In our research on community and regional banks, we occasionally come across institutions that, while not meeting our portfolio criteria for growth and valuation nonetheless present solid opportunities for income-oriented investors to gain meaningful dividend yield while balancing limited risk against modest appreciation potential through incremental growth in the underlying businesses.
In this article, we present two such financial institutions serving areas of the eastern United States that offer incremental growth opportunities, reasonable valuations, and well secured dividend yields in excess of 4.0%.
F.N.B. Corporation
F.N.B. Corporation (FNB) is the holding company for First National