F.N.B. Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company's interest income was $177,168,000 compared to $140,781,000 a year ago. Net interest income was $159,283,000 compared to $127,333,000 a year ago. Net interest income after provision was $146,578,000 compared to $114,669,000 a year ago. Income before income taxes was $73,838,000 compared to $56,540,000 a year ago. Net income available to common stockholders was $49,280,000 compared to $37,111,000 a year ago. Diluted earnings per common share were $0.23 compared to $0.21 a year ago. Operating net income available to common stockholders was $50,588,000 compared to $38,102,000 a year ago. Operating diluted earnings per common share was $0.24 compared to $0.22 a year ago. Book value per common share was $11.68 compared to $11.34 a year ago. Tangible book value per common share was $6.53 compared to $6.38 a year ago. Return on average equity was 7.93% compared to 7.39% a year ago. Return on average tangible equity was 14.14% compared to 13.20% a year ago. Return on average tangible common equity was 14.66% compared to 13.75% a year ago. Return on average assets was 0.94% compared to 0.91% a year ago. Return on average tangible assets was 1.02% compared to 1.00% a year ago.

For the year, the company's interest income was $678,963,000 compared to $546,795,000 a year ago. Net interest income was $611,512,000 compared to $498,222,000 a year ago. Net interest income after provision was $555,760,000 compared to $457,781,000 a year ago. Income before income taxes was $246,388,000 compared to $229,642,000 a year ago. Net income available to common stockholders was $162,850,000 against 151,608,000 a year ago. Diluted earnings per common share were $0.78 compared to $0.86 a year ago. Operating net income available to common stockholders was $187,739,000 compared to $153,692,000 a year ago. Operating diluted earnings per common share was $0.90 compared to $0.87 a year ago. Return on average equity was 6.84% compared to 7.70% a year ago. Return on average tangible equity was 12.49% compared to 13.84% a year ago. Return on average tangible common equity was 12.89% compared to 14.46% a year ago. Return on average assets was 0.83% compared to 0.96% a year ago. Return on average tangible assets was 0.92% compared to 1.06% a year ago.

The company also announced net loan charge-offs (originated portfolio) of $11,848,000 for the fourth quarter ended December 31, 2016 compared to $6,721,000 a year ago. Net loan charge-offs (acquired portfolio) was $308,000 compared to $114,000 a year ago.

The company provided earnings guidance for the full year of 2017. For the year, the company expects full year reported net interest income to increase $270 million to $290 million year-over-year. The overall effective tax rate for 2017 is expected to be in the 31% to 32% range.