The PNC Financial Services Group, Inc (PNC) came out with quarterly earnings of $3.77 per share, beating the Zacks Consensus Estimate of $3.30 per share. This compares to earnings of $3.16 per share a year ago.
PNC Financial on Thursday reported a higher fourth-quarter profit as it earned more in interest payments and set aside less capital to cover potential loan defaults.
The PNC Financial Services Group, Inc. PNC will release earnings results for its fourth quarter, before the opening bell on Thursday, Jan. 16, 2025.
Beyond analysts' top -and-bottom-line estimates for The PNC Financial Services Group (PNC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
PNC's Q4 2024 results are likely to benefit from a rise in NII. However, rising costs and lower fee income are concerns.
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.
PNC Financial gets its prior hold rating reaffirmed, as its stable dividend growth is overshadowed by weak loan growth and rising loan loss provisions. Macro factors like credit card demand could be a boost, but the risk of rising loan delinquencies and high-interest rates could have an impact. A strong profit margin vs similar banking peers is a plus.
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.
PNC rises 26.8% in six months. Let us find out the reasons behind the bullish investor sentiments and analyze if the stock is worth buying for 2025.
The PNC Financial Services Group, Inc. (NYSE:PNC ) Goldman Sachs 2024 U.S. Financial Services Conference Transcript November 10, 2024 1:00 PM ET Company Participants William Demchak - CEO and Chairman Robert Reilly - Vice President & Chief Financial Officer Conference Call Participants Richard Ramsden - Goldman Sachs Richard Ramsden Okay, so I'm delighted to be joined by Bill Demchak. Bill is the CEO and Chairman of PNC.
PNC Financial Services Group would look at banks with core retail deposits in the right markets for mergers and acquisitions, but would avoid lenders with heavy real estate exposure, its CEO said on Tuesday.
Gus Faucher, chief economist at PNC, joins CNBC's 'Power Lunch' to discuss the latest jobs report, economic outlooks, and more.