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 Strong Buy (3.62 out of 4)
66th percentile
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Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Sunday, February 16, 10:10 PM
Slide #490. F.N.B. Corporation — Preferred Stock Offering
Company: |
F.N.B. Corporation (NYSE:FNB) |
Date announced: |
10/29/2013 |
Shares Offered: |
4,000,000 |
Date of Pricing: |
10/29/2013 |
Price Per Share: |
$25 |
Preferred Stock Offering Details: |
F.N.B. Corporation (NYSE: FNB) (the "Company" or "F.N.B.") today announced the pricing of a public offering of 4.0 million depositary shares, each representing a 1/40th interest in a share of its 7.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E at a public offering price of $25.00 per depositary share. The offering is expected to close on November 1, 2013, subject to customary closing conditions. The Company has also granted the underwriters a 30-day option to purchase an additional 600,000 of depositary shares on the same terms and conditions. |
F.N.B. Corporation is a bank holding company and financial holding company. Co. operates through three segments: Community Banking, Wealth Management, and Insurance. The Community Banking segment consists of First National Bank of Pennsylvania (FNBPA), which offers 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. Preferred: FNB.PRE
Open the FNB Page at Preferred Stock Channel »

Name: |
FNB Corp |
Website: |
www.fnb-online.com |
Sector: |
Banking & Savings |
Number of ETFs Holding FNB: |
120 (see which ones) |
Total Market Value Held by ETFs: |
$1,449,623,039 |
Total Market Capitalization: |
$5,502,000,000 |
% of Market Cap. Held by ETFs: |
26.35% |
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Open the FNB Page at Preferred Stock Channel (in a new window) »
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