Fourth quarter net income was $1.5 billion, $3.26 diluted EPS Supported stakeholders and generated annual positive operating leverage PITTSBURGH , Jan. 15, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the year For the quarter In millions, except per
PITTSBURGH , Jan. 5, 2021 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.15 per share. The dividend will be payable Feb. 5, 2021 , to shareholders of record at the close of business Jan.
PITTSBURGH , Dec. 11, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Dec. 23, 2020 of all of the outstanding Senior Notes due Jan. 22, 2021 issued by PNC Bank, National Association in the amount of $900,000,000 (CUSIP 69353RFH6).
PITTSBURGH , Dec. 10, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the fourth quarter and full year 2020 at approximately 6:45 a.m. (ET) , Friday, Jan. 15, 2021 , as previously announced.
PITTSBURGH , Nov. 24, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q. Reilly will discuss business performance,
Acquisition significantly accelerates PNC's national expansion strategy; creates nation's 5th largest bank by asset size PITTSBURGH , Nov. 16, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) and the Spanish financial group, Banco Bilbao Vizcaya Argentaria, S.A.
PITTSBURGH , Oct. 26, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a virtual moderated discussion format at 10:30 a.m.
Continuing to generate positive operating leverage; strong capital and liquidity PITTSBURGH , Oct. 14, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the quarter In millions, except per share data 3Q20 2Q20 3Q19 Net income (loss) from continuing
Declares Dividend of $1.15 on Common Stock PITTSBURGH , Oct. 1, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today appointed David L. Cohen to its Board of Directors, effective immediately. Cohen is a senior executive vice president of Comcast Corporation, where he
- Substantial number of business owners make transformations to workforce, business processes, procedures and technology - While 97% of applicants call PPP essential to their business, more than half of all businesses say more government stimulus funding is needed - Despite dip since spring,
PITTSBURGH , Sept. 25, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Oct. 6, 2020 , of all of the outstanding Senior Notes due Nov. 5, 2020 , issued by PNC Bank, National Association in the amount of $1,500,000,000 (CUSIP 69353REU8).
PITTSBURGH , Sept. 11, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the third quarter at approximately 6:45 a.m. (ET) , Wednesday, Oct. 14, 2020 , as previously announced. PNC Chairman, President and Chief Executive Officer William
PITTSBURGH , Sept. 1, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a virtual moderated discussion format at 8:15 a.m.
PITTSBURGH , July 31, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Sept. 1, 2020 , of $480,000,000 of Depositary Shares (CUSIP: 693475832) (the "Depositary Shares") representing interests in PNC's 5.375% Non-Cumulative Perpetual
Strong capital, liquidity and reserve levels Supporting customers, communities and employees PITTSBURGH , July 15, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the quarter 2Q20 1Q20 2Q19 Net income (loss) from continuing operations ( $744 ) $759
PITTSBURGH , July 7, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the addition of two new members to its Executive Committee. Carole Brown will be Head of PNC's Asset Management Group (AMG), and Richard K. Bynum will serve in the newly created role of
PITTSBURGH , June 30, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) last week received the results of the Federal Reserve's 2020 Comprehensive Capital Analysis and Review (CCAR). The Federal Reserve's CCAR disclosure included its estimate of PNC's minimum capital ratios
PITTSBURGH , June 25, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today the results of its biennial company-run stress test conducted in accordance with regulations of the Board of Governors of the Federal Reserve System ( Federal Reserve ) and the Office of
PITTSBURGH , June 18, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced a commitment of more than $1 billion to help end systemic racism and support economic empowerment of African Americans and low- and moderate-income communities.
PITTSBURGH , June 17, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that it will close all offices at 2 p.m. , local time, Friday, June 19 , in observance of Juneteenth. "If there is anything the past few weeks in our country have revealed, it's that we
PITTSBURGH , June 11, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the second quarter at approximately 6:45 a.m. (ET) , Wednesday, July 15, 2020 , as previously announced. PNC Chairman, President and Chief Executive Officer William
PITTSBURGH , June 11, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on June 22, 2020 of all of the outstanding Senior Notes due July 21, 2020 issued by PNC Bank, National Association in the amount of $750,000,000 (CUSIP 69353RES3).
PITTSBURGH , June 3, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it expects to issue quarterly earnings releases pre-market open and hold conference calls at the times indicated on the following dates: Fourth Quarter 2020 – Friday, Jan.
PITTSBURGH , May 29, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on June 10, 2020 of all of the outstanding Senior Floating Rate Notes due June 10, 2021 issued by PNC Bank, National Association in the amount of $800,000,000 (CUSIP
PITTSBURGH , May 26, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a moderated discussion format at 10:15 a.m.
PITTSBURGH , May 15, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) today announced the closing of its sale of 31.6 million shares of BlackRock, Inc. (NYSE:BLK) common and preferred stock through a registered offering at a price of $420 per share.
PITTSBURGH , May 12, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that it has agreed to sell 28.75 million shares of BlackRock, Inc. (NYSE: BLK) common and preferred stock through a registered offering at a price of $420 per share.
Transaction to Bolster Capital to Highest Level in PNC's History PITTSBURGH , May 11, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) today announced its intent to sell its investment in BlackRock, Inc. (NYSE:BLK) through a registered offering and related buyback by
More than 70,500 PPP loans totaling $14 billion registered by the SBA for PNC small business customers PITTSBURGH , May 1, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that the U.S. Small Business Administration (SBA) has registered more than 70,500
PITTSBURGH , April 23, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on May 4, 2020 of all of the outstanding Senior Notes due June 1, 2020 issued by PNC Bank, National Association in the amount of $750,000,000 (CUSIP 69353REP9).
Supporting customers, communities and employees Continued strong capital and liquidity PITTSBURGH , April 15, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the quarter 1Q20 4Q19 1Q19 Net income $ millions $915 $1,381 $1,271 Diluted earnings per
PITTSBURGH , April 9, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on April 20, 2020 of all of the outstanding Senior Notes due May 19, 2020 issued by PNC Bank, National Association in the amount of $1,000,000,000 (CUSIP 69353RFC7).
PITTSBURGH , April 3, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it will hold its 2020 Annual Meeting of Shareholders solely over the web in a virtual-only format due to the public health impact of the coronavirus (COVID-19).
A $30 million pledge to address hardship in communities during pandemic PITTSBURGH , April 2, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) today announced $30 million in charitable support of coronavirus relief efforts, primarily directed toward basic needs and hardship
PITTSBURGH , April 2, 2020 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.15 per share. The dividend will be payable May 5, 2020 to shareholders of record at the close of business April 16,
PITTSBURGH , March 16, 2020 /PRNewswire/ -- PNC announced a decrease in its prime lending rate. The new rate of 3.25% is effective tomorrow, March 17, 2020 . The PNC Financial Services Group, Inc. (NYSE: PNC) is one of the largest diversified financial services institutions in the United States ,
PITTSBURGH , March 16, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it will temporarily suspend its common stock repurchase program through June 30, 2020 . This action is being taken in conjunction with the Federal Reserve's effort to support the
PITTSBURGH , March 9, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the first quarter of 2020 Wednesday, April 15 , as previously announced, at approximately 6:45 a.m. (ET) . PNC Chairman, President and Chief Executive Officer
PITTSBURGH , March 3, 2020 /PRNewswire/ -- PNC announced a decrease in its prime lending rate. The new rate of 4.25% is effective tomorrow, March 4, 2020 . The PNC Financial Services Group, Inc. (NYSE: PNC) is one of the largest diversified financial services institutions in the United States ,
PITTSBURGH , Feb. 28, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on March 12, 2020 of all of the outstanding Senior Floating Rate Notes due March 12, 2021 issued by PNC Bank, National Association in the amount of $1,100,000,000 (CUSIP
Fourth quarter net income was $1.4 billion, $2.97 diluted EPS PNC announces $1.0 billion increase to authorized share repurchases PITTSBURGH , Jan. 15, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the year For the quarter 2019 2018 4Q19 3Q19 4Q18 Net
PITTSBURGH , Jan. 2, 2020 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.15 per share. The dividend will be payable Feb. 5, 2020 , to shareholders of record at the close of business Jan.
PITTSBURGH , Dec. 12, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the fourth quarter and full year 2019 at approximately 6:45 a.m. (ET) , Wednesday, Jan. 15, 2020 , as previously announced.
PITTSBURGH , Nov. 26, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a moderated discussion format at 1:30 p.m.
-- PNC celebrates 36th year of tallying the cost of the gifts in the classic holiday song -- Gold rings in the season; turtle dove prices head south -- Overall costs stay flat after a 1.2% increase in 2018 PITTSBURGH , Nov. 20, 2019 /PRNewswire/ -- The PNC Christmas Price Index predicts True Loves
PITTSBURGH , Nov. 12, 2019 /PRNewswire/ -- Hawthorn, PNC Family Wealth ® , announced today the launch of the Hawthorn Institute for Family Success – a new suite of specialized services available to its clients to help them and their families thrive and successfully transfer wealth across
Proceeds will fund eligible projects that promote a transition to a low-carbon economy PITTSBURGH , Nov. 1, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today the closing of its inaugural Green Bond issuance. The proceeds will fund eligible projects that promote
PITTSBURGH , Oct. 30, 2019 /PRNewswire/ -- PNC announced a decrease in its prime lending rate. The new rate of 4.75% is effective tomorrow, Oct. 31, 2019 . The PNC Financial Services Group, Inc. (NYSE: PNC) is one of the largest diversified financial services institutions in the United States ,
PITTSBURGH , Oct. 24, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today published the results of its company-run mid-cycle stress test under the Dodd-Frank Wall Street Reform and Consumer Protection Act. Results of the company-run mid-cycle stress test, including PNC's
Loans, deposits, revenue increased; expenses well controlled PITTSBURGH , Oct. 16, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the quarter 3Q19 2Q19 3Q18 Net income $ millions $1,392 $1,374 $1,400 Diluted earnings per common share $2.94 $2.88 $2.82
PITTSBURGH , Oct. 3, 2019 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.15 per share. The dividend will be payable Nov. 5, 2019 , to shareholders of record at the close of business Oct.
PITTSBURGH , Sept. 24, 2019 /PRNewswire/ -- The PNC Financial Services Group (NYSE: PNC) and M Financial Group (M Financial) today announced the signing of an insurance marketing and service agreement to offer insurance solutions, advice and service to PNC's Wealth Management ® and Hawthorn, PNC
PITTSBURGH , Sept. 18, 2019 /PRNewswire/ -- PNC announced a decrease in its prime lending rate. The new rate of 5% is effective tomorrow, Sept. 19, 2019 . The PNC Financial Services Group, Inc. (NYSE: PNC) is one of the largest diversified financial services institutions in the United States ,
- PNC Survey finds 55% of respondents describe their outlook for their own business as optimistic, near record high in 16-year survey. - With talk of tariffs, 38% anticipate paying higher prices to suppliers over the next six months. - Despite talk of a recession, most small and mid-size business
PITTSBURGH , Sept. 13, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the third quarter at approximately 6:45 a.m. (ET) , Wednesday, Oct. 16, 2019 , as previously announced. PNC Chairman, President and Chief Executive Officer William
PITTSBURGH , Sept. 6, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Sept. 18, 2019 of all of the outstanding Senior Notes due Oct. 18, 2019 issued by PNC Bank , National Association in the amount of $1,250,000,000 (CUSIP 69353RDZ8).
PITTSBURGH , Aug. 28, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a moderated discussion format at 9:00 a.m.
PITTSBURGH , July 31, 2019 /PRNewswire/ -- PNC announced a decrease in its prime lending rate. The new rate of 5.25% is effective tomorrow, Aug. 1, 2019 . The PNC Financial Services Group, Inc. (NYSE: PNC) is one of the largest diversified financial services institutions in the United States ,
Grew loans, deposits, revenue; generated positive operating leverage PITTSBURGH , July 17, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the quarter 2Q19 1Q19 2Q18 Net income $ millions $1,374 $1,271 $1,356 Diluted earnings per common share $2.88
PITTSBURGH , July 9, 2019 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.15 per share, an increase of 20 cents per share, or 21%, from the second quarter dividend of 95 cents per share.
PITTSBURGH , June 27, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that the Board of Governors of the Federal Reserve System accepted its capital plan and did not object to its proposed capital actions. The capital plan included a recommendation to
PITTSBURGH , June 21, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today the results of its annual company-run stress test conducted in accordance with regulations of the Board of Governors of the Federal Reserve System (Federal Reserve) and the Office of the
PITTSBURGH , June 13, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the second quarter at approximately 6:45 a.m. (ET) , Wednesday, July 17, 2019 , as previously announced. PNC Chairman, President and Chief Executive Officer William
PITTSBURGH , June 5, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it expects to issue quarterly earnings releases pre-market open and hold conference calls at the times indicated on the following dates: Fourth Quarter 2019 – Wednesday, Jan.
PITTSBURGH , May 29, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a moderated discussion format at 9:30 a.m.
Strong loan growth, net interest margin expanded, expenses well controlled PITTSBURGH , April 12, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the quarter 1Q19 4Q18 1Q18 Net income $ millions $1,271 $1,351 $1,239 Diluted earnings per common share
PNC Grow Up Great® 15th anniversary kicks off with "Great Big Book Drive" in most markets PITTSBURGH , April 4, 2019 /PRNewswire/ -- The PNC Financial Services Group (NYSE: PNC) today launches its 15th anniversary celebration of PNC Grow Up Great ® , announcing an additional $150 million to extend
PITTSBURGH , April 4, 2019 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 95 cents per share. The dividend, with a payment date of May 5, 2019 , will be payable the next business day to
Annual Shareholders Meeting To Be Held April 23 PITTSBURGH , March 5, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the first quarter of 2019 Friday, April 12 , as previously announced, at approximately 6:45 a.m. (ET) .
PITTSBURGH , Feb. 27, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Terry Begley , executive vice president and chief executive officer of Corporate Banking, will discuss business performance, strategy and banking at 1:20 p.m.
- PNC survey queried Americans who could find themselves caught between financially supporting children and elderly families, commonly known as the sandwich generation - Nearly four in 10 members of the sandwich generation do not have an emergency fund - Most expect to have at least one
Fourth quarter net income was $1.4 billion, $2.75 diluted EPS Loans, deposits and net interest income increased; expenses controlled PITTSBURGH , Jan. 16, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the year For the quarter 2018 2017 4Q18 3Q18 4Q17
Declares Dividend of 95 Cents on Common Stock PITTSBURGH , Jan. 3, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today increased the number of directors on its board to 14 and appointed three new members. Joseph Alvarado , Richard Harshman and Toni Townes-Whitley will join
PITTSBURGH , Dec. 19, 2018 /PRNewswire/ -- PNC announced an increase in its prime lending rate. The new rate of 5.50 percent is effective tomorrow, Dec. 20, 2018 . The PNC Financial Services Group, Inc. (NYSE: PNC) is one of the largest diversified financial services institutions in the United
PITTSBURGH , Dec. 12, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today issued a reminder to the holders of outstanding warrants to purchase common stock of PNC (NYSE: PNC.WS) that the warrants will expire on Monday, Dec. 31, 2018 .
PITTSBURGH , Dec. 10, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the fourth quarter and full year 2018 at approximately 6:45 a.m. (ET) , Wednesday, Jan. 16, 2019 , as previously announced.
PITTSBURGH , Nov. 20, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a moderated discussion format at 1:20 p.m.
- PNC celebrates 35th year of tallying the cost of the gifts in the classic holiday song - Geese soar; gold lays an egg - Costs jump 1.2% after three years of stagnant growth PITTSBURGH , Nov. 15, 2018 /PRNewswire/ -- The PNC Christmas Price Index predicts True Loves will need to have more money on
PITTSBURGH , Nov. 8, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced that it received approval from the Federal Reserve today to repurchase up to an additional $900 million in common shares through the end of the second quarter of 2019.
Pilot explores next step in evolution of card security aimed at decreasing card-not-present fraud and saving clients valuable time and inconvenience of card reissuance PITTSBURGH , Nov. 7, 2018 /PRNewswire/ -- PNC Bank Treasury Management, a member of The PNC Financial Services Group, Inc.
PITTSBURGH , Oct. 30, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Robert Q. Reilly , chief financial officer, and Kevin McCann , senior vice president and National Retail Digital Strategy executive, will discuss business performance, strategy and
Average loans and deposits grew, revenue increased, net interest margin expanded PITTSBURGH , Oct. 12, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the quarter 3Q18 2Q18 3Q17 Net income $ millions $1,400 $1,356 $1,126 Diluted earnings per common
PITTSBURGH , Oct. 11, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today published the results of its company-run mid-cycle stress test under the Dodd-Frank Wall Street Reform and Consumer Protection Act. Results of the company-run mid-cycle stress test, including PNC's
PITTSBURGH , Oct. 4, 2018 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 95 cents per share. The dividend will be payable Nov. 5, 2018 to shareholders of record at the close of business Oct.
-- PNC Survey shows optimism about the economy fell slightly since spring, but remains well above fall 2017; pessimism remains at historic low (4 percent). -- Expectations for increased profits are the second-highest on record (59 percent), only outpaced in spring 2018 (64 percent).
PITTSBURGH , Sept. 26, 2018 /PRNewswire/ -- PNC announced an increase in its prime lending rate. The new rate of 5.25 percent is effective tomorrow, Sept. 27, 2018 . The PNC Financial Services Group, Inc. (NYSE: PNC) is one of the largest diversified financial services institutions in the United
PITTSBURGH , Sept. 11, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the third quarter of 2018 at approximately 6:45 a.m. (ET) , Friday, Oct. 12, 2018 , as previously announced. PNC Chairman, President and Chief Executive Officer
PITTSBURGH , Aug. 24, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a moderated discussion format at 10:30 a.m.
PITTSBURGH , Aug. 17, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it expects to issue quarterly earnings releases pre-market open and hold conference calls at the times indicated on the following dates: Fourth Quarter 2018 – Wednesday, January 16,
Loans and revenue grow, net interest margin increases, expenses controlled PITTSBURGH , July 13, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the quarter 2Q18 1Q18 2Q17 Net income $ millions $1,356 $1,239 $1,097 Diluted earnings per common share
PITTSBURGH , July 5, 2018 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 95 cents per share, an increase of 20 cents per share, or 27 percent, from the second quarter dividend of 75 cents per
PITTSBURGH , June 28, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that the Board of Governors of the Federal Reserve System accepted its capital plan and did not object to its proposed capital actions. The capital plan included a recommendation to
PITTSBURGH , June 21, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today the results of its annual company-run stress test conducted in accordance with regulations of the Board of Governors of the Federal Reserve System (Federal Reserve) and the Office of the
PITTSBURGH , June 13, 2018 /PRNewswire/ -- PNC announced an increase in its prime lending rate. The new rate of 5.00 percent is effective tomorrow, June 14, 2018 . The PNC Financial Services Group, Inc. (NYSE: PNC) is one of the largest diversified financial services institutions in the United
PITTSBURGH , June 6, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the second quarter of 2018 at approximately 6:45 a.m. (ET) , Friday, July 13, 2018 , as previously announced. PNC Chairman, President and Chief Executive Officer
PITTSBURGH , May 30, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chief Financial Officer Robert Q. Reilly will discuss business performance, strategy and banking in a moderated discussion format at 10:35 a.m.
PITTSBURGH , May 16, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a moderated discussion format at 9:55 a.m.
Strong EPS, revenue, net interest margin growth year over year PITTSBURGH , April 13, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the quarter 1Q18 4Q17 1Q17 Net income $ millions $1,239 $2,091 $1,074 Diluted earnings per common share $2.43 $4.18
PITTSBURGH , April 4, 2018 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 75 cents per share. The dividend, with a payment date of May 5, 2018 , will be payable the next business day to
- Pre-K teachers submit projects on DonorsChoose.org, PNC Foundation to match donations through May 31, 2018 - More than 3,700 preschool teachers who submitted projects in 2017 will receive $100 DonorsChoose.org gift cards for future projects - An early education teacher in each PNC market will
- PNC Survey shows optimism running at historic highs in all categories. - Half (49 percent) of business leaders anticipating an increase in employee compensation; highest rate since fall 2007. - Six out of 10 expect demand for their company's products or services to increase.
PITTSBURGH , March 21, 2018 /PRNewswire/ -- PNC (NYSE: PNC) announced an increase in its prime lending rate. The new rate of 4.75 percent is effective tomorrow, March 22, 2018 . The PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in the United
Annual Shareholders Meeting To Be Held April 24 PITTSBURGH , March 1, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the first quarter of 2018 Friday, April 13, 2018 , as previously announced, at approximately 6:45 a.m. (ET) .
Gagan Singh to Serve as Chief Investment Officer, Randall King as Treasurer PITTSBURGH , Feb. 22, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that E William Parsley III has been named chief operating officer effective immediately.
Fourth quarter net income was $2.1 billion, $4.18 diluted EPS Revenue grew, expenses well managed, tax legislation benefit PITTSBURGH , Jan. 12, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the year For the quarter 2017 2016 4Q17 3Q17 4Q16 Net income $
PITTSBURGH , Jan. 11, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Jan. 24, 2018 of all of the outstanding Senior Notes due Feb. 23, 2018 issued by PNC Bank , National Association in the amount of $1,000,000,000 (CUSIP 69353REJ3).
Declares Dividend of 75 Cents on Common Stock PITTSBURGH , Jan. 4, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today appointed Linda R. Medler and Martin Pfinsgraff to its board of directors, effective immediately. Linda R.
PITTSBURGH , Dec. 22, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced investments in its employee compensation and communities following the signing of the tax reform bill today. PNC will: Provide for employees in the defined benefit pension plan an additional
PITTSBURGH , Dec. 13, 2017 /PRNewswire/ -- PNC (NYSE: PNC) announced an increase in its prime lending rate. The new rate of 4.50 percent is effective tomorrow, Dec. 14, 2017 . The PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in the United
PITTSBURGH , Nov. 21, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a moderated discussion format at 11:10 a.m.
-- PNC celebrates 34th year of tallying the cost of the gifts in the classic holiday song -- Pear tree, gold, Lords leap; nine gift prices remain flat -- Costs trail Consumer Price Index for second straight year PITTSBURGH , Nov. 15, 2017 /PRNewswire/ -- The PNC Christmas Price Index predicts True
- Provides quarterly earnings release dates in 2018 - PITTSBURGH , Nov. 14, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it expects to issue financial results for the fourth quarter and full year 2017 Friday, Jan. 12, 2018 .
Retirement Savers Reinforce Importance of Setting Goals and Monitoring Investments - 72 percent of "Successful Savers" confident in achieving life goals - 56 percent of workers want to spend more time with family in retirement - 3 of 4 savers actively set life goals and regularly monitor retirement
PITTSBURGH , Oct. 19, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Robert Q. Reilly , chief financial officer, and Karen Larrimer , head of Retail Banking and chief customer officer, will discuss business performance, strategy and banking at 8:55 a.m.
Loans, deposits, revenue increase; expenses well controlled PITTSBURGH , Oct. 13, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the quarter 3Q17 2Q17 3Q16 Net income $ millions $1,126 $1,097 $1,006 Diluted earnings per common share $2.16 $2.10 $1.84
PITTSBURGH , Oct. 11, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today published the results of its company-run mid-cycle stress test under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The information is available in the Investor Relations section of
- PNC Survey shows optimism has shifted significantly to a more moderate level since the spring. - More than half anticipate increases in sales and profits. - One in three say it's harder to hire qualified employees than it was six months to a year ago; leading cause - inadequate skills and
PITTSBURGH , Oct. 3, 2017 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 75 cents per share. The dividend, with a payment date of Nov. 5, 2017 , will be payable the next business day to
