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FNB - F.N.B. Corporation: Attractively Valued With A Rosy Earnings Outlook
F.N.B. Corporation
Now in the third year of the expense savings program, the management has added another initiative to further reduce costs.
The provision expense will likely return to a normal level this year because the existing allowance is high enough to cover any out-of-the-ordinary pandemic-driven losses.
The year-end target price suggests a moderately high upside from the current market price. Further, FNB is offering a decent dividend yield for a bank holding company.