After the Fed's Rate Cut, PNC Could See a Mortgage Refinance Boom

The PNC Financial Services Group TodayPNCThe PNC Financial Services Group$205.53 -0.74 (-0.36%) 52-Week Range$145.12▼$216.26Dividend Yield3.31%P/E Ratio14.06Price Target$213.94Add to WatchlistThe financials sector has had a steady year, with a 10.82% year-to-date (YTD) gain, which is good for fourth-best among the S&P 500’s 11 sectors. But in the wake of the Federal Reserve cutting its benchmark interest rate this week—something the central bank hasn’t done since December 2024—there could be much more in s ...