PNC Financial Services Group, Inc. (PNC)
PNC Multifamily Capital Announces $208 Million Affordable Housing Fund, Increasing Access to Affordable Housing Across the U.S.
PITTSBURGH , June 18, 2025 /PRNewswire/ -- PNC Bank, N.A., a tax credit syndication leader, today announced the closing of Low-Income Housing Tax Credit (LIHTC) Fund 98, which is investing more than $208 million in the development and rehabilitation of affordable rental housing across the U.S. The fund includes investments from PNC and seven other financial services and insurance companies, including two investors that are new to PNC's LIHTC funds.
PNC Financial: Long-Term Investors Should Wait For A Pullback
PNC Financial boasts strong geographic and business diversification versus peers, but near-term growth prospects remain muted. Sizable exposure to commercial real estate, especially office loans, poses ongoing risks despite recent improvements in asset quality. Profitability and capital ratios are acceptable but not industry-leading; dividend growth is expected to be modest going forward.
PNC Bank Launches PNC Mobile Accept®, A New Pay-As-You-Go Payment Processing Solution for Micro Businesses
New solution enables small businesses to securely accept card payments via the PNC Mobile Banking App PITTSBURGH , June 11, 2025 /PRNewswire/ -- PNC Bank today announced the launch of PNC Mobile Accept® , a fully integrated payment solution that provides its micro business clients with the ability to accept in-person credit and debit card payments directly within the PNC Mobile app. Designed for businesses processing less than $300,000 in credit and debit card transactions annually, PNC Mobile Accept is a self-service solution that gives business owners fast, secure access to accept funds directly from their phone or tablet with no monthly fee.
PNC Financial Gains 17% in a Year: How to Approach the Stock Now?
PNC stock moves up 17% in a year, but rising expenses and rate pressure are concerning. Read on to know if it is the right time to buy.
The PNC Financial Services Group Announces Second Quarter Conference Call Details
PITTSBURGH , June 3, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the second quarter 2025 at approximately 6:30 a.m. (ET), Wednesday, July 16, 2025, as previously announced.
PNC Executives to Speak at Morgan Stanley US Financials Investor Conference
PITTSBURGH , May 28, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q.
PNC Financial: Still Cheap After The Recent Rally
PNC is a buy due to its strong fundamentals, improving external environment, and attractive valuation relative to historical averages and return on equity. Recent earnings showed resilient net interest margins and stable asset quality, despite minor declines in deposits and loans from select segments. Management's guidance remains confident, expecting stable loan growth, modest deposit increases, and expanding net interest income as rate cuts lower funding costs.
The PNC Financial Services Group Provides Quarterly 2026 Earnings Release Dates
PITTSBURGH , May 22, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today it expects to issue 2026 quarterly earnings releases pre-market open and hold conference calls at 10 a.m. (ET) on the following dates: First Quarter – Wednesday, April 15, 2026 Second Quarter – Wednesday, July 15, 2026 Third Quarter –Thursday, October 15, 2026 Fourth Quarter – Friday, January 15, 2027 A link to the live audio webcast, presentation slides, earnings release and supplementary financial information will be made available at www.pnc.com/investorevents, and dial-in information will be provided at a later date.
Wells Fargo Vs PNC Financial: Which Stock Has More Upside in 2025?
WFC and PNC are making efforts to grow strategically. Read on to know which has more upside potential in 2025.
PNC Financial's Arm Enters Deal to Acquire Aqueduct Capital Group
PNC's subsidiary enters an agreement to acquire Aqueduct Capital Group, which will enhance the former's primary fund placement capabilities.
PNC Bank Agrees to Acquire Aqueduct Capital Group to Complement Harris Williams Capabilities
Transaction furthers collective value proposition in primary fund placement PITTSBURGH , May 20, 2025 /PRNewswire/ -- PNC Bank today announced entry into a definitive agreement to acquire Aqueduct Capital Group, a placement agent focused on raising capital for private equity, private credit and real asset managers through its broad access to sophisticated, global pools of capital. Founded in 2003, Aqueduct has built a strong reputation advising its clients on a variety of fundraising solutions.
PNC Bank Introduces PNC Spend Wiseâ„ , A No Annual Fee Credit Card Offering A Purchase APR Reduction to Encourage Responsible Credit Habits
New card incentivizes good financial practice via a suite of competitive features PITTSBURGH , May 12, 2025 /PRNewswire/ -- PNC Bank announced today the launch of its latest credit card, PNC Spend Wise℠Visa® , designed to reward clients' responsible and healthy financial habits. This unique credit card is built to encourage responsible financial management through its associated purchase APR reduction program for eligible cardholders who meet timely payment and spend requirements.
