For the year ending 2025-12-31, FNB had $79M increase in cash & cash equivalents over the period. $376M in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 565 | 465 | 485 | 439 |
| Depreciation, amortization and accretion | 77 | 67 | 78 | 73 |
| Provision for credit losses | 86 | 80 | 72 | 64 |
| Deferred tax expense (benefit) | 46 | 45 | -6 | 11 |
| Net securities (gains) losses | 0 | -34 | -67 | - |
| Loans originated for sale | 1,644 | 1,455 | 1,114 | 1,042 |
| Loans sold | 1,561 | 1,391 | 1,071 | 1,239 |
| Net (gains) losses on sale of loans | 18 | 18 | 5 | 38 |
| Interest receivable | -1 | 4 | 34 | 42 |
| Interest payable | -14 | -5 | 38 | 21 |
| Bank owned life insurance, excluding purchases | 7 | 0 | 7 | 6 |
| Other, net | 171 | -42 | 222 | -499 |
| Net cash flows provided by (used in) operating activities | 482 | 642 | 423 | 1,218 |
| Net change in loans and leases, excluding sales and transfers | 1,104 | 2,113 | 2,442 | 2,831 |
| Purchases | 931 | 1,280 | 1,008 | 880 |
| Sales | 0 | 231 | 581 | 459 |
| Maturities/payments | 774 | 860 | 517 | 735 |
| Purchases | 541 | 419 | 190 | 1,200 |
| Maturities/payments | 413 | 358 | 369 | 569 |
| Increase in premises and equipment | 106 | 139 | 88 | 95 |
| Net cash received (paid) in business acquisitions | - | 0 | 0 | 188 |
| Net proceeds from sales of portfolio loans | 10 | 799 | - | - |
| Loans sold, not originated for sale | - | - | - | 0 |
| Other | 2 | - | - | - |
| Net cash flows provided by (used in) investing activities | -1,487 | -1,703 | -2,261 | -3,055 |
| Demand (non-interest-bearing and interest-bearing) and savings accounts | 1,844 | 1,112 | -2,662 | -108 |
| Time deposits | -194 | 1,282 | 2,600 | 366 |
| Short-term borrowings | 761 | -1,249 | 1,134 | -179 |
| Proceeds from issuance of long-term borrowings | 638 | 1,379 | 1,230 | 381 |
| Repayment of long-term borrowings | 1,751 | 341 | 352 | 231 |
| Redemption of preferred stock | 0 | 111 | - | - |
| Repurchases of common stock | 50 | 3 | 36 | 43 |
| Preferred stock | 0 | 2 | 8 | 8 |
| Common stock | 174 | 175 | 174 | 171 |
| Other, net | 10 | 12 | 8 | 11 |
| Net cash flows provided by (used in) financing activities | 1,084 | 1,904 | 1,740 | 18 |
| Net increase (decrease) in cash and cash equivalents | 79 | 843 | -98 | -1,819 |
| Cash and cash equivalents at beginning of year | 2,419 | 1,576 | 1,674 | 3,493 |
| Cash and cash equivalents at end of year | 2,498 | 2,419 | 1,576 | 1,674 |
FNB CORP PA (FNB)
FNB CORP PA (FNB)