FNB

Q2 FY2026 EarningsFY26 Q2 results marginally missed revenue expectations but exceeded net income and EPS consensus. Total revenue of $462.7M was slightly below the $466.7M mean estimate (-0.85%), while diluted EPS of $0.42 was in-line with the consensus mid-point and slightly above the $0.4188 normalized mean. The beat in profitability was driven by effective cost management and a lower-than-expected effective tax rate of 20.9% vs. 21.6% expected. Asset quality remained robust with net charge-offs at 0.19% annualized, while NIM (FTE) expanded to 3.25% due to lower funding costs.