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 ...
PNC Financial Services Group PNC reported third-quarter earnings per share of $3.49, 3% lower than the $3.60 in the year-ago quarter. Loan growth remained tepid, as loan balances were flattish both ...
PNC beats Wall Street’s fourth-quarter earnings expectations, partly reflecting recapture of loan-loss provisions totaling $254 million. Shares of PNC at last check were off 1.4% to $158.07.
PNC Financial Services Group is upping its guidance for loan growth in 2025, after more than two years of stubbornly stagnant borrower activity. The Pittsburgh-based bank is now forecasting a 1% rise ...
PNC Financial Services Group in Pittsburgh said ongoing investments in its retail and middle-market businesses paid off in the third quarter, and fee income and lower federal taxes helped the bottom ...
Despite some weaknesses in loan growth and deposit performance, PNC's Q4 results were among the best of its peers, with impressive net interest income and margin improvements. PNC's growth outlook is ...
At the Bank of America Financial Services Conference, PNC Financial Services Group PNC lowered its first-quarter 2024 net interest income (NII) guidance on dismal loan growth. The company expects NII ...
Whether you’re in the market for a new or used car, choosing the best bank for your car loan is vital. After all, this is a lender you’ll be dealing with for several years to come — provided you don’t ...
American consumers are struggling under the weight of soaring auto loan debt. Auto delinquencies are up more than 50% since 2010 and have transitioned from the safest to riskiest consumer commercial ...
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