The economic environment will likely keep loan growth close to last year's level for the remainder of this year. The margin will likely face pressure amid a falling interest-rate environment. My December 2024 target price is quite close to the current market price.
Shares of six regional banks declined Friday, a day after Moody's placed them on a long-term ratings review for possible downgrades because of their substantial exposure to potentially risky real estate loans.
Moody's Ratings has placed the long-term debt ratings of Old National Bancorp. and several other U.S. regional banks on review for downgrade amid concerns over commercial real-estate exposure.
F.N.B. (FNB) reported earnings 30 days ago. What's next for the stock?