First National Bank names Alfred Cho as chief consumer banking officer

PITTSBURGH - First National Bank, the largest subsidiary of F.N.B. Corporation (NYSE:FNB), has appointed Alfred D. Cho as Chief Consumer Banking Officer, according to a press release statement issued Tuesday. The appointment comes as FNB continues to demonstrate strong market performance, with the stock delivering a 15% return over the past six months and maintaining a solid dividend yield of approximately 3%.

Cho succeeds Barry Robinson, who is retiring after 15 years with the company. In his new role, Cho will oversee Retail Sales and Distribution, Small Business Banking, Mortgage Services, Consumer Banking Solutions and Consumer Product Development. According to InvestingPro data, five analysts have recently revised their earnings expectations upward for the upcoming period, suggesting strong confidence in the company’s strategic direction.

Cho brings more than 25 years of experience in strategic consulting, investment banking and financial institutions, having worked at J.P. Morgan, Bank of America and Truist. He will report directly to Vincent J. Delie, Jr., Chairman, President and Chief Executive Officer of F.N.B. Corporation and First National Bank.

"Alfred’s diverse experience and uniquely strategic mindset further augment the capabilities of a very experienced Retail Banking team," Delie said in the statement.

Cho, who has previously worked with FNB in an advisory capacity, holds an MBA with High Distinction from the Stephen M. Ross School of Business and completed his undergraduate education at the University of Michigan.

F.N.B. Corporation is headquartered in Pittsburgh, Pennsylvania, with operations across seven states and the District of Columbia. The company has nearly $50 billion in total assets and approximately 350 banking offices throughout its service areas. With a remarkable 51-year track record of consecutive dividend payments and current market capitalization of $5.9 billion, FNB has established itself as a reliable financial institution. For detailed analysis and additional insights, investors can access the comprehensive Pro Research Report available on InvestingPro, which currently indicates the stock is trading below its Fair Value.

In other recent news, F.N.B. Corporation has reported its second-quarter 2025 results, which highlighted strong pre-provision net revenue driven by an expanding net interest margin, solid balance sheet growth, and strong fees. This positive performance led DA Davidson to raise its stock price target for F.N.B. Corporation to $19.00, maintaining a Buy rating. Additionally, the company declared a quarterly cash dividend of $0.12 per share, payable on September 15, 2025, to shareholders of record as of September 2, 2025.

In terms of personnel changes, Frank Schiraldi has joined First National Bank, F.N.B.’s banking subsidiary, as Director of Corporate Strategy. Schiraldi brings over 20 years of industry experience from Piper Sandler and will report to Chief Strategy Officer Christopher Chan. Moreover, Brian Mancos has been promoted to Director of Human Resources and Corporate Services, succeeding Charles Casalnova.

F.N.B. Corporation also announced the expansion of its eStore Common application to include business deposit products. This enhancement allows customers to apply for both business and personal banking products through a single process, significantly reducing application time for small business owners.

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