First National Bank

Pittsburgh, United States Founded: 1864 • Age: 162 yrs
Commercial banking services are provided across the United States.
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About First National Bank

First National Bank is a company based in Pittsburgh (United States) founded in 1864. It operates as a Professional Services, and Commission-Based. First National Bank has raised $56.27 million across 1 funding round. The company has 4,100 employees as of December 31, 2022. First National Bank has completed 7 acquisitions, including Dovermortgage, First National Bank and Howard Bank. First National Bank offers products and services including Personal Banking, Business Banking, and Wealth Management. First National Bank operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.

  • Headquarter Pittsburgh, United States
  • Employees 4100 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name First National Bank Of Pennsylvania
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
    $4.26 M
    1454
    as on Dec 31, 2011
  • EBITDA
    $77 K
    -87
    as on Dec 31, 2012
  • Total Equity Funding
    $56.27 M (USD)

    in 1 rounds

  • Latest Funding Round
    $56.27 M (USD), Series C

    Nov 15, 2012

  • Investors
  • Employee Count
    4100

    as on Dec 31, 2022

  • Investments & Acquisitions
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IPO & Listings of First National Bank

First National Bank is a publicly listed company on the NYSE with ticker symbol FNB in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: FNB . Sector: Finance · USA

Products & Services of First National Bank

First National Bank offers a comprehensive portfolio of products and services, including Personal Banking, Business Banking, and Wealth Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Personal accounts and loans are offered for individuals.

Financial solutions are provided for business growth needs.

Investment solutions are tailored for diverse client needs.

People of First National Bank
Headcount 1000-5000
Employee Profiles 390
Employee Profiles
People
Steven Soto
Branch Manager
People
Sasha Smith
Branch Manager
People
Jack Yeager
Vice President- Relationship Manager (business, Commercial, Public Finance Lending)
People
Krutesh Trivedi
Senior Vice President, Relationship Manager

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Funding Insights of First National Bank

First National Bank has successfully raised a total of $56.27M through 1 strategic funding round. The most recent funding activity was a Series C round of $56.27 million completed in November 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series C — $56.3M
  • First Round

    (15 Nov 2012)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2012 Amount Series C - First National Bank Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by First National Bank

First National Bank has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Dovermortgage, First National Bank and Howard Bank. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Financial services are provided by Metro-Bancorp in Hong Kong.
2011
Full-service investment banking is provided by Raptor Partners.
2005
Commercial bank
2004
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - First National Bank

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

First National Bank Comparisons

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Competitors of First National Bank

First National Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, Investec, Equity Bank, Citi and KeyBank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Wealth advisory and banking services are offered to clients.
domain founded_year HQ Location
Global banking, investment, and wealth management services are offered worldwide.
domain founded_year HQ Location
Commercial banking services are provided to businesses and individuals.
domain founded_year HQ Location
Diversified financial services are offered through commercial banking operations.
domain founded_year HQ Location
Regional bank
domain founded_year HQ Location
Diversified financial services are offered through commercial banking operations.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on First National Bank

Frequently Asked Questions about First National Bank

When was First National Bank founded?

First National Bank was founded in 1864 and raised its 1st funding round 148 years after it was founded.

Where is First National Bank located?

First National Bank is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.

Who is the current CEO of First National Bank?

Vincent J Delie is the current CEO of First National Bank.

Is First National Bank a funded company?

First National Bank is a funded company, having raised a total of $56.27M across 1 funding round to date. The company's 1st funding round was a Series C of $56.27M, raised on Nov 15, 2012.

How many employees does First National Bank have?

As of Dec 31, 2022, the latest employee count at First National Bank is 4,100.

What does First National Bank do?

First National Bank is involved in offering a wide range of banking and financial services across multiple states in the United States. Personal banking solutions, including checking and savings accounts, loans, and investments, are provided to individuals. Business banking services, such as deposit accounts, lending, and treasury management, are tailored for corporate clients. Additionally, wealth management, insurance, and international banking services are offered to diverse clientele. Operations are conducted in sectors like retail banking, commercial banking, and financial advisory, with a focus on customized financial solutions.

Who are the top competitors of First National Bank?

First National Bank's top competitors include Truist, Investec and Citi.

What products or services does First National Bank offer?

First National Bank offers Personal Banking, Business Banking, and Wealth Management.

Is First National Bank publicly traded?

Yes, First National Bank is publicly traded on NYSE under the ticker symbol FNB.

How many acquisitions has First National Bank made?

First National Bank has made 7 acquisitions, including Dovermortgage, First National Bank, and Howard Bank.

What is First National Bank's ticker symbol?

The ticker symbol of First National Bank is FNB on NYSE.

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