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F.N.B. Corp (NYSE:FNB) targets four major business segments

Boston, MA 01/07/2013 (wallstreetpr) – Shares of the F.N.B. Corp (NYSE:FNB) had surged by 0.42 percent to close at $12.08 per share when the market ended on Friday. The shares of the company had been trading with intraday prices fluctuating between $11.93 and $12.12 per during the day, which had pushed the company to hit new peaks. The F.N.B. Corp (NYSE:FNB) had a market capitalization of $1.75 billion. The stock opened at $12.01 per share. Shares of F.N.B. Corp (NYSE:FNB) have 52 week low value at $10.20 per share and 52 week high value is readjusted to $12.12 per share.

Consumer Finance, Wealth Management, Insurance and Community Banking segments are the four major business segments of F.N.B. Corp (NYSE:FNB). This company is a bank and financial holding company. The company operates Community Banking segment in Ohio and Pennsylvania.  In Kentucky and Tennessee, the consumer finance offices of the company are operated. The First National Bank of Pennsylvania is a regional community bank which is included in the Community Banking segment of F.N.B. Corp (NYSE:FNB) in December 2011.

The wealth management segment of the bank holding trust company operates through its subsidiary and consists of a network of registered investment advisors to provide broker-dealer services. The two major segments in which the insurance business of the company operates include the insurance agency segment and the reinsurance segment. Parkvale Financial Corporation had joined with F.N.B. Corp (NYSE:FNB) early in January 2012.

F.N.B. Corp (NYSE:FNB) had announced that there would be a change in the name of the company to Community One Bancorp and the symbol in the exchange would be duly changed to COB from FNB.

F.N.B. Corp (NYSE:FNB) has an institutional investor ownership to the extent of 60 percent of the capital and there are 145.02 million shares outstanding in the market. The company had experienced the exchange of 1.07 million shares on Friday while the average trading volume is at 754,817 shares per day.

Published by Brendan Byrne

While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. You may contact Brendan via his email ([email protected]) or his Google+ page (https://plus.google.com/u/0/116608759701551457422).

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