| ☒ | Annual Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 | ||||
| ☐ | Transition Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 | ||||
| Pennsylvania | 25-1255406 | |||||||
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) | |||||||
| 626 Washington Place, | Pittsburgh, | PA | 15219 | |||||||||||
| (Address of principal executive offices) | (Zip Code) | |||||||||||||
| Securities registered pursuant to Section 12(b) of the Act: | ||||||||||||||
| Title of Each Class | Trading Symbol(s) | Name of Exchange on which Registered | ||||||||||||
| Common Stock, par value $0.01 per share | FNB | New York Stock Exchange | ||||||||||||
| Large accelerated filer | ☒ | Accelerated filer | ☐ | ||||||||
| Non-accelerated filer | ☐ | Smaller reporting company | ☐ | ||||||||
| Emerging growth company | ☐ | ||||||||||
| PAGE | ||||||||
| PART I | ||||||||
| Item 1. | ||||||||
| Item 1A. | ||||||||
| Item 1B. | ||||||||
| Item 1C. | ||||||||
| Item 2. | ||||||||
| Item 3. | ||||||||
| Item 4. | ||||||||
| PART II | ||||||||
| Item 5. | ||||||||
| Item 6. | ||||||||
| Item 7. | ||||||||
| Item 7A. | ||||||||
| Item 8. | ||||||||
| Item 9. | ||||||||
| Item 9A. | ||||||||
| Item 9B. | ||||||||
| Item 9C. | ||||||||
| PART III | ||||||||
| Item 10. | ||||||||
| Item 11. | ||||||||
| Item 12. | ||||||||
| Item 13. | ||||||||
| Item 14. | ||||||||
| PART IV | ||||||||
| Item 15. | ||||||||
| Item 16. | ||||||||
Acronym | Description | Acronym | Description | |||||||||||
| ACL | Allowance for credit losses | FNTC | First National Trust Company | |||||||||||
AFS | Available for sale | FOMC | Federal Open Market Committee | |||||||||||
| AI | Artificial intelligence | FRB | Board of Governors of the Federal Reserve System | |||||||||||
ALCO | Asset/Liability Committee | FTC | Federal Trade Commission | |||||||||||
AOCI | Accumulated other comprehensive income | FTE | Fully taxable equivalent | |||||||||||
ASC | Accounting Standards Codification | FVO | Fair value option | |||||||||||
ASU | Accounting Standards Update | GAAP | U.S. generally accepted accounting principles | |||||||||||
AULC | Allowance for unfunded loan commitments | GLB Act | Gramm-Leach Bliley Act of 1999 | |||||||||||
BHC Act | Bank Holding Company Act of 1956, as amended | GSE | Government-sponsored enterprises | |||||||||||
BOLI | Bank owned life insurance | HTM | Held to maturity | |||||||||||
| BSA | Bank Secrecy Act of 1970 | IDI | Insured depository institution | |||||||||||
CECL | Current expected credit losses | IRLC | Interest rate lock commitment | |||||||||||
CET1 | Common equity tier 1 | LCR | Liquidity Coverage Ratio | |||||||||||
CFPB | Consumer Financial Protection Bureau | LGD | Loss given default | |||||||||||
| CMO | Collateralized mortgage obligations | LIHTC | Low income housing tax credit | |||||||||||
CRA | Community Reinvestment Act of 1977 | MBS | Mortgage-backed securities | |||||||||||
DIF | Deposit Insurance Fund | MCH | Months of Cash on Hand | |||||||||||
Dodd-Frank Act | Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 | MD&A | Management's Discussion and Analysis of Financial Condition and Results of Operations | |||||||||||
DOJ | U.S. Department of Justice | MSRs | Mortgage servicing rights | |||||||||||
DTA | Deferred tax asset | NYSE | New York Stock Exchange | |||||||||||
DTL | Deferred tax liability | OCI | Other comprehensive income | |||||||||||
| ECOA | Equal Credit Opportunity Act | OCC | Office of the Comptroller of the Currency | |||||||||||
ERISA | Employee Retirement Income Security Act of 1974 | OREO | Other real estate owned | |||||||||||
| ERM Framework | Enterprise-wide risk management framework | PCD | Purchase credit deteriorated | |||||||||||
| EVE | Economic value of equity | Penn-Ohio | Penn-Ohio Life Insurance Company | |||||||||||
FASB | Financial Accounting Standards Board | R&S | Reasonable and supportable | |||||||||||
| FDI Act | Federal Deposit Insurance Act | SBA | Small Business Administration | |||||||||||
FDIC | Federal Deposit Insurance Corporation | SEC | Securities and Exchange Commission | |||||||||||
FDICIA | Federal Deposit Insurance Corporation Improvement Act of 1991 | SOFR | Secured Overnight Financing Rate | |||||||||||
FHLB | Federal Home Loan Bank | TPS | Trust preferred securities | |||||||||||
FNB | F.N.B. Corporation | U.S. | United States of America | |||||||||||
FNBIA | F.N.B. Investment Advisors, Inc. | UST | U.S. Department of the Treasury | |||||||||||
FNBPA | First National Bank of Pennsylvania | VIE | Variable interest entity | |||||||||||
FNIA | First National Insurance Agency, LLC | |||||||||||||
| Name | Age | Principal Occupation | ||||||||||||
| Vincent J. Delie, Jr. | 61 | Chairman, President and Chief Executive Officer | ||||||||||||
| Vincent J. Calabrese, Jr. | 63 | Chief Financial Officer | ||||||||||||
| Gary L. Guerrieri | 65 | Chief Credit Officer | ||||||||||||
| David B. Mitchell, II | 68 | Chief Wholesale Banking Officer | ||||||||||||
| Alfred D. Cho | 48 | Chief Consumer Banking Officer | ||||||||||||
| James G. Orie | 67 | Chief Legal Officer and Corporate Secretary | ||||||||||||
| James L. Dutey | 52 | Corporate Controller and Principal Accounting Officer | ||||||||||||
| December 31, 2025 | Community Banking | ||||
| Pennsylvania | 185 | ||||
| Ohio | 28 | ||||
| Maryland | 30 | ||||
| West Virginia | 2 | ||||
| North Carolina | 95 | ||||
| South Carolina | 7 | ||||
| Washington, D.C. | 1 | ||||
| Virginia | 7 | ||||
| Total number of branches/retail offices | 355 | ||||
| Total branches/retail offices owned | 186 | ||||
| Total branches/retail offices leased | 169 | ||||
| Period | Total number of shares purchased | Average price paid per share | Total number of shares purchased as part of publicly announced plans or programs | Maximum number (or approximate dollar value) of shares that may yet be purchased under the plans or programs | ||||||||||||||||||||||
| October 1 - October 31, 2025 | 250,000 | $ | 15.39 | 250,000 | $ | 99,831,318 | ||||||||||||||||||||
| November 1 - November 30, 2025 | 400,000 | $ | 15.60 | 400,000 | $ | 93,588,118 | ||||||||||||||||||||
| December 1 - December 31, 2025 | 450,000 | $ | 17.19 | 450,000 | $ | 85,848,443 | ||||||||||||||||||||
| Total | 1,100,000 | $ | 16.20 | 1,100,000 | ||||||||||||||||||||||

| Year-to-Date Results Summary | 2025 | 2024 | ||||||||||||
| Reported results | ||||||||||||||
| Net income available to common shareholders (millions) | $ | 565.4 | $ | 459.3 | ||||||||||
| Earnings per diluted common share | 1.56 | 1.27 | ||||||||||||
| Book value per common share | 18.92 | 17.52 | ||||||||||||
| Operating results (non-GAAP) | ||||||||||||||
| Operating net income available to common shareholders (millions) | $ | 576.7 | $ | 505.2 | ||||||||||
| Operating earnings per diluted common share | 1.59 | 1.39 | ||||||||||||
| Average diluted common shares outstanding (thousands) | 361,954 | 362,638 | ||||||||||||
Significant items impacting earnings (1) (millions) | ||||||||||||||
| Preferred dividend equivalent at redemption | $ | — | $ | (4.0) | ||||||||||
| FNB Foundation contribution (pre-tax) | (20.0) | — | ||||||||||||
| FNB Foundation contribution (after-tax) | (15.8) | — | ||||||||||||
| Branch consolidation costs (pre-tax) | — | (1.2) | ||||||||||||
| Branch consolidation costs (after-tax) | — | (0.9) | ||||||||||||
| FDIC assessment (pre-tax) | 5.6 | (5.2) | ||||||||||||
| FDIC assessment (after-tax) | 4.5 | (4.1) | ||||||||||||
| Realized loss on investment securities restructuring (pre-tax) | — | (34.0) | ||||||||||||
| Realized loss on investment securities restructuring (after-tax) | — | (26.8) | ||||||||||||
| Software impairment (pre-tax) | — | (3.7) | ||||||||||||
| Software impairment (after-tax) | — | (2.9) | ||||||||||||
| Loss related to indirect auto loan sales (pre-tax) | — | (9.0) | ||||||||||||
| Loss related to indirect auto loan sales (after-tax) | — | (7.1) | ||||||||||||
| Total significant items (after-tax) | $ | (11.3) | $ | (45.8) | ||||||||||
| Capital measures | ||||||||||||||
| CET1 capital ratio | 11.36 | % | 10.58 | % | ||||||||||
| Tangible common equity to tangible assets (non-GAAP) | 8.89 | 8.18 | ||||||||||||
| Tangible book value per common share (non-GAAP) | $ | 11.87 | $ | 10.49 | ||||||||||
| (1) Favorable (unfavorable) impact on earnings | ||||||||||||||
| Year Ended December 31 | $ Change | % Change | |||||||||||||||||||||
| (dollars in thousands, except per share data) | 2025 | 2024 | |||||||||||||||||||||
| Net interest income | $ | 1,395,755 | $ | 1,280,443 | $ | 115,312 | 9.0 | % | |||||||||||||||
| Provision for credit losses | 85,951 | 79,776 | 6,175 | 7.7 | |||||||||||||||||||
| Non-interest income | 369,292 | 316,395 | 52,897 | 16.7 | |||||||||||||||||||
| Non-interest expense | 1,009,740 | 961,339 | 48,401 | 5.0 | |||||||||||||||||||
| Income taxes | 103,969 | 90,391 | 13,578 | 15.0 | |||||||||||||||||||
| Net income | 565,387 | 465,332 | 100,055 | 21.5 | |||||||||||||||||||
Less: Preferred stock dividends (1) | — | 6,005 | (6,005) | (100.0) | |||||||||||||||||||
| Net income available to common shareholders | $ | 565,387 | $ | 459,327 | $ | 106,060 | 23.1 | % | |||||||||||||||
| Earnings per common share – Basic | $ | 1.57 | $ | 1.27 | $ | 0.30 | 23.6 | % | |||||||||||||||
| Earnings per common share – Diluted | 1.56 | 1.27 | 0.29 | 22.8 | |||||||||||||||||||
| Cash dividends per common share | 0.48 | 0.48 | — | — | |||||||||||||||||||
| Year Ended December 31 | 2025 | 2024 | |||||||||
| Return on average equity | 8.66 | % | 7.59 | % | |||||||
Return on average tangible common equity (1) | 14.42 | 13.21 | |||||||||
| Return on average assets | 1.15 | 0.99 | |||||||||
Return on average tangible assets (1) | 1.24 | 1.08 | |||||||||
| Equity to assets | 13.46 | 12.96 | |||||||||
| Average equity to average assets | 13.27 | 13.10 | |||||||||
Tangible common equity to tangible assets (1) | 8.89 | 8.18 | |||||||||
| CET1 capital ratio | 11.36 | 10.58 | |||||||||
| Dividend payout ratio | 30.83 | 38.03 | |||||||||
| Book value per common share | $ | 18.92 | $ | 17.52 | |||||||
Tangible book value per common share (1) | 11.87 | 10.49 | |||||||||
| Year Ended December 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||||||||||||||||||||||||||||||||||||||
| (dollars in thousands) | Average Balance | Interest Income/ Expense | Yield/ Rate | Average Balance | Interest Income/ Expense | Yield/ Rate | Average Balance | Interest Income/ Expense | Yield/ Rate | ||||||||||||||||||||||||||||||||||||||||||||
| Assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest-bearing deposits with banks | $ | 1,738,835 | $ | 69,958 | 4.02 | % | $ | 1,016,253 | $ | 42,894 | 4.22 | % | $ | 1,053,176 | $ | 40,860 | 3.88 | % | |||||||||||||||||||||||||||||||||||
Taxable investment securities (1) | 6,586,431 | 231,135 | 3.51 | 6,189,126 | 194,815 | 3.15 | 6,099,052 | 148,374 | 2.43 | ||||||||||||||||||||||||||||||||||||||||||||
Tax-exempt investment securities (1) (2) | 1,004,803 | 35,007 | 3.48 | 1,027,913 | 35,453 | 3.45 | 1,052,416 | 36,476 | 3.46 | ||||||||||||||||||||||||||||||||||||||||||||
| Loans held for sale | 272,587 | 19,790 | 7.26 | 213,210 | 16,469 | 7.72 | 131,985 | 9,496 | 7.19 | ||||||||||||||||||||||||||||||||||||||||||||
Loans and leases (2) (3) | 34,590,865 | 1,981,957 | 5.73 | 33,320,176 | 1,974,205 | 5.92 | 31,372,574 | 1,749,786 | 5.58 | ||||||||||||||||||||||||||||||||||||||||||||
Total interest-earning assets (2) | 44,193,521 | 2,337,847 | 5.29 | 41,766,678 | 2,263,836 | 5.42 | 39,709,203 | 1,984,992 | 5.00 | ||||||||||||||||||||||||||||||||||||||||||||
| Cash and due from banks | 398,313 | 400,194 | 435,271 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Allowance for credit losses | (437,404) | (419,291) | (409,342) | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Premises and equipment | 554,540 | 493,820 | 456,844 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Other assets | 4,514,166 | 4,571,166 | 4,417,627 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Total assets | $ | 49,223,136 | $ | 46,812,567 | $ | 44,609,603 | |||||||||||||||||||||||||||||||||||||||||||||||
| Liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deposits: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest-bearing demand | $ | 17,337,972 | 439,467 | 2.53 | $ | 15,204,358 | 416,860 | 2.74 | $ | 14,296,571 | 283,914 | 1.99 | |||||||||||||||||||||||||||||||||||||||||
| Savings | 3,129,059 | 29,943 | 0.96 | 3,314,905 | 39,926 | 1.20 | 3,766,920 | 37,338 | 0.99 | ||||||||||||||||||||||||||||||||||||||||||||
| Certificates and other time | 7,344,944 | 267,655 | 3.64 | 6,929,342 | 297,183 | 4.29 | 5,176,674 | 173,680 | 3.36 | ||||||||||||||||||||||||||||||||||||||||||||
| Total interest-bearing deposits | 27,811,975 | 737,065 | 2.65 | 25,448,605 | 753,969 | 2.96 | 23,240,165 | 494,932 | 2.13 | ||||||||||||||||||||||||||||||||||||||||||||
| Short-term borrowings | 1,651,597 | 67,891 | 4.09 | 2,057,597 | 99,055 | 4.80 | 2,075,751 | 77,883 | 3.75 | ||||||||||||||||||||||||||||||||||||||||||||
| Long-term borrowings | 2,502,234 | 124,829 | 4.99 | 2,292,523 | 118,683 | 5.18 | 1,685,554 | 83,332 | 4.94 | ||||||||||||||||||||||||||||||||||||||||||||
| Total interest-bearing liabilities | 31,965,806 | 929,785 | 2.91 | 29,798,725 | 971,707 | 3.26 | 27,001,470 | 656,147 | 2.43 | ||||||||||||||||||||||||||||||||||||||||||||
| Non-interest-bearing demand deposits | 9,847,253 | 9,897,298 | 10,900,280 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Total deposits and borrowings | 41,813,059 | 2.22 | 39,696,023 | 2.45 | 37,901,750 | 1.73 | |||||||||||||||||||||||||||||||||||||||||||||||
| Other liabilities | 878,912 | 984,198 | 856,771 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Total liabilities | 42,691,971 | 40,680,221 | 38,758,521 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Shareholders’ equity | 6,531,165 | 6,132,346 | 5,851,082 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Total liabilities and shareholders’ equity | $ | 49,223,136 | $ | 46,812,567 | $ | 44,609,603 | |||||||||||||||||||||||||||||||||||||||||||||||
| Net interest-earning assets | $ | 12,227,715 | $ | 11,967,953 | $ | 12,707,733 | |||||||||||||||||||||||||||||||||||||||||||||||
Net interest income (FTE) (2) | 1,408,062 | 1,292,129 | 1,328,845 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax-equivalent adjustment | (12,307) | (11,686) | (12,341) | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Net interest income | $ | 1,395,755 | $ | 1,280,443 | $ | 1,316,504 | |||||||||||||||||||||||||||||||||||||||||||||||
| Net interest spread | 2.38 | % | 2.16 | % | 2.57 | % | |||||||||||||||||||||||||||||||||||||||||||||||
Net interest margin (2) | 3.19 | % | 3.09 | % | 3.35 | % | |||||||||||||||||||||||||||||||||||||||||||||||
2025 vs 2024 | 2024 vs 2023 | ||||||||||||||||||||||||||||||||||
| (in thousands) | Volume | Rate | Net | Volume | Rate | Net | |||||||||||||||||||||||||||||
Interest Income (1) | |||||||||||||||||||||||||||||||||||
| Interest-bearing deposits with banks | $ | 29,085 | $ | (2,021) | $ | 27,064 | $ | (1,447) | $ | 3,481 | $ | 2,034 | |||||||||||||||||||||||
Investment securities (2) | 14,637 | 21,237 | 35,874 | 1,461 | 43,957 | 45,418 | |||||||||||||||||||||||||||||
| Loans held for sale | 4,466 | (1,146) | 3,320 | 5,723 | 1,250 | 6,973 | |||||||||||||||||||||||||||||
Loans and leases (2) | 61,930 | (54,178) | 7,752 | 112,573 | 111,846 | 224,419 | |||||||||||||||||||||||||||||
Total interest income (2) | 110,118 | (36,108) | 74,010 | 118,310 | 160,534 | 278,844 | |||||||||||||||||||||||||||||
Interest Expense (1) | |||||||||||||||||||||||||||||||||||
| Deposits: | |||||||||||||||||||||||||||||||||||
| Interest-bearing demand | 73,832 | (51,225) | 22,607 | 40,699 | 92,247 | 132,946 | |||||||||||||||||||||||||||||
| Savings | (3,493) | (6,491) | (9,984) | 604 | 1,984 | 2,588 | |||||||||||||||||||||||||||||
| Certificates and other time | 14,802 | (44,331) | (29,529) | 65,812 | 57,691 | 123,503 | |||||||||||||||||||||||||||||
| Short-term borrowings | (19,612) | (11,552) | (31,164) | 2,999 | 18,173 | 21,172 | |||||||||||||||||||||||||||||
| Long-term borrowings | 10,348 | (4,202) | 6,146 | 30,657 | 4,694 | 35,351 | |||||||||||||||||||||||||||||
| Total interest expense | 75,877 | (117,801) | (41,924) | 140,771 | 174,789 | 315,560 | |||||||||||||||||||||||||||||
Net change (2) | $ | 34,241 | $ | 81,693 | $ | 115,934 | $ | (22,461) | $ | (14,255) | $ | (36,716) | |||||||||||||||||||||||
2025 vs 2024 | 2024 vs 2023 | ||||||||||||||||||||||||||||||||||||||||
| (dollars in thousands) | 2025 | 2024 | $ Change | % Change | 2023 | $ Change | % Change | ||||||||||||||||||||||||||||||||||
| Provision for credit losses on loans and leases | $ | 87,181 | $ | 79,904 | $ | 7,277 | 9 | % | $ | 71,607 | $ | 8,297 | 12 | % | |||||||||||||||||||||||||||
| Provision for unfunded loan commitments | (1,272) | (98) | (1,174) | (1,198) | 99 | (197) | (199) | ||||||||||||||||||||||||||||||||||
| Total provision for credit losses on loans and leases | 85,909 | 79,806 | 6,103 | 8 | 71,706 | 8,100 | 11 | ||||||||||||||||||||||||||||||||||
| Provision for investment securities | 42 | (30) | 72 | (240) | 48 | (78) | (163) | ||||||||||||||||||||||||||||||||||
| Total provision for credit losses | $ | 85,951 | $ | 79,776 | $ | 6,175 | 8 | % | $ | 71,754 | $ | 8,022 | 11 | % | |||||||||||||||||||||||||||
| Net loan charge-offs | $ | 70,451 | $ | 62,660 | $ | 7,791 | 12 | % | $ | 67,755 | $ | (5,095) | (8) | % | |||||||||||||||||||||||||||
| Net loan charge-offs / total average loans and leases | 0.20 | % | 0.19 | % | 0.22 | % | |||||||||||||||||||||||||||||||||||
2025 vs 2024 | 2024 vs 2023 | |||||||||||||||||||||||||||||||||||||||||||
| (dollars in thousands) | 2025 | 2024 | $ Change | % Change | 2023 | $ Change | % Change | |||||||||||||||||||||||||||||||||||||
| Service charges | $ | 92,489 | $ | 90,996 | $ | 1,493 | 1.6 | % | $ | 81,892 | $ | 9,104 | 11.1 | % | ||||||||||||||||||||||||||||||
| Interchange and card transaction fees | 52,393 | 51,539 | 854 | 1.7 | 52,752 | (1,213) | (2.3) | |||||||||||||||||||||||||||||||||||||
| Trust services | 47,849 | 45,576 | 2,273 | 5.0 | 42,490 | 3,086 | 7.3 | |||||||||||||||||||||||||||||||||||||
| Insurance commissions and fees | 20,173 | 22,370 | (2,197) | (9.8) | 23,104 | (734) | (3.2) | |||||||||||||||||||||||||||||||||||||
| Securities commissions and fees | 35,699 | 31,005 | 4,694 | 15.1 | 27,734 | 3,271 | 11.8 | |||||||||||||||||||||||||||||||||||||
| Capital markets income | 26,629 | 24,239 | 2,390 | 9.9 | 27,103 | (2,864) | (10.6) | |||||||||||||||||||||||||||||||||||||
| Mortgage banking operations | 28,111 | 27,380 | 731 | 2.7 | 20,692 | 6,688 | 32.3 | |||||||||||||||||||||||||||||||||||||
| Dividends on non-marketable equity securities | 23,521 | 25,046 | (1,525) | (6.1) | 21,262 | 3,784 | 17.8 | |||||||||||||||||||||||||||||||||||||
| Bank owned life insurance | 18,660 | 16,741 | 1,919 | 11.5 | 11,945 | 4,796 | 40.2 | |||||||||||||||||||||||||||||||||||||
| Net securities gains (losses) | 58 | (34,011) | 34,069 | n/m | (67,432) | 33,421 | 49.6 | |||||||||||||||||||||||||||||||||||||
| Other | 23,710 | 15,514 | 8,196 | 52.8 | 12,790 | 2,724 | 21.3 | |||||||||||||||||||||||||||||||||||||
| Total non-interest income | $ | 369,292 | $ | 316,395 | $ | 52,897 | 16.7 | % | $ | 254,332 | $ | 62,063 | 24.4 | % | ||||||||||||||||||||||||||||||
| n/m - not meaningful | ||||||||||||||||||||||||||||||||||||||||||||
| $ | % | ||||||||||||||||||||||
| (dollars in thousands) | 2025 | 2024 | Change | Change | |||||||||||||||||||
| Total non-interest income, as reported | $ | 369,292 | $ | 316,395 | $ | 52,897 | 16.7 | % | |||||||||||||||
| Significant items: | |||||||||||||||||||||||
| Realized loss on investment securities restructuring | — | 33,980 | (33,980) | ||||||||||||||||||||
Total non-interest income, excluding significant items (1) | $ | 369,292 | $ | 350,375 | $ | 18,917 | 5.4 | % | |||||||||||||||
| (1) Non-GAAP | |||||||||||||||||||||||
2025 vs 2024 | 2024 vs 2023 | |||||||||||||||||||||||||||||||||||||||||||
| (dollars in thousands) | 2025 | 2024 | $ Change | % Change | 2023 | $ Change | % Change | |||||||||||||||||||||||||||||||||||||
| Salaries and employee benefits | $ | 530,326 | $ | 504,101 | $ | 26,225 | 5.2 | % | $ | 461,677 | $ | 42,424 | 9.2 | % | ||||||||||||||||||||||||||||||
| Net occupancy | 78,047 | 79,057 | (1,010) | (1.3) | 70,802 | 8,255 | 11.7 | |||||||||||||||||||||||||||||||||||||
| Equipment | 107,410 | 97,607 | 9,803 | 10.0 | 90,818 | 6,789 | 7.5 | |||||||||||||||||||||||||||||||||||||
| Outside services | 107,276 | 96,173 | 11,103 | 11.5 | 83,885 | 12,288 | 14.6 | |||||||||||||||||||||||||||||||||||||
| Marketing | 20,404 | 20,884 | (480) | (2.3) | 17,316 | 3,568 | 20.6 | |||||||||||||||||||||||||||||||||||||
| FDIC insurance | 28,341 | 41,460 | (13,119) | (31.6) | 60,815 | (19,355) | (31.8) | |||||||||||||||||||||||||||||||||||||
| Bank shares tax | 13,292 | 13,596 | (304) | (2.2) | 13,609 | (13) | (0.1) | |||||||||||||||||||||||||||||||||||||
| Other | 124,644 | 108,461 | 16,183 | 14.9 | 116,514 | (8,053) | (6.9) | |||||||||||||||||||||||||||||||||||||
| Total non-interest expense | $ | 1,009,740 | $ | 961,339 | $ | 48,401 | 5.0 | % | $ | 915,436 | $ | 45,903 | 5.0 | % | ||||||||||||||||||||||||||||||
| (dollars in thousands) | 2025 | 2024 | $ Change | % Change | |||||||||||||||||||
| Total non-interest expense, as reported | $ | 1,009,740 | $ | 961,339 | $ | 48,401 | 5.0 | % | |||||||||||||||
| Significant items: | |||||||||||||||||||||||
| FNB Foundation contribution | (20,000) | — | (20,000) | ||||||||||||||||||||
| Branch consolidation costs | — | (1,194) | 1,194 | ||||||||||||||||||||
| FDIC special assessment | 5,647 | (5,212) | 10,859 | ||||||||||||||||||||
| Software impairment | — | (3,690) | 3,690 | ||||||||||||||||||||
| Loss related to indirect auto loan sales | — | (8,969) | 8,969 | ||||||||||||||||||||
Total non-interest expense, excluding significant items (1) | $ | 995,387 | $ | 942,274 | $ | 53,113 | 5.6 | % | |||||||||||||||
| Year ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (dollars in thousands) | |||||||||||||||||
| Income tax expense | $ | 103,969 | $ | 90,391 | $ | 98,795 | |||||||||||
| Effective tax rate | 15.5 | % | 16.3 | % | 16.9 | % | |||||||||||
| Statutory federal tax rate | 21.0 | 21.0 | 21.0 | ||||||||||||||
| December 31 | 2025 | 2024 | $ Change | % Change | |||||||||||||||||||
| (dollars in millions) | |||||||||||||||||||||||
| Assets | |||||||||||||||||||||||
| Cash and cash equivalents | $ | 2,498 | $ | 2,419 | $ | 79 | 3.3 | % | |||||||||||||||
| Investment securities | 7,844 | 7,445 | 399 | 5.4 | |||||||||||||||||||
| Loans held for sale | 515 | 218 | 297 | 136.2 | |||||||||||||||||||
| Loans and leases, net | 34,338 | 33,516 | 822 | 2.5 | |||||||||||||||||||
| Goodwill and other intangibles | 2,516 | 2,529 | (13) | (0.5) | |||||||||||||||||||
| Other assets | 2,518 | 2,498 | 20 | 0.8 | |||||||||||||||||||
| Total Assets | $ | 50,229 | $ | 48,625 | $ | 1,604 | 3.3 | % | |||||||||||||||
| Liabilities and Shareholders’ Equity | |||||||||||||||||||||||
| Deposits | $ | 38,759 | $ | 37,107 | $ | 1,652 | 4.5 | % | |||||||||||||||
| Borrowings | 3,918 | 4,268 | (350) | (8.2) | |||||||||||||||||||
| Other liabilities | 793 | 948 | (155) | (16.4) | |||||||||||||||||||
| Total Liabilities | 43,470 | 42,323 | 1,147 | 2.7 | |||||||||||||||||||
| Shareholders’ Equity | 6,759 | 6,302 | 457 | 7.3 | |||||||||||||||||||
| Total Liabilities and Shareholders’ Equity | $ | 50,229 | $ | 48,625 | $ | 1,604 | 3.3 | % | |||||||||||||||
| December 31 | 2025 | 2024 | $ Change | % Change | |||||||||||||||||||
| (dollars in millions) | |||||||||||||||||||||||
| Commercial real estate | $ | 12,274 | $ | 12,705 | $ | (431) | (3.4) | % | |||||||||||||||
| Commercial and industrial | 7,718 | 7,550 | 168 | 2.2 | |||||||||||||||||||
| Commercial leases | 791 | 765 | 26 | 3.4 | |||||||||||||||||||
| Other | 141 | 144 | (3) | (2.1) | |||||||||||||||||||
| Total commercial loans and leases | 20,924 | 21,164 | (240) | (1.1) | |||||||||||||||||||
| Direct installment | 2,678 | 2,676 | 2 | 0.1 | |||||||||||||||||||
| Residential mortgages | 8,882 | 7,986 | 896 | 11.2 | |||||||||||||||||||
| Indirect installment | 767 | 739 | 28 | 3.8 | |||||||||||||||||||
| Consumer lines of credit | 1,526 | 1,374 | 152 | 11.1 | |||||||||||||||||||
| Total consumer loans | 13,853 | 12,775 | 1,078 | 8.4 | |||||||||||||||||||
| Total loans and leases | $ | 34,777 | $ | 33,939 | $ | 838 | 2.5 | % | |||||||||||||||
| (in millions) | Within 1 Year | 1-5 Years | Over 5 Years Through 15 years | After 15 Years | Total | ||||||||||||||||||||||||
| Commercial real estate | $ | 2,397 | $ | 6,252 | $ | 3,226 | $ | 399 | $ | 12,274 | |||||||||||||||||||
| Commercial and industrial | 1,821 | 4,408 | 1,268 | 221 | 7,718 | ||||||||||||||||||||||||
| Commercial leases | 84 | 431 | 273 | 3 | 791 | ||||||||||||||||||||||||
| Other | 56 | 82 | 3 | — | 141 | ||||||||||||||||||||||||
| Total commercial loans and leases | 4,358 | 11,173 | 4,770 | 623 | 20,924 | ||||||||||||||||||||||||
| Direct installment | 62 | 219 | 1,491 | 906 | 2,678 | ||||||||||||||||||||||||
| Residential mortgages | 9 | 72 | 363 | 8,438 | 8,882 | ||||||||||||||||||||||||
| Indirect installment | 11 | 315 | 441 | — | 767 | ||||||||||||||||||||||||
| Consumer lines of credit | 348 | 43 | 208 | 927 | 1,526 | ||||||||||||||||||||||||
| Total consumer loans | 430 | 649 | 2,503 | 10,271 | 13,853 | ||||||||||||||||||||||||
| Total | $ | 4,788 | $ | 11,822 | $ | 7,273 | $ | 10,894 | $ | 34,777 | |||||||||||||||||||
| Loans with maturities over one year: | |||||||||||||||||||||||||||||
| Fixed | $ | 3,900 | $ | 3,625 | $ | 5,159 | $ | 12,684 | |||||||||||||||||||||
| Floating | 7,922 | 3,648 | 5,735 | 17,305 | |||||||||||||||||||||||||
| December 31 | 2025 | 2024 | $ Change | % Change | |||||||||||||||||||
| (dollars in millions) | |||||||||||||||||||||||
| Commercial real estate | $ | 45 | $ | 88 | $ | (43) | (48.9) | % | |||||||||||||||
| Commercial and industrial | 35 | 51 | (16) | (31.4) | |||||||||||||||||||
| Commercial leases | 3 | 3 | — | — | |||||||||||||||||||
| Other | 2 | 2 | — | — | |||||||||||||||||||
| Total commercial loans and leases | 85 | 144 | (59) | (41.0) | |||||||||||||||||||
| Direct installment | 4 | 2 | 2 | 100.0 | |||||||||||||||||||
| Residential mortgages | 12 | 7 | 5 | 71.4 | |||||||||||||||||||
| Indirect installment | 1 | 2 | (1) | (50.0) | |||||||||||||||||||
| Consumer lines of credit | 3 | 4 | (1) | (25.0) | |||||||||||||||||||
| Total consumer loans | 20 | 15 | 5 | 33.3 | |||||||||||||||||||
| Total non-performing loans and leases | 105 | 159 | (54) | (34.0) | |||||||||||||||||||
| Other real estate owned | 3 | 3 | — | — | |||||||||||||||||||
| Total non-performing assets | $ | 108 | $ | 162 | $ | (54) | (33.3) | % | |||||||||||||||
| Non-performing loans / total loans and leases | 0.30 | % | 0.47 | % | |||||||||||||||||||
| Non-performing loans plus OREO / total loans and leases plus OREO | 0.31 | 0.48 | |||||||||||||||||||||
| Non-performing assets / total assets | 0.22 | 0.33 | |||||||||||||||||||||
| December 31 | 2025 | 2024 | |||||||||
| (dollars in millions) | |||||||||||
| Total loans and leases 90 days or more past due | $ | 13 | $ | 14 | |||||||
| As a percentage of total loans and leases | 0.04 | % | 0.04 | % | |||||||
| December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (in millions) | |||||||||||||||||
| Gross interest income: | |||||||||||||||||
| Per contractual terms | $ | 20 | $ | 24 | $ | 14 | |||||||||||
| Recorded during the year | — | — | — | ||||||||||||||
| Net Loan Charge-Offs (Recoveries) | Net Loan Charge-Offs to Average Loans | ACL at | |||||||||||||||||||||||||||
| Year Ended December 31 | 2025 | 2024 | 2025 | 2024 | 2025 | ||||||||||||||||||||||||
| (dollars in millions) | |||||||||||||||||||||||||||||
| Commercial real estate | $ | 28.7 | $ | 36.1 | 0.08 | % | 0.11 | % | $ | 175.9 | |||||||||||||||||||
| Commercial and industrial | 29.8 | 11.6 | 0.09 | 0.04 | 98.9 | ||||||||||||||||||||||||
| Commercial leases | 0.2 | 0.2 | — | — | 26.2 | ||||||||||||||||||||||||
| Other commercial | 3.7 | 2.8 | 0.01 | 0.01 | 4.4 | ||||||||||||||||||||||||
| Direct installment | 0.2 | 0.7 | — | — | 25.7 | ||||||||||||||||||||||||
| Residential mortgages | 1.9 | 1.4 | — | — | 92.4 | ||||||||||||||||||||||||
| Indirect installment | 5.4 | 9.2 | 0.02 | 0.03 | 9.0 | ||||||||||||||||||||||||
| Consumer lines of credit | 0.6 | 0.7 | — | — | 7.0 | ||||||||||||||||||||||||
| Total net loan charge-offs on loans and leases; net loan charge-offs/average loans | $ | 70.5 | $ | 62.7 | 0.20 | % | 0.19 | % | $ | 439.5 | |||||||||||||||||||
| Allowance for credit losses/total loans and leases | 1.26 | % | 1.25 | % | |||||||||||||||||||||||||
| Allowance for credit losses/non-performing loans | 417.66 | % | 264.98 | % | |||||||||||||||||||||||||
| Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (in millions) | |||||||||||||||||
| Balance at beginning of period | $ | 21.4 | $ | 21.5 | $ | 21.4 | |||||||||||
| Provision for unfunded loan commitments and letters of credit: | |||||||||||||||||
| Commercial portfolio | (1.1) | 0.1 | 0.3 | ||||||||||||||
| Consumer portfolio | (0.2) | (0.2) | (0.2) | ||||||||||||||
| Balance at end of period | $ | 20.1 | $ | 21.4 | $ | 21.5 | |||||||||||
| December 31 | 2025 | 2024 | |||||||||||||||||||||
| (dollars in millions) | Allowance | % of Loans | Allowance | % of Loans | |||||||||||||||||||
| Commercial real estate | $ | 176 | 35 | % | $ | 167 | 38 | % | |||||||||||||||
| Commercial and industrial | 99 | 22 | 86 | 22 | |||||||||||||||||||
| Commercial leases | 26 | 2 | 23 | 2 | |||||||||||||||||||
| Other | 4 | 1 | 4 | — | |||||||||||||||||||
| Commercial loans and leases | 305 | 60 | 280 | 62 | |||||||||||||||||||
| Direct installment | 26 | 8 | 29 | 8 | |||||||||||||||||||
| Residential mortgages | 92 | 26 | 96 | 24 | |||||||||||||||||||
| Indirect installment | 9 | 2 | 10 | 2 | |||||||||||||||||||
| Consumer lines of credit | 7 | 4 | 9 | 4 | |||||||||||||||||||
| Consumer loans | 134 | 40 | 143 | 38 | |||||||||||||||||||
| Total | $ | 440 | 100 | % | $ | 423 | 100 | % | |||||||||||||||
| (dollars in millions) | Amount | Weighted Average Yield | |||||||||
| Obligations of U.S. Treasury: | |||||||||||
| Maturing after one year but within five years | $ | — | 5.25 | % | |||||||
| Obligations of U.S. government agencies: | |||||||||||
| Maturing after five years but within ten years | — | 6.27 | |||||||||
| States of the U.S. and political subdivisions: | |||||||||||
| Maturing within one year | 4 | 3.01 | |||||||||
| Maturing after one year but within five years | 99 | 2.86 | |||||||||
| Maturing after five years but within ten years | 236 | 3.62 | |||||||||
| Maturing after ten years | 643 | 3.67 | |||||||||
| Other debt securities: | |||||||||||
| Maturing after one year but within five years | 1 | 8.53 | |||||||||
| Maturing after five years but within ten years | 23 | 5.70 | |||||||||
| Residential MBS: | |||||||||||
| Agency MBS | 784 | 2.15 | |||||||||
| Agency CMO | 612 | 1.86 | |||||||||
| Commercial MBS | 1,715 | 4.25 | |||||||||
| Total | $ | 4,117 | 3.34 | % | |||||||
| December 31 | 2025 | 2024 | $ Change | % Change | |||||||||||||||||||
| (dollars in millions) | |||||||||||||||||||||||
| Securities Available for Sale: | |||||||||||||||||||||||
| U.S. Treasury | $ | 354 | $ | 274 | $ | 80 | 29.2 | % | |||||||||||||||
| U.S. government agencies | 35 | 53 | (18) | (34.0) | |||||||||||||||||||
| U.S. GSE | 266 | 302 | (36) | (11.9) | |||||||||||||||||||
| Residential MBS: | |||||||||||||||||||||||
| Agency MBS | 801 | 714 | 87 | 12.2 | |||||||||||||||||||
| Agency CMO | 662 | 796 | (134) | (16.8) | |||||||||||||||||||
| Commercial MBS | 1,595 | 1,420 | 175 | 12.3 | |||||||||||||||||||
| States of the U.S. and political subdivisions | 20 | 24 | (4) | (16.7) | |||||||||||||||||||
| Other debt securities | 50 | 37 | 13 | 35.1 | |||||||||||||||||||
| Total debt securities available for sale | $ | 3,783 | $ | 3,620 | $ | 163 | 4.5 | % | |||||||||||||||
| Debt Securities Held to Maturity: | |||||||||||||||||||||||
| U.S. Treasury | $ | — | $ | 1 | $ | (1) | (100.0) | % | |||||||||||||||
| U.S. GSE | — | 29 | (29) | (100.0) | |||||||||||||||||||
| Residential MBS: | |||||||||||||||||||||||
| Agency MBS | 784 | 901 | (117) | (13.0) | |||||||||||||||||||
| Agency CMO | 612 | 714 | (102) | (14.3) | |||||||||||||||||||
| Commercial MBS | 1,715 | 1,326 | 389 | 29.3 | |||||||||||||||||||
| States of the U.S. and political subdivisions | 982 | 992 | (10) | (1.0) | |||||||||||||||||||
| Other debt securities | 24 | 16 | 8 | 50.0 | |||||||||||||||||||
| Total debt securities held to maturity | $ | 4,117 | $ | 3,979 | $ | 138 | 3.5 | % | |||||||||||||||
| n/m - not meaningful | |||||||||||||||||||||||
| December 31 | 2025 | 2024 | $ Change | % Change | |||||||||||||||||||
| (dollars in millions) | |||||||||||||||||||||||
| Non-interest-bearing demand | $ | 9,914 | $ | 9,761 | $ | 153 | 1.6 | % | |||||||||||||||
| Interest-bearing demand | 18,399 | 16,668 | 1,731 | 10.4 | |||||||||||||||||||
| Savings | 3,138 | 3,178 | (40) | (1.3) | |||||||||||||||||||
| Certificates and other time deposits | 7,308 | 7,500 | (192) | (2.6) | |||||||||||||||||||
| Total deposits | $ | 38,759 | $ | 37,107 | $ | 1,652 | 4.5 | % | |||||||||||||||
| (in millions) | Insured | Uninsured | Total | ||||||||||||||
| Three months or less | $ | 2,543 | $ | 512 | $ | 3,055 | |||||||||||
| Three to six months | 2,190 | 323 | 2,513 | ||||||||||||||
| Six to twelve months | 1,050 | 305 | 1,355 | ||||||||||||||
| Over twelve months | 315 | 70 | 385 | ||||||||||||||
| Total | $ | 6,098 | $ | 1,210 | $ | 7,308 | |||||||||||
| (in millions) | Total | ||||
| Deposits without a stated maturity | $ | 31,451 | |||
| Certificates and other time deposits | 7,308 | ||||
| Operating leases | 294 | ||||
| Long-term borrowings | 1,901 | ||||
| Total | $ | 40,954 | |||
| (in millions) | Total | ||||
| Commitments to extend credit | $ | 14,806 | |||
| Standby letters of credit | 263 | ||||
| Total | $ | 15,069 | |||
| December 31 | 2025 | 2024 | Internal Limit | ||||||||||||||
| Liquidity coverage ratio | 2.3 times | 1.5 times | > 1 time | ||||||||||||||
| Months of cash on hand | 14.0 months | 13.7 months | > 12 months | ||||||||||||||
| Parent company cash on hand (millions) | $ | 288.4 | $ | 803.4 | n/a | ||||||||||||
| December 31 | 2025 | 2024 | |||||||||
| (dollars in millions) | |||||||||||
| Unused wholesale credit availability | $ | 18,345 | $ | 16,056 | |||||||
| Unused wholesale credit availability as a % of FNBPA assets | 36.7 | % | 33.2 | % | |||||||
| Salable unpledged government and agency securities | $ | 1,183 | $ | 927 | |||||||
| Salable unpledged government and agency securities as a % of FNBPA assets | 2.4 | % | 1.9 | % | |||||||
| Cash and salable unpledged government and agency securities as a % of FNBPA assets | 6.5 | % | 6.0 | % | |||||||
| Uninsured Deposit Coverage Ratio | 139.1 | % | 124.1 | % | |||||||
| (dollars in millions) | Within 1 Month | 2-3 Months | 4-6 Months | 7-12 Months | Total 1 Year | ||||||||||||||||||||||||
| Assets | |||||||||||||||||||||||||||||
| Loans | $ | 1,165 | $ | 1,874 | $ | 1,952 | $ | 3,706 | $ | 8,697 | |||||||||||||||||||
| Investments | 2,202 | 222 | 299 | 629 | 3,352 | ||||||||||||||||||||||||
| 3,367 | 2,096 | 2,251 | 4,335 | 12,049 | |||||||||||||||||||||||||
| Liabilities | |||||||||||||||||||||||||||||
| Non-maturity deposits | 342 | 684 | 1,025 | 2,051 | 4,102 | ||||||||||||||||||||||||
| Time deposits | 963 | 2,093 | 2,515 | 1,359 | 6,930 | ||||||||||||||||||||||||
| Borrowings | 1,370 | 12 | 19 | 731 | 2,132 | ||||||||||||||||||||||||
| 2,675 | 2,789 | 3,559 | 4,141 | 13,164 | |||||||||||||||||||||||||
| Period Gap (Assets - Liabilities) | $ | 692 | $ | (693) | $ | (1,308) | $ | 194 | $ | (1,115) | |||||||||||||||||||
| Cumulative Gap | $ | 692 | $ | (1) | $ | (1,309) | $ | (1,115) | |||||||||||||||||||||
| Cumulative Gap to Total Assets | 1.4 | % | — | % | (2.6) | % | (2.2) | % | |||||||||||||||||||||
| (dollars in millions) | Within 1 Month | 2-3 Months | 4-6 Months | 7-12 Months | Total 1 Year | ||||||||||||||||||||||||
| Assets | |||||||||||||||||||||||||||||
| Loans | $ | 15,599 | $ | 1,404 | $ | 976 | $ | 1,797 | $ | 19,776 | |||||||||||||||||||
| Investments | 2,238 | 225 | 331 | 674 | 3,468 | ||||||||||||||||||||||||
| 17,837 | 1,629 | 1,307 | 2,471 | 23,244 | |||||||||||||||||||||||||
| Liabilities | |||||||||||||||||||||||||||||
| Non-maturity deposits | 11,233 | — | — | — | 11,233 | ||||||||||||||||||||||||
| Time deposits | 1,047 | 2,092 | 2,512 | 1,354 | 7,005 | ||||||||||||||||||||||||
| Borrowings | 1,450 | 427 | 11 | 416 | 2,304 | ||||||||||||||||||||||||
| 13,730 | 2,519 | 2,523 | 1,770 | 20,542 | |||||||||||||||||||||||||
| Off-balance sheet | (1,650) | — | 400 | — | (1,250) | ||||||||||||||||||||||||
| Period Gap (Assets - Liabilities + Off-balance sheet) | $ | 2,457 | $ | (890) | $ | (816) | $ | 701 | $ | 1,452 | |||||||||||||||||||
| Cumulative Gap | $ | 2,457 | $ | 1,567 | $ | 751 | $ | 1,452 | |||||||||||||||||||||
| Cumulative Gap to Earning Assets | 5.4 | % | 3.5 | % | 1.7 | % | 3.2 | % | |||||||||||||||||||||
| December 31, | 2025 | 2024 | ALCO Limits | ||||||||||||||
| Net interest income change over 12 months (Rate Ramps): | |||||||||||||||||
| + 200 basis points | 1.6 | % | 3.0 | % | (10.0) | % | |||||||||||
| + 100 basis points | 0.8 | 1.5 | (10.0) | ||||||||||||||
| – 100 basis points | (0.9) | (1.5) | (10.0) | ||||||||||||||
| – 200 basis points | (1.9) | (3.1) | (10.0) | ||||||||||||||
| Net interest income change over 12 months (Rate Shocks): | |||||||||||||||||
| + 200 basis points | 2.5 | 3.9 | (10.0) | ||||||||||||||
| + 100 basis points | 1.4 | 2.0 | (10.0) | ||||||||||||||
| - 100 basis points | (1.8) | (2.2) | (10.0) | ||||||||||||||
| - 200 basis points | (4.2) | (4.6) | (10.0) | ||||||||||||||
| Economic value of equity (Rate Shocks): | |||||||||||||||||
| + 300 basis points | 5.6 | 4.5 | (25.0) | ||||||||||||||
| + 200 basis points | 4.2 | 3.3 | (15.0) | ||||||||||||||
| + 100 basis points | 2.7 | 1.9 | (10.0) | ||||||||||||||
| – 100 basis points | (3.9) | (3.2) | (10.0) | ||||||||||||||
| – 200 basis points | (9.5) | (6.9) | (15.0) | ||||||||||||||
| Moody's | Standard & Poor's | Kroll | |||||||||||||||
| F.N.B. Corporation | |||||||||||||||||
| Issuer credit rating | Baa2 | BBB- | A- | ||||||||||||||
| Senior debt | Baa2 | BBB- | A- | ||||||||||||||
| Subordinated debt | Baa2 | n/a | BBB+ | ||||||||||||||
| First National Bank of Pennsylvania | |||||||||||||||||
| Baseline credit assessment | Baa1 | n/a | n/a | ||||||||||||||
| Issuer credit rating | Baa1 | BBB | A | ||||||||||||||
| Senior debt | n/a | n/a | A | ||||||||||||||
| Subordinated debt | n/a | n/a | A- | ||||||||||||||
| Bank deposits | A2/P-1 | n/a | A | ||||||||||||||
| Short-term borrowings | n/a | A-2 | K1 | ||||||||||||||
| Outlook for F.N.B. Corporation and First National Bank of Pennsylvania | Negative | * | Stable | Stable | |||||||||||||
| n/a - not applicable | |||||||||||||||||
| * Moody's affirmed its ratings and changed the outlook from negative to stable on February 12, 2026. | |||||||||||||||||
| Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (in thousands) | |||||||||||||||||
| Net income available to common shareholders | $ | 565,387 | $ | 459,327 | $ | 476,810 | |||||||||||
| Preferred dividend at redemption | — | 3,995 | — | ||||||||||||||
| FNB Foundation contribution | 20,000 | — | — | ||||||||||||||
| Tax benefit of FNB Foundation contribution | (4,200) | — | — | ||||||||||||||
| Merger-related expense | — | — | 2,215 | ||||||||||||||
| Tax benefit of merger-related expense | — | — | (465) | ||||||||||||||
| Branch consolidation costs | — | 1,194 | — | ||||||||||||||
| Tax benefit of branch consolidation costs | — | (251) | — | ||||||||||||||
| FDIC special assessment | (5,647) | 5,212 | 29,938 | ||||||||||||||
| Tax expense (benefit) of FDIC special assessment | 1,186 | (1,095) | (6,287) | ||||||||||||||
| Realized loss on investment securities restructuring | — | 33,980 | 67,354 | ||||||||||||||
| Tax benefit of realized loss on investment securities restructuring | — | (7,136) | (14,144) | ||||||||||||||
| Software impairment | — | 3,690 | — | ||||||||||||||
| Tax benefit of software impairment | — | (775) | — | ||||||||||||||
| Loss related to indirect auto loan sales | — | 8,969 | 16,687 | ||||||||||||||
| Tax benefit of loss related to indirect auto loan sales | — | (1,883) | (3,504) | ||||||||||||||
| Operating net income available to common shareholders (non-GAAP) | $ | 576,726 | $ | 505,227 | $ | 568,604 | |||||||||||
| Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| Earnings per diluted common share | $ | 1.56 | $ | 1.27 | $ | 1.31 | |||||||||||
| Preferred dividend at redemption | — | 0.01 | — | ||||||||||||||
| FNB Foundation contribution | 0.06 | — | — | ||||||||||||||
| Tax benefit of FNB Foundation contribution | (0.01) | — | — | ||||||||||||||
| Merger-related expense | — | — | 0.01 | ||||||||||||||
| Tax benefit of merger-related expense | — | — | — | ||||||||||||||
| Branch consolidation costs | — | — | — | ||||||||||||||
| Tax benefit of branch consolidation costs | — | — | — | ||||||||||||||
| FDIC special assessment | (0.02) | 0.01 | 0.08 | ||||||||||||||
| Tax expense (benefit) of FDIC special assessment | — | — | (0.02) | ||||||||||||||
| Realized loss on investment securities restructuring | — | 0.09 | 0.19 | ||||||||||||||
| Tax benefit of realized loss on investment securities restructuring | — | (0.02) | (0.04) | ||||||||||||||
| Software impairment | — | 0.01 | — | ||||||||||||||
| Tax benefit of software impairment | — | — | — | ||||||||||||||
| Loss related to indirect auto loan sales | — | 0.02 | 0.05 | ||||||||||||||
| Tax benefit of loss related to indirect auto loan sales | — | (0.01) | (0.01) | ||||||||||||||
| Operating earnings per diluted common share (non-GAAP) | $ | 1.59 | $ | 1.39 | $ | 1.57 | |||||||||||
| Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (dollars in thousands) | |||||||||||||||||
| Net income available to common shareholders | $ | 565,387 | $ | 459,327 | $ | 476,810 | |||||||||||
| Amortization of intangibles, net of tax | 12,514 | 13,821 | 15,892 | ||||||||||||||
| Tangible net income available to common shareholders (non-GAAP) | $ | 577,901 | $ | 473,148 | $ | 492,702 | |||||||||||
| Average total shareholders’ equity | $ | 6,531,165 | $ | 6,132,346 | $ | 5,851,082 | |||||||||||
| Less: Average preferred shareholders’ equity | — | (13,141) | (106,882) | ||||||||||||||
Less: Average intangible assets (1) | (2,523,191) | (2,537,778) | (2,556,119) | ||||||||||||||
| Average tangible common equity (non-GAAP) | $ | 4,007,974 | $ | 3,581,427 | $ | 3,188,081 | |||||||||||
| Return on average tangible common equity (non-GAAP) | 14.42 | % | 13.21 | % | 15.45 | % | |||||||||||
| Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (dollars in thousands) | |||||||||||||||||
| Net income | $ | 565,387 | $ | 465,332 | $ | 484,851 | |||||||||||
| Amortization of intangibles, net of tax | 12,514 | 13,821 | 15,892 | ||||||||||||||
| Tangible net income (non-GAAP) | $ | 577,901 | $ | 479,153 | $ | 500,743 | |||||||||||
| Average total assets | $ | 49,223,136 | $ | 46,812,567 | $ | 44,609,603 | |||||||||||
Less: Average intangible assets (1) | (2,523,191) | (2,537,778) | (2,556,119) | ||||||||||||||
| Average tangible assets (non-GAAP) | $ | 46,699,945 | $ | 44,274,789 | $ | 42,053,484 | |||||||||||
| Return on average tangible assets (non-GAAP) | 1.24 | % | 1.08 | % | 1.19 | % | |||||||||||
| December 31 | 2025 | 2024 | |||||||||
| (dollars in thousands, except per share data) | |||||||||||
| Total shareholders’ equity | $ | 6,758,572 | $ | 6,301,650 | |||||||
Less: Intangible assets (1) | (2,516,082) | (2,529,558) | |||||||||
| Tangible common equity (non-GAAP) | $ | 4,242,490 | $ | 3,772,092 | |||||||
| Ending common shares outstanding | 357,303,315 | 359,615,657 | |||||||||
| Tangible book value per common share (non-GAAP) | $ | 11.87 | $ | 10.49 | |||||||
| December 31 | 2025 | 2024 | |||||||||
| (dollars in thousands) | |||||||||||
| Total shareholders' equity | $ | 6,758,572 | $ | 6,301,650 | |||||||
Less: Intangible assets (1) | (2,516,082) | (2,529,558) | |||||||||
| Tangible common equity (non-GAAP) | $ | 4,242,490 | $ | 3,772,092 | |||||||
| Total assets | $ | 50,229,013 | $ | 48,624,985 | |||||||
Less: Intangible assets (1) | (2,516,082) | (2,529,558) | |||||||||
| Tangible assets (non-GAAP) | $ | 47,712,931 | $ | 46,095,427 | |||||||
| Tangible common equity to tangible assets (non-GAAP) | 8.89 | % | 8.18 | % | |||||||
| Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (in thousands) | |||||||||||||||||
| Non-interest income | $ | 369,292 | $ | 316,395 | $ | 254,332 | |||||||||||
| Realized loss on investment securities restructuring | — | 33,980 | 67,354 | ||||||||||||||
| Operating non-interest income (non-GAAP) | $ | 369,292 | $ | 350,375 | $ | 321,686 | |||||||||||
| Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (in thousands) | |||||||||||||||||
| Non-interest expense | $ | 1,009,740 | $ | 961,339 | $ | 915,436 | |||||||||||
| FNB Foundation contribution | (20,000) | — | — | ||||||||||||||
| Branch consolidation costs | — | (1,194) | — | ||||||||||||||
| Merger-related | — | — | (2,215) | ||||||||||||||
| FDIC special assessment | 5,647 | (5,212) | (29,938) | ||||||||||||||
| Software impairment | — | (3,690) | — | ||||||||||||||
| Loss related to indirect auto loan sales | — | (8,969) | (16,687) | ||||||||||||||
| Operating non-interest expense (non-GAAP) | $ | 995,387 | $ | 942,274 | $ | 866,596 | |||||||||||
| Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (dollars in thousands) | |||||||||||||||||
| Non-interest expense | $ | 1,009,740 | $ | 961,339 | $ | 915,436 | |||||||||||
| Less: Amortization of intangibles | (15,841) | (17,495) | (20,116) | ||||||||||||||
| Less: OREO expense | (1,334) | (996) | (1,515) | ||||||||||||||
| Less: FNB Foundation contribution | (20,000) | — | — | ||||||||||||||
| Less: Merger-related expense | — | — | (2,215) | ||||||||||||||
| Less: Branch consolidation costs | — | (1,194) | — | ||||||||||||||
| Add (Less): FDIC special assessment | 5,647 | (5,212) | (29,938) | ||||||||||||||
| Less: Software impairment | — | (3,690) | — | ||||||||||||||
| Less: Loss related to indirect auto loan sales | — | (8,969) | (16,687) | ||||||||||||||
| Less: Tax credit-related project impairment | (4,442) | (10,397) | — | ||||||||||||||
| Adjusted non-interest expense | $ | 973,770 | $ | 913,386 | $ | 844,965 | |||||||||||
| Net interest income | $ | 1,395,755 | $ | 1,280,443 | $ | 1,316,504 | |||||||||||
| Taxable equivalent adjustment | 12,307 | 11,686 | 12,341 | ||||||||||||||
| Non-interest income | 369,292 | 316,395 | 254,332 | ||||||||||||||
| Less: Net securities (gains) losses | (58) | 34,011 | 67,432 | ||||||||||||||
| Adjusted net interest income (FTE) + non-interest income | $ | 1,777,296 | $ | 1,642,535 | $ | 1,650,609 | |||||||||||
| Efficiency ratio (FTE) (non-GAAP) | 54.79 | % | 55.61 | % | 51.19 | % | |||||||||||
| /s/ Vincent J. Delie, Jr. | ||
| By: Vincent J. Delie, Jr. | ||
| Chairman, President and Chief Executive Officer | ||
| /s/ Vincent J. Calabrese, Jr. | ||
| By: Vincent J. Calabrese, Jr. | ||
| Chief Financial Officer | ||
| Allowance for Credit Losses (ACL) | ||||||||
| Description of the Matter | At December 31, 2025, the Company’s net loan and lease portfolio was $34.3 billion including an associated ACL of $439 million. As discussed in Note 1 to the consolidated financial statements, the ACL is based on management’s evaluation of the current estimate of lifetime credit losses at the balance sheet date. Management makes the estimate using relevant available information, from internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts under the Current Estimated Credit Losses (CECL) methodology. The ACL is composed of three components including quantitative reserves, including the impact of management’s reasonable and supportable forecast of economic conditions; asset specific reserves; and qualitative reserves. The qualitative reserves are intended to address the risks not captured in the quantitative reserves and include the following factors, among others: model imprecision and forecast uncertainty, concentration risk, the impact of changes in the regulatory, legal, competitive and technological environments, the effects of recent events such as natural disasters and the impact of internal processes used to underwrite, service and monitor borrowers. The qualitative reserves are necessary for management to capture risks not addressed by the quantitative models or reflected in the data used by the quantitative models. In many cases, qualitative factors are intended to capture the Company’s expert credit judgment and as such are especially challenging to audit. | |||||||
| How We Addressed the Matter in Our Audit | We evaluated the design and tested the operating effectiveness of the Company’s controls over the ACL process, which include, among others, management’s review and approval controls designed to assess the need for and level of qualitative reserves included in the estimate of the ACL. To test the qualitative reserves in the context of the overall allowance for credit losses, we evaluated the appropriateness of management’s methodology, we assessed the basis for the qualitative reserves and we determined whether the risks captured in the qualitative reserves were consistent with the requirements of the CECL model. With the help of our specialists, we evaluated the conceptual soundness of the models used to develop the allowance for credit losses, including the appropriateness of the framework used to develop the qualitative reserves. Regarding the measurement of the qualitative reserves, we evaluated the consistency of management’s application of their framework, considered the existence of new or contrary information and assessed the support for certain adjustments, considering the relevance and reliability of the internal and external data used to inform those adjustments. We evaluated the overall ACL, inclusive of the qualitative reserves, and whether the amount appropriately reflects a reasonable estimate of lifetime losses by comparing the overall ACL to historical losses, peer data and other relevant information. | |||||||
| December 31 | |||||||||||
| 2025 | 2024 | ||||||||||
| Assets | |||||||||||
| Cash and due from banks | $ | 387 | $ | 416 | |||||||
| Interest-bearing deposits with banks | 2,111 | 2,003 | |||||||||
| Cash and Cash Equivalents | 2,498 | 2,419 | |||||||||
Debt securities available for sale (amortized cost of $3,783 and $3,620; allowance for credit losses of $0 and $0) | 3,727 | 3,466 | |||||||||
Debt securities held to maturity (fair value of $3,941 and $3,644; allowance for credit losses of $0 and $0) | 4,117 | 3,979 | |||||||||
Loans held for sale (includes $514 and $214 measured at fair value (1)) | 515 | 218 | |||||||||
Loans and leases, net of unearned income of $87 and $106 (includes $85 and $53 measured at fair value (1)) | 34,777 | 33,939 | |||||||||
| Allowance for credit losses on loans and leases | (439) | (423) | |||||||||
| Net Loans and Leases | 34,338 | 33,516 | |||||||||
| Premises and equipment, net | 568 | 536 | |||||||||
| Goodwill | 2,480 | 2,478 | |||||||||
| Core deposit and other intangible assets, net | 36 | 51 | |||||||||
| Bank owned life insurance | 667 | 660 | |||||||||
| Other assets | 1,283 | 1,302 | |||||||||
| Total Assets | $ | 50,229 | $ | 48,625 | |||||||
| Liabilities | |||||||||||
| Deposits: | |||||||||||
| Non-interest-bearing demand | $ | 9,914 | $ | 9,761 | |||||||
| Interest-bearing demand | 18,399 | 16,668 | |||||||||
| Savings | 3,138 | 3,178 | |||||||||
| Certificates and other time deposits | 7,308 | 7,500 | |||||||||
| Total Deposits | 38,759 | 37,107 | |||||||||
| Short-term borrowings | 2,017 | 1,256 | |||||||||
| Long-term borrowings | 1,901 | 3,012 | |||||||||
| Other liabilities | 793 | 948 | |||||||||
| Total Liabilities | 43,470 | 42,323 | |||||||||
| Shareholders’ Equity | |||||||||||
Common stock - $0.01 par value | |||||||||||
Authorized – 500,000,000 shares | |||||||||||
Issued – 375,030,534 and 375,018,433 shares | 4 | 4 | |||||||||
| Additional paid-in capital | 4,695 | 4,695 | |||||||||
| Retained earnings | 2,343 | 1,952 | |||||||||
| Accumulated other comprehensive loss | (63) | (169) | |||||||||
Treasury stock – 17,727,219 and 15,402,776 shares at cost | (220) | (180) | |||||||||
| Total Shareholders’ Equity | 6,759 | 6,302 | |||||||||
| Total Liabilities and Shareholders’ Equity | $ | 50,229 | $ | 48,625 | |||||||
| Year Ended December 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Interest Income | |||||||||||||||||
| Loans and leases, including fees | $ | 1,996 | $ | 1,985 | $ | 1,754 | |||||||||||
| Investment Securities: | |||||||||||||||||
| Taxable | 232 | 196 | 150 | ||||||||||||||
| Tax-exempt | 28 | 28 | 28 | ||||||||||||||
| Other | 70 | 43 | 41 | ||||||||||||||
| Total Interest Income | 2,326 | 2,252 | 1,973 | ||||||||||||||
| Interest Expense | |||||||||||||||||
| Deposits | 737 | 754 | 495 | ||||||||||||||
| Short-term borrowings | 68 | 99 | 78 | ||||||||||||||
| Long-term borrowings | 125 | 119 | 83 | ||||||||||||||
| Total Interest Expense | 930 | 972 | 656 | ||||||||||||||
| Net Interest Income | 1,396 | 1,280 | 1,317 | ||||||||||||||
| Provision for credit losses | 86 | 80 | 72 | ||||||||||||||
| Net Interest Income After Provision for Credit Losses | 1,310 | 1,200 | 1,245 | ||||||||||||||
| Non-Interest Income | |||||||||||||||||
| Service charges | 92 | 91 | 82 | ||||||||||||||
| Interchange and card transaction fees | 52 | 52 | 52 | ||||||||||||||
| Trust services | 48 | 46 | 43 | ||||||||||||||
| Insurance commissions and fees | 20 | 22 | 23 | ||||||||||||||
| Securities commissions and fees | 36 | 31 | 28 | ||||||||||||||
| Capital markets income | 27 | 24 | 27 | ||||||||||||||
| Mortgage banking operations | 28 | 27 | 21 | ||||||||||||||
| Dividends on non-marketable equity securities | 24 | 25 | 21 | ||||||||||||||
| Bank owned life insurance | 18 | 17 | 12 | ||||||||||||||
| Net securities gains (losses) | — | (34) | (67) | ||||||||||||||
| Other | 24 | 15 | 12 | ||||||||||||||
| Total Non-Interest Income | 369 | 316 | 254 | ||||||||||||||
| Non-Interest Expense | |||||||||||||||||
| Salaries and employee benefits | 530 | 504 | 462 | ||||||||||||||
| Net occupancy | 78 | 79 | 70 | ||||||||||||||
| Equipment | 108 | 98 | 91 | ||||||||||||||
| Outside services | 108 | 96 | 84 | ||||||||||||||
| Marketing | 20 | 21 | 17 | ||||||||||||||
| FDIC insurance | 28 | 41 | 61 | ||||||||||||||
| Bank shares tax | 13 | 14 | 14 | ||||||||||||||
| Other | 125 | 108 | 116 | ||||||||||||||
| Total Non-Interest Expense | 1,010 | 961 | 915 | ||||||||||||||
| Income Before Income Taxes | 669 | 555 | 584 | ||||||||||||||
| Income taxes | 104 | 90 | 99 | ||||||||||||||
| Net Income | 565 | 465 | 485 | ||||||||||||||
| Preferred stock dividends | — | 6 | 8 | ||||||||||||||
| Net Income Available to Common Shareholders | $ | 565 | $ | 459 | $ | 477 | |||||||||||
| Earnings per Common Share | |||||||||||||||||
| Basic | $ | 1.57 | $ | 1.27 | $ | 1.32 | |||||||||||
| Diluted | $ | 1.56 | $ | 1.27 | $ | 1.31 | |||||||||||
| Year Ended December 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Net income | $ | 565 | $ | 465 | $ | 485 | |||||||||||
| Other comprehensive income (loss): | |||||||||||||||||
| Debt securities available for sale: | |||||||||||||||||
Unrealized gains (losses) arising during the period, net of tax expense (benefit) of $21, $4 and $16 | 76 | 14 | 57 | ||||||||||||||
Reclassification adjustment for (gains) losses included in net income, net of tax expense (benefit) of $0, $(7) and $(15) | — | 27 | 52 | ||||||||||||||
| Derivative instruments: | |||||||||||||||||
Unrealized gains (losses) arising during the period, net of tax expense (benefit) of $3, $(4) and $(2) | 10 | (14) | (8) | ||||||||||||||
Reclassification adjustment for gains (losses) included in net income, net of tax expense (benefit) of $4, $9 and $5 | 15 | 32 | 19 | ||||||||||||||
| Pension and postretirement benefit obligations: | |||||||||||||||||
Unrealized gains (losses) arising during the period, net of tax expense (benefit) of $(1), $(2) and $(1) | 5 | 7 | 2 | ||||||||||||||
| Other Comprehensive Income (Loss) | 106 | 66 | 122 | ||||||||||||||
| Comprehensive Income (Loss) | $ | 671 | $ | 531 | $ | 607 | |||||||||||
| Preferred Stock | Common Stock | Additional Paid-In Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Total | |||||||||||||||||||||||||||||||||||
| Balance at January 1, 2023 | $ | 107 | $ | 4 | $ | 4,696 | $ | 1,370 | $ | (357) | $ | (167) | $ | 5,653 | |||||||||||||||||||||||||||
| Comprehensive income (loss) | 485 | 122 | 607 | ||||||||||||||||||||||||||||||||||||||
| Dividends declared: | |||||||||||||||||||||||||||||||||||||||||
Preferred stock: $72.52/share | (8) | (8) | |||||||||||||||||||||||||||||||||||||||
Common stock: $0.48/share | (174) | (174) | |||||||||||||||||||||||||||||||||||||||
| Issuance of common stock | — | (22) | (4) | 16 | (10) | ||||||||||||||||||||||||||||||||||||
| Repurchase of common stock | (36) | (36) | |||||||||||||||||||||||||||||||||||||||
| Restricted stock compensation | 18 | 18 | |||||||||||||||||||||||||||||||||||||||
Balance at December 31, 2023 | 107 | 4 | 4,692 | 1,669 | (235) | (187) | 6,050 | ||||||||||||||||||||||||||||||||||
| Comprehensive income (loss) | 465 | 66 | 531 | ||||||||||||||||||||||||||||||||||||||
| Dividends declared: | |||||||||||||||||||||||||||||||||||||||||
Preferred stock: $18.13/share | (2) | (2) | |||||||||||||||||||||||||||||||||||||||
Common stock: $0.48/share | (175) | (175) | |||||||||||||||||||||||||||||||||||||||
| Redemption of preferred stock | (107) | (4) | (111) | ||||||||||||||||||||||||||||||||||||||
| Issuance of common stock | — | (14) | — | 10 | (4) | ||||||||||||||||||||||||||||||||||||
| Repurchase of common stock | (3) | (3) | |||||||||||||||||||||||||||||||||||||||
| Restricted stock compensation | 17 | 17 | |||||||||||||||||||||||||||||||||||||||
| (1) | (1) | ||||||||||||||||||||||||||||||||||||||||
Balance at December 31, 2024 | — | 4 | 4,695 | 1,952 | (169) | (180) | 6,302 | ||||||||||||||||||||||||||||||||||
| Comprehensive income (loss) | 565 | 106 | 671 | ||||||||||||||||||||||||||||||||||||||
Dividends declared on common stock - $0.48/share | (174) | (174) | |||||||||||||||||||||||||||||||||||||||
| Issuance of common stock | — | (17) | — | 10 | (7) | ||||||||||||||||||||||||||||||||||||
| Repurchase of common stock | (50) | (50) | |||||||||||||||||||||||||||||||||||||||
| Restricted stock compensation | 17 | 17 | |||||||||||||||||||||||||||||||||||||||
| Balance at December 31, 2025 | $ | — | $ | 4 | $ | 4,695 | $ | 2,343 | $ | (63) | $ | (220) | $ | 6,759 | |||||||||||||||||||||||||||
| Year Ended December 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Operating Activities | |||||||||||||||||
| Net income | $ | 565 | $ | 465 | $ | 485 | |||||||||||
| Adjustments to reconcile net income to net cash flows provided by (used in) operating activities: | |||||||||||||||||
| Depreciation, amortization and accretion | 77 | 67 | 78 | ||||||||||||||
| Provision for credit losses | 86 | 80 | 72 | ||||||||||||||
| Deferred tax expense (benefit) | 46 | 45 | (6) | ||||||||||||||
| Net securities (gains) losses | — | 34 | 67 | ||||||||||||||
| Loans originated for sale | (1,644) | (1,455) | (1,114) | ||||||||||||||
| Loans sold | 1,561 | 1,391 | 1,071 | ||||||||||||||
| Net (gains) losses on sale of loans | (18) | (18) | (5) | ||||||||||||||
| Net change in: | |||||||||||||||||
| Interest receivable | 1 | (4) | (34) | ||||||||||||||
| Interest payable | (14) | (5) | 38 | ||||||||||||||
| Bank owned life insurance, excluding purchases | (7) | — | (7) | ||||||||||||||
| Other, net | (171) | 42 | (222) | ||||||||||||||
| Net cash flows provided by (used in) operating activities | 482 | 642 | 423 | ||||||||||||||
| Investing Activities | |||||||||||||||||
| Net change in loans and leases, excluding sales and transfers | (1,104) | (2,113) | (2,442) | ||||||||||||||
| Debt securities available for sale: | |||||||||||||||||
| Purchases | (931) | (1,280) | (1,008) | ||||||||||||||
| Sales | — | 231 | 581 | ||||||||||||||
| Maturities/payments | 774 | 860 | 517 | ||||||||||||||
| Debt securities held to maturity: | |||||||||||||||||
| Purchases | (541) | (419) | (190) | ||||||||||||||
| Maturities/payments | 413 | 358 | 369 | ||||||||||||||
| Increase in premises and equipment | (106) | (139) | (88) | ||||||||||||||
| Net proceeds from sales of portfolio loans | 10 | 799 | — | ||||||||||||||
| Other | (2) | — | — | ||||||||||||||
| Net cash flows provided by (used in) investing activities | (1,487) | (1,703) | (2,261) | ||||||||||||||
| Financing Activities | |||||||||||||||||
| Net change in: | |||||||||||||||||
| Demand (non-interest-bearing and interest-bearing) and savings accounts | 1,844 | 1,112 | (2,662) | ||||||||||||||
| Time deposits | (194) | 1,282 | 2,600 | ||||||||||||||
| Short-term borrowings | 761 | (1,249) | 1,134 | ||||||||||||||
| Proceeds from issuance of long-term borrowings | 638 | 1,379 | 1,230 | ||||||||||||||
| Repayment of long-term borrowings | (1,751) | (341) | (352) | ||||||||||||||
| Redemption of preferred stock | — | (111) | — | ||||||||||||||
| Repurchases of common stock | (50) | (3) | (36) | ||||||||||||||
| Cash dividends paid: | |||||||||||||||||
| Preferred stock | — | (2) | (8) | ||||||||||||||
| Common stock | (174) | (175) | (174) | ||||||||||||||
| Other, net | 10 | 12 | 8 | ||||||||||||||
| Net cash flows provided by (used in) financing activities | 1,084 | 1,904 | 1,740 | ||||||||||||||
| Net Increase (Decrease) in Cash and Cash Equivalents | 79 | 843 | (98) | ||||||||||||||
| Cash and cash equivalents at beginning of year | 2,419 | 1,576 | 1,674 | ||||||||||||||
| Cash and Cash Equivalents at End of Year | $ | 2,498 | $ | 2,419 | $ | 1,576 | |||||||||||
| Standard | Description | Financial Statements Impact | ||||||||||||
| Income Statement | ||||||||||||||
ASU 2025-01, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures: Clarifying the Effective Date ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures: Disaggregation of Income Statement Expenses | This Update requires public business entities to disclose, on an annual and interim basis, disaggregated information about certain income statement line items in a tabular format in the notes to the financial statements. Specifically, entities must disaggregate any relevant expense caption that includes one or more of the following natural expense categories: (1) purchases of inventory, (2) employee compensation, (3) depreciation, (4) intangible asset amortization, (5) depreciation, depletion, and amortization recognized as part of oil- and gas-producing activities (DD&A). Additionally, this Update also requires entities to disclose selling expense on both an annual and interim basis. This Update does not change the requirements for the presentation of expenses on the face of the income statement. | This Update is to be applied prospectively for annual periods beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. Early adoption and retrospective application are permitted. We are currently evaluating the effect this Update will have on related disclosures and our processes, systems, and controls related to the disclosures. | ||||||||||||
| Software | ||||||||||||||
| ASU 2025-06, Intangibles—Goodwill and Other—Internal-Use Software: Targeted Improvements to the Accounting for Internal-Use Software | This Update removes the prescriptive stage-based model previously used for capitalization. Capitalization is instead required to begin when management authorizes funding, and the project is likely to be completed and used as intended using the probable-to-complete threshold. Additionally, this Update consolidates guidance applying the new software development principles to website development. | This Update is to be applied using either a prospective, modified transition, or retrospective approach and will be effective as of January 1, 2028. Early adoption of this Update is permitted. The adoption of this Update is not expected to have a material impact on our Consolidated Financial Statements. | ||||||||||||
| Standard | Description | Financial Statements Impact | ||||||||||||
| Credit Losses | ||||||||||||||
| ASU 2025-08, Financial Instruments—Credit Losses: Purchased Loans | This Update introduces Purchased Seasoned Loans, extending the gross-up approach previously limited to purchased credit-deteriorated assets. An entity applying this approach would add the allowance for credit losses at the date of acquisition to the purchase price to determine the initial amortized cost basis. | This Update is to be applied prospectively for annual periods beginning January 1, 2027. Early adoption of this Update is permitted. The adoption of this Update is not expected to have a material impact on our Consolidated Financial Statements. | ||||||||||||
| Hedging | ||||||||||||||
| ASU 2025-09, Derivatives and Hedging: Hedge Accounting Improvements | This Update expands the hedged risks able to be aggregated in a cash flow hedge based on similar risk exposure, rather than shared risk exposure. Additionally, this Update allows an entity to select an alternative interest rate index or tenor without automatically dedesignating the hedge on forecasted interest payments of choose-your-rate debt instruments. This Update also expands the types of variable price components that can be designated as the hedged risk in a cash flow hedge of a forecasted purchase or sale of a nonfinancial asset. | This Update is to be applied prospectively for annual periods beginning January 1, 2027. Early adoption of this Update is permitted. The adoption of this Update is not expected to have a material impact on our Consolidated Financial Statements. | ||||||||||||
| (in millions) | Amortized Cost | Gross Unrealized Gains | Gross Unrealized Losses | Fair Value | |||||||||||||||||||
| Debt Securities AFS: | |||||||||||||||||||||||
| December 31, 2025 | |||||||||||||||||||||||
| U.S. Treasury | $ | 354 | $ | 2 | $ | — | $ | 356 | |||||||||||||||
| U.S. government agencies | 35 | — | — | 35 | |||||||||||||||||||
| U.S. GSE | 266 | — | — | 266 | |||||||||||||||||||
| Residential MBS: | |||||||||||||||||||||||
| Agency MBS | 801 | 7 | (8) | 800 | |||||||||||||||||||
| Agency CMO | 662 | — | (61) | 601 | |||||||||||||||||||
| Agency commercial MBS | 1,595 | 19 | (15) | 1,599 | |||||||||||||||||||
| States of the U.S. and political subdivisions (municipals) | 20 | — | (1) | 19 | |||||||||||||||||||
| Other debt securities | 50 | 1 | — | 51 | |||||||||||||||||||
| Total debt securities AFS | $ | 3,783 | $ | 29 | $ | (85) | $ | 3,727 | |||||||||||||||
| (in millions) | Amortized Cost | Gross Unrealized Gains | Gross Unrealized Losses | Fair Value | |||||||||||||||||||
| Debt Securities AFS: | |||||||||||||||||||||||
| December 31, 2024 | |||||||||||||||||||||||
| U.S. Treasury | $ | 274 | $ | 1 | $ | (1) | $ | 274 | |||||||||||||||
| U.S. government agencies | 53 | — | — | 53 | |||||||||||||||||||
| U.S. GSE | 302 | — | (2) | 300 | |||||||||||||||||||
| Residential MBS: | |||||||||||||||||||||||
| Agency MBS | 714 | — | (20) | 694 | |||||||||||||||||||
| Agency CMO | 796 | — | (98) | 698 | |||||||||||||||||||
| Agency commercial MBS | 1,420 | 3 | (35) | 1,388 | |||||||||||||||||||
| States of the U.S. and political subdivisions (municipals) | 24 | — | (2) | 22 | |||||||||||||||||||
| Other debt securities | 37 | — | — | 37 | |||||||||||||||||||
| Total debt securities AFS | $ | 3,620 | $ | 4 | $ | (158) | $ | 3,466 | |||||||||||||||
| (in millions) | Amortized Cost | Gross Unrealized Gains | Gross Unrealized Losses | Fair Value | |||||||||||||||||||
| Debt Securities HTM: | |||||||||||||||||||||||
| December 31, 2025 | |||||||||||||||||||||||
| Residential MBS: | |||||||||||||||||||||||
| Agency MBS | $ | 784 | $ | 2 | $ | (55) | $ | 731 | |||||||||||||||
| Agency CMO | 612 | — | (62) | 550 | |||||||||||||||||||
| Agency commercial MBS | 1,715 | 18 | (19) | 1,714 | |||||||||||||||||||
| States of the U.S. and political subdivisions (municipals) | 982 | 1 | (60) | 923 | |||||||||||||||||||
| Other debt securities | 24 | — | (1) | 23 | |||||||||||||||||||
| Total debt securities HTM | $ | 4,117 | $ | 21 | $ | (197) | $ | 3,941 | |||||||||||||||
| (in millions) | Amortized Cost | Gross Unrealized Gains | Gross Unrealized Losses | Fair Value | |||||||||||||||||||
| Debt Securities HTM: | |||||||||||||||||||||||
| December 31, 2024 | |||||||||||||||||||||||
| U.S. Treasury | $ | 1 | $ | — | $ | — | $ | 1 | |||||||||||||||
| U.S. GSE | 29 | — | — | 29 | |||||||||||||||||||
| Residential MBS: | |||||||||||||||||||||||
| Agency MBS | 901 | 1 | (96) | 806 | |||||||||||||||||||
| Agency CMO | 714 | — | (95) | 619 | |||||||||||||||||||
| Agency commercial MBS | 1,326 | 2 | (44) | 1,284 | |||||||||||||||||||
| States of the U.S. and political subdivisions (municipals) | 992 | — | (103) | 889 | |||||||||||||||||||
| Other debt securities | 16 | — | — | 16 | |||||||||||||||||||
| Total debt securities HTM | $ | 3,979 | $ | 3 | $ | (338) | $ | 3,644 | |||||||||||||||
| Available for Sale | Held to Maturity | ||||||||||||||||||||||
| (in millions) | Amortized Cost | Fair Value | Amortized Cost | Fair Value | |||||||||||||||||||
| Due in one year or less | $ | 180 | $ | 181 | $ | 4 | $ | 4 | |||||||||||||||
| Due after one year but within five years | 432 | 433 | 100 | 97 | |||||||||||||||||||
| Due after five years but within ten years | 95 | 96 | 259 | 249 | |||||||||||||||||||
| Due after ten years | 18 | 17 | 643 | 596 | |||||||||||||||||||
| 725 | 727 | 1,006 | 946 | ||||||||||||||||||||
| Residential MBS: | |||||||||||||||||||||||
| Agency MBS | 801 | 800 | 784 | 731 | |||||||||||||||||||
| Agency CMO | 662 | 601 | 612 | 550 | |||||||||||||||||||
| Agency commercial MBS | 1,595 | 1,599 | 1,715 | 1,714 | |||||||||||||||||||
| Total debt securities | $ | 3,783 | $ | 3,727 | $ | 4,117 | $ | 3,941 | |||||||||||||||
| December 31 | 2025 | 2024 | |||||||||
| (dollars in millions) | |||||||||||
| Securities pledged (carrying value): | |||||||||||
| To secure public deposits, trust deposits and for other purposes as required by law | $ | 6,445 | $ | 6,271 | |||||||
| As collateral for short-term borrowings | 140 | 182 | |||||||||
| Securities pledged as a percent of total securities | 84.0 | % | 86.7 | % | |||||||
| Less than 12 Months | 12 Months or More | Total | |||||||||||||||||||||||||||||||||||||||||||||||||||
| (dollars in millions) | # | Fair Value | Unrealized Losses | # | Fair Value | Unrealized Losses | # | Fair Value | Unrealized Losses | ||||||||||||||||||||||||||||||||||||||||||||
| Debt Securities AFS | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| December 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| U.S. government agencies | 5 | $ | 8 | $ | — | 12 | $ | 20 | $ | — | 17 | $ | 28 | $ | — | ||||||||||||||||||||||||||||||||||||||
| U.S. GSE | 2 | 65 | — | 3 | 51 | — | 5 | 116 | — | ||||||||||||||||||||||||||||||||||||||||||||
| Residential MBS: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Agency MBS | 1 | 46 | — | 90 | 251 | (8) | 91 | 297 | (8) | ||||||||||||||||||||||||||||||||||||||||||||
| Agency CMO | — | — | — | 64 | 601 | (61) | 64 | 601 | (61) | ||||||||||||||||||||||||||||||||||||||||||||
| Agency commercial MBS | 4 | 132 | (1) | 22 | 371 | (14) | 26 | 503 | (15) | ||||||||||||||||||||||||||||||||||||||||||||
| States of the U.S. and political subdivisions (municipals) | — | — | — | 9 | 19 | (1) | 9 | 19 | (1) | ||||||||||||||||||||||||||||||||||||||||||||
| Other debt securities | — | — | — | 3 | 9 | — | 3 | 9 | — | ||||||||||||||||||||||||||||||||||||||||||||
| Total | 12 | $ | 251 | $ | (1) | 203 | $ | 1,322 | $ | (84) | 215 | $ | 1,573 | $ | (85) | ||||||||||||||||||||||||||||||||||||||
| Less than 12 Months | 12 Months or More | Total | |||||||||||||||||||||||||||||||||||||||||||||||||||
| (dollars in millions) | # | Fair Value | Unrealized Losses | # | Fair Value | Unrealized Losses | # | Fair Value | Unrealized Losses | ||||||||||||||||||||||||||||||||||||||||||||
| Debt Securities AFS | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| December 31, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| U.S. Treasury | 3 | $ | 74 | $ | (1) | 2 | $ | 75 | $ | — | 5 | $ | 149 | $ | (1) | ||||||||||||||||||||||||||||||||||||||
| U.S. government agencies | 6 | 11 | — | 12 | 25 | — | 18 | 36 | — | ||||||||||||||||||||||||||||||||||||||||||||
| U.S. GSE | 2 | 75 | — | 7 | 126 | (2) | 9 | 201 | (2) | ||||||||||||||||||||||||||||||||||||||||||||
| Residential MBS: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Agency MBS | 9 | 235 | (1) | 92 | 355 | (19) | 101 | 590 | (20) | ||||||||||||||||||||||||||||||||||||||||||||
| Agency CMO | — | — | — | 66 | 698 | (98) | 66 | 698 | (98) | ||||||||||||||||||||||||||||||||||||||||||||
| Agency commercial MBS | 23 | 709 | (8) | 20 | 359 | (27) | 43 | 1,068 | (35) | ||||||||||||||||||||||||||||||||||||||||||||
| States of the U.S. and political subdivisions (municipals) | — | — | — | 10 | 22 | (2) | 10 | 22 | (2) | ||||||||||||||||||||||||||||||||||||||||||||
| Other debt securities | — | — | — | 4 | 10 | — | 4 | 10 | — | ||||||||||||||||||||||||||||||||||||||||||||
| Total | 43 | $ | 1,104 | $ | (10) | 213 | $ | 1,670 | $ | (148) | 256 | $ | 2,774 | $ | (158) | ||||||||||||||||||||||||||||||||||||||
| December 31 | 2025 | 2024 | |||||||||
| (in millions) | |||||||||||
| Federal Home Loan Bank stock | $ | 190 | $ | 187 | |||||||
| Federal Reserve Bank stock | 142 | 142 | |||||||||
| Other non-marketable equity securities | 1 | 1 | |||||||||
| Total non-marketable equity securities | $ | 333 | $ | 330 | |||||||
| December 31 | 2025 | 2024 | |||||||||
| (in millions) | |||||||||||
| Commercial real estate | $ | 12,274 | $ | 12,705 | |||||||
| Commercial and industrial | 7,718 | 7,550 | |||||||||
| Commercial leases | 791 | 765 | |||||||||
| Other | 141 | 144 | |||||||||
| Total commercial loans and leases | 20,924 | 21,164 | |||||||||
| Direct installment | 2,678 | 2,676 | |||||||||
| Residential mortgages | 8,882 | 7,986 | |||||||||
| Indirect installment | 767 | 739 | |||||||||
| Consumer lines of credit | 1,526 | 1,374 | |||||||||
| Total consumer loans | 13,853 | 12,775 | |||||||||
| Total loans and leases, net of unearned income | $ | 34,777 | $ | 33,939 | |||||||
| December 31 | 2025 | 2024 | |||||||||
| Commercial real estate: | |||||||||||
| Percent owner-occupied | 30.9 | % | 29.0 | % | |||||||
| Percent non-owner-occupied | 69.1 | 71.0 | |||||||||
| (in millions) | |||||
| Balance at beginning of period | $ | 6 | |||
| New loans | 4 | ||||
| Repayments | (2) | ||||
| Other | (1) | ||||
| Balance at end of period | $ | 7 | |||
| Rating Category | Definition | |||||||
| Pass | in general, the condition of the borrower and the performance of the loan is satisfactory or better | |||||||
| Special Mention | in general, the condition of the borrower has deteriorated, requiring an increased level of monitoring | |||||||
| Substandard | in general, the condition of the borrower has significantly deteriorated and the performance of the loan could further deteriorate if deficiencies are not corrected | |||||||
| Doubtful | in general, the condition of the borrower has significantly deteriorated and the collection in full of both principal and interest is highly questionable or improbable | |||||||
| (in millions) | 2025 | 2024 | 2023 | 2022 | 2021 | Prior | Revolving Loans Amortized Cost Basis | Total | |||||||||||||||||||||||||||||||||||||||
| December 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||
| COMMERCIAL | |||||||||||||||||||||||||||||||||||||||||||||||
| Commercial Real Estate: | |||||||||||||||||||||||||||||||||||||||||||||||
| Risk Rating: | |||||||||||||||||||||||||||||||||||||||||||||||
| Pass | $ | 1,438 | $ | 1,336 | $ | 1,654 | $ | 1,587 | $ | 1,686 | $ | 3,637 | $ | 195 | $ | 11,533 | |||||||||||||||||||||||||||||||
| Special Mention | 5 | 17 | 18 | 135 | 94 | 147 | 6 | 422 | |||||||||||||||||||||||||||||||||||||||
| Substandard | 1 | 11 | 10 | 59 | 37 | 195 | 6 | 319 | |||||||||||||||||||||||||||||||||||||||
| Total commercial real estate | 1,444 | 1,364 | 1,682 | 1,781 | 1,817 | 3,979 | 207 | 12,274 | |||||||||||||||||||||||||||||||||||||||
| Commercial real estate gross charge-offs | — | — | 0.4 | 5.4 | 3.9 | 20.3 | — | 30.0 | |||||||||||||||||||||||||||||||||||||||
| Commercial and Industrial: | |||||||||||||||||||||||||||||||||||||||||||||||
| Risk Rating: | |||||||||||||||||||||||||||||||||||||||||||||||
| Pass | 1,799 | 1,011 | 787 | 616 | 360 | 835 | 1,835 | 7,243 | |||||||||||||||||||||||||||||||||||||||
| Special Mention | 35 | 11 | 12 | 5 | 3 | 72 | 148 | 286 | |||||||||||||||||||||||||||||||||||||||
| Substandard | 2 | 14 | 45 | 11 | 7 | 22 | 88 | 189 | |||||||||||||||||||||||||||||||||||||||
| Total commercial and industrial | 1,836 | 1,036 | 844 | 632 | 370 | 929 | 2,071 | 7,718 | |||||||||||||||||||||||||||||||||||||||
| Commercial and industrial gross charge-offs | 0.1 | 1.5 | 1.0 | 3.5 | 7.0 | 24.8 | — | 37.9 | |||||||||||||||||||||||||||||||||||||||
| Commercial Leases: | |||||||||||||||||||||||||||||||||||||||||||||||
| Risk Rating: | |||||||||||||||||||||||||||||||||||||||||||||||
| Pass | 262 | 222 | 140 | 73 | 41 | 37 | — | 775 | |||||||||||||||||||||||||||||||||||||||
| Special Mention | 1 | 3 | 1 | — | 1 | 3 | — | 9 | |||||||||||||||||||||||||||||||||||||||
| Substandard | — | — | 4 | 1 | 2 | — | — | 7 | |||||||||||||||||||||||||||||||||||||||
| Total commercial leases | 263 | 225 | 145 | 74 | 44 | 40 | — | 791 | |||||||||||||||||||||||||||||||||||||||
| Commercial leases gross charge-offs | — | — | — | — | — | 0.2 | — | 0.2 | |||||||||||||||||||||||||||||||||||||||
| Other Commercial: | |||||||||||||||||||||||||||||||||||||||||||||||
| Risk Rating: | |||||||||||||||||||||||||||||||||||||||||||||||
| Pass | 9 | — | 58 | — | — | 4 | 70 | 141 | |||||||||||||||||||||||||||||||||||||||
| Total other commercial | 9 | — | 58 | — | — | 4 | 70 | 141 | |||||||||||||||||||||||||||||||||||||||
| Other commercial gross charge-offs | — | — | — | — | — | 4.7 | — | 4.7 | |||||||||||||||||||||||||||||||||||||||
| Total commercial loans and leases | 3,552 | 2,625 | 2,729 | 2,487 | 2,231 | 4,952 | 2,348 | 20,924 | |||||||||||||||||||||||||||||||||||||||
| (in millions) | 2025 | 2024 | 2023 | 2022 | 2021 | Prior | Revolving Loans Amortized Cost Basis | Total | |||||||||||||||||||||||||||||||||||||||
| December 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||
| CONSUMER | |||||||||||||||||||||||||||||||||||||||||||||||
| Direct Installment: | |||||||||||||||||||||||||||||||||||||||||||||||
| Current | 446 | 273 | 218 | 535 | 592 | 601 | — | 2,665 | |||||||||||||||||||||||||||||||||||||||
| Past due | — | 1 | 1 | 3 | 2 | 6 | — | 13 | |||||||||||||||||||||||||||||||||||||||
| Total direct installment | 446 | 274 | 219 | 538 | 594 | 607 | — | 2,678 | |||||||||||||||||||||||||||||||||||||||
| Direct installment gross charge-offs | 0.1 | 0.2 | 0.2 | 0.2 | — | 0.2 | — | 0.9 | |||||||||||||||||||||||||||||||||||||||
| Residential Mortgages: | |||||||||||||||||||||||||||||||||||||||||||||||
| Current | 1,741 | 1,464 | 1,245 | 1,468 | 1,317 | 1,579 | — | 8,814 | |||||||||||||||||||||||||||||||||||||||
| Past due | 6 | 11 | 11 | 7 | 5 | 28 | — | 68 | |||||||||||||||||||||||||||||||||||||||
| Total residential mortgages | 1,747 | 1,475 | 1,256 | 1,475 | 1,322 | 1,607 | — | 8,882 | |||||||||||||||||||||||||||||||||||||||
| Residential mortgages gross charge-offs | 0.1 | 0.3 | 0.5 | 0.1 | 0.1 | 1.3 | — | 2.4 | |||||||||||||||||||||||||||||||||||||||
| Indirect Installment: | |||||||||||||||||||||||||||||||||||||||||||||||
| Current | 311 | 272 | 16 | 41 | 69 | 43 | — | 752 | |||||||||||||||||||||||||||||||||||||||
| Past due | 1 | 3 | 2 | 4 | 4 | 1 | — | 15 | |||||||||||||||||||||||||||||||||||||||
| Total indirect installment | 312 | 275 | 18 | 45 | 73 | 44 | — | 767 | |||||||||||||||||||||||||||||||||||||||
| Indirect installment gross charge-offs | 0.4 | 1.0 | 0.9 | 2.5 | 2.0 | 0.8 | — | 7.6 | |||||||||||||||||||||||||||||||||||||||
| Consumer Lines of Credit: | |||||||||||||||||||||||||||||||||||||||||||||||
| Current | 4 | 6 | 19 | 39 | 12 | 139 | 1,295 | 1,514 | |||||||||||||||||||||||||||||||||||||||
| Past due | — | — | 1 | 1 | — | 8 | 2 | 12 | |||||||||||||||||||||||||||||||||||||||
| Total consumer lines of credit | 4 | 6 | 20 | 40 | 12 | 147 | 1,297 | 1,526 | |||||||||||||||||||||||||||||||||||||||
| Consumer lines of credit gross charge-offs | — | — | 0.1 | 0.1 | — | 0.8 | — | 1.0 | |||||||||||||||||||||||||||||||||||||||
| Total consumer loans | 2,509 | 2,030 | 1,513 | 2,098 | 2,001 | 2,405 | 1,297 | 13,853 | |||||||||||||||||||||||||||||||||||||||
| Total loans and leases | $ | 6,061 | $ | 4,655 | $ | 4,242 | $ | 4,585 | $ | 4,232 | $ | 7,357 | $ | 3,645 | $ | 34,777 | |||||||||||||||||||||||||||||||
| Total charge-offs | $ | 0.7 | $ | 3.0 | $ | 3.1 | $ | 11.8 | $ | 13.0 | $ | 53.1 | $ | — | $ | 84.7 | |||||||||||||||||||||||||||||||
| (in millions) | 2024 | 2023 | 2022 | 2021 | 2020 | Prior | Revolving Loans Amortized Cost Basis | Total | |||||||||||||||||||||||||||||||||||||||
| December 31, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||
| COMMERCIAL | |||||||||||||||||||||||||||||||||||||||||||||||
| Commercial Real Estate: | |||||||||||||||||||||||||||||||||||||||||||||||
| Risk Rating: | |||||||||||||||||||||||||||||||||||||||||||||||
| Pass | $ | 1,405 | $ | 1,661 | $ | 2,025 | $ | 1,984 | $ | 1,200 | $ | 3,235 | $ | 197 | $ | 11,707 | |||||||||||||||||||||||||||||||
| Special Mention | 1 | 10 | 177 | 52 | 107 | 181 | 37 | 565 | |||||||||||||||||||||||||||||||||||||||
| Substandard | 2 | 16 | 119 | 43 | 55 | 195 | 3 | 433 | |||||||||||||||||||||||||||||||||||||||
| Total commercial real estate | 1,408 | 1,687 | 2,321 | 2,079 | 1,362 | 3,611 | 237 | 12,705 | |||||||||||||||||||||||||||||||||||||||
| Commercial real estate gross charge-offs | — | 0.8 | 1.0 | 15.0 | 10.5 | 11.3 | — | 38.6 | |||||||||||||||||||||||||||||||||||||||
| Commercial and Industrial: | |||||||||||||||||||||||||||||||||||||||||||||||
| Risk Rating: | |||||||||||||||||||||||||||||||||||||||||||||||
| Pass | 1,241 | 1,079 | 1,074 | 647 | 461 | 669 | 1,861 | 7,032 | |||||||||||||||||||||||||||||||||||||||
| Special Mention | 6 | 20 | 57 | 74 | 12 | 63 | 41 | 273 | |||||||||||||||||||||||||||||||||||||||
| Substandard | 4 | 50 | 11 | 33 | 8 | 59 | 80 | 245 | |||||||||||||||||||||||||||||||||||||||
| Total commercial and industrial | 1,251 | 1,149 | 1,142 | 754 | 481 | 791 | 1,982 | 7,550 | |||||||||||||||||||||||||||||||||||||||
| Commercial and industrial gross charge-offs | 0.1 | 3.9 | 1.5 | 1.8 | 6.0 | 7.6 | — | 20.9 | |||||||||||||||||||||||||||||||||||||||
| Commercial Leases: | |||||||||||||||||||||||||||||||||||||||||||||||
| Risk Rating: | |||||||||||||||||||||||||||||||||||||||||||||||
| Pass | 331 | 184 | 106 | 60 | 26 | 39 | — | 746 | |||||||||||||||||||||||||||||||||||||||
| Special Mention | — | 1 | — | — | — | 1 | — | 2 | |||||||||||||||||||||||||||||||||||||||
| Substandard | — | 6 | 2 | 4 | 5 | — | — | 17 | |||||||||||||||||||||||||||||||||||||||
| Total commercial leases | 331 | 191 | 108 | 64 | 31 | 40 | — | 765 | |||||||||||||||||||||||||||||||||||||||
| Commercial leases gross charge-offs | — | — | — | — | — | 0.3 | — | 0.3 | |||||||||||||||||||||||||||||||||||||||
| Other Commercial: | |||||||||||||||||||||||||||||||||||||||||||||||
| Risk Rating: | |||||||||||||||||||||||||||||||||||||||||||||||
| Pass | 12 | 62 | — | — | — | 5 | 65 | 144 | |||||||||||||||||||||||||||||||||||||||
| Total other commercial | 12 | 62 | — | — | — | 5 | 65 | 144 | |||||||||||||||||||||||||||||||||||||||
| Other commercial gross charge-offs | — | — | — | — | — | 4.2 | — | 4.2 | |||||||||||||||||||||||||||||||||||||||
| Total commercial loans and leases | 3,002 | 3,089 | 3,571 | 2,897 | 1,874 | 4,447 | 2,284 | 21,164 | |||||||||||||||||||||||||||||||||||||||
| (in millions) | 2024 | 2023 | 2022 | 2021 | 2020 | Prior | Revolving Loans Amortized Cost Basis | Total | |||||||||||||||||||||||||||||||||||||||
| December 31, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||
| CONSUMER | |||||||||||||||||||||||||||||||||||||||||||||||
| Direct Installment: | |||||||||||||||||||||||||||||||||||||||||||||||
| Current | 346 | 277 | 621 | 683 | 341 | 396 | — | 2,664 | |||||||||||||||||||||||||||||||||||||||
| Past due | — | 1 | 3 | 1 | 1 | 6 | — | 12 | |||||||||||||||||||||||||||||||||||||||
| Total direct installment | 346 | 278 | 624 | 684 | 342 | 402 | — | 2,676 | |||||||||||||||||||||||||||||||||||||||
| Direct installment gross charge-offs | — | 0.2 | 0.3 | 0.2 | — | 1.1 | — | 1.8 | |||||||||||||||||||||||||||||||||||||||
| Residential Mortgages: | |||||||||||||||||||||||||||||||||||||||||||||||
| Current | 1,663 | 1,478 | 1,598 | 1,417 | 728 | 1,048 | — | 7,932 | |||||||||||||||||||||||||||||||||||||||
| Past due | 2 | 15 | 6 | 5 | 1 | 25 | — | 54 | |||||||||||||||||||||||||||||||||||||||
| Total residential mortgages | 1,665 | 1,493 | 1,604 | 1,422 | 729 | 1,073 | — | 7,986 | |||||||||||||||||||||||||||||||||||||||
| Residential mortgages gross charge-offs | 0.1 | 0.6 | 0.3 | 0.2 | — | 1.4 | — | 2.6 | |||||||||||||||||||||||||||||||||||||||
| Indirect Installment: | |||||||||||||||||||||||||||||||||||||||||||||||
| Current | 396 | 24 | 67 | 142 | 49 | 42 | — | 720 | |||||||||||||||||||||||||||||||||||||||
| Past due | 1 | 3 | 6 | 6 | 2 | 1 | — | 19 | |||||||||||||||||||||||||||||||||||||||
| Total indirect installment | 397 | 27 | 73 | 148 | 51 | 43 | — | 739 | |||||||||||||||||||||||||||||||||||||||
| Indirect installment gross charge-offs | 0.2 | 1.8 | 4.5 | 3.2 | 0.5 | 1.6 | — | 11.8 | |||||||||||||||||||||||||||||||||||||||
| Consumer Lines of Credit: | |||||||||||||||||||||||||||||||||||||||||||||||
| Current | 8 | 29 | 51 | 13 | 1 | 117 | 1,141 | 1,360 | |||||||||||||||||||||||||||||||||||||||
| Past due | — | — | 1 | 1 | — | 10 | 2 | 14 | |||||||||||||||||||||||||||||||||||||||
| Total consumer lines of credit | 8 | 29 | 52 | 14 | 1 | 127 | 1,143 | 1,374 | |||||||||||||||||||||||||||||||||||||||
| Consumer lines of credit gross charge-offs | — | 0.1 | 0.1 | 0.1 | — | 1.3 | — | 1.6 | |||||||||||||||||||||||||||||||||||||||
| Total consumer loans | 2,416 | 1,827 | 2,353 | 2,268 | 1,123 | 1,645 | 1,143 | 12,775 | |||||||||||||||||||||||||||||||||||||||
| Total loans and leases | $ | 5,418 | $ | 4,916 | $ | 5,924 | $ | 5,165 | $ | 2,997 | $ | 6,092 | $ | 3,427 | $ | 33,939 | |||||||||||||||||||||||||||||||
| Total charge-offs | $ | 0.4 | $ | 7.4 | $ | 7.7 | $ | 20.5 | $ | 17.0 | $ | 28.8 | $ | — | $ | 81.8 | |||||||||||||||||||||||||||||||
| (in millions) | 30-89 Days Past Due | ≥ 90 Days Past Due and Still Accruing | Non- Accrual | Total Past Due | Current | Total Loans and Leases | Non-accrual with No ACL | ||||||||||||||||||||||||||||||||||
| December 31, 2025 | |||||||||||||||||||||||||||||||||||||||||
| Commercial real estate | $ | 10 | $ | — | $ | 45 | $ | 55 | $ | 12,219 | $ | 12,274 | $ | 18 | |||||||||||||||||||||||||||
| Commercial and industrial | 10 | — | 35 | 45 | 7,673 | 7,718 | 15 | ||||||||||||||||||||||||||||||||||
| Commercial leases | — | — | 3 | 3 | 788 | 791 | — | ||||||||||||||||||||||||||||||||||
| Other | 34 | 1 | 2 | 37 | 104 | 141 | — | ||||||||||||||||||||||||||||||||||
| Total commercial loans and leases | 54 | 1 | 85 | 140 | 20,784 | 20,924 | 33 | ||||||||||||||||||||||||||||||||||
| Direct installment | 8 | 1 | 4 | 13 | 2,665 | 2,678 | — | ||||||||||||||||||||||||||||||||||
| Residential mortgages | 47 | 9 | 12 | 68 | 8,814 | 8,882 | 1 | ||||||||||||||||||||||||||||||||||
| Indirect installment | 14 | — | 1 | 15 | 752 | 767 | — | ||||||||||||||||||||||||||||||||||
| Consumer lines of credit | 7 | 2 | 3 | 12 | 1,514 | 1,526 | — | ||||||||||||||||||||||||||||||||||
| Total consumer loans | 76 | 12 | 20 | 108 | 13,745 | 13,853 | 1 | ||||||||||||||||||||||||||||||||||
| Total loans and leases | $ | 130 | $ | 13 | $ | 105 | $ | 248 | $ | 34,529 | $ | 34,777 | $ | 34 | |||||||||||||||||||||||||||
| (in millions) | 30-89 Days Past Due | > 90 Days Past Due and Still Accruing | Non- Accrual | Total Past Due | Current | Total Loans and Leases | Non-accrual with No ACL | ||||||||||||||||||||||||||||||||||
| December 31, 2024 | |||||||||||||||||||||||||||||||||||||||||
| Commercial real estate | $ | 26 | $ | — | $ | 88 | $ | 114 | $ | 12,591 | $ | 12,705 | $ | 24 | |||||||||||||||||||||||||||
| Commercial and industrial | 10 | — | 52 | 62 | 7,488 | 7,550 | 19 | ||||||||||||||||||||||||||||||||||
| Commercial leases | 1 | — | 2 | 3 | 762 | 765 | — | ||||||||||||||||||||||||||||||||||
| Other | 1 | — | 2 | 3 | 141 | 144 | — | ||||||||||||||||||||||||||||||||||
| Total commercial loans and leases | 38 | — | 144 | 182 | 20,982 | 21,164 | 43 | ||||||||||||||||||||||||||||||||||
| Direct installment | 8 | 2 | 2 | 12 | 2,664 | 2,676 | — | ||||||||||||||||||||||||||||||||||
| Residential mortgages | 38 | 9 | 7 | 54 | 7,932 | 7,986 | — | ||||||||||||||||||||||||||||||||||
| Indirect installment | 16 | 1 | 2 | 19 | 720 | 739 | — | ||||||||||||||||||||||||||||||||||
| Consumer lines of credit | 8 | 2 | 4 | 14 | 1,360 | 1,374 | — | ||||||||||||||||||||||||||||||||||
| Total consumer loans | 70 | 14 | 15 | 99 | 12,676 | 12,775 | — | ||||||||||||||||||||||||||||||||||
| Total loans and leases | $ | 108 | $ | 14 | $ | 159 | $ | 281 | $ | 33,658 | $ | 33,939 | $ | 43 | |||||||||||||||||||||||||||
| December 31 | 2025 | 2024 | |||||||||
| (dollars in millions) | |||||||||||
| Non-accrual loans | $ | 105 | $ | 159 | |||||||
| Total non-performing loans and leases | 105 | 159 | |||||||||
| Other real estate owned | 3 | 3 | |||||||||
| Total non-performing assets | $ | 108 | $ | 162 | |||||||
| Asset quality ratios: | |||||||||||
| Non-performing loans and leases / total loans and leases | 0.30 | % | 0.47 | % | |||||||
Non-performing assets plus 90 days or more past due / total loans and leases plus OREO | 0.35 | 0.52 | |||||||||
| (dollars in millions) | Amortized Cost Basis | % of Total Class of Financing Receivable | Financial Effect | ||||||||||||||
| Twelve Months Ended December 31, 2025 | |||||||||||||||||
| Term Extension | |||||||||||||||||
| Commercial real estate | $ | 2.3 | 0.02 | % | The modified loans had an average increase in term of 6 months, extending the maturity date. | ||||||||||||
| Commercial and industrial | 1.2 | 0.02 | The modified loans had an average increase in term of 21 months, extending the maturity date. | ||||||||||||||
| Direct installment | 2.7 | 0.10 | The modified loans had an average increase in term of 77 months, extending the maturity date. | ||||||||||||||
| Residential mortgages | 6.0 | 0.07 | The modified loans had an average increase in term of 37 months, extending the maturity date. | ||||||||||||||
| Consumer lines of credit | 0.7 | 0.05 | The modified loans had an average increase in term of 169 months, extending the maturity date. | ||||||||||||||
| Total | 12.9 | ||||||||||||||||
| Term Extension and Rate Reduction | |||||||||||||||||
| Residential mortgages | 3.2 | 0.04 | The term was extended, with weighted average yield reductions of 32 basis points to 475 basis points with extensions up to 28 years. | ||||||||||||||
| Total | 3.2 | ||||||||||||||||
| Other | |||||||||||||||||
| Commercial real estate | 1.5 | 0.01 | The majority resulted in a 3 to 6 month deferral on principal payments. | ||||||||||||||
| Commercial and industrial | 0.7 | 0.01 | The majority resulted in a 3-month deferral on principal payments | ||||||||||||||
| Total | 2.2 | ||||||||||||||||
| Total Outstanding Modified | $ | 18.3 | |||||||||||||||
| (dollars in millions) | Amortized Cost Basis | % of Total Class of Financing Receivable | Financial Effect | ||||||||||||||
| Twelve Months Ended December 31, 2024 | |||||||||||||||||
| Term Extension | |||||||||||||||||
| Commercial real estate | $ | 0.3 | — | % | The modified loans had an average increase in term of 7 months, extending the maturity date. | ||||||||||||
| Commercial and industrial | 0.1 | — | Modifications were made with no material financial effect. | ||||||||||||||
| Direct installment | 1.5 | 0.06 | The modified loans had an average increase in term of 65 months, extending the maturity date. | ||||||||||||||
| Residential mortgages | 7.3 | 0.09 | The modified loans had an average increase in term of 70 months, extending the maturity date. | ||||||||||||||
| Consumer lines of credit | 1.3 | 0.09 | The modified loans had an average increase in term of 221 months, extending the maturity date. | ||||||||||||||
| Total | 10.5 | ||||||||||||||||
| Rate Reduction | |||||||||||||||||
| Residential mortgages | 0.1 | — | Modifications were made with no material financial effect. | ||||||||||||||
| Total | 0.1 | ||||||||||||||||
| Term Extension and Rate Reduction | |||||||||||||||||
| Commercial real estate | 17.6 | 0.14 | The terms were extended, with a weighted average yield reduction of 190 basis points. | ||||||||||||||
| Commercial and industrial | 15.5 | 0.21 | The modified loans had an average increase in term of 6 months, at a reduced rate. | ||||||||||||||
| Residential mortgages | 1.3 | 0.02 | Modifications were made with no material financial effect. | ||||||||||||||
| Consumer lines of credit | 0.2 | 0.01 | Modifications were made with no material financial effect. | ||||||||||||||
| Total | 34.6 | ||||||||||||||||
| Balloon Payment | |||||||||||||||||
| Commercial real estate | 0.7 | 0.01 | Modifications were made with no material financial effect. | ||||||||||||||
| Consumer lines of credit | 0.2 | 0.03 | Modifications were made with no material financial effect. | ||||||||||||||
| Total | 0.9 | ||||||||||||||||
| Other | |||||||||||||||||
| Commercial real estate | 2.0 | 0.02 | 3 to 12 month payment deferrals with no income being earned on these loans. | ||||||||||||||
| Commercial and industrial | 5.2 | 0.07 | Temporarily lowered monthly payments, 3 to 9 month payment deferral or temporary interest only payments while borrowers were in work-out. | ||||||||||||||
| Total | 7.2 | ||||||||||||||||
| Total Outstanding Modified | $ | 53.3 | |||||||||||||||
| (dollars in millions) | Amortized Cost Basis | % of Total Class of Financing Receivable | Financial Effect | ||||||||||||||
| Twelve Months Ended December 31, 2023 | |||||||||||||||||
| Term Extension | |||||||||||||||||
| Commercial real estate | $ | 21.5 | 0.17 | % | The modified loans had an average increase in term of 15 months, extending the maturity date. | ||||||||||||
| Commercial and industrial | 20.6 | 0.28 | The modified loans had an average increase in term of 34 months, extending the maturity date. | ||||||||||||||
| Direct installment | 1.7 | 0.06 | The modified loans had an average increase in term of 90 months, extending the maturity date. | ||||||||||||||
| Residential mortgages | 3.8 | 0.06 | The modified loans had an average increase in term of 91 months, extending the maturity date. | ||||||||||||||
| Consumer lines of credit | 0.5 | 0.04 | The repayment on the loans modified was extended, lowering the monthly repayment. | ||||||||||||||
| Total | 48.1 | ||||||||||||||||
| Term Extension and Rate Reduction | |||||||||||||||||
| Commercial and industrial | 0.1 | — | The term was extended, with a weighted average yield reduction of 462 basis points. | ||||||||||||||
| Direct installment | 0.4 | 0.01 | The modified loans had an average increase in term of 319 months, extending the maturity date. | ||||||||||||||
| Residential mortgages | 0.8 | 0.01 | The term was extended, with a weighted average yield reduction of 267 basis points. | ||||||||||||||
| Consumer lines of credit | 0.7 | 0.05 | The term was extended, with a weighted average yield reduction of 266 basis points. | ||||||||||||||
| Total | 2.0 | ||||||||||||||||
| Other | |||||||||||||||||
| Commercial real estate | 8.3 | 0.07 | The modified loans had an average increase in term of 6 months, extending the maturity date. | ||||||||||||||
| Direct installment | 0.1 | — | Multiple modifications were made with no material financial effect. | ||||||||||||||
| Residential mortgages | 0.1 | — | Multiple modifications were made with no material financial effect. | ||||||||||||||
| Consumer lines of credit | 0.6 | 0.05 | Primarily changed to a payment schedule with a fixed rate reduction of 508 basis points. | ||||||||||||||
| Total | 9.1 | ||||||||||||||||
| Total Outstanding Modified | $ | 59.2 | |||||||||||||||
| Amortized cost basis of modified financing receivables that subsequently defaulted: | |||||||||||||||||||||||||||||
| (in millions) | Term Extension | Term Extension and Rate Reduction | Balloon Payment | Other | Total Outstanding Modified | ||||||||||||||||||||||||
| Twelve Months Ended December 31, 2025 | |||||||||||||||||||||||||||||
| Commercial real estate | $ | 1.1 | $ | — | $ | — | $ | 2.0 | $ | 3.1 | |||||||||||||||||||
| Commercial and industrial | 0.9 | — | — | 1.3 | 2.2 | ||||||||||||||||||||||||
| Total commercial loans and leases | 2.0 | — | — | 3.3 | 5.3 | ||||||||||||||||||||||||
| Direct installment | 0.3 | — | — | — | 0.3 | ||||||||||||||||||||||||
| Residential mortgages | 1.9 | 0.6 | — | — | 2.5 | ||||||||||||||||||||||||
| Total consumer loans | 2.2 | 0.6 | — | — | 2.8 | ||||||||||||||||||||||||
| Total | $ | 4.2 | $ | 0.6 | $ | — | $ | 3.3 | $ | 8.1 | |||||||||||||||||||
| (in millions) | Term Extension | Term Extension and Rate Reduction | Balloon Payment | Other | Total Outstanding Modified | ||||||||||||||||||||||||
| Twelve Months Ended December 31, 2024 | |||||||||||||||||||||||||||||
| Commercial real estate | $ | 0.3 | $ | — | $ | 0.7 | $ | 5.9 | $ | 6.9 | |||||||||||||||||||
| Commercial and industrial | 18.4 | 15.5 | — | 5.5 | 39.4 | ||||||||||||||||||||||||
| Total commercial loans and leases | 18.7 | 15.5 | 0.7 | 11.4 | 46.3 | ||||||||||||||||||||||||
| Direct installment | 0.7 | — | — | — | 0.7 | ||||||||||||||||||||||||
| Residential mortgages | 4.7 | 0.4 | — | — | 5.1 | ||||||||||||||||||||||||
| Total consumer loans | 5.4 | 0.4 | — | — | 5.8 | ||||||||||||||||||||||||
| Total | $ | 24.1 | $ | 15.9 | $ | 0.7 | $ | 11.4 | $ | 52.1 | |||||||||||||||||||
| (in millions) | Term Extension | Term Extension and Rate Reduction | Balloon Payment | Other | Total Outstanding Modified | ||||||||||||||||||||||||
| Twelve Months Ended December 31, 2023 | |||||||||||||||||||||||||||||
| Commercial real estate | $ | 0.4 | $ | — | $ | — | $ | 5.2 | $ | 5.6 | |||||||||||||||||||
| Commercial and industrial | 21.5 | 0.3 | — | — | 21.8 | ||||||||||||||||||||||||
| Total commercial loans and leases | 21.9 | 0.3 | — | 5.2 | 27.4 | ||||||||||||||||||||||||
| Direct installment | 0.1 | — | — | — | 0.1 | ||||||||||||||||||||||||
| Residential mortgages | 0.3 | 0.3 | — | — | 0.6 | ||||||||||||||||||||||||
| Consumer lines of credit | 0.1 | — | — | — | 0.1 | ||||||||||||||||||||||||
| Total consumer loans | 0.5 | 0.3 | — | — | 0.8 | ||||||||||||||||||||||||
| Total | $ | 22.4 | $ | 0.6 | $ | — | $ | 5.2 | $ | 28.2 | |||||||||||||||||||
| Payment status - amortization cost basis: | |||||||||||||||||
| (in millions) | Current | 30-89 Days Past Due | 90+ Days Past Due | ||||||||||||||
| December 31, 2025 | |||||||||||||||||
| Commercial real estate | $ | 3.6 | $ | — | $ | 0.2 | |||||||||||
| Commercial and industrial | 1.4 | 0.5 | — | ||||||||||||||
| Total commercial loans and leases | 5.0 | 0.5 | 0.2 | ||||||||||||||
| Direct installment | 1.9 | 0.6 | 0.2 | ||||||||||||||
| Residential mortgages | 5.2 | 3.0 | 1.0 | ||||||||||||||
| Consumer lines of credit | 0.6 | 0.1 | — | ||||||||||||||
| Total consumer loans | 7.7 | 3.7 | 1.2 | ||||||||||||||
| Total | $ | 12.7 | $ | 4.2 | $ | 1.4 | |||||||||||
| (in millions) | Current | 30-89 Days Past Due | 90+ Days Past Due | ||||||||||||||
| December 31, 2024 | |||||||||||||||||
| Commercial real estate | $ | 20.5 | $ | — | $ | — | |||||||||||
| Commercial and industrial | 20.8 | — | — | ||||||||||||||
| Total commercial loans and leases | 41.3 | — | — | ||||||||||||||
| Direct installment | 1.2 | 0.3 | — | ||||||||||||||
| Residential mortgages | 5.5 | 1.8 | 1.5 | ||||||||||||||
| Consumer lines of credit | 1.4 | 0.3 | — | ||||||||||||||
| Total consumer loans | 8.1 | 2.4 | 1.5 | ||||||||||||||
| Total | $ | 49.4 | $ | 2.4 | $ | 1.5 | |||||||||||
| (in millions) | Balance at Beginning of Year | Charge- Offs | Recoveries | Net Charge- Offs | Provision for Credit Losses | Balance at End of Year | |||||||||||||||||||||||||||||
| Year Ended December 31, 2025 | |||||||||||||||||||||||||||||||||||
| Commercial real estate | $ | 166.9 | $ | (30.0) | $ | 1.3 | $ | (28.7) | $ | 37.7 | $ | 175.9 | |||||||||||||||||||||||
| Commercial and industrial | 85.6 | (37.9) | 8.1 | (29.8) | 43.1 | 98.9 | |||||||||||||||||||||||||||||
| Commercial leases | 22.9 | (0.2) | — | (0.2) | 3.5 | 26.2 | |||||||||||||||||||||||||||||
| Other | 4.3 | (4.7) | 1.0 | (3.7) | 3.8 | 4.4 | |||||||||||||||||||||||||||||
| Total commercial loans and leases | 279.7 | (72.8) | 10.4 | (62.4) | 88.1 | 305.4 | |||||||||||||||||||||||||||||
| Direct installment | 29.1 | (0.9) | 0.7 | (0.2) | (3.2) | 25.7 | |||||||||||||||||||||||||||||
| Residential mortgages | 95.9 | (2.4) | 0.5 | (1.9) | (1.6) | 92.4 | |||||||||||||||||||||||||||||
| Indirect installment | 9.5 | (7.6) | 2.2 | (5.4) | 4.9 | 9.0 | |||||||||||||||||||||||||||||
| Consumer lines of credit | 8.6 | (1.0) | 0.4 | (0.6) | (1.0) | 7.0 | |||||||||||||||||||||||||||||
| Total consumer loans | 143.1 | (11.9) | 3.8 | (8.1) | (0.9) | 134.1 | |||||||||||||||||||||||||||||
| Total allowance for credit losses on loans and leases | 422.8 | (84.7) | 14.2 | (70.5) | 87.2 | 439.5 | |||||||||||||||||||||||||||||
| Allowance for unfunded loan commitments | 21.4 | — | — | — | (1.3) | 20.1 | |||||||||||||||||||||||||||||
| Total allowance for credit losses on loans and leases and allowance for unfunded loan commitments | $ | 444.2 | $ | (84.7) | $ | 14.2 | $ | (70.5) | $ | 85.9 | $ | 459.6 | |||||||||||||||||||||||
| (in millions) | Balance at Beginning of Year | Charge- Offs | Recoveries | Net Charge- Offs | Provision for Credit Losses | Balance at End of Year | |||||||||||||||||||||||||||||
| Year Ended December 31, 2024 | |||||||||||||||||||||||||||||||||||
| Commercial real estate | $ | 166.6 | $ | (38.6) | $ | 2.5 | $ | (36.1) | $ | 36.4 | $ | 166.9 | |||||||||||||||||||||||
| Commercial and industrial | 87.8 | (20.9) | 9.3 | (11.6) | 9.4 | 85.6 | |||||||||||||||||||||||||||||
| Commercial leases | 21.2 | (0.3) | 0.1 | (0.2) | 1.9 | 22.9 | |||||||||||||||||||||||||||||
| Other | 3.7 | (4.2) | 1.4 | (2.8) | 3.4 | 4.3 | |||||||||||||||||||||||||||||
| Total commercial loans and leases | 279.3 | (64.0) | 13.3 | (50.7) | 51.1 | 279.7 | |||||||||||||||||||||||||||||
| Direct installment | 33.8 | (1.8) | 1.1 | (0.7) | (4.0) | 29.1 | |||||||||||||||||||||||||||||
| Residential mortgages | 70.5 | (2.6) | 1.2 | (1.4) | 26.8 | 95.9 | |||||||||||||||||||||||||||||
| Indirect installment | 12.8 | (11.8) | 2.6 | (9.2) | 5.9 | 9.5 | |||||||||||||||||||||||||||||
| Consumer lines of credit | 9.2 | (1.6) | 0.9 | (0.7) | 0.1 | 8.6 | |||||||||||||||||||||||||||||
| Total consumer loans | 126.3 | (17.8) | 5.8 | (12.0) | 28.8 | 143.1 | |||||||||||||||||||||||||||||
| Total allowance for credit losses on loans and leases | 405.6 | (81.8) | 19.1 | (62.7) | 79.9 | 422.8 | |||||||||||||||||||||||||||||
| Allowance for unfunded loan commitments | 21.5 | — | — | — | (0.1) | 21.4 | |||||||||||||||||||||||||||||
| Total allowance for credit losses on loans and leases and allowance for unfunded loan commitments | $ | 427.1 | $ | (81.8) | $ | 19.1 | $ | (62.7) | $ | 79.8 | $ | 444.2 | |||||||||||||||||||||||
| (in millions) | Balance at Beginning of Period | Charge- Offs | Recoveries | Net Charge- Offs | Provision for Credit Losses | Balance at End of Period | |||||||||||||||||||||||||||||
Year Ended December 31, 2023 | |||||||||||||||||||||||||||||||||||
| Commercial real estate | $ | 162.1 | $ | (12.4) | $ | 4.4 | $ | (8.0) | $ | 12.5 | $ | 166.6 | |||||||||||||||||||||||
| Commercial and industrial | 102.1 | (51.2) | 3.8 | (47.4) | 33.1 | 87.8 | |||||||||||||||||||||||||||||
| Commercial leases | 13.5 | — | — | — | 7.7 | 21.2 | |||||||||||||||||||||||||||||
| Other | 4.0 | (4.5) | 1.0 | (3.5) | 3.2 | 3.7 | |||||||||||||||||||||||||||||
| Total commercial loans and leases | 281.7 | (68.1) | 9.2 | (58.9) | 56.5 | 279.3 | |||||||||||||||||||||||||||||
| Direct installment | 35.9 | (0.6) | 0.6 | — | (2.1) | 33.8 | |||||||||||||||||||||||||||||
| Residential mortgages | 55.5 | (0.7) | 0.5 | (0.2) | 15.2 | 70.5 | |||||||||||||||||||||||||||||
| Indirect installment | 17.3 | (10.7) | 2.3 | (8.4) | 3.9 | 12.8 | |||||||||||||||||||||||||||||
| Consumer lines of credit | 11.3 | (1.0) | 0.8 | (0.2) | (1.9) | 9.2 | |||||||||||||||||||||||||||||
| Total consumer loans | 120.0 | (13.0) | 4.2 | (8.8) | 15.1 | 126.3 | |||||||||||||||||||||||||||||
| Total allowance for credit losses on loans and leases | 401.7 | (81.1) | 13.4 | (67.7) | 71.6 | 405.6 | |||||||||||||||||||||||||||||
| Allowance for unfunded loan commitments | 21.4 | — | — | — | 0.1 | 21.5 | |||||||||||||||||||||||||||||
| Total allowance for credit losses on loans and leases and allowance for unfunded loan commitments | $ | 423.1 | $ | (81.1) | $ | 13.4 | $ | (67.7) | $ | 71.7 | $ | 427.1 | |||||||||||||||||||||||
| Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (in millions) | |||||||||||||||||
| Balance at beginning of period | $ | 21.4 | $ | 21.5 | $ | 21.4 | |||||||||||
| Provision for unfunded loan commitments and letters of credit: | |||||||||||||||||
| Commercial portfolio | (1.1) | 0.1 | 0.3 | ||||||||||||||
| Consumer portfolio | (0.2) | (0.2) | (0.2) | ||||||||||||||
| Balance at end of period | $ | 20.1 | $ | 21.4 | $ | 21.5 | |||||||||||
| December 31 | 2025 | 2024 | |||||||||
| (in millions) | |||||||||||
| Mortgage loans sold with servicing retained | $ | 7,062 | $ | 6,429 | |||||||
| Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (in millions) | |||||||||||||||||
| Mortgage loans sold with servicing retained | $ | 1,382 | $ | 1,280 | $ | 980 | |||||||||||
Pre-tax net gains (losses) resulting from above loan sales (1) | 22 | 21 | 3 | ||||||||||||||
Mortgage servicing fees (1) | 17 | 15 | 14 | ||||||||||||||
| Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (in millions) | |||||||||||||||||
| Balance at beginning of period | $ | 70.5 | $ | 59.5 | $ | 52.8 | |||||||||||
| Additions | 14.5 | 16.6 | 11.3 | ||||||||||||||
| Payoffs and curtailments | (5.2) | (3.4) | (2.2) | ||||||||||||||
| Impairment (charge) / recovery | — | 0.1 | (0.2) | ||||||||||||||
| Amortization / other | (6.3) | (2.3) | (2.2) | ||||||||||||||
| Balance at end of period | $ | 73.5 | $ | 70.5 | $ | 59.5 | |||||||||||
| Fair value, beginning of period | $ | 86.3 | $ | 71.8 | $ | 68.6 | |||||||||||
| Fair value, end of period | 88.2 | 86.3 | 71.8 | ||||||||||||||
| December 31 | 2025 | 2024 | |||||||||
| (dollars in millions) | |||||||||||
| Weighted average life (months) | 89 | 96 | |||||||||
| Constant prepayment rate (annualized) | 8.6 | % | 7.6 | % | |||||||
| Discount rate | 10.1 | % | 10.3 | % | |||||||
| Effect on fair value due to change in interest rates: | |||||||||||
| +2.00% | $ | 13 | $ | 6 | |||||||
| +1.00% | 10 | 5 | |||||||||
| +0.50% | 7 | 3 | |||||||||
| +0.25% | 4 | 2 | |||||||||
| -0.25% | (4) | (2) | |||||||||
| -0.50% | (8) | (5) | |||||||||
| -1.00% | (14) | (11) | |||||||||
| -2.00% | (24) | (20) | |||||||||
| -3.00% | (42) | (34) | |||||||||
| December 31 | 2025 | 2024 | |||||||||
| (in millions) | |||||||||||
| Land | $ | 71 | $ | 66 | |||||||
| Premises | 363 | 343 | |||||||||
| Equipment | 582 | 510 | |||||||||
| Finance leases | 39 | 44 | |||||||||
| 1,055 | 963 | ||||||||||
| Accumulated depreciation | (487) | (427) | |||||||||
| Total premises and equipment, net | $ | 568 | $ | 536 | |||||||
| December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (in millions) | |||||||||||||||||
| Depreciation expense for premises and equipment | $ | 74 | $ | 64 | $ | 59 | |||||||||||
| (in millions) | Community Banking | Wealth Manage- ment | Insurance | Other | Total | ||||||||||||||||||||||||
| Balance at January 1, 2024 | $ | 2,446 | $ | 8 | $ | 23 | $ | — | $ | 2,477 | |||||||||||||||||||
| Goodwill additions | — | — | 1 | — | 1 | ||||||||||||||||||||||||
| Balance at December 31, 2024 | 2,446 | 8 | 24 | — | 2,478 | ||||||||||||||||||||||||
| Goodwill additions | — | — | — | 2 | 2 | ||||||||||||||||||||||||
| Balance at December 31, 2025 | $ | 2,446 | $ | 8 | $ | 24 | $ | 2 | $ | 2,480 | |||||||||||||||||||
| (in millions) | Core Deposit Intangibles | Customer Renewal Lists | Total | ||||||||||||||
| December 31, 2025 | |||||||||||||||||
| Gross carrying amount | $ | 258 | $ | 19 | $ | 277 | |||||||||||
| Accumulated amortization | (224) | (17) | (241) | ||||||||||||||
| Net carrying amount | $ | 34 | $ | 2 | $ | 36 | |||||||||||
| December 31, 2024 | |||||||||||||||||
| Gross carrying amount | $ | 258 | $ | 18 | $ | 276 | |||||||||||
| Accumulated amortization | (209) | (16) | (225) | ||||||||||||||
| Net carrying amount | $ | 49 | $ | 2 | $ | 51 | |||||||||||
| December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (in millions) | |||||||||||||||||
| Amortization expense | $ | 16 | $ | 18 | $ | 20 | |||||||||||
| (in millions) | |||||
| 2026 | $ | 12 | |||
| 2027 | 8 | ||||
| 2028 | 6 | ||||
| 2029 | 4 | ||||
| 2030 | 3 | ||||
| Total | $ | 33 | |||
| Twelve Months Ended December 31, | |||||||||||||||||
| (in millions) | 2025 | 2024 | 2023 | ||||||||||||||
| Operating lease cost | $ | 40 | $ | 41 | $ | 34 | |||||||||||
| Short-term lease cost | 1 | 1 | — | ||||||||||||||
| Variable lease cost | 6 | 5 | 5 | ||||||||||||||
| Finance lease cost | 4 | 3 | 3 | ||||||||||||||
| Total lease cost | $ | 51 | $ | 50 | $ | 42 | |||||||||||
| Twelve Months Ended December 31, | |||||||||||
| (dollars in millions) | 2025 | 2024 | |||||||||
| Cash paid for amounts included in the measurement of lease liabilities: | |||||||||||
| Operating cash flows from operating leases | $ | 38 | $ | 34 | |||||||
| Operating cash flows from finance leases | $ | 1 | $ | 1 | |||||||
| Right-of-use assets obtained in exchange for lease obligations: | |||||||||||
| Operating leases | $ | 19 | $ | 27 | |||||||
| Finance leases | $ | — | $ | 10 | |||||||
| Weighted average remaining lease term (years): | |||||||||||
| Operating leases | 10 | 11 | |||||||||
| Finance leases | 17 | 18 | |||||||||
| Weighted average discount rate: | |||||||||||
| Operating leases | 4.0 | % | 3.9 | % | |||||||
| Finance leases | 3.6 | % | 3.5 | % | |||||||
| (in millions) | Operating Leases | Finance Leases | Total Leases | ||||||||||||||
| December 31, 2025 | |||||||||||||||||
| 0 - 12 months | $ | 36 | $ | 2 | $ | 38 | |||||||||||
| 13 - 24 months | 33 | 3 | 36 | ||||||||||||||
| 25 - 36 months | 29 | 3 | 32 | ||||||||||||||
| 37 - 48 months | 27 | 3 | 30 | ||||||||||||||
| 49 - 60 months | 25 | 3 | 28 | ||||||||||||||
| Later years | 144 | 34 | 178 | ||||||||||||||
| Total lease payments | 294 | 48 | 342 | ||||||||||||||
| Less: imputed interest | (58) | (12) | (70) | ||||||||||||||
| Present value of lease liabilities | $ | 236 | $ | 36 | $ | 272 | |||||||||||
| (in millions) | Total Assets | Total Liabilities | Maximum Exposure to Loss | ||||||||||||||
| December 31, 2025 | |||||||||||||||||
Trust preferred securities (1) | $ | 3 | $ | 74 | $ | — | |||||||||||
| Tax credit partnerships | 174 | 66 | 174 | ||||||||||||||
| Other investments | 38 | — | 38 | ||||||||||||||
| Total | $ | 215 | $ | 140 | $ | 212 | |||||||||||
| December 31, 2024 | |||||||||||||||||
Trust preferred securities (1) | $ | 3 | $ | 73 | $ | — | |||||||||||
| Tax credit partnerships | 164 | 68 | 164 | ||||||||||||||
| Other investments | 34 | — | 34 | ||||||||||||||
| Total | $ | 201 | $ | 141 | $ | 198 | |||||||||||
| (1) Represents our investment in unconsolidated subsidiaries. | |||||||||||||||||
| December 31 | 2025 | 2024 | |||||||||
| (in millions) | |||||||||||
| Tax credit investments included in other assets | $ | 108 | $ | 96 | |||||||
| Unfunded tax credit investments | 66 | 68 | |||||||||
| Year Ended December 31 | |||||||||||||||||
| (in millions) | 2025 | 2024 | 2023 | ||||||||||||||
| Provision for income taxes: | |||||||||||||||||
| Amortization of tax credit investments under proportional method | $ | 23 | $ | 21 | $ | 15 | |||||||||||
| Tax credits from tax credit investments | (25) | (21) | (16) | ||||||||||||||
| Other tax benefits related to tax credit investments | (4) | (3) | (2) | ||||||||||||||
| Total impact on provision for income taxes | $ | (6) | $ | (3) | $ | (3) | |||||||||||
| December 31 | 2025 | 2024 | |||||||||
| (in millions) | |||||||||||
| Non-interest-bearing demand | $ | 9,914 | $ | 9,761 | |||||||
| Interest-bearing demand | 18,399 | 16,668 | |||||||||
| Savings | 3,138 | 3,178 | |||||||||
| Certificates and other time deposits: | |||||||||||
| Less than $100,000 | 3,580 | 3,434 | |||||||||
| $100,000 through $250,000 | 1,956 | 2,054 | |||||||||
| Greater than $250,000 | 1,772 | 2,012 | |||||||||
| Total certificates and other time deposits | 7,308 | 7,500 | |||||||||
| Total deposits | $ | 38,759 | $ | 37,107 | |||||||
| (in millions) | |||||
| 2026 | $ | 6,922 | |||
| 2027 | 259 | ||||
| 2028 | 54 | ||||
| 2029 | 35 | ||||
| 2030 | 36 | ||||
| Later years | 2 | ||||
| Total | $ | 7,308 | |||
| December 31 | 2025 | 2024 | |||||||||
| (in millions) | |||||||||||
| Securities sold under repurchase agreements | $ | 131 | $ | 165 | |||||||
| Federal Home Loan Bank advances | 1,055 | 585 | |||||||||
| Federal funds purchased | 705 | 370 | |||||||||
| Subordinated notes | 126 | 136 | |||||||||
| Total short-term borrowings | $ | 2,017 | $ | 1,256 | |||||||
| December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| Year-to-date average | 4.09 | % | 4.80 | % | 3.75 | % | |||||||||||
| Period-end | 3.59 | 4.11 | 5.17 | ||||||||||||||
| December 31 | 2025 | 2024 | |||||||||
| (in millions) | |||||||||||
| Federal Home Loan Bank advances | $ | 1,100 | $ | 1,750 | |||||||
| Senior notes | 498 | 847 | |||||||||
| Subordinated notes | 86 | 74 | |||||||||
| Junior subordinated debt | 74 | 73 | |||||||||
| Other subordinated debt | 143 | 268 | |||||||||
| Total long-term borrowings | $ | 1,901 | $ | 3,012 | |||||||
| (in millions) | |||||
| 2026 | $ | 320 | |||
| 2027 | 620 | ||||
| 2028 | 228 | ||||
| 2029 | 126 | ||||
| 2030 | 500 | ||||
| Later years | 107 | ||||
| Total | $ | 1,901 | |||
| December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| Subordinated notes weighted average interest rate | 4.70 | % | 4.50 | % | 4.10 | % | |||||||||||
| (dollars in millions) | Trust Preferred Securities | Common Securities | Junior Subordinated Debt | Stated Maturity Date | Interest Rate | Rate Reset Factor | |||||||||||||||||||||||||||||
| F.N.B. Statutory Trust II | $ | 22 | $ | 1 | $ | 22 | 6/15/2036 | 5.63 | % | + 165 bps | |||||||||||||||||||||||||
| Yadkin Valley Statutory Trust I | 25 | 1 | 23 | 12/15/2037 | 5.30 | % | + 132 bps | ||||||||||||||||||||||||||||
| FNB Financial Services Capital Trust I | 25 | 1 | 24 | 9/30/2035 | 5.41 | % | + 146 bps | ||||||||||||||||||||||||||||
| Patapsco Statutory Trust I | 5 | — | 5 | 12/15/2035 | 5.46 | % | + 148 bps | ||||||||||||||||||||||||||||
| Total | $ | 77 | $ | 3 | $ | 74 | |||||||||||||||||||||||||||||
| (dollars in millions) | Aggregate Principal Amount Issued | Net Proceeds (5) | Carrying Value | Stated Maturity Date | Interest Rate | ||||||||||||||||||||||||
| Senior Notes: | |||||||||||||||||||||||||||||
Fixed-To-Floating Rate Senior Notes due December 11, 2030 (1) | $ | 500 | $ | 497 | $ | 498 | 12/11/2030 | 5.722 | % | ||||||||||||||||||||
| Total senior notes | 500 | 497 | 498 | ||||||||||||||||||||||||||
| Other Subordinated Debt: | |||||||||||||||||||||||||||||
Fixed-To-Floating Rate Subordinated Notes due 2029 (2) | 120 | 118 | 119 | 2/14/2029 | 6.515 | % | |||||||||||||||||||||||
Fixed-To-Floating Rate Subordinated Notes due December 6, 2028 (3) (4) | 25 | 26 | 24 | 12/6/2028 | 7.019 | % | |||||||||||||||||||||||
| Total other subordinated debt | 145 | 144 | 143 | ||||||||||||||||||||||||||
| Total | $ | 645 | $ | 641 | $ | 641 | |||||||||||||||||||||||
| December 31 | 2025 | 2024 | |||||||||||||||||||||||||||||||||
| Notional Amount | Fair Value | Notional Amount | Fair Value | ||||||||||||||||||||||||||||||||
| (in millions) | Assets | Liabilities | Assets | Liabilities | |||||||||||||||||||||||||||||||
| Gross Derivatives | |||||||||||||||||||||||||||||||||||
| Subject to master netting arrangements: | |||||||||||||||||||||||||||||||||||
| Interest rate contracts – designated | $ | 1,650 | $ | 13 | $ | — | $ | 2,400 | $ | — | $ | 6 | |||||||||||||||||||||||
| Interest rate swaps – not designated | 6,064 | 51 | 51 | 5,901 | 96 | 16 | |||||||||||||||||||||||||||||
| Total subject to master netting arrangements | 7,714 | 64 | 51 | 8,301 | 96 | 22 | |||||||||||||||||||||||||||||
| Not subject to master netting arrangements: | |||||||||||||||||||||||||||||||||||
| Interest rate swaps – not designated | 6,064 | 51 | 155 | 5,901 | 16 | 287 | |||||||||||||||||||||||||||||
| Interest rate lock commitments – not designated | 298 | 7 | — | 417 | 1 | 4 | |||||||||||||||||||||||||||||
| Forward delivery commitments – not designated | 458 | — | 2 | 486 | 4 | — | |||||||||||||||||||||||||||||
| Credit risk contracts – not designated | 815 | — | — | 819 | — | — | |||||||||||||||||||||||||||||
| Total not subject to master netting arrangements | 7,635 | 58 | 157 | 7,623 | 21 | 291 | |||||||||||||||||||||||||||||
| Total | $ | 15,349 | $ | 122 | $ | 208 | $ | 15,924 | $ | 117 | $ | 313 | |||||||||||||||||||||||
| Amount of Gain (Loss) Recognized in OCI on Derivatives | Location of Gain (Loss) Reclassified from AOCI into Income | Amount of Gain (Loss) Reclassified from AOCI into Income | |||||||||||||||||||||||||||||||||||||||
| Year Ended December 31, | Year Ended December 31, | ||||||||||||||||||||||||||||||||||||||||
| (in millions) | 2025 | 2024 | 2023 | 2025 | 2024 | 2023 | |||||||||||||||||||||||||||||||||||
| Derivatives in cash flow hedging relationships: | |||||||||||||||||||||||||||||||||||||||||
| Interest rate contracts | $ | 13 | $ | (18) | $ | (10) | Interest income (expense) | $ | (20) | $ | (40) | $ | (24) | ||||||||||||||||||||||||||||
| Year Ended December 31, | |||||||||||||||||||||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||||||||||||||||||||
| (in millions) | Interest Income - Loans and Leases | Interest Expense - Short-Term Borrowings | Interest Income - Loans and Leases | Interest Expense - Short-Term Borrowings | Interest Income - Loans and Leases | Interest Expense - Short-Term Borrowings | |||||||||||||||||||||||||||||
| Total amounts of income and expense line items presented in the Consolidated Statements of Income (the effects of cash flow hedges are included in these line items) | $ | 1,996 | $ | 68 | $ | 1,985 | $ | 99 | $ | 1,754 | $ | 78 | |||||||||||||||||||||||
| The effects of cash flow hedging: | |||||||||||||||||||||||||||||||||||
| Gain (loss) on cash flow hedging relationships: | |||||||||||||||||||||||||||||||||||
| Interest rate contracts: | |||||||||||||||||||||||||||||||||||
Amount of gain (loss) reclassified from AOCI into net income | (20) | — | (47) | 7 | (46) | 22 | |||||||||||||||||||||||||||||
| Year Ended December 31, | |||||||||||||||||||||||
| (in millions) | Consolidated Statements of Income Location | 2025 | 2024 | 2023 | |||||||||||||||||||
| Interest rate swaps | Non-interest income - other | $ | — | $ | 1 | $ | (1) | ||||||||||||||||
| Mortgage banking contracts | Mortgage banking operations | (5) | 7 | (3) | |||||||||||||||||||
| Credit risk contracts | Non-interest income - other | — | — | — | |||||||||||||||||||
| Gross Amounts Not Offset in the Consolidated Balance Sheets | |||||||||||||||||||||||||||||||||||
| (in millions) | Gross Amount Recognized | Gross Amount Offset in the Consolidated Balance Sheets | Net Amount Presented in the Consolidated Balance Sheets | Financial Instruments Available for Offset | Collateral Received/Pledged | Net Amount | |||||||||||||||||||||||||||||
| December 31, 2025 | |||||||||||||||||||||||||||||||||||
| Derivative Assets | |||||||||||||||||||||||||||||||||||
| Subject to master netting arrangement | $ | 64 | $ | — | $ | 64 | $ | 43 | $ | 20 | $ | 1 | |||||||||||||||||||||||
| Not subject to master netting arrangement | 51 | — | 51 | ||||||||||||||||||||||||||||||||
| Total | $ | 115 | $ | — | $ | 115 | |||||||||||||||||||||||||||||
| Derivative Liabilities | |||||||||||||||||||||||||||||||||||
| Subject to master netting arrangement | $ | 51 | $ | — | $ | 51 | $ | 43 | $ | 8 | $ | — | |||||||||||||||||||||||
| Not subject to master netting arrangement | 155 | — | 155 | ||||||||||||||||||||||||||||||||
| Total | $ | 206 | $ | — | $ | 206 | |||||||||||||||||||||||||||||
| December 31, 2024 | |||||||||||||||||||||||||||||||||||
| Derivative Assets | |||||||||||||||||||||||||||||||||||
| Subject to master netting arrangement | $ | 96 | $ | — | $ | 96 | $ | 16 | $ | 80 | $ | — | |||||||||||||||||||||||
| Not subject to master netting arrangement | 16 | — | 16 | ||||||||||||||||||||||||||||||||
| Total | $ | 112 | $ | — | $ | 112 | |||||||||||||||||||||||||||||
| Derivative Liabilities | |||||||||||||||||||||||||||||||||||
| Subject to master netting arrangement | $ | 22 | $ | — | $ | 22 | $ | 16 | $ | 6 | $ | — | |||||||||||||||||||||||
| Not subject to master netting arrangement | 287 | — | 287 | ||||||||||||||||||||||||||||||||
| Total | $ | 309 | $ | — | $ | 309 | |||||||||||||||||||||||||||||
| December 31 | 2025 | 2024 | |||||||||
| (in millions) | |||||||||||
| Commitments to extend credit | $ | 14,806 | $ | 14,283 | |||||||
| Standby letters of credit | 263 | 271 | |||||||||
| 2025 | 2024 | 2023 | |||||||||||||||||||||||||||||||||
| Units | Weighted Average Grant Price per Share | Units | Weighted Average Grant Price per Share | Units | Weighted Average Grant Price per Share | ||||||||||||||||||||||||||||||
| Unvested units outstanding at beginning of year | 3,571,311 | $ | 13.38 | 3,502,598 | $ | 12.89 | 4,821,182 | $ | 10.30 | ||||||||||||||||||||||||||
| Granted | 1,423,017 | 14.51 | 1,280,942 | 14.05 | 1,438,195 | 12.71 | |||||||||||||||||||||||||||||
| Net adjustment | 319,083 | — | 379,357 | — | 191,021 | — | |||||||||||||||||||||||||||||
| Vested | (1,612,222) | 13.46 | (1,531,209) | 12.75 | (2,311,364) | 7.03 | |||||||||||||||||||||||||||||
| Forfeited/expired/canceled | (216,941) | 13.16 | (60,377) | 12.54 | (636,436) | 8.14 | |||||||||||||||||||||||||||||
| Unvested units outstanding at end of year | 3,484,248 | 13.92 | 3,571,311 | 13.38 | 3,502,598 | 12.89 | |||||||||||||||||||||||||||||
| Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (in millions) | |||||||||||||||||
| Stock-based compensation expense | $ | 17 | $ | 17 | $ | 18 | |||||||||||
| Tax benefit related to stock-based compensation expense | 4 | 4 | 4 | ||||||||||||||
| Fair value of units vested | 22 | 20 | 18 | ||||||||||||||
| (dollars in millions) | Service- Based Units | Performance- Based Units | Total | ||||||||||||||
| Unvested restricted stock units | 2,514,504 | 969,744 | 3,484,248 | ||||||||||||||
| Unrecognized compensation expense | $ | 11 | $ | — | $ | 11 | |||||||||||
| Intrinsic value | $ | 43 | $ | 17 | $ | 60 | |||||||||||
| Weighted average remaining life (in years) | 1.83 | 1.96 | 1.86 | ||||||||||||||
| December 31 | 2025 | 2024 | |||||||||||||||||||||||||||||||||
| (in millions) | Qualified | Non-Qualified | Total | Qualified | Non-Qualified | Total | |||||||||||||||||||||||||||||
| Accumulated benefit obligation | $ | 107 | $ | 13 | $ | 120 | $ | 108 | $ | 14 | $ | 122 | |||||||||||||||||||||||
| Projected benefit obligation at beginning of year | $ | 108 | $ | 14 | $ | 122 | $ | 116 | $ | 15 | $ | 131 | |||||||||||||||||||||||
| Interest cost | 5 | 1 | 6 | 5 | 1 | 6 | |||||||||||||||||||||||||||||
| Actuarial loss (gain) | 3 | 1 | 4 | (4) | — | (4) | |||||||||||||||||||||||||||||
| Benefits paid | (9) | (3) | (12) | (9) | (2) | (11) | |||||||||||||||||||||||||||||
| Projected benefit obligation at end of year | $ | 107 | $ | 13 | $ | 120 | $ | 108 | $ | 14 | $ | 122 | |||||||||||||||||||||||
| Fair value of plan assets at beginning of year | $ | 184 | $ | — | $ | 184 | $ | 178 | $ | — | $ | 178 | |||||||||||||||||||||||
| Actual return on plan assets | 20 | — | 20 | 15 | — | 15 | |||||||||||||||||||||||||||||
| Corporation contribution | — | 3 | 3 | — | 2 | 2 | |||||||||||||||||||||||||||||
| Benefits paid | (9) | (3) | (12) | (9) | (2) | (11) | |||||||||||||||||||||||||||||
| Fair value of plan assets at end of year | $ | 195 | $ | — | $ | 195 | $ | 184 | $ | — | $ | 184 | |||||||||||||||||||||||
| Funded status of plans | $ | 88 | $ | (13) | $ | 75 | $ | 76 | $ | (14) | $ | 62 | |||||||||||||||||||||||
| Assumptions at December 31 | 2025 | 2024 | |||||||||
| Weighted average discount rate | 5.16 | % | 5.48 | % | |||||||
| Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (in millions) | |||||||||||||||||
| Interest cost | $ | 6 | $ | 6 | $ | 7 | |||||||||||
| Expected return on plan assets | (12) | (12) | (11) | ||||||||||||||
| Actuarial loss amortization | 1 | 2 | 2 | ||||||||||||||
| Total pension cost (income) | (5) | (4) | (2) | ||||||||||||||
| Other changes in plan assets and benefit obligations recognized in other comprehensive loss (income): | |||||||||||||||||
| Current year actuarial (gain) loss | (5) | (8) | (1) | ||||||||||||||
| Amortization of actuarial loss | (1) | (2) | (2) | ||||||||||||||
| Total amount recognized in other comprehensive loss (income) | (6) | (10) | (3) | ||||||||||||||
| Total amount recognized in net periodic benefit cost (benefit) and other comprehensive loss (income) | $ | (11) | $ | (14) | $ | (5) | |||||||||||
| Assumptions for the Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| Weighted average discount rate | 5.48 | % | 4.99 | % | 5.34 | % | |||||||||||
| Expected long-term rate of return on assets | 6.75 | 6.75 | 6.75 | ||||||||||||||
| Rates of increase in compensation levels | n/a | n/a | 3.30 | ||||||||||||||
| (in millions) | |||||||||||
| Expected employer contributions: | 2026 | $ | — | ||||||||
| Expected benefit payments: | 2026 | 11 | |||||||||
| 2027 | 11 | ||||||||||
| 2028 | 11 | ||||||||||
| 2029 | 11 | ||||||||||
| 2030 | 10 | ||||||||||
| 2031 – 2035 | 47 | ||||||||||
| Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (in millions) | |||||||||||||||||
| 401(k) contribution expense | $ | 28 | $ | 21 | $ | 21 | |||||||||||
| Target Allocation | Percentage of Plan Assets | ||||||||||||||||
| December 31 | 2026 | 2025 | 2024 | ||||||||||||||
| Asset Category | |||||||||||||||||
| Equity securities | 45 - 65 | 61 | % | 60 | % | ||||||||||||
| Debt securities | 30 - 50 | 36 | 36 | ||||||||||||||
| Cash equivalents | 0 - 10 | 3 | 4 | ||||||||||||||
| (in millions) | Level 1 | Level 2 | Level 3 | Total | |||||||||||||||||||
| December 31, 2025 | |||||||||||||||||||||||
| Asset Class | |||||||||||||||||||||||
| Cash | $ | 7 | $ | — | $ | — | $ | 7 | |||||||||||||||
| Equity securities: | |||||||||||||||||||||||
| F.N.B. Corporation | 3 | — | — | 3 | |||||||||||||||||||
| Other large-cap U.S. financial services companies | 4 | — | — | 4 | |||||||||||||||||||
| Other large-cap U.S. companies | 60 | — | — | 60 | |||||||||||||||||||
| Other equity | 1 | — | — | 1 | |||||||||||||||||||
| Mutual fund equity investments: | |||||||||||||||||||||||
| U.S. equity index funds: | |||||||||||||||||||||||
| U.S. small-cap equity index funds | 4 | — | — | 4 | |||||||||||||||||||
| U.S. mid-cap equity index funds | 7 | — | — | 7 | |||||||||||||||||||
| Non-U.S. equities growth fund | 12 | — | — | 12 | |||||||||||||||||||
| U.S. equity funds: | |||||||||||||||||||||||
| U.S. large-cap | 6 | — | — | 6 | |||||||||||||||||||
| U.S. mid-cap | 11 | — | — | 11 | |||||||||||||||||||
| U.S. small-cap | 4 | — | — | 4 | |||||||||||||||||||
| Other | 6 | — | — | 6 | |||||||||||||||||||
| Fixed income securities: | |||||||||||||||||||||||
| U.S. Treasury bonds | 27 | — | — | 27 | |||||||||||||||||||
| U.S. government agencies | — | 18 | — | 18 | |||||||||||||||||||
| Fixed income mutual funds: | |||||||||||||||||||||||
| U.S. investment-grade fixed income securities | 25 | — | — | 25 | |||||||||||||||||||
| Total | $ | 177 | $ | 18 | $ | — | $ | 195 | |||||||||||||||
| (in millions) | Level 1 | Level 2 | Level 3 | Total | |||||||||||||||||||
| December 31, 2024 | |||||||||||||||||||||||
| Asset Class | |||||||||||||||||||||||
| Cash | $ | 8 | $ | — | $ | — | $ | 8 | |||||||||||||||
| Equity securities: | |||||||||||||||||||||||
| F.N.B. Corporation | 3 | — | — | 3 | |||||||||||||||||||
| Other large-cap U.S. financial services companies | 3 | — | — | 3 | |||||||||||||||||||
| Other large-cap U.S. companies | 58 | — | — | 58 | |||||||||||||||||||
| Other equity | 1 | — | — | 1 | |||||||||||||||||||
| Mutual fund equity investments: | |||||||||||||||||||||||
| U.S. equity index funds: | |||||||||||||||||||||||
| U.S. small-cap equity index funds | 4 | — | — | 4 | |||||||||||||||||||
| U.S. mid-cap equity index funds | 6 | — | — | 6 | |||||||||||||||||||
| Non-U.S. equities growth fund | 15 | — | — | 15 | |||||||||||||||||||
| U.S. equity funds: | |||||||||||||||||||||||
| U.S. mid-cap | 12 | — | — | 12 | |||||||||||||||||||
| U.S. small-cap | 4 | — | — | 4 | |||||||||||||||||||
| Other | 4 | — | — | 4 | |||||||||||||||||||
| Fixed income securities: | |||||||||||||||||||||||
| U.S. Treasury bonds | 18 | — | — | 18 | |||||||||||||||||||
| U.S. government agencies | — | 26 | — | 26 | |||||||||||||||||||
| Fixed income mutual funds: | |||||||||||||||||||||||
| U.S. investment-grade fixed income securities | 22 | — | — | 22 | |||||||||||||||||||
| Total | $ | 158 | $ | 26 | $ | — | $ | 184 | |||||||||||||||
| Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (in millions) | |||||||||||||||||
| Current income taxes: | |||||||||||||||||
| Federal taxes | $ | 48 | $ | 39 | $ | 93 | |||||||||||
| State taxes | 10 | 6 | 12 | ||||||||||||||
| Total current income taxes | 58 | 45 | 105 | ||||||||||||||
| Deferred income taxes: | |||||||||||||||||
| Federal taxes | 43 | 41 | (8) | ||||||||||||||
| State taxes | 3 | 4 | 2 | ||||||||||||||
| Total deferred income taxes | 46 | 45 | (6) | ||||||||||||||
| Total income taxes | $ | 104 | $ | 90 | $ | 99 | |||||||||||
| Year Ended December 31 | 2025 | ||||||||||
| (dollars in millions) | Amount | Percent | |||||||||
| Statutory federal tax rate | $ | 141 | 21.0 | % | |||||||
| State and local income taxes, net of federal income tax effect | 10 | 1.6 | |||||||||
| Tax credits: | |||||||||||
| Renewable energy investment tax credits | (37) | (5.6) | |||||||||
| LIHTC | (21) | (3.2) | |||||||||
| Other tax credits | (5) | (0.7) | |||||||||
| Non-taxable or non-deductible items: | |||||||||||
| Tax-exempt interest | (9) | (1.3) | |||||||||
| Cash surrender value on BOLI | (4) | (0.6) | |||||||||
| Tax credit cost amortization, net of tax benefits | 20 | 2.9 | |||||||||
| FDIC premium disallowance | 7 | 1.1 | |||||||||
| Other non-taxable or non-deductible items | 3 | 0.4 | |||||||||
| Other | (1) | (0.1) | |||||||||
| Total income taxes / effective tax rate | $ | 104 | 15.5 | % | |||||||
| Year Ended December 31 | 2024 | 2023 | |||||||||
| Statutory federal tax rate | 21.0 | % | 21.0 | % | |||||||
| State taxes, net of federal benefit | 1.5 | 1.9 | |||||||||
| Tax-exempt interest | (1.5) | (1.6) | |||||||||
| Cash surrender value on BOLI | (0.6) | (0.5) | |||||||||
| Tax credits | (9.0) | (7.3) | |||||||||
| Tax credit cost amortization, net of tax benefits | 3.2 | 2.3 | |||||||||
| FDIC premium disallowance | 1.3 | 1.0 | |||||||||
| Other items | 0.4 | 0.1 | |||||||||
| Effective tax rate | 16.3 | % | 16.9 | % | |||||||
| (in millions) | Amount Paid | ||||
| Jurisdiction | |||||
| Federal | $ | (33) | |||
| State | |||||
| Maryland | 4 | ||||
| North Carolina | 3 | ||||
| Other | 3 | ||||
| Total state | 10 | ||||
| Total income taxes paid (refunded) | $ | (23) | |||
| December 31 | 2025 | 2024 | |||||||||
| (in millions) | |||||||||||
| Deferred tax assets: | |||||||||||
| Allowance for credit losses | $ | 98 | $ | 95 | |||||||
| Discounts on loans acquired in a business combination | 6 | 8 | |||||||||
| Net operating loss/tax credit carryforwards | 40 | 44 | |||||||||
| Deferred compensation | 19 | 17 | |||||||||
| Securities impairment | 2 | 2 | |||||||||
| Lease liability | 66 | 68 | |||||||||
| Net unrealized securities losses | 10 | 39 | |||||||||
| Other | 20 | 22 | |||||||||
| Total | 261 | 295 | |||||||||
| Valuation allowance | (31) | (34) | |||||||||
| Total deferred tax assets | 230 | 261 | |||||||||
| Deferred tax liabilities: | |||||||||||
| Loan costs | (16) | (13) | |||||||||
| Depreciation | (29) | (16) | |||||||||
| Prepaid expenses | (2) | (2) | |||||||||
| Amortizable intangibles | (13) | (16) | |||||||||
| Pension and other defined benefit plans | (17) | (13) | |||||||||
| Equipment financing | (98) | (68) | |||||||||
| Mortgage servicing rights | (16) | (16) | |||||||||
| Lease ROU asset | (55) | (58) | |||||||||
| Other | (1) | (1) | |||||||||
| Total deferred tax liabilities | (247) | (203) | |||||||||
| Net deferred tax assets (liabilities) | $ | (17) | $ | 58 | |||||||
| (in millions) | Unrealized Net Gains (Losses) on Debt Securities Available for Sale | Unrealized Net Gains (Losses) on Derivative Instruments | Unrecognized Pension and Postretirement Obligations | Total | |||||||||||||||||||
| Year Ended December 31, 2025 | |||||||||||||||||||||||
| Balance at beginning of period | $ | (119) | $ | (15) | $ | (35) | $ | (169) | |||||||||||||||
| Other comprehensive income (loss) before reclassifications | 76 | 10 | 5 | 91 | |||||||||||||||||||
| Amounts reclassified from AOCI | — | 15 | — | 15 | |||||||||||||||||||
| Net current period other comprehensive income (loss) | 76 | 25 | 5 | 106 | |||||||||||||||||||
| Balance at end of period | $ | (43) | $ | 10 | $ | (30) | $ | (63) | |||||||||||||||
| Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (dollars in millions, except per share data) | |||||||||||||||||
| Net income | $ | 565 | $ | 465 | $ | 485 | |||||||||||
| Less: Preferred stock dividends | — | 6 | 8 | ||||||||||||||
| Net income available to common shareholders | $ | 565 | $ | 459 | $ | 477 | |||||||||||
| Basic weighted average common shares outstanding | 360,838,499 | 361,444,439 | 360,743,462 | ||||||||||||||
| Net effect of dilutive stock options and restricted stock | 1,115,475 | 1,193,165 | 2,154,344 | ||||||||||||||
| Diluted weighted average common shares outstanding | 361,953,974 | 362,637,604 | 362,897,806 | ||||||||||||||
| Earnings per common share: | |||||||||||||||||
| Basic | $ | 1.57 | $ | 1.27 | $ | 1.32 | |||||||||||
| Diluted | $ | 1.56 | $ | 1.27 | $ | 1.31 | |||||||||||
| Actual | Well-Capitalized Requirements (1) | Minimum Capital Requirements plus Capital Conservation Buffer | |||||||||||||||||||||||||||||||||
| (dollars in millions) | Amount | Ratio | Amount | Ratio | Amount | Ratio | |||||||||||||||||||||||||||||
| As of December 31, 2025 | |||||||||||||||||||||||||||||||||||
| F.N.B. Corporation: | |||||||||||||||||||||||||||||||||||
| Total capital | $ | 4,971 | 13.08 | % | $ | 3,799 | 10.00 | % | $ | 3,989 | 10.50 | % | |||||||||||||||||||||||
| Tier 1 capital | 4,317 | 11.36 | 2,279 | 6.00 | 3,229 | 8.50 | |||||||||||||||||||||||||||||
| CET1 | 4,317 | 11.36 | n/a | n/a | 2,659 | 7.00 | |||||||||||||||||||||||||||||
| Leverage | 4,317 | 9.11 | n/a | n/a | 1,896 | 4.00 | |||||||||||||||||||||||||||||
| Risk-weighted assets | 37,991 | ||||||||||||||||||||||||||||||||||
| FNBPA: | |||||||||||||||||||||||||||||||||||
| Total capital | $ | 5,188 | 13.75 | % | $ | 3,774 | 10.00 | % | $ | 3,963 | 10.50 | % | |||||||||||||||||||||||
| Tier 1 capital | 4,371 | 11.58 | 3,019 | 8.00 | 3,208 | 8.50 | |||||||||||||||||||||||||||||
| CET1 | 4,291 | 11.37 | 2,453 | 6.50 | 2,642 | 7.00 | |||||||||||||||||||||||||||||
| Leverage | 4,371 | 9.27 | 2,357 | 5.00 | 1,885 | 4.00 | |||||||||||||||||||||||||||||
| Risk-weighted assets | 37,743 | ||||||||||||||||||||||||||||||||||
| As of December 31, 2024 | |||||||||||||||||||||||||||||||||||
| F.N.B. Corporation: | |||||||||||||||||||||||||||||||||||
| Total capital | $ | 4,635 | 12.35 | % | $ | 3,755 | 10.00 | % | $ | 3,942 | 10.50 | % | |||||||||||||||||||||||
| Tier 1 capital | 3,971 | 10.58 | 2,253 | 6.00 | 3,191 | 8.50 | |||||||||||||||||||||||||||||
| CET1 | 3,971 | 10.58 | n/a | n/a | 2,628 | 7.00 | |||||||||||||||||||||||||||||
| Leverage | 3,971 | 8.75 | n/a | n/a | 1,816 | 4.00 | |||||||||||||||||||||||||||||
| Risk-weighted assets | 37,546 | ||||||||||||||||||||||||||||||||||
| FNBPA: | |||||||||||||||||||||||||||||||||||
| Total capital | $ | 4,794 | 12.86 | % | $ | 3,728 | 10.00 | % | $ | 3,914 | 10.50 | % | |||||||||||||||||||||||
| Tier 1 capital | 3,962 | 10.63 | 2,982 | 8.00 | 3,169 | 8.50 | |||||||||||||||||||||||||||||
| CET1 | 3,882 | 10.41 | 2,423 | 6.50 | 2,610 | 7.00 | |||||||||||||||||||||||||||||
| Leverage | 3,962 | 8.78 | 2,257 | 5.00 | 1,806 | 4.00 | |||||||||||||||||||||||||||||
| Risk-weighted assets | 37,280 | ||||||||||||||||||||||||||||||||||
| Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| (in millions) | |||||||||||||||||
| Interest paid on deposits and other borrowings | $ | 942 | $ | 973 | $ | 619 | |||||||||||
| Income taxes (refunded) paid | (23) | 58 | 94 | ||||||||||||||
| Transfers of loans to other real estate owned | 2 | 2 | 2 | ||||||||||||||
| Loans transferred to held for sale from portfolio | 239 | 431 | 355 | ||||||||||||||
| Loans transferred to portfolio from held for sale | 43 | 20 | 38 | ||||||||||||||
| (in millions) | Community Banking | Wealth Manage- ment | Insurance | Parent and Other | Consolidated | ||||||||||||||||||||||||
| At or for the Year Ended December 31, 2025 | |||||||||||||||||||||||||||||
| Interest income | $ | 2,320 | $ | — | $ | — | $ | 6 | $ | 2,326 | |||||||||||||||||||
| Interest expense | 881 | — | — | 49 | 930 | ||||||||||||||||||||||||
| Net interest income (loss) | 1,439 | — | — | (43) | 1,396 | ||||||||||||||||||||||||
| Provision for credit losses | 86 | — | — | — | 86 | ||||||||||||||||||||||||
| Non-interest income: | |||||||||||||||||||||||||||||
| Service charges | 92 | — | — | — | 92 | ||||||||||||||||||||||||
| Interchange and card transaction fees | 52 | — | — | — | 52 | ||||||||||||||||||||||||
| Trust services | — | 48 | — | — | 48 | ||||||||||||||||||||||||
| Insurance commissions and fees | — | — | 20 | — | 20 | ||||||||||||||||||||||||
| Securities commissions and fees | — | 36 | — | — | 36 | ||||||||||||||||||||||||
| Capital markets income | 23 | — | — | 4 | 27 | ||||||||||||||||||||||||
| Mortgage banking operations | 28 | — | — | — | 28 | ||||||||||||||||||||||||
| Other | 75 | — | — | (9) | 66 | ||||||||||||||||||||||||
| Total non-interest income | 270 | 84 | 20 | (5) | 369 | ||||||||||||||||||||||||
| Non-interest expense: | |||||||||||||||||||||||||||||
| Salaries and employee benefits | 470 | 43 | 15 | 2 | 530 | ||||||||||||||||||||||||
| Other | 416 | 12 | 5 | 47 | 480 | ||||||||||||||||||||||||
| Total non-interest expense | 886 | 55 | 20 | 49 | 1,010 | ||||||||||||||||||||||||
| Income tax expense (benefit) | 119 | 6 | — | (21) | 104 | ||||||||||||||||||||||||
| Net income (loss) | $ | 618 | $ | 23 | $ | — | $ | (76) | $ | 565 | |||||||||||||||||||
| Total assets | $ | 49,909 | $ | 48 | $ | 30 | $ | 242 | $ | 50,229 | |||||||||||||||||||
| Total loans and leases | 34,739 | — | — | 38 | 34,777 | ||||||||||||||||||||||||
| Total deposits | 39,098 | — | — | (339) | 38,759 | ||||||||||||||||||||||||
Market value of assets under administration - FNTC and FNIS (1) | — | 14,885 | — | — | 14,885 | ||||||||||||||||||||||||
| (in millions) | Community Banking | Wealth Manage- ment | Insurance | Parent and Other | Consolidated | ||||||||||||||||||||||||
| At or for the Year Ended December 31, 2024 | |||||||||||||||||||||||||||||
| Interest income | $ | 2,246 | $ | — | $ | — | $ | 6 | $ | 2,252 | |||||||||||||||||||
| Interest expense | 941 | — | — | 31 | 972 | ||||||||||||||||||||||||
| Net interest income (loss) | 1,305 | — | — | (25) | 1,280 | ||||||||||||||||||||||||
| Provision for credit losses | 79 | — | — | 1 | 80 | ||||||||||||||||||||||||
| Non-interest income: | |||||||||||||||||||||||||||||
| Service charges | 91 | — | — | — | 91 | ||||||||||||||||||||||||
| Interchange and card transaction fees | 52 | — | — | — | 52 | ||||||||||||||||||||||||
| Trust services | — | 46 | — | — | 46 | ||||||||||||||||||||||||
| Insurance commissions and fees | 1 | — | 23 | (2) | 22 | ||||||||||||||||||||||||
| Securities commissions and fees | — | 31 | — | — | 31 | ||||||||||||||||||||||||
| Capital markets income | 21 | — | — | 3 | 24 | ||||||||||||||||||||||||
| Mortgage banking operations | 27 | — | — | — | 27 | ||||||||||||||||||||||||
| Other | 31 | — | — | (8) | 23 | ||||||||||||||||||||||||
| Total non-interest income | 223 | 77 | 23 | (7) | 316 | ||||||||||||||||||||||||
| Non-interest expense: | |||||||||||||||||||||||||||||
| Salaries and employee benefits | 445 | 45 | 14 | — | 504 | ||||||||||||||||||||||||
| Other | 426 | 9 | 5 | 17 | 457 | ||||||||||||||||||||||||
| Total non-interest expense | 871 | 54 | 19 | 17 | 961 | ||||||||||||||||||||||||
| Income tax expense (benefit) | 97 | 5 | 1 | (13) | 90 | ||||||||||||||||||||||||
| Net income (loss) | $ | 481 | $ | 18 | $ | 3 | $ | (37) | $ | 465 | |||||||||||||||||||
| Total assets | $ | 48,295 | $ | 44 | $ | 31 | $ | 255 | $ | 48,625 | |||||||||||||||||||
| Total loans and leases | 33,895 | — | — | 44 | 33,939 | ||||||||||||||||||||||||
| Total deposits | 37,973 | — | — | (866) | 37,107 | ||||||||||||||||||||||||
Market value of assets under administration - FNTC, FNBIA and FNIS (1) | — | 14,217 | — | — | 14,217 | ||||||||||||||||||||||||
| (in millions) | Community Banking | Wealth Manage- ment | Insurance | Parent and Other | Consolidated | ||||||||||||||||||||||||
| At or for the Year Ended December 31, 2023 | |||||||||||||||||||||||||||||
| Interest income | $ | 1,967 | $ | — | $ | — | $ | 6 | $ | 1,973 | |||||||||||||||||||
| Interest expense | 624 | — | — | 32 | 656 | ||||||||||||||||||||||||
| Net interest income | 1,343 | — | — | (26) | 1,317 | ||||||||||||||||||||||||
| Provision for credit losses | 72 | — | — | — | 72 | ||||||||||||||||||||||||
| Non-interest income: | |||||||||||||||||||||||||||||
| Service charges | 82 | — | — | — | 82 | ||||||||||||||||||||||||
| Interchange and card transaction fees | 52 | — | — | — | 52 | ||||||||||||||||||||||||
| Trust services | — | 43 | — | — | 43 | ||||||||||||||||||||||||
| Insurance commissions and fees | 1 | — | 22 | — | 23 | ||||||||||||||||||||||||
| Securities commissions and fees | — | 28 | — | — | 28 | ||||||||||||||||||||||||
| Capital markets income | 25 | — | — | 2 | 27 | ||||||||||||||||||||||||
| Mortgage banking operations | 21 | — | — | — | 21 | ||||||||||||||||||||||||
| Other | (15) | — | — | (7) | (22) | ||||||||||||||||||||||||
| Total non-interest income | 166 | 71 | 22 | (5) | 254 | ||||||||||||||||||||||||
| Non-interest expense: | |||||||||||||||||||||||||||||
| Salaries and employee benefits | 406 | 41 | 14 | 1 | 462 | ||||||||||||||||||||||||
| Other | 430 | 9 | 4 | 10 | 453 | ||||||||||||||||||||||||
| Total non-interest expense | 836 | 50 | 18 | 11 | 915 | ||||||||||||||||||||||||
| Income tax expense (benefit) | 106 | 5 | 1 | (13) | 99 | ||||||||||||||||||||||||
| Net income (loss) | $ | 495 | $ | 16 | $ | 3 | $ | (29) | $ | 485 | |||||||||||||||||||
| Total assets | $ | 45,924 | $ | 40 | $ | 29 | $ | 165 | $ | 46,158 | |||||||||||||||||||
| Total loans and leases | 32,281 | — | — | 42 | 32,323 | ||||||||||||||||||||||||
| Total deposits | 35,127 | — | — | (416) | 34,711 | ||||||||||||||||||||||||
Market value of assets under administration - FNTC, FNBIA and FNIS (1) | — | 12,853 | — | — | 12,853 | ||||||||||||||||||||||||
| Measurement Category | Definition | |||||||
| Level 1 | Valuation is based upon unadjusted quoted market prices for identical instruments traded in active markets. | |||||||
| Level 2 | Valuation is based upon quoted market prices for similar instruments traded in active markets, quoted market prices for identical or similar instruments traded in markets that are not active and model-based valuation techniques for which all significant assumptions are observable in the market or can be corroborated by market data. | |||||||
| Level 3 | Valuation is derived from other valuation methodologies including discounted cash flow models and similar techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in determining fair value. | |||||||
| (in millions) | Level 1 | Level 2 | Level 3 | Total | |||||||||||||||||||
| December 31, 2025 | |||||||||||||||||||||||
| Assets Measured at Fair Value | |||||||||||||||||||||||
| Debt securities available for sale | |||||||||||||||||||||||
| U.S. Treasury | $ | 356 | $ | — | $ | — | $ | 356 | |||||||||||||||
| U.S. government agencies | — | 35 | — | 35 | |||||||||||||||||||
| U.S. GSE | — | 266 | — | 266 | |||||||||||||||||||
| Residential MBS: | |||||||||||||||||||||||
| Agency MBS | — | 800 | — | 800 | |||||||||||||||||||
| Agency CMO | — | 601 | — | 601 | |||||||||||||||||||
| Agency commercial MBS | — | 1,599 | — | 1,599 | |||||||||||||||||||
| States of the U.S. and political subdivisions (municipals) | — | 19 | — | 19 | |||||||||||||||||||
| Other debt securities | — | 51 | — | 51 | |||||||||||||||||||
| Total debt securities available for sale | 356 | 3,371 | — | 3,727 | |||||||||||||||||||
| Loans held for sale | — | 514 | — | 514 | |||||||||||||||||||
| Loans receivable | — | — | 85 | 85 | |||||||||||||||||||
| Derivative financial instruments | |||||||||||||||||||||||
| Trading | — | 102 | — | 102 | |||||||||||||||||||
| Not for trading | — | 13 | 7 | 20 | |||||||||||||||||||
| Total derivative financial instruments | — | 115 | 7 | 122 | |||||||||||||||||||
| Total assets measured at fair value on a recurring basis | $ | 356 | $ | 4,000 | $ | 92 | $ | 4,448 | |||||||||||||||
| Liabilities Measured at Fair Value | |||||||||||||||||||||||
| Derivative financial instruments | |||||||||||||||||||||||
| Trading | $ | — | $ | 207 | $ | — | $ | 207 | |||||||||||||||
| Not for trading | — | 1 | — | 1 | |||||||||||||||||||
| Total derivative financial instruments | — | 208 | — | 208 | |||||||||||||||||||
| Total liabilities measured at fair value on a recurring basis | $ | — | $ | 208 | $ | — | $ | 208 | |||||||||||||||
| (in millions) | Level 1 | Level 2 | Level 3 | Total | |||||||||||||||||||
| December 31, 2024 | |||||||||||||||||||||||
| Assets Measured at Fair Value | |||||||||||||||||||||||
| Debt securities available for sale | |||||||||||||||||||||||
| U.S. Treasury | $ | 274 | $ | — | $ | — | $ | 274 | |||||||||||||||
| U.S. government agencies | — | 53 | — | 53 | |||||||||||||||||||
| U.S. GSE | — | 300 | — | 300 | |||||||||||||||||||
| Residential MBS: | |||||||||||||||||||||||
| Agency MBS | — | 694 | — | 694 | |||||||||||||||||||
| Agency CMO | — | 698 | — | 698 | |||||||||||||||||||
| Agency commercial MBS | — | 1,388 | — | 1,388 | |||||||||||||||||||
| States of the U.S. and political subdivisions (municipals) | — | 22 | — | 22 | |||||||||||||||||||
| Other debt securities | — | 37 | — | 37 | |||||||||||||||||||
| Total debt securities available for sale | 274 | 3,192 | — | 3,466 | |||||||||||||||||||
| Loans held for sale | — | 214 | — | 214 | |||||||||||||||||||
| Loans receivable | — | — | 53 | 53 | |||||||||||||||||||
| Derivative financial instruments | |||||||||||||||||||||||
| Trading | — | 112 | — | 112 | |||||||||||||||||||
| Not for trading | — | 4 | 1 | 5 | |||||||||||||||||||
| Total derivative financial instruments | — | 116 | 1 | 117 | |||||||||||||||||||
| Total assets measured at fair value on a recurring basis | $ | 274 | $ | 3,522 | $ | 54 | $ | 3,850 | |||||||||||||||
| Liabilities Measured at Fair Value | |||||||||||||||||||||||
| Derivative financial instruments | |||||||||||||||||||||||
| Trading | $ | — | $ | 303 | $ | — | $ | 303 | |||||||||||||||
| Not for trading | — | 6 | 4 | 10 | |||||||||||||||||||
| Total derivative financial instruments | — | 309 | 4 | 313 | |||||||||||||||||||
| Total liabilities measured at fair value on a recurring basis | $ | — | $ | 309 | $ | 4 | $ | 313 | |||||||||||||||
| (in millions) | Loans Receivable | Interest Rate Lock Commitments | Total | ||||||||||||||
| Year Ended December 31, 2025 | |||||||||||||||||
| Balance at beginning of period | $ | 53 | $ | 1 | $ | 54 | |||||||||||
| Purchases, issuances, sales and settlements: | |||||||||||||||||
| Issuances | — | 7 | 7 | ||||||||||||||
| Settlements | — | (1) | (1) | ||||||||||||||
| Transfers into Level 3 | 32 | — | 32 | ||||||||||||||
| Balance at end of period | $ | 85 | $ | 7 | $ | 92 | |||||||||||
| Year Ended December 31, 2024 | |||||||||||||||||
| Balance at beginning of period | $ | — | $ | 5 | $ | 5 | |||||||||||
| Purchases, issuances, sales and settlements: | |||||||||||||||||
| Issuances | — | 1 | 1 | ||||||||||||||
| Settlements | — | (5) | (5) | ||||||||||||||
| Transfers into Level 3 | 53 | — | 53 | ||||||||||||||
| Balance at end of period | $ | 53 | $ | 1 | $ | 54 | |||||||||||
| (in millions) | Level 1 | Level 2 | Level 3 | Total | |||||||||||||||||||
| December 31, 2025 | |||||||||||||||||||||||
| Collateral dependent loans | $ | — | $ | — | $ | 126 | $ | 126 | |||||||||||||||
| Other assets - MSRs | — | — | 2 | 2 | |||||||||||||||||||
| Other assets - SBA servicing asset | — | — | 2 | 2 | |||||||||||||||||||
| Other real estate owned | — | — | 1 | 1 | |||||||||||||||||||
| December 31, 2024 | |||||||||||||||||||||||
| Collateral dependent loans | $ | — | $ | — | $ | 105 | $ | 105 | |||||||||||||||
| Other assets - MSRs | — | — | 1 | 1 | |||||||||||||||||||
| Other assets - SBA servicing asset | — | — | 1 | 1 | |||||||||||||||||||
| Other real estate owned | — | — | 2 | 2 | |||||||||||||||||||
| Fair Value Measurements | |||||||||||||||||||||||||||||
| (in millions) | Carrying Amount | Fair Value | Level 1 | Level 2 | Level 3 | ||||||||||||||||||||||||
| December 31, 2025 | |||||||||||||||||||||||||||||
| Financial Assets | |||||||||||||||||||||||||||||
| Cash and cash equivalents | $ | 2,498 | $ | 2,498 | $ | 2,498 | $ | — | $ | — | |||||||||||||||||||
| Debt securities available for sale | 3,727 | 3,727 | 356 | 3,371 | — | ||||||||||||||||||||||||
| Debt securities held to maturity | 4,117 | 3,941 | — | 3,941 | — | ||||||||||||||||||||||||
| Net loans and leases, including loans held for sale | 34,853 | 34,320 | — | 514 | 33,806 | ||||||||||||||||||||||||
| Loan servicing rights | 75 | 90 | — | — | 90 | ||||||||||||||||||||||||
| Derivative assets | 122 | 122 | — | 115 | 7 | ||||||||||||||||||||||||
| Accrued interest receivable | 163 | 163 | 163 | — | — | ||||||||||||||||||||||||
| Financial Liabilities | |||||||||||||||||||||||||||||
| Deposits | 38,759 | 38,736 | 31,451 | 7,285 | — | ||||||||||||||||||||||||
| Short-term borrowings | 2,017 | 2,018 | 2,018 | — | — | ||||||||||||||||||||||||
| Long-term borrowings | 1,901 | 1,920 | — | 1,103 | 817 | ||||||||||||||||||||||||
| Derivative liabilities | 208 | 208 | — | 208 | — | ||||||||||||||||||||||||
| Accrued interest payable | 50 | 50 | 50 | — | — | ||||||||||||||||||||||||
| December 31, 2024 | |||||||||||||||||||||||||||||
| Financial Assets | |||||||||||||||||||||||||||||
| Cash and cash equivalents | $ | 2,419 | $ | 2,419 | $ | 2,419 | $ | — | $ | — | |||||||||||||||||||
| Debt securities available for sale | 3,466 | 3,466 | 274 | 3,192 | — | ||||||||||||||||||||||||
| Debt securities held to maturity | 3,979 | 3,644 | 1 | 3,643 | — | ||||||||||||||||||||||||
| Net loans and leases, including loans held for sale | 33,734 | 32,648 | — | 214 | 32,434 | ||||||||||||||||||||||||
| Loan servicing rights | 72 | 88 | — | — | 88 | ||||||||||||||||||||||||
| Derivative assets | 117 | 117 | — | 116 | 1 | ||||||||||||||||||||||||
| Accrued interest receivable | 164 | 164 | 164 | — | — | ||||||||||||||||||||||||
| Financial Liabilities | |||||||||||||||||||||||||||||
| Deposits | 37,107 | 37,070 | 29,607 | 7,463 | — | ||||||||||||||||||||||||
| Short-term borrowings | 1,256 | 1,256 | 1,256 | — | — | ||||||||||||||||||||||||
| Long-term borrowings | 3,012 | 3,004 | — | 1,748 | 1,256 | ||||||||||||||||||||||||
| Derivative liabilities | 313 | 313 | — | 309 | 4 | ||||||||||||||||||||||||
| Accrued interest payable | 65 | 65 | 65 | — | — | ||||||||||||||||||||||||
Balance Sheets (in millions) December 31 | 2025 | 2024 | |||||||||
| Assets | |||||||||||
| Cash and cash equivalents | $ | 288 | $ | 803 | |||||||
| Other assets | 158 | 185 | |||||||||
| Investment in bank subsidiary | 6,791 | 6,272 | |||||||||
| Investments in and advances to non-bank subsidiaries | 592 | 581 | |||||||||
| Total Assets | $ | 7,829 | $ | 7,841 | |||||||
| Liabilities | |||||||||||
| Other liabilities | $ | 138 | $ | 142 | |||||||
| Advances from affiliates | 206 | 197 | |||||||||
| Long-term borrowings | 720 | 1,193 | |||||||||
| Subordinated notes: | |||||||||||
| Short-term | 5 | 6 | |||||||||
| Long-term | 1 | 1 | |||||||||
| Total Liabilities | 1,070 | 1,539 | |||||||||
| Shareholders’ Equity | 6,759 | 6,302 | |||||||||
| Total Liabilities and Shareholders’ Equity | $ | 7,829 | $ | 7,841 | |||||||
Statements of Income (in millions) Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| Income | |||||||||||||||||
| Dividend income from subsidiaries: | |||||||||||||||||
| Bank | $ | 227 | $ | 307 | $ | 382 | |||||||||||
| Non-bank | 1 | 2 | 3 | ||||||||||||||
| 228 | 309 | 385 | |||||||||||||||
| Interest income | 22 | 23 | 16 | ||||||||||||||
| Other income | 1 | 1 | 1 | ||||||||||||||
| Total Income | 251 | 333 | 402 | ||||||||||||||
| Expenses | |||||||||||||||||
| Interest expense | 70 | 53 | 47 | ||||||||||||||
| Other expenses | 57 | 29 | 21 | ||||||||||||||
| Total Expenses | 127 | 82 | 68 | ||||||||||||||
| Income Before Taxes and Equity in Undistributed Income of Subsidiaries | 124 | 251 | 334 | ||||||||||||||
| Income tax benefit | 23 | 14 | 15 | ||||||||||||||
| 147 | 265 | 349 | |||||||||||||||
| Equity in undistributed income of subsidiaries: | |||||||||||||||||
| Bank | 414 | 194 | 130 | ||||||||||||||
| Non-bank | 4 | 6 | 6 | ||||||||||||||
| Net Income | $ | 565 | $ | 465 | $ | 485 | |||||||||||
Statements of Cash Flows (in millions) Year Ended December 31 | 2025 | 2024 | 2023 | ||||||||||||||
| Operating Activities | |||||||||||||||||
| Net income | $ | 565 | $ | 465 | $ | 485 | |||||||||||
| Adjustments to reconcile net income to net cash flows from operating activities: | |||||||||||||||||
| Undistributed earnings from subsidiaries | (418) | (200) | (136) | ||||||||||||||
| Other, net | 28 | (6) | (4) | ||||||||||||||
| Net cash flows provided by (used in) operating activities | 175 | 259 | 345 | ||||||||||||||
| Investing Activities | |||||||||||||||||
| Net increase in advances to subsidiaries | — | — | (75) | ||||||||||||||
| Payment for further investment in subsidiaries | (6) | (3) | (9) | ||||||||||||||
| Increase in premises and equipment | (5) | (47) | (8) | ||||||||||||||
| Net cash flows provided by (used in) investing activities | (11) | (50) | (92) | ||||||||||||||
| Financing Activities | |||||||||||||||||
| Net decrease in advance from affiliate | 9 | — | — | ||||||||||||||
| Net decrease in short-term borrowings | (1) | — | — | ||||||||||||||
| Decrease in long-term debt | (475) | — | (331) | ||||||||||||||
| Increase in long-term debt | 2 | 499 | 2 | ||||||||||||||
| Redemption of preferred stock | — | (111) | — | ||||||||||||||
| Other, net | (40) | 8 | (29) | ||||||||||||||
| Cash dividends paid: | |||||||||||||||||
| Preferred stock | — | (2) | (8) | ||||||||||||||
| Common stock | (174) | (175) | (174) | ||||||||||||||
| Net cash flows provided by (used in) financing activities | (679) | 219 | (540) | ||||||||||||||
| Net Increase (Decrease) in Cash and Cash Equivalents | (515) | 428 | (287) | ||||||||||||||
| Cash and cash equivalents at beginning of year | 803 | 375 | 662 | ||||||||||||||
| Cash and Cash Equivalents at End of Year | $ | 288 | $ | 803 | $ | 375 | |||||||||||
| Cash paid during the year for: | |||||||||||||||||
| Interest | $ | 72 | $ | 54 | $ | 48 | |||||||||||
| Plan Category | Number of Securities to be Issued Upon Exercise of Outstanding Stock Options, Warrants and Rights | Weighted Average Exercise Price of Outstanding Stock Options, Warrants and Rights | Number of Securities Remaining for Future Issuance Under Equity Compensation Plans (excluding securities reflected in column (a)) | ||||||||||||||||||||
| (a) | (b) | (c) | |||||||||||||||||||||
| Equity compensation plans approved by security holders | 3,484,248 | (1) | n/a | 7,545,673 | (2) | ||||||||||||||||||
| Exhibit Number | Description | |||||||
| 2.1. | ||||||||
| 3.1. | ||||||||
| 3.2. | ||||||||
| 4.1. | ||||||||
| 4.2. | There are no instruments with respect to long-term debt of FNB and its subsidiaries that involve securities authorized under the instrument in an amount exceeding 10 percent of the total assets of FNB and its subsidiaries on a consolidated basis. FNB agrees to provide the SEC with a copy of instruments defining the rights of holders of long-term debt of FNB and its subsidiaries upon request. | |||||||
| 10.1. (P) | Basic Retirement Plan (formerly the Supplemental Executive Retirement Plan) of F.N.B. Corporation effective January 1, 1992 (Incorporated by reference to Exhibit 10.9. of FNB’s Annual Report on Form 10-K for the fiscal year ended December 31, 1993 (File No. 000-08144)). * | |||||||
| 10.2. | ||||||||
| 10.3. | ||||||||
| 10.4. | ||||||||
| 10.5. | ||||||||
| 10.6. | ||||||||
| 10.7A. | ||||||||
| 10.7B. | ||||||||
| 10.8A. | ||||||||
| 10.8B. | ||||||||
| 10.9. | ||||||||
| 10.10. | ||||||||
| 10.11. | ||||||||
| 10.12. | ||||||||
| Exhibit Number | Description | |||||||
| 10.13. | ||||||||
| 19.1. | ||||||||
| 21.1. | ||||||||
| 23.1. | ||||||||
| 31.1. | ||||||||
| 31.2. | ||||||||
| 32.1. | ||||||||
| 32.2. | ||||||||
| 97.1. | ||||||||
| 101.INS | Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. | |||||||
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document. | |||||||
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document. | |||||||
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document. | |||||||
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document. | |||||||
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document. | |||||||
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document). | |||||||
| * | Management contracts and compensatory plans or arrangements. | |||||||
| (P) | Paper filing. | |||||||
| F.N.B. CORPORATION | ||||||||
| By | /s/ Vincent J. Delie, Jr. | |||||||
| Vincent J. Delie, Jr. | ||||||||
| Chairman, President and Chief Executive Officer | ||||||||
| Date | February 24, 2026 | |||||||
| /s/ Vincent J. Delie, Jr. | Chairman, President and Chief Executive Officer | February 24, 2026 | |||||||||
| Vincent J. Delie, Jr. | (Principal Executive Officer) | ||||||||||
| /s/ Vincent J. Calabrese, Jr. | Chief Financial Officer | February 24, 2026 | |||||||||
| Vincent J. Calabrese, Jr. | (Principal Financial Officer) | ||||||||||
| /s/ James L. Dutey | Corporate Controller | February 24, 2026 | |||||||||
| James L. Dutey | (Principal Accounting Officer) | ||||||||||
| /s/ Pamela A. Bena | Director | February 24, 2026 | |||||||||
| Pamela A. Bena | |||||||||||
| /s/ William B. Campbell | Director | February 24, 2026 | |||||||||
| William B. Campbell | |||||||||||
| /s/ James D. Chiafullo | Director | February 24, 2026 | |||||||||
| James D. Chiafullo | |||||||||||
| /s/ Mary Jo Dively | Director | February 24, 2026 | |||||||||
| Mary Jo Dively | |||||||||||
| /s/ David J. Malone | Director | February 24, 2026 | |||||||||
| David J. Malone | |||||||||||
| /s/ Frank C. Mencini | Director | February 24, 2026 | |||||||||
| Frank C. Mencini | |||||||||||
| /s/ David L. Motley | Director | February 24, 2026 | |||||||||
| David L. Motley | |||||||||||
| /s/ Heidi A. Nicholas | Director | February 24, 2026 | |||||||||
| Heidi A. Nicholas | |||||||||||
| /s/ John S. Stanik | Director | February 24, 2026 | |||||||||
| John S. Stanik | |||||||||||
| /s/ William J. Strimbu | Director | February 24, 2026 | |||||||||
| William J. Strimbu | |||||||||||
| NAME | INCORPORATED | |||||||||||||
| 1) | First National Bank of Pennsylvania | United States | ||||||||||||
| 2) | First National Insurance Agency, LLC | Delaware | ||||||||||||
| Date: | February 24, 2026 | /s/ Vincent J. Delie, Jr. | ||||||
| Vincent J. Delie, Jr. | ||||||||
| Chairman, President and Chief Executive Officer | ||||||||
| Date: | February 24, 2026 | /s/ Vincent J. Calabrese, Jr. | ||||||
| Vincent J. Calabrese, Jr. | ||||||||
| Chief Financial Officer | ||||||||
| Date: | February 24, 2026 | /s/ Vincent J. Delie, Jr. | ||||||
| Vincent J. Delie, Jr. | ||||||||
| Chairman, President and Chief Executive Officer | ||||||||
| Date: | February 24, 2026 | /s/ Vincent J. Calabrese, Jr. | ||||||
| Vincent J. Calabrese, Jr. | ||||||||
| Chief Financial Officer | ||||||||