TD Cowen initiated coverage of PNC with a rating of Buy and set a new price target of $233.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/15/2025 | $233.00 | Buy | TD Cowen |
| 3/31/2025 | $206.00 → $202.00 | Hold → Buy | HSBC Securities |
| 8/15/2024 | $185.00 → $200.00 | Neutral → Buy | BofA Securities |
| 7/8/2024 | $165.00 → $179.00 | Neutral → Buy | UBS |
| 3/28/2024 | $141.00 → $155.00 | Reduce → Hold | HSBC Securities |
| 12/14/2023 | Hold → Buy | Odeon | |
| 10/11/2023 | Underperform → Neutral | BofA Securities | |
| 9/7/2023 | $110.00 | Reduce | HSBC Securities |
PITTSBURGH, June 4, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) today announced the redemption of, on June 12, 2025, all outstanding 5.812% Fixed Rate/Floating Rate Senior Notes due June 12, 2026, issued by PNC in the amount of $1,000,000,000 (CUSIP 693475 BQ7). The securities have an original scheduled maturity date of June 12, 2026. The redemption price will be equal to 100% of the principal amount, plus any accrued and unpaid interest to the redemption date of June 12, 2025. Interest on the 5.812% Fixed Rate/Floating Rate Senior Notes will cease to accrue on the redemption date. Payment of the redemption price for the 5.812% Fixed Rate/Floating Rate Senior Notes
PITTSBURGH, June 3, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) expects to issue financial results for the second quarter 2025 at approximately 6:30 a.m. (ET), Wednesday, July 16, 2025, as previously announced. PNC Chairman and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 10 a.m. (ET). Dial in numbers are (866) 604-1697 and (215) 268-9875 (international). The following will be accessible at www.pnc.com/investorevents: a link to the live audio webcast on the day of the conference call; presentation slides, earnings release and supplementa
PITTSBURGH, May 28, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) announced today that Chairman and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q. Reilly will discuss business performance and strategy at 1:45 p.m. (ET) Wednesday, June 11, at the Morgan Stanley U.S. Financials Conference in New York City. The following will be accessible at www.pnc.com/investorevents: a link to the live webcast; related materials, including cautionary statements regarding forward-looking information, availab
4 - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Issuer)
4 - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Issuer)
4 - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Issuer)
Transaction furthers collective value proposition in primary fund placement PITTSBURGH, May 20, 2025 /PRNewswire/ -- PNC Bank today announced entry into a definitive agreement to acquire Aqueduct Capital Group, a placement agent focused on raising capital for private equity, private credit and real asset managers through its broad access to sophisticated, global pools of capital. Founded in 2003, Aqueduct has built a strong reputation advising its clients on a variety of fundraising solutions. "This acquisition is complementary to existing capital advisory capabilities provided through PNC's subsidiary Harris Williams and will enable us to expand our ability to serve the global capital needs
Finance Executive to Accelerate Growth and Extend Strong Leadership Team PITTSBURGH, April 7, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) today announced that its Board of Directors has unanimously appointed Mark Wiedman as president of the corporation and its wholly owned banking subsidiary, PNC Bank, National Association, effective immediately. Wiedman will report to PNC Chairman and Chief Executive Officer William S. Demchak. PNC's primary operating lines of business and the Regional Presidents Office will report to Wiedman. "I'm thrilled Mark has
PITTSBURGH, Feb. 3, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) appointed Douglas Dachille to its board of directors effective today. He has also been appointed to the board's risk committee. Dachille served as chief investment officer of American International Group Inc. (AIG) from 2015 until 2021. He joined AIG through its acquisition of First Principles Capital Management, an institutional fixed income asset manager, which he co-founded and led as chief executive officer. Prior to First Principles, he served as president and chief operating office
4 - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Issuer)
4 - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Issuer)
4 - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Issuer)
PITTSBURGH, June 3, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) expects to issue financial results for the second quarter 2025 at approximately 6:30 a.m. (ET), Wednesday, July 16, 2025, as previously announced. PNC Chairman and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 10 a.m. (ET). Dial in numbers are (866) 604-1697 and (215) 268-9875 (international). The following will be accessible at www.pnc.com/investorevents: a link to the live audio webcast on the day of the conference call; presentation slides, earnings release and supplementa
Expanded NIM; increased capital and TBV; maintained solid credit quality metrics PITTSBURGH, April 15, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE:PNC) today reported: For the quarter In millions, except per share data and as noted 1Q25 4Q24 1Q24 First Quarter Highlights Financial Results Comparisons reflect 1Q25 vs. 4Q24 Net interest income $ 3,476 $ 3,523 $ 3,264 Income Statement ▪ Net interest income decreased 1% driven by two fewer days in the quarter, partially offset by the benefit of lower funding costs and fixed rate asset repricing – NIM expanded 3 bps to 2.78% ▪ Fee income decreased 2% due to a slowdown in capital ma
PITTSBURGH, April 3, 2025 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE:PNC) declared a quarterly cash dividend on the common stock of $1.60 per share. The dividend will be payable May 5, 2025, to shareholders of record at the close of business April 16, 2025. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share will be payable June 10, 2025, to shareholders of record at the close of business May 16, 2025.Series S: a semi-annual dividend of $2,500.00 per share ($25.00 per each depositary share, 100 of which represent one share of Series S preferred stock) will be paya
8-K - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Filer)
13F-HR - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Filer)
FWP - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Subject)
SC 13G/A - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Filed by)
SC 13G/A - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Filed by)
SC 13G/A - PNC FINANCIAL SERVICES GROUP, INC. (0000713676) (Filed by)
TD Cowen initiated coverage of PNC with a rating of Buy and set a new price target of $233.00
HSBC Securities upgraded PNC from Hold to Buy and set a new price target of $202.00 from $206.00 previously
BofA Securities upgraded PNC from Neutral to Buy and set a new price target of $200.00 from $185.00 previously