F.N.B. (FNB) 8-K Cautionary Statement Regarding Forward-Looking Information

F.N.B. Corporation

Investor Presentation

SunTrust Robinson Humphrey

2013 Financial Services Unconference

Dated: May  21, 2013

Vincent J. Calabrese, Jr.

Chief Financial Officer

Gary L. Guerrieri

Chief Credit Officer

Exhibit 99.1

Cautionary Statement Regarding Forward-Looking Information

and Non-GAAP Financial Information

2

This presentation and the reports F.N.B. Corporation files with the Securities and Exchange Commission often contain “forward-looking statements” relating

to present or future trends or factors affecting the banking industry and, specifically, the financial operations, markets and products of F.N.B. Corporation.

These forward-looking statements involve certain risks and uncertainties. There are a number of important factors that could cause F.N.B. Corporation’s

future results to differ materially from historical performance or projected performance. These factors include, but are not limited to: (1) a significant

increase in competitive pressures among financial institutions; (2) changes in the interest rate environment that may reduce interest margins; (3) changes in

prepayment speeds, loan sale volumes, charge-offs and loan loss provisions; (4) general economic conditions; (5) various monetary and fiscal policies and

regulations of the U.S. government that may adversely affect the businesses in which F.N.B. Corporation is engaged; (6) technological issues which may

adversely affect F.N.B. Corporation’s financial operations or customers; (7) changes in the securities markets; (8) risk factors mentioned in the reports and

registration statements F.N.B. Corporation files with the Securities and Exchange Commission; (9) housing prices; (10) job market; (11) consumer confidence

and spending habits; (12) estimates of fair value of certain F.N.B. Corporation assets and liabilities; (13) transaction risks associated with the pending merger

of PVF Capital Corp., and integration challenges related to the recently completed merger with Annapolis Bancorp, Inc. and the difficulties encountered in

expanding into a new market; or (14) the effects of current, pending and future legislation, regulation and regulatory actions.  F.N.B. Corporation undertakes

no obligation to revise these forward-looking statements or to reflect events or circumstances after the date of this presentation.

To supplement its consolidated financial statements presented in accordance with Generally Accepted Accounting Principles (GAAP), the Corporation

provides additional measures of operating results, net income and earnings per share (EPS) adjusted to exclude certain costs, expenses, and gains and losses. 

The Corporation believes that these non-GAAP financial measures are appropriate to enhance the understanding of its past performance as well as prospects

for its future performance.  In the event of such a disclosure or release, the Securities and Exchange Commission’s Regulation G requires: (i) the presentation

of the most directly comparable financial measure calculated and presented in accordance with GAAP and (ii) a reconciliation of the differences between the

non-GAAP financial measure presented and the most directly comparable financial measure calculated and presented in accordance with GAAP.  The

required presentations and reconciliations are contained herein and can be found at our website, www.fnbcorporation.com, under “Shareholder and Investor

Relations” by clicking on “Non-GAAP Reconciliation.”

The Appendix to this presentation contains non-GAAP financial measures used by the Corporation to provide information useful to investors in understanding

the Corporation's operating performance and trends, and facilitate comparisons with the performance of the Corporation's peers.  While the Corporation

believes that these non-GAAP financial measures are useful in evaluating the Corporation, the information should be considered supplemental in nature and

not as a substitute for or superior to the relevant financial information prepared in accordance with GAAP.  The non-GAAP financial measures used by the

Corporation may differ from the non-GAAP financial measures other financial institutions use to measure their results of operations.  This information should

be reviewed in conjunction with the Corporation’s financial results disclosed on April 23, 2013 and in its periodic filings with the Securities and Exchange

Commission.

Additional Information About the Merger

3

ADDITIONAL INFORMATION ABOUT THE MERGER

F.N.B. Corporation and PVF Capital Corp. will file a proxy statement/prospectus and other relevant documents with the SEC in connection

with the merger.

SHAREHOLDERS OF PVF CAPITAL CORP. ARE ADVISED TO READ THE PROXY STATEMENT/PROSPECTUS WHEN IT BECOMES AVAILABLE AND

ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS,

BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.

The proxy statement/prospectus and other relevant materials (when they become available), and any other documents F.N.B. Corporation

and PVF Capital Corp. have filed with the SEC, may be obtained free of charge at the SEC's website at www.sec.gov. In addition, investors

and security holders may obtain free copies of the documents F.N.B. Corporation has filed with the SEC by contacting James Orie, Chief

Legal Officer,  F.N.B. Corporation, One F.N.B. Boulevard, Hermitage, PA 16148, telephone: (724) 983-3317; and free copies of the

documents PVF Capital Corp. has filed with the SEC by contacting Jeffrey N. Male, Secretary, PVF Capital Corp., 30000 Aurora Road, Solon,

OH 44139, telephone: (440) 248-7171.

F.N.B. Corporation and PVF Capital Corp. and certain of their directors and executive officers may be deemed to be participants in the

solicitation of proxies from shareholders of PVF Capital Corp. in connection with the proposed merger. Information concerning such

participants' ownership of PVF Capital Corp. common shares will be set forth in the proxy statement/prospectus relating to the merger

when it becomes available. This communication does not constitute an offer of any securities for sale.

4

F.N.B. Corporation

Key Investment Considerations

5

1.

Experienced leadership

2.

Sustainable business model

3.

Attractive market position

4.

Consistent, strong operating results and favorable trends

5.

Proven, disciplined acquisition strategy

6.

Investment thesis geared toward shareholder value creation

Positioned to Achieve Long-Term Growth

F.N.B. Corporation

6

(1) Pro-forma for ANNB acquisition completed April 6, 2013, with assets of approximately $0.4 million, loans of $0.3 million, deposits of $0.4 million and 8

banking locations and  pending acquisition of PVFC, expected to close October 2013 with assets of approximately $0.8 billion, loans of $0.6 billion, deposits

of $0.6 billion and 16 banking locations; (2) SNL Financial, Pro-forma, excludes custodian bank; (3) As of May 16, 2013

Well-Positioned for Sustained Growth

Strong Operating Results

Consistent Operating Strategy

•

Assets:$13.2 billion

(1)

•

Loans:$9.1 billion

(1)

•

Deposits:$11.0 billion

(1)

•

Banking locations:270

(1)

•

Consumer finance locations:71

Fourth Largest

Pennsylvania-Based Bank

•

Top quartile profitability performance

•

Deliver consistent, solid results

•

Industry-leading loan growth

•

Strong

performance:3-year

total

shareholder

return

of

46%

(3)

•

Maintain low-risk profile: Enterprise-wide risk management

•

Position for sustained growth and profitability

•

Reposition and reinvest for growth

•

Disciplined expense control

•

Expanding market share potential and growth opportunities

•

Attractive

footprint:

Banking

locations

span

53

counties/four

states

(1)

•

Leading market position

(2)

•

#3 market share in the Pittsburgh MSA

•

#3 overall market share in Pennsylvania based on counties of operation

•

#5 overall market position for all counties of operation

President and CEO

Vincent J. Delie, Jr.

26

2005

National City

President, First National Bank

John C. Williams, Jr.

42

2008

Huntington

National City

Mellon Bank

Chief Financial Officer

Vincent J. Calabrese, Jr.

25

2007

People’s United

Chief Credit Officer

Gary L. Guerrieri

27

2002

FNB

Promistar

Experienced Leadership

7

Experienced and respected executive management team

Prior Experience

Joined FNB

Years of

Banking

Experience

Sustainable Business Model

8

Sustainable Business Model

Maintain low risk

profile

Target neutral interest

rate risk position

Fund loan growth with

deposits

Adhere to consistent

underwriting and

pricing standards

Maintain rigid expense

control

Efficient capital

management

Organic growth:

Regional model

Best-in-class,

enterprise-wide

sales management

Deep product set

Investments in people,

product development,

high-growth potential

market segments

Acquisition-related

growth:

Disciplined,

strategic, accretive

Attract, retain and

develop top talent

Strong cross-sell

environment

Holistic incentive

compensation

structure supports

cross-functional focus

Monitor external and

internal service

excellence, quality and

satisfaction

Recognize

accomplishments and

innovation

Disciplined, growth

oriented focus guided

by commitment to

shareholder value

Long-term investment

thesis centered on:

Targeted EPS

growth

Strong dividend

Risk Management

Growth

Culture

Shareholder Value

9

Reposition and Reinvest Strategy

Reposition and Reinvest Strategy

10

Talent Management

Geographic Segmentation

Sales Management/Cross-Sell

Product Development

Branch Optimization

Electronic Delivery Investment

Expansion Through Acquisition

Consistent, strong operating results

Revenue growth

Consistent organic loan growth

Quality growth led by C&I portfolio                            

Attractive market position

Expanded market share potential via entry and expansion

in attractive markets

Strong 3-year total shareholder return

Strategic Actions Drive Long-Term Growth and Performance

Actions

Results

Reposition and Reinvest  –

Actions Drive Long-Term Performance

11

2009

2010

2011

2012

1Q13

PEOPLE

Talent Management

Strengthened team through key

hires; Continuous team

development

Attract, retain, develop best talent

Continued

Success

Geographic Segmentation

Regional model

Regional

Realignment

5

th

Region

Created

PROCESS

Sales Management/Cross Sell

Proprietary sales management

system developed and

implemented: Balanced

scorecards, cross-functional

alignment

Consumer

Banking

Scorecards

Consumer Banking Refinement/Daily Monitoring

Continued

Utilization

Commercial

Banking Sales

Management

Expansion to additional lines of

business

Continued

Expansion

PRODUCT

Product Development

Deepened product set and niche

areas allow FNB to successfully

compete with larger banks and

gain share

Private Banking

Capital Markets

Online and mobile banking

investment /implementation –

Online banking enhancements,

mobile banking and app

Online/mobile

banking

infrastructure

complete with

mobile remote

deposit capture

and online

budgeting tools

Asset Based

Lending

Small Business

Realignment

Treasury

Management

PRODUCTIVITY

Branch Optimization

Continuous evolution of branch

network to optimize profitability

and growth prospects

De-Novo Expansion 9 Locations

Ongoing

Evaluation

Consolidate 2

Locations

Consolidate 6

Locations

Consolidate 37

Locations

Acquisitions

Opportunistically expand

presence in attractive markets

CB&T

Parkvale

ANNB Closed

PVFC

Announced

Strong Performance Relative to Peers

12

The above represents full-year 2010, 2011, 2012 and/or quarterly results where noted.  Refer to Supplemental Information for peer group listing.

(1) Operating results, refer to Supplemental Information for details

Relationship-Based Focus Drives Growth –

1Q13 Results

13

(1) Average year-over-year growth, 1Q13, $ in millions

Year-over-Year Total Loan Growth

Positive results in commercial and consumer

Commercial growth driven by C&I portfolio growth

of $249.1 million or 17.7%

Year-over-Year Transaction Deposits and

Customer Repo Growth

Growth driven by DDA’s and Customer Repo

growth of $416.5 million or 17.5%

-$114.9

$231.2

$294.6

$410.9

-$150.0

-$50.0

$50.0

$150.0

$250.0

$350.0

$450.0

Residential/Other

Consumer

Commercial

Total Loans

$241.8

$416.5

$658.3

$0.0

$100.0

$200.0

$300.0

$400.0

$500.0

$600.0

$700.0

Other Transaction Deposits

DDA's & Repos

Total Transaction Deposits and Customer Repos

Total Loans

Transaction Deposits and

Customer Repurchase Agreements

Year-over-Year Loan and Transaction Deposit Growth

Strong sales culture drives loan growth

Relationship-based focus drives related growth in lower-cost transaction deposits and repos

(1)

Relationship-Based Focus Drives Growth

–

Full-Year Trends

14

$4.4

$3.8

$3.3

12/31/2012

12/31/2011

12/31/2010

$2.6

$2.2

$2.0

12/31/2012

12/31/2011

12/31/2010

$2.8

$2.0

$1.7

12/31/2012

12/31/2011

12/31/2010

$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

$3.5

$4.0

$4.5

$5.0

$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

$3.5

“What Gets Measured Gets Done”

A cross-functional, disciplined sales management

process drives loan growth and growth in lower-

cost transaction deposits, supporting the net

interest margin, delivering greater profitability and

deepening the client relationship.

Commercial Loan Portfolio

DDA's and Customer Repos

Consumer Loan Portfolio

(1)

(2)

Balances shown are period-end balances, $ in billions.

(1)

Core commercial loan portfolio, excluding the Florida portfolio; (2) Consumer loans excludes the residential portfolio.

15

Market Position

Top Market Overall Position

16

Source:  SNL Financial, deposit data as of June 30, 2012, pro-forma as of May 1, 2013, excludes custodial bank

FNB Pennsylvania Counties of Operation

Rank

Institution

Branch

Count

Total Market

Deposits

($ 000)

Total

Market

Share

(%)

1

PNC Financial Services

307

51,112,184

34.1

2

Royal Bank of Scotland

209

9,814,813

6.5

4

M&T Bank Corp.

130

6,703,099

4.5

5

Wells Fargo & Co.

65

4,776,100

3.2

6

First Commonwealth

101

3,957,651

2.6

7

Banco Santander

75

3,854,650

2.6

8

Dollar Bank

37

3,453,494

2.3

9

First Niagara Financial

73

3,147,291

2.1

10

Susquehanna Bancshares

80

3,123,468

2.1

Total (1-138)

2,456

149,889,192

100.0

FNB All Counties of Operation

Rank

Institution

Branch

Count

Total Market

Deposits

($ 000)

Total

Market

Share

(%)

1

PNC Financial Services

461

60,155,071

25.9

2

Royal Bank of Scotland

298

14,949,617

6.4

3

KeyCorp

100

11,129,246

4.8

4

Huntington Bancshares

223

10,492,839

4.5

6

M&T Bank Corp.

151

8,603,725

3.7

7

FirstMerit Corp.

104

6,513,189

2.8

8

TFS Financial Corp

22

6,162,459

2.6

9

Wells Fargo & Co.

76

5,575,216

2.4

10

Dollar Bank

66

5,172,305

2.2

Total (1-213)

3,821

232,660,382

100.0

5.7

8,548,326

228

F.N.B. Corporation

3

4.4

10,135,228

270

F.N.B. Corporation

5

FNB holds the #3 overall retail market position for Pennsylvania counties of operation and #5 position for all counties

#3 Position in the Pittsburgh MSA

17

Source:  MSA population per U.S. Census Bureau 2010 data; Deposit market share per SNL Financial as of June 30, 2012, pro-forma as of May 1, 2013

(1) Excludes custodial bank

FNB is uniquely

positioned  as

one of only very

few community

banks to hold a

Top 3 deposit

market rank in

one of the

nation’s 25

largest

metropolitan

statistical areas.

Population

Rank

MSA

(000's)

#1

#2

#3

1

New York

(1)

18,897

JPM

BofA

Citi

2

Los Angeles

12,829

BofA

Wells Fargo

Mitsubishi UFJ

3

Chicago

9,461

JPM

BMO

BofA

4

Dallas

6,372

BofA

JPM

Wells Fargo

5

Philadelphia

5,965

BofA

Capital One

TD

6

Houston

5,947

JPM

Wells Fargo

BofA

7

Washington

5,582

Capital One

Wells Fargo

BofA

8

Miami

5,565

Wells Fargo

BofA

Citi

9

Atlanta

5,269

SunTrust

Wells Fargo

BofA

10

Boston

4,552

BofA

RBS

Banco Santander

11

San Francisco

5,335

BofA

Wells Fargo

Citi

12

Detroit

4,296

JPM

Comerica

BofA

13

Riverside

4,225

BofA

Wells Fargo

JPM

14

Phoenix

4,193

Wells Fargo

JPM

BofA

15

Seattle

3,440

BofA

Wells Fargo

U.S. Bancorp

16

Minneapolis

(1)

3,280

Wells Fargo

U.S. Bancorp

TCF

17

San Diego

3,095

Wells Fargo

Mitsubishi UFJ

BofA

18

St. Louis

2,813

U.S. Bancorp

BofA

Commerce

19

Tampa

2,783

BofA

Wells Fargo

SunTrust

20

Baltimore

2,710

BofA

M&T

PNC

21

Denver

2,543

Wells Fargo

FirstBank

U.S. Bancorp

22

Pittsburgh

(1)

2,356

PNC

RBS

23

Portland

2,226

BofA

U.S. Bancorp

Wells Fargo

24

Sacramento

2,149

Wells Fargo

BofA

U.S. Bancorp

25

San Antonio

2,143

Cullen/Frost

BofA

Wells Fargo

Top 3 Banks in MSA by Deposit Market Share

F.N.B. Corporation

Regional Footprint: Pro-Forma View

18

Source: SNL Financial, Pro-Forma

Top 30 MSA Presence

MSA

Population

Baltimore

2.7 million

(#20 MSA)

Pittsburgh

2.4 million

(#22 MSA)

Cleveland

2.1  million

(#28 MSA)

Cleveland MSA

Pittsburgh MSA

Baltimore MSA

ANNB

Acquisition

Completed

April 6, 2013

PVFC Acquisition

Target

Completion

October 2013

FNB’s model utilizes six regions, including three in top 30 MSA markets,

with each having a regional headquarters housing cross-functional teams.

ANNB and PVFC Acquisitions = Enhanced Growth Opportunities

19

Note: Above metrics at the MSA level

(1)

Data per U.S. Census Bureau

(2)

Data per Hoover’s as of May 1, 2013

Significant Commercial Prospects =

Opportunity to Leverage Core Competency and Drive Sustained Organic Growth 

Over 175,000 Total Businesses

(1)

1,972

2,036

2,198

9,216

10,006

10,818

12,851

13,345

13,410

52,149

59,240

65,169

Youngstown MSA

Scranton MSA

Harrisburg MSA

Cleveland MSA

Pittsburgh MSA

Baltimore MSA

# of Companies with Revenue Greater Than $1 Million

Total Businesses

(2)

(1)

Market Opportunity

20

Note: Above metrics at the MSA level

(1)

Data per Hoover’s as of May 1, 2013

(2)

Data per SNL Financial as of May 1, 2013

21

Acquisition Strategy

Acquisition Strategy

22

Disciplined and Consistent Acquisition Strategy

Strategy

Disciplined identification and focus on markets that

offer potential to leverage core competencies and

growth opportunities

Criteria

Create shareholder value

Meet strategic vision

Fit culturally

Evaluation

Targeted financial and capital recoupment hurdles

Proficient and experienced due diligence team

Execution

Superior post-acquisition execution

Execute FNB’s proven, scalable, business model

Proven success assimilating FNB’s strong sales culture

Execution

Strategy

Criteria

Evaluation

Acquisition-Related Expansion

23

FNB Banking Location (pro-forma)

11

bank

acquisition

since 2002 announced 

February 19, 2013 (PVFC)

Third consecutive acquisition

in a major MSA

ANNB closed 4/6/2013

PVFC currently pending

Four since 2010

Nine since 2005

Pre-2002

Presence

Additional

Acquisition-Related Expansion

Pittsburgh

MSA Acquisition Expansion

ANNB Acquisition

Pending

PVFC Acquisition

Pittsburgh

Hermitage

State College

Harrisburg

Cleveland

Scranton

Philadelphia

Erie

Baltimore

Baltimore MSA

Pittsburgh MSA

Cleveland MSA

ANNB

Acquisition

Completed

April 6, 2013

PVFC Acquisition

Target

Completion

October 2013

th

Acquisition History Since 2007

24

2007

2008

2009

2010

2011

2012

1Q13

Pro-Forma

Omega

$1.8 bn

CBT

$0.6 bn

PVSA

$1.8 bn

ANNB

$0.4 bn

IGB

$0.3 bn

PVFC

$0.8 bn

FNB Total Assets

$ in Billions

Note : Total assets presented on period-end basis

$13.2

$12.0

$9.8

$9.0

$8.7

$8.4

$6.1

Enhanced Organic Growth Opportunities

25

Note: Market population and market households represent current metrics based on respective FNB MSA presence

Data per FNB and/or SNL Financial

Acquisition-

Related

Expansion in

Higher Growth

Markets

Enhances

Organic Growth

Opportunities

26

Strong Operating Results

1Q13 Highlights –

Great Start to 2013

27

Consistent Results

Year-over-year

EPS

growth

of

5%

(1)

Year-over-year revenue growth

Consistent loan growth driven by C&I lending

Stable net interest margin

Good asset quality results

Positive trends seen in fee-based businesses

Electronic Delivery Strategy

Completed infrastructure build-out of e-delivery

strategy, now offer complete suite of electronic

banking options

Competitive Advantage: Aggressive pursuit of

households, enhanced retention, lower delivery

costs, enhanced cross-sell opportunities

Expanded Footprint

Seamless integration of Annapolis Bancorp

Announced PVF Capital acquisition

Significant opportunity to leverage strong

commercial platform

Deploy proven cross-functional sales

management model

Success attracting talent in new markets

Solid Operating Results

Continued Execution of

Reposition and Reinvest Strategy

(1)Operating basis, refer to Appendix for details

1Q13 Operating Highlights

28

Current

Quarter

1Q13

Prior

Quarter

4Q12

Prior Year

Quarter

1Q12

Earnings

(1)

Net income –

operating

$28,767

$32,116

$26,524

Earnings

per

diluted

share

-

operating

$0.20

$0.23

$0.19

Profitability

Performance

ROTE

(1)

17.46%

19.51%

17.78%

ROTA

(1)

1.08%

1.18%

1.04%

Net interest margin

3.66%

3.66%

3.74%

Efficiency ratio

59.8%

55.5%

60.4%

Strong Organic Growth

Balance Sheet Trends

(2)

Total loan growth

7.1%

6.0%

1.4%

Commercial loan growth

10.8%

7.6%

3.6%

Consumer loan growth

6.1%

11.7%

2.6%

Transaction

deposits

and

customer

repo

growth

(3)

2.6%

11.9%

8.9%

(1) Adjusted results, refer to Appendix for GAAP to Non-GAAP Reconciliation details; (2)Average, annualized linked quarter organic growth results (organic

reflects adjustments for balances acquired via the Parkvale 1Q12); (3) Excludes time deposits

Balance Sheet Highlights

29

Average Balances, $ in millions

1Q13

Linked-Quarter

Growth

(1)

(1Q13-4Q12)

Year-over-Year

Growth

(1Q13-1Q12)

1Q13 Highlights

Balance

$

%

$

%

Securities

$2,254

-$1.3

-0.2%

$159.6

7.6%

Strong linked quarter and year-

over-year loan growth

Sustained loan growth momentum

Commercial loan growth driven by

C&I growth

Solid consumer loan growth results

Attractive deposit mix

Lower cost, relationship-

focused transaction deposits

and customer repurchase

agreements = 75% of total

deposits and customer

repurchase

agreements

(4)

Total loans

$8,189

$140.8

7.1%

$410.9

5.3%

Commercial loans

$4,469

$115.9

10.8%

$294.6

7.1%

C&I loans

$1,657

$89.2

23.1%

$249.1

17.7%

Consumer loans

(2)

$2,571

$37.9

6.1%

$231.2

9.9%

Residential mortgage loans

$1,111

-$12.0

-4.3%

-$111.9

-9.2%

Earning assets

$10,473

$52.7

2.1%

$502.3

5.0%

Total deposits and customer

repos

$9,938

-$36.4

-1.5%

$338.1

3.5%

Transaction deposits and

customer repos

(3)

$7,444

$48.2

2.6%

$658.3

9.7%

Time Deposits

$2,494

-$84.5

-13.3%

-$320.2

-11.4%

(1)%

growth

annualized;

(2)Includes

Direct

Installment,

Indirect

Installment

and

Consumer

LOC

portfolios;

(3)Excludes time deposits; (4)Period-end as of March 31, 2013.

Net Interest Margin Trends

30

Net Interest Margin Trends

Asset Quality Results

(1)

31

$ in thousands

1Q13

4Q12

1Q12

1Q13 Highlights

NPL’s+OREO/Total loans+OREO

1.59%

1.60%

2.22%

Consistent, solid performance with

continued favorable trends

Total delinquency improved from 4Q12 and

1Q13

1Q13 Provision for loan losses

$6.4 million for the originated portfolios

$1.2 million for the acquired portfolios

Reserve position directionally consistent

with performance

Allowance for loan losses to total non-

performing loans continues to increase

Total delinquency

1.45%

1.64%

2.03%

Provision

for

loan

losses

(2)

$7,541

$9,274

$6,572

Net

charge-offs

(NCO’s)

(2)

$4,213

$7,614

$5,141

NCO’s/Total

average

loans

(2)

0.21%

0.38%

0.27%

NCO’s/Total average originated loans

0.22%

0.45%

0.32%

Allowance for loan losses/

Total loans

1.39%

1.38%

1.55%

Allowance for loan losses/

Total non-performing loans

124.80%

123.88%

92.95%

(1)

Metrics

shown

are

originated

portfolio

metrics

unless

noted

as

a

total

portfolio

metric.

“Originated

portfolio”

or

“Originated

loans”

excludes

loans

acquired

at

fair

value

and

accounted

for

in

accordance

with

ASC

805

(effective

January

1,

2009),

as

the

risk

of

credit

loss

has

been

considered

by

virtue

of the Corporation’s estimate of fair value.

(1)

Total portfolio metric

Capital Position

32

Regulatory

“Well-Capitalized”

12.2%

10.6%

8.3%

6.1%

12.3%

10.7%

8.4%

6.2%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

Total Risk-Based

Tier One

Leverage

Tangible Common Equity

December 31, 2012

March 31, 2013

33

Investment Thesis

Long-Term Investment Thesis

34

Long-Term Investment Thesis:

Targeted EPS Growth

5-6%

Expected Dividend Yield

(Targeted Payout Ratio 60-70%)

4-6%

FNB’s long-term investment thesis reflects a commitment to efficient capital management

and creating value for our shareholders

Total Shareholder Return

9-12%

High-Performing Financial Institution

35

Notes:  Data per SNL Financial and FNB.  Year-to-date performance represents 1Q13.  Relative valuation metrics and total return as of May 16, 2013. 

FNB

ROTCE

represents

operating

ROTCE

–

refer

to

Supplemental

Information.

Assets             

($ billions)

ROTCE (%)

Efficiency

Ratio (%)

Net Charge-

Offs (%)

Net

Interest

Margin (%)

Price/TBV (x)

Price/ 2014E

EPS (x)

Dividend

Yield (%)

Total Return

3 Yr (%)

Peer Median Results

Regional Peer Group

$16.1

11.24

62.5

0.37

3.32

1.58x

13.85x

2.35

15.78

Top 100 Banks/Thrifts Based on Asset Size

$13.1

11.60

62.2

0.27

3.45

1.58x

13.32x

2.37

19.94

Top 100 Trading at > 2.0x Tangible Book

$12.8

14.16

55.5

0.22

3.71

2.24x

13.54x

2.67

35.08

F.N.B. Corporation

$12.0

17.46

59.8

0.21

3.66

2.34x

13.01x

4.10

45.96

1Q13 Performance

Relative Valuation/Total Return

Consistent Operating Results

36

0.00%

0.05%

0.10%

0.15%

0.20%

0.25%

Regional Peer Median

FNB

ROAA Volatility

FNB =  80% Percentile

0.000%

0.005%

0.010%

0.015%

0.020%

0.025%

0.030%

0.035%

0.040%

0.045%

0.050%

Regional Peer Median

FNB

Revenue/Avg Assets Volatility

FNB = 96% Percentile

Data per FNB and/or SNL Financial

Refer to Supplemental Information for peer listing

FNB’s ability to deliver consistent operating results exceeds peer results

FNB

and

Peer

Volatility

(Standard

Deviation

1Q10

–

1Q13)

Attractive Relative Valuation

37

nsensus estimates for FNB and peers

as of 3/31/2013; (2) As of May 16, 2013

FNB has a modest P/E valuation relative to peers given its higher-quality earnings stream,

stronger dividend yield and future growth potential

FNB

Regional Peer

Group Median

Top 100

Banks/Thrifts

Median

(1)

Price/Earnings

Ratio

(2)

FY13 Consensus EPS (FNB=$0.84)

13.9x

14.4x

14.0x

FY 14 Consensus EPS (FNB=$0.90)

13.0x

13.8x

13.3x

Price/Tangible Book Value

(2)

2.3x

1.6x

1.6x

Price/Book Value

(2)

1.2x

1.1x

1.2x

Dividend Yield

(2)

4.1%

2.4%

2.4%

Price/TBV Trends

(1) Market data per SNL Financial as May 16, 2013.  Refer to Supplemental Information for regional peer listing.  Top 100 represents the top 100 U.S. banks

and thrifts by total assets as of 3/31/2013

38

FNB

consistently

trades

at

a

premium

to

peers

on

price

to

tangible

book

value

per

share

(1)

Dividend Yield Trends

39

FNB’s dividend yield remains well above peer levels

(1)

(1) Market data per SNL Financial as May 16, 2013.  Refer to Supplemental Information for regional peer listing.  Top 100 represents the top 100 U.S. banks

and thrifts by total assets as of 3/31/2013

ROATE and  P/TBV Analysis

Where a bank trades relative to tangible book value is highly correlated

with its projected return on tangible capital

Source: SNL Financial as of 5/16/2013; Note: Data set above includes FNB’s regional peer group; (1) R-squared represents the percentage of the variation in

price to tangible book value (P/TBV) that can be explained by variation in 2014E projected return on average tangible equity (ROATE); (2) Based on

consensus mean estimates for FY2014.

40

R²

= 0.7717

2%

4%

6%

8%

10%

12%

14%

16%

18%

20%

0.50x

0.75x

1.00x

1.25x

1.50x

1.75x

2.00x

2.25x

2.50x

2.75x

Price/Tangible Book Value

Favorable Long-Term Total Return

41

Three-Year Total Shareholder Return Results

(1)

21%

20%

46%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

Top 100 Banks and Thrifts

Regional Peers

FNB

(1) Market data per SNL Financial as May 16, 2013.  Refer to Supplemental Information for regional peer listing.  Top 100 represents the top 100 U.S. banks

and thrifts by total assets as of 3/31/2013

42

Supplemental Information

43

Supplemental Information Index

Diversified Loan Portfolio

Deposits and Customer Repurchase Agreements

Investment Portfolio

Loan Risk Profile

Regency Finance Company Profile

Marcellus and Utica Shale Exposure and Focus

Regional Peer Group Listing

GAAP to Non-GAAP Reconciliation

First Quarter 2013 Earnings Release (April 23, 2013)

Diversified Loan Portfolio

44

Note: Balance, CAGR and % of Portfolio based on period-end balances

3/31/2013

CAGR

% of Portfolio

($ in millions)

Balance

12/08-

3/13

12/31/08

3/31/2013

C&I

$1,711

13.2%

16%

21%

CRE:  Non-Owner Occupied

1,349

8.3%

17%

16%

CRE:  Owner Occupied

1,274

3.8%

16%

15%

Commercial Leases

132

21.4%

1%

2%

Total Commercial

$4,466

8.9%

50%

54%

Consumer Home Equity

1,774

9.4%

21%

22%

Residential Mortgage

1,027

16.5%

10%

12%

Indirect

561

2.6%

9%

7%

Other

158

2.6%

3%

2%

Regency

168

1.3%

2%

2%

Florida

55

-25.7%

5%

1%

Total Loan Portfolio

$8,209

8.1%

100%

100%

Well diversified portfolio

Strong growth results driven by commercial loan growth

$8.2 Billion Loan Portfolio

March 31, 2013

C&I + Owner Occupied CRE

= 36% of Total Loan

Portfolio

Commercial &

Industrial 21%

Consumer

Home Equity 

22%

Residential

Mortgage  12%

Indirect  7%

Other  2%

Regency  2%

Florida  1%

Commercial

Leases 2%

CRE: Non-

Owner

Occupied  16%

CRE: Owner

Occupied  15%

Deposits and Customer Repurchase Agreements

45

Note: Balance, CAGR and % of Portfolio based on period-end balances; (1) Transaction deposits include savings, NOW, MMDA and non-interest

bearing deposits; (2) December 31, 2008 through March 31, 2013

3/31/2013

CAGR

Mix %

($ in millions)

Balance

12/08-

3/13

12/31/08

3/31/2013

Savings, NOW, MMDA

$4,715

12.9%

44%

47%

Time Deposits

2,443

1.2%

36%

25%

Non-Interest Bearing

1,793

17.0%

14%

18%

Customer Repos

1,000

23.0%

6%

10%

Total Deposits and

Customer Repo Agreements

$9,952

10.7%

100%

100%

Transaction

Deposits

(1)

and

Customer Repo Agreements

$7,508

15.0%

64%

75%

Loans to Deposits and Customer Repo Agreements Ratio =

82% March 31, 2013

New client acquisition and relationship-based focus reflected in favorable deposit mix

–

15.0%

average

growth

for

transaction

deposits

and

customer

repo

agreements

(2)

–

75%

of

total

deposits

and

customer

repo

agreements

are

transaction-based

deposits

(1)

$10.0 Billion Deposits and

Customer Repo Agreements

March 31, 2013

Non-Interest

Bearing 18%

Savings, NOW,

MMDA 47%

Customer

Repos 10%

Time Deposits

25%

%

Ratings

($

in

millions

(1)

)

Portfolio

Investment %

Agency MBS

$927

40%

AAA

100%

Highly Rated $2.3 Billion Investment Portfolio

March 31, 2013

CMO Agency

725

32%

AAA 

100%

Agency Senior Notes

398

17%

AAA

100%

Municipals

163

7%

AAA

AA

A

BBB

3%

47%

49%

1%

Trust Preferred

(2)

31

1%

A

BBB

BB

B

CCC

C

2%

5%

14%

16%

8%

55%

Short Term

15

1%

AAA

100%

CMO Private Label

12

1%

AA

A

BBB

BB   

23%

17%

29%

31%

Corporate

15

1%

A

BBB

70%

30%

Bank Stocks

2

-

Non-Rated

Commercial MBS

1

-

AAA

100%

US Treasury

1

-

AAA

100%

Total Investment Portfolio

$2,289

100%

Investment Portfolio

46

(1) Amounts reflect GAAP; (2) Original cost of $ 105 million, adjusted cost of $44 million, fair value of $31 million

94%

of

total

portfolio

rated

AA

or

better,

98%

rated

A

or

better

Relatively

low

duration

of

2.8

Municipal bond portfolio

–

Highly rated with an average rating of AA and 99% of

the portfolio rated A or better

–

General obligation bonds = 99.5% of portfolio

–

77.1% from municipalities located throughout

Pennsylvania

47

Loan Risk Profile

(1)

Originated portfolio metric

$ in millions

Balance

3/31/2013

% of Loans

NPL's/Loans

(1)

Net Charge-

Offs/Loans

(1)

Total Past

Due/Loans

(1)

Commercial and Industrial

$1,710,798

20.8%

0.61%

-0.03%

0.77%

CRE:  Non-Owner Occupied

1,349,235

16.4%

1.16%

0.52%

1.45%

CRE:  Owner Occupied

1,273,851

15.5%

1.79%

0.14%

2.13%

Home Equity and Other Consumer

1,902,167

23.2%

0.54%

0.20%

0.84%

Residential Mortgage

1,026,509

12.5%

1.21%

0.05%

2.29%

Indirect Consumer

560,594

6.8%

0.18%

0.39%

0.95%

Regency Finance

167,586

2.0%

4.01%

4.01%

3.20%

Commercial Leases

131,501

1.6%

0.50%

-0.02%

1.59%

Florida

55,438

0.7%

21.21%

-7.27%

21.21%

Other

31,608

0.4%

0.00%

1.22%

0.12%

Total

$8,209,286

100.0%

1.11%

0.22%

1.45%

Conservatively run consumer finance business with over 80 years of consumer lending experience

Good credit quality: Year-to-date net charge-offs to average loans of 3.95%

Strong returns: 1Q13 : ROA 3.86%, ROE 42.52%, ROTE 47.87%

Regency Finance Company Profile

48

Regency Finance Company

$168 Million Loan Portfolio

86% of Real Estate Loans are First Mortgages

58.7%

27.6%

13.7%

Direct

Real Estate

Sales

Finance

Marcellus and Utica Shale Exposure

49

(1)

Sources:

www.marcellus.psu.edu,

retrieved

May

3,

2013;

(2)

www.dnr.state.oh.us,

retrieved

May

31,

2012;

(3)

Sterne

Agee

June

7,

2010

and

FBR

Capital

Markets, March 2, 2011.

FNB Banking Locations

Pennsylvania

Ohio

FNB is well-positioned in the Marcellus Shale and Utica

Shale regions with a Pennsylvania footprint that closely

aligns with the Marcellus Shale concentration and

exposure to the Utica Shale region in Ohio.

FNB has been noted by analysts as being one of the

best geographically positioned banks to benefit from

the Marcellus Shale.

(3)

This presents opportunity for FNB given the expected

positive economic lift across much of FNB’s footprint.

Ohio Utica Shale Well Locations

(2)

Marcellus and Utica Shale FNB Strategic Focus

50

Opportunity for FNB relates to potential indirect and induced economic benefits across footprint

Direct Effect:

Oil and Gas

Directly associated with the extraction, processing and

delivery of the gas

Drilling, extraction and support activities

Indirect Effect:

Supply Chain

Provides goods and services to the energy industry

e.g.: Iron and steel, transportation, commodity traders,

heavy equipment, surveyors, utilities, rig parts,

attorneys, real estate, machinery manufacturers, etc.

Induced Benefit:

Consumption

Resulting benefit to industries and individuals from positive

direct and indirect effects

e.g.: Higher education, travel, housing, food and drink,

entertainment, utilities, etc.

FNB

Strategic Focus:

Supply Chain and

Consumption

Regional Peer Group Listing

51

Ticker

Institution

Ticker

Institution

ASBC

Associated Bancorp

ONB

Old National Bancorp

AF

Astoria Financial Corporation

PVTB

Private Bancorp, Inc.

CBSH

Commerce Bancshares, Inc.

SUSQ

Susquehanna Bancshares, Inc.

FMER

First Merit Corp.

UMBF

UMB Financial Corp.

FULT

Fulton Financial Corporation

VLY

Valley National Bancorp

MBFI

MB Financial, Inc

WBS

Webster Financial Corporation

NPBC

National Penn Bancshares, Inc.

WTFC

Wintrust Financial Corporation

GAAP to Non-GAAP Reconciliation

52

Operating: Earnings, Return on Avg Tangible Equity, Return on Avg Tangible Assets

March 31, 2013

December 31, 2012

March 31, 2012

2012

2011

2010

Operating net income

Net income

$28,538

$28,955

$21,582

$110,410

$87,047

$74,652

Add: Merger and severance costs, net of tax

229

(3)

4,943

5,203

3,238

402

Add: Litigation settlement accrual, net of tax

-

1,950

1,950

Add: Branch consolidation costs, net of tax

-

1,214

1,214

Less: Gain on sale of building, net of tax

942

Less: One-time pension expense credit, net of tax

6,853

Operating net income

$28,767

$32,116

$26,524

$117,835

$90,285

$68,201

Operating diluted earnings per share

Diluted earnings per share

$0.20

$0.21

$0.15

$0.79

$0.70

$0.65

Add: Merger and severance costs, net of tax

0.00

(0.00)

0.04

0.04

0.03

0.00

Add: Litigation settlement accrual, net of tax

-

0.01

-

0.01

-

-

Add: Branch consolidation costs, net of tax

-

0.01

-

0.01

-

-

Less: Gain on sale of building

0.01

-

-

Less: One-time pension expense credit

-

-

-

-

-

0.06

Operating diluted earnings per share

$0.20

$0.23

$0.19

$0.84

$0.72

$0.60

Operating return on average tangible equity

Operating net income (annualized)

$116,668

$127,762

$106,681

$117,835

$90,285

$68,201

Amortization of intangibles, net of tax (annualized)

5,237

5,800

5,964

5,938

4,698

4,364

$121,904

$133,562

$112,645

$123,773

$94,983

$72,565

Average shareholders' equity

$1,410,827

$1,400,429

$1,352,569

$1,376,493

$1,181,941

$1,057,732

Less: Average intangible assets

712,466

715,962

719,195

717,031

599,851

564,448

Average tangible equity

$698,361

$684,467

$633,375

$659,462

$582,090

$493,284

Operating return on average tangible equity

17.46%

19.51%

17.78%

18.77%

16.32%

14.71%

Operating return on average tangible assets

Operating net income (annualized)

$116,668

$127,762

$106,681

$117,835

$90,285

$68,201

Amortization of intangibles, net of tax (annualized)

5,237

5,800

5,964

5,938

4,698

4,364

$121,904

$133,562

$112,645

$123,773

$94,983

$72,565

Average total assets

$12,004,759

$11,988,283

$11,563,665

$11,782,821

$9,871,164

$8,906,734

Less: Average intangible assets

712,466

715,962

719,195

717,031

599,851

564,448

Average tangible assets

11,292,292

$           

11,272,320

$           

10,844,470

$           

11,065,790

$

9,271,313

$ 

8,342,286

$ 

Operating return on average tangible assets

1.08%

1.18%

1.04%

1.12%

1.02%

0.87%

For the Quarter Ended

Year Ended December 31,