Dernières nouvelles pour F N B (NYSE:FNB) Stock

F N B

F N B Corp provides a full range of financial services, principally to consumers, corporations, governments and small- to medium-sized businesses. It has three reportable business segments: Community Banking, Wealth Management and Insurance. The majority of revenue is from the Community banking segment. It offers commercial & consumer banking services. Commercial banking solutions include corporate banking, small business banking, investment real estate financing, business credit, capital markets & lease financing. Consumer banking products & services include deposit products, mortgage lending, & consumer lending & a complete suite of mobile & online banking services.

F N B Corp

FINECOBANK SPA UNSP/ADR by Finecobank Banca Fineco SPA

FinecoBank SpA

FINBAR GROUP LTD by Finbar Group Ltd.

FINEMARK HOLDINGS INC by FineMark Holdings, Inc.

FineMark Holdings Inc

Raymond James analyst Daniel Tamayo maintains F N B (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) with a Outperform and raises the price target from $17 to $19.

News

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Analyst Ratings

Raymond James Maintains Outperform on F N B, Raises Price Target to $19

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ALLY

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BANC

CADE

COLB

FITB

FULT

HBAN

NTRS

SCHW

TROW

ZION

Shares of banking and private equity stocks are trading higher after Donald Trump won the US presidential election.

Stephens &amp; Co. analyst Russell Gunther maintains F N B (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) with a Overweight and raises the price target from $16 to $18.

Stephens & Co. Maintains Overweight on F N B, Raises Price Target to $18

F N B (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) reported quarterly earnings of $0.34 per share which missed the analyst consensus estimate of $0.35 by 2.86 percent. The company reported quarterly sales of $413.00 million which beat the analyst consensus estimate of $410.78 million by 0.54 percent. This is a 1.19 percent increase over sales of $408.13 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

F N B Q3 2024 Adj EPS $0.34 Misses $0.35 Estimate, Sales $413.00M Beat $410.78M Estimate

FNB Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) will release earnings results for its third quarter after the <a href="https://www.benzinga.com/quote/FNB/earnings">closing bell on Thursday, Oct. 17</a>,
Analysts expect the Pittsburgh, Pennsylvania-based company to report quarterly earnings at 35 cents per share. That&#8217;s down from 40 cents per share in the year-ago period. FNB projects to report revenue of $410.78 million for the recent quarter, compared to $403.35 million a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
With the recent buzz around FNB, some investors may be eyeing potential gains from the company's dividends. The firm currently offers an annual dividend yield of 3.33%, which is a quarterly dividend amount of 12 cents per share (48 cents a year).
To figure out how to earn $500 monthly from FNB, we start with the yearly target of $6,000 ($500 x 12 months).
Next, we take this amount and divide it by FNB&#8217;s dividend of 48 cents: $6,000 / $0.48 = 12,500 shares
So, an investor would need to own approximately $184,750 worth of FNB, or 12,500 shares to generate a monthly dividend income of $500.
Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $0.48 = 2,500 shares, or $36,950 to generate a monthly dividend income of $100.
Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.
The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change.
For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60).
Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40).
Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease.
Price Action: Shares of FNB gained by 2.5% to close at $14.78 on Wednesday.
On Aug. 7, FNB said its Chief Audit Executive Christine Tvaroch is retiring after nearly 30 years of service to the company.
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Long Ideas

Dividends

Markets

Trading Ideas

How To Earn $500 A Month From FNB Corp. Stock Ahead Of Q3 Earnings Results

F N B (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) will release its quarterly earnings report on Thursday, 2024-10-17. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate F N B to report an earnings per share (EPS) of $0.35.
Investors in F N B are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Past Earnings Performance</h3>
In the previous earnings release, the company missed EPS by $0.01, leading to a 5.84% drop in the share price the following trading session.
Here's a look at F N B's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.35</td>
<td>0.34</td>
<td>0.35</td>
<td>0.36</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.34</td>
<td>0.34</td>
<td>0.38</td>
<td>0.40</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-6.0%</td>
<td>-0.0%</td>
<td>2.0%</td>
<td>0.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1729090963_0.png" alt="eps graph" />
<a href="https://www.benzinga.com/quote/FNB/earnings">To track all earnings releases for F N B visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Preview Of F N B's Earnings

F N B's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) short percent of float has fallen 13.94% since its last report. The company recently reported that it has 6.73 million shares sold short, which is 2.47% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.82 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>F N B Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724246112_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for F N B has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing F N B's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, F N B's peer group average for short interest as a percentage of float is 3.47%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

(FNB) - Analyzing F N B's Short Interest

ACRE

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COHN

CRBG

FUTU

HIPO

HOOD

HSBC

HTGC

IBKR

JFIN

Janus Henderson Group plc Ordinary Shares

KSPI

LPLA

MOGO

MORN

NCPL

NDAQ

NRDS

PRAA

RILY

SHF Holdings, Inc. - Class A Common Stock

SHFS

SNEX

SPGI

STEP

TBBK

VCTR

VOYA

Shares of companies within the broader financial sector are trading lower amid overall weakness following concerns about recently issued US economic data.

F N B's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) short percent of float has fallen 3.81% since its last report. The company recently reported that it has 8.95 million shares sold short, which is 3.28% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.96 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>F N B Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721757611_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for F N B has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing F N B's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, F N B's peer group average for short interest as a percentage of float is 3.84%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Comerica Incorporated (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cma#NYSE">CMA</a>) reported second-quarter 2024 adjusted earnings per share of $1.53, beating the Zacks Consensus Estimate of $1.19. However, the bottom line plunged 25.4% from the prior-year quarter.
Results benefited from increased loan demand and a strong capital position. Nil provisions recorded in the quarter were another supporting factor. However, a decline in net interest and fee income, along with increased expenses, was a major headwind. Probably due to these negative aspects, shares of the company lost more than 12% following the earnings release.
Net income attributable to common shareholders was $200 million, down 24.8% from the year-ago quarter.
<h3>Revenues Decline, Expenses Rise</h3>
Total quarterly revenues were $824 million, down 10.8% year over year. However, the top line surpassed the consensus estimate of $812.8 million.
Quarterly net interest income (NII) fell 14.2% on a year-over-year basis to $533 million. The net interest margin contracted 9 basis points year over year to 2.86%.
Total non-interest income was $291 million, down 4% on a year-over-year basis. The decrease was primarily due to a decline in card fees, fiduciary income, and other non-interest income.
Non-interest expenses totaled $555 million, up 3.7% year over year. An increase in salaries and benefits expenses, as well as FDIC insurance expenses, majorly led to the rise.
The efficiency ratio was 67.77% compared with the prior-year quarter&#39;s 57.50%. A rise in this ratio indicates lower profitability.
As of Jun 30, 2024, Total loans increased 2% on a sequential basis to $51.9 billion. However, total deposits decreased 1.8% from the previous quarter to $62.5 billion.
<h3>Credit Quality: Mixed Bag</h3>
The company did not record any provision for credit loss in the reported quarter compared with the year-ago quarter&#39;s provision for credit loss of $33 million.
The allowance for credit losses was $717 million, down 1.5% from the year-ago quarter.
Total non-performing assets increased 21.5% year over to $226 million.
Further, the allowance for credit losses to total loans ratio was 1.38% as of Jun 30, 2024, up from 1.31% as of Jun 30, 2023. Also, the company recorded net charge-offs of $11 million for the quarter under review.
<h3>Capital Position Improves</h3>
Total capital ratio was 14.02%, up from 12.79% reported in the year-ago quarter. The Common Equity Tier 1 capital ratio was 11.55%, up from 10.31% in the prior-year quarter.
Further, as of Jun 30, 2024, CMA&#39;s tangible common equity ratio was 6.49%, up from 5.06% in the prior-year quarter.
<h3>Our Viewpoint</h3>
The company&#39;s solid capital position will aid capital distribution activities in the upcoming period, boosting investors&#39; confidence in the stock. Also, an increase in loan balance and nil provisions is likely to support its financials. However, steadily mounting operating expenses and lower revenues remain a major concern.
<div class="chart_embed">
<h3>Comerica Incorporated Price, Consensus and EPS Surprise</h3>
<img alt="Comerica Incorporated Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/cc/1721401194.png" style="height:265px; width:576px" title="" />
Comerica Incorporated price-consensus-eps-surprise-chart | Comerica Incorporated Quote
</div>
Currently, Comerica carries a Zacks Rank #5 (Strong Sell).
<h3>Performance of Other Finance Stocks</h3>
First Horizon Corporation&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fhn#NYSE">FHN</a>) adjusted earnings per share (excluding notable items) of 36 cents missed the Zacks Consensus Estimate by a penny. Moreover, the figure declined 7.7% year over year.
FHN&#39;s results were adversely impacted by a fall in NII and non-interest income. Also, lower deposits and higher provisions were other negatives. Nonetheless, lower expenses and an increase in loan balances offered some relief.
F.N.B. Corporation&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fnb#NYSE">FNB</a>) adjusted earnings per share of 34 cents lagged the Zacks Consensus Estimate by a penny. Moreover, the bottom line declined 12.8% from the prior-year quarter.
FNB&#39;s results were primarily affected by higher provisions, higher expenses and lower NII. Nonetheless, a higher non-interest income and a rise in average loans and deposit balances offered some support.
<a href="https://www.zacks.com/stock/news/2305540/comerica-cma-q2-earnings-beat-on-high-loan-demand-stock-falls?cid=CS-BENZ-FT-analyst_blog|earnings_article-2305540">To read this article on Zacks.com click here.</a>

Comerica Q2 Earnings Beat on High Loan Demand, Stock Falls

Piper Sandler analyst Frank Schiraldi maintains F N B (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) with a Overweight and raises the price target from $15 to $17.

Piper Sandler Maintains Overweight on F N B, Raises Price Target to $17

Stephens &amp; Co. analyst Russell Gunther reiterates F N B (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) with a Overweight and maintains $16 price target.

Reiteration

Stephens & Co. Reiterates Overweight on F N B, Maintains $16 Price Target

F N B (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) reported quarterly earnings of $0.34 per share which missed the analyst consensus estimate of $0.35 by 2.86 percent. This is a 12.82 percent decrease over earnings of $0.39 per share from the same period last year. The company reported quarterly sales of $406.73 million which missed the analyst consensus estimate of $408.11 million by 0.34 percent. This is a 0.69 percent decrease over sales of $409.55 million the same period last year.

F N B Q2 Adj $0.34 Misses $0.35 Estimate, Sales $406.73M Miss $408.11M Estimate

Keefe, Bruyette &amp; Woods analyst Kelly Motta maintains F N B (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) with a Market Perform and maintains $16 price target.

Keefe, Bruyette & Woods Maintains Market Perform on F N B, Maintains $16 Price Target

F N B's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) short percent of float has risen 10.55% since its last report. The company recently reported that it has 7.16 million shares sold short, which is 2.62% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.69 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>F N B Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1718901920_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for F N B has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing F N B's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, F N B's peer group average for short interest as a percentage of float is 3.53%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Justin Kurth Leads Streamlined Operations Organization Focused on Risk Management, Efficiency and Innovation
PITTSBURGH, June 17, 2024 /PRNewswire/ --&nbsp;F.N.B. Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>), the parent Company of First National Bank, today announced it has enhanced its Bank Operations with a single, streamlined reporting structure. The updates are designed to enable FNB to more effectively apply automation, drive efficiency and innovation, further strengthen FNB's focus on risk management and create a superior customer experience.

FNB Announced It Has Enhanced Its Bank Operations With A Single, Streamlined Reporting Structure

Commercial real estate (&quot;CRE&quot;) continues to be an area of concern amid the high-interest-rate environment. Because of their significant exposure to CRE loans, the long-term ratings of at least six regional banks in the United States have been placed under review for downgrade by Moody&#39;s Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mco#NYSE">MCO</a>). 
The banks are Old National Bancorp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/onb#NASDAQ">ONB</a>), Fulton Financial Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fult#NASDAQ">FULT</a>), F.N.B. Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fnb#NYSE">FNB</a>), WaFd, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wafd#NASDAQ">WAFD</a>), First Merchants Corp.&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/frme#NASDAQ">FRME</a>) and Peapack-Gladstone Financial Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pgc#NASDAQ">PGC</a>). 
Notably, at the time when interest rates were low in the United States, various regional banks increased their concentrations in CRE, which, by nature, is a volatile asset class. 
Now, amid the higher interest rate environment (the Federal Reserve increased interest rates last year at the fastest pace in decades to contain the stubborn inflation, which slowed down credit demand), banks with a substantial concentration in CRE loans face ongoing credit quality and profitability issues. This is because higher rates have increased the longstanding risks of CRE for banks&#39; creditworthiness, particularly during cycle downturns. 
Moreover, unlike the largest regional banks, the above-mentioned banks are not subject to heightened prudential regulatory standards. Thus, these banks&#39; credit weaknesses are enlarged by lower regulatory requirements in relation to the larger banks. 
Accordingly, since CRE loans have a lower value now amid higher rates, these banks face heightened risks. 
According to Moody&#39;s, bank funding is under pressure now because depositors continue to switch to accounts with higher interest rates, which has been leading to a compression in banks&#39; net interest margins. 
Moody&#39;s said that its review for downgrade will focus on the extent to which the above-mentioned regional banks can maintain sufficient qualitative and quantitative risk mitigants to offset the dangers associated with their CRE loan exposures, especially with respect to their policy toward the amount of capital and liquidity that they retain. 
Particularly for FULT, Moody&#39;s will also consider the impact that the recent acquisition of Republic Bank will have on the bank&#39;s creditworthiness. 
Likewise, for WAFD, Moody&#39;s will consider the impact that the bank&#39;s loan sale (WAFD recently entered an agreement to sell a large pool of multi-family loans that it acquired as part of its acquisition of Luther Burbank) will have on its capital, liquidity and profitability profiles. 
Currently, WAFD, ONB, and FULT carry a Zacks Rank #3 (Hold). FNB carries a Zacks Rank #4 (Sell). 
<a href="https://www.zacks.com/stock/news/2285392/6-regional-banks-ratings-on-review-for-downgrade-by-moody-s?cid=CS-BENZ-FT-analyst_blog|industry_focus-2285392">To read this article on Zacks.com click here.</a>

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WAFD

6 Regional Banks' Ratings on Review for Downgrade by Moody's

F N B's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) short percent of float has fallen 23.79% since its last report. The company recently reported that it has 6.48 million shares sold short, which is 2.37% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.36 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>F N B Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1717434020_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for F N B has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing F N B's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, F N B's peer group average for short interest as a percentage of float is 3.62%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Peering Into F N B's Recent Short Interest

F N B's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNB#NYSE">FNB</a>) short percent of float has risen 9.04% since its last report. The company recently reported that it has 10.53 million shares sold short, which is 3.86% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.2 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>F N B Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714050924_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for F N B has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing F N B's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, F N B's peer group average for short interest as a percentage of float is 3.77%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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