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Unlocking Q4 Potential of The PNC Financial Services Group, Inc (PNC): Exploring Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-01-10 17:47
Wall Street analysts expect The PNC Financial Services Group, Inc (PNC) to post quarterly earnings of $3 per share in its upcoming report, which indicates a year-over-year decline of 14%. Revenues are expected to be $5.28 billion, down 8.5% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 1.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this ...
Analysts Estimate The PNC Financial Services Group, Inc (PNC) to Report a Decline in Earnings: What to Look Out for
Zacks Investment Research· 2024-01-09 23:03
Wall Street expects a year-over-year decline in earnings on lower revenues when The PNC Financial Services Group, Inc (PNC) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be ...
Harris Williams Hires Jonathan Abecassis as Managing Director, Private Capital Advisory
Businesswire· 2024-01-09 07:00
RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A and private capital advisory services, today announced that Jonathan Abecassis has joined the firm’s London office as a managing director in the firm’s Private Capital Advisory Group, focused on providing a full range of primary and secondary advisory and related capabilities for clients in Europe. Mr. Abecassis most recently served as a managing director and head of capital solutions and GP advisory in the EMEA an ...
Key Factors to Affect PNC Financial (PNC) in Q4 Earnings
Zacks Investment Research· 2024-01-08 17:47
The PNC Financial Services Group, Inc. (PNC) is scheduled to report its fourth-quarter 2023 earnings before the opening bell on Jan 16. The company’s revenues and earnings are expected to have witnessed year-over-year declines.In the last reported quarter, its earnings outpaced the Zacks Consensus Estimate on a fall in non-interest expenses and lower provisions. However, a decrease in net interest income (NII) and non-interest income acted as a headwind.Notably, PNC Financial has a decent earnings surprise ...
PNC Declares Dividend of $1.55 on Common Stock
Prnewswire· 2024-01-04 16:27
PITTSBURGH, Jan. 4, 2024 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.55 per share. The dividend will be payable Feb. 5, 2024, to shareholders of record at the close of business Jan. 16, 2024. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share, with a payment date of March 10, 2024, will be payable the next busine ...
PNC(PNC) - 2023 Q3 - Quarterly Report
2023-11-01 16:00
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 September 30, 2023 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 ...
PNC(PNC) - 2023 Q3 - Earnings Call Transcript
2023-10-13 18:28
The PNC Financial Services Group, Inc. (NYSE:PNC) Q3 2023 Earnings Conference Call October 13, 2023 11:00 AM ET Company Participants Bryan Gill - Director of Investor Relations Bill Demchak - Chairman, President and Chief Executive Officer Rob Reilly - Executive Vice President and Chief Financial Officer Conference Call Participants John Pancari - Evercore Nate Stein - Deutsche Bank Scott Siefers - Piper Sandler Gerard Cassidy - RBC Bill Carcache - Wolfe Research Peter Troisi - Barclays Mike Mayo - Wells Fa ...
PNC(PNC) - 2023 Q2 - Quarterly Report
2023-08-01 16:00
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 June 30, 2023 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 regi ...
PNC(PNC) - 2023 Q2 - Earnings Call Transcript
2023-07-18 17:17
PNC Financial Services Group, Inc. (NYSE:PNC) Q2 2023 Earnings Conference Call July 18, 2023 11:00 AM ET Company Participants Bryan Gill - Head, IR Bill Demchak - Chairman, President and CEO Robert Reilly - Executive Vice President and CFO Conference Call Participants John Pancari - Evercore ISI David George - Robert W. Baird Erika Najarian - UBS Scott Siefers - Piper Sandler Michael Mayo - Wells Fargo Betsy Graseck - Morgan Stanley Ebrahim Poonawala - Bank of America Bryan Gill Good morning, and welco ...
PNC(PNC) - 2023 Q1 - Quarterly Report
2023-05-01 16:00
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, 2023 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 ...