Briefcase
PITTSBURGH
F.N.B. unveils 1Q numbers
F.N.B. Corporation reported earnings for the first quarter of 2026 with net income of $137.0 million, or $0.38 per diluted common share. Comparatively, first quarter 2025 net income totaled $116.5 million, or $0.32 per diluted common share, and fourth quarter of 2025 net income totaled $168.7 million, or $0.47 per diluted common share.
On an operating basis, there were no significant items impacting earnings for the first quarters of 2026 and 2025. By comparison, fourth quarter 2025 earnings per diluted common share on an operating basis (non-GAAP) was $0.50, excluding $16.6 million (pre-tax) of significant items impacting earnings.
“F.N.B. Corporation’s first quarter earnings increased 19% from the year-ago quarter to $0.38 per diluted common share. Pre-provision net revenue (non-GAAP) increased 17% as we generated positive operating leverage of 5% with continued solid non-interest income generation and growth in net interest income,” said F.N.B. Corporation Chairman, President and CEO Vincent J. Delie Jr.
JOHNSTOWN
1st Summit income increases
1st Summit Bancorp of Johnstown Inc. reported net income of $2.3 million for the first quarter of 2026, an increase of 34.7% compared to the fourth quarter of 2025.
Results for the quarter included a $446,000 gain on the sale of approximately $17 million of longer-duration securities. Excluding this item, adjusted net income was $1.9 million, representing a 13.4% increase over the prior quarter.
The first quarter reflects continued strengthening of the company’s earnings profile, driven by margin expansion, steady loan growth and disciplined expense management.
The bank serves communities throughout the counties of Cambria, Westmoreland, Blair, Somerset and Indiana.
