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PITTSBURGH - F.N.B. Corporation (NYSE:FNB), a regional bank with a market capitalization of $5.6 billion, announced Thursday that Frank Schiraldi has joined its banking subsidiary, First National Bank, as Director of Corporate Strategy. The appointment comes as the company’s stock shows strong momentum, delivering a 7.5% return over the past week.According to InvestingPro analysis, FNB currently trades at a P/E ratio of 12.2, with analysts maintaining a strong buy consensus for the stock.
Schiraldi, who previously served as Managing Director and Senior Research Analyst at Piper Sandler specializing in the regional banking sector, brings over 20 years of industry experience to the role. He will report to Chief Strategy Officer Christopher Chan and lead a team responsible for executing growth strategies and developing strategic analysis to guide corporate decision-making.
In his new position, Schiraldi will analyze business metrics, forecasting models, financial information and macroeconomic factors to position the company for continued growth.
"Our corporate strategies team is now embedded with the experts who lead our digital technology, AI and data science programs," said Vincent J. Delie Jr., Chairman, President and Chief Executive Officer of F.N.B. Corporation and First National Bank.
Schiraldi holds a bachelor’s degree in economics from the University of Virginia and is a Chartered Financial Analyst (CFA) charterholder.
F.N.B. Corporation, headquartered in Pittsburgh, Pennsylvania, operates in seven states and the District of Columbia with nearly $50 billion in total assets and approximately 350 banking offices. The company provides commercial banking, consumer banking and wealth management solutions through its subsidiary network led by First National Bank of Pennsylvania.
The information in this article is based on a press release statement from F.N.B. Corporation and enhanced with financial data from InvestingPro.
In other recent news, F.N.B. Corporation reported strong second-quarter 2025 results, leading to increased price targets by analysts. DA Davidson raised its price target for F.N.B. Corporation to $19.00, citing strong pre-provision net revenue driven by an expanding net interest margin and solid balance sheet growth. Similarly, Keefe, Bruyette & Woods increased their price target to $18.50, highlighting a "nice beat" in quarterly earnings that exceeded their estimates by $0.02 per share. Additionally, F.N.B. Corporation declared a quarterly cash dividend of $0.12 per share, payable on September 15, 2025, to shareholders of record as of September 2, 2025. The company also announced the promotion of Brian Mancos to Director of Human Resources and Corporate Services. In another development, F.N.B. expanded its eStore Common application to include business deposit products, allowing for a more streamlined application process for both business and personal banking products. These recent developments reflect the company’s ongoing efforts to enhance its services and maintain strong financial performance.
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