Bank of New York Mellon Corp Buys New Position in FNB, Inc. $FIDS

Bank of New York Mellon Corp acquired a new stake in shares of FNB, Inc. (OTCMKTS:FIDS) during the second quarter, Holdings Channel.com reports. The fund acquired 2,846,661 shares of the company’s stock, valued at approximately $54,314,000.

FNB Stock Performance

Shares of FNB stock opened at $24.50 on Thursday. FNB, Inc. has a 1-year low of $20.85 and a 1-year high of $30.00. The business has a 50-day moving average of $27.75 and a 200-day moving average of $26.95.

FNB Profile

FNB, Inc operates as the bank holding company for The First National Bank of Dennison that provides personal and business banking products in Ohio. Its products and services include checking, savings, certificates of deposit, and individual retirement accounts; debit cards; and cash management, merchant card processing, night depository, overdraft protection, safe deposit boxes, and mobile and online banking services. The company also offers various loans comprising agricultural loans, commercial loans, construction loans, fixed rate and variable rate mortgages, installment loans, and home equity loans.