PNC Stock Recent News

Steven Cress talks to Kim Khan about his top dividend stocks for the year. Diversification and strong fundamentals are key strategies for investors.

PITTSBURGH , Jan. 28, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Executive Vice President and Chief Financial Officer Robert Q. Reilly will discuss business performance and strategy at 11:20 a.m.

Despite some weaknesses in loan growth and deposit performance, PNC's Q4 results were among the best of its peers, with impressive net interest income and margin improvements. PNC's growth outlook is robust, with management expecting stable loan balances and significant net interest income growth, driven by controlled deposit costs and strategic market expansion. PNC is a conservatively-run commercial-focused bank with solid earnings growth, low downside risk, and a strong management team, with less of its upside tied to rebounding from prior underperformance.

Will Assume President & CEO-Elect Role at Fiserv PITTSBURGH , Jan. 23, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that President Michael P. Lyons is departing PNC to assume the President & CEO-Elect role at Fiserv.

Investors interested in stocks from the Financial - Investment Bank sector have probably already heard of The PNC Financial Services Group, Inc (PNC) and Tradeweb Markets (TW). But which of these two stocks presents investors with the better value opportunity right now?

PNC Financial reported strong Q4 earnings, with a 4% Y/Y increase in net interest income and an 84% surge in profitability. The absence of FDIC assessment fees and lower credit provisions contributed significantly to PNC Financial's improved earnings and balance sheet quality. PNC Financial's FY 2025 guidance projects a 6-7% growth in net interest income, reflecting continued strength in its core lending business.

PNC Financial Services Group PNC reported fourth-quarter results last week. Revenue increased 4% year-over-year to $5.57 billion, beating the consensus of $5.50 billion.

Does The PNC Financial Services Group, Inc (PNC) have what it takes to be a top stock pick for momentum investors? Let's find out.

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 vs 155,000 expected, dampening the prospects of multiple rate cuts in 2025.

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, Inc (PNC) have what it takes?