Equity Analysis /
United States of America

US : F.N.B. Corporation - FNB | 4Q20 First Look: Reported Results Beat on Lower Provision; FY21 and 1Q21 Guidance the Focus

    CGS-CIMB
    20 January 2021
    Published byCGS-CIMB

    4Q20 results beat:F.N.B. reported 4Q20 GAAP EPS of $0.22. Excluding $12.3 million in losses related to debt extinguishment, and $10.5 million in branch consolidation expense, we estimate operating EPS were $0.27, coming in above both our $0.25 estimate and the $0.24 consensus. Our estimate includes