Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
17 November 1975Website:
http://www.pnc.comNext earnings report:
16 January 2025Last dividends:
16 October 2024Next dividends:
N/APrice
regular market | 7 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
PNC Latest News
Here is how The PNC Financial Services Group, Inc (PNC) and The Bank of New York Mellon Corporation (BK) have performed compared to their sector so far this year.
PITTSBURGH, Oct. 30, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) has announced that it will redeem $500 million of Depositary Shares on December 2, 2024. These shares represent interests in PNC's Fixed-To-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series R. Each Depositary Share corresponds to a 1/100th interest in a share of the Series R Preferred Stock.
Leading economists share their views on the chances of a recession in the U.S., growth in Arizona, and uncertainties around the world. This discussion took place in Tempe, Arizona.
PITTSBURGH, Oct. 25, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) has announced that President Michael P. Lyons and Executive Vice President and Chief Financial Officer Robert Q.
PITTSBURGH, Oct. 22, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) has announced that it will redeem all of its Senior Floating Rate Bank Notes, worth $200,000,000, on Nov. 4, 2024. These notes were issued by PNC Bank, National Association and were originally set to mature on Dec. 2, 2024.
Is The PNC Financial Services Group, Inc (PNC) a strong choice for momentum investors? Let's take a closer look.
On Tuesday, October 15, PNC Financial Services Group announced that it is ready for an increase in lending following the Federal Reserve's interest rate cut in September. This statement comes after the conclusion of the third quarter, which ended in September.
In the third quarter of 2024, PNC Financial Services Group, Inc. reported adjusted earnings per share of $3.49, which was higher than the Zacks Consensus Estimate of $3.29. This is a decrease compared to the same quarter last year, when the earnings per share were $3.60.
The financial results for The PNC Financial Services Group (PNC) for the quarter ending in September 2024 provide insight into the company's performance. It may also be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.
On Tuesday, PNC Financial announced a 4% decrease in its net profit for the third quarter. This decline was due to lower earnings from customer interest payments and an increase in the amount of capital reserved for loans that might not be paid back in a shaky economy.
What type of business is PNC Financial Services?
PNC Financial Services Group is one of the largest banking holdings in the USA with headquarters in Pittsburgh, Pennsylvania. The activities of The PNC Financial Services Group have several directions: - Retail banking services - provides deposit, credit, brokerage, insurance services, investment management products and services, and cash management services for consumers and small business clients. - Corporate and institutional banking - provides loans, as well as products and services related to capital markets. - Asset management - provides services for managing clients' personal capital, as well as institutional asset management. - BlackRock - The PNC Financial Services Group invests in the equity capital of BlackRock, Inc.
What sector is PNC Financial Services in?
PNC Financial Services is in the Financial Services sector
What industry is PNC Financial Services in?
PNC Financial Services is in the Banks - Regional industry
What country is PNC Financial Services from?
PNC Financial Services is headquartered in United States
When did PNC Financial Services go public?
PNC Financial Services initial public offering (IPO) was on 17 November 1975
What is PNC Financial Services website?
https://www.pnc.com
Is PNC Financial Services in the S&P 500?
Yes, PNC Financial Services is included in the S&P 500 index
Is PNC Financial Services in the NASDAQ 100?
No, PNC Financial Services is not included in the NASDAQ 100 index
Is PNC Financial Services in the Dow Jones?
No, PNC Financial Services is not included in the Dow Jones index
When was PNC Financial Services the previous earnings report?
No data
When does PNC Financial Services earnings report?
The next expected earnings date for PNC Financial Services is 16 January 2025