Key Details
Price
$197.50Last Dividend
$1.60Annual ROE
11.15%Beta
0.84Events Calendar
Next earnings date:
Apr 15, 2025Recent quarterly earnings:
Jan 16, 2025Recent annual earnings:
Jan 16, 2025Next ex-dividend date:
N/ARecent ex-dividend date:
Jan 15, 2025Next split:
N/ARecent split:
Nov 16, 1992Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
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Institutional Ownership
Dividends are a major advantage of being a shareholder, but identifying a good dividend stock can be challenging. Is The PNC Financial Services Group, Inc (PNC) a strong contender?
PNC Financial Service Group is set to launch a new online banking platform, which will work alongside its investments in new branch openings and renovations, according to bank executives on Thursday (Jan. 16).
The financial results for The PNC Financial Services Group (PNC) from the quarter ending in December 2024 provide insight into the company's performance. It may be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.
In the fourth quarter of 2024, PNC Financial Services Group reported a net income of $1.6 billion, resulting in a diluted earnings per share of $3.77. The net interest income rose by 3%, while the net interest margin improved by 11 basis points. However, fee income fell by 4% due to high activity in residential mortgages and capital markets in the previous quarter.
The PNC Financial Services Group, Inc. (NYSE:PNC) will hold its Q4 2024 Earnings Conference Call on January 16, 2025, at 10:00 AM ET. Key company participants include Bryan Gill, Bill Demchak, and Rob Reilly, while analysts from various financial institutions will also join the call. Currently, all attendees are in listen-only mode.
PNC's earnings for the fourth quarter are boosted by high fee income, increased deposit balances, and reduced expenses. However, a drop in loan balances is still a worry in the short term.
PNC's results for the fourth quarter of 2024 are expected to improve due to an increase in net interest income. However, there are worries about rising expenses and a decrease in fee income.
PITTSBURGH, Jan. 3, 2025 /PRNewswire/ -- The board of directors at The PNC Financial Services Group, Inc. (NYSE: PNC) has announced a quarterly cash dividend of $1.60 for each share of common stock. This dividend will be paid on February 5, 2025, to shareholders who are on record as of the end of business on January 15, 2025.
The PNC Financial Services Group (PNC) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.
PNC has increased by 26.8% over the past six months. Let's explore the reasons for the positive feelings among investors and see if this stock is a good investment for 2025.
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