BUSINESS SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2022

Financial Information for Segments of FNB

The following tables provide financial information for these segments of FNB. The information provided under the caption “Parent and Other” represents operations not considered to be reportable segments and/or general operating expenses of FNB, and includes the parent company, other non-bank subsidiaries and eliminations and adjustments to reconcile to the Consolidated Financial Statements.

TABLE 25.1


(in millions)	Community Banking		Wealth Manage- ment		Insurance		Parent and Other		Consolidated
At or for the Year Ended December 31, 2022
Interest income	$	1,280	$	—	$	—	$	5	$	1,285
Interest expense	145		—		—		20		165
Net interest income	1,135		—		—		(15)		1,120
Provision for credit losses	63		—		—		1		64
Non-interest income	240		64		24		(5)		323
Non-interest expense (1)	744		42		19		7		812
Amortization of intangibles	13		—		1		—		14
Income tax expense (benefit)	116		5		1		(8)		114
Net income (loss)	439		17		3		(20)		439
Total assets	43,586		37		33		69		43,725
Total intangibles	2,530		9		27		—		2,566

At or for the Year Ended December 31, 2021
Interest income	$	1,003	$	—	$	—	$	2	$	1,005
Interest expense	86		—		—		12		98
Net interest income	917		—		—		(10)		907
Provision for credit losses	(1)		—		—		2		1
Non-interest income	251		61		24		(6)		330
Non-interest expense (1)	653		39		21		8		721
Amortization of intangibles	11		—		1		—		12
Income tax expense (benefit)	100		5		—		(7)		98
Net income (loss)	405		17		2		(19)		405
Total assets	39,396		37		34		46		39,513
Total intangibles	2,268		9		27		—		2,304

At or for the Year Ended December 31, 2020
Interest income	$	1,129	$	—	$	—	$	1	$	1,130
Interest expense	188		—		—		20		208
Net interest income	941		—		—		(19)		922
Provision for credit losses	123		—		—		—		123
Non-interest income	233		49		22		(10)		294
Non-interest expense (1)	675		35		19		8		737
Amortization of intangibles	12		—		1		—		13
Income tax expense (benefit)	61		3		—		(7)		57
Net income (loss)	303		11		2		(30)		286
Total assets	37,245		38		35		36		37,354
Total intangibles	2,279		9		28		—		2,316

(1) Excludes amortization of intangibles, which is presented separately.