Earnings of F.N.B. Corporation (FNB) plunged by 52% quarter-over-quarter in the first quarter due to a hike in provision expense. Earnings in the remainder of the year will likely improve from the first quarter, but remain below the 2019 level. I'm expecting the provision expense to decline in the second quarter because FNB appears to have incorporated most of the impact of Covid-19 in its March-end reserves. Moreover, the Paycheck Protection Program will likely drive loan growth, which will improve earnings in the year ahead. On the other hand, the rate-sensitive net interest margin will