F.N.B. Corporation Boosts Dividend 8% to $0.13 and Launches $250M Buyback
F.N.B. Corporation increased its quarterly dividend by 8% to $0.13 per share and authorized a new $250 million share repurchase program, adding to the $50 million remaining from its prior plan. The company has returned $2.3 billion to shareholders since 2009 and cut its payout ratio to 31%.
1. Dividend Increase
F.N.B. Corporation's board approved an 8% rise in its quarterly common stock dividend to $0.13 per share, up from $0.12. The dividend is payable June 15, 2026 to shareholders of record on June 1, 2026.
2. $250M Share Repurchase Program
The company authorized a new $250 million share buyback program, supplementing the $50 million remaining from its 2022 authorization. Repurchases will be made on the open market or through negotiated transactions using available working capital, with no fixed share count or guarantee of continuation.
3. Historical Capital Return and Performance
Since 2009, F.N.B. has returned $2.3 billion to shareholders through dividends and buybacks, reduced its dividend payout ratio from nearly 80% to 31%, and grown its balance sheet by 477%. Total shareholder return has outpaced the KBW Regional Banking Index by over 200%, reflecting disciplined execution of its long-term strategy.