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Curious about The PNC Financial Services Group (PNC) Q2 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2024-07-11 22:20
The upcoming report from The PNC Financial Services Group, Inc (PNC) is expected to reveal quarterly earnings of $3 per share, indicating a decline of 10.7% compared to the year-ago period. Analysts forecast revenues of $5.3 billion, representing an increase of 0.1% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a compan ...
PNC Financial (PNC) to Post Q2 Earnings: Here's What to Expect
ZACKS· 2024-07-11 00:21
The PNC Financial Services Group, Inc. (PNC) is scheduled to report its second-quarter 2024 earnings on Jul 16, before the opening bell. The bank’s second-quarter 2024 revenues are expected to have improved from the year-ago reported level, while earnings are expected to have declined.In the last reported quarter, its earnings outpaced the Zacks Consensus Estimate due to a rise in deposit balances and an improvement in the company’s credit quality. However, an increase in non-interest expenses and lower net ...
PNC Raises Common Stock Dividend To $1.60 Per Share
Prnewswire· 2024-07-02 23:21
PITTSBURGH, July 2, 2024 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.60 per share, an increase of $0.05 cents per share, or 3%, from the second quarter dividend of $1.55 per share. The dividend will be payable Aug. 5, 2024, to shareholders of record at the close of business July 15, 2024."The increase in our dividend reflects our continued financial strength and our board's confidence in our strateg ...
PNC Releases Results of Dodd-Frank Company-Run Stress Test
Prnewswire· 2024-06-29 04:56
PITTSBURGH, June 28, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today the results of its biennial company-run stress test conducted in accordance with regulations of the Board of Governors of the Federal Reserve System (Federal Reserve) and the Office of the Comptroller of the Currency (OCC) under the Dodd-Frank Wall Street Reform and Consumer Protection Act. These company-run stress tests are designed to help assess whether banking organizations have sufficient capita ...
PNC Announces Stress Capital Buffer (SCB) and Planned Capital Actions
Prnewswire· 2024-06-29 04:35
PITTSBURGH, June 28, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) this week received the results of the Federal Reserve's 2024 Comprehensive Capital Analysis and Review (CCAR). The Federal Reserve's CCAR disclosure included its estimate of PNC's minimum capital ratios for the period from the first quarter of 2024 through the first quarter of 2026 under the hypothetical Supervisory Severely Adverse scenario. Based on PNC's strong results, PNC's calculated Stress Capital Buffer (SCB ...
PNC Bank Launches $120,000 Scholarship Program to Expand Access to Higher Education
Prnewswire· 2024-06-05 20:01
Current and future college students can apply now for one of 12 available scholarshipsPITTSBURGH, June 5, 2024 /PRNewswire/ -- PNC Bank today introduced an enhanced program that will award $10,000 scholarships to 12 deserving students attending or planning to attend college across the country.PNC's existing, decade-long scholarship program currently awards $2,000 scholarships to 12 students each year. This enhanced program will build on the successes of PNC's current program and provide students with additi ...
New Report Provides Research Data and Exclusive Insights on "The Current and Future State of Healthcare Sector Revenue Cycle Management - Market and M&A Trends"
Prnewswire· 2024-06-04 20:35
Continued sector investment and M&A will reshape the vendor landscape to be driven by artificial intelligence (AI), replacing ineffective EMRs and legacy tools BALTIMORE, June 4, 2024 /PRNewswire/ -- Healthcare consultancy Sage Growth Partners and Harris Williams, a global investment bank specializing in M&A and private capital advisory services, have released a new industry report – "The Current and Future State of Revenue Cycle Management – Market and M&A Trends" – to provide the healthcare market with a ...
The PNC Financial Services Group Announces Second Quarter Conference Call Details
Prnewswire· 2024-06-04 20:10
文章核心观点 - PNC金融服务集团将于2024年7月16日发布2024年第二季度财报 [1][2] - PNC金融服务集团是美国最大的多元化金融服务机构之一,为客户和社区提供零售和商业银行服务、企业银行服务、财富管理和资产管理等 [3] 公司信息 - PNC金融服务集团是美国最大的多元化金融服务机构之一 [3] - 公司为客户和社区提供零售和商业银行服务、企业银行服务、财富管理和资产管理等 [3] 财报发布信息 - 公司将于2024年7月16日发布2024年第二季度财报 [1][2] - 公司CEO William S. Demchak和CFO Robert Q. Reilly将于当天上午10点举行投资者电话会议 [1][2] - 电话会议拨号号码为(866) 604-1697和(215) 268-9875(国际) [2] - 会议录音将在一周内通过(877) 660-6853和(201) 612-7415,Access ID 13746966提供 [2] - 会议直播、财报和补充财务信息将在www.pnc.com/investorevents网站提供 [2]
PNC Executive To Speak At Morgan Stanley Investor Conference
Prnewswire· 2024-06-04 00:50
PITTSBURGH, June 3, 2024 /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 1 p.m. (ET) Tuesday, June 11, at the Morgan Stanley US Financials Conference in New York City.The following will be accessible at www.pnc.com/investorevents: a link to the live webcast; related materials, including cautionary statements regarding forward-looking information, als ...
National Institute of Flamenco Announces Upcoming Festival Flamenco Albuquerque
Newsfilter· 2024-05-24 03:00
Albuquerque, NM, May 23, 2024 (GLOBE NEWSWIRE) -- Presented by the National Institute of Flamenco, the University of New Mexico, PNC Bank and the National Hispanic Cultural Center, Festival Flamenco Albuquerque—the oldest and largest flamenco festival outside of Spain—will take place from June 21-29. The Festival will include 20 performances, over 60 free and paid workshops, 13 internationally based performance companies, one New Mexican company, two world premiere shows and over 90 performers. Now in its ...