PNC Financial Services Group Stock Price, News & Analysis

PNC (NYSE: PNC) completed its acquisition of FirstBank Holding Company and its banking subsidiary effective Jan. 5, 2026, following receipt of required regulatory approvals and customary closing conditions.

PNC said the deal expands its presence in Colorado and Arizona, begins integration into PNC's national platform, and targets customer conversion this summer. FirstBank Series B preferred shares were converted into a newly created PNC Series X preferred, and PNC's board declared a quarterly cash dividend of $18.13 per Series X preferred share (record date Jan. 15, 2026; payment Jan. 29, 2026).

The PNC Financial Services Group (NYSE: PNC) declared a quarterly cash dividend of $1.70 per common share, payable Feb. 5, 2026 to shareholders of record at the close of business on Jan. 20, 2026.

The board also declared cash dividends on multiple preferred series (most represented by 100 depositary shares) with payment dates in Feb–Mar 2026; key preferred payments include Series U $1,500.00 (per preferred) payable Feb. 15, 2026 and Series T $850.00 payable March 15, 2026. If a payment date falls on a non-business day, payment will occur the next business day.

PNC (NYSE: PNC) closed LIHTC Fund 100, investing more than $175 million to develop and rehabilitate affordable rental housing across the U.S.

The fund will support construction or rehabilitation of nearly 1,500 affordable homes in 17 properties across 10 states and Washington, D.C. and includes investments from PNC and six other financial and insurance companies. As of Sept. 30, 2025, PNC Multifamily Capital manages about $15.8 billion in tax credit equity and maintains a $34 billion agency loan portfolio.

PNC (PNC) is the presenting sponsor of GENYOUth's Taste of the Draft community initiative tied to the 2026 NFL Draft in Pittsburgh.

The program will fund grants for school nutrition equipment and NFL FLAG-In-School kits for 91 Pennsylvania schools, expand access to about 13.5 million school meals annually, and benefit roughly 50,000 students across 10 counties. Taste of the Draft will be held April 22, 2026, at The Tower at PNC Plaza; schools can sign up at www.GENYOUthnow.org for grant notifications beginning February 2026.

GENYOUth, together with the NFL, Pittsburgh Steelers, VisitPITTSBURGH and PNC (PNC), launched a community impact initiative tied to the 2026 NFL Draft to address student food insecurity and physical activity in Western Pennsylvania.

Taste of the Draft on April 22, 2026, will fund grants for school nutrition equipment and NFL FLAG-In-School kits for 91 Pennsylvania schools. Partners expect to expand access to approximately 13.5 million school meals annually, benefiting 50,000 students across 10 counties. Schools can apply for equipment beginning February 2026 and sign up for notifications at GENYOUthnow.org.

PNC (NYSE: PNC) announced the national launch of PNC Simple Checking on December 15, 2025, a low-cost checking account with no overdraft or nonsufficient fund fees and multiple ways to avoid a $5 monthly service charge. The account offers unlimited direct deposits, teller transactions, check writing, withdrawals, no-fee cashier's checks, customizable alerts, PNC Mobile App access, Zelle, cardless ATM use, and debit card personalization. It replaces PNC's student solution with no monthly fees for customers under 25 until age 25 and is Bank On certified. Account opening is available across all PNC channels.

PNC (NYSE: PNC) said it has received regulatory approvals from the Board of Governors of the Federal Reserve, the Office of the Comptroller of the Currency and the Colorado Division of Banking to complete its acquisition of FirstBank.

PNC expects the transaction to close on or about Jan. 5, 2026, will integrate FirstBank into its national platform and plans a full customer conversion in mid-2026. The announcement notes issuance of PNC common stock in the merger and lists integration, timing, cost and dilution risks.

PNC (NYSE: PNC) announced a change to its prime lending rate. The bank set a new prime rate of 6.75%, effective Dec. 11, 2025.

The announcement identifies PNC Bank, National Association as a member of The PNC Financial Services Group and summarizes the bank's retail, business, corporate and wealth management services.

PNC (PNC) on Dec 9, 2025 launched direct spot bitcoin trading for eligible PNC Private Bank clients, becoming the first major U.S. bank to offer this capability to that client segment. The service is integrated into PNC Private Bank Online via Portfolio View and is powered by Coinbase Crypto-as-a-Service (CaaS) for trading, custody and financing. Initial access is limited to eligible high‑ and ultra‑high‑net‑worth clients across PNC’s Private Bank network; PNC plans expanded access and enhanced features in future phases.