Welcome to our dedicated page for PNC Financial Services Group news (Ticker: PNC), a resource for investors and traders seeking the latest updates and insights on PNC Financial Services Group stock.
The PNC Financial Services Group, Inc. (NYSE: PNC) generates a steady flow of news across retail banking, commercial banking, capital markets, wealth management and community initiatives. As one of the largest diversified financial services institutions in the United States, PNC regularly issues updates on strategic transactions, funding activities, product launches and community partnerships.
Investors and observers following PNC news can expect coverage of corporate developments such as mergers and acquisitions. For example, PNC has announced and completed the acquisition of FirstBank Holding Company and its banking subsidiary, FirstBank, after receiving approvals from federal and state regulators. News around this transaction highlights PNC’s expansion in Colorado, Arizona and the broader Rocky Mountain and Southwest regions.
PNC also releases frequent announcements related to capital and funding, including the issuance and redemption of fixed rate/floating rate senior notes and the declaration of dividends on its common and preferred stock. These items provide insight into PNC’s capital management, funding strategy and shareholder distributions.
On the retail and digital side, PNC news includes product introductions and enhancements such as PNC Simple Checking, a low-cost account with no overdraft or nonsufficient fund fees and integrated digital tools, and the launch of direct spot bitcoin trading capabilities for eligible PNC Private Bank clients through a partnership with Coinbase. These stories illustrate how PNC adapts its offerings to evolving customer preferences and digital trends.
Community and social impact initiatives are another recurring theme in PNC’s news flow. Examples include PNC Multifamily Capital’s affordable housing funds that invest in Low-Income Housing Tax Credit projects nationwide, and sponsorship of events like GENYOUth’s Taste of the Draft, which supports student nutrition and physical activity in Western Pennsylvania. Readers who follow PNC news gain ongoing visibility into the company’s financial performance communications, strategic moves and community-focused activities.
PNC (NYSE: PNC) will open more than 300 new branches by 2030, increasing its prior plan by ~100 locations and raising total branch investment to approximately $2 billion. The bank reaffirmed a goal to renovate 100% of its branch network by 2029 and plans to hire more than 2,000 employees to support retail expansion. Target markets include Nashville (≈35 new branches), Chicago (≈25 added to 113 locations), Sarasota, Winston-Salem and other Southeast and Sun Belt cities. PNC currently operates over 2,200 branches and serves via >58,000 ATMs, mobile channels and 22 mobile branches.
PNC Bank (NYSE: PNC) announced a decrease in its prime lending rate to 7.00%, effective Oct. 30, 2025. The change in the bank's prime rate was announced on Oct. 29, 2025.
PNC Bank, National Association is a member of The PNC Financial Services Group and provides retail and business lending, corporate banking, real estate finance, wealth management, and asset management services. For more information, contact Kristen Pillitteri or visit the company's website.
PNC (NYSE: PNC) said Executive Vice President and Chief Financial Officer Robert Q. Reilly and Executive Vice President and Head of Retail Banking Alex Overstrom will speak on business performance and strategy at the BancAnalysts Association of Boston Conference on Friday, Nov. 7, 2025 at 10:35 a.m. ET.
A live webcast, related presentation materials including cautionary statements about forward-looking information, and a replay available for 30 days will be accessible at www.pnc.com/investorevents.
PNC (NYSE:PNC) is sponsoring the 62nd Annual ASU/PNC Bank Economic Forecast Luncheon on Nov. 12, 2025, in Tempe, Arizona.
Top economists will present outlooks on U.S. recession risk, rising inflation, slowing hiring, Arizona regional growth, and global uncertainty. Key speakers include Kartik Athreya (Federal Reserve Bank of New York), Augustine Faucher (PNC chief economist), and Dennis Hoffman (ASU university economist).
Tickets are available for in-person and virtual attendance; media interview times are specified for Hoffman and Athreya.
PNC (PNC) will stage a themed popup called the Mane St. Branch outside American Airlines Center on Nov. 4 and Nov. 6, 2025, tying a promotional activation to its branch-expansion campaign.
PNC said the activation supports a $1.5 billion investment to open and renovate branches nationwide, plans to open more than 200 new branches across 12 U.S. cities and renovate 1,400 existing branches over five years. In North Texas PNC plans 17 new locations, expanding to over 110 branches with a third expansion branch opening Nov. 12 in Arlington, Texas.
PNC (NYSE: PNC) reported 3Q25 net income $1.8B and diluted EPS $4.35. Total revenue was $5.915B, with net interest income of $3.648B and noninterest income of $2.267B. Fee income grew 9% sequentially and PPNR rose 8% with 2% positive operating leverage.
Balance-sheet highlights: average loans $325.9B, average deposits $431.8B, TBV per share $107.84 (up 4% QoQ), CET1 ratio 10.6%, and net loan charge-offs annualized 0.22%. PNC returned $1.0B of capital and declared a $1.70 quarterly dividend.
Corporate action: on Sept 8, 2025 PNC announced a definitive agreement to acquire FirstBank for implied consideration of $4.1B, expected to close in early 2026, subject to approvals.
PNC (NYSE: PNC) announced that PNC Investments will be renamed and rebranded as PNC Wealth Management, with the change rolling out in the weeks and months after Oct. 6, 2025.
The rebrand reflects an expanded advisory focus and broader service suite beyond brokerage, including financial planning, insurance and banking and lending via PNC Bank. The broker-dealer manages more than $92 billion in client assets and serves clients through about 800 financial advisors. The firm says the new name aims to convey integrated, client-centric wealth solutions and support future growth.
PNC Financial Services Group (NYSE: PNC) has announced its quarterly dividend declarations for both common and preferred stock. The company will pay a quarterly cash dividend of $1.70 per share on common stock, payable on November 5, 2025, to shareholders of record as of October 14, 2025.
Additionally, PNC declared dividends on multiple series of preferred stocks, including: Series B ($0.45/share), Series S ($2,500/share), Series T ($850/share), Series U ($1,500/share), Series V ($1,550/share), and Series W ($1,562.50/share), with various payment dates between November and December 2025.
PNC Bank (NYSE: PNC) announced a decrease in its prime lending rate to 7.25%, effective September 18, 2025. This change in the prime rate will impact various lending products across PNC's retail and business banking services.
PNC, one of the largest diversified financial institutions in the United States, offers a comprehensive range of financial services including retail and business banking, corporate banking, real estate finance, asset-based lending, wealth management, and asset management.
Community Capital Technology has appointed Charlotte McLaughlin, former President and CEO of PNC Capital Markets LLC, to its Board of Directors. McLaughlin, who is also a strategic investor in the company, brings over three decades of experience at PNC Financial Services Group (NYSE: PNC).
During her tenure at PNC, McLaughlin led significant growth initiatives, including launching the PNC Asset Exchange, a digital marketplace platform powered by Community Capital's technology. She was recognized as one of the Most Powerful Women in Finance by American Banker. In her new role, McLaughlin will help guide Community Capital's expansion of its enterprise loan marketplace and analytics platform, particularly focusing on developing advanced analytics and AI strategies.
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