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PNC Financial: A Stable Dividend Grower Struggling With Loan Growth And Loan Losses
Seeking Alpha· 2025-01-07 18:12
The Future Investor with Albert Anthony is an author concept launched on the Seeking Alpha platform, focusing on growing a diversified portfolio and unlocking future drivers of performance by covering stocks across multiple sectors.Albert Anthony is the pen name of a contributing analyst who has covered over +200 stocks on this platform since 2023, growing to over 1.07K followers. Based on this new article series, he is also working on a new book on Amazon to be called The Future Investor: Growing a Diversi ...
PNC Financial Stock Gains 26.8% in 6 Months: Should You Buy for 2025?
ZACKS· 2024-12-26 16:36
The PNC Financial Services Group, Inc. (PNC) shares have gained 26.8% in the past six months, outperforming the industry’s growth of 21.6%. The stock has also outperformed its close peers like Bank of America Corporation (BAC) and Citigroup Inc. (C) in the same time frame.Six-Month Price Performance Image Source: Zacks Investment Research After such a strong rally, investors are left wondering whether they should buy the PNC stock now or wait for a better entry point. Let us find out.What’s Aiding PNC’s Per ...
The PNC Financial Services Group, Inc. (PNC) Goldman Sachs 2024 U.S. Financial Services Conference Transcript
2024-12-10 21:45
The PNC Financial Services Group, Inc. (NYSE:PNC) Goldman Sachs 2024 U.S. Financial Services Conference Transcript November 10, 2024 1:00 PM ET Company Participants William Demchak - CEO and Chairman Robert Reilly - Vice President & Chief Financial Officer Conference Call Participants Richard Ramsden - Goldman Sachs Richard Ramsden Okay, so I'm delighted to be joined by Bill Demchak. Bill is the CEO and Chairman of PNC. On my calculations, I think it's the 10 time that you have presented this in a row, alth ...
The PNC Financial Services Group Announces Fourth Quarter and Full Year Conference Call Details
Prnewswire· 2024-12-05 12:50
PITTSBURGH, Dec. 5, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the fourth quarter and full year 2024 at approximately 6:30 a.m. (ET), Thursday, Jan. 16, 2025, 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).Dial in numbers are (866) 604-1697 and (215) 268-9875 ( ...
PNC Executives to Speak at Goldman Sachs Financial Services Conference
Prnewswire· 2024-11-26 12:55
PITTSBURGH, Nov. 26, 2024 /PRNewswire/ -- 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 1:00 p.m. (ET), Tuesday, Dec. 10, at the Goldman Sachs Financial Services Conference in New York City.The following will be accessible at www.pnc.com/investorevents: a link to the live webcast; related materials, inclu ...
PNC Financial & GTreasury Team Up to Boost Digital Treasury Services
ZACKS· 2024-11-22 16:50
The PNC Financial Services Group, Inc. (PNC) announced its partnership with GTreasury, a global leader in Digital Treasury Solutions. This new collaboration integrates PNC’s embedded banking solution, PINACLE Connect, with GTreasury’s treasury and risk management platform. PNC introduced PINACLE in 2021 to remove complexities and address client feedback, particularly regarding technology integration and fraud prevention.PNC Financial and GTreasury Streamline Treasury OperationsWith this expanded partnership ...
PNC Christmas Price Index Increases 5.4%, Significantly More Than The U.S. Consumer Price Index
Prnewswire· 2024-11-21 11:45
PNC calculates the cost of Christmas from the holiday song "The Twelve Days of Christmas" Recent inflation trends are repeating, much like the verses of the song itself Five of the 12 gifts had no increase compared to 2023 PITTSBURGH, Nov. 21, 2024 /PRNewswire/ -- National inflation levels may be on the decline, but when it comes to True Loves' gifts, the price of decking the halls keeps rising. Now in its 41st year, PNC Bank's annual Christmas Price Index® (PNC CPI) rose 5.4% — doubling last year's 2.7% i ...
GTreasury, PNC Bank Introduce Embedded Banking Integration Through PINACLE® Connect
GlobeNewswire News Room· 2024-11-21 09:00
CHICAGO, Nov. 21, 2024 (GLOBE NEWSWIRE) -- GTreasury, the pioneer and global leader in Digital Treasury Solutions for the Office of the CFO, and PNC Bank, one of the largest banks in the United States, today announced an integration with PNC’s embedded banking solution, PINACLE® Connect, and GTreasury’s treasury and risk management platform. Through this expanded relationship, GTreasury and PNC Bank’s shared clients now have access to PNC’s treasury services directly within the GTreasury treasury and risk m ...
Why Is The PNC Financial Services Group (PNC) Up 10.2% Since Last Earnings Report?
ZACKS· 2024-11-14 17:35
It has been about a month since the last earnings report for The PNC Financial Services Group, Inc (PNC) . Shares have added about 10.2% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is The PNC Financial Services Group due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. ...
PNC Financial to Invest Additional $500M to Double Branch Openings
ZACKS· 2024-11-11 17:40
The PNC Financial Services Group, Inc. (PNC) has announced plans to increase its branch investment by $500 million to open more than 100 additional branches and renovate 200 existing locations across the United States. This was followed by the bank's announcement in February 2024 to invest $1 billion to open more than 100 branches and renovate more than 1,200 existing locations by 2028. The increased investment brings PNC's total investment to nearly $1.5 billion to open more than 200 new branches across 12 ...