As of Jul 26, 2024, the FNB stock has a PE ratio of 12.54. The calculation is based on the latest EPS of $1.24 and the stock price of $15.55 per share. An increase of 40% has been observed in the PE ratio compared to its average of 9.0 of the last four quarters.
The mean historical PE ratio of Fnb over the last ten years is 12.87. The current 12.54 P/E ratio is 2.6% 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 current PE ratio of 12.54 is similar to the average of its peers, which is 12.42.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ACNB Acnb Corp | 11.29 | $333.73M |
| FCF First Commonwealth Financial Corp | 11.54 | $1.9B |
| MTB M&T Bank Corp | 11.76 | $29.18B |
| UVSP UNIVEST FINANCIAL Corp | 12.16 | $854.15M |
| RF Regions Financial Corp | 12.37 | $20.84B |
| FULT Fulton Financial Corp | 12.4 | $3.65B |
| FNB Fnb Corp | 12.54 | $5.59B |
| STBA S&T Bancorp Inc | 12.81 | $1.74B |
| HBAN Huntington Bancshares Inc | 13.51 | $21.93B |
| PNFP Pinnacle Financial Partners Inc | 13.94 | $7.55B |
The price to earnings ratio for FNB stock as of Jul 26, 2024, stands at 12.54.
The average PE ratio for FNB stock over the past 3 years is 9.61.
The average PE ratio for FNB stock over the past 5 years is 9.67.
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 2.6% 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 (Jul 26, 2024), Fnb's share price is $15.55. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.24. Therefore, Fnb's PE ratio for today is 12.54. PE RATIO(12.54) = STOCK PRICE($15.55) / TTM EPS($1.24)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.