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Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The PNC Financial Services Group (PNC) have what it takes?
It's a good time to be an investor in U.S. banks. Two months or so after the latest round of the Federal Reserve's (Fed) bank stress tests -- in which 22 prominent lenders in the country were put through their paces to judge how they'd fare in adverse economic circumstances -- several have declared dividends recently (after all, every tested bank passed).
Bank of America BAC and PNC Financial Services PNC are two prominent U.S. banks with broad national reach. BAC leverages its massive scale and diversified financial services, while PNC is distinguished by its prudent growth strategy and targeted regional expansion.
Connection Enables PNC PINACLE Connect® Clients to Seamlessly Access Treasury Services Within Market-leading Cloud ERP PITTSBURGH , July 29, 2025 /PRNewswire/ -- PNC Bank today announced the integration of its award-winning embedded banking platform, PINACLE Connect®, with Oracle Fusion Cloud Enterprise Resource Planning (ERP). PNC corporate and commercial banking clients now have seamless connectivity to key banking services directly within Oracle Cloud ERP, helping streamline financial operations and enhance overall efficiency.
PNC Financial delivered decent Q2 results, beating earnings and revenue expectations, with solid loan and deposit growth. Despite recent performance, PNC trades near its historical valuation, limiting upside potential, especially as rate cuts loom. The likely Federal Reserve rate cuts in the second half of the year pose a significant risk to PNC's future net interest income.
PNC Financial Services (PNC -0.01%), one of the largest diversified financial institutions in the United States, released its second quarter 2025 earnings on July 16, 2025. The company reported earnings per share of $3.85, which was above analyst expectations of $3.55.
PNC Bank is working with cryptocurrency exchange Coinbase to offer crypto trading to the bank's customers, the companies said on Tuesday, in a sign that crypto is moving toward becoming increasingly interconnected to mainstream finance.
PNC CEO Bill Demchak said Tuesday that the bank is partnering with Coinbase to enable digital payments, acting as "a wallet, a provider for any coin that any of our clients want to use," without producing its own stablecoin.
PNC Bank and Coinbase have partnered to develop a solution that will allow the bank's clients to buy, hold and sell cryptocurrencies.
CNBC's Leslie Picker sits down with Bill Demchak, CEO of PNC, to discuss the bank's strategic partnership with Coinbase, how the partnership will be structured, and more.