v3.25.2
BUSINESS SEGMENTS
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
BUSINESS SEGMENTS BUSINESS SEGMENTS
We operate in three reportable segments: Community Banking, Wealth Management and Insurance.
•The Community Banking segment provides commercial and consumer banking services. Commercial banking solutions include corporate banking, small business banking, investment real estate financing, business credit, capital markets and lease financing. Consumer banking products and services include deposit products, mortgage lending, consumer lending and a complete suite of mobile and online banking services.
•The Wealth Management segment provides a broad range of personal and corporate fiduciary services including the administration of decedent and trust estates. In addition, it offers various alternative products, including securities brokerage (under a third-party arrangement) and investment advisory services, mutual funds and annuities.
•The Insurance segment includes a full-service insurance brokerage service offering all lines of commercial and personal insurance through major carriers. The Insurance segment also includes a reinsurer.
The interim segmentation and measurement basis for segment profit and loss as of June 30, 2025 is consistent to December 31, 2024.
The following table provides financial information for these segments of FNB. The information provided under the caption “Parent and Other” represents operations not considered to be reportable segments and/or general operating expenses of FNB, and includes the parent company, other non-bank subsidiaries and eliminations and adjustments to reconcile to the Consolidated Financial Statements.
TABLE 17.1
(in millions)Community
Banking		Wealth
Management		InsuranceParent and
Other		Consolidated
At or for the Three Months Ended June 30, 2025
Interest income$581 $— $— $2 $583 
Interest expense221 — — 14 235 
Net interest income (loss)360 — — (12)348 
Provision for credit losses26 — — — 26 
Non-interest income:
Service charges23 — — — 23 
Interchange and card transaction fees14 — — — 14 
Trust services— 11 — — 11 
Insurance commissions and fees— — 5 — 5 
Securities commissions and fees— 9 — — 9 
Capital markets income6 — — 1 7 
Mortgage banking operations6 — — — 6 
Other17 — — (1)16 
Total non-interest income66 20 5 — 91 
Non-interest expense:
Salaries and employee benefits114 11 4 1 130 
Other103 3 1 10 117 
Total non-interest expense217 14 5 11 247 
Income tax expense (benefit)40 1 — (5)36 
Net income (loss)$143 $5 $— $(18)$130 
Total assets$49,380 $45 $35 $265 $49,725 
Total loans and leases34,634 — — 45 34,679 
Total deposits38,552 — — (804)37,748 
Market value of assets under administration - FNBIA, FNTC and FNIS (1)
— 14,425 — — 14,425 
(in millions)Community
Banking		Wealth
Management		InsuranceParent and
Other		Consolidated
At or for the Three Months Ended June 30, 2024
Interest income$555 $— $— $2 $557 
Interest expense233 — — 8 241 
Net interest income (loss)322 — — (6)316 
Provision for credit losses20 — — — 20 
Non-interest income:
Service charges23 — — — 23 
Interchange and card transaction fees13 — — — 13 
Trust services— 12 — — 12 
Insurance commissions and fees— — 6 — 6 
Securities commissions and fees— 8 — — 8 
Capital markets income5 — — — 5 
Mortgage banking operations7 — — — 7 
Other16 — — (2)14 
Total non-interest income64 20 6 (2)88 
Non-interest expense:
Salaries and employee benefits105 11 4 1 121 
Other99 3 2 2 106 
Non-interest expense204 14 6 3 227 
Income tax expense (benefit)36 1 — (3)34 
Net income (loss)$126 $5 $— $(8)$123 
Total assets$47,421 $42 $36 $216 $47,715 
Total loans and leases33,716 — — 41 33,757 
Total deposits35,338 — — (344)34,994 
Market value of assets under administration - FNBIA, FNTC and FNIS (1)
— 13,520 — — 13,520 
(in millions)Community
Banking		Wealth
Management		InsuranceParent and
Other		Consolidated
At or for the Six Months Ended June 30, 2025
Interest income$1,139 $— $— $3 $1,142 
Interest expense442 — — 29 471 
Net interest income (loss)697 — — (26)671 
Provision for credit losses43 — — — 43 
Non-interest income:
Service charges45 — — — 45 
Interchange and card transaction fees26 — — — 26 
Trust services— 24 — — 24 
Insurance commissions and fees— — 11 — 11 
Securities commissions and fees— 18 — — 18 
Capital markets income10 — — 2 12 
Mortgage banking operations13 — — — 13 
Other35 — — (5)30 
Total non-interest income129 42 11 (3)179 
Non-interest expense:
Salaries and employee benefits235 21 8 1 265 
Other204 7 2 15 228 
Total non-interest expense439 28 10 16 493 
Income tax expense (benefit)74 3 — (10)67 
Net income (loss)$270 $11 $1 $(35)$247 
Total assets$49,380 $45 $35 $265 $49,725 
Total loans and leases34,634 — — 45 34,679 
Total deposits38,552 — — (804)37,748 
Market value of assets under administration - FNBIA, FNTC and FNIS (1)
— 14,425 — — 14,425 
(in millions)Community
Banking		Wealth
Management		InsuranceParent and
Other		Consolidated
At or for the Six Months Ended June 30, 2024
Interest income$1,097 $— $— $3 $1,100 
Interest expense451 — — 14 465 
Net interest income (loss)646 — — (11)635 
Provision for credit losses34 — — — 34 
Non-interest income:
Service charges44 — — — 44 
Interchange and card transaction fees26 — — — 26 
Trust services— 23 — — 23 
Insurance commissions and fees— — 13 — 13 
Securities commissions and fees— 16 — — 16 
Capital markets income10 — — 1 11 
Mortgage banking operations15 — — — 15 
Other32 — — (4)28 
Total non-interest income127 39 13 (3)176 
Non-interest expense:
Salaries and employee benefits220 22 7 1 250 
Other199 5 3 7 214 
Total non-interest expense419 27 10 8 464 
Income tax expense (benefit)70 3 1 (6)68 
Net income (loss)$250 $9 $2 $(16)$245 
Total assets$47,421 $42 $36 $216 $47,715 
Total loans and leases33,716 — — 41 33,757 
Total deposits35,338 — — (344)34,994 
Market value of assets under administration - FNBIA, FNTC and FNIS (1)
— 13,520 — — 13,520 
(1) The assets under administration are not held on our Consolidated Balance Sheets.