|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||141.55 - 142.90|
|52 Week Range||119.77 - 163.59|
|PE Ratio (TTM)||12.35|
|Earnings Date||Oct 12, 2018|
|Forward Dividend & Yield||3.80 (2.60%)|
|1y Target Est||158.68|
PNC Bank is looking to fill a few open jobs in Louisville after losing high-level commercial bankers earlier this year. The Pittsburgh-based regional bank has posted commercial banking relationship manager and senior asset manager job openings in Louisville online in recent months. The openings come as John Thurman, former senior vice president of corporate banking at PNC, left the company for a new opportunity in June and a few others retired around the same time.
PEORIA, Ill., Aug. 9, 2018 /PRNewswire/ -- The OSF HealthCare Foundation today announced that Jump Simulation, a part of OSF Innovation, will receive a $400,000 grant from the PNC Foundation to expand the successful STEAM (Science, Technology, Art, Engineering, and Math) education program to students who are also patients at OSF HealthCare Children's Hospital of Illinois. In addition, PNC Bank has pledged $100,000 for the charitable sponsorship of the Angel Ball, OSF HealthCare Saint Francis Medical Center's major fundraising event. "The innovative teams at Jump have been engaging students through a variety of STEAM program opportunities including Saturday STEAM classes at Jump for middle and high school students," said Tom Hammerton, President, OSF HealthCare Foundation.
Pittsburgh-based PNC will move into its roughly 6,000-square-foot home in SoBro later this year, and in 2019, the bank will roll out its digital retail strategy to collect local deposits, according to Michael Johnson, PNC's regional president.
Southwestern Pennsylvania has 86 Opportunity Zones and funds can reap big tax breaks, but details need to be filled in.
PHILADELPHIA, July 31, 2018-- Phoenix Capital Resources, a leading middle market special situations investment bank, acted as the exclusive financial advisor to its client in arranging, structuring, and ...
Vehicles also part of Pittsburgh bank's marketing push on campuses, at events, and helping to drive the debut of its national digital retail bank.
The bank said it will cut the time it takes to deliver loan decisions from start to finish by approximately 40 percent.
The U.S. Federal Reserve should consider formally easing the regulatory framework for U.S. banks that have more than $250 billion in assets but are not global players, a top Fed official said on Wednesday. The comments by Fed vice chair Randal Quarles will be cheered by the country's three super-regional lenders PNC , Capital One and U.S. Bancorp, which worried they would be hurt by a rewrite of the 2010 Dodd-Frank law passed by Congress in May that helped their smaller rivals.
Pittsburgh-based PNC Financial Services Group Inc. appointed its first regional president and local leadership team as the bank continues to establish its Houston presence. Julie Young Sudduth will serve as regional president effective immediately, and will head the local leadership team, the bank announced in a July 17 statement. Most recently, Sudduth worked as an executive vice president with Louisiana-based IberiaBank, and has previously held multiple leadership roles at Amegy Bank.
PNC (NYSE:PNC) is holding a production/video shoot for the next phase of its advertising campaign at Ross Park Mall on Saturday and Monroeville Mall on Sunday. “Our goal is to make this a simple, easy-to-digest message to inspire customers and make them feel their goals are within reach.” Whether local production houses or boutique agencies are involved was not disclosed.
U.S. bank stocks like Bank of America (NYSE:BAC) haven’t had a particularly spectacular 2018. BAC stock, for instance, is up less than 2% so far this year. Earnings are soaring, with earnings per share up 43% in Q2 after a 38% rise in Q1.
4% jump on Monday after a second-quarter revenue beat shows that investors are shrugging off fears of a trade war and a slowing economy, said Stephen Biggar, director of financial institution research at Duggar Research. On Monday, Bank of America had its best day since March 26 after it announced that second-quarter revenue grew 33% to $6.8 million, compared with the same period of 2017. "The lending volume on the commercial side was strong and the credit quality still good," Biggar said.
The PNC Financial Services Group Inc. (NYSE: PNC) plans to debut middle market corporate banking in Phoenix next year. On its second-quarter earnings call with analysts July 13, CEO Bill Demchak said the Pittsburgh-based company will expand its business-focused banking business line into Phoenix and Boston. Plans call for hiring a regional president and client and community relations director, as well as a team to focus on middle and large corporate client banking.
PNC Financial Services Group Inc. posted better-than-expected second-quarter earnings Friday, boosted by an increase in lending and a lower tax rate. PNC is the first major regional bank to report second-quarter earnings.
and a slew of other banks that reported generally good earnings Friday are likely trading below fair value, an Argus Research analyst says. "They are underperforming," said Stephen Biggar, director of financial-institution research at Argus. JPM fell 49 cents to close at $106.36 despite reporting $2.29 in earnings per share, beating analysts' consensus expectations by 7 cents.
Once again, JPMorgan Chase (NYSE:JPM) has handily beat earnings estimates. JPM earnings for the second quarter came in nicely ahead of consensus. JPM stock actually is down modestly in Friday afternoon trading, while markets as a whole have risen.