#United States #Pittsburgh #Financial Services #F.N.B. Corporation #Municipal Bonds

F.N.B. Corporation Enhances Public Finance Services

F.N.B. Corporation (NYSE: FNB), headquartered in Pittsburgh, has unveiled its latest initiative aimed at broadening its public finance services through municipal bond underwriting. This strategic move not only reinforces the bank's existing product offerings but also positions it as a key player in the commercial banking sector with comprehensive capabilities.

The expansion into municipal bond underwriting comes as a vital addition to FNB's diverse financial solutions and is designed to better serve its municipal clients. By providing essential financing options, FNB enables local governments to fund large projects like infrastructure improvements or the acquisition of heavy equipment at a favorable long-term cost.

FNB's dedicated team will support clients throughout the entire bond issuance process, including structuring the bonds, soliciting investors, and ensuring effective underwriting. This new offering is not only a boon for municipal clients but also an attractive investment opportunity for individuals seeking federal tax-exempt interest payments, which can enhance their overall returns.

Vincent J. Delie, Jr., the Chairman and CEO of F.N.B. Corporation, expressed enthusiasm about the new service. He emphasized that municipal bond underwriting is a natural extension of their Capital Markets offerings, reinforcing their dedication to assist a broad range of customers, including various municipalities and public sector entities.

FNB’s municipal bond offerings will be facilitated through its subsidiary, FNB America Securities LLC. This subsidiary specializes in providing tailored financial solutions for not only local governments but also school districts, special districts, not-for-profits, and more. The integration of advanced data analysis and market intelligence ensures that FNB can offer competitive financing packages, factoring in current market dynamics and interest rates.

This latest development follows FNB’s acquisition of Raptor Partners in April 2025, an advisory firm that further expanded its investment banking services. FNB's Capital Markets group encompasses various teams that handle an array of specialized financial services, including:

• - Interest rate and commodity hedging.
• - Leadership in debt capital markets for corporate clients.
• - Comprehensive investment banking services.
• - Options for mezzanine financing.
• - International banking solutions, including foreign exchange.

F.N.B. Corporation is not new to growth; it operates across seven states and the District of Columbia, boasting a range of services from commercial banking to wealth management. FNB has over 350 offices and manages total assets exceeding $50 billion, leveraging its extensive market coverage across major metropolitan areas.

The corporation is recognized for its commitment to providing a complete suite of banking services, including commercial and consumer banking, mortgage lending, and wealth management. Its subsidiary network includes First National Bank of Pennsylvania, which has been operational since 1864, delivering a rich history of banking excellence.

In summary, F.N.B. Corporation's expansion into municipal bond underwriting not only reflects its commitment to cater to a broader customer base but also establishes it as a formidable entity capable of addressing the financing needs of various public and private sectors. As the bank continues to evolve with market demands, it remains focused on providing innovative solutions that align with its clients' financial goals.