Previous Close | 21.00 |
Open | 21.65 |
Bid | 20.40 |
Ask | 21.50 |
Strike | 140.00 |
Expire Date | 2023-06-16 |
Day's Range | 21.00 - 21.65 |
Contract Range | N/A |
Volume | |
Open Interest | 26 |
In the latest trading session, The PNC Financial Services Group, Inc (PNC) closed at $118.85, marking a +0.06% move from the previous day.
Senator Elizabeth Warren confronted regulators about a deal that made the nation's largest bank even bigger.
Toyota Motor, NextEra Energy, HCA Healthcare, Canadian Pacific Kansas City and The PNC Financial Services are part of the Zacks top Analyst Blog.
Today's Research Daily features new research reports on 16 major stocks, including Toyota Motor Corporation (TM), NextEra Energy, Inc. (NEE) and HCA Healthcare, Inc. (HCA).
PNC Financial (PNC) is expanding through acquisitions. Solid loan and deposit balances are positives. However, elevated expenses, declining NII and exposure to commercial loans are headwinds.
Strength in core banking franchise and impressive fundamentals make a case for PNC Financial (PNC) as a dividend pick for income investors amid the recession fears.
The PNC Financial Services Group
The PNC Financial Services Group
(Bloomberg) -- The unexpected pickups in US hiring and wages last month increase chances the Federal Reserve will hold interest rates high for longer and potentially keep the door open to an 11th straight hike in June.Most Read from BloombergBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresJustice Thomas Ethics Review Questioned by US Court Leader in 2012Kimora Lee Says $93 Million US Wants From Tim Leissner Is HersRussia Says It Has Billions of Indian Rupees That It Can’t UseKing
PNC Financial Services Group (NYSE: PNC) saw its stock price fall 10.9% this week as of Friday at 10:35 a.m. ET, according to S&P Global Market Intelligence. The markets were all down this week, as the S&P 500 was off 1.2%, the Dow Jones Industrial Average fell 1.5%, and the Nasdaq Composite dropped 0.6% this week, as of Friday at 10:35 a.m. ET. PNC Financial is the holding company for PNC Bank, the sixth-largest bank in the country, with about $562 billion in assets.
The Oracle of Omaha sold a large portion of Berkshire’s holdings in US banks between 2020 and 2022, some just months before the banking system upheaval that began in mid March.
PNC Financial Services Group Inc said on Tuesday the parent company and its banking unit can offer up to $15 billion of its commercial paper to provide additional liquidity. The regional bank, which has so far been insulated from deposit flight, said in a filing the holding company can offer up to $5 billion and the banking unit $10 billion. No commercial paper has been issued as of March 31, the filing said.
PNC Financial Services Group Inc said on Tuesday the parent company and its banking unit can offer up to $15 billion of its commercial paper to provide additional liquidity. The regional bank, which has so far been insulated from deposit flight, said in a filing the holding company can offer up to $5 billion and the banking unit $10 billion. No commercial paper has been issued as of March 31, the filing said.
PNC Financial Services Group Inc said on Tuesday the parent company and its banking unit can offer up to $15 billion of its commercial paper to provide additional liquidity. No commercial paper has been issued as of March 31, the filing said. Commercial paper is an unsecured debt instrument issued by companies to finance short-term needs such as inventories and payroll.
Takeout Mexican, lots of coffee and more than 800 people fueled a weekend-long effort by JPMorgan to win a government-led auction.
(Bloomberg) -- US regulators were working into the night to resolve the First Republic Bank crisis late Sunday after a midday deadline passed for submitting final bids to take over the struggling lender.Most Read from BloombergJPMorgan Ends First Republic’s Turmoil After FDIC SeizureBuffett Will Beat the Market as Recession Looms, Investors SayPeak Oil Spells Trouble for ConsumersRivian’s Troubles Don’t End at a 93% WipeoutJerome Powell Could Face More Opposition as Fed Choices Get TougherThe Fe
The FDIC invited several banks to make bids for the San Francisco lender, including JPMorgan and PNC.
PNC Financial Services Group, JPMorgan Chase & Co and Citizens Financial Group Inc were among banks that submitted final bids for First Republic Bank on Sunday in an auction by U.S. regulators, sources familiar with the matter said. The Federal Deposit Insurance Corp had been expected to announce a deal on Sunday night, with the regulator likely to say at the same time that it had seized the lender, three sources previously told Reuters. As the process dragged on late into the evening, one source familiar with the situation said the regulators had come back multiple times with requests for bids to be revised and specific criteria to be refined on assets that were being bid.
The U.S. Federal Deposit Insurance Corp has asked banks including JPMorgan Chase & Co and PNC Financial Services Group to submit final bids for First Republic Bank by Sunday after gauging their initial interest earlier in the week, Bloomberg News reported. The banking regulator reached out to banks late on Thursday seeking indications of interest, including a proposed price and estimated cost to the agency's deposit insurance fund, the report said.
PNC Bank is proud to announce its 13th annual Women in Business Week, a collection of in-person meetings, events and virtual webinars May 8-12, featuring women who are leading the way and changing the game in their industries.
The super-regional bank PNC Financial Services (NYSE: PNC) recently reported first-quarter earnings results that easily beat analyst estimates, although they slightly missed on revenue. While near-term challenges remain, I think PNC presents a more conservative risk-reward opportunity when compared to some of its more immediate peers like U.S. Bancorp and Truist. One thing that stands out about PNC is that its balance sheet is very sound when you look at liquidity, capital, its securities book, and deposits.
Sesame Workshop, the nonprofit educational organization behind Sesame Street, has released new resources to help young children get ready for school with help from the grown-ups in their lives. Created with generous support from PNC Foundation's ongoing early childhood education initiative, PNC Grow Up Great®, the resources help children ages 2-5 build self-awareness and a sense of belonging.
Higher NII on the back of decent loan demand and rising rates support KeyCorp's (KEY) Q1 earnings amid increased provisions, deposit outflows and higher funding costs.