PNC Financial Services Group Inc (The) Stock News

In the latest trading session, The PNC Financial Services Group, Inc (PNC) closed at $128.70, marking a +0.59% move from the previous day.

The banking crisis in March 2023 affected even the best bank stocks as higher interest rates put pressure on liquidity. With interest rates at 5% compared with March's 4.75%, risks remain due to tight

Americans are increasingly worried about job losses, and long-term inflation expectations are at a 12-year high. Leading economic indicators suggest a potential recession within three months, while un

Many banks have reported significantly larger unrealized securities losses in 3Q as interest rates rose in the quarter. The unrealized losses have grown so large as to be orange flags for a few banks.

The construction of a dividend-income portfolio brings several benefits for investors, one of which is generating extra income. In today's article, I will show you how you could allocate the amount of

America's regional banks are reportedly hoping to get healthier by getting smaller. As The Wall Street Journal (WSJ) reported Monday (Oct. 23), these lenders are scaling back following a quarter tha

Shares of PNC Financial (PNC) gain 1.5% on better-than-expected Q3 earnings, banking on decent expense-control efforts.

PNC Financial Group began staff reductions that will decrease its workforce by 4%. The move is expected to reduce the company's 2024 expenses by $325 million at a time when it is focused on expense ma

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 - Chairma

"PNC Bank (PNC) shares are down approximately 2.7% following lower third-quarter earnings, with weak results in trading revenue, loan syndication, and merger and acquisition revenue. PNC attributes th

Lower provisions and a fall in expenses support PNC Financial's (PNC) Q3 earnings. However, a decrease in NII and fee income are headwinds.

Although the revenue and EPS for The PNC Financial Services Group, Inc (PNC) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key

PNC Financial Services (NYSE:PNC) shares fell more than 3% in early trade after the Pennsylvania-based bank and financial services firm reported a revenue miss and drop in earnings for the third quart

The PNC Financial Services Group, Inc (PNC) came out with quarterly earnings of $3.60 per share, beating the Zacks Consensus Estimate of $3.18 per share. This compares to earnings of $3.78 per share a

PNC Financial Services Group said on Friday it would reduce its workforce by about 4% as part of its cost reduction plans after it posted a drop in profit in the third quarter.