$PNC (The PNC Financial Services Group, Inc.)

$PNC {{ '2016-04-14T11:37:32+0000' | timeago}} • Announcement

$PNC's net interest margin for 1Q16 declined to 2.75% from 2.82% in the previous year quarter. The decrease was principally as a result of lower benefit from purchase accounting accretion and higher securities balances partially offset by lower balances on deposit with the Federal Reserve Bank.

$PNC {{ '2018-01-16T16:08:24+0000' | timeago}} • Infographic

$PNC PNC Financial Services Group Earnings AlphaGraphic: Q1 2018 highlights

$PNC {{ '2018-01-12T19:07:50+0000' | timeago}} • Webcast

After adjusting FY17 results, $PNC expects FY18 revenue to be up by mid-single digits, noninterest expense to be up by low single digits and effective tax rate to be about 17%.

$PNC {{ '2018-01-12T12:24:43+0000' | timeago}} • Announcement

Excluding the impact of tax legislation, net interest income just rose 1% to $2.3Bil in 4Q17 for $PNC, due to higher loan balances and higher loan and securities yields partially offset by higher deposit and borrowing costs. Net interest margin was 2.88%. Noninterest income rose 8% to $1.9Bil.

$PNC {{ '2018-01-12T12:18:50+0000' | timeago}} • Announcement

With total revenue inching 3% up to $4.3Bil in 4Q17 and a tax reform impact of $911MM to net income, $PNC saw net income double to $2.09Bil or $4.18 per diluted share in the quarter from $1.05Bil or $1.97 per share a year ago.

$PNC {{ '2018-01-11T13:43:47+0000' | timeago}} • Announcement

Financial services company $PNC said it has redeemed all of the outstanding senior notes due February 23, 2018, issued by PNC Bank National Association in the amount of $1,000Bil. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date of January 24, 2018.

$PNC {{ '2018-01-05T02:34:23+0000' | timeago}} • Announcement

$PNC declared a quarterly cash dividend of $0.75 per share. The dividend is payable Feb. 5, 2018 to shareholders of record at the close of business Jan. 17, 2018.

$PNC {{ '2018-01-05T02:33:43+0000' | timeago}} • Announcement

$PNC appointed Linda R. Medler and Martin Pfinsgraff to its board of directors, effective Jan 4, 2018. The board also declared a cash dividend on a series of preferred stocks.

$PNC {{ '2018-01-04T15:54:01+0000' | timeago}} • Announcement

Financial services provider $PNC said Linda Medler and Martin Pfinsgraff have joined its board of directors, effective immediately. Medler serves as CEO of IT company LA Medler and Associates. Pfinsgraff had held the post of Senior Deputy Comptroller for Large Bank Supervision at the Office of the Comptroller of Currency, from 2013 until 2017.

$PNC {{ '2017-12-20T20:48:33+0000' | timeago}} • Announcement

$PNC Bank announced that it will acquire Fortis Advisors. The transaction is expected to close in February, and the terms will not be disclosed.

$PNC {{ '2017-10-19T19:54:03+0000' | timeago}} • Announcement

$PNC appointed Brendan McGuire regional president of its Dallas-Ft. Worth (DFW) region following the retirement of Randy Wilhoit. McGuire will also continue to serve as head of PNC’s DFW Corporate Banking team, a role he has had for the last year.

$PNC {{ '2017-10-19T19:52:43+0000' | timeago}} • Announcement

$PNC appointed Brian Bucher regional president of a newly created Port Cities region, encompassing Jacksonville, Charleston, South Carolina and Savannah, Georgia, effective Jan. 1, 2018.

$PNC {{ '2017-10-19T19:49:36+0000' | timeago}} • Announcement

$PNC appointed Nick Willis regional president of its Greater Alabama region. Willis succeeds Brian Bucher, who effective Jan. 1, 2018, will lead PNC’s efforts as regional president of a newly created “Port Cities” market.

$PNC {{ '2017-10-13T18:23:06+0000' | timeago}} • Webcast

Looking ahead to 4Q17 compared to the third quarter, $PNC expects modest growth in loans, with net interest income, fee income and expenses to each be up in the low single digits, and the provision to be between $100-150MM.

$PNC {{ '2017-10-13T18:16:33+0000' | timeago}} • Webcast

For the remainder of FY17, $PNC expects continued steady growth in GDP and a 25 basis-point increase in short-term interest rates in December.

$PNC {{ '2017-10-13T18:14:39+0000' | timeago}} • Webcast

As $PNC posted 3Q17 results, the financial giant continues to expect the effective tax rate to be between 25% and 26% in FY17.

$PNC {{ '2017-10-13T13:19:35+0000' | timeago}} • Infographic

$PNC The PNC Financial Services Group, Inc. Earnings AlphaGraphics: Q3 2017 highlights

$PNC {{ '2017-10-13T11:13:39+0000' | timeago}} • Announcement

Financial giant $PNC saw total loans rise 5% to $221.1Bil in 3Q17 end. Average loans for the quarter also saw a 5% bump to $219.2Bil. Average deposits for the quarter rose 3% to $259.4Bil.

$PNC {{ '2017-10-13T11:06:49+0000' | timeago}} • Announcement

With net interest income jumping 12% to $2.35Bil for $PNC in 3Q17, total revenue rose 8% to $4.13Bil. Noninterest income inched 3% up to $1.78Bil. Net income rose to $1.13Bil from last year's $1.01Bil, while diluted EPS of the financial giant surged 17% to $2.16 in the quarter.

$PNC {{ '2017-10-03T15:44:33+0000' | timeago}} • Announcement

$PNC's BoD 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 shareholders of record at the close of business as on Oct. 17, 2017.

$PNC {{ '2017-07-18T18:11:38+0000' | timeago}} • Webcast

For 3Q17, $PNC sees mortgage gains at about $300MM. As PNC posted 2Q17 results, the banker expects equipment expense to decline quarter-over-quarter.

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