The PNC Financial Services Group, Inc. (PNC)
PNC Expects Loan Growth After Fed's Rate Cut
PNC Financial Services Group said Tuesday (Oct. 15) that it is prepared for lending to pick up after the Federal Reserve cut interest rates in September. During the third quarter, which ended Sept.
PNC Financial Q3 Earnings Beat on Higher Fee Income, Costs Rise
The PNC Financial Services Group, Inc.'s PNC third-quarter 2024 adjusted earnings per share of $3.49 surpassed the Zacks Consensus Estimate of $3.29. In the prior-year quarter, the company reported earnings per share of $3.60.
The PNC Financial Services Group, Inc. (PNC) Q3 2024 Earnings Call Transcript
The PNC Financial Services Group, Inc. (NYSE:PNC ) Q3 2024 Earnings Conference Call October 15, 2024 10:00 AM ET Company Participants Bryan Gill - Executive Vice President and Director of Investor Relations Bill Demchak - Chairman and Chief Executive Officer Rob Reilly - Executive Vice President and Chief Financial Officer Conference Call Participants Erika Najarian - UBS John Pancari - Evercore Piper Sandler - Scott Siefers Matt O'Connor - Deutsche Bank Bill Carcache - Wolfe Research Mike Mayo - Wells Fargo Ebrahim Poonawala - Bank of America Betsy Graseck - Morgan Stanley Gerard Cassidy - RBC Capital Markets Operator Greetings, welcome to The PNC Financial Services Group Q3 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
The PNC Financial Services Group (PNC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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 September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
PNC Financial quarterly profit drops on lower interest income, higher provisions
PNC Financial reported a 4% drop in third-quarter net profit on Tuesday, as it earned less from customer interest payment and set aside a bigger buffer of capital to cover loans that may not be repaid in an uncertain economy.
The PNC Financial Services Group, Inc (PNC) Q3 Earnings and Revenues Beat Estimates
The PNC Financial Services Group, Inc (PNC) came out with quarterly earnings of $3.49 per share, beating the Zacks Consensus Estimate of $3.29 per share. This compares to earnings of $3.60 per share a year ago.
3-Stock Lunch: Delta Air Lines, Advanced Micro & PNC Bank
Will McGough, Prime Capital Financial director of investments, joins 'Power Lunch' to discuss stock plays for three stocks.
Exploring Analyst Estimates for The PNC Financial Services Group (PNC) Q3 Earnings, Beyond Revenue and EPS
Besides Wall Street's top -and-bottom-line estimates for The PNC Financial Services Group (PNC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
The PNC Power Play: Strong Dividends, Smart Moves, And Room To Run
PNC Financial excels in non-interest income and strategic diversification, with 40% of revenue from corporate and institutional banking, and disciplined expense management. Despite potential net interest income declines, PNC's strong balance sheet and capital flexibility offer resilience in a complex macroeconomic environment. PNC offers a compelling mix of growth and income with a 3.5% yield and a 9.3% five-year CAGR, though it faces risks from rate cuts and commercial real estate.
Rise in Net Interest Income to Support PNC Financial's Q3 Earnings
PNC's Q3 2024 results are likely to benefit from a rise in NII and capital markets & advisory revenues. Yet, rising costs and lower fee income are concerns.
The PNC Financial Services Group, Inc (PNC) Expected to Beat Earnings Estimates: Should You Buy?
The PNC Financial Services Group (PNC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Will The PNC Financial Services Group (PNC) Beat Estimates Again in Its Next Earnings Report?
The PNC Financial Services Group (PNC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
