The PNC Financial Services Group, Inc. (PNC)
| Market Cap | 78.61B |
| Revenue (ttm) | 20.77B |
| Net Income (ttm) | 5.53B |
| Shares Out | 395.94M |
| EPS (ttm) | 13.74 |
| PE Ratio | 14.45 |
| Forward PE | 12.93 |
| Dividend | $6.35 (3.20%) |
| Ex-Dividend Date | Jan 15, 2025 |
| Volume | 3,666,100 |
| Open | 198.00 |
| Previous Close | 196.54 |
| Day's Range | 196.95 - 202.20 |
| 52-Week Range | 139.69 - 216.26 |
| Beta | 1.16 |
| Analysts | Buy |
| Price Target | 205.00 (+3.25%) |
| Earnings Date | Jan 16, 2025 |
About PNC
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. It operates through three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group segments. The company’s Retail Banking segment offers checking, savings, and money market accounts, as well as time deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and inv... [Read more]
Financial Performance
In 2024, PNC Financial's revenue was $20.77 billion, an increase of 0.09% compared to the previous year's $20.75 billion. Earnings were $5.53 billion, an increase of 7.86%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for PNC stock is "Buy." The 12-month stock price forecast is $205.0, which is an increase of 3.25% from the latest price.
News
4 Stocks to Buy for "Higher for Longer" Interest Rates
Markets tumbled this week as a number of factors came into focus, pointing toward rates that would remain higher for longer. A hot jobs report sent stocks plummeting as the economy added 256,000 jobs ...
PNC to Complement Branch Expansion With New Online Banking Platform
PNC Financial Service Group will soon roll out a new online banking platform that will complement its investment in new branch locations and renovations, bank executives said Thursday (Jan. 16).
The PNC Financial Services Group, Inc. (PNC) Q4 2024 Earnings Call Transcript
The PNC Financial Services Group, Inc. (NYSE:PNC) Q4 2024 Earnings Conference Call January 16, 2025 10:00 AM ET Company Participants Bryan Gill - EVP and Director of IR Bill Demchak - Chairman and CE...
PNC Financial's profit rises on interest income growth, lower rainy-day funds
PNC Financial on Thursday reported a higher fourth-quarter profit as it earned more in interest payments and set aside less capital to cover potential loan defaults.
PNC Reports Full Year 2024 Net Income of $6.0 Billion, $13.74 Diluted EPS
Generated Positive Operating Leverage Fourth Quarter 2024 net income was $1.6 billion, $3.77 diluted EPS Grew NII and NIM; increased deposits and capital PITTSBURGH , Jan. 16, 2025 /PRNewswire/ -- The...
PNC Financial Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
The PNC Financial Services Group, Inc. PNC will release earnings results for its fourth quarter, before the opening bell on Thursday, Jan. 16, 2025.
Options Corner: BAC, PNC, XLF
Today's Options Corner looks at real-life trades in Bank of America (BAC), PNC Financial (PNC), and the SPDR S&P Financial Sector ETF (XLF) ahead of big banks reporting earnings next week. Rick Ducat ...
PNC Financial: A Stable Dividend Grower Struggling With Loan Growth And Loan Losses
PNC Financial gets its prior hold rating reaffirmed, as its stable dividend growth is overshadowed by weak loan growth and rising loan loss provisions. Macro factors like credit card demand could be a...
PNC Declares Dividend of $1.60 on Common Stock
PITTSBURGH , Jan. 3, 2025 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.60 per share. The di...
My Top 10 High-Yield Dividend Stocks For January 2025
SPY ends 2024 on a sour note but with a total gain of 24.89%. The top 10 stocks on the watchlist for January 2025 offer a 3.45% dividend yield, nearly triple that of the S&P 500. My top 10 list of hig...
PNC Bank, N.A. Changes Prime Rate
PITTSBURGH , Dec. 18, 2024 /PRNewswire/ -- PNC Bank, N.A. announced a decrease in its prime lending rate.
The PNC Financial Services Group, Inc. (PNC) Goldman Sachs 2024 U.S. Financial Services Conference Transcript
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...
PNC says banks with core retail deposits could be M&A targets
PNC Financial Services Group would look at banks with core retail deposits in the right markets for mergers and acquisitions, but would avoid lenders with heavy real estate exposure, its CEO said on T...
The PNC Financial Services Group Announces Fourth Quarter and Full Year Conference Call Details
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...
My Top 10 High-Yield Dividend Stocks For December 2024
SPY continues its strong run in 2024 with a gain of +5.96% in November. The top 10 stocks on the watchlist for December 2024 offer a 3.34% dividend yield, more than double the S&P 500. My top 10 list ...
PNC Executives to Speak at Goldman Sachs Financial Services Conference
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 ...
PNC Christmas Price Index Increases 5.4%, Significantly More Than The U.S. Consumer Price Index
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 inc...
GTreasury, PNC Bank Introduce Embedded Banking Integration Through PINACLE® Connect
The new integration and user experience provides shared clients with workflow efficiencies, real-time balances, transactions, and payments automation The new integration and user experience provides s...
PNC Bank Increases Investment in New Branch Locations and Renovations
PNC Bank increased the number of new branch locations and renovations it plans to complete over the next five years. The bank plans to open 200 new branch locations in 12 cities and renovate 1,400 exi...
The PNC Financial Services Group, Inc. (PNC) BancAnalysts Association of Boston Conference Transcript
The PNC Financial Services Group, Inc. (NYSE:PNC) BancAnalysts Association of Boston Conference November 8, 2024 8:15 AM ET Company Participants Dick Manuel - Columbia Threadneedle Investments, Equit...
PNC doubles down on branch expansion plan with additional $500 mln investment
PNC Bank said on Friday it will increase its investment in branch expansion by an additional $500 million to open over 100 new locations and renovate 200 existing ones, doubling down on efforts to rea...
PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States
Company increases branch investment by $500 million with plans to build new locations in 12 cities PITTSBURGH , Nov. 8, 2024 /PRNewswire/ -- PNC Bank announced today it is increasing its branch invest...
My Top 10 High-Yield Dividend Stocks For November 2024
SPY's 5 month positive streak comes to an end in October as it posts a loss of 0.89%. The top 10 stocks on the watchlist for November 2024 offer a 3.61% dividend yield, more than double the S&P 500. M...
PNC Announces Redemption Of All Depositary Shares Representing Interests In Series R Preferred Stock
PITTSBURGH , Oct. 30, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Dec. 2, 2024, of $500,000,000 of Depositary Shares (CUSIP: 693475AM7) (t...