The PNC Financial Services Group, Inc. (PNC) Latest Stock News & Headlines - Yahoo Finance (2024)

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NYSE - Nasdaq Real Time Price USD

154.60 +0.44 (+0.29%)

At close: June 5 at 4:00 PM EDT

154.90 +0.30 (+0.19%)

After hours: June 5 at 7:49 PM EDT

All SEC Filings

Corporate Changes & Voting Matters

Periodic Financial Reports

Proxy Statements

Tender Offer/Acquisition Reports

Offering Registrations

  • BNY Mellon (BK) Expands Indexing Suite, Launches Tax Solutions BNY Mellon (BK) expands its direct indexing suite and launches customized tax solutions.

    Zacks 9 hours ago

    BK +0.03% PNC +0.29% FITB +0.58%
  • Forbes Reveals You're Probably Overpaying for Auto Insurance You could grab deep discounts on car insurance if you’re currently insured, have 3 years without a ticket, no DUIs, and drive less than 50 miles...

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  • PNC Bank Launches $120,000 Scholarship Program to Expand Access to Higher Education PNC Bank today introduced an enhanced program that will award $10,000 scholarships to 12 deserving students attending or planning to attend college across the country.

    PR Newswire 13 hours ago

    PNC +0.29%
  • The PNC Financial Services Group Announces Second Quarter Conference Call Details The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the second quarter 2024 at approximately 6:30 a.m. (ET), Tuesday, July 16, 2024, as previously announced. PNC Chairman and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 10 a.m. (ET).

    PR Newswire yesterday

    PNC +0.29%
  • PNC Executive To Speak At Morgan Stanley Investor Conference The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Executive Vice President and Chief Financial Officer Robert Q. Reilly will discuss business performance and strategy at 1 p.m. (ET) Tuesday, June 11, at the Morgan Stanley US Financials Conference in New York City.

    PR Newswire 2 days ago

    PNC +0.29%
  • Sesame Workshop’s 21st Annual Benefit Celebrates the Life-Changing Power of Early Education, Honoring Shonda Rhimes and PNC Financial Services Group The event also featured host Leslie Odom Jr., special guests Oprah Winfrey, John Oliver and Andra Day, and the Sesame Street Muppets. NEW YORK, NY / ACCESSWIRE / June 3, 2024 / Sesame Workshop, the global impact nonprofit behind Sesame Street, hosted ...

    ACCESSWIRE 2 days ago

    PNC +0.29%
  • Buying Nvidia? Wall Street Legend Issues Urgent A.I....

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  • Is The PNC Financial Services Group, Inc. (NYSE:PNC) The Best Local Bank Stock? Local bank stocks in the US have been among some of the most watched over the past few years. This is because of high interest rates, which offer banks the ability to make more money but also create risks of high costs and portfolio sustainability. Within this turmoil, local bank stock performance has been mixed. […]

    Insider Monkey 14 days ago

    PNC +0.29%
  • Goldman (GS) Plans to Expand Private Equity Credit Lines Goldman (GS) intends to expand its lending services to private equity and asset managers, capitalizing on a potentially thriving market driven by increased fundraising.

    Zacks 16 days ago

    GSC PNC +0.29%
  • Best Dishes: Lessons in Leadership with Chef Jet Tila - a PNC AAPI Heritage Month Event NORTHAMPTON, MA / ACCESSWIRE / May 17, 2024 / The PNC Financial Services GroupRegister Now Born into the "first family" of Thai food in Los Angeles, California, Jet comes from a family of entrepreneurs who established the first Thai markets and restaurants ...

    ACCESSWIRE 19 days ago

    PNC +0.29%
  • The PNC Financial Services Group (PNC) Up 9.6% Since Last Earnings Report: Can It Continue? The PNC Financial Services Group (PNC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

    Zacks 20 days ago

    PNC +0.29% C
  • Who Normally Has the Cheapest Car Insurance?

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  • PNC Executives To Speak At Bernstein Conference The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q. Reilly will discuss business performance and strategy at 1:30 p.m. (ET) Wednesday, May 29, at the Bernstein Strategic Decisions Conference in New York City.

    PR Newswire 21 days ago

    PNC +0.29%
  • 20 Largest Publicly Traded Financial Companies in the US In this article, we will be taking a look at the 20 largest publicly traded financial companies in the US. If you want to skip our detailed analysis, you can go directly to see the 5 Largest Publicly Traded Financial Companies in the US. Navigating the Financial Landscape The finance sector plays a crucial role […]

    Insider Monkey 24 days ago

    JPM GSC MA
  • Wells Fargo (WFC) Unveils Business Credit Card With Cashback Wells Fargo (WFC) launches Signify Business Cash World Elite Mastercard. With 2% unlimited cash rewards on business purchases, the card is likely to stand out among peer offerings.

    Zacks 26 days ago

    WFC MA PNC +0.29%
  • 20 Largest Banks in the US by Customers In this article, we will look at the 20 largest banks in the US by customers. If you wish to skip our detailed analysis, you can go directly to 5 Largest Banks in the US by Customers. Banking Industry in the US: An Overview The failure of prominent US banks including Silicon Valley Bank (SVB), […]

    Insider Monkey 27 days ago

    SDAWW JPM GSC
  • Get this great deal from Verizon. Switch to Fios 1 Gig and get $400 off Samsung appliances with a purchase of $798 or more on eligible appliances at The Home Depot®. Terms apply.

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  • 20 Largest Banks in the US by Asset Size in 2024 In this article, we will look at the 20 largest banks in the US by asset size in 2024. If you wish to skip our detailed analysis, you can go directly to 5 Largest Banks in the US by Asset Size in 2024. Overview of the Banking Sector in the US According to the latest […]

    Insider Monkey 27 days ago

    BK +0.03% USB +0.31% STT -0.21%
  • PNC Financial (PNC) Launches Credit Card With Cashback Feature PNC Financial (PNC) unveils its new PNC Cash Unlimited Visa Signature credit card. It is set to offer the bank a competitive edge over its peers.

    Zacks 27 days ago

    PNC +0.29%
  • Insider Sale: Executive Vice President Richard Bynum Sells Shares of PNC Financial Services ... On May 7, 2024, Richard Bynum, Executive Vice President of PNC Financial Services Group Inc (NYSE:PNC), sold 850 shares of the company.

    GuruFocus.com 28 days ago

    PNC +0.29%
  • JPMorgan just gave itself an $8 billion boost An exchange of shares in Visa provides JPMorgan an unrealized gain of $8 billion, giving the nation's largest bank a shot to once again out-earn rivals during the second quarter.

    Yahoo Finance 29 days ago

    JPM PNC +0.29% ^KRX
  • Toe Nail Fungus Discovery Leaves Doctors Speechless (Try...

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  • PNC Financial (PNC), TCW Partner for Private Credit Platform PNC Financial (PNC) partners with TCW to offer private credit solutions to middle-market companies. This will help it tap into the expanding private credit market.

    Zacks 29 days ago

    PNC +0.29%
  • PNC Bank Introduces New Cash Unlimited Visa Signature® Credit Card Offering 2% Cash Back Across All Eligible Purchases PNC Bank announced today the launch of its newest credit card, the PNC Cash Unlimited® Visa Signature credit card. The bank's latest credit card is designed to provide straightforward, valuable rewards to its cardholders with an unlimited 2% cash back on all eligible purchases.

    PR Newswire 29 days ago

    PNC +0.29%
  • PNC, TCW Partner To Expand Capabilities, Create Private Credit Platform The PNC Financial Services Group, Inc. ("PNC"), one of the largest diversified financial institutions in the U.S., and the TCW Group, Inc. ("TCW"), a leading global asset manager, today announced they are partnering to deliver private credit solutions to middle market companies.

    PR Newswire 30 days ago

    PNC +0.29%

Performance Overview

Trailing total returns as of 6/5/2024, which may include dividends or other distributions. Benchmark is S&P 500

Return PNC S&P 500
YTD +1.89% +12.25%
1-Year +30.93% +25.02%
3-Year -10.80% +26.58%
The PNC Financial Services Group, Inc. (PNC) Latest Stock News & Headlines - Yahoo Finance (2024)

FAQs

Why is PNC stock dropping? ›

Key Takeaways

PNC Financial Services Group (PNC) shares lost ground Tuesday as the bank posted a big drop in first-quarter profit and revenue, and offered soft guidance. Net interest income declined 9% from Q1 2023 to $3.26 billion. Noninterest income dropped 7% to $1.88 billion.

Is PNC stock a good buy now? ›

Is PNC a Buy, Sell or Hold? PNC Financial has a consensus rating of Moderate Buy which is based on 8 buy ratings, 8 hold ratings and 2 sell ratings.

Who owns the most stock in PNC Bank? ›

We note that hedge funds don't have a meaningful investment in PNC Financial Services Group. The Vanguard Group, Inc. is currently the largest shareholder, with 9.3% of shares outstanding.

Is PNC Bank financially stable? ›

Tuesday, Oct. 17, 2023 2:49 p.m.

Is PNC Bank in risk of failure? ›

Importantly, PNC and PNC Bank are not in financial distress or in danger of failing. As of September 30, 2022, both PNC and PNC Bank had regulatory capital ratios significantly in excess of the amount required to be considered “well capitalized” under U.S. banking regulations.

Is PNC in debt? ›

PNC Financial Services Long Term Debt 2010-2024 | PNC

PNC Financial Services long term debt for 2023 was $72.737B, a 23.89% increase from 2022. PNC Financial Services long term debt for 2022 was $58.713B, a 90.73% increase from 2021.

Is PNC going to go under? ›

The Probability of Bankruptcy of PNC Financial Services Group Inc (PNC) is 6% . This number represents the probability that PNC will face financial distress in the next 24 months given its current fundamentals and market conditions.

Is PNC a good investment? ›

Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019. PNC Financial Services Group Inc has a Quality Score of 76, which is Strong.

Is PNC Bank China owned? ›

PNC Bank is a subsidiary of The PNC Financial Services Group, Inc., a U.S.-based bank holding company headquartered in Pittsburgh, Pennsylvania, and founded in 1845.

Is PNC bigger than Chase? ›

The 10 largest banks in the U.S. are Chase, Bank of America, Wells Fargo, Citibank, U.S. Bank, PNC Bank, Goldman Sachs Bank, Truist Bank, Capital One and TD Bank. Key Takeaways: Chase is the largest bank in the country, holding over $3.38 trillion in assets.

Who did PNC just merge with? ›

Pittsburgh-based PNC Bank closed its acquisition of BBVA's American banking business in June, and BBVA customers who haven't already seen changes to their deposit, credit or investment accounts should experience them by early October.

What is the weakness of PNC? ›

Weaknesses. Declining Loan Portfolio: PNC's loan portfolio has experienced a 3% decline, particularly in the commercial and industrial loans segment. This contraction could signal a potential weakness in PNC's lending business, possibly due to competitive pressures or a shift in market demand.

How safe is PNC Bank right now? ›

PNC Bank was named the most trusted bank as part of the 2023 Bankrate Awards, where the best financial products of the year were determined.

Is PNC financially sound? ›

Fitch Ratings - New York - 16 Oct 2023: Fitch Ratings has affirmed PNC Financial Services Group, Inc.'s (PNC) and its primary operating subsidiary PNC Bank, NA's (PNCBNA) Long-Term (LT) and Short-Term (ST) Issuer Default Ratings (IDRs) at 'A+'/'F1'. The Rating Outlook is Stable on the long-term IDRs.

Why is public bank share price dropping? ›

The weakness in its share price may be attributed to concerns including the lack of management succession planning and uncertainty of the transfer of ownership of its late founder's stake.

Why bank stocks are declining? ›

The biggest reason behind the selloff in banking stocks appears to be the RBI's proposal to tighten project financing norms. "The recent pressure on banking sector stocks can be attributed to the RBI's proposal to tighten project financing norms by setting standard asset provisioning of up to 5 per cent on loans.

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