PNC Financial Services Group Stock Price, News & Analysis

PNC Financial Services Group (NYSE: PNC) has received its 2025 Comprehensive Capital Analysis and Review (CCAR) results from the Federal Reserve. The bank's Stress Capital Buffer (SCB) for the period beginning October 1, 2025, will remain at 2.5%, consistent with the current level through September 30, 2025.

PNC demonstrated strong capital positions with a Common Equity Tier 1 (CET1) ratio of 10.6% as of March 31, 2025, significantly exceeding the regulatory minimum plus SCB requirement of 7.0%. Under the Federal Reserve's Supervisory Severely Adverse scenario projections, PNC's minimum CET1 ratio is projected at 9.7%, well above the 4.5% regulatory minimum.

The bank plans to increase its quarterly cash dividend by 10 cents (6%) to $1.70 per share in Q3 2025, subject to board approval. Additionally, PNC's board has authorized a repurchase framework of up to 100 million common shares, with approximately 41% still available for repurchase as of March 31, 2025.

Harris Williams, a global investment bank specializing in M&A and private capital advisory services and subsidiary of PNC (NYSE:PNC), has announced the expansion of its Frankfurt office with the addition of two seasoned Managing Directors, Philipp Mohr and Mark Brune.

Mohr, with nearly three decades of banking experience, will focus on European M&A across sectors. He previously served as Vice Chair European Investment Banking at William Blair and Global Head of M&A at Commerzbank AG. Brune, bringing almost two decades of investment banking experience, will join the Industrials Group, specializing in industrial technology and services.

The appointments represent a significant investment in Harris Williams' European business expansion strategy, reinforcing the firm's commitment to growing its global presence and enhancing its M&A advisory capabilities in the region.

PNC Bank has announced the closing of Low-Income Housing Tax Credit (LIHTC) Fund 98, a $208 million investment initiative aimed at developing and rehabilitating affordable rental housing across the United States. The fund, supported by PNC and seven other financial institutions, will finance over 2,000 affordable homes across 15 multifamily properties in 11 states. Key projects include the renovation of the 78-unit Albert Einstein Residence Center in Sacramento, the 38-unit Walnut Square Apartments in Allentown, and the 44-unit Stiegel School Apartments adaptive reuse project. PNC Multifamily Capital, managing approximately $15.5 billion in tax credit equity supporting over 133,000 affordable rental units, demonstrates its continued commitment to addressing the nation's affordable housing shortage through this initiative.

PNC Bank has introduced PNC Mobile Accept®, a new payment processing solution designed specifically for micro businesses processing under $300,000 in card transactions annually. The solution integrates directly with the PNC Mobile Banking App, allowing business owners to accept credit and debit card payments through manual entry or a pocket-sized reader supporting tap, dip, or swipe transactions. Key features include tax-and-tip functionality, cardholder data encryption, and near real-time transaction tracking, with funds typically available within two business days. The pay-as-you-go solution requires no monthly fees and is available to PNC small business clients with active business checking accounts. The service, provided through PNC's subsidiary Tempus Technologies, aims to address the challenges micro businesses face with traditional payment solutions.

PNC Financial Services Group (NYSE: PNC) has announced the early redemption of its $1 billion 5.812% Fixed Rate/Floating Rate Senior Notes, originally due June 12, 2026. The redemption will occur on June 12, 2025, with investors receiving 100% of the principal amount plus any accrued and unpaid interest up to the redemption date. The notes (CUSIP 693475 BQ7) will cease accruing interest on the redemption date, and payment will be processed through the Depository Trust Company facilities. This move by one of the largest diversified financial institutions in the United States demonstrates active management of its debt obligations.

PNC Financial Services Group (NYSE: PNC) has scheduled the release of its second quarter 2025 financial results for July 16, 2025, at 6:30 a.m. ET. Following the release, PNC Chairman and CEO William S. Demchak and CFO Robert Q. Reilly will host a conference call at 10 a.m. ET to discuss the results with investors. The conference call will be accessible via phone at (866) 604-1697 for domestic callers and (215) 268-9875 for international participants. Investors can access presentation slides, earnings release, and supplementary financial information through PNC's investor events website. A webcast replay and telephone replay will be available for 30 days following the call.

PNC Financial Services Group (NYSE: PNC) announced that CEO William S. Demchak and CFO Robert Q. Reilly will present at the Morgan Stanley U.S. Financials Conference in New York City on June 11, 2025, at 1:45 p.m. (ET). The presentation will focus on PNC's business performance and strategy.

The event will be accessible through a live webcast at www.pnc.com/investorevents, with presentation materials available before the event. A replay will be available for 30 days afterward. PNC is one of the largest diversified financial institutions in the United States, offering retail and business banking, corporate banking, real estate finance, asset-based lending, wealth management, and asset management services.

PNC Financial Services Group (NYSE: PNC) has announced its schedule for 2026 quarterly earnings releases and conference calls. The earnings releases will be issued pre-market open, followed by conference calls at 10 a.m. (ET) on the following dates:

• First Quarter: Wednesday, April 15, 2026
• Second Quarter: Wednesday, July 15, 2026
• Third Quarter: Thursday, October 15, 2026
• Fourth Quarter: Friday, January 15, 2027

Live audio webcasts, presentation slides, earnings releases, and supplementary financial information will be available at www.pnc.com/investorevents. PNC is one of the largest diversified financial services institutions in the United States, offering retail and business banking, lending, corporate banking, and wealth management services.

PNC Bank (NYSE: PNC) has announced a definitive agreement to acquire Aqueduct Capital Group, a placement agent specializing in raising capital for private equity, private credit, and real asset managers. Founded in 2003, Aqueduct will complement PNC's subsidiary Harris Williams' existing capital advisory capabilities. The acquisition will expand PNC's ability to serve the global capital needs of the private equity industry, with minimal overlap in client bases and limited partner relationships. The transaction is expected to close in mid-summer 2025, with terms undisclosed.

The merger aims to leverage synergies between Aqueduct and Harris Williams, enabling clients to diversify their investor base across North America, Australia, Europe, and Asia. Keefe, Bruyette & Woods (KBW) served as Aqueduct's advisor, while Wachtell, Lipton, Rosen & Katz and King & Spalding LLP acted as legal counsel to PNC Bank and Aqueduct, respectively.