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Regional bank PNC Financial reported first-quarter earnings and revenue both slipped from a year ago.
PNC Financial (PNC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Get a deeper insight into the potential performance of The PNC Financial Services Group (PNC) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
PNC Financial (PNC) benefits from strategic buyouts, and solid loan and deposit growth. However, rising expenses and a lack of loan portfolio diversification are major woes.
The PNC Financial Services Group (PNC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The PNC Financial Services Group (PNC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
PNC Bank CEO Bill Demchak joins Bloomberg TV and Radio and breaks down what he sees as the areas of strength and weakness for the banking industry. Get more on the Bloomberg Businessweek Podcast Apple: http://bit.ly/3IPl60i Spotify: http://bit.ly/3WGFd6B Anywhere: http://bit.ly/42xo9kZ
According to Barron's, the recent decline in many regional bank stocks, caused by New York Community Bancorp's (NYSE: NYCB ) multitude of problems, appears to have created a good buying opportunity for investors within the sector. Investment bank Keefe, Bruyette & Woods says that, despite NYCB's issues, just three regional banks of roughly 4,700 experienced any major difficulties in 2023.
The latest trading day saw The PNC Financial Services Group, Inc (PNC) settling at $152.84, representing a +1.67% change from its previous close.
Owing to a revision in FDIC's estimated losses, PNC Financial (PNC) expects to incur an additional $130 million in assessment fees on a pre-tax basis in the first quarter.