 100 7TH STREET, APT. 1507, PITTSBURGH PA 15222
Barry C Robinson officer: Chief Consumer Banking Officer 8285 WEMBLEY COURT, CHAGRIN FALLS OH 44023
Gary L Guerrieri officer: Chief Credit Officer 163 DODD DR, WASHINGTON PA 15301-9528
William J Strimbu director C/O FNB CORP, 2150 GOODLETTE RD. N., NAPLES FL 34102
Robert M Moorehead officer: Chief WholesaleBanking Officer 3323 SCATHELOCKE ROAD, PITTSBURGH PA 15235
Frank C Mencini director 21574 AWBREY PLACE, BROADLANDS VA 20148
Heidi A Nicholas director 210 WEST HAMILTON AVE, #360, STATE COLLEGE PA 16801
David L Motley director 517 AVONWORTH HEIGHTS DRIVE, PITTSBURGH PA 151237
John S Stanik director