|Bid||0.00 x 900|
|Ask||0.00 x 1800|
|Day's Range||148.88 - 150.97|
|52 Week Range||118.70 - 161.79|
|Beta (5Y Monthly)||1.14|
|PE Ratio (TTM)||13.15|
|Earnings Date||Apr 14, 2020|
|Forward Dividend & Yield||4.60 (3.10%)|
|Ex-Dividend Date||Jan 15, 2020|
|1y Target Est||163.32|
PNC Financial Services Group Inc. continues to winnow its branch network, bringing the local cuts to three by mid-April. PNC (NYSE:PNC) has filed an application with the Office of the Comptroller of the Currency to close its Greenfield branch, located at 4301 Murray Ave. A PNC spokeswoman confirmed that the site is being consolidated on April 17 and that the receiving branch is at 5810 Forbes Ave. in the city’s Squirrel Hill neighborhood. "We are making significant renovations to the Squirrel Hill branch,” added Marcey Zweibel, PNC senior vice president and director of corporate communications.
Bank of Hawaii's (BOH) Q4 results reflect higher non-interest income, strong capital position and declining expenses, partially offset by growing provisions and contracting margins.
The cuts are footprint-wide, from Ohio to South Carolina, but the majority are within Pennsylvania — including one in Pittsburgh. F.N.B. (NYSE:FNB) confirmed that it is shuttering its First National Bank of Pennsylvania branch in the city’s Mount Washington neighborhood in April. Located at 55 Wyoming Street, the branch will be consolidated with F.N.B.’s South Side office at 1114 East Carson Street, less than two miles away, on Friday, April 17, said Jennifer Reel, senior vice president.
"There is still demand not being met today," buyer says. "There's still a little bit of give before we see any kind of downturn in the market."
Welcome to Deal Dash — the Nashville Business Journal's roundup of some of the week's more notable commercial real estate dealmaking.
JPMorgan & Chase just scored a green light from the feds to open two new branches in the Triangle. The Office of the Comptroller of the Currency, part of the U.S. Department of Treasury, disclosed its approvals of JPMorgan’s applications for branches in both Garner and Apex this week. JPMorgan, which did not return a request to comment for this story, has announced bold plans in recent months – not just for the Triangle, but for North Carolina.
Northern Trust's (NTRS) fourth-quarter 2019 results reflect escalating expenses, partly offset by higher revenues and credit provision.
Comerica's (CMA) Q4 results reflect higher fee income and lower provisions, partly offset by elevated expenses and lower net interest income.
While growth in revenues, and loan and deposit balances aid Signature Bank's (SBNY) Q4 results, escalating costs and provisions, and shrinking net interest margin pose concerns.
The bank's national retail digital strategy executive recently visited Denver to scope out possible branch locations.
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Groundworks, a portfolio company of Succession Capital Partners (Succession) and Matt Malone, Groundworks founder and CEO, on their growth capital partnership with Cortec Group (Cortec). Groundworks is the nation’s largest privately-held residential foundation services company and a rapidly growing residential services platform. The transaction was led by John Neuner, Brent Spiller, Zach Ledwith and Dylan Digmon of the Harris Williams Consumer Group. As part of the transaction, Succession will remain an investor in the company and Matt Malone will continue as CEO.
'Our company and our future are stronger when our workplaces are inclusive, diverse and high-performing," CEO says.
While deposits growth and higher revenues support First Horizon's (FHN) fourth-quarter 2019 performance, higher provisions and expenses act as headwinds.
The PNC Financial Services Group, Inc. (NYSE:PNC) shares fell 3.3% to US$153 in the week since its latest full-year...
Both PNC Bank and the Nashville Area Chamber of Commerce have struck friendly wagers with their Kansas City counterparts in honor of the Tennessee Titans' upcoming game against the Kansas City Chiefs. According to a news release, Michael Johnson, who runs PNC's Tennessee team, is set to win some of Kansas City's iconic barbecue if the Titans can pull out the upset Sunday.
Dayton manufacturers that initially predicted economic stagnation in 2020 are beginning to reverse course.
Investor sentiment mixed on banks' Q4 earnings, with the major players displaying top-line strength aided by higher fee income and loan growth, partly muted by margin pressure and elevated expenses.
Attorney Nancy Erika Smith is taking on the case of a former PNC wealth manager who alleges the bank did not protect her from a customer who had a reported history of sexual harassment.