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PNC Financial Services Group Inc - PNC STOCK NEWS

Welcome to our dedicated news page for PNC Financial Services Group (Ticker: PNC), a resource for investors and traders seeking the latest updates and insights on PNC Financial Services Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PNC Financial Services Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PNC Financial Services Group's position in the market.

News
Fred Rogers Productions Secures PNC Foundation Support for Alma’s Way
Rhea-AI Summary
Fred Rogers Productions receives a $1.3 million grant from PNC Foundation to support Alma's Way, its newest PBS KIDS series. The grant will fund engagement activities and ongoing support for 'Be My Neighbor Days'. Season 2 of Alma's Way premieres on September 18.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.33%
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none
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News
Virginia Early Childhood Foundation President Joins PNC Grow Up Great Advisory Council
Rhea-AI Summary
Kathy Glazer, president of the Virginia Early Childhood Foundation (VECF), has joined the PNC Grow Up Great Advisory Council. PNC Grow Up Great is a $500 million philanthropic initiative that prepares children from birth to age 5 for success in school and life. The Advisory Council, comprised of experts in early childhood education, provides strategic direction for the program. Kathy brings extensive knowledge and experience in early childhood education policy and advocacy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
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none
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News
PNC Capital Markets Launches PNC Asset Exchange to Help Financial Institution Clients Optimize Loan Portfolios
Rhea-AI Summary
PNC FIG Advisory, part of PNC Capital Markets, is introducing PNC Asset Exchange, an online loan resource and marketplace for financial institutions. Powered by Community Capital Technology, the platform will provide clients with a more efficient way to optimize their loan portfolios. It offers customized advice from PNC FIG Advisory's team of traders, allowing clients to easily place and source loans in the secondary markets and find new credit opportunities. The platform also allows for anonymous transactions until a nonbinding bid is accepted.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
Tags
none
News
PNC Releases 2022 Corporate Responsibility Report Highlighting Efforts To Empower Prosperity for All Its Stakeholders
Rhea-AI Summary
PNC Financial Services Group has announced an expansion of its environmental finance commitment from $20 billion to $30 billion. This commitment aims to support clients' transition plans to a low-carbon economy through financing in renewable energy, green buildings, clean transportation, and sustainability-linked bonds and loans. PNC has also strengthened its strategy to manage its own environmental risks by integrating climate risk into its enterprise risk management framework and establishing a new climate risk committee.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.05%
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none
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News
‘At PNC We Empower Prosperity for All by Adhering to Our Values,’ Says Chief Corporate Responsibility Officer Richard Bynum
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.07%
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none
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News
PNC BANK, N.A. CHANGES PRIME RATE
Rhea-AI Summary
PNC Bank, N.A. has announced an increase in its prime lending rate to 8.50%, effective from July 27, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.12%
Tags
none
News
PNC Bank Appoints Monica L. Burch Community Development Banking Executive for Southeast
Rhea-AI Summary
PNC Bank has appointed Monica L. Burch as southeast territory executive for Community Development Banking. She will be responsible for leading the regional implementation of PNC's $88 Billion Community Benefits Plan. Burch brings over 20 years of banking experience to the role.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
Tags
management
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News
PNC REPORTS SECOND QUARTER 2023 NET INCOME OF $1.5 BILLION, $3.36 DILUTED EPS
Rhea-AI Summary
PNC Financial Services Group, Inc. (NYSE: PNC) reported strong financial results with increased capital and strong credit quality. The company raised its quarterly common stock dividend by 5 cents to $1.55 per share, effective July 3, 2023. The Stress Capital Buffer (SCB) requirement will improve to the regulatory minimum of 2.5% in 4Q23.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.51%
Tags
earnings
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News
PNC ANNOUNCES STRESS CAPITAL BUFFER (SCB)
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
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none
News
PNC RAISES COMMON STOCK DIVIDEND TO $1.55 PER SHARE
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
Tags
dividends
Stock PNC logo
PNC Financial Services Group Inc

NYSE:PNC

PNC Rankings

#199 Ranked by Market Cap
#3928 Ranked by Stock Gains
#864 Ranked by Dividends

PNC Stock Data

59.93B
394.53M
0.36%
84.76%
1.08%
Commercial Banking
Finance and Insurance
Link
US
Pittsburgh

About PNC

for over 150 years, pnc has grown into one of america's most respected banks, because we're committed to helping customers and employees reach their goals. you can depend on pnc to provide the training you need, along with an inclusive culture that recognizes your talent, values diversity and cares about social responsibility. working with us means having an opportunity you can feel good about, with a fortune 200 company that's been selected as a 'great place to work'​ by gallup.