News
PNC
146.54
-2.02%
-3.02
Analysts Conflicted on These Financial Names: PNC Financial (PNC), Commerce Bancshares (CBSH) and State Street (STT)
TipRanks · 23h ago
PNC Financial (PNC) Gets a Buy from Barclays
TipRanks · 1d ago
PNC FINANCIAL SERVICES GROUP INC <PNC.N>: EVERCORE ISI CUTS TARGET PRICE TO $175 FROM $184
Reuters · 1d ago
PNC Earnings: PNC Financial Mixed Q1 Results Drag Stock Lower
TipRanks · 1d ago
KBW Reaffirms Their Sell Rating on PNC Financial (PNC)
TipRanks · 1d ago
Analysts Offer Insights on Financial Companies: FB Financial (FBK), PNC Financial (PNC) and Bank of Queensland Limited (OtherBKQNF)
TipRanks · 1d ago
UPDATE 1-Big banks led by Citi continue to trim staff to cut costs
Big banks led by Citi continue to trim staff to cut costs in the first quarter. Headcount at Bank of America, Wells Fargo and PNC Financial declined by about 2,000 jobs combined. Banks are under pressure to control costs due to uncertain economic outlook. JPMorgan Chase added 2, thousand employees in first quarter to 311,921.
Reuters · 1d ago
Stocks Grapple With Geopolitical Pressures, Gold Eyes $2,400, Bitcoin Falls Below $62,000: What's Driving Markets Tuesday?
U.S. Major averages display mixed performances as of midday trading Tuesday. The S&P 500 holds steady at 5,200 points, while blue-chip stocks outperform the broader market. Treasury yields continue to kick higher, with the 10-year yield reaching 4.65%. Gold is on track for a record-high close; Bitcoin is down 2.5%.
Benzinga · 1d ago
PNC Financial Q1 2024 Earnings Call and Presentation
TipRanks · 1d ago
Big banks led by Citi continue layoffs amid pressure to cut costs
Big banks led by Citi continue layoffs amid pressure to cut costs. Bank of America, Wells Fargo and PNC Financial together cut more than 2,000 jobs in the first quarter. Citigroup saw the biggest drop in its headcount, down by 2,500 employees. JPMorgan Chase added 2,200 employees in first quarter to 311,921.
Reuters · 1d ago
PNC Financial (PNC) Q1 Earnings Beat Estimates, Costs Rise
NASDAQ · 1d ago
BUZZ-US lender PNC falls after Q1 profit, revenue decline
U.S. Lender PNC Financial's PNC.N shares fall 1.5% to $147.27. Bank posts Q1 profit of $3.10; revenue declines to $5.15 billion. Company's shares down 5% this year.
Reuters · 1d ago
Stocks Close Mixed on Hawkish Fed Comments
US stock indexes settle mixed; S&P 500 falls to a 1-3/4 month low. Strong earnings from UnitedHealth Group and Morgan Stanley lift the overall market. March housing starts and building permits fall more than expected in the US. Hawkish Fed comments pushed the 10-year T-note yield to a 5-month high.
Barchart · 1d ago
Stocks Mixed on Rising Bond Yields
NASDAQ · 1d ago
Regional Bank Stocks Fall As Earnings Kick Off With PNC, M&T
Banks are under pressure from higher rates. PNC Financial says net income fell 22% from a year earlier to $1.2 billion. Net interest income fell 9% at PNC and 8% at M&T Bank in the first quarter. Both banks set aside more money for FDIC fees.
The Wall Street Journal · 1d ago
PNC Stock Earnings: PNC Finl Servs Gr Beats EPS, Misses Revenue for Q1 2024
PNC Finl Servs Gr reported earnings per share of $3.36 for the first quarter of 2024. The company reported revenue of $5.15 billion. This was 0.87% worse than the analyst estimate for revenue. PNC reported results for first quarter 2024.
Investorplace · 1d ago
PNC FINANCIAL SHARES DOWN 2.2% AFTER Q1 RESULTS
Reuters · 1d ago
PNC Financial Services Group Inc reports results for the quarter ended in March - Earnings Summary
PNC Financial Services Group Inc reports quarterly adjusted earnings of $3.36 per share for the quarter ended in March. Revenue fell 8.2% to $5.15 billion from the same quarter last year. The company reported quarterly income of $1.24 billion.
Reuters · 1d ago
What's Going On With PNC Financial Shares Today?
PNC Financial Services Group Inc reported a revenue decline of 8% Y/Y to $5.15 billion in the first quarter of FY24. The bank missed the consensus estimate for revenue. PNC also reported lower net interest income and noninterest income. The company returned $0.8 billion to shareholders.
Benzinga · 1d ago
PNC Stock Is Edging Lower. Earnings Beat, but Revenue Disappointed.
PNC Financial Services Group reports first-quarter earnings per share of $3.10. The regional bank's revenue and net interest income fell sharply from a year ago. PNC stock edged lower in premarket trading Tuesday. The bank's guidance for the second quarter remains stable.
Barron‘s · 1d ago
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About PNC
The PNC Financial Services Group, Inc. is a diversified financial company. The Company is engaged in retail banking, including residential mortgage, corporate and institutional banking and asset management, providing many of its products and services nationally. The Company’s retail branch network is located coast-to-coast. The Company has three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group. Retail Banking provides deposit, lending, brokerage, insurance services, investment management and cash management products and services to consumer and small business customers. Corporate & Institutional Banking provides lending, treasury management, capital markets and advisory products and services to mid-sized and large corporations and government and not-for-profit entities. Asset Management Group provides private banking for high net worth and ultra-high net worth clients and institutional asset management. The Company’s bank subsidiary is PNC Bank.