First National Bank FNB ROTCE + P/TBV + Management Earnings Call Commentary.

 

Vince Calabrese, CFO: "The 8% quarterly common dividend increase marks our first Q1 dividend increase since 2007 and reflects our strong financial performance and capital levels as evidenced by the TCE ratio of nearly 9% and the CET1 ratio of 11.4%."

 

Vince Delie, CEO: "Period-end loan growth of 3.9% annualized linked quarter was driven by core middle market C&I. It is important to note that our growth has not benefited from NDFI or lending into private credit, a category that we continue to avoid."