F.N.B. Corporation Enhances Capital Markets with New Investment Banking Services

On April 8, 2025, F.N.B. Corporation (NYSE: FNB) made headlines as it revealed its plans to enhance its capital markets offerings by acquiring Raptor Partners LLC, an independent investment banking firm based in Pittsburgh. This move is a strategic effort to broaden F.N.B.’s advisory services and cater to a wider array of financial needs for both public and private sector clients.

With a proven track record in mergers and acquisitions, corporate finance, and valuation advisory, Raptor Partners brings a significant wealth of knowledge and expertise to F.N.B. The firm has successfully completed transactions valued at nearly $40 billion across various industries, positioning itself as a viable partner for FNB in this new venture. Craig Wolfanger, Founder and President of Raptor Partners, emphasized the excitement of collaboration, stating, "Joining FNB will allow us to offer comprehensive financial advisory services to both new and existing clients."

Vincent J. Delie Jr., the Chairman, President, and CEO of F.N.B. Corporation, highlighted the importance of this acquisition in continuing to strengthen the organization’s capital markets platform. Delie stated, "FNB has consistently invested in enhancing its capabilities in capital markets, which has successfully driven a remarkable 137% revenue increase over the last ten years. By integrating investment banking into our offerings, we can provide our clients advisory services that span their entire business lifecycle."

The addition of Raptor Partners not only enhances the depth of services available to F.N.B. clients but also comes at a critical juncture, as businesses increasingly seek reliable counsel amidst a transforming economic landscape. The acquisition, expected to close in the second quarter of 2025, is anticipated to introduce enhanced synergies that will further bolster FNB's market role as a trusted advisor. Upon completion, Wolfanger will continue his career at FNB as the Managing Director and Head of Investment Banking.

In addition to expanding its operational scope, this strategic step reinforces FNB’s commitment to providing tailored financial solutions that meet the evolving demands of its clientele. F.N.B. Corporation has established itself as a multifaceted financial services provider with significant assets totaling $49 billion and an extensive branch network across major metropolitan areas including Pittsburgh, Baltimore, Cleveland, and Washington, D.C. Its offerings range from corporate and consumer banking solutions to wealth management, making it an essential player in the financial ecosystem.

As the acquisition nears completion, both F.N.B. Corporation and Raptor Partners share a vision of providing exemplary financial services that support clients at every stage of development. This collaboration is set to result in a holistic approach towards addressing complex financial challenges, ultimately setting a new benchmark in investment banking and advisory services.

With this bold move of integrating Raptor Partners into F.N.B., the company is poised to further solidify its status in the competitive financial landscape, reassuring its clients of its capability to deliver innovative solutions and strategic advice in times of need.