As of Apr 26, 2024, the FNB stock has a PE ratio of 10.41. The calculation is based on the latest EPS of $1.32 and the stock price of $13.74 per share. An increase of 29% has been observed in the PE ratio compared to its average of 8.1 of the last four quarters.
The mean historical PE ratio of Fnb over the last ten years is 12.99. The current 10.41 P/E ratio is 20% lower than the historical average. Looking back at the last ten years, FNB's PE ratio peaked in the Dec 2017 quarter at 21.94, with a price of $13.82 and an EPS of $0.63. The Sep 2023 quarter marked the lowest point at 6.83, with a price of $10.79 and an EPS of $1.58.
Maximum annual increase: 32.35% in 2016
Maximum annual decrease: -60.3% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.43 | -1.7% |
| 2022 | 10.61 | 8.49% |
| 2021 | 9.78 | -11.49% |
| 2020 | 11.05 | 1.84% |
| 2019 | 10.85 | 24.57% |
| 2018 | 8.71 | -60.3% |
| 2017 | 21.94 | 8.13% |
| 2016 | 20.29 | 32.35% |
| 2015 | 15.33 | -6.75% |
| 2014 | 16.44 | 5.52% |
Currently, FNB's PE ratio is higher than its 3 and 5-year averages, but it is lower than its 10-year average.
In comparison to its peers HBAN and PNFP, FNB's PE ratio is lower, but it is higher than MTB's and RF's. Fnb's PE ratio is trading above the peer average of 9.42.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STBA S&T Bancorp Inc | 8.24 | $1.18B |
| FCF First Commonwealth Financial Corp | 8.74 | $1.39B |
| UVSP UNIVEST FINANCIAL Corp | 8.77 | $626.89M |
| ACNB Acnb Corp | 9.18 | $290.54M |
| MTB M&T Bank Corp | 9.24 | $24.39B |
| RF Regions Financial Corp | 9.3 | $18.03B |
| FULT Fulton Financial Corp | 9.41 | $2.53B |
| FNB Fnb Corp | 10.41 | $4.93B |
| HBAN Huntington Bancshares Inc | 10.75 | $19.63B |
| PNFP Pinnacle Financial Partners Inc | 11.15 | $6.18B |
The price to earnings ratio for FNB stock as of Apr 26, 2024, stands at 10.41.
The average PE ratio for FNB stock over the past 3 years is 9.63.
The average PE ratio for FNB stock over the past 5 years is 9.59.
The highest quarterly PE ratio in the last ten years has been 21.94 and it was in the Dec 2017 quarter.
FNB's current price to earnings ratio is 20% below its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 26, 2024), Fnb's share price is $13.74. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.32. Therefore, Fnb's PE ratio for today is 10.41. PE RATIO(10.41) = STOCK PRICE($13.74) / TTM EPS($1.32)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.