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F N B (FRA:FN2) Scaled Net Operating Assets : 0.11 (As of Mar. 2024)


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What is F N B Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

F N B's operating assets for the quarter that ended in Mar. 2024 was €37,888 Mil. F N B's operating liabilities for the quarter that ended in Mar. 2024 was €33,315 Mil. F N B's Total Assets for the quarter that ended in Dec. 2023 was €42,327 Mil. Therefore, F N B's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.11.


F N B Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

F N B's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(40881.694-33125.708)/41276.4
=0.19

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=42326.886 - 1445.192
=40881.694

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=36779.036 - 1911.028 - 1742.3
=33125.708

F N B's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(37888.36-33315.04)/42326.886
=0.11

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=42224.32 - 4335.96
=37888.36

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=36698.8 - 2058.96 - 1324.8
=33315.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


F N B Scaled Net Operating Assets Related Terms

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F N B (FRA:FN2) Business Description

Industry
Traded in Other Exchanges
Address
12 Federal Street, One North Shore Center, Pittsburgh, PA, USA, 15212
F N B Corp has three reportable business segments: Community Banking, Wealth Management & Insurance. The majority of revenue is from the Community banking segment. It offers commercial & consumer banking services. Commercial banking solutions include corporate banking, small business banking, investment real estate financing, business credit, capital markets & lease financing. Consumer banking products & services include deposit products, mortgage lending, & consumer lending & a complete suite of mobile & online banking services. The group have Banking branches in Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, South Carolina, Washington, D.C. & Virginia. A majority of FNB's loan portfolio is in commercial real estate, while the majority of its revenue is net interest income.