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.
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.
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 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.
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.
WFC and PNC are making efforts to grow strategically. Read on to know which has more upside potential in 2025.
PNC's subsidiary enters an agreement to acquire Aqueduct Capital Group, which will enhance the former's primary fund placement 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.
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.
PNC Financial reported Q1 earnings with a slight revenue miss but a 12-cent EPS beat, showing 13.2% YoY growth despite a -6.9% QoQ decline. Management reaffirmed guidance for modest loan growth and net interest income increase but flagged potential tariff impacts on non-interest income. PNC's stock is undervalued, trading at 1.4x price-to-tangible book value, with a 4.20% dividend yield.
The PNC Financial Services Group, Inc. (NYSE:PNC ) Q1 2025 Earnings Conference Call April 15, 2025 10:00 AM ET Company Participants Bryan Gill - EVP and Director of IR Bill Demchak - Chairman and CEO Rob Reilly - EVP and CFO Conference Call Participants John Pancari - Evercore Bill Carcache - Wolfe Research Betsy Graseck - Morgan Stanley Scott Siefers - Piper Sandler Ebrahim Poonawala - Bank of America Mike Mayo - Wells Fargo Ken Usdin - Autonomous Research Erika Najarian - UBS Gerard Cassidy - RBC Capital Markets John McDonald - Truist Securities Matt O'Connor - Deutsche Bank Operator Greetings, and welcome to The PNC Financial Services Group First Quarter 2025 Earnings Conference Call. At this time all participants are in a listen-only mode.
PNC's first-quarter 2025 results reflect a rise in fee income and NII. Yet, increased expenses act as headwinds.