F.N.B. Corporation has revised its full-year 2026 net interest income guidance to a range of $1.485 billion to $1.515 billion, down from the prior outlook of $1.495 billion to $1.535 billion. For the third quarter, net interest income is projected between $375 million and $385 million. The company also tightened its full-year noninterest expense guidance to $1.01 billion to $1.02 billion and lowered its provision range to $80 million to $95 million from $85 million to $105 million. Second quarter net income totaled $148.7 million, or $0.42 per share, with record revenue of $463 million driven by net interest income of $366 million and noninterest income of $97 million. Management cited a decline in one-month SOFR, a competitive deposit environment, and tighter loan spreads as factors behind the reduced net interest income outlook.
F.N.B. CorpF.N.B. lowered its full-year net interest income guidance due to declining SOFR, competitive deposits, and tighter loan spreads.