The PNC Financial Services Group, Inc. (PNC)
PNC: Commercial Real Estate Drives 8% Rise in Net Loan Charge-Offs
PNC Financial Services Group saw expected increases in total nonperforming loans and net loan charge-offs in the second quarter. The increases were primarily due to high commercial nonperforming loans and higher commercial real estate (CRE) net loan charge-offs, the bank said in a Tuesday (July 16) earnings release.
Here's What Key Metrics Tell Us About The PNC Financial Services Group (PNC) Q2 Earnings
While the top- and bottom-line numbers for The PNC Financial Services Group (PNC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Goldman Sachs Maintains Neutral on PNC Despite Strong Results, Cites Modest FY24 Outlook
Goldman Sachs analyst Richard Ramsden anticipates a neutral investor response to PNC Financial Services Group, Inc.‘s PNC stronger results and updated FY24 guidance.
The PNC Financial Services Group, Inc. (PNC) Q2 2024 Earnings Call Transcript
The PNC Financial Services Group, Inc. (NYSE:PNC ) Earnings Conference Call July 16, 2024 10:00 AM ET Company Participants Bryan Gill - Director of IR William Demchak - Chairman, President & CEO Robert Reilly - EVP & CFO Conference Call Participants Betsy Graseck - Morgan Stanley John Pancari - Evercore Erika Najarian - UBS Scott Siefers - Piper Sandler Ebrahim Poonawala - Bank of America Bill Carcache - Wolfe Research Ken Usdin - Jefferies Mike Mayo - Wells Fargo Matt O'Connor - Deutsche Bank Gerard Cassidy - RBC Operator Greetings, and welcome to The PNC Financial Services Group Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
PNC Stock Surges on Q2 Revenue, Earnings Beat
PNC Financial (PNC) shares surged over 4% Tuesday after the bank reported second-quarter profit and revenue that beat analysts' estimates. The bank also gave a stronger outlook for net interest income (NII).
PNC Financial (PNC) Q2 Earnings Beat on Higher Fee Income
The rise in non-interest income and higher loan balance support PNC Financial's (PNC) Q2 earnings, while lower net interest income and a rise in provisions act as headwinds.
The PNC Financial Services Group, Inc (PNC) Tops Q2 Earnings and Revenue Estimates
The PNC Financial Services Group, Inc (PNC) came out with quarterly earnings of $3.30 per share, beating the Zacks Consensus Estimate of $3 per share. This compares to earnings of $3.36 per share a year ago.
Curious about The PNC Financial Services Group (PNC) Q2 Performance? Explore Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for The PNC Financial Services Group (PNC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
PNC Financial (PNC) to Post Q2 Earnings: Here's What to Expect
PNC Financial's (PNC) second-quarter 2024 results are likely to be driven by an improved lending scenario and an increase in fee income, offset by rising expenses and higher provisions.
Analysts Estimate The PNC Financial Services Group, Inc (PNC) to Report a Decline in Earnings: What to Look Out for
The PNC Financial Services Group (PNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
PNC Financial (PNC) Announces a 3% Hike in Quarterly Dividend
PNC Financial (PNC) announces a quarterly dividend hike of 3% following the Fed's stress test results. Its solid balance sheet and earnings strength are set to support the capital distribution moves.
The PNC Financial Services Group (PNC) Up 9.6% Since Last Earnings Report: Can It Continue?
The PNC Financial Services Group (PNC) reported earnings 30 days ago. What's next for the stock?
