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REGISTER NOW Fee-income growth and a reserve release buoyed the $38.4 billion-asset FNB Corp. amid relatively flat lending and revenue in the second quarter. The Pittsburgh company reported second-quarter net income available to common shareholders of $99.4 million, up nearly 22% from a year earlier. Its earnings per share of 31 cents exceeded by 3 cents the average estimate of analysts compiled by FactSet Research Systems. Total revenue rose less than 1% to $307.6 million. Total loans fell 0.8% to $25.4 billion despite a 2.5% increase in commercial loans; the year-over-year lending comparison was affected by the sell-off of $500 million in indirect auto loans in the fall. FNB released $1.1 million in reserves compared with a provision for credit losses of $30.2 million a year earlier. The company made the move thanks to “broadly improving economic activity and positive credit quality results through June,” Chief Credit Officer Gary Guerrieri told analysts on a ....
Howard Bancorp: Q2 Earnings Snapshot sfgate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfgate.com Daily Mail and Mail on Sunday newspapers.
Howard Bancorp, Inc. (NASDAQ:HBMD) - Recap: Howard Bancorp Q2 Earnings benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
FNB Corporation (FNB) Q2 2021 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates UFS, HBMD, ICBK, ADXS; Shareholders are Encouraged to Contact the Firm NEW YORK, July 18, 2021 (GLOBE NEWSWIRE) Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Domtar Corporation (NYSE: UFS) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Paper Excellence for $55.50 per share in cash. If you are a Domtar shareholder, click here to learn more about your rights and options . Howard Bancorp, Inc. (NASDAQ: HBMD) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale F.N.B. Corporation. Under the terms of the merger agreement, Howard Bancorp shareholders will be entitled to receive 1.8 shares of FNB common stock for each share of Howard Bancorp common stock they own. ....