PNC Financial Services Related Content

M&A Activity Continues Strong: Awaiting the Impact of New Developments

The Alta Group’s Bruce Kropschot and James Jackson examine the M&A market for independent equipment finance companies. Although another good year is expected, several factors could affect the market, including rising interest rates, stock market trends, tax reform legislation and accounting rule changes.... read more

PNC Financial Services Names Parsley COO

PNC Financial Services named E. William Parsley III chief operating officer, effective immediately. read more

PNC Reports Higher Earnings; Plans to Expand Middle-Market Business

PNC Financial reported Q2/17 earnings of $1,097 billion, up 11% from $989 million a year earlier. The bank noted it has formalized plans to expand its middle-market business into Denver, Houston and Nashville in 2018. read more

PNC Reports Q1 Hurt by Energy Related Charges

PNC reported Q1/16 net income of $943 million was down from $1.0 billion a year earlier. The bank noted a higher provision for credit losses attributable to “certain energy related loans.” read more

PNC Beats Expectations Despite Earnings Decline

PNC Financial reported FY and Q4/15 net income of $4.1 billion and $1.0 billion, respectively was down from $4.2 billion and $1.1 billion for the same periods one-year ago. However, EPS of $1.87 exceeded analysts’ estimates of $1.80. read more

PNC Beats Estimates, Net Interest Margin Drops to 2.82%

PNC Financial reported net income of $1.0 billion or $1.75 per share, which topped expectations of $1.72 EPS. PNC noted its Q1/15 net interest margin of 2.82% was down from 3.26% for the same quarter a year earlier. read more

PNC Q4 Earnings Flat Y/Y at $4.2B

PNC Financial Services reported 2014 net income of $4.2 billion was flat compared with 2013 net income of $4.2 billion. read more

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