PNC Stock Recent News

PNC Financial's (PNC) Q4 earnings are expected to have been affected by moderate loan growth and higher costs. Low residential and commercial mortgage revenues are likely to have affected fee income.

In the closing of the recent trading day, The PNC Financial Services Group, Inc (PNC) stood at $154.85, denoting a -0.5% change from the preceding trading day.

In the most recent trading session, The PNC Financial Services Group, Inc (PNC) closed at $151.77, indicating a +1.4% shift from the previous trading day.

PNC Financial is downgraded from strong buy to Hold, agreeing with sentiment from SA analysts' consensus. Positives to mention are equity growth and strong 10-year dividend growth. Some headwinds include share price skyrocketing well above average this week, poor earnings and revenue growth impacted by net interest margin squeeze in current rate environment.

The latest trading day saw The PNC Financial Services Group, Inc (PNC) settling at $140.85, representing a -0.11% change from its previous close.

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

In the closing of the recent trading day, The PNC Financial Services Group, Inc (PNC) stood at $139.36, denoting a +0.5% change from the preceding trading day.

PNC Financial Services CEO William Demchak on Tuesday said that the market disruptions caused by the Basel III endgame proposal is an opportunity for the bank to grow.

The PNC Financial Services Group, Inc (PNC) closed at $133.96 in the latest trading session, marking a +1.19% move from the prior day.

In the latest trading session, The PNC Financial Services Group, Inc (PNC) closed at $128.70, marking a +0.59% move from the previous day.