PNC Stock Recent News

Transaction furthers collective value proposition in primary fund placement PITTSBURGH , May 20, 2025 /PRNewswire/ -- PNC Bank today announced entry into a definitive agreement to acquire Aqueduct Capital Group, a placement agent focused on raising capital for private equity, private credit and real asset managers through its broad access to sophisticated, global pools of capital. Founded in 2003, Aqueduct has built a strong reputation advising its clients on a variety of fundraising solutions.

New card incentivizes good financial practice via a suite of competitive features PITTSBURGH , May 12, 2025 /PRNewswire/ -- PNC Bank announced today the launch of its latest credit card, PNC Spend Wise℠ Visa® , designed to reward clients' responsible and healthy financial habits. This unique credit card is built to encourage responsible financial management through its associated purchase APR reduction program for eligible cardholders who meet timely payment and spend requirements.

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.74%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 9%.

Q2 2025 began with market volatility due to tariff announcements, resulting in SPY losing 0.87% and VYM declining by 3.54%. Since inception, my watchlist has a CAGR of 14.61%, outperforming SPY and VYM, and providing higher yields. The May 2025 watchlist includes 10 stocks with an average forward dividend yield of 3.59% and an expected return of 14.78%.

President Trump has set the stage for the beginning of the end of the world, taking advantage of unlimited largess from the United States, a practice that began after World War II and has been in place ever since.

One very positive item for investors when earnings season rolls around every quarter is that the big money center and investment banks are always among the first to report.

PNC Financial reported Q1 earnings with a slight revenue miss but a 12-cent EPS beat, showing 13.2% YoY growth despite a -6.9% QoQ decline. Management reaffirmed guidance for modest loan growth and net interest income increase but flagged potential tariff impacts on non-interest income. PNC's stock is undervalued, trading at 1.4x price-to-tangible book value, with a 4.20% dividend yield.

PNC Financial Services Group is leveraging technology and its other strengths as it helps clients manage the uncertainty caused by tariffs, executives said Tuesday (April 15) during the bank's quarterly earnings call.

The PNC Financial Services Group, Inc. (NYSE:PNC ) Q1 2025 Earnings Conference Call April 15, 2025 10:00 AM ET Company Participants Bryan Gill - EVP and Director of IR Bill Demchak - Chairman and CEO Rob Reilly - EVP and CFO Conference Call Participants John Pancari - Evercore Bill Carcache - Wolfe Research Betsy Graseck - Morgan Stanley Scott Siefers - Piper Sandler Ebrahim Poonawala - Bank of America Mike Mayo - Wells Fargo Ken Usdin - Autonomous Research Erika Najarian - UBS Gerard Cassidy - RBC Capital Markets John McDonald - Truist Securities Matt O'Connor - Deutsche Bank Operator Greetings, and welcome to The PNC Financial Services Group First Quarter 2025 Earnings Conference Call. At this time all participants are in a listen-only mode.

PNC's first-quarter 2025 results reflect a rise in fee income and NII. Yet, increased expenses act as headwinds.