|Bid||133.65 x 1100|
|Ask||140.81 x 1000|
|Day's Range||140.25 - 142.26|
|52 Week Range||108.45 - 144.77|
|Beta (3Y Monthly)||1.27|
|PE Ratio (TTM)||12.76|
|Earnings Date||Oct 16, 2019|
|Forward Dividend & Yield||4.60 (3.26%)|
|1y Target Est||144.05|
State Street's (STT) dividend hike announcement is part of its 2019 capital plan. The approval of the plan by the Federal Reserve reflects the company's strong balance sheet position.
The move is seen by several Tampa Bay area banks as positive while others see it as a possible indicator of an upcoming recession.
The Fed seeks to remain focused on analyzing incoming economic data to determine future moves. Heathy domestic economy and several streamlining efforts are likely continue supporting bank stocks.
PITTSBURGH , Sept. 18, 2019 /PRNewswire/ -- PNC announced a decrease in its prime lending rate. The new rate of 5% is effective tomorrow, Sept. 19, 2019 . The PNC Financial Services Group, Inc. (NYSE: ...
As part of its 2019 capital plan, JPMorgan (JPM) announces a 12.5% dividend hike. One should take a look at its fundamentals and prospects before taking any investment decision.
This survey by a major bank shows that small and mid-size businesses are very optimistic about their companies and the economy at large in spite of rumblings about a possible recession and the impact of tariffs.
- PNC Survey finds 55% of respondents describe their outlook for their own business as optimistic, near record high in 16-year survey. - With talk of tariffs, 38% anticipate paying higher prices to suppliers ...
President/CEO of Pnc Financial Services Group Inc (30-Year Financial, Insider Trades) William S Demchak (insider trades) sold 17,132 shares of PNC on 09/12/2019 at an average price of $135.11 a share. Continue reading...
PITTSBURGH , Sept. 13, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the third quarter at approximately 6:45 a.m. (ET) , Wednesday, Oct. ...
Rising long-term treasury yields are likely to support banks' financials to some extent. But lower interest rates and other concerns are expected to be headwinds.
The top executive at PNC Financial Services Group Inc. told financial analysts at an annual conference that he expects to lose customers in its home city of Pittsburgh to larger newcomers Bank of America Corp. and JPMorgan Chase & Co. But to counter, he's aggressively going after their clients in new markets PNC (NYSE:PNC) is entering. “Other banks entering legacy PNC territories are going to win business, this is my thesis,” Bill Demchak, PNC chairman, president and CEO, said Wednesday at the Barclays Global Financial Services Conference in New York. “We have in Pittsburgh BofA and JPMorgan building branches.
Boston and Nashville, Tennessee, where Pittsburgh’s biggest bank has yet to enter the retail markets, and Dallas and Kansas City, Missouri, where rollout has begun. “They break even faster.” And 85 percent of sales are not from customers going inside of the branch, he said, it’s from PNC employees “going outside, moving into the community” and pursuing opportunities.
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Space Electronics LLC , a portfolio company of Benford Capital Partners LLC and Coppermine Capital LLC , on its sale to L Squared Capital Partners .
Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Joe Hudson’s Collision Centers , a portfolio company of Carousel Capital , on its sale to TSG Consumer Partners, LLC .
The first product from PNC Financial Services Group Inc.’s fintech incubator has launched and is available in beta by invitation. East Liberty-based numo LLC said users for indi, a smart banking product for self-employed individuals, can sign up for the waitlist at goindi.com and download the app from the App Store and Google Play when they receive their access code. At present, there are less than 100 users, including some employees of numo and of PNC, numo CEO David Passavant told the Business Times.
PITTSBURGH , Sept. 6, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Sept. 18, 2019 of all of the outstanding Senior Notes due Oct. 18, 2019 issued ...
Spinouts or maybe a product for Pittsburgh's biggest bank as numo LLC finesses a trio of products.
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
It's fun chasing the "next big thing", but it's also prudent investing to have a few strong yielding dividend plays in the portfolio. Here are a few I like.