FNB Corporation Increases Dividend and Authorizes $250M Buyback

The regional bank's strong financial performance leads to shareholder-friendly actions.

Apr. 14, 2026 at 8:50pm

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An extreme close-up of intricate, heavy-duty banking machinery and equipment, conveying the secure, industrial nature of the financial institution's operations.FNB Corporation's strategic capital allocation decisions underscore the bank's financial strength and commitment to shareholder value.Today in Pittsburgh

F.N.B. Corporation, a diversified financial services company headquartered in Pittsburgh, announced two strategic moves to benefit shareholders: an 8% increase to its quarterly common stock cash dividend and the authorization of a new $250 million share repurchase program. The actions were unanimously approved by the company's Board of Directors based on FNB's disciplined execution of its long-term strategic plans.

Why it matters

FNB's capital deployment decisions reflect its sustained exceptional financial performance and commitment to optimizing shareholder value. The dividend increase and new buyback program demonstrate the bank's confidence in its business model, strategy, and leadership team, which have enabled it to grow significantly and consistently produce strong returns despite economic challenges.

The details

FNB's quarterly cash dividend on common stock will increase by one cent per share to $0.13, payable on June 15, 2026. The new $250 million share repurchase program adds to the $50 million remaining from a prior authorization, allowing the company to buy back its shares on the open market or in private transactions. FNB says the repurchases will be funded from available working capital, but there is no guarantee on the exact number of shares that will be repurchased.

  • The quarterly cash dividend of $0.13 per share on common stock is payable on June 15, 2026, to shareholders of record as of the close of business on June 1, 2026.
  • The new $250 million share repurchase program was authorized by FNB's Board of Directors in April 2026.

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.

The 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 of First National Bank of Pennsylvania 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

“We have succeeded at creating a premier regional institution that is recognized for its strong performance, signature innovation and disciplined senior management team.”

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

What’s next

FNB says the share repurchases will be made from time to time on the open market at prevailing market prices or in privately negotiated transactions, with no guarantee on the exact number of shares that will be repurchased. The company also noted it may discontinue the repurchases at any time.

The takeaway

FNB's capital deployment decisions demonstrate the company's financial strength, disciplined management, and commitment to delivering shareholder value. The dividend increase and new buyback program reflect FNB's confidence in its ability to continue growing and generating robust returns, even in challenging economic environments.