PNC Financial's profit rises on interest income growth, lower rainy-day funds
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.
PNC Financial Q4 Earnings Beat Estimates, NII & Fee Income Rise Y/Y
Strong fee income, higher deposit balances, along with lower expenses, support PNC's Q4 earnings. Yet, a decline in loan balance remains a near-term concern.
PNC Financial 4Q Revenue Increases as Fee Income, Net Interest Income Grow
PNC Financial Services reported higher revenue in its latest quarter driven by a jump in fee income and net interest income. The Pittsburgh bank logged net income of $1.63 billion, or $3.77 a share, compared to $1.51 billion, or $3.49 a share, a year earlier. Analysts polled by FactSet expected $3.33 a share.
PNC Financial Stock Falls As Lower Q1 NII, Loan Projections Outweigh Q4 Profit Beat : Retail Shrugs It Off
Shares of PNC Financial Services Group Inc (PNC) fell over 4% on Thursday morning after the company reported upbeat fourth-quarter (Q4) earnings but projected a decline in first-quarter loans and net interest income.
PNC Financial stock dips on soft Q1 guidance; Q4 results top consensus
PNC Financial Services (NYSE:PNC) shares drifted down 3.2% in Thursday premarket trading after the bank issued Q1 2025 guidance that fell short of Wall Street expectations. Still, Q4 2024 earnings and revenue rose past the consensus as PNC generated higher interest income while setting aside less capital for potential loan losses.
PNC Financial Services reports strong Q4 earnings, but stock dips slightly
NEW YORK - PNC Financial Services Group Inc. (NYSE:PNC) reported fourth quarter earnings that beat analyst expectations, but its stock slipped by 1.32% in early trading.
PNC Financial Q4 Earnings: Credit Losses Provision Dips, Forecasts Sequential Fall In Q1 Revenue And Loans
PNC Financial Services Group, Inc. (NYSE:PNC) reported fourth-quarter revenue increase of 4% year-over-year to $5.57 billion, ...
PNC Financial Services Group Inc. stock underperforms Thursday when compared to competitors
The stock's fall snapped a three-day winning streak.
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PNC hopes new administration means less friction with regulators
The Pittsburgh-based company's fourth-quarter earnings increased more than 80% from the same period in 2023, beating analysts ...
Is PNC Financial (PNC) Among the Best Bank Stocks to Buy in 2025?
We recently published a list of 10 Best Bank Stocks to Buy in 2025. In this article, we are going to take a look at where PNC ...
PNC Financial (PNC) Receives a Rating Update from a Top Analyst
Oppenheimer analyst Chris Kotowski maintained a Hold rating on PNC Financial (PNC – Research Report) today. The company’s shares closed ...
PNC Financial: A Stable Dividend Grower Struggling With Loan Growth And Loan Losses
PNC Financial maintains a strong profit margin but faces weak loan growth. See why PNC stock may be at risk with rising ...