PNC Financial Services Group Inc (N:PNC)

Nov 12, 2019 09:37 am ET
Hawthorn, PNC Family Wealth® Launches Institute for Family Success
PITTSBURGH, Nov. 12, 2019 /PRNewswire/ -- Hawthorn, PNC Family Wealth®, announced today the launch of the Hawthorn Institute for Family Success – a new suite of specialized services available to its clients to help them and their families thrive and successfully transfer wealth across generations. Alexandre Monnier has been appointed to lead the implementation of this offering as Hawthorn's managing director of Wealth Sustainability. ...
Nov 01, 2019 03:05 pm ET
Harris Williams Advises Yellowstone Landscape on its Sale to Harvest Partners, LP
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Yellowstone Landscape (Yellowstone), a portfolio company of CIVC Partners, LP (CIVC), on its sale to Harvest Partners, LP (Harvest Partners). Yellowstone is a leading provider of commercial landscape services throughout the Southern and Southwestern Unit
Nov 01, 2019 12:58 pm ET
PNC Issues Inaugural Green Bond
PITTSBURGH, Nov. 1, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today the closing of its inaugural Green Bond issuance. The proceeds will fund eligible projects that promote a transition to a low-carbon economy and offer sustainability benefits across three categories aligned with the United Nations Sustainable Development Goals, including renewable energy, energy efficiency and green buildings.  ...
Oct 30, 2019 06:14 pm ET
PNC Changes Prime Rate
PITTSBURGH, Oct. 30, 2019 /PRNewswire/ -- PNC announced a decrease in its prime lending rate. The new rate of 4.75% is effective tomorrow, Oct. 31, 2019....
Oct 28, 2019 03:06 pm ET
Harris Williams Advises Sykes Holiday Cottages on its Sale to Vitruvian Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Sykes Holiday Cottages (Sykes), a portfolio company of Livingbridge, on its sale to Vitruvian Partners (Vitruvian). Sykes is a leading independent holiday home provider in the UK, Ireland and New Zealand. The transaction, led by
Oct 24, 2019 05:03 pm ET
PNC Releases Results Of Dodd-Frank Company-Run Stress Test
PITTSBURGH, Oct. 24, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today published the results of its company-run mid-cycle stress test under the Dodd-Frank Wall Street Reform and Consumer Protection Act. ...
Oct 24, 2019 10:51 am ET
/C O R R E C T I O N -- The PNC Financial Services Group, Inc./
In the news release, PNC Executives to Speak at BancAnalysts Association of Boston Conference, issued 24-Oct-2019 by The PNC Financial Services Group, Inc. over PR Newswire, we are advised by the company that the time of PNC's discussion has been updated. The timing should read "8:55 a.m. (ET)" rather than "8:10 a.m. (ET)" as originally issued inadvertently. The complete, corrected release follows:...
Oct 24, 2019 08:38 am ET
Harris Williams Advises TorcSill Foundations, LLC on its Sale to White Deer Energy
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised TorcSill Foundations, LLC (TorcSill), a portfolio company of Intervale Capital, LLC (Intervale), on its sale to a newly-formed entity owned primarily by White Deer Energy (White Deer). TorcSill is a leading provider of deep-foundation solutions for energ
Oct 16, 2019 06:44 am ET
PNC Reports Third Quarter 2019 Net Income Of $1.4 Billion, $2.94 Diluted EPS
PITTSBURGH, Oct. 16, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported:...
Oct 09, 2019 10:43 am ET
Harris Williams Advises National Seating & Mobility on its Pending Sale to Cinven
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it is advising National Seating & Mobility (NSM), a portfolio company of Court Square Capital (Court Square), on its pending sale to Cinven. NSM is a leading provider of complex rehabilitation, mobility and accessibility solutions in the U.S. and Canada. The transa
Oct 03, 2019 10:36 am ET
PNC Declares Dividend Of $1.15 On Common Stock
PITTSBURGH, Oct. 3, 2019 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.15 per share. The dividend will be payable Nov. 5, 2019, to shareholders of record at the close of business Oct. 17, 2019....
Oct 01, 2019 11:10 am ET
Harris Williams Advises The Bakery Cos. on its Partnership with Arbor Investments
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised The Bakery Cos., a leading provider of buns, biscuits, English muffins and other bakery products, on its partnership with Arbor Investments. The transaction was led by
Sep 27, 2019 09:13 am ET
Harris Williams Advises Stirling Square Capital Partners on the Pending Sale of Siblu Villages to Naxicap Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it is advising Stirling Square Capital Partners (Stirling Square) on the pending sale of Siblu Villages (Siblu) to Naxicap Partners. Siblu is a leading owner-occupied holiday park operator in France. The transaction is being led by
Sep 24, 2019 12:00 pm ET
The PNC Financial Services Group And M Financial Group Announce New Strategic Relationship
PITTSBURGH, Sept. 24, 2019 /PRNewswire/ -- The PNC Financial Services Group (NYSE: PNC) and M Financial Group (M Financial) today announced the signing of an insurance marketing and service agreement to offer insurance solutions, advice and service to PNC's Wealth Management® and Hawthorn, PNC Family Wealth®, clients. ...
Sep 18, 2019 03:57 pm ET
PNC Changes Prime Rate
PITTSBURGH, Sept. 18, 2019 /PRNewswire/ -- PNC announced a decrease in its prime lending rate. The new rate of 5% is effective tomorrow, Sept. 19, 2019....
Sep 17, 2019 08:05 am ET
Optimism Still Springs This Fall for Small and Mid-Size Business Owners
PITTSBURGH, Sept. 17, 2019 /PRNewswire/ -- Despite pricing pressures and tariff concerns, measures of optimism are approaching the record-setting highs measured in spring 2018, according to the latest PNC semi-annual survey of small and mid-size business owners and executives. Optimism among business leaders about their own company is particularly strong at 55% compared to one year ago (51%) and near the spring 2018 record high for this 16-year survey (58%).  ...
Sep 13, 2019 08:32 am ET
The PNC Financial Services Group Announces Third Quarter Earnings Conference Call Details
PITTSBURGH, Sept. 13, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the third quarter at approximately 6:45 a.m. (ET), Wednesday, Oct. 16, 2019, as previously announced. PNC Chairman, President and Chief Executive Officer William S. Demchak and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 10:30 a.m. (ET)....
Sep 10, 2019 10:56 am ET
Harris Williams Advises Space Electronics LLC on its Sale to L Squared Capital Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Space Electronics LLC (Space Electronics), a portfolio company of Benford Capital Partners LLC (Benford Capital) and Coppermine Capital LLC (Coppermine), on its sale to L Squared Capital Partners (L Squared). Space Electronics is a leading manufacturer o
Sep 10, 2019 10:04 am ET
Harris Williams Advises Joe Hudson’s Collision Centers on its Sale to TSG Consumer Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Joe Hudson’s Collision Centers (JHCC), a portfolio company of Carousel Capital (Carousel), on its sale to TSG Consumer Partners, LLC (TSG). JHCC is a leading platform in the collision repair industry, operating approximately 110 state-of-the-art auto bod
Sep 06, 2019 08:57 am ET
PNC Announces Redemption Of 2.400 Percent Senior Bank Notes Due October 18, 2019
PITTSBURGH, Sept. 6, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Sept. 18, 2019 of all of the outstanding Senior Notes due Oct. 18, 2019 issued by PNC Bank, National Association in the amount of $1,250,000,000 (CUSIP 69353RDZ8). The securities have a distribution rate of 2.400 percent and an original scheduled maturity date of Oct. 18, 2019. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date of Sept. 18, 2019.  ...
Sep 03, 2019 10:39 am ET
Harris Williams Advises Health & Safety Institute on its Sale to Waud Capital Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Health & Safety Institute (HSI), a portfolio company of The Riverside Company (Riverside), on its sale to Waud Capital Partners (WCP). HSI is a leading platform for environmental, health and safety (EHS) compliance, training and workflow solutions. The t
Aug 28, 2019 07:43 am ET
PNC Chief Executive to Speak at Barclays Global Financial Services Conference
PITTSBURGH, Aug. 28, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a moderated discussion format at 9:00 a.m. (ET) Wednesday, Sept. 11, at the Barclays Global Financial Services Conference in New York City....
Aug 19, 2019 05:19 pm ET
Harris Williams Advises ComputerEase Software on Its Sale to Deltek
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised ComputerEase Software (ComputerEase) on its sale to Deltek. ComputerEase develops integrated construction accounting, project management and field-to-office software for contractors. The transaction was led by
Aug 15, 2019 11:39 am ET
Harris Williams Advises Franklin Energy Group on its Sale to Abry Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Franklin Energy Group (Franklin Energy), a portfolio company of Kohlberg & Company, LLC (Kohlberg), on its sale to Abry Partners (Abry). Franklin Energy is a leading provider of demand-side management (DSM) solutions to utility clients. The transaction w
Aug 13, 2019 11:47 am ET
Harris Williams Advises Atlas Technical Consultants on its Pending Sale to Boxwood Merger Corp.
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it is advising Atlas Technical Consultants (Atlas), a portfolio company of Bernhard Capital Partners (Bernhard Capital), on its pending sale to Boxwood Merger Corp. (Boxwood), a publicly-traded special purpose acquisition company. Headquartered in Austin, Texas, At
Jul 31, 2019 05:07 pm ET
PNC Changes Prime Rate
PITTSBURGH, July 31, 2019 /PRNewswire/ -- PNC announced a decrease in its prime lending rate. The new rate of 5.25% is effective tomorrow, Aug. 1, 2019....
Jul 25, 2019 09:00 am ET
PNC Bank Expands ATM Access For Customers Nationwide At 7-Eleven® Stores
PITTSBURGH, July 25, 2019 /PRNewswire/ -- PNC Bank, N.A. announced today an agreement with ATM provider FCTI, Inc., to offer PNC customers access to withdraw cash surcharge-free at over 8,000 ATMs owned and operated by FCTI in participating 7-Eleven® convenience store locations nationwide. In addition, PNC customers may check balances on PNC checking and savings accounts on the ATMs at these locations. ...
Jul 17, 2019 08:30 am ET
The PNC Financial Services Group, Inc. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / July 17, 2019 / The PNC Financial Services Group, Inc. (NYSE: PNC) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on July 17, 2019 at 10:30 AM Eastern Time.
Jul 17, 2019 06:40 am ET
PNC Reports Second Quarter 2019 Net Income Of $1.4 Billion, $2.88 Diluted EPS
PITTSBURGH, July 17, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported:...
Jul 09, 2019 11:25 am ET
PNC Raises Common Stock Dividend To $1.15 Per Share
PITTSBURGH, July 9, 2019 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.15 per share, an increase of 20 cents per share, or 21%, from the second quarter dividend of 95 cents per share. The dividend will be payable Aug. 5, 2019 to shareholders of record at the close of business July 19, 2019....
Jun 20, 2019 09:49 am ET
Harris Williams Advises Practice Insight, LLC on its Sale to eSolutions Inc.
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Practice Insight, LLC (Practice Insight), a portfolio company of Eli Global, on its sale to eSolutions Inc. (eSolutions), a portfolio company of Francisco Partners. Practice Insight is a leading provider of integrated electronic data interchange (EDI) an
May 30, 2019 12:42 pm ET
Harris Williams Advises FRONTSTEPS on its Strategic Investment in Caliber Software
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised FRONTSTEPS, a portfolio company of CIP Capital, on its strategic investment in Caliber Software (Caliber). FRONTSTEPS is an industry leading SaaS platform serving single-family and condo high-rise associations with un
May 30, 2019 10:51 am ET
Harris Williams Advises Cority on its Pending New Growth Investment with Thoma Bravo as Majority Investor
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it is advising Cority on its pending new growth investment with Thoma Bravo, LLC (Thoma Bravo) as majority investor. Previous majority investor Norwest Venture Partners (NVP) will continue to retain a significant stake in the bu
May 24, 2019 01:51 pm ET
Harris Williams Advises LiveAuctioneers LLC on its Controlling Investment by Cove Hill Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised LiveAuctioneers LLC (LiveAuctioneers), a portfolio company of Bessemer Venture Partners (Bessemer) and Jason Finger, on its controlling investment by Cove Hill Partners (Cove Hill). LiveAuctioneers is an online live-a
May 07, 2019 09:44 am ET
Harris Williams Recognized with Six Industry Awards, Including Two Recognitions as Investment Bank of the Year
Harris Williams, a global investment bank specializing in M&A advisory services, received six industry awards to date in 2019, including two recognitions as Investment Bank of the Year.
May 07, 2019 08:02 am ET
Federated Investors, Inc. to Acquire Certain Investment-Management-Related Assets from The PNC Financial Services Group
PITTSBURGH, May 7, 2019 /PRNewswire/ -- Federated Investors, Inc. (NYSE: FII) and The PNC Financial Services Group (NYSE: PNC) today announced that they have reached a definitive agreement for Federated to acquire certain components of PNC Capital Advisors LLC's (PCA) investment-management business. The proposed transaction includes the reorganization of PNC's family of liquidity, equity and fixed-income mutual funds into corresponding Federated mutual funds, the acquisition of a portion of PNC's separate account and separately managed account business, and the transition of a six-person int...
Apr 12, 2019 06:43 am ET
PNC Reports First Quarter 2019 Net Income Of $1.3 Billion, $2.61 Diluted EPS
PITTSBURGH, April 12, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported:...
Apr 04, 2019 11:05 am ET
PNC Extends Early Education Initiative To $500 Million
PITTSBURGH, April 4, 2019 /PRNewswire/ -- The PNC Financial Services Group (NYSE: PNC) today launches its 15th anniversary celebration of PNC Grow Up Great®, announcing an additional $150 million to extend the program that supports high-quality early learning for young children. The program is now a $500 million initiative benefitting 40 markets....
Apr 04, 2019 10:30 am ET
PNC Declares Dividend Of 95 Cents On Common Stock
PITTSBURGH, April 4, 2019 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 95 cents per share. The dividend, with a payment date of May 5, 2019, will be payable the next business day to shareholders of record at the close of business April 16, 2019....
Mar 05, 2019 06:55 am ET
The PNC Financial Services Group Announces First Quarter 2019 Earnings Conference Call Details
PITTSBURGH, March 5, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the first quarter of 2019 Friday, April 12, as previously announced, at approximately 6:45 a.m. (ET).  PNC Chairman, President and Chief Executive Officer William S. Demchak and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 9:30 a.m. (ET). ...
Feb 27, 2019 07:02 am ET
PNC Executive to Speak at RBC Capital Markets Investor Conference
PITTSBURGH, Feb. 27, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Terry Begley, executive vice president and chief executive officer of Corporate Banking, will discuss business performance, strategy and banking at 1:20 p.m. (ET) Wednesday, March 13, at the RBC Capital Markets Financial Institutions Conference in New York City....
Feb 26, 2019 04:45 pm ET
PNC's Gregory B. Jordan Elected to MSA Board of Directors
PITTSBURGH, Feb. 26, 2019 /PRNewswire/ -- The Board of Directors of global safety equipment manufacturer MSA Safety Incorporated (NYSE: MSA) today announced that Gregory B. Jordan, executive vice president, general counsel and chief administrative officer of The PNC Financial Services Group, Inc. (NYSE: PNC), has been elected to MSA's Board of Directors.  Mr. Jordan was elected as part of the company's Board succession plan for director retirement.  ...
Feb 26, 2019 06:59 am ET
Members Of Sandwich Generation Lack Emergency Savings, Are Ill-Prepared For Retirement Costs
PITTSBURGH, Feb. 26, 2019 /PRNewswire/ -- Despite actively saving and preparing for retirement, members of the sandwich generation report they have been unable to build robust emergency savings and retirement account balances primarily due to the strain of financially supporting other family members.  ...
Feb 13, 2019 10:30 am ET
Cigna and Sentara Healthcare Expand Blockchain-Based Ecosystem for Healthcare Industry - Along with Aetna, Anthem, Health Care Service Corporation, PNC Bank and IBM
SAN FRANCISCO, Feb. 13, 2019 /PRNewswire/ -- Today, IBM (NYSE: IBM) announced that Cigna and Sentara Healthcare have joined a new health utility network using blockchain. The aim of the network is to convene a broad ecosystem of healthcare organizations in a highly secure, shared environment with the goal of enabling organizations to build, share and deploy solutions using blockchain that drive digital transformation in the industry. ...
Feb 06, 2019 04:23 pm ET
Harris Williams Advises Tech Air on Its Pending Sale to Airgas, an Air Liquide Company
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it is advising Tech Air, a portfolio company of CI Capital Partners LLC (CI Capital), on its pending sale to Airgas, an Air Liquide company. Tech Air is a U.S. distributor of industrial and medical gases, welding supplies and re
Jan 24, 2019 11:00 am ET
Aetna, Anthem, Health Care Service Corporation, PNC Bank and IBM announce collaboration to establish blockchain-based ecosystem for the healthcare industry
ARMONK, N.Y., Jan. 24, 2019 /PRNewswire/ -- Aetna, Anthem (NYSE: ANTM), Health Care Service Corporation (HCSC), PNC Bank (NYSE: PNC) and IBM (NYSE: IBM) today announced a new collaboration to design and create a network using blockchain technology to improve transparency and interoperability in the healthcare industry.  The aim is to create an inclusive blockchain network that can benefit multiple members of the healthcare ecosystem in a highly secure, shared environment. The goal is to allow the blockchain network to enable healthcare companies to build, share and deploy solutions that driv...
Jan 16, 2019 05:55 am ET
PNC Reports Full Year 2018 Net Income of $5.3 Billion, $10.71 Diluted EPS
PITTSBURGH, Jan. 16, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported:...
Jan 14, 2019 03:19 pm ET
PNC Bank Announces Definitive Agreement To Acquire Ambassador Financial Group, Inc.
PITTSBURGH, Jan. 14, 2019 /PRNewswire/ -- PNC Bank today announced a definitive agreement to acquire Ambassador Financial Group, Inc. ("AFG"), a provider of balance sheet management, investment banking and capital markets services to banks, insurance companies, and other financial institutions. ...
Jan 10, 2019 02:11 pm ET
Harris Williams Enhances Senior Capabilities Across the Firm
Harris Williams, an investment bank specializing in M&A advisory services, announces that it has promoted 18 senior professionals from the firm’s Boston, Cleveland, Frankfurt, London, Minneapolis, Richmond and San Francisco offices. The promotions expand the senior capabilities across several of the firm’s Industry Groups.
Jan 08, 2019 10:45 am ET
Harris Williams Advises RoadOne IntermodaLogistics, LLC on its Recapitalization and Growth Investment with Nonantum Capital
Harris Williams, a preeminent middle market investment bank focused on the advisory needs of clients worldwide for more than 25 years, announces that it advised RoadOne IntermodaLogistics, LLC (RoadOne), a portfolio company of Tritium Partners (Tritium), on its recapitalization and growth investment with Nonantum Capital (Nona
Jan 03, 2019 09:06 am ET
PNC Increases Board Of Directors; Appoints Three New Members
PITTSBURGH, Jan. 3, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today increased the number of directors on its board to 14 and appointed three new members. Joseph Alvarado, Richard Harshman and Toni Townes-Whitley will join PNC's board, effective immediately....
Dec 21, 2018 02:37 pm ET
NAIAS, PNC Foundation to Spark Imagination in Preschoolers at 9th Annual "PNC Grow Up Great Day"
DETROIT, Dec. 21, 2018 /PRNewswire/ -- The North American International Auto Show (NAIAS) and the PNC Foundation will provide over 400 Detroit Public Schools (DPS) pre-K students with an innovative and fun way to think about cars and the auto show at "PNC Grow Up Great Day" on Thursday, Jan. 24, 2019....
Dec 19, 2018 04:31 pm ET
PNC Changes Prime Rate
PITTSBURGH, Dec. 19, 2018 /PRNewswire/ -- PNC announced an increase in its prime lending rate. The new rate of 5.50 percent is effective tomorrow, Dec. 20, 2018....
Dec 19, 2018 02:52 pm ET
Harris Williams Advises Whitford Worldwide on Its Pending Sale to PPG
Harris Williams, a preeminent middle market investment bank focused on the advisory needs of clients worldwide for more than 25 years, announces that it is exclusively advising Whitford Worldwide Company (Whitford) on its pending sale to PPG Industries, Inc. (NYSE:PPG; PPG). Whitford is a global manufacturer that specializes in low-friction and nonstick coati
Dec 18, 2018 12:29 pm ET
Harris Williams Advises Nolan Transportation Group on Its Sale to Gryphon Investors
Harris Williams, a preeminent middle market investment bank focused on the advisory needs of clients worldwide for more than 25 years, announces the sale of Nolan Transportation Group (NTG) to Gryphon Investors (Gryphon). NTG is one of the largest and fastest-growing non-asset freight brokerages in the United States. Ridgem
Dec 12, 2018 03:21 pm ET
PNC Issues Reminder Regarding Expiration Of Warrants
PITTSBURGH, Dec. 12, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today issued a reminder to the holders of outstanding warrants to purchase common stock of PNC (NYSE: PNC.WS) that the warrants will expire on Monday, Dec. 31, 2018....
Dec 10, 2018 06:33 am ET
The PNC Financial Services Group Announces Fourth Quarter and Full Year Earnings Conference Call Details
PITTSBURGH, Dec. 10, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the fourth quarter and full year 2018 at approximately 6:45 a.m. (ET), Wednesday, Jan. 16, 2019, as previously announced. PNC Chairman, President and Chief Executive Officer William S. Demchak and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 10:00 a.m. (ET)....
Dec 05, 2018 04:33 pm ET
Harris Williams Hires Managing Director and Vice President to Lead Beauty Sector Efforts; Firm Expands Consumer Group with Top Level Talent
Harris Williams, a preeminent middle market investment bank focused on the advisory needs of clients worldwide for more than 25 years, is pleased to announce that it has hired
Nov 20, 2018 03:17 pm ET
PNC Chief Executive To Speak At Goldman Sachs Investor Conference
PITTSBURGH, Nov. 20, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a moderated discussion format at 1:20 p.m. (ET) Tuesday, Dec. 4 at the Goldman Sachs US Financial Services Conference in New York City....
Nov 15, 2018 07:15 am ET
A Gaggle Of Gifts Causes '12 Days Of Christmas' Prices To Rise, According To PNC
PITTSBURGH, Nov. 15, 2018 /PRNewswire/ -- The PNC Christmas Price Index predicts True Loves will need to have more money on hand to fill the stockings on the mantle this holiday shopping season. To purchase the gifts included in the classic holiday song "The 12 Days of Christmas," it will cost 1.2 percent more than it did in 2017, according to the 35th annual holiday economic analysis by The PNC Financial Services Group. ...
Nov 13, 2018 04:44 pm ET
Harris Williams Advises Numotion on its Sale to AEA Investors LP
Harris Williams, a preeminent middle market investment bank focused on the advisory needs of clients worldwide for more than 25 years, announces the sale of Numotion, a portfolio company of Audax Private Equity and LLR Partners (LLR), to funds sponsored by AEA Investors LP (AEA). Numotion is a premier provider of Complex Rehabi
Nov 08, 2018 03:15 pm ET
PNC Announces $900 Million Increase To Authorized Share Repurchases
PITTSBURGH, Nov. 8, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced that it received approval from the Federal Reserve today to repurchase up to an additional $900 million in common shares through the end of the second quarter of 2019. This is in addition to the share repurchase programs of up to $2.0 billion approved by the Federal Reserve as part of PNC's 2018 capital plan, which was announced on June 28, 2018....
Nov 07, 2018 09:00 am ET
PNC Treasury Management Pilots IDEMIA's MOTION CODE Dynamic CVV2 Technology For Commercial Card Clients
PITTSBURGH, Nov. 7, 2018 /PRNewswire/ -- PNC Bank Treasury Management, a member of The PNC Financial Services Group, Inc., today announced the pilot of Dynamic CVV2 technology for commercial card customers, working together with IDEMIA, Visa® and TSYS®. The pilot employs MOTION CODE™ technology developed by IDEMIA and based on Visa's Dynamic CVV2 Specification, that automatically changes the three-digit security code appearing on the back of a credit card within a set amount of time. ...
Oct 30, 2018 03:52 pm ET
PNC Executives To Speak At BancAnalysts Association Of Boston Conference
PITTSBURGH, Oct. 30, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Robert Q. Reilly, chief financial officer, and Kevin McCann, senior vice president and National Retail Digital Strategy executive, will discuss business performance, strategy and banking at 8:55 a.m. (ET) Thursday, Nov. 8 at the BancAnalysts Association of Boston Conference in Boston....
Oct 12, 2018 06:45 am ET
PNC Reports Third Quarter 2018 Net Income Of $1.4 Billion, $2.82 Diluted EPS
PITTSBURGH, Oct. 12, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported:...
Oct 11, 2018 08:52 am ET
PNC Releases Results Of Dodd-Frank Company-Run Stress Test
PITTSBURGH, Oct. 11, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today published the results of its company-run mid-cycle stress test under the Dodd-Frank Wall Street Reform and Consumer Protection Act. ...
Oct 08, 2018 03:30 pm ET
Fourth Annual Survey Finds Businesses are Primed for Growth and Looking to Mergers and Acquisitions as a Key Workforce Development Strategy
Harris Williams, a preeminent middle market investment bank focused on the advisory needs of clients worldwide for more than 25 years, releases proprietary M&A
Oct 04, 2018 11:07 am ET
PNC Declares Dividend Of 95 Cents On Common Stock
PITTSBURGH, Oct. 4, 2018 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 95 cents per share. The dividend will be payable Nov. 5, 2018 to shareholders of record at the close of business Oct. 17, 2018....
Oct 02, 2018 07:07 am ET
Small And Mid-Size Business Owners Feel A Slight Chill In The Air
PITTSBURGH, Oct. 2, 2018 /PRNewswire/ -- Historic optimism about the national economy from the spring (50 percent) chilled slightly this fall (40 percent), but remains well above fall 2017 (29 percent), according to the PNC Economic Outlook, a semiannual telephone survey of small and middle-market business owners and executives. Four out of 10 business leaders described their outlook for the national economy as optimistic, the second-highest rating in the 15-year survey. ...
Oct 01, 2018 07:17 am ET
Digital Banking Without (State) Borders As PNC Bank Goes National
PITTSBURGH, Oct. 1, 2018 /PRNewswire/ -- PNC Bank launched today the national expansion of retail banking, leveraging an array of digital banking capabilities and featuring a new high-yield savings account available to new customers who reside beyond PNC's traditional market of 19 states and Washington, D.C. PNC soon will follow this digital bank expansion with a thin network of retail locations, beginning in Kansas City and Dallas. ...
Sep 26, 2018 05:24 pm ET
PNC Changes Prime Rate
PITTSBURGH, Sept. 26, 2018 /PRNewswire/ -- PNC announced an increase in its prime lending rate. The new rate of 5.25 percent is effective tomorrow, Sept. 27, 2018....
Sep 11, 2018 08:20 am ET
The PNC Financial Services Group Announces Third Quarter 2018 Earnings Conference Call Details
PITTSBURGH, Sept. 11, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the third quarter of 2018 at approximately 6:45 a.m. (ET), Friday, Oct. 12, 2018, as previously announced. PNC Chairman, President and Chief Executive Officer William S. Demchak and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 9:30 a.m. (ET)....
Aug 24, 2018 08:20 am ET
PNC Chief Executive To Speak At Barclays Global Financial Services Conference
PITTSBURGH, Aug. 24, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a moderated discussion format at 10:30 a.m. (ET) Wednesday, Sept. 12 at the Barclays Global Financial Services Conference in New York City....
Aug 17, 2018 08:38 am ET
The PNC Financial Services Group Provides Quarterly Earnings Release Dates For 2019
PITTSBURGH, Aug. 17, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it expects to issue quarterly earnings releases pre-market open and hold conference calls at the times indicated on the following dates:...
Aug 09, 2018 12:03 pm ET
Jump Simulation Bedside STEAM Enrichment Program at OSF Children's Hospital of Illinois Receives PNC Funding
PEORIA, Ill., Aug. 9, 2018 /PRNewswire/ -- The OSF HealthCare Foundation today announced that Jump Simulation, a part of OSF Innovation, will receive a $400,000 grant from the PNC Foundation to expand the successful STEAM (Science, Technology, Art, Engineering, and Math) education program to students who are also patients at OSF HealthCare Children's Hospital of Illinois. In addition, PNC Bank has pledged $100,000 for the charitable sponsorship of the Angel Ball, OSF HealthCare Saint Francis Medical Center's major fundraising event. Both the grant and sponsorship are payable over a five-year...
Jul 31, 2018 01:27 pm ET
Phoenix Capital Resources® Assists Client in Completing a $53 Million Refinancing through PNC Bank
Phoenix Capital Resources, a leading middle market special situations investment bank, acted as the exclusive financial advisor to its client in arranging, structuring, and negotiating a $53 million refinancing through PNC Bank, N.A., member of The...
Jul 13, 2018 09:31 am ET
Thinking about buying stock in Citigroup, CA Technologies, IZEA, McDonald's or PNC Financial Services?
NEW YORK, July 13, 2018 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for C, CA, IZEA, MCD, and PNC....
Jul 13, 2018 06:55 am ET
PNC Reports Second Quarter 2018 Net Income Of $1.4 Billion, $2.72 Diluted EPS
PITTSBURGH, July 13, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported:...
Jul 09, 2018 05:09 pm ET
Harris Williams & Co. Advises the Learning Experience® on Its Sale to Golden Gate Capital
Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide for more than 25 years, announces that it advised The Learning Experience®, a portfolio company of Norwest Venture Partners (NVP) and Quad Partners (Quad), on its sale to Golden Gate Capital. The Learn
Jul 05, 2018 10:13 am ET
PNC Raises Common Stock Dividend To 95 Cents Per Share
PITTSBURGH, July 5, 2018 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 95 cents per share, an increase of 20 cents per share, or 27 percent, from the second quarter dividend of 75 cents per share. The dividend, with a payment date of Aug. 5, 2018, will be payable the next business day to shareholders of record at the close of business July 17, 2018....
Jun 29, 2018 04:09 pm ET
Harris Williams & Co. Advises Restoration and Recovery on Growth Investment from DFW Capital Partners
Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide for more than 25 years, announces Restoration and Recovery’s (R+R) significant growth investment from DFW Capital Partners (DFW). R+R is a leading provider of stormwater management services. Harris Wil
Jun 28, 2018 04:52 pm ET
PNC Receives No Objection To Its Capital Plan
PITTSBURGH, June 28, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that the Board of Governors of the Federal Reserve System accepted its capital plan and did not object to its proposed capital actions. The capital plan included a recommendation to increase the quarterly cash dividend on common stock by 20 cents per share, or 27 percent, to 95 cents per share, in the third quarter of 2018. PNC's board of directors is expected to consider this recommendation at its next scheduled meeting July 5, 2018.  ...
Jun 21, 2018 05:14 pm ET
PNC Releases Results Of Annual Dodd-Frank Company-Run Stress Test
PITTSBURGH, June 21, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today the results of its annual company-run stress test conducted in accordance with regulations of the Board of Governors of the Federal Reserve System (Federal Reserve) and the Office of the Comptroller of the Currency (OCC) under the Dodd-Frank Wall Street Reform and Consumer Protection Act. These company-run stress tests are designed to help assess whether financial institutions have sufficient capital to absorb losses and support operations during hypothetical severely adverse economic...
Jun 13, 2018 05:09 pm ET
PNC Changes Prime Rate
PITTSBURGH, June 13, 2018 /PRNewswire/ -- PNC announced an increase in its prime lending rate. The new rate of 5.00 percent is effective tomorrow, June 14, 2018....
Jun 13, 2018 08:20 am ET
New Research Coverage Highlights Matrix Service, The PNC Financial Services Group, Williams-Sonoma, GrubHub, KB Home, and AK Steel Holding — Consolidated Revenues, Company Growth, and Expectations for
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Matrix Service Company (NASDAQ:MTRX), The PNC Financial Services Group,...
Jun 13, 2018 07:05 am ET
Battle of the Sexes: How Millennials' Financial Attitudes, Habits Differ by Gender
PITTSBURGH, June 13, 2018 /PRNewswire/ -- As the saying goes, "men are from Mars, women are from Venus." But when it comes to how each sex approaches their finances, the two groups might as well be from different universes, according to findings from the recent PNC Investments Millennials & Investing Survey....
Jun 06, 2018 07:55 am ET
The PNC Financial Services Group Announces Second Quarter 2018 Earnings Conference Call Details
PITTSBURGH, June 6, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the second quarter of 2018 at approximately 6:45 a.m. (ET), Friday, July 13, 2018, as previously announced. PNC Chairman, President and Chief Executive Officer William S. Demchak and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 9:30 a.m. (ET)....
May 30, 2018 08:15 am ET
PNC Executive To Speak At Morgan Stanley Investor Conference
PITTSBURGH, May 30, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chief Financial Officer Robert Q. Reilly will discuss business performance, strategy and banking in a moderated discussion format at 10:35 a.m. (ET) Wednesday, June 13 at the Morgan Stanley Financials Conference in New York City....
May 29, 2018 10:01 am ET
Solebury Trout Launches Corporate Communications Capabilities For Life Sciences Clients
NEW YORK, May 29, 2018 /PRNewswire/ -- Solebury Trout announced today that it is adding corporate communications services to complement its leading life sciences investor relations practice, giving clients the ability to differentiate and communicate their value propositions to all of their stakeholders, from investors and media to the scientific and medical communities. Brad Miles, founder of BMC Communications, will lead the services, bringing his team and portfolio of life sciences client relationships with him. He will be part of Solebury Trout's broader corporate communications practice...
May 16, 2018 08:31 am ET
PNC Chief Executive To Speak At Deutsche Bank Investor Conference
PITTSBURGH, May 16, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a moderated discussion format at 9:55 a.m. (ET) Wednesday, May 30 at the Deutsche Bank Global Financial Services Conference in New York City....
May 09, 2018 07:05 am ET
Millenials' Parents Encouraged Them To Save, Not Invest: PNC Investments Survey
PITTSBURGH, May 9, 2018 /PRNewswire/ -- Now comprising the largest percentage of the workforce, with a new crop of recent graduates about to embark upon their professional careers, millennials report not feeling confident they're saving enough for the future, according to findings from PNC Investments' Millennials & Investing Survey....
Apr 13, 2018 06:43 am ET
PNC Reports First Quarter 2018 Net Income Of $1.2 Billion, $2.43 Diluted EPS
PITTSBURGH, April 13, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported:...
Apr 04, 2018 11:29 am ET
PNC Declares Dividend Of 75 Cents On Common Stock
PITTSBURGH, April 4, 2018 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 75 cents per share. The dividend, with a payment date of May 5, 2018, will be payable the next business day to shareholders of record at the close of business April 16, 2018....
Apr 04, 2018 06:05 am ET
Bringing Learning To Life: Alliance To Help Pre-K Teachers Obtain Classroom Resources Enters Second Year
PITTSBURGH, April 4, 2018 /PRNewswire/ -- Thousands of tiny, wide-eyed faces will light up this year as a result of the $5 million alliance between the PNC Foundation and DonorsChoose.org, which is entering its second year of providing new resources to Head Start and public pre-K classrooms across the PNC footprint. The effort provides much-needed educational supplies and experiences to help prepare young children for success in school and life. ...
Apr 03, 2018 07:05 am ET
Spring: Hope's Eternal For Small And Mid-Size Business Owners
PITTSBURGH, April 3, 2018 /PRNewswire/ -- Optimism is running at historic highs in all categories evaluated by The PNC Financial Services Group in the 15-year history of the PNC Economic Outlook, a semiannual telephone survey of small and medium-size business owners and executives. In results released today, exactly half of respondents describe their outlook for the national economy as optimistic in spring 2018, a significant increase compared to the fall 2017 survey (29 percent). ...
Mar 27, 2018 07:05 am ET
PNC Bank Puts Car Buyers In The Driver's Seat With New Digital Auto Shopping Experience
PITTSBURGH, March 27, 2018 /PRNewswire/ -- PNC Bank is putting car buyers in the driver's seat with the launch of a seamless end-to-end digital car buying experience designed to empower them with the knowledge of how much a car will cost before they go to the dealership – check in hand – so they can complete their purchase with confidence....
Mar 23, 2018 09:30 am ET
PNC Bank, NASCAR Ink Official Deal
DAYTONA BEACH, Fla., March 23, 2018 /PRNewswire/ -- PNC Bank and NASCAR today announced a five-year agreement that introduces PNC as the "Official Bank of NASCAR®" and "Official Wealth Management Partner of NASCAR®." ...
Mar 21, 2018 04:50 pm ET
PNC Changes Prime Rate
PITTSBURGH, March 21, 2018 /PRNewswire/ -- PNC (NYSE: PNC) announced an increase in its prime lending rate. The new rate of 4.75 percent is effective tomorrow, March 22, 2018....
Mar 01, 2018 07:00 am ET
The PNC Financial Services Group Announces First Quarter 2018 Earnings Conference Call Details
PITTSBURGH, March 1, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the first quarter of 2018 Friday, April 13, 2018, as previously announced, at approximately 6:45 a.m. (ET).  PNC Chairman, President and Chief Executive Officer William S. Demchak and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 9:30 a.m. (ET)....
Feb 28, 2018 07:06 am ET
30 Years Later: Women Business Owners Continue Fight for Equality
WASHINGTON, Feb. 28, 2018 /PRNewswire-USNewswire/ -- Today, the National Association of Women Business Owners (NAWBO) released "Spotlight on H.R. 5050: The Bill that Changed Everything for Women Business Owners."  This white paper, sponsored by The PNC Financial Services Group, reflects on the provisions that transformed the course for women business owners and highlights the current areas for improved policy and better women involvement. The white paper includes anecdotes of NAWBO leaders who played a role in H.R. 5050, as well as assessments of the current status of women business owners f...
Feb 26, 2018 08:05 am ET
PNC Bank, IRS Offer Free Tax Prep, Refund Assistance
PITTSBURGH, Feb. 26, 2018 /PRNewswire/ -- PNC Bank will once again support the Internal Revenue Service's Volunteer Income Tax Assistance (VITA) program's efforts to bring free tax assistance and expanded access to faster refunds to low- and moderate-income taxpayers....
Feb 23, 2018 07:50 am ET
New Research Coverage Highlights iStar Financial, SEI Investments, Dover, Red Hat, The PNC Financial Services Group, and Royal Caribbean Cruises — Consolidated Revenues, Company Growth, and Expectatio
NEW YORK, Feb. 23, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of iStar Financial Inc. (NYSE:STAR), SEI Investments...
Feb 22, 2018 09:00 am ET
PNC Names William Parsley Chief Operating Officer
PITTSBURGH, Feb. 22, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that E William Parsley III has been named chief operating officer effective immediately. Gagan Singh will succeed Parsley as chief investment officer and continue with his current duties and Randall C. King will succeed Parsley as treasurer and continue with his current duties. Both will continue to report to Parsley....
Feb 22, 2018 06:55 am ET
PNC Bank Makes Managing Student Debt Easier With A New Education Refinance Loan
PITTSBURGH, Feb. 22, 2018 /PRNewswire/ -- Each year millions of students graduate from college with soaring optimism about their futures while at the same time facing the reality of heavy student loan debt. In response to this challenge, PNC Bank has launched a refinance loan to help borrowers manage their debt and achieve their financial goals....
Feb 06, 2018 09:00 am ET
PNC Bank Announces Sponsorship Of No. 9 Chip Ganassi Racing IndyCar Driven By Scott Dixon
INDIANAPOLIS, Feb. 6, 2018 /PRNewswire/ -- PNC Bank and Chip Ganassi Racing (CGR), today announced an agreement designating PNC as the primary sponsor of the Chip Ganassi Racing No. 9 Honda for the 2018 Verizon IndyCar Series season. The sponsorship represents an expansion of the PNC-CGR relationship that dates back to 2013 when PNC Bank became an official sponsor of Chip Ganassi Racing....
Jan 12, 2018 05:50 am ET
PNC Reports Record Full Year 2017 Net Income Of $5.4 Billion, $10.36 Diluted EPS
PITTSBURGH, Jan. 12, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported:...
Jan 11, 2018 06:56 am ET
PNC Announces Redemption Of 1.500 Percent Senior Bank Notes Due February 23, 2018
PITTSBURGH, Jan. 11, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Jan. 24, 2018 of all of the outstanding Senior Notes due Feb. 23, 2018 issued by PNC Bank, National Association in the amount of $1,000,000,000 (CUSIP 69353REJ3). The securities have a distribution rate of 1.500 percent and an original scheduled maturity date of Feb. 23, 2018. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date of Jan. 24, 2018.  ...
Jan 04, 2018 09:21 am ET
PNC Appoints Linda R. Medler and Martin Pfinsgraff as New Directors
PITTSBURGH, Jan. 4, 2018 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today appointed Linda R. Medler and Martin Pfinsgraff to its board of directors, effective immediately. ...
Dec 22, 2017 11:22 am ET
PNC Announces Investments in Employees, Communities
PITTSBURGH, Dec. 22, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced investments in its employee compensation and communities following the signing of the tax reform bill today. ...
Dec 20, 2017 02:19 pm ET
Harris Williams & Co. Advises Potter Electric Signal Company, LLC on Its Sale to Gryphon Investors
Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide for more than 25 years, announces that it advised Potter Electric Signal Company, LLC (Potter) on its sale to Gryphon Investors (Gryphon). Potter was held by private shareholders, including Two Rivers
Dec 20, 2017 07:43 am ET
PNC Bank Announces Definitive Agreement To Acquire Fortis Advisors
PITTSBURGH, Dec. 20, 2017 /PRNewswire/ -- PNC Bank today announced the entry into a definitive agreement to acquire Fortis Advisors, a leading provider of private merger and acquisition post-closing shareholder representative services, having engaged in over 750 M&A transactions since 2011.  ...
Dec 13, 2017 04:19 pm ET
PNC Changes Prime Rate
PITTSBURGH, Dec. 13, 2017 /PRNewswire/ -- PNC (NYSE: PNC) announced an increase in its prime lending rate. The new rate of 4.50 percent is effective tomorrow, Dec. 14, 2017....
Dec 06, 2017 09:00 am ET
BioEnterprise Announces New Executive Briefing Series
80 national experts gather at the Global Center for Health Innovation for the first in a series of discussions around healthcare transformation
Dec 06, 2017 08:30 am ET
Market Trends Toward New Normal in Red Hat, PNC Financial Services Group, Royal Caribbean Cruises, iStar Financial, SEI Investments, and Planet Payment — Emerging Consolidated Expectations, Analyst Ra
NEW YORK, Dec. 06, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Red Hat, Inc. (NYSE:RHT), PNC Financial...
Nov 27, 2017 07:30 am ET
PNC Bank Announces Definitive Agreement to Acquire The Trout Group, LLC
PITTSBURGH, Nov. 27, 2017 /PRNewswire/ -- PNC Bank today announced the entry into a definitive agreement to acquire The Trout Group, LLC, the premier investor relations and strategic advisory firm servicing the healthcare industry, with more than 80 clients in the life sciences, biotechnology, pharmaceutical and medical device sectors.  Among its more than 30 professionals, Trout holds key relationships with global stakeholders in the life science industry, including investors, banks and other key players.  Trout hosts dozens of well-attended conferences and thought leader events and is a le...
Nov 21, 2017 07:00 am ET
PNC Chief Executive To Speak At Goldman Sachs Investor Conference
PITTSBURGH, Nov. 21, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a moderated discussion format at 11:10 a.m. (ET) Tuesday, Dec. 5 at the Goldman Sachs US Financial Services Conference in New York City....
Nov 15, 2017 08:05 am ET
Holiday Cheer: '12 Days of Christmas' Gifts Rise Just 0.6 Percent In Price, According To PNC
PITTSBURGH, Nov. 15, 2017 /PRNewswire/ -- The PNC Christmas Price Index predicts True Loves will be on their merry way to a more robust and satisfying holiday shopping season this year. To purchase the gifts included in the classic holiday song "The 12 Days of Christmas," it will only cost 0.6 percent more than in 2016, according to the 34th annual holiday economic analysis by The PNC Financial Services Group. ...
Nov 14, 2017 04:30 pm ET
The PNC Financial Services Group To Report Fourth Quarter And Full Year Earnings January 12
PITTSBURGH, Nov. 14, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it expects to issue financial results for the fourth quarter and full year 2017 Friday, Jan. 12, 2018.  PNC Chairman, President and Chief Executive Officer William S. Demchak and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 9:30 a.m. (ET). ...
Nov 14, 2017 07:00 am ET
First New Core Payments System in the U.S. in more than 40 Years Initiates First Live Payments
NEW YORK, Nov. 14, 2017 /PRNewswire/ -- Yesterday, The Clearing House (TCH) launched RTP®, its real-time payments system, the first new core payments infrastructure in the U.S. in more than 40 years.  The new RTP system was designed and built through the collaborative effort of TCH's 25 owner banks and meets the objectives of the Federal Reserve Faster Payments Task Force. RTP is open to all U.S depository institutions with a goal of reaching ubiquity by 2020. ...
Nov 13, 2017 07:40 am ET
Research Report Identifies The J. M. Smucker Company, Etsy, VeriFone Systems, Babcock & Wilcox Enterprises, PNC Financial, and Hawaiian Holdings with Renewed Outlook – Fundamental Analysis, Calculatin
NEW YORK, Nov. 13, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The J. M. Smucker Company (NYSE:SJM),...
Nov 09, 2017 07:05 am ET
PNC Survey Reveals Emotions Influence Planning, Life Goals, Retirement
PITTSBURGH, Nov. 9, 2017 /PRNewswire/ -- A new survey from The PNC Financial Services Group, Inc. (NYSE: PNC) revealed that a substantial number of those considered to be "successful savers" are confident they will achieve their life goals in retirement and identified key priorities for realizing them. ...
Oct 19, 2017 09:15 am ET
PNC Executives To Speak At BancAnalysts Association Of Boston Conference
PITTSBURGH, Oct. 19, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Robert Q. Reilly, chief financial officer, and Karen Larrimer, head of Retail Banking and chief customer officer, will discuss business performance, strategy and banking at 8:55 a.m. (ET) Thursday, Nov. 2 at the BancAnalysts Association of Boston Conference in Boston....
Oct 19, 2017 09:00 am ET
PNC Bank Names Brian Bucher Regional President Of Newly Created Port Cities Region
JACKSONVILLE, Fla., Oct. 19, 2017 /PRNewswire/ -- PNC Bank, N. A. has appointed Brian Bucher regional president of a newly created Port Cities region, encompassing Jacksonville, Charleston, South Carolina and Savannah, Georgia, effective Jan. 1, 2018.  ...
Oct 13, 2017 10:31 am ET
Should you invest in AK Steel Holding Corp, Bank of America, McDonald's, PNC Financial Services or US Steel?
CHICAGO, Oct. 13, 2017 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AKS, BAC, MCD, PNC, and X....
Oct 13, 2017 07:40 am ET
PNC Reports Third Quarter 2017 Net Income of $1.1 Billion, $2.16 Diluted EPS
PITTSBURGH, Oct. 13, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported:...
Oct 11, 2017 10:15 am ET
Harris Williams & Co. Advises Cotton Holdings, Inc. on Its Recapitalization
Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide for more than 25 years, announces that it advised Cotton Holdings, Inc. (Cotton) on a successful recapitalization with BBVA (NYSE:BBVA), providing the company with significant liquidity, operational flexibility and the ability to execute on attractive growth opportunities. Cotton is a leading, nationwide disaster restoration services and workforce logistics company providing services to public and private entities throughout the U
Oct 11, 2017 09:56 am ET
PNC Releases Results of Dodd-Frank Company-Run Stress Test
PITTSBURGH, Oct. 11, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today published the results of its company-run mid-cycle stress test under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The information is available in the Investor Relations section of PNC's corporate website at www.pnc.com/regulatorydisclosures. ...
Oct 09, 2017 02:54 pm ET
Third Annual Survey Finds Record Levels of Interest in M&A from Leaders of Privately Held Companies
Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide for more than 25 years, releases proprietary M&A
Oct 04, 2017 08:55 am ET
Small And Mid-Size Business Leaders Curb Their Enthusiasm Somewhat, But Remain Optimistic About U.S. Economy
PITTSBURGH, Oct. 4, 2017 /PRNewswire/ -- Optimism among business owners and leaders remains high, but has shifted significantly to a more moderate level according to the PNC Economic Outlook, a biannual telephone survey of small and medium-sized business owners, which began in 2003....
Oct 03, 2017 11:09 am ET
PNC Declares Dividend Of 75 Cents On Common Stock
PITTSBURGH, Oct. 3, 2017 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 75 cents per share. The dividend, with a payment date of Nov. 5, 2017, will be payable the next business day to shareholders of record at the close of business Oct. 17, 2017....
Sep 26, 2017 10:31 am ET
Should you buy stock in Alibaba, Facebook, Kinder Morgan, PNC Financial Services, or Red Hat?
CHICAGO, Sept. 26, 2017 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BABA, FB, KMI, PNC, and RHT....
Sep 13, 2017 12:09 pm ET
PNC Foundation Contributes $500K To Hurricane Relief Efforts
PITTSBURGH, Sept. 13, 2017 /PRNewswire/ -- The PNC Foundation and PNC Bank today announced actions taken to help those impacted by Hurricane Irma. ...
Sep 07, 2017 07:11 pm ET
PNC Announces Redemption Of 1.500 Percent Senior Bank Notes Due October 18, 2017
PITTSBURGH, Sept. 7, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Sept. 18, 2017 of all of the outstanding Senior Notes due Oct. 18, 2017 issued by PNC Bank, National Association in the amount of $500,000,000 (CUSIP 69353RDY1). The securities have a distribution rate of 1.500 percent and an original scheduled maturity date of Oct. 18, 2017. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date of Sept. 18, 2017.  ...
Aug 29, 2017 08:41 am ET
PNC Executive to Speak at Barclays Global Financial Services Conference
PITTSBURGH, Aug. 29, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking at 9:45 a.m. (ET) Wednesday, Sept. 13 at the Barclays Global Financial Services Conference in New York City....
Aug 22, 2017 12:32 pm ET
The PNC Financial Services Group to Report Third Quarter Earnings October 13
PITTSBURGH, Aug. 22, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it expects to issue financial results for the third quarter Friday, Oct. 13, 2017.  PNC Chairman, President and Chief Executive Officer William S. Demchak and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 9:30 a.m. (ET). ...
Aug 10, 2017 05:19 pm ET
PNC Appoints Debra A. Cafaro To Board Of Directors
PITTSBURGH, Aug. 10, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today appointed Debra A. Cafaro to its board of directors, effective immediately. Cafaro is the chairman of the board and chief executive officer of Ventas, Inc. (NYSE: VTR), an S&P 500 company that is a leading owner of seniors housing, healthcare and research properties. ...
Jul 14, 2017 07:38 am ET
PNC Reports Second Quarter 2017 Net Income of $1.1 Billion, $2.10 Diluted EPS
PITTSBURGH, July 14, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported:...
Jul 06, 2017 11:12 am ET
PNC Raises Common Stock Dividend To 75 Cents Per Share
PITTSBURGH, July 6, 2017 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 75 cents per share, an increase of 20 cents per share, or 36 percent, from the second quarter dividend of 55 cents per share. The dividend, with a payment date of Aug. 5, 2017, will be payable the next business day to shareholders of record at the close of business July 17, 2017....
Jun 28, 2017 05:45 pm ET
PNC Receives No Objection To Its Capital Plan
PITTSBURGH, June 28, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that the Board of Governors of the Federal Reserve System accepted its capital plan and did not object to its proposed capital actions. The capital plan included a recommendation to increase the quarterly cash dividend on common stock by 20 cents per share, or 36 percent, to 75 cents per share, in the third quarter of 2017. PNC's board of directors is expected to consider this recommendation at its next scheduled meeting July 6, 2017.  ...
Jun 22, 2017 07:00 pm ET
PNC Releases Results Of Annual Dodd-Frank Company-Run Stress Test
PITTSBURGH, June 22, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today the results of its annual company-run stress test conducted in accordance with regulations of the Board of Governors of the Federal Reserve System (Federal Reserve) and the Office of the Comptroller of the Currency (OCC) under the Dodd-Frank Wall Street Reform and Consumer Protection Act. These company-run stress tests are designed to help assess whether financial institutions have sufficient capital to absorb losses and support operations during hypothetical severely adverse economic...
Jun 19, 2017 11:30 am ET
PNC Bank's "Tiny Branch" Debuts In Lexington
LEXINGTON, Ky., June 19, 2017 /PRNewswire/ -- PNC Bank today revealed its portable "Tiny Branch" on the University of Kentucky campus. Measuring 20 x 8 feet, or 160 square feet, the converted steel container brings PNC's newest and unique branch to Lexington....
Jun 19, 2017 09:15 am ET
New Mobile Payment Option For PNC Bank's Visa® Commercial Cardholders
PITTSBURGH, June 19, 2017 /PRNewswire/ -- PNC Bank, N.A., announced today a new mobile payment option enabling Visa® commercial cardholders to use a smartphone or mobile device to make corporate purchases via Apple Pay™, Android Pay™ and Samsung Pay®. PNC is one of the first U.S. banks to enable mobile wallet payments for commercial cards that may be used to make travel-related and in-store purchases....
Jun 14, 2017 06:19 pm ET
PNC Changes Prime Rate
PITTSBURGH, June 14, 2017 /PRNewswire/ -- PNC (NYSE: PNC) announced an increase in its prime lending rate. The new rate of 4.25 percent is effective tomorrow, June 15, 2017....
May 31, 2017 10:46 am ET
PNC Executive to Speak at Morgan Stanley Investor Conference
PITTSBURGH, May 31, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chief Financial Officer Robert Q. Reilly will discuss business performance, strategy and banking in a moderated discussion format at 8:15 a.m. (ET) Wednesday, June 14 at the Morgan Stanley Financials Conference in New York City....
May 16, 2017 12:39 pm ET
PNC Chief Executive To Speak At Bernstein Investor Conference
PITTSBURGH, May 16, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a moderated discussion format at 2 p.m. (ET) Wednesday, May 31 at the Bernstein Strategic Decisions Conference in New York City....
May 15, 2017 01:28 pm ET
The PNC Financial Services Group To Report Second Quarter Earnings July 14
PITTSBURGH, May 15, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it expects to issue financial results for the second quarter Friday, July 14, 2017.  PNC Chairman, President and Chief Executive Officer William S. Demchak and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 9:30 a.m. (ET). ...
May 08, 2017 09:05 am ET
PNC Bank Reinvents - and Eases - the Homebuying Experience With Home Insight® Planner
PITTSBURGH, May 8, 2017 /PRNewswire/ -- Ask homebuyers about purchasing a house and they will recount how stressful and complex the process can be. To reduce that anxiety, PNC Bank is introducing a new and innovative online tool – Home Insight® Planner – that makes the home buying process easier....
May 04, 2017 02:00 pm ET
Small Business Owners' Confidence About U.S. Economy, Own Business Soars To Record Highs
PITTSBURGH, May 4, 2017 /PRNewswire/ -- Optimism among business owners about the U.S. economy and the outlook for their own businesses has reached levels never-before seen in the 15-year history of the PNC Economic Outlook, a biannual telephone survey of small- and medium-sized business owners. ...
Apr 13, 2017 07:40 am ET
PNC Reports First Quarter 2017 Net Income of $1.1 Billion, $1.96 Diluted EPS
PITTSBURGH, April 13, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported:...
Apr 05, 2017 11:04 am ET
PNC Names Gus Faucher Chief Economist
PITTSBURGH, April 5, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc., today announced that Augustine (Gus) Faucher will assume responsibility as chief economist effective immediately. Faucher succeeds Stuart G. Hoffman, who is retiring and transitioning to a new PNC role as senior economic advisor after 37 years of service at PNC. ...
Apr 04, 2017 09:40 am ET
PNC Declares Dividend of 55 Cents on Common Stock
PITTSBURGH, April 4, 2017 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 55 cents per share. The dividend is payable May 5, 2017 to shareholders of record at the close of business April 17, 2017....
Mar 22, 2017 10:50 am ET
PNC Meets 30 Percent Carbon Reduction Goal Ahead Of Plan
PITTSBURGH, March 22, 2017 /PRNewswire/ -- The PNC Financial Services Group disclosed today that it has met its 30 percent carbon reduction goal four years ahead of plan. PNC set this goal, along with an energy reduction goal, in 2009 with plans to reduce its carbon emissions and energy consumption by 30 percent by 2020. Since 2009, PNC has reduced its energy consumption by 28 percent and expects to meet its 2020 goal before the end of 2017....
Mar 15, 2017 05:44 pm ET
PNC Changes Prime Rate
PITTSBURGH, March 15, 2017 /PRNewswire/ -- PNC (NYSE: PNC) announced an increase in its prime lending rate. The new rate of 4.00 percent is effective tomorrow, March 16, 2017....
Feb 23, 2017 03:32 pm ET
/C O R R E C T I O N -- PNC Financial Services Group, Inc./
In the news release, PNC Executive To Speak At RBC Capital Markets Investor Conference, issued 23-Feb-2017 by PNC Financial Services Group, Inc. over PR Newswire, we are advised by the company that the scheduled conference time is 1:45 p.m. (ET) rather than 11:45 a.m. (ET), as originally issued inadvertently. The complete, corrected release follows:...
Feb 21, 2017 09:44 am ET
The PNC Financial Services Group To Report First Quarter Earnings April 13
PITTSBURGH, Feb. 21, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it expects to issue financial results for the first quarter of 2017 Thursday, April 13, 2017. Separately, PNC will hold its Annual Meeting of Shareholders Tuesday, April 25, 2017. Details regarding these events:...
Feb 21, 2017 07:42 am ET
PNC to Acquire ECN Capital's U.S. Commercial, Vendor Finance Business
PITTSBURGH and PHILADELPHIA, Feb. 21, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today a definitive agreement to acquire the U.S.-based commercial and vendor finance business (the "U.S. C&V business") of ECN Capital Corp., one of the leading non-bank vendor finance businesses in the United States. ...
Feb 03, 2017 04:05 pm ET
PNC Announces Redemption Of REIT Preferred Securities
PITTSBURGH, Feb. 3, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that it has submitted a redemption notice to the property trustee for redemption on March 15, 2017 of all of the Fixed-to-Floating Rate Non-cumulative Exchangeable Perpetual Trust Securities (CUSIP NO. 69350JAA7) of PNC Preferred Funding Trust I and of all of the Fixed-to-Floating Rate Non-cumulative Exchangeable Perpetual Trust Securities (CUSIP NO. 69350KAA4) of PNC Preferred Funding Trust II (the "REIT Preferred Securities"), at a redemption price equal to $100,000 per REIT Preferre...
Jan 30, 2017 04:27 pm ET
PNC Announces $300 Million Increase To Planned Share Repurchases
PITTSBURGH, Jan. 30, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced a $300 million increase in its common stock share repurchase programs for the four-quarter period ending June 30, 2017. This amount is in addition to the share repurchase programs of up to $2.0 billion during this period authorized as part of PNC's 2016 capital plan under the Federal Reserve's Comprehensive Capital Analysis and Review, which included up to $200 million related to employee benefit plans.  PNC's board of directors authorized the increase and the Board of Governors of the Fede...
Jan 24, 2017 12:28 pm ET
NAIAS and PNC Foundation Release Second Storybook for Detroit Preschoolers; Pincy's Auto Show Adventures Continue
DETROIT, Jan. 24, 2017 /PRNewswire/ -- The North American International Auto Show (NAIAS) and the PNC Foundation announced today the release of a second locally written and illustrated storybook designed to encourage preschool vocabulary development in a fun, engaging way. ...
Jan 13, 2017 06:31 am ET
PNC Reports Full Year 2016 Net Income Of $4.0 Billion, $7.30 Diluted EPS
PITTSBURGH, Jan. 13, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported:...
Jan 05, 2017 10:01 am ET
PNC Declares Dividend of 55 Cents on Common Stock
PITTSBURGH, Jan. 5, 2017 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 55 cents per share. The dividend, with a payment date of Feb. 5, 2017, will be payable the next business day to shareholders of record at the close of business Jan. 17, 2017....
Jan 05, 2017 08:37 am ET
PNC Announces Redemption Of 1.125 Percent Senior Bank Notes Due Jan. 27, 2017
PITTSBURGH, Jan. 5, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Jan. 17, 2017 of all of the outstanding Senior Notes due Jan. 27, 2017 issued by PNC Bank, National Association in the amount of $1,000,000,000 (CUSIP 69353RCG1). The securities have a distribution rate of 1.125 percent and an original scheduled maturity date of Jan. 27, 2017. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date of Jan. 17, 2017.  ...
Dec 14, 2016 04:45 pm ET
PNC Changes Prime Rate
PITTSBURGH, Dec. 14, 2016 /PRNewswire/ -- PNC (NYSE: PNC) announced an increase in its prime lending rate. The new rate of 3.75 percent is effective tomorrow, Dec. 15, 2016....
Dec 01, 2016 12:05 am ET
'12 Days Of Christmas' Gifts Rise Only 0.7 Percent In Price; In-Store Shoppers Get The Biggest Bargains
PITTSBURGH, Dec. 1, 2016 /PRNewswire/ -- If you want to buy that special someone the gifts included in the holiday classic "The 12 Days of Christmas," they will only cost 0.7 percent more than last year, according to the 33rd annual economic analysis by The PNC Financial Services Group. The small price rise in the PNC Christmas Price Index® reflects slow economic growth, and wage inflation caused an increase in some holiday entertainment options....
Nov 16, 2016 11:40 am ET
PNC Chief Executive to Speak at Goldman Sachs Investor Conference
PITTSBURGH, Nov. 16, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a moderated discussion format at 11:30 a.m. (ET) Tuesday, Dec. 6 at the Goldman Sachs U.S. Financial Services Conference in New York City....
Oct 18, 2016 02:33 pm ET
PNC Executive To Speak At BancAnalysts Association Of Boston Conference
PITTSBURGH, Oct. 18, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Michael P. Lyons, executive vice president and head of Corporate & Institutional Banking, will discuss business performance, strategy and banking at 11:25 a.m. (ET) Thursday, Nov. 3 at the BancAnalysts Association of Boston Conference in Boston....
Oct 14, 2016 07:45 am ET
PNC Reports Third Quarter 2016 Net Income of $1.0 Billion, $1.84 Diluted EPS
PITTSBURGH, Oct. 14, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported net income of $1.0 billion, or $1.84 per diluted common share, for the third quarter of 2016 compared with net income of $989 million, or $1.82 per diluted common share, for the second quarter of 2016 and net income of $1.1 billion, or $1.90 per diluted common share, for the third quarter of 2015....
Oct 12, 2016 10:24 am ET
PNC Releases Results Of Dodd-Frank Company-Run Stress Test
PITTSBURGH, Oct. 12, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today published the results of its company-run mid-cycle stress test under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The information is available in the Investor Relations section of PNC's corporate website at www.pnc.com/regulatorydisclosures. ...
Oct 06, 2016 07:05 am ET
Small Business Owners Upbeat About U.S. Economy, But Few Plan To Hire
PITTSBURGH, Oct. 6, 2016 /PRNewswire/ -- Owners of small and mid-sized businesses are upbeat about the U.S. economy amid steady expectations for their sales and hiring during the next six months, according to the latest PNC Economic Outlook Survey findings. ...
Oct 04, 2016 10:08 am ET
PNC Declares Dividend Of 55 Cents On Common Stock
PITTSBURGH, Oct. 4, 2016 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 55 cents per share. The dividend, with a payment date of Nov. 5, 2016, will be payable the next business day to shareholders of record at the close of business Oct. 17, 2016....
Sep 26, 2016 08:50 am ET
PNC Retirement Survey Reveals Digital Connection And Expert Advice Crucial To Savings Success
PITTSBURGH, Sept. 26, 2016 /PRNewswire/ -- If consumers want to take more control of their finances, they need to take advantage of the mobile and online tools their financial institution offers, as well as the expertise of a professional investment adviser, according to new survey findings from The PNC Financial Services Group, Inc. (NYSE: PNC)....
Sep 13, 2016 11:25 am ET
The PNC Financial Services Group To Report Fourth Quarter And Full Year Earnings January 13
PITTSBURGH, Sept. 13, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it expects to issue financial results for the fourth quarter and full year 2016 Friday, Jan. 13, 2017.  PNC Chairman, President and Chief Executive Officer William S. Demchak and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 11 a.m. (ET). ...
Sep 02, 2016 09:39 am ET
PNC Announces Redemption of PNC Bank 1.150 Percent Senior Notes Due Nov. 1, 2016
PITTSBURGH, Sept. 2, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Oct. 2, 2016 of all of the outstanding Senior Notes due Nov. 1, 2016 issued by PNC Bank, National Association in the amount of $750,000,000 (CUSIP 69349LAP3). The securities have a distribution rate of 1.150 percent and an original scheduled maturity date of Nov. 1, 2016. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date of Oct. 2, 2016.  ...
Aug 25, 2016 03:13 pm ET
PNC Executive To Speak At Barclays Global Financial Services Conference
PITTSBURGH, Aug. 25, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking at 10:30 a.m. (ET) Wednesday, Sept. 14 at the Barclays Global Financial Services Conference in New York City....
Aug 25, 2016 08:05 am ET
PNC Enhances ATM Security With Chip Card Capability
PITTSBURGH, Aug. 25, 2016 /PRNewswire/ -- PNC Bank is rolling out upgrades to its 9,000 ATMs to improve security and convenience for customers....
Aug 09, 2016 01:48 pm ET
The PNC Financial Services Group To Report Third Quarter Earnings October 14
PITTSBURGH, Aug. 9, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it expects to issue financial results for the third quarter Friday, Oct. 14, 2016. PNC Chairman, President and Chief Executive Officer William S. Demchak and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 11 a.m. (ET). ...
Aug 04, 2016 10:06 am ET
PNC Announces Redemption Of PNC Bank 1.300 Percent Senior Notes Due Oct. 3, 2016
PITTSBURGH, Aug. 4, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Sept. 6, 2016 of all of the outstanding Senior Notes due Oct. 3, 2016 issued by PNC Bank, National Association in the amount of $750,000,000 (CUSIP 69349LAN8). The securities have a distribution rate of 1.300 percent and an original scheduled maturity date of Oct. 3, 2016. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date of Sept. 6, 2016.  ...
Jul 21, 2016 11:05 am ET
PNC Bank's "Tiny Branch" Debuts In Morgantown
MORGANTOWN, W.Va., July 21, 2016 /PRNewswire/ -- PNC Bank today revealed its portable "Tiny Branch" on the campus of West Virginia University.  Measuring 20 x 8 foot, or 160 square feet, the converted steel container brings PNC's newest concept branch to Morgantown consumers along with the ease of drive-up service.  ...
Jul 18, 2016 06:07 pm ET
PNC Announces Redemption of PNC Funding Corp 2.70 Percent Senior Notes Due Sept. 19, 2016
PITTSBURGH, July 18, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that it has submitted a redemption notice to the trustee for redemption on Aug. 22, 2016 all of the outstanding Senior Notes due Sept. 19, 2016 issued by PNC Funding Corp in the amount of $1,250,000,000 (CUSIP 693476BM4). The securities have a distribution rate of 2.70 percent and an original scheduled maturity date of Sept. 19, 2016. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date of Aug. 22...
Jul 15, 2016 07:34 am ET
PNC Reports Second Quarter 2016 Net Income Of $989 Million, $1.82 Diluted EPS
PITTSBURGH, July 15, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported net income of $989 million, or $1.82 per diluted common share, for the second quarter of 2016 compared with net income of $943 million, or $1.68 per diluted common share, for the first quarter of 2016 and net income of $1.044 billion, or $1.88 per diluted common share, for the second quarter of 2015....
Jul 07, 2016 11:24 am ET
PNC Raises Common Stock Dividend To 55 Cents Per Share
PITTSBURGH, July 7, 2016 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 55 cents per share, an increase of 4 cents per share, or 8 percent, from the second quarter dividend of 51 cents per share. The dividend is payable Aug. 5, 2016 to shareholders of record at the close of business July 18, 2016....
Jun 29, 2016 05:45 pm ET
PNC Receives No Objection To Its Capital Plan
PITTSBURGH, June 29, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that the Board of Governors of the Federal Reserve System accepted its capital plan and did not object to its proposed capital actions. The capital plan included a recommendation to increase the quarterly cash dividend on common stock by $0.04 cents per share, or 7.8 percent, to $0.55 cents per share, in the third quarter of 2016. PNC's board of directors is expected to consider this recommendation at its next scheduled meeting July 7, 2016....
Jun 23, 2016 06:05 pm ET
PNC Releases Results Of Annual Dodd-Frank Company-Run Stress Test
PITTSBURGH, June 23, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today the results of its annual company-run stress test conducted in accordance with regulations of the Board of Governors of the Federal Reserve System (Federal Reserve) and the Office of the Comptroller of the Currency (OCC) under the Dodd-Frank Wall Street Reform and Consumer Protection Act. These company-run stress tests are designed to help assess whether financial institutions have sufficient capital to absorb losses and support operations during hypothetical severely adverse economic...
Jun 07, 2016 08:45 am ET
PNC Bank Named Official Bank of the University of Kentucky
LEXINGTON, Ky., June 7, 2016 /PRNewswire/ -- PNC Bank, N.A., a member of The PNC Financial Services Group (NYSE: PNC), and JMI Sports announced today that PNC will become the official bank of the University of Kentucky (UK).  Expanding its longstanding relationship with the University of Kentucky, under the new 15-year agreement PNC will provide student and workplace banking, as well as financial literacy programs, for more than 50,000 UK students, faculty and staff.  JMI Sports is the campus multi-media rights partner for the University of Kentucky....
May 25, 2016 02:07 pm ET
Top Travel Buddies Revealed In PNC Premier Traveler® Visa Signature® Summer Vacation Survey
PITTSBURGH, May 25, 2016 /PRNewswire/ -- Billionaire philanthropist Warren Buffett or Mark Zuckerberg would be welcome on one in four summer vacations and among world leaders President Barack Obama would make a good seat mate on a long flight, according to the PNC Premier Traveler® Visa Signature® Summer Vacation Survey, released today....
May 25, 2016 09:45 am ET
PNC Executive to Speak at Morgan Stanley Investor Conference
PITTSBURGH, May 25, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chief Financial Officer Robert Q. Reilly will discuss business performance, strategy and banking in a moderated discussion format at the Morgan Stanley Financials Conference in New York City at 10:35 a.m. (ET) Tuesday, June 14....
May 11, 2016 09:40 am ET
PNC Chief Executive To Speak At Bernstein Investor Conference
PITTSBURGH, May 11, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a moderated discussion format at the Bernstein Strategic Decisions Conference in New York City at 3 p.m. (ET) Wednesday, June 1....
May 06, 2016 10:46 am ET
The PNC Financial Services Group To Report Second Quarter Earnings July 15
PITTSBURGH, May 6, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it expects to issue financial results for the second quarter Friday, July 15, 2016. PNC Chairman, President and Chief Executive Officer William S. Demchak and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 11 a.m. (ET). ...
Apr 17, 2016 01:00 pm ET
Capital One, Fifth Third, PNC, TD, and Wells Fargo Invest in Transactis
NEW YORK, April 17, 2016 /PRNewswire/ -- Five of the largest U.S. commercial banks — Capital One, Fifth Third, PNC, TD, and Wells Fargo — and Safeguard Scientifics announced they have invested a total of $30 million in Transactis, a leading provider of electronic billing and payment solutions. Each bank, along with Safeguard, invested an equal amount in Transactis as part of a Series E financing, demonstrating the banks' continued leadership in payments innovation. Transactis' technology reaches more than 100 million households and businesses in North America....
Apr 14, 2016 07:37 am ET
PNC Reports First Quarter 2016 Net Income Of $943 Million, $1.68 Diluted EPS
PITTSBURGH, April 14, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported net income of $943 million, or $1.68 per diluted common share, for the first quarter of 2016 compared with net income of $1.0 billion, or $1.87 per diluted common share, for the fourth quarter of 2015 and net income of $1.0 billion, or $1.75 per diluted common share, for the first quarter of 2015....
Apr 06, 2016 12:05 pm ET
The Frick Pittsburgh to Present Killer Heels: The Art of the High-Heeled Shoe
PITTSBURGH, April 6, 2016 /PRNewswire-USNewswire/ -- The Frick Pittsburgh announces that UPMC Health Plan is the lead sponsor for the museum's major summer exhibition, Killer Heels: The Art of the High-Heeled Shoe. Additional support for Killer Heels is provided by PNC. Opening June 11, 2016, Killer Heels explores fashion's most provocative accessory through an astonishing selection of nearly 150 historic and contemporary heels on loan from designers, the renowned Brooklyn Museum costume collection housed at the Metropolitan Museum of Art, the Bata Shoe Museum, and others. ...
Apr 04, 2016 11:04 am ET
PNC Declares Dividend of 51 Cents on Common Stock
PITTSBURGH, April 4, 2016 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 51 cents per share. The dividend is payable May 5, 2016 to shareholders of record at the close of business April 15, 2016. The board also declared a cash dividend on the following series of preferred stocks:...
Mar 31, 2016 07:00 am ET
Hiring Plans Steady As Business Owners Sour On U.S. Economy
PITTSBURGH, March 31, 2016 /PRNewswire/ -- Small and mid-sized business owners are cautious about the next six months amid greater pessimism about the economy given the stock market volatility and presidential election rhetoric, according to the latest PNC Economic Outlook Survey findings. ...
Mar 01, 2016 12:45 pm ET
Phoenix Capital Resources (R) Assists Lane Enterprises, Inc. in Completing a Refinancing With PNC Bank
Phoenix Capital Resources, the investment bank affiliate of Phoenix Management Services, LLC, acted as the exclusive financial advisor and investment banker to Lane Enterprises, Inc. PNC Bank, N.A., member of The PNC Financial Services Group,...
Feb 23, 2016 08:00 am ET
PNC Executive to Speak at RBC Capital Markets Investor Conference
PITTSBURGH, Feb. 23, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Steven Van Wyk, executive vice president and head of Technology and Operations, will discuss business performance, strategy and banking in a moderated discussion format at the RBC Capital Markets Financial Institutions Conference in New York City at 1:55 p.m. (ET) on Tuesday, March 8....
Feb 16, 2016 12:59 pm ET
The PNC Financial Services Group To Report First Quarter Earnings April 14
PITTSBURGH, Feb. 16, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it expects to issue financial results for the first quarter of 2016 on Thursday, April 14, 2016. Separately, PNC will hold its Annual Meeting of Shareholders on Tuesday, April 26, 2016. Details regarding these events:...
Jan 26, 2016 04:26 pm ET
North American International Auto Show and PNC Surprise DPS Preschool Children with Locally Illustrated and Written Storybook
DETROIT, Jan. 26, 2016 /PRNewswire/ -- Representatives from the North American International Auto Show (NAIAS) and the PNC Foundation, which receives its principal funding from The PNC Financial Services Group (NYSE: PNC), held a special event at Coleman A. Young Elementary School in Detroit today to present DPS preschool children with a locally written and illustrated storybook entitled, "Pincy's Auto Show Adventures: Pincy Saves the Day!"...
Jan 25, 2016 08:05 am ET
PNC Executive Vice President Neil F. Hall To Retire
PITTSBURGH, Jan. 25, 2016 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that Neil F. Hall will retire as executive vice president and head of Retail Banking, effective July 1. PNC Chief Customer Officer Karen L. Larrimer will succeed Hall as head of Retail Banking. ...
Jan 19, 2016 03:34 pm ET
Students Earn Valuable Educational Experience Through NAIAS Education Day: A World of Opportunities
DETROIT, Jan. 19, 2016 /PRNewswire/ -- The North American International Auto Show (NAIAS) welcomes school groups of all ages to attend the most prominent auto show in North America and learn valuable lessons at its annual NAIAS Education Day (NED) on Wednesday, Jan. 20. Now in its twelfth year, NED is in partnership with PNC Foundation, which receives its principal funding from the PNC Financial Services Group (NYSE: PNC). Lesson plans and activities are customized based on the classes and students that are attending....