F.N.B. Corporation Raises Quarterly Dividend 8% to $0.13 Per Share
F.N.B. Corporation, a diversified financial services company operating across seven states, increased its quarterly cash dividend to $0.13 per share, up from $0.12. The Pittsburgh-based bank's board also authorized a new $250 million share repurchase program.
F.N.B. Corporation (NYSE: FNB), a diversified financial services company operating in seven states and the District of Columbia, declared a quarterly cash dividend of $0.13 per share on April 14, 2026. The payment represents an 8% increase from the prior quarterly dividend of $0.12 per share. Read more dividend announcements.
The Pittsburgh-based bank's board of directors unanimously approved the dividend increase alongside a new $250 million share repurchase program. The repurchase authorization adds to $50 million remaining from a prior program established in April 2022.
| Dividend Details | Date |
|---|---|
| Amount | $0.13 per share |
| Record Date | June 1, 2026 |
| Payment Date | June 15, 2026 |
| Previous Amount | $0.12 per share |
| Increase | 8.3% |
Capital Deployment Strategy
Chairman, President and Chief Executive Officer Vincent J. Delie, Jr. cited the company's sustained financial performance as the basis for both capital actions. Since 2009, F.N.B. has returned $2.3 billion to shareholders through dividends and share repurchases while growing its balance sheet 477%.
The bank has reduced its dividend payout ratio from nearly 80% to 31% during that period, bringing it in line with regional banking peers. The company's total shareholder return outperformed the KBW Regional Banking Index by more than 200% over the timeframe.
F.N.B. operates more than 350 banking offices across Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, South Carolina, Washington D.C., and Virginia. The company serves major metropolitan areas including Pittsburgh, Baltimore, Cleveland, Washington D.C., Charlotte, Raleigh, Durham, and Charleston. F.N.B. holds total assets exceeding $50 billion.
Share repurchases under the new program will occur from time to time on the open market at prevailing prices or through privately negotiated transactions, funded from available working capital. The company maintains the discretion to discontinue repurchases at any time.