PNC Stock Recent News

PITTSBURGH , March 5, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the first quarter of 2024 at approximately 6:45 a.m. (ET), Tuesday, April 16, as previously announced.

The PNC Financial Services Group, Inc (PNC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

In the most recent trading session, The PNC Financial Services Group, Inc (PNC) closed at $144.85, indicating a -0.87% shift from the previous trading day.

PNC Financial (PNC) softens its Q1 NII guidance due to lower-than-expected average loan growth and a slower increase in utilization rates.

The PNC Financial Services Group, Inc (PNC) reachead $146.70 at the closing of the latest trading day, reflecting a -1.44% change compared to its last close.

PNC Financials' (PNC) solid balance sheet and strategic initiatives will continue supporting its financials. However, a rise in costs will hurt.

PNC Financial (PNC) plans to invest $1 billion to open more than 100 branches by 2028. The company also aims to renovate above 1,200 locations.

PNC Bank will invest $1 billion to open more than 100 new locations and renovate 1,200 existing ones through 2028. The bank currently has about 2,300 brick-and-mortar locations across the country, PNC Bank said in a Wednesday (Feb. 14) press release.

PNC Financial Services Group Inc. PNC said Wednesday it plans to spend $1 billion on its branch network. Plans include opening more than 100 new branches and renovating 1,200 out of a total network of 2,300 by the end of 2028.

PNC Financial's (PNC) Q4 earnings surpass estimates on decent expense-control efforts and a decline in provision for credit losses.