Greg Jordan, PNC's General Counsel and Chief Administrative Officer, is set to retire. Major shareholders including
Dai ichi Life Insurance have trimmed their stock holdings in
PNC. PNC is focusing on
open banking for growth and has announced a new collaboration with the
Canes. The company reported a Q2 2024 net income of $1.5 billion and EPS of $3.39. PNC is set to present at the
Barclays Global Conference. The company has boosted its common stock dividend to $1.60 per share. PNC, in collaboration with TCW, aims to expand capabilities and develop a
private credit platform. Net income for Q1 2024 came in at $1.3 billion, with EPS at $3.36 when excluding special assessments. The company has also made substantial investments in
affordable housing and
financial education. In the last week, the stock has risen 7.70% but fell 6.3% after the last earnings report. PNC recently appointed
Michael P. Lyons as President and raised its dividend payout. The company's Q2 earnings were highlighted by a strong earnings per share of $3.10. PNC also announced a
business leader recognition program with the Los Angeles Angels.
Pnc Financial Services Group PNC News Analytics from Thu, 30 Nov 2023 08:00:00 GMT to Sun, 15 Sep 2024 09:35:21 GMT -
Rating 2
- Innovation 2
- Information 5
- Rumor -4
