Albuquerque, NM, May 23, 2024 (GLOBE NEWSWIRE) -- Presented by the National Institute of Flamenco, the University of New Mexico, PNC Bank and the National Hispanic Cultural Center, Festival Flamenco Albuquerque—the oldest and largest flamenco festival outside of Spain—will take place from June 21-29. The Festival will include 20 performances, over 60 free and paid workshops, 13 internationally based performance companies, one New Mexican company, two world premiere shows and over 90 performers. Now in its ...

A month has gone by since the last earnings report for The PNC Financial Services Group, Inc (PNC) . Shares have added about 9.6% 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 its most recent earnings report in order to get a better handle on the important drivers. PNC Fin ...

PITTSBURGH, May 15, 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 1:30 p.m. (ET) Wednesday, May 29, at the Bernstein Strategic Decisions Conference in New York City. The following will be accessible at www.pnc.com/investorevents: a link to the live webcast; related materials, includin ...

The PNC Financial Services Group, Inc. (PNC) has launched the PNC Cash Unlimited Visa Signature credit card. The credit card offers simple but valuable rewards with an unlimited 2% cash back on all eligible purchases.Nate Bacon, head of credit cards at PNC Bank, stated, "The PNC Cash Unlimited Visa Signature credit card is built around the principle of offering competitive, uncomplicated value to our clients."Customers are entitled to earn 2% cash back on all eligible purchases, without any limits on the am ...

The PNC Financial Services Group, Inc. (PNC) and TCW Group, Inc., which is a preeminent global asset manager, have extended their 15-year collaboration and partnered to offer private credit solutions to middle-market companies.The partnership will oversee the new strategy's every investment activity,  including origination, underwriting, and portfolio management. It will primarily focus on directly originated, senior secured asset, and cash-flow-based loans to sponsored and non-sponsored middle market compa ...

Product Launch - PNC Bank launched the PNC Cash Unlimited® Visa Signature credit card, offering unlimited 2% cash back on all eligible purchases [1] - The card is designed to provide straightforward, valuable rewards without spending categories or caps [1] - Key benefits include no annual fee, no foreign transaction fees, and cell phone protection up to $800 [1] Market Strategy - The launch aligns with PNC Bank's strategy to evolve consumer lending products based on client feedback and market research [2] - The card aims to help clients easily earn rewards and optimize everyday spending [2] Availability - The PNC Cash Unlimited Visa Signature credit card is available to existing clients in all branches, online, and via the PNC mobile app [2] - New clients can apply in-person at any PNC branch [2] Company Background - PNC Bank is a member of The PNC Financial Services Group, Inc, one of the largest diversified financial services institutions in the US [2] - PNC offers a full range of lending products, specialized services for corporations and government entities, and wealth management [2]

The PNC Financial Services Group and the TCW Group have formalized and expanded their partnership to develop a private credit platform focused on middle market lending.The companies aim to have $2.5 billion in investor equity capital available in the platform’s first year, and expect investment activity to begin in the fall, they said in a Monday (May 6) press release.“We are thrilled to partner with PNC to expand our direct lending capabilities and provide financing to a critical segment of U.S. companies, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 ______________________________________ FORM 10-Q ______________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-09718 The PNC Financial Services Group, Inc. (Exact name of reg ...

PNC Financial Services Group saw average commercial loans dip in the first quarter as businesses remained cautious about the macroeconomic environment.Overall, average loans decreased 1%. Within this, consumer loans declined less than 1%, while average commercial loans decreased 2%, the bank said in a Tuesday (April 16) earnings release.The slight decline in consumer loans was driven by lower credit card and home equity balances, according to the release. The bank attributed the decline in commercial loans ...

The PNC Financial Services Group, Inc. (NYSE:PNC) Q1 2024 Earnings Conference Call April 16, 2024 10:00 AM ET Company Participants Bryan Gill - Director of IR William Demchak - Chairman, President & CEO Robert Reilly - EVP & CFO Conference Call Participants Betsy Graseck - Morgan Stanley John Pancari - Evercore Matt O'Connor - Deutsche Bank Gerard Cassidy - RBC Dave Rochester - Compass Point Ebrahim Poonawala - Bank of America Bill Carcache - Wolfe Research Ken Usdin - Jefferies Mike Mayo - Wells Fargo John ...