F.N.B. Corporation Boosts Dividend and Authorizes $250M Buyback

The regional bank cites strong financial performance and strategic investments as drivers for returning capital to shareholders.

Apr. 14, 2026 at 8:33pm

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An extreme close-up of complex, interlocking metal gears and machinery, conveying the secure, powerful infrastructure of a major financial institution.F.N.B. Corporation's strategic capital deployment actions underscore the bank's financial strength and disciplined management.Today in Pittsburgh

F.N.B. Corporation, a diversified financial services company headquartered in Pittsburgh, announced two strategic actions to deploy capital: an 8% increase to its quarterly common stock cash dividend and the authorization of a new $250 million share repurchase program. The moves come as a result of the company's sustained exceptional financial performance and disciplined execution of its long-term strategic plans.

Why it matters

The dividend increase and share buyback program demonstrate F.N.B.'s commitment to optimizing capital and shareholder value, while also reinvesting in the company for continued future success. The actions reflect the bank's strong performance, innovation, and disciplined management during challenging economic times.

The details

F.N.B. Corporation's Board of Directors unanimously approved the capital actions, which include raising the quarterly cash dividend to $0.13 per share and authorizing a new $250 million share repurchase program. The company has a history of returning capital to shareholders, having repurchased $2.3 billion in shares and paid dividends since 2009. F.N.B. has also grown its balance sheet by 477% during this time and maintained an industry-leading efficiency ratio.

  • The quarterly stock dividend is payable on June 15, 2026, to shareholders of record as of June 1, 2026.
  • The new $250 million share repurchase program adds to the remaining $50 million from a prior program authorized in April 2022.

The players

F.N.B. Corporation

A diversified financial services company headquartered in Pittsburgh, Pennsylvania, with over $50 billion in total assets and more than 350 banking offices across seven states and Washington, D.C.

Vincent J. Delie, Jr.

Chairman, President and Chief Executive Officer of F.N.B. Corporation, who has led the company's strategic initiatives to optimize capital and shareholder value since becoming President in 2009.

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What they’re saying

“Since assuming the role of President of First National Bank of Pennsylvania in 2009, my goal has been to advance the Company's long-term commitment to optimize our capital and shareholder value while also reinvesting in the Company for continued future success.”

— Vincent J. Delie, Jr., Chairman, President and Chief Executive Officer, F.N.B. Corporation

What’s next

The company will begin repurchasing shares on the open market or through private negotiations, with the purchases funded from available working capital. There is no guarantee as to the exact number of shares that will be repurchased, and F.N.B. may discontinue the repurchases at any time.

The takeaway

F.N.B. Corporation's strategic actions to increase its dividend and authorize a new share buyback program demonstrate the bank's financial strength, disciplined management, and commitment to delivering value to its shareholders, even during challenging economic conditions.