PNC Financial Services Group Inc (N:PNC)

Mar 29, 2023 12:00 pm ET
Mar 28, 2023 10:20 am ET
Harris Williams Advises Western Smokehouse Partners on its Sale to AUA Private Equity Partners, LLC
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Western Smokehouse Partners, a portfolio company of Monogram Capital Partners (Monogram), on its sale to AUA Private Equity Partners, LLC (AUA Private Equity). Western Smokehouse Partners is a leading manufacturer of premium, crafted meat snack
Mar 24, 2023 09:00 am ET
PNC Community Benefits Plan
Download the full PNC Annual Community Benefits Plan Progress Report here.
Mar 23, 2023 10:30 am ET
PNC North Carolina HBCU Initiative Pitch Competition Winner Exemplifies How HBCUs Are Driving Black Entrepreneurship
NORTHAMPTON, MA / ACCESSWIRE / March 23, 2023 / Like many innovation stories, Jahmir Hamilton's began when he observed a need.
Mar 22, 2023 04:30 pm ET
PNC BANK, N.A. CHANGES PRIME RATE
PITTSBURGH, March 22, 2023 /PRNewswire/ -- PNC Bank, N.A., announced an increase in its prime lending rate. The new rate of 8.00% is effective tomorrow, March 23, 2023.
Mar 02, 2023 10:53 am ET
Harris Williams Acts as Exclusive Financial Advisor to Thoma Bravo on its Investment in LOGEX
Harris Williams, a global investment bank specializing in M&A advisory services, announces it acted as exclusive financial advisor to Thoma Bravo, a leading software investment firm, on its investment in LOGEX, a portfolio company of Summa Equity. LOGEX is a leading healthcare analytics provider, which uses data to help healthcare providers and
Feb 27, 2023 12:05 pm ET
PNC SURVEY SHOWS SMALL BUSINESS OWNERS SEE BRIGHT FUTURES FOR THEIR OWN BUSINESSES
Nearly six in 10 small and mid-sized business owners are highly optimistic about their own company's prospects in the next six months, a survey high.Almost two-thirds believe business conditions in the U.S. will improve.Fewer business owners plan to increase their own prices to customers by 5% or more than in 2022.PITTSBURGH, Feb. 27, 2023 /PRNewswire/ -- Based on the results of PNC's latest semi-annual survey of small and mid-sized businesses, which concluded Feb. 6, it appears that resilient business owners are defying predictions of an economic downturn later this year. In fact, business
Feb 15, 2023 11:52 am ET
Harris Williams Advises Unleashed Brands on its Strategic Partnership with Seidler Equity Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Unleashed Brands, backed by founder Michael Browning, management, and a group of private investment firms, on its strategic partnership with Seidler Equity Partners (SEP). Unleashed Brands is the world's first youth enrichment franchise platfor
Feb 02, 2023 10:59 am ET
Harris Williams Advises Scott Dunn on its Pending Sale to Flight Centre Travel Group
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Scott Dunn, a portfolio company of Inflexion Private Equity (Inflexion), on its pending sale to Flight Centre Travel Group (ASX: FLT; FCTG). Scott Dunn is one of the world's leading luxury tour operators. The transaction is being led by
Feb 01, 2023 04:00 pm ET
PNC BANK, N.A. CHANGES PRIME RATE
PITTSBURGH, Feb. 1, 2023 /PRNewswire/ -- PNC Bank, N.A., announced an increase in its prime lending rate. The new rate of 7.75% is effective tomorrow, Feb. 2, 2023.
Jan 31, 2023 11:25 am ET
Harris Williams Advises Magaya Corporation on its Recapitalization by Apax Digital
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Magaya Corporation (Magaya), a portfolio company of LLR Partners (LLR), on its recapitalization from funds advised by Apax Digital, the growth equity arm of Apax Partners (Apax). Magaya is a leading provider of cloud-based supply chain automati
Jan 27, 2023 10:26 am ET
Harris Williams Advises Prima Solutions on its Sale to Total Specific Solutions
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Prima Solutions on its sale to Total Specific Solutions (TSS), a subsidiary of Topicus.com (TSXV:TOI; Topicus) and part of Constellation Software Inc. (TSX:CSU; Constellation). Prima Solutions is a leading European insurtech company that helps
Jan 25, 2023 08:06 am ET
PNC ISSUES SECOND GREEN BOND FOR $1.25 BILLION
Proceeds from PNC's Green Bond issuances will be used to finance or re-finance Eligible Green Projects that promote a transition to a low-carbon economy and offer environmentally sustainable benefits.
Jan 18, 2023 05:35 am ET
PNC REPORTS FULL YEAR 2022 NET INCOME OF $6.1 BILLION, $13.85 DILUTED EPS OR $13.96 AS ADJUSTED
Fourth quarter net income was $1.5 billion, $3.47 diluted EPS or $3.49 as adjusted 3% avg. loan growth; 4% revenue increase; 10 basis point NIM expansion
Jan 13, 2023 10:03 am ET
Harris Williams Advises Flagstop Car Wash on its Recapitalization by Garnett Station Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Flagstop Car Wash (Flagstop) on its recapitalization and growth capital investment by Garnett Station Partners, LLC (Garnett Station). Flagstop is a rapidly expanding express car wash platform with 14 locations in Central Virginia. The transact
Jan 11, 2023 10:37 am ET
Harris Williams Advises RoadOne IntermodaLogistics on its Recapitalization by Ridgemont Equity Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised RoadOne IntermodaLogistics (RoadOne), a portfolio company of Nonantum Capital Partners (Nonantum), on its recapitalization by Ridgemont Equity Partners (Ridgemont). RoadOne is a single source intermodal, distribution and logistics services comp
Jan 11, 2023 07:05 am ET
PNC EXPANDS ITS ENVIRONMENTAL FINANCE PLEDGE TO $30 BILLION
Focused on green buildings, renewable energy and clean transportation, commitment deepens the bank's support of clients transitioning to a low-carbon economy
Jan 06, 2023 10:52 am ET
Harris Williams Advises The InterMed Group on its Sale to Cressey & Company LP and Health Enterprise Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised The InterMed Group (InterMed), a portfolio company of Granite Bridge Partners LLC (Granite Bridge), on its sale to Cressey & Company LP (Cressey) and Health Enterprise Partners (HEP). InterMed is a healthcare technology management services part
Jan 04, 2023 10:24 am ET
PNC DECLARES DIVIDEND OF $1.50 ON COMMON STOCK
PITTSBURGH, Jan. 4, 2023 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.50 per share. The dividend, with a payment date of Feb. 5, 2023, will be payable the next business day to shareholders of record at the close of business Jan. 17, 2023.
Jan 04, 2023 10:20 am ET
Women Business Owners Don't Need to Become Confident. They Already Are.
NORTHAMPTON, MA / ACCESSWIRE / January 4, 2023 / PNC Financial Services Group
Dec 14, 2022 03:55 pm ET
PNC BANK, N.A. CHANGES PRIME RATE
PITTSBURGH, Dec. 14, 2022 /PRNewswire/ -- PNC Bank, N.A., announced an increase in its prime lending rate. The new rate of 7.50% is effective tomorrow, Dec. 15, 2022.
Dec 13, 2022 04:00 am ET
Report Finds CFOs and Treasurers Remain Optimistic; Focus on Reducing Inefficiencies and Streamlining Operations
GTreasury, a treasury and risk management platform provider, and PNC Bank, one of the largest diversified financial services institutions in the U.S., today announced the release of a joint survey report entitled, Pressure Points, Payments & Plans...
Dec 12, 2022 09:14 am ET
Harris Williams Advises Utegration on its Pending Sale to Cognizant
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Utegration, a portfolio company of RLH Equity Partners (RLH), on its pending sale to Cognizant (NASDAQ: CTSH). Utegration is a full-service SAP® consulting and solutions company focused solely on the utilities and energy industries. The tra
Dec 07, 2022 07:20 am ET
THE PNC FINANCIAL SERVICES GROUP ANNOUNCES FOURTH QUARTER AND FULL YEAR EARNINGS CONFERENCE CALL DETAILS
PITTSBURGH, Dec. 7, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the fourth quarter and full year 2022, at approximately 6:30 a.m. (ET), Wednesday, Jan. 18, 2023, as previously announced. PNC Chairman, President 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 9 a.m. (ET).
Nov 22, 2022 07:45 am ET
PNC EXECUTIVES TO SPEAK AT GOLDMAN SACHS CONFERENCE
PITTSBURGH, Nov. 22, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q. Reilly will discuss business performance, strategy and banking at 1:00 p.m. (ET) Tuesday, Dec. 6, at the Goldman Sachs US Financial Services Conference in New York City.
Nov 18, 2022 10:00 am ET
Harris Williams Advises Bregal in Connection with the Combination of Four Portfolio Companies to Form GENII Software Group
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Bregal Unternehmerkapital Funds (Bregal) in connection with the combination of four portfolio companies, GUS Group (GUS), iptor, SHD, and PDV, to form GENII Software Group (GENII). The transaction was led by the Harris Williams
Nov 17, 2022 05:05 am ET
TRUE LOVE FEELS STICKER SHOCK WITH A 10.5 PERCENT HIKE IN PNC CHRISTMAS PRICE INDEX
For the 39th year, PNC calculated the cost of ChristmasThe year-over-year increase in 2022 is the third highest on recordInflation for services far outstripped goods in this year's indexPITTSBURGH, Nov. 17, 2022 /PRNewswire/ -- True love costs a lot more this year, as record-high inflation drives PNC's 39th annual Christmas Price Index® (PNC CPI) up 10.5%, the third highest year-over-year increase in the index's history. The PNC CPI, a light-hearted take on the Bureau of Labor Statistics' (BLS) Consumer Price Index, measures the average change in prices consumers should expect to pay for Tru
Nov 11, 2022 10:26 am ET
Harris Williams Advises United States Infrastructure Corporation on its Sale of a 50% Stake to Kohlberg & Company
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised United States Infrastructure Corporation (USIC), a portfolio company of Partners Group, acting on behalf of its clients, on its sale of a 50% stake to Kohlberg & Company (Kohlberg). Partners Group will retain a 50% co-lead interest. Kohlberg wa
Nov 10, 2022 11:43 am ET
Harris Williams Advises Liquibox on its Pending Sale to Sealed Air
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Liquibox, a portfolio company of Olympus Partners (Olympus), on its pending sale to Sealed Air (NYSE: SEE; SEE). Liquibox is a global leader in liquid packaging and dispensing. The transaction is being led by
Nov 08, 2022 10:31 am ET
Harris Williams Acts as Lead Sell-Side Advisor on A2MAC1’s Pending Sale to Providence Equity Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is acting as lead sell-side advisor to A2MAC1, a portfolio company of Five Arrows Principal Investments (Five Arrows) and Keensight Capital, on its pending sale to Providence Equity Partners (Providence). As part of the transaction, Five Arrows will re
Nov 03, 2022 01:05 pm ET
Harris Williams Advises St Pierre Groupe on its Sale to Grupo Bimbo
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised St Pierre Groupe (St Pierre), an international market leader in the bakery sector, on its sale to Grupo Bimbo (BMV: BIMBO). St Pierre was previously owned by its founders and BGF. The transaction was led by
Nov 02, 2022 05:22 pm ET
PNC BANK, N.A. CHANGES PRIME RATE
PITTSBURGH, Nov. 2, 2022 /PRNewswire/ -- PNC Bank, N.A. announced an increase in its prime lending rate. The new rate of 7.00% is effective tomorrow, Nov. 3, 2022.
Nov 02, 2022 01:50 pm ET
Harris Williams Advises Ned Stevens Gutter Cleaning on its Sale to Cobepa S.A.
Harris Williams, a global investment bank specializing in M&A advisory services, announces it served as lead advisor to Ned Stevens Gutter Cleaning (Ned Stevens), a portfolio company of AVALT, on its sale to Cobepa S.A. (Cobepa). Cobepa completed the acquisition in partnership with Ned Stevens’ existing management team and The Jordan Company (T
Nov 02, 2022 10:00 am ET
2023 outlook from ASU and national economists
Speakers from across the country and region share what's in store for the year ahead at the 59th annual ASU/PNC Bank Economic Forecast Luncheon
Oct 31, 2022 03:46 pm ET
Harris Williams Advises Bradford Health Services on its Sale to Lee Equity Partners, LLC
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Bradford Health Services (Bradford Health), a portfolio company of Centre Partners, on its sale to Lee Equity Partners, LLC (Lee Equity). Based in Birmingham, Alabama, Bradford Health is a leading substance use disorder treatment provider in th
Oct 20, 2022 11:15 am ET
PNC Shares Social Bond Impact Report
NORTHAMPTON, MA / ACCESSWIRE / October 20, 2022 / Affordable housing for seniors, critical support for small businesses in under-resourced communities and access to essential services for low and moderate-income (LMI) communities are among the projects PNC has financed through its inaugural $700 million social bond issued in August 2021.
Oct 20, 2022 10:18 am ET
Harris Williams Advises Magna Legal Services on its Pending Sale to Odyssey Investment Partners, LLC
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Magna Legal Services (Magna), a portfolio company of CIVC Partners, L.P. (CIVC), on its pending sale to Odyssey Investment Partners, LLC (Odyssey). Magna provides litigation support services to law firms, insurance companies and corporation
Oct 20, 2022 08:25 am ET
PNC EXECUTIVES TO SPEAK AT BANCANALYSTS ASSOCIATION OF BOSTON CONFERENCE
PITTSBURGH, Oct. 20, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Executive Vice President and Chief Financial Officer Robert Q. Reilly and Executive Vice President and Chief Credit Officer Michael J. Hannon will discuss business performance, strategy and banking at 10:30 a.m. (ET), Thursday, Nov. 3, at the BancAnalysts Association of Boston Conference in Boston.
Oct 19, 2022 11:55 am ET
A Firsthand Look at PNC's Inaugural Unidos Hispanic/Latino Leaders Forum
NORTHAMPTON, MA / ACCESSWIRE / October 19, 2022 / PNC Financial Services Group
Oct 14, 2022 06:37 am ET
PNC REPORTS THIRD QUARTER 2022 NET INCOME OF $1.6 BILLION, $3.78 DILUTED EPS
3% avg. loan growth; 32 basis point NIM expansion; 7% positive operating leverage
Oct 13, 2022 12:10 pm ET
Understanding ESG at PNC
NORTHAMPTON, MA / ACCESSWIRE / October 13, 2022 / Environmental, Social and Governance (ESG) refers to the many challenges and opportunities that speak to a company's commitments and responsibilities to its stakeholders - customers, employees, communities and investors. It's often heard in relation to sustainability initiatives or socially responsible investing.
Oct 11, 2022 09:25 am ET
The Importance of Diversity and Inclusion in Physical Security
NORTHAMPTON, MA / ACCESSWIRE / October 11, 2022 / PNC Financial Services Group
Oct 06, 2022 12:54 pm ET
Harris Williams Advises Ivy Rehab Physical Therapy on its Continuation Fund Transaction
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Ivy Rehab Physical Therapy (Ivy) on its continuation fund transaction. The transaction was led by
Oct 06, 2022 08:01 am ET
PNC BANK EXPANDS PARTNERUP® CAREER PATHWAY INITIATIVE TO HIGH SCHOOLERS IN NEW MARKETS
Upskilling Program, New Education Benefit through Guild to Offer Direct, Debt-Free Route to In-Demand Careers
Oct 04, 2022 11:37 am ET
Harris Williams Advises FreshEdge on its Sale to Wind Point Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised FreshEdge, a portfolio company of Rotunda Capital Partners (Rotunda), on its sale to Wind Point Partners (Wind Point). FreshEdge is a family of produce and specialty food distribution companies. The transaction was led by
Oct 03, 2022 04:43 pm ET
Harris Williams Advises Denali Ingredients on its Pending Sale to Orkla Food Ingredients, a Subsidiary of Orkla ASA
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Denali Ingredients, a privately held, family-owned company, on its pending sale to Orkla Food Ingredients (OFI), a business area of Orkla ASA (Orkla). Denali Ingredients is a leading provider of custom specialty ingredients for the ice crea
Oct 03, 2022 11:10 am ET
PNC DECLARES DIVIDEND OF $1.50 ON COMMON STOCK
PITTSBURGH, Oct. 3, 2022 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.50 per share. The dividend, with a payment date of Nov. 5, 2022, will be payable the next business day to shareholders of record at the close of business Oct. 17, 2022.
Sep 30, 2022 06:40 am ET
PNC ANNOUNCES REDEMPTION OF ALL DEPOSITARY SHARES REPRESENTING INTERESTS IN SERIES P STOCK
PITTSBURGH, Sept. 30, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Nov. 1, 2022, of $1,500,000,000 of Depositary Shares (CUSIP: 693475857) (the "Depositary Shares") representing interests in PNC's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series P (the "Series P Preferred Stock"). Each Depositary Share represents a 1/4,000th interest in a share of the Series P Preferred Stock. All 60,000,000 Depositary Shares currently outstanding will be redeemed. 
Sep 27, 2022 11:03 am ET
PNC BANK TRANSFORMS DIGITAL MORTGAGE APPLICATION PROCESS
Strategic partnership with Blend provides an enhanced user experience for PNC customers
Sep 27, 2022 10:59 am ET
Harris Williams Advises Inspirage on its Pending Sale to Accenture
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Inspirage, a portfolio company of RLH Equity Partners (RLH), on its pending sale to Accenture (NYSE:ACN). Inspirage is a leading provider of Oracle Cloud supply chain transformation and consulting services. The transaction is being led by t
Sep 26, 2022 12:33 pm ET
PNC ACHIEVES MLT BLACK EQUITY AT WORK CERTIFICATION
Achievement reflects PNC's ongoing commitment to diversity and inclusion
Sep 26, 2022 08:10 am ET
PNC ANNOUNCES ACQUISITION OF POINT OF SALE AND PAYMENTS SOLUTIONS FIRM, LINGA
PITTSBURGH, Sept. 26, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced it has acquired Linga, a point of sale (POS) and payments solutions firm providing an industry-leading, cloud-based restaurant operating system. The acquisition of Linga and its technology will further expand PNC's digital resources and enhance the bank's capabilities to better serve its hospitality and restaurant industry clients.
Sep 23, 2022 12:43 pm ET
Harris Williams Advises D&H United Fueling Solutions on its Sale to Wind Point Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised D&H United Fueling Solutions (D&H United), a portfolio company of KLH Capital (KLH), on its sale to Wind Point Partners (Wind Point). D&H United is a leading provider of testing, inspection, repair, and installation services for fueling station
Sep 21, 2022 10:09 pm ET
PNC BANK, N.A. CHANGES PRIME RATE
PITTSBURGH, Sept. 21, 2022 /PRNewswire/ -- PNC Bank, N.A. announced an increase in its prime lending rate. The new rate of 6.25% is effective tomorrow, Sept. 22, 2022.
Sep 21, 2022 11:33 am ET
Harris Williams Advises Authority Brands on its Pending Sale to British Columbia Investment Management Corporation and Funds Advised by Apax
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Authority Brands, a portfolio company of Apax Partners LLP (Apax), on its pending sale to British Columbia Investment Management Corporation (BCI) alongside funds advised by Apax (Apax Funds), which will retain majority ownership. Authority
Sep 20, 2022 10:22 am ET
Harris Williams Advises Cority on its Acquisition of Reporting 21
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Cority, a leading global enterprise environmental, health, and safety (EHS) software provider and a portfolio company of Thoma Bravo, on its acquisition of Reporting 21, a portfolio company of CAPZA. Reporting 21 is a leading sustainability-foc
Sep 14, 2022 01:37 pm ET
Harris Williams Advises PharmaLex Group on its Pending Sale to AmerisourceBergen
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising PharmaLex Group (PharmaLex) on its pending sale to AmerisourceBergen. PharmaLex, a portfolio company of AUCTUS Capital Partners AG (AUCTUS), is a leading provider of specialized services for the pharma, biotech, and medtech industries world
Sep 13, 2022 12:01 pm ET
Harris Williams Advises People, Pets & Vets on its Sale to VetCor
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised People, Pets & Vets (PPV), a portfolio company of Cressey & Company LP (Cressey), on its sale to VetCor, a portfolio company of funds managed by Harvest Partners, LP (Harvest) and Cressey. PPV is a leading veterinary services company with anima
Sep 13, 2022 08:25 am ET
THE PNC FINANCIAL SERVICES GROUP ANNOUNCES THIRD QUARTER EARNINGS CONFERENCE CALL DETAILS
PITTSBURGH, Sept. 13, 2022 /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), Friday, Oct. 14, 2022, as previously announced. PNC Chairman, President 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 11 a.m. (ET).
Sep 08, 2022 07:05 am ET
PNC SURVEY SHOWS SMALL BUSINESS OWNERS OPTIMISTIC DESPITE INFLATION, RECESSION WORRIES
About half (49%) of small and mid-sized business owners are highly optimistic about the near-term prospects for their own businesses.Almost two-thirds (63%) are expecting to raise prices in the next six months.Almost seven in 10 (69%) envision a recession in the next 12 months.Nearly half (47%) of those who rely on supply chain say it remains a problem.PITTSBURGH, Sept. 8, 2022 /PRNewswire/ -- Small and mid-size business owners and executives have an optimistic outlook about the near-term future of their businesses as they ride out inflationary pressures, supply chain disruptions and politic
Sep 07, 2022 01:57 pm ET
Harris Williams Advises Jordi Labs on its Sale to RQM+
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Jordi Labs on its sale to RQM+, a portfolio company of Linden Capital Partners (Linden). Jordi Labs provides a full suite of regulatory, investigative and other related analytical chemistry testing services primarily to medical device manufactu
Aug 31, 2022 04:11 pm ET
Harris Williams Advises Water Lilies Food, LLC on its Sale to Blue Point Capital
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Water Lilies Food, LLC (Water Lilies), a portfolio company of AUA Private Equity Partners, LLC (AUA Private Equity), on its sale to Blue Point Capital (Blue Point). Water Lilies is a manufacturer of frozen Asian appetizers that are primarily so
Aug 30, 2022 10:32 am ET
Harris Williams Advises Monte Nido & Affiliates on its Sale to Revelstoke Capital Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Monte Nido & Affiliates (Monte Nido), a portfolio company of Levine Leichtman Capital Partners, LLC (LLCP), on its sale to Revelstoke Capital Partners (Revelstoke). Monte Nido is one of the largest and leading eating disorder platforms in the c
Aug 30, 2022 08:26 am ET
PNC EXECUTIVE TO SPEAK AT BARCLAYS GLOBAL FINANCIAL SERVICES CONFERENCE
PITTSBURGH, Aug. 30, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Executive Vice President and Chief Financial Officer Robert Q. Reilly will discuss business performance, strategy and banking in a moderated discussion format at 9:45 a.m. (ET) Tuesday, Sept. 13, at the Barclays Global Financial Services Conference in New York City.
Aug 16, 2022 11:05 am ET
PNC BANK SIGNIFICANTLY EXPANDS SURCHAGE-FREE ATM ACCESS THROUGH NCR'S ALLPOINT NETWORK
Partnership adds access to more than 41,000 ATMs for PNC customers
Aug 11, 2022 10:55 am ET
PNC BANK ELIMINATES NON-SUFFICIENT FUND FEES FOR CONSUMER BANKING CUSTOMERS
Changes are company's latest step in helping customers navigate low-cash moments
Aug 05, 2022 12:56 pm ET
Harris Williams Advises KCF Technologies on its Minority Growth Equity Investment Led by Graham Partners Growth
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised KCF Technologies (KCF), a provider of machine health optimization, on its minority growth equity investment led by Graham Partners Growth, the growth equity strategy of Graham Partners. The transaction was led by
Aug 02, 2022 11:24 am ET
Harris Williams Advises Crash Champions on its Growth Investment from Clearlake Capital Group, L.P. and its Merger with Service King Collision
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Crash Champions, a portfolio company of A&M Capital Opportunities (AMCO), on its growth investment from Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and simultaneous merger with Service King Collision (Service King)
Jul 29, 2022 11:08 am ET
Harris Williams Advises The CM Group on its Pending Sale to OPEN Health
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising The CM Group, a portfolio company of NaviMed Capital (NaviMed), on its pending sale to OPEN Health, a portfolio company of Astorg. The CM Group is a leading medical communications platform offering a set of integrated solutions to the U.S.
Jul 27, 2022 05:32 pm ET
PNC BANK, N.A. CHANGES PRIME RATE
PITTSBURGH, July 27, 2022 /PRNewswire/ -- PNC Bank, N.A. announced an increase in its prime lending rate. The new rate of 5.50% is effective tomorrow, July 28, 2022.
Jul 27, 2022 08:05 am ET
PNC BANK LAUNCHES COMMUNITY ADVISORY COUNCIL WITH 17 NEW MEMBERS APPOINTED
Community Leaders Selected to Help Steer Bank's $88 Billion Community Benefits Plan
Jul 20, 2022 01:01 pm ET
Harris Williams Advises 360training on its Significant Investment from GreyLion Partners LP and Vestar Capital Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised 360training on its significant investment from GreyLion Partners LP (GreyLion) and Vestar Capital Partners (Vestar). The investment from Vestar and GreyLion will provide 360training with additional significant capital backing to accelerate its
Jul 15, 2022 06:33 am ET
PNC REPORTS SECOND QUARTER 2022 NET INCOME OF $1.5 BILLION, $3.39 DILUTED EPS OR $3.42 AS ADJUSTED
5% loan growth; 22 basis point NIM expansion; 7% positive operating leverage
Jul 14, 2022 11:25 am ET
Harris Williams Advises Voff Premium Pet Food on its Pending Sale to Axcel
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Voff Premium Pet Food (Voff), a portfolio company of Systematic Growth, on its pending sale to Axcel. Voff is a leading European platform in the premium natural pet food segment, comprising nine strong brands across eight business units. Th
Jul 13, 2022 01:28 pm ET
Harris Williams Advises Prima Solutions on the Sale of Prima XL to Duck Creek Technologies
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Prima Solutions on the sale of Prima XL, France-based Prima Solutions’ flagship commercial reinsurance technology solution, to Duck Creek Technologies (NASDAQ: DCT; Duck Creek), the intelligent solutions provider defining the future of property
Jun 27, 2022 04:43 pm ET
PNC ANNOUNCES STRESS CAPITAL BUFFER (SCB)
PITTSBURGH, June 27, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) last week received the results of the Federal Reserve's 2022 Comprehensive Capital Analysis and Review (CCAR).  The Federal Reserve's CCAR disclosure included its estimate of PNC's minimum capital ratios for the period from the first quarter of 2022 through the first quarter of 2024 under the hypothetical Supervisory Severely Adverse scenario.  Based on PNC's strong results, PNC's Stress Capital Buffer (SCB) for the four-quarter period beginning Oct. 1, 2022 is 2.9%.  PNC's Common Equity Tier 1 (CET1
Jun 24, 2022 11:08 am ET
Harris Williams Advises Keensight Capital on its Investment in Lisam Systems
Harris Williams, a global investment bank specializing in M&A advisory services, announces Keensight Capital’s (Keensight) investment in Lisam Systems (Lisam). Lisam serves more than 2,000 clients operating across various industries worldwide, including chemicals, detergents, paints and coatings, industrial and specialty gases, and fragrances.
Jun 23, 2022 06:33 pm ET
PNC RELEASES RESULTS OF DODD-FRANK COMPANY-RUN STRESS TEST
PITTSBURGH, June 23, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today the results of its biennial 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 banking organizations have sufficient capital to absorb losses and support operations during hypothetical severely adverse economi
Jun 23, 2022 05:28 pm ET
Harris Williams Advises Technical Safety Services on its Sale to Levine Leichtman Capital Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Technical Safety Services (TSS), a portfolio company of The Edgewater Funds (Edgewater) and JZ Partners (JZ), on its sale to Levine Leichtman Capital Partners (LLCP). TSS is a leading provider of testing, inspection, certification, and calibrat
Jun 22, 2022 11:01 am ET
Harris Williams Advises Bamboo Rose on its Strategic Investment from Rubicon Technology Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Bamboo Rose, a portfolio company of McCarthy Capital (McCarthy), on its strategic investment from Rubicon Technology Partners (Rubicon). Bamboo Rose is a leading unified product lifecycle and supply chain software platform for retailers, brands
Jun 17, 2022 08:03 am ET
PNC ANNOUNCES REDEMPTION OF 2.450 PERCENT SENIOR BANK NOTES DUE JULY 28, 2022
PITTSBURGH, June 17, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on June 28, 2022, of all of the outstanding Senior Notes due July 28, 2022, issued by PNC Bank, National Association in the amount of $750,000,000 (CUSIP 69353RFE3). The securities have a distribution rate of 2.450% and an original scheduled maturity date of July 28, 2022. 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 June 28, 2022. 
Jun 15, 2022 05:23 pm ET
PNC BANK, N.A. CHANGES PRIME RATE
PITTSBURGH, June 15, 2022 /PRNewswire/ -- PNC Bank, N.A. announced an increase in its prime lending rate. The new rate of 4.75% is effective tomorrow, June 16, 2022.
Jun 14, 2022 09:32 am ET
Harris Williams Advises Cold Jet on Its Minority Investment From Seidler Equity Partners and Stonehenge Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Cold Jet, a global leader in innovative dry ice technologies, on its minority investment from Seidler Equity Partners (Seidler) and Stonehenge Partners (Stonehenge). The transaction was led by
Jun 14, 2022 08:00 am ET
Cold Jet, Seidler Equity Partners and Stonehenge Partners Transact Minority Investment Partnership in Collaboration with Harris Williams M&A Advisory Services
LOVELAND, Ohio, June 14, 2022 /PRNewswire/ -- Cold Jet, the global leader in innovative dry ice technologies that put recycled CO2 to work for a cleaner, healthier planet announces it has entered into an investment partnership with Seidler Equity Partners and Stonehenge Partners in collaboration with Harris Williams.
Jun 10, 2022 10:58 am ET
Harris Williams Advises Coastal Forest Resources Company on the Pending Sale of its Subsidiary, Coastal Plywood Company, to Boise Cascade Company
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Coastal Forest Resources Company (CFRC) on the pending sale of its subsidiary, Coastal Plywood Company (Coastal), to Boise Cascade Company (NYSE: BCC; Boise Cascade). Coastal is a leading provider of plywood, lumber and treated wood product
Jun 10, 2022 08:29 am ET
THE PNC FINANCIAL SERVICES GROUP ANNOUNCES SECOND QUARTER EARNINGS CONFERENCE CALL DETAILS
PITTSBURGH, June 10, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the second quarter at approximately 6:30 a.m. (ET), Friday, July 15, 2022, as previously announced. PNC Chairman, President 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 8 a.m. (ET).
Jun 09, 2022 11:03 am ET
AEG Presents, PNC Bank Ink Landmark Agreement to Rename Prominent Plazas at Fiddler’s Green Amphitheatre
PNC Bank has signed a landmark agreement with AEG Presents, one of the world’s largest live entertainment companies, to rename two central plazas at Fiddler’s Green Amphitheatre (Fiddler’s Green). Effective immediately, the financial institution will become the exclusive banking partner of the iconic amphitheater – operated by AEG P
Jun 02, 2022 05:27 pm ET
Harris Williams Advises Crete Mechanical Group on its Partnership with Ridgemont Equity Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Crete Mechanical Group (CMG), a leading provider of HVAC, electrical, plumbing, and building automation services to commercial, industrial, multi-family, government, healthcare, education, and other end markets, on its partnership with Ridgemon
Jun 02, 2022 12:13 pm ET
Harris Williams Advises Dermatologists of Central States on its Partnership with SkyKnight Capital
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Dermatologists of Central States (DOCS), a portfolio company of Sheridan Capital Partners (Sheridan), on its partnership with SkyKnight Capital (SkyKnight). DOCS is a leading dermatology group practice with clinics located across Ohio, Michigan
May 31, 2022 08:33 am ET
PNC EXECUTIVE TO SPEAK AT MORGAN STANLEY INVESTOR CONFERENCE
PITTSBURGH, May 31, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Executive Vice President and Chief Financial Officer Robert Q. Reilly will discuss business performance, strategy and banking at 11 a.m. (ET) Tuesday, June 14, at the Morgan Stanley US Financials Conference in New York City.
May 31, 2022 06:00 am ET
Harris Williams Advises Terra Millennium Corporation on its Pending Sale to H.I.G. Capital
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Terra Millennium Corporation (Terra Millennium), a portfolio company of Court Square Capital Partners (Court Square), on its pending sale to H.I.G. Capital (H.I.G.). Terra Millennium is a leading national provider of outsourced industrial m
May 26, 2022 12:32 pm ET
May 24, 2022 10:05 am ET
WHITAKER CENTER OPENS NEW PNC INNOVATION ZONE FEATURING FIRST-OF-ITS KIND "PURPOSEFUL GAMING STUDIO"
PNC INNOVATION ZONE AT WHITAKER CENTER INCLUDES 40-FOOT DIGITAL CINEMA, ESPORTS SPACE AND STEAM EDUCATION
May 19, 2022 12:50 pm ET
Harris Williams Advises Fairway Lawns on its Sale to Morgan Stanley Capital Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Fairway Lawns, a portfolio company of Prairie Capital (Prairie) and Rising Point Capital (RPC), on its sale to an investment fund managed by Morgan Stanley Capital Partners (MSCP). Fairway Lawns is a market leading provider of residential lawnc
May 19, 2022 08:15 am ET
PNC EXECUTIVES TO SPEAK AT BERNSTEIN CONFERENCE
PITTSBURGH, May 19, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q. Reilly will discuss business performance, strategy and banking at 10 a.m. (ET) Thursday, June 2, at the Bernstein Strategic Decisions Conference in New York City.
May 17, 2022 12:57 pm ET
Harris Williams Advises BELLAMI Hair on its Sale to Beauty Industry Group
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised BELLAMI Hair (BELLAMI), a premium brand driving innovation in the hair extensions and hair care categories, on its sale to Beauty Industry Group (BIG), a portfolio company of L Catterton. The transaction was led by
May 11, 2022 08:25 am ET
THE PNC FINANCIAL SERVICES GROUP PROVIDES QUARTERLY 2023 EARNINGS RELEASE DATES
PITTSBURGH, May 11, 2022 /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 11 a.m. (ET) on the following dates:
May 10, 2022 08:12 am ET
PNC APPOINTS RENU KHATOR TO BOARD OF DIRECTORS
PITTSBURGH, May 10, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) appointed Renu Khator, Ph.D., chancellor of the University of Houston System and president of University of Houston, to its board of directors, effective today. She has also been appointed to the board's nominating and governance and audit committees.
May 09, 2022 04:13 pm ET
Harris Williams Advises STAXS® on its Pending Sale to Franz Haniel & Cie. GmbH
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising STAXS Contamination Control Experts (STAXS®), a portfolio company of Silverfleet Capital, on its pending sale to Franz Haniel & Cie. GmbH (Haniel). STAXS® is the leading value-add distributor of cleanroom consumables t
May 04, 2022 05:47 pm ET
PNC BANK, N.A. CHANGES PRIME RATE
PITTSBURGH, May 4, 2022 /PRNewswire/ -- PNC Bank, N.A. announced an increase in its prime lending rate. The new rate of 4.00% is effective tomorrow, May 5, 2022.
May 03, 2022 11:47 am ET
Harris Williams Advises Imperial Dade on its Pending Investment from Advent International
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Imperial Dade, a portfolio company of Bain Capital Private Equity, on its pending investment from Advent International (Advent) and funds managed by Bain Capital. Imperial Dade is the leading distributor of foodservice packaging, facilities
May 02, 2022 10:53 am ET
Harris Williams Advises Excel Fitness Holdings on its Sale to Olympus Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Excel Fitness Holdings (Excel Fitness), a portfolio company of Altamont Capital Partners (Altamont), on its sale to Olympus Partners (Olympus). Excel Fitness is one of the country’s largest Planet Fitness franchisees. The transaction was led by
May 02, 2022 07:30 am ET
New Tokenization Capability Helps Increase Security of Bank Account Information for Customers
Secure Token Exchange for deposit (or checking) accounts better protects customers and financial institutions on the RTP® network and EPN from The Clearing House.
Apr 29, 2022 08:38 am ET
PNC ANNOUNCES REDEMPTION OF SENIOR BANK NOTES DUE JUNE 29, 2022
PITTSBURGH, April 29, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on May 31, 2022 of all of the outstanding Senior Notes due June 29, 2022 issued by PNC Bank, National Association (as successor-in-interest to BBVA USA, formerly known as Compass Bank) in the amount of $750,000,000 (CUSIP 20453KAB1). The securities have a distribution rate of 2.875% and an original scheduled maturity date of June 29, 2022. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redem
Apr 14, 2022 06:50 am ET
PNC REPORTS FIRST QUARTER 2022 NET INCOME OF $1.4 BILLION, $3.23 DILUTED EPS OR $3.29 AS ADJUSTED
Grew loans; controlled expenses; maintained strong credit quality
Apr 12, 2022 10:02 am ET
Harris Williams Advises Southwire Company, LLC on its Acquisition of Novinium, Inc.
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Southwire Company, LLC (Southwire), one of North America’s largest wire and cable producers and an emerging influence in the industrial electrical space, on its acquisition of Novinium, Inc. (Novinium), a cable rejuvenation solutions provider f
Apr 08, 2022 10:07 am ET
Harris Williams Advises Forest Holidays on its Pending Sale to Sykes Holiday Cottages
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Forest Holidays, a leading owner and operator of environmentally sensitive cabins in the U.K., on its pending sale to Sykes Holiday Cottages (Sykes), a portfolio company of Vitruvian Partners (Vitruvian). Forest Holidays is owned by an inst
Apr 06, 2022 07:50 am ET
PNC BANK INTRODUCES MINORITY BUSINESS DEVELOPMENT GROUP
Bank's Diverse Business Banking Segment to accelerate support of minority-owned businesses
Apr 04, 2022 12:10 pm ET
Harris Williams Advises Kane Logistics on its Sale to ID Logistics
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Kane Logistics (Kane), a portfolio company of Harkness Capital Partners (Harkness), on its sale to ID Logistics. Kane is a value-added warehouse and distribution services provider whose solutions include contract packaging and assembly, fulfill
Apr 04, 2022 06:44 am ET
Harris Williams Advises Maillis Plastics Solutions on its Sale to Teufelberger and Sigma Plastics Group
Harris Williams, a global investment bank specializing in M&A advisory services, announces the sale of Maillis Plastics Solutions (MPS), an independent subsidiary of Maillis Group owned by H.I.G. Capital (H.I.G.), to Teufelberger and Sigma Plastics Group (Sigma). MPS is a leading European stretch film and strapping manufacturer with a compellin
Apr 01, 2022 11:04 am ET
PNC RAISES COMMON STOCK DIVIDEND TO $1.50 PER SHARE
PITTSBURGH, April 1, 2022 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.50 per share, an increase of 25 cents per share, or 20%, from the fourth quarter dividend of $1.25 per share. The dividend will be payable May 5, 2022 to shareholders of record at the close of business April 13, 2022.
Mar 22, 2022 07:05 am ET
SOCIAL RESPONSIBILITY INITIATIVES TAKING HOLD IN FOR-PROFIT AND NONPROFIT ORGANIZATIONS, PNC SURVEY SHOWS
– Social Responsibility is a priority for 92% of corporate and nonprofit executives and 94% say SR initiatives are here to stay.– Top initiatives include environmental sustainability; diversity, equity and inclusion; employee benefits; and ethical business practices.– Most executives (91%) are optimistic that the growth in ESG investing can have a positive influence on corporate behavior.
Mar 21, 2022 01:53 pm ET
Harris Williams Advises Veson Nautical on its Pending Significant Growth Investment from Francisco Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Veson Nautical (Veson), a portfolio company of Pamlico Capital (Pamlico), on its pending significant growth investment from Francisco Partners. Existing investors Pamlico and founder John Veson remain significant shareholders. Veson is a gl
Mar 17, 2022 01:39 pm ET
Harris Williams Advises Lifemark Health Group on its Pending Sale to Loblaw Companies Limited
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Lifemark Health Group (Lifemark), a portfolio company of Audax Private Equity, on its pending sale to Loblaw Companies Limited (TSX: L; Loblaw), on behalf of its wholly owned subsidiary Shoppers Drug Mart (Shoppers). Lifemark is the leading
Mar 16, 2022 05:57 pm ET
PNC BANK, N.A. CHANGES PRIME RATE
PITTSBURGH, March 16, 2022 /PRNewswire/ -- PNC Bank, N.A. announced an increase in its prime lending rate. The new rate of 3.50% is effective tomorrow, March 17, 2022.
Mar 14, 2022 11:27 am ET
Harris Williams Advises Stonewall Kitchen, LLC on its Sale to TA Associates
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Stonewall Kitchen, LLC (Stonewall Kitchen), a portfolio company of Audax Private Equity (Audax), on its sale to TA Associates (TA). Stonewall Kitchen is a leading family of specialty food, home goods and personal care lifestyle brands. The tran
Mar 11, 2022 10:49 am ET
Harris Williams Advises Smart Care Equipment Solutions on its Sale to Zone Climate Services
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Smart Care Equipment Solutions (Smart Care), a portfolio company of Audax Private Equity (Audax), on its sale to Zone Climate Services (Zone), a portfolio company of Wind Point Partners (Wind Point). Smart Care is a national service provider fo
Mar 10, 2022 07:06 am ET
THE PNC FINANCIAL SERVICES GROUP ANNOUNCES FIRST QUARTER 2022 EARNINGS CONFERENCE CALL AND VIRTUAL-ONLY ANNUAL SHAREHOLDERS MEETING DETAILS
PITTSBURGH, March 10, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the first quarter of 2022, Thursday, April 14, as previously announced, at approximately 6:45 a.m. (ET). PNC Chairman, President 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 11 a.m. (ET).
Mar 10, 2022 06:05 am ET
SQUEEZED BY INFLATION, SMALL BUSINESS OWNERS EXPECT TO RAISE PRICES; SUPPLY CHAIN DISRUPTIONS TO EASE, PNC SURVEY SHOWS
PITTSBURGH, March 10, 2022 /PRNewswire/ -- Supply chain issues top the list of concerns for small business owners over the last six months but they see those pressures easing by mid-year. In the meantime, inflation pressures are expected to continue to impact these business owners, with a majority planning to further raise their own prices in the near term, according to the latest PNC semi-annual Economic Outlook survey of small and mid-size business owners and executives, which concluded Feb. 3.
Mar 03, 2022 01:12 pm ET
Harris Williams Advises Morgan Stanley Capital Partners on its Acquisition of SpendMend
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised investment funds managed by Morgan Stanley Capital Partners (MSCP) on its acquisition of SpendMend, a leading provider of tech-enabled solutions to optimize the cost cycle for the healthcare industry. The transaction was led by
Mar 02, 2022 01:19 pm ET
Harris Williams Advises West Star Aviation on its Sale to The Sterling Group
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised West Star Aviation (West Star), a portfolio company of Norwest Equity Partners (NEP), on its sale to The Sterling Group (Sterling). West Star is a leading independent provider of maintenance, repairs and operations (MRO) services to the busines
Feb 23, 2022 08:00 am ET
PNC TREASURY MANAGEMENT LAUNCHES INNOVATIVE ON-DEMAND PAY SOLUTION POWERED BY DAILYPAY
PITTSBURGH, Feb. 23, 2022 /PRNewswire/ -- PNC Treasury Management today announced a groundbreaking new on-demand pay solution, PNC EarnedIt. Powered by DailyPay Marketplace, PNC EarnedIt offers pay on-demand – a highly sought-after employee-benefit – to its clients allowing them to provide their employees access to earned pay – throughout any point in the pay cycle – prior to payday.
Feb 22, 2022 07:40 am ET
PNC EXECUTIVE TO SPEAK AT RBC CAPITAL MARKETS VIRTUAL INVESTOR CONFERENCE
PITTSBURGH, Feb. 22, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Emma Loftus, executive vice president and head of Treasury Management, will discuss business performance, product capabilities and strategy at 1:20 p.m. (ET) Tuesday, March 8, at the virtual RBC Capital Markets Global Financial Institutions Conference.
Feb 17, 2022 09:05 am ET
Cardlytics Strengthens Bank Partnerships With PNC Purchase Payback Program
Cardlytics (NASDAQ: CDLX), one of the largest digital advertising platforms, announced today the extension of the PNC Purchase Payback, a loyalty program for PNC Bank, N.A., that provides customers rewards on every day purchases. The program...
Feb 11, 2022 11:12 am ET
Harris Williams Advises Forefront Dermatology on its Pending Sale to Partners Group
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is exclusively advising Forefront Dermatology (Forefront), a portfolio company of OMERS Private Equity, on its pending sale to Partners Group, a leading global private markets firm acting on behalf of its clients. Forefront is the largest dermatology g
Feb 11, 2022 09:49 am ET
Harris Williams Advises Alcumus Group Limited on its Pending Sale to Apax Partners LLP
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Alcumus Group Limited (Alcumus), a portfolio company of Inflexion Private Equity Partners LLP (Inflexion), on its pending sale to Apax Partners LLP (Apax). Alcumus provides environmental, social, and corporate governance (ESG) software and
Feb 11, 2022 07:18 am ET
PNC ANNOUNCES REDEMPTION OF SENIOR BANK NOTES DUE FEBRUARY 24, 2023
PITTSBURGH, Feb. 11, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Feb. 24, 2022 of the following Senior Notes issued by PNC Bank, National Association:
Feb 09, 2022 08:50 am ET
Harris Williams Advises Pilot Freight Services on its Pending Sale to A.P. Moller – Maersk
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Pilot Freight Services (Pilot), a portfolio company of ATL Partners (ATL) and British Columbia Investment Management Corporation (BCI), on its pending sale to A.P. Moller – Maersk (Maersk). Pilot is a leading U.S.-based last mile, middle mi
Feb 02, 2022 10:40 am ET
Harris Williams Advises Medical Knowledge Group, LLC on its Sale to Novo Holdings A/S
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Medical Knowledge Group, LLC (MKG), a portfolio company of Court Square Capital Partners (Court Square) and Aisling Capital (Aisling), on its sale to Novo Holdings A/S (Novo Holdings). MKG is an analytics-driven commercialization platform deliv
Jan 31, 2022 03:43 pm ET
Harris Williams Advises Ntiva on its Sale to PSP Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Ntiva, a portfolio company of Southfield Capital, on its sale to PSP Partners (PSP). Ntiva is a leading provider of managed IT services, strategic consulting, cybersecurity services, cloud services and telecom solutions. The transaction was
Jan 31, 2022 12:03 pm ET
Harris Williams Advises Alliance Animal Health on its Significant Growth Investment from L Catterton
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Alliance Animal Health on its significant growth investment from the Flagship Fund of L Catterton. Alliance Animal Health is a leading acquirer and operator of veterinary hospitals for companion animals. LightBay Capital (LightBay) will
Jan 27, 2022 05:08 pm ET
Harris Williams Advises AST LLC on Its Sale to Recognize Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised AST LLC (AST), a portfolio company of Tailwind Capital (Tailwind), on its sale to Recognize Partners (Recognize). AST is an award-winning full-service cloud services solution provider, serving clients in the public and commercial sectors for mo
Jan 27, 2022 11:56 am ET
Harris Williams Advises Intermediate Capital Group PLC on its Investment in Travel Chapter Ltd
Harris Williams, a global investment bank specializing in M&A advisory services, announces Intermediate Capital Group PLC’s (LSE: ICP; ICG) investment in Travel Chapter Ltd (Travel Chapter), alongside the management team. Travel Chapter is a portfolio company of ECI Partners (ECI) and a leading platform for high-quality self-catering holiday re
Jan 27, 2022 08:10 am ET
PNC EARNS TOP SCORE IN HUMAN RIGHTS CAMPAIGN FOUNDATION'S 2022 CORPORATE EQUALITY INDEX
PITTSBURGH, Jan. 27, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc., (NYSE: PNC), announced that it earned a score of 100% on the Human Rights Campaign Foundation's 2022 Corporate Equality Index (CEI), the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.
Jan 20, 2022 09:58 am ET
EPA RECOGNIZES PNC BANK FOR LEADING GREEN POWER USE
PITTSBURGH, Jan. 20, 2022 /PRNewswire/ -- PNC Bank, National Association, is pleased to announce its membership to the U.S. Environmental Protection Agency's Green Power Partnership.
Jan 18, 2022 05:48 am ET
PNC REPORTS FULL YEAR 2021 NET INCOME OF $5.7 BILLION, $12.70 DILUTED EPS OR $14.18 AS ADJUSTED
PITTSBURGH, Jan. 18, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported:
Jan 13, 2022 01:29 pm ET
Harris Williams Advises Mercer Foods on its Sale to Entrepreneurial Equity Partners and Mubadala Capital
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Mercer Foods (Mercer), a portfolio company of Graham Partners (Graham), on its sale to Entrepreneurial Equity Partners (e2p) and Mubadala Capital. Mercer is a leading provider of freeze-dried fruit and vegetable ingredients. The transaction was
Jan 12, 2022 09:52 am ET
Harris Williams Advises Crossroads Treatment Centers, a Portfolio Company of Revelstoke Capital Partners, on its Recapitalization With Revelstoke Capital Partners and Caisse de dépôt et placement du Q
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Crossroads Treatment Centers (Crossroads), a portfolio company of Revelstoke Capital Partners (Revelstoke), on its recapitalization with Revelstoke and Caisse de dépôt et placement du Québec (CDPQ). Crossroads is a national leader in the treatm
Jan 07, 2022 01:50 pm ET
Harris Williams Advises the Armstrong Group on its Acquisition of the Ziegenfelder Company
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised the Armstrong Group on its acquisition of the Ziegenfelder Company (Ziegenfelder), a private, family-owned frozen novelty manufacturer that focuses on producing the highest quality frozen ice treats. The transaction was led by the Harris Willia
Jan 07, 2022 11:02 am ET
Harris Williams Advises basys on its Sale to Five Arrows Capital Partners and BPOC
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised basys, a portfolio company of WindRose Health Investors, LLC (WindRose), on its sale to Five Arrows Capital Partners (FACP) and BPOC. basys is a leading provider of benefits administration software to multiemployer plan fund offices and third p
Jan 06, 2022 07:57 am ET
PNC ANNOUNCES REDEMPTION OF SENIOR BANK NOTES DUE FEBRUARY 17, 2022 AND SENIOR NOTES DUE MARCH 8, 2022
PITTSBURGH, Jan. 6, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption of the following Senior Bank Notes and Senior Notes:
Jan 05, 2022 12:13 pm ET
Harris Williams Advises CenterPointe Behavioral Health System, LLC on its Sale to Acadia Healthcare Company
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised CenterPointe Behavioral Health System, LLC (CenterPointe), a portfolio company of NaviMed Capital (NaviMed), Health Enterprise Partners (HEP) and Siguler Guff & Company, LP (Siguler Guff), on its sale to Acadia Healthcare Company (NASDAQ: ACHC;
Jan 05, 2022 10:47 am ET
PNC DECLARES DIVIDEND OF $1.25 ON COMMON STOCK
PITTSBURGH, Jan. 5, 2022 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.25 per share. The dividend, with a payment date of Feb. 5, 2022, will be payable the next business day to shareholders of record at the close of business Jan. 18, 2022.
Jan 05, 2022 10:42 am ET
PNC APPOINTS ROBERT A. NIBLOCK TO BOARD OF DIRECTORS
PITTSBURGH, Jan. 5, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) appointed Robert A. Niblock to its board of directors, effective today. Niblock retired as the chairman, president and chief executive officer of Lowe's Companies, Inc., in 2018.
Jan 05, 2022 09:55 am ET
Harris Williams Advises America’s Auto Auction and Auction Credit Enterprises on Their Sale to XLerate Group
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised America’s Auto Auction (AAA) and Auction Credit Enterprises (ACE), portfolio companies of Trinity Hunt Partners (Trinity Hunt), on their sale to XLerate Group (XLerate), a portfolio company of Brightstar Capital Partners (Brightstar). AAA is a
Jan 04, 2022 12:56 pm ET
Harris Williams Advises Magnate Worldwide on its Sale to Littlejohn & Co. LLC
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Magnate Worldwide (MWW), a portfolio company of CIVC Partners, L.P. (CIVC), on its sale to Littlejohn & Co. LLC (Littlejohn). MWW is a diversified supply chain management company offering highly specialized international and domestic third part
Jan 04, 2022 09:37 am ET
Harris Williams Advises Valley Proteins, Inc. on Its Pending Sale to Darling Ingredients Inc.
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Valley Proteins, Inc. (Valley Proteins) on its pending sale to Darling Ingredients Inc. (NYSE: DAR; Darling). Valley Proteins is a leader in recovering, rendering, and recycling animal by-products and waste cooking oil from the food industr
Dec 27, 2021 02:19 pm ET
Harris Williams Advises TTG Imaging Solutions, LLC on its Sale to Sentinel Capital Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised TTG Imaging Solutions, LLC (TTG), a portfolio company of Chartwell Investments Entrepreneur & Founder Capital (Chief Capital), on its sale to Sentinel Capital Partners (Sentinel). TTG is a leading national provider of end-to-end nuclear medicin
Dec 23, 2021 03:54 pm ET
Harris Williams Advises WhiteWater Express Carwash On Its Recapitalization By Freeman Spogli & Co.  
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised WhiteWater Express Carwash (WhiteWater), a portfolio company of SkyKnight Capital L.P. (SkyKnight), on its recapitalization led by Freeman Spogli & Co. (Freeman Spogli). WhiteWater is an express car wash platform with over 60 locations headquar
Dec 16, 2021 05:38 pm ET
Harris Williams Advises RegO on Its Pending Sale to Dover Corporation
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising RegO, a portfolio company of Windjammer Capital Investors (Windjammer), on its pending sale to Dover Corporation (Dover). RegO is a leading provider of highly-engineered flow control solutions for cryogenic and liquified gas end markets. Th
Dec 16, 2021 10:30 am ET
Harris Williams Advises Convergint Technologies on its Investment from Leonard Green & Partners, L.P. and Harvest Partners, LP
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Convergint Technologies (Convergint), a portfolio company of the Private Equity Group of Ares Management Corporation (NYSE: ARES; Ares), on its investment from Leonard Green & Partners, L.P. (LGP) and funds managed by Harvest Partners, LP (Harv
Dec 14, 2021 10:03 am ET
Harris Williams Advises Transflo on its Strategic Investment from Bregal Sagemount
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Transflo, a portfolio company of True Wind Capital (True Wind) and Carousel Capital (Carousel), on its strategic investment from Bregal Sagemount (Sagemount). Transflo is a leading provider of mobile business intelligence and payments facilitat
Dec 10, 2021 09:58 am ET
Harris Williams Advises Resurgens Orthopaedics on its Partnership with Welsh, Carson, Anderson & Stowe
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Resurgens Orthopaedics (Resurgens), one of the largest orthopaedic practices in the nation, on its partnership with Welsh, Carson, Anderson & Stowe (WCAS). The transaction was led by
Dec 09, 2021 02:11 pm ET
Harris Williams Advises DDW The Color House on Its Sale to Givaudan
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised DDW The Color House (DDW), a global privately held company specializing in natural color solutions for the food and beverage industry, on its sale to Givaudan, a global leader in fragrances and flavors. The transaction was led by
Dec 09, 2021 07:18 am ET
The PNC Financial Services Group Announces Fourth Quarter And Full Year Earnings Conference Call Details
PITTSBURGH, Dec. 9, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the fourth quarter and full year 2021, at approximately 6:45 a.m. (ET), Tuesday, Jan. 18, 2022, as previously announced. PNC Chairman, President 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 9:30 a.m. (ET).
Dec 07, 2021 04:59 pm ET
Recording Of The PNC Goldman Sachs Conference Presentation To Be Available, Following Technical Difficulties With The Conference Webcast Provider
PITTSBURGH, Dec. 7, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) will make a recording available of its presentation at the Goldman Sachs US Financial Services Conference after technical difficulties were experienced by the conference's webcast provider, which made the live presentation inaccessible.
Dec 03, 2021 04:59 pm ET
Harris Williams Advises American Track on Its Recapitalization With DFW Capital Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised American Track, a portfolio company of Hilltop Private Capital (Hilltop) and PNC Mezzanine Capital (PNC MC), on its recapitalization with DFW Capital Partners (DFW). American Track is a leading provider of inspection, maintenance, repair and sp
Dec 03, 2021 02:49 pm ET
Harris Williams Advises Stokke on its Pending Acquisition of BABYZEN
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Stokke on its pending acquisition of BABYZEN, the leading French designer and manufacturer of premium baby strollers and accessories sold under the internationally-recognized YOYO brand. The transaction is being led by
Dec 03, 2021 12:07 pm ET
Harris Williams Advises ISS A/S on its Sale of a Portfolio of U.S.-Based, Single-Service Janitorial and Specialized Services Contracts to Argenbright Holdings
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised ISS A/S (CPSE:ISS; ISS) on its sale of a U.S.-based portfolio of single-service janitorial and specialized services contracts to Argenbright Holdings. All other ISS businesses in the U.S., including integrated facilities services (IFS), cleanin
Dec 02, 2021 03:23 pm ET
Harris Williams Advises American Paper & Twine on Its Sale to Imperial Dade
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised American Paper & Twine on its sale to Imperial Dade, a portfolio company of Bain Capital. American Paper & Twine is a leading distributor of janitorial, packaging, disposable food service, safety and office products. The transaction was led by
Dec 02, 2021 12:24 pm ET
Harris Williams Advises Pink Lily on its Investment from Cortec Group
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Pink Lily on its investment from an affiliate of Cortec Group (Cortec). Founded in 2014, Pink Lily is one of the fastest growing online women’s lifestyle brands in the country. The transaction was led by
Dec 02, 2021 11:13 am ET
Harris Williams Advises TPC Training on its Sale to American Safety Council
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised TPC Training (TPC), a portfolio company of Frontenac Company (Frontenac), on its sale to American Safety Council (ASC), a portfolio company of Ridgemont Equity Partners (Ridgemont). TPC is a provider of workforce training; performance managemen
Nov 24, 2021 07:31 am ET
PNC Announces Redemption of Senior Notes Due December 9, 2022
PITTSBURGH, Nov. 24, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Dec. 9, 2021, of the following Senior Notes issued by PNC Bank, National Association:
Nov 23, 2021 06:54 am ET
PNC Executives to Speak at Goldman Sachs Conference
PITTSBURGH, Nov. 23, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q. Reilly will discuss business performance, strategy and banking at 1:00 p.m. (ET) Tuesday, Dec. 7, at the Goldman Sachs US Financial Services Conference in New York City.
Nov 18, 2021 01:53 pm ET
Harris Williams Advises Eurazeo on its Pending Acquisition of Scaled Agile
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Eurazeo (EPA: RF) on its pending acquisition of Scaled Agile, Inc. (Scaled Agile), a portfolio company of Leeds Equity Partners (Leeds Equity) and Rubicon Technology Partners (Rubicon). Scaled Agile is a leading global provider of the frame
Nov 18, 2021 06:05 am ET
Check Your List Twice: Annual PNC Christmas Price Index Reflects Mostly Re-Opened Economy By Comparing To 2019
PITTSBURGH, Nov. 18, 2021 /PRNewswire/ -- Following a bah-humbug year for the country's economy in 2020, PNC's 38th annual Christmas Price Index (PNC CPI) sees a return of performers in the annual calculation and reflects an increase of 5.7% from 2019 to purchase gifts from the classic holiday song, "The 12 Days of Christmas."
Nov 16, 2021 01:21 pm ET
Harris Williams Advises Profile Products on its Sale to New Mountain Capital, LLC
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Profile Products (Profile), a portfolio company of Incline Equity Partners (Incline), on its sale to New Mountain Capital, LLC (New Mountain). Profile is a leading developer and manufacturer of highly engineered specialty agriscience materials that
Nov 15, 2021 11:45 am ET
Harris Williams Advises Owen Equipment Company on its Sale to Wynnchurch Capital, Ltd.
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Owen Equipment Company (Owen), a portfolio company of CenterGate Capital (CenterGate), on its sale to Wynnchurch Capital, Ltd. (Wynnchurch). Owen is a leading specialty equipment platform providing critical infrastructure solutions to municipal
Nov 11, 2021 09:17 am ET
Harris Williams Advises IMIA Group Holdings on its Sale to The Carlyle Group and Stellex Capital Management
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised IMIA Group Holdings (IMIA), a portfolio company of J.F. Lehman & Company (JFLCO), on its sale to The Carlyle Group (NASDAQ: CG; Carlyle) and Stellex Capital Management (Stellex). IMIA is a leading provider of multi-disciplined marine services f
Nov 10, 2021 10:17 am ET
Harris Williams Advises Blacksmith Applications on its Sale to TELUS Corporation
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Blacksmith Applications, a portfolio company of Strattam Capital, on its sale to TELUS Corporation (TSX: T; NYSE: TU; TELUS). Blacksmith Applications is a leading provider of SaaS-based revenue management software for consumer goods manufacture
Nov 09, 2021 12:03 pm ET
Harris Williams Advises BFG Supply on its Sale to Pamplona Capital Management
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised BFG Supply (BFG), a portfolio company of Incline Equity Partners (Incline), on its sale to Pamplona Capital Management (Pamplona). BFG is a leading technology-enabled distributor to the green industry. The transaction was led by
Nov 09, 2021 08:30 am ET
PNC Treasury Management Launches Artificial Intelligence, Machine Learning-Enabled Cash Forecasting Application
PITTSBURGH, Nov. 9, 2021 /PRNewswire/ -- PNC Treasury Management today announced a new cash management application called, PINACLE® Cash Forecasting, which leverages artificial intelligence (AI) and machine learning (ML) technology to offer companies a glimpse into their financial future. The new application automates a tedious, error-prone task and seeks to provide treasurers with more time to actually use the cash forecast versus simply building it.    
Oct 29, 2021 09:13 am ET
PNC Appoints Bryan Salesky To Board Of Directors
PITTSBURGH, Oct. 29, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc., (NYSE: PNC) appointed Bryan Salesky, CEO of Argo AI, LLC, to its board of directors, effective today. He has also been appointed to the board's Technology Subcommittee and its Special Committee on Equity & Inclusion.
Oct 29, 2021 08:11 am ET
PNC Announces Redemption Of 2.550 Percent Senior Bank Notes Due December 9, 2021
PITTSBURGH, Oct. 29, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Nov. 9, 2021 of all of the outstanding Senior Notes due Dec. 9, 2021 issued by PNC Bank, National Association in the amount of $750,000,000 (CUSIP 69353REY0). The securities have a distribution rate of 2.550% and an original scheduled maturity date of Dec. 9, 2021. 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 Nov. 9, 2021. 
Oct 28, 2021 11:19 am ET
Harris Williams Advises Cosmic Pet on its Sale to Platinum Equity
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Cosmic Pet, a portfolio company of Guardian Capital Partners (Guardian), on its sale to Platinum Equity. Cosmic Pet, a leading designer, marketer and distributor of pet products, including toys, beds, collars and leashes, treats, feeders and bo
Oct 22, 2021 08:05 am ET
PNC Executive To Speak At BancAnalysts Association Of Boston Conference
PITTSBURGH, Oct. 22, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Robert Q. Reilly, executive vice president and chief financial officer, will discuss business performance, strategy and banking at 10:30 a.m. (ET) Friday, Nov. 5, at the BancAnalysts Association of Boston Conference in Boston.
Oct 20, 2021 09:06 am ET
Harris Williams Advises BluSky Restoration Contractors, LLC on its Sale to Partners Group and Kohlberg & Company, LLC
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised BluSky Restoration Contractors, LLC (BluSky), a portfolio company of Dominus Capital, on its sale to Partners Group, a leading global private markets firm acting on behalf of its clients, and Kohlberg & Company, LLC (Kohlberg), a leading privat
Oct 19, 2021 08:57 am ET
Harris Williams Advises Agape Care Group on its Sale to Ridgemont Equity Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Agape Care Group (Agape Care), a portfolio company of The Vistria Group (Vistria), on its sale to Ridgemont Equity Partners (Ridgemont). Agape Care is a leader in hospice and palliative care in the Southeast. The transaction was led by
Oct 18, 2021 02:34 pm ET
Harris Williams Advises ESG Operations, Inc. on its Merger with Inframark LLC
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised ESG Operations, Inc. (ESG) on its merger with Inframark LLC (Inframark), a leading independent provider of outsourced infrastructure services focused on operation and maintenance (O&M) of water and wastewater systems. ESG provides full-service
Oct 15, 2021 06:44 am ET
PNC Reports Third Quarter 2021 Net Income Of $1.5 Billion, $3.30 Diluted EPS Or $3.75 As Adjusted
PITTSBURGH, Oct. 15, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported:
Oct 13, 2021 11:52 am ET
Harris Williams Advises Vantage Elevator Solutions on its Pending Majority Sale to Ontario Teachers’ Pension Plan Board
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is serving as lead financial advisor to Vantage Elevator Solutions (Vantage), a portfolio company of Golden Gate Capital, on its pending majority sale to Ontario Teachers’ Pension Plan Board (Ontario Teachers’). As part of the transaction, Vantage’s cu
Oct 12, 2021 09:22 am ET
PNC Achieves National Expansion With Conversion Of BBVA USA
PITTSBURGH, Oct. 12, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced it has completed the conversion of 2.6 million customers, 9,000 employees and nearly 600 branches across seven states from BBVA USA to PNC Bank.
Oct 11, 2021 02:41 pm ET
Harris Williams Advises DDW The Color House on its Pending Sale to Givaudan
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising DDW The Color House (DDW), a global privately held company specializing in natural color solutions for the food and beverage industry, on its pending sale to Givaudan, a global leader in fragrances and flavors. The transaction is being led
Oct 01, 2021 02:02 pm ET
PNC Declares Dividend Of $1.25 On Common Stock
PITTSBURGH, Oct. 1, 2021 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.25 per share. The dividend will be payable Nov. 5, 2021, to shareholders of record at the close of business Oct. 15, 2021.
Sep 30, 2021 08:35 am ET
PNC Launches Akoya Solution To Increase The Security Of Connections For Consumers To Safely Transact With Financial Apps
PITTSBURGH, Sept. 30, 2021 /PRNewswire/ -- PNC Bank and Akoya LLC today announced the bank's integration with the Akoya Data Access Network. More than nine million PNC customers are now enabled to securely share their financial data with fintechs and data aggregators with enhanced security through the application programming interface (API)-based network.
Sep 27, 2021 11:12 am ET
Harris Williams Advises Summit Interconnect, Inc. on its Sale to Affiliates of Lindsay Goldberg
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Summit Interconnect, Inc. (Summit), a portfolio company of HCI Equity Partners (HCI), on its sale to affiliates of Lindsay Goldberg. Summit is a leading provider of complex printed circuit boards focused on defense, space and high-performance c
Sep 27, 2021 08:45 am ET
Small Business Optimism Hits Record High, Gaining Momentum From Vaccines And Adapted Pandemic Operations, PNC Survey Shows
PITTSBURGH, Sept. 27, 2021 /PRNewswire/ -- Business owners are feeling optimistic about the near-term future of their businesses amid increasing vaccination rates, and those who report that more than three-quarters of their workforce has been vaccinated are the most positive about their business outlook. This includes expectations for higher demand, sales and profits than companies reporting a lower rate of employee vaccination, according to PNC's semi-annual national small business survey, which concluded Aug. 31.
Sep 14, 2021 10:53 am ET
Harris Williams Advises Hunt Valve Company on its Sale to Fairbanks Morse Defense
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Hunt Valve Company (Hunt Valve), a portfolio company of May River Capital, on its sale to Fairbanks Morse Defense (Fairbanks Morse), a portfolio company of Arcline Investment Management (Arcline). Hunt Valve designs and manufactures complex valves
Sep 14, 2021 08:05 am ET
PNC Bank Launches Project 257: Accelerating Women's Financial Equality
PITTSBURGH, Sept. 14, 2021 /PRNewswire/ -- PNC Bank announced today the launch of Project 257℠: Accelerating Women's Financial Equality, an initiative designed to help close the 257-year economic gender gap and expand on PNC's decades-long track record of supporting female financial decision makers. "Project 257" was derived from the World Economic Forum's 2020 Global Gender Gap Report that found at the current pace of progress, it will take another 257 years for women to catch up to men from an economic perspective.
Sep 08, 2021 08:30 am ET
PNC Announces Amanda Rosseter As Chief Communications Officer
PITTSBURGH, Sept. 8, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that Amanda Rosseter has joined the company as chief communications officer.
Sep 08, 2021 07:55 am ET
The PNC Financial Services Group Announces Third Quarter Earnings Conference Call Details
PITTSBURGH, Sept. 8, 2021 /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), Friday, Oct. 15, 2021, as previously announced. PNC Chairman, President 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 9 a.m. (ET).
Sep 02, 2021 10:55 am ET
Harris Williams Advises Deacom on its Sale to ECI Software Solutions
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Deacom, Inc. (Deacom) on its sale to ECI Software Solutions (ECI), a portfolio company of Leonard Green & Partners, L.P. (LGP) and funds advised by Apax Partners LLP (Apax). Deacom is a leading cloud-based enterprise resource planning (ERP) sof
Sep 01, 2021 03:57 pm ET
Harris Williams Advises Tecta America Corporation on its Minority Investment from Leonard Green & Partners
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Tecta America Corporation (Tecta America), a portfolio company of Altas Partners (Altas), on its minority investment from Leonard Green & Partners (LGP). Altas is retaining majority ownership in the company. Tecta America is a national leader i
Aug 31, 2021 09:15 am ET
Harris Williams Advises SavATree on its Pending Sale to the Apax Funds
Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising SavATree, a portfolio company of CI Capital Partners LLC (CI Capital), on its pending sale to funds advised by Apax (the Apax Funds). SavATree is a leading professional tree, shrub and lawn care provider. The transaction is being led by
Aug 31, 2021 08:15 am ET
PNC Executives To Speak At Barclays Global Financial Services Virtual Conference
PITTSBURGH, Aug. 31, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q. Reilly will discuss business performance, strategy and banking in a virtual moderated discussion format at 11:15 a.m. (ET) Tuesday, Sept. 14, at the Barclays Global Financial Services Conference.
Aug 30, 2021 11:18 am ET
Harris Williams Advises ResMan on its Sale to Inhabit IQ
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised ResMan, a portfolio company of Mainsail Partners (Mainsail), on its sale to Inhabit IQ. ResMan is a leading end-to-end, SaaS-based solutions provider to property management companies across the conventional multi-family, affordable housing and
Aug 30, 2021 09:21 am ET
Harris Williams Advises Riggs Distler & Company, Inc. on its Sale to Centuri Group, Inc.
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Riggs Distler & Company, Inc. (Riggs Distler), a portfolio company of funds managed by Oaktree Capital Management, L.P. (Oaktree), on its sale to Centuri Group, Inc. (Centuri), a wholly-owned subsidiary of Southwest Gas Holdings, Inc. (NYSE: SW
Aug 30, 2021 08:00 am ET
PNC Bank Announces Minimum Pay Rate Increase
PITTSBURGH, Aug. 30, 2021 /PRNewswire/ -- PNC Bank announced that it will bring its minimum pay rate from $15 to $18 per hour, beginning Nov. 22, 2021. This represents a 20% increase from the bank's current $15 minimum rate and is more than double the national minimum wage of $7.25.
Aug 18, 2021 10:51 am ET
Harris Williams Advises Myers Emergency Power Systems on its Sale to Kohlberg & Company, L.L.C.
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Myers Emergency Power Systems (Myers EPS), a portfolio company of Graham Partners, on its sale to Kohlberg & Company, L.L.C. (Kohlberg). Myers EPS is a leading provider of mission-critical, legally mandated emergency power and smart controls te
Aug 18, 2021 08:35 am ET
PNC Pledges $20 Billion In Environmental Finance
PITTSBURGH, Aug. 18, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today it is committing $20 billion over five years in support of environmental finance. This commitment is an extension of PNC's long-standing support for accelerating the transition to a low-carbon economy, and is complementary to the bank's recently announced Community Benefits Plan, which pledges $88 billion in loans, investments, and other financial support to bolster economic opportunity for low- and moderate-income (LMI) individuals and communities, people and communities of color, an

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