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PITTSBURGH, Jan. 19, 2021 /PRNewswire/ F.N.B. Corporation (NYSE: FNB) reported earnings for the fourth quarter of 2020 with net income available to common stockholders of $70.2 million, or $0.22 per diluted common share. Comparatively, fourth quarter of 2019 net income available to common stockholders totaled $93.2 million, or $0.29 per diluted common share, and third quarter of 2020 net income available to common shareholders totaled $80.8 million, or $0.25 per diluted common share. On an operating basis, the fourth quarter of 2020 earnings per diluted common share (non-GAAP) was $0.28, excluding $0.06 for significant items. Operating earnings per diluted common share (non-GAAP) for the fourth quarter of 2019 was $0.30 and $0.26 for the third quarter of 2020, excluding $0.01 for significant items in each quarter.
ThinkLearning:
3 Sectors to Watch in 2021 webinar on Wednesday 13 January, it is perhaps an opportune time to take a closer look at each of the major sectors within the Australian Market.
The Global Industry Classification Standard or GICS is the typical method for classifying stocks into groups which best define their business. There are 11 main GICS sectors for the Australian market and many sub-sectors to these. Each main sector has a corresponding index which aggregates the performance of the stocks within the sector, much like the S&P ASX 200 does for the 200 largest capitalisation stocks listed on the ASX. Also, like the S&P ASX 200 (XJO), each as a corresponding ticker code so investors can check the price of the index on the ASX website or with their preferred data provider.
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PITTSBURGH, Jan. 15, 2021 /PRNewswire/ F.N.B. Corporation (NYSE: FNB) today announced that its Board of Directors declared a quarterly cash dividend of $18.13 per share (equivalent to $0.45325 per depositary share or 1/40
th interest per share) on F.N.B. Corporation s Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: FNB PRE). The dividend is payable on February 15, 2021, to shareholders of record as of the close of business on January 29, 2021.
The Board of Directors also declared a quarterly cash dividend of $0.12 per share on F.N.B. Corporation s common stock. The dividend is payable on March 15, 2021, to shareholders of record as of the close of business on March 5, 2021.
Dreamstime
Biotech companies have been riding the wave of Covid-19 vaccine excitement for months now, as the pandemic reignited investors’ confidence in the value of their research, technology, and platforms.
Leaders in coronavirus vaccine development like
Moderna (ticker: MRNA) and
Novavax (NVAX) have seen their stocks surge wildly, but the rally isn’t limited to them. The biggest winners in 2020 also included firms with breakthroughs in other areas, such as
Twist Bioscience (TWST), which developed a DNA synthesis platform that made Covid testing possible, and
Investing in biotech isn’t easy, however. It’s a risky space where companies often have no income-generating products, and the drugs in development have no guarantee of government approval. Investors are often attracted by biotech stocks’ potential for outsize gains, but these companies can also bring sudden, steep declines if their high-stake efforts fail in clinical tr