FNB Historical PE Ratio Notes

— F.N.B. Corporation (ticker: FNB) is a diversified financial services company headquartered in Pittsburgh, Pennsylvania, operating primarily through its subsidiary, First National Bank of Pennsylvania. FNB provides a broad range of commercial & consumer banking services, including loans, deposits, wealth management, insurance, & treasury solutions, with a footprint focused on the Mid-Atlantic, Southeast, & Midwest regions. When analyzing FNB's historical price-to-earnings (P/E) ratio, it's essential to understand that as a regional bank, the company's earnings are closely tied to interest rates, loan demand, credit quality, & overall economic conditions in its markets. During periods of economic growth & stable credit, investors may award a higher P/E ratio, reflecting confidence in steady earnings. Conversely, banking industry risks such as rising loan losses or regulatory pressures can lead to lower P/E multiples. When reviewing FNB's charts & tables of price, earnings, & P/E ratio over time, keep in mind that fluctuations will often align with cycles in the broader economy, interest rate changes, & regional financial health. Thus, FNB's core business model directly influences how the market assesses its value through the P/E ratio.

On this page we presented the FNB Historical PE Ratio information for F N B' stock. The average FNB historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 11.7. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average FNB historical PE based on this TTM earnings result method is 11.8.

Let's now compare this FNB historical PE result, against the recent PE: when this page was posted on 5/8/2026, the most recent closing price for FNB had been 17.90, and the most recent quarterly earnings result, annualized, was 1.52. Meanwhile, the most recent TTM earnings summed to 1.65. From these numbers, we calculate the recent FNB PE on 5/8/2026 based on annualized quarterly EPS was 11.8. Based on FNB's history, that recent PE is elevated relative to the historical average, with the recent PE 0.9% higher than the historical average PE across our data set for F N B. Looking at the recent FNB PE on 5/8/2026 based on TTM EPS, we calculate the ratio at 10.8. Based on FNB's history, that recent PE is low relative to the historical average, with the recent PE 8.5% lower than the average PE across our F N B data set with TTM EPS used in the calculation at each period.

Another interesting FNB historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for FNB, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for FNB, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.36, 0.38, 0.41, and 0.50. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.38 and 0.41 — which gives us the median of 0.40. Basically the way to think about this 0.40 number is this: for the trailing four earnings reports, 0.40 marks the "middle ground" number where FNB has reported a value higher than 0.40 half the time, and has reported a value lower than 0.40 half the time. Annualizing that median value then gets us to 1.6/share, which we use as the denominator in our next PE calculation. With 17.90 as the numerator (as of 5/8/2026), the calculation is then 17.90 / 1.6 = 11.2 as the FNB PE ratio as of 5/8/2026, based on that annualized median value we calculated.

For self directed investors doing their due diligence on FNB or any other given stock, valuation analysis for FNB can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate F N B PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for FNB. Thanks for visiting, and the next time you need to research FNB Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.