Truist cuts target for FNB stock to USD 19.00 after Q3 results
Published on 10/20/2026 at 19:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings
- Truist Financial cut its F.N.B. target from USD 20.50 to USD 19.00 on October 9, 2026.
- Third-quarter diluted earnings per share reached USD 0.43, matching the USD 0.43 consensus.
- FNB stock costs EUR 15.50 at Lang & Schwarz on October 20, 2026 at 8:59 p.m. CEST.
- Third-quarter net interest income rose 4.8 percent year over year to USD 376.5 million.
Truist Financial cut its price target for F.N.B. Corporation from USD 20.50 to USD 19.00 in a research note dated October 9, 2026, as reported by MarketBeat. The target is 9.13 percent above the USD 17.41 NYSE price cited by the latest quote. At Lang & Schwarz, FNB stock stood at EUR 15.50 on October 20, 2026 at 8:59 p.m. CEST.
Third-quarter earnings set the backdrop
F.N.B. reported third-quarter 2026 net income of USD 152.9 million, compared with USD 149.5 million in the third quarter of 2025. Diluted earnings per share reached USD 0.43 against USD 0.41 a year earlier and matched the consensus estimate, according to the company's October 19 release and F.N.B. Corporation.
The operating mix was uneven. Net interest income rose 4.8 percent year over year to USD 376.5 million, while non-interest income fell 5.7 percent to USD 92.6 million. Non-interest expense increased 5.5 percent to USD 256.9 million in the same quarter.
What does the target mean for valuation?
The USD 19.00 Truist target sits 9.13 percent above the USD 17.41 NYSE price. MarketBeat reported an average target of USD 20.33 from its analyst coverage on October 19, 2026, while the stock's price-to-earnings ratio was 10.24 and its annualized dividend yield was 3.00 percent in the latest quote.
Loans grew faster than fees
F.N.B.'s average loans and leases reached USD 36.1 billion in the third quarter of 2026, up 3.7 percent from a year earlier. Period-end loans and leases grew 8.5 percent annualized from the second quarter, while deposits increased 8.9 percent annualized. The contrast with the 5.7 percent decline in non-interest income leaves net interest income as the clearer operating driver.
Comparison with peers
F.N.B. Corporation: 2.65 percent above the prior NYSE close, P/E 10.24, market capitalization USD 6.1 billion.
Zions Bancorporation: 2.00 percent above the prior NYSE close, P/E 7.89, market capitalization USD 9.4 billion.
Citizens Financial Group: 2.12 percent above the prior NYSE close, P/E 12.92, market capitalization USD 27.0 billion.
Euro quote after hours
The Lang & Schwarz quote stood at EUR 15.50 on October 20, 2026 at 8:59 p.m. CEST. F.N.B. Corporation is listed on the New York Stock Exchange under FNB, while its third-quarter report covers the period ended September 30, 2026.
The further course of trading is shown by the continuously updated real-time quote of FNB stock.
F.N.B. Corporation stock facts
- Company: F.N.B. Corporation
- ISIN: US3025201019
- Ticker: FNB
- Primary exchange: New York Stock Exchange
- Price Lang & Schwarz (as of October 20, 2026, 8:59 p.m. CEST): EUR 15.50
- Market capitalization: USD 6.1 billion (as of October 20, 2026)
- Sector / Industry: Financial Services / Regional Banks
- Index membership: S&P 400
Market context: Market report S&P 500.
