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F.N.B. to Present at NYC Investor Conference
HERMITAGE, Pa. -- F.N.B. Corp. (NYSE:FNB) announced today it will participate as a presenter at an investor conference July 28 in New York sponsored by Keefe, Bruyette & Woods Inc., an investment banking firm.Stephen Gurgovits, president and chief executive officer of F.N.B., and Brian Lilly, chief financial officer, will make a 20-minute presentation regarding the company's business strategy and financial performance.Keefe, Bruyette & Woods was formerly headquartered at the World Trade Center, and lost one third of its staff on Sept. 11, 2001, including its chairman, Joseph Berry. The firm has been rebuilding, and plans to begin covering European companies from a new London office in 2004. F.N.B., with total assets of $4.8 billion, provides of banking, wealth management, insurance, and consumer finance services in western Pennsylvania and eastern Ohio. The company's affiliates include First National Bank of Pennsylvania, First National Trust Co., First National Investment Services Co., F.N.B. Investment Advisors Inc., First National Insurance Agency Inc., and Regency Finance Co. It also operates consumer finance offices in Tennessee.The company has increased dividend payments for 30 consecutive years.This week F.N.B. reported net income for the second quarter of $15.1 million or 32 cents per share. This compares to net income from continuing operations of $14.1 million,or 30 cents per share, for the second quarter of 2003, a 6.7% increase. Net income for the first half of 2004 increased $2.6 million over the 2003 period, from $28.7 million, or 61 cents per share, from continuing operations in 2003 to $31.3 million, or 66 cents per share, in 2004. During the first half of 2004, the corporation realized an after-tax gain of $2.7 million from the sale of two branch offices.Visit F.N.B Corp. at www.fnbcorporation.com"