PITTSBURGH , Oct. 30, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Dec. 2, 2024, of $500,000,000 of Depositary Shares (CUSIP: 693475AM7) (the "Depositary Shares") representing interests in PNC's Fixed-To-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series R (the "Series R Preferred Stock"). Each Depositary Share represents ...
PITTSBURGH , Oct. 25, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that President Michael P. Lyons and Executive Vice President and Chief Financial Officer Robert Q.
PITTSBURGH , Oct. 22, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption of, on Nov. 4, 2024, all outstanding Senior Floating Rate Bank Notes due Dec. 2, 2024 issued by PNC Bank, National Association in the amount of $200,000,000 (CUSIP 69353RFV5). The securities have an original scheduled maturity date of Dec. 2, 2024.
PNC Financial Services Group said Tuesday (Oct. 15) that it is prepared for lending to pick up after the Federal Reserve cut interest rates in September. During the third quarter, which ended Sept.
The PNC Financial Services Group, Inc. (NYSE:PNC ) Q3 2024 Earnings Conference Call October 15, 2024 10:00 AM ET Company Participants Bryan Gill - Executive Vice President and Director of Investor Relations Bill Demchak - Chairman and Chief Executive Officer Rob Reilly - Executive Vice President and Chief Financial Officer Conference Call Participants Erika Najarian - UBS John Pancari - Evercor...
PNC Financial reported a 4% drop in third-quarter net profit on Tuesday, as it earned less from customer interest payment and set aside a bigger buffer of capital to cover loans that may not be repaid in an uncertain economy.
Generated positive operating leverage; grew NII; substantially increased fee income and TBV PITTSBURGH , Oct. 15, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the quarter In millions, except per share data and as noted 3Q24 2Q24 3Q23 Third Quarter Highlights Financial Results Comparisons reflect 3Q24 vs. 2Q24 Net interest income (NII) $ 3,410 $...
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