F.N.B. Corporation Reports Third Quarter 2009 Results

October 22, 2009

F.N.B. CORPORATION REPORTS THIRD QUARTER 2009 RESULTS

Hermitage, PA – October 22, 2009 – F.N.B. Corporation (NYSE: FNB) today reported
financial results for the third quarter ended September 30, 2009. Net income available to
common shareholders was $4.8 million, or $0.04 per diluted common share, compared to net
income available to common shareholders of $9.1 million, or $0.10 per diluted common
share, in the second quarter of 2009.

Results for the third quarter of 2009 included $5.5 million in costs (after-tax basis) associated
with F.N.B.’s redemption of the preferred stock it sold to the U.S. Treasury (UST) pursuant to
the Capital Purchase Program (CPP). Results for the third quarter also included $3.3 million
($2.1 million on an after-tax basis) in non-cash other-than-temporary impairment charges
primarily related to pooled trust preferred securities. These expenses reduced net income
available to common shareholders for the third quarter of 2009 by $7.6 million or $0.07 per
diluted common share.

“FNB continues to execute its organic growth strategy to take advantage of the opportunities
created by the competitive disruption in our Pennsylvania markets,” said Stephen J.
Gurgovits, President and Chief Executive Officer of F.N.B. Corporation. “I am pleased to
report that we are executing well. As a result of our ongoing customer calling program,
increased marketing activities and successful advertising campaign, our growth
demonstrates that we are capturing market share.”

F.N.B. Corporation’s performance ratios this quarter were as follows: return on average
tangible common equity (non-GAAP measure) was 4.85%; return on average equity was
3.62%; return on average tangible assets (non-GAAP measure) was 0.56% and return on
average assets was 0.47%. A reconciliation of GAAP measures to non-GAAP measures is
included with the tables that accompany this press release.

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