PNC Financial Services
About: PNC Financial Services Group is a diversified financial services company offering retail banking, corporate and institutional banking, asset management, and residential mortgage banking across the United States.
Employees: 56,411
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
67% more funds holding in top 10
Funds holding in top 10: 12 [Q2] → 20 (+8) [Q3]
24% more first-time investments, than exits
New positions opened: 140 | Existing positions closed: 113
15% more capital invested
Capital invested by funds: $52B [Q2] → $60.1B (+$8.05B) [Q3]
2% more funds holding
Funds holding: 1,509 [Q2] → 1,536 (+27) [Q3]
3% less call options, than puts
Call options by funds: $415M | Put options by funds: $426M
2.25% less ownership
Funds ownership: 84.08% [Q2] → 81.83% (-2.25%) [Q3]
12% less repeat investments, than reductions
Existing positions increased: 543 | Existing positions reduced: 615
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$180
7%
downside
Avg. target
$215
11%
upside
High target
$235
21%
upside
10 analyst ratings
4 positive
40%
4 neutral
40%
2 negative
20%
Compass Point David Rochester 57% 1-year accuracy 13 / 23 met price target | 20%upside $233 | Neutral Maintained | 10 Dec 2024 |
Goldman Sachs Richard Ramsden 70% 1-year accuracy 7 / 10 met price target | 8%upside $210 | Neutral Maintained | 6 Dec 2024 |
Piper Sandler Scott Siefers 52% 1-year accuracy 13 / 25 met price target | 13%upside $220 | Neutral Maintained | 3 Dec 2024 |
Citigroup Keith Horowitz 62% 1-year accuracy 13 / 21 met price target | 21%upside $235 | Buy Maintained | 25 Nov 2024 |
Wells Fargo Whit Mayo 59% 1-year accuracy 10 / 17 met price target | 21%upside $235 | Overweight Maintained | 15 Nov 2024 |
Financial journalist opinion
Based on 6 articles about PNC published over the past 30 days
Neutral
PRNewsWire
1 week ago
PNC Bank, N.A. Changes Prime Rate
PITTSBURGH , Dec. 18, 2024 /PRNewswire/ -- PNC Bank, N.A. announced a decrease in its prime lending rate.
Neutral
Seeking Alpha
2 weeks ago
The PNC Financial Services Group, Inc. (PNC) Goldman Sachs 2024 U.S. Financial Services Conference Transcript
The PNC Financial Services Group, Inc. (NYSE:PNC ) Goldman Sachs 2024 U.S. Financial Services Conference Transcript November 10, 2024 1:00 PM ET Company Participants William Demchak - CEO and Chairman Robert Reilly - Vice President & Chief Financial Officer Conference Call Participants Richard Ramsden - Goldman Sachs Richard Ramsden Okay, so I'm delighted to be joined by Bill Demchak. Bill is the CEO and Chairman of PNC.
Positive
Reuters
2 weeks ago
PNC says banks with core retail deposits could be M&A targets
PNC Financial Services Group would look at banks with core retail deposits in the right markets for mergers and acquisitions, but would avoid lenders with heavy real estate exposure, its CEO said on Tuesday.
Neutral
PRNewsWire
3 weeks ago
The PNC Financial Services Group Announces Fourth Quarter and Full Year Conference Call Details
PITTSBURGH , Dec. 5, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the fourth quarter and full year 2024 at approximately 6:30 a.m. (ET), Thursday, Jan. 16, 2025, as previously announced.
Positive
Seeking Alpha
3 weeks ago
My Top 10 High-Yield Dividend Stocks For December 2024
SPY continues its strong run in 2024 with a gain of +5.96% in November. The top 10 stocks on the watchlist for December 2024 offer a 3.34% dividend yield, more than double the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 18.61% since its inception in November 2020.
Neutral
PRNewsWire
4 weeks ago
PNC Executives to Speak at Goldman Sachs Financial Services Conference
PITTSBURGH , Nov. 26, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q.
Positive
Zacks Investment Research
1 month ago
PNC Financial & GTreasury Team Up to Boost Digital Treasury Services
PNC announces partnership with GTreasury to streamline treasury operations, increase efficiencies and reduce the complexities of managing multiple platforms.
Neutral
PRNewsWire
1 month ago
PNC Christmas Price Index Increases 5.4%, Significantly More Than The U.S. Consumer Price Index
PNC calculates the cost of Christmas from the holiday song "The Twelve Days of Christmas" Recent inflation trends are repeating, much like the verses of the song itself Five of the 12 gifts had no increase compared to 2023 PITTSBURGH , Nov. 21, 2024 /PRNewswire/ -- National inflation levels may be on the decline, but when it comes to True Loves' gifts, the price of decking the halls keeps rising. Now in its 41st year, PNC Bank's annual Christmas Price Index® (PNC CPI) rose 5.4% — doubling last year's 2.7% increase and surpassing the Bureau of Labor Statistics' Consumer Price Index (BLS CPI) October year-over-year reading of 2.6%.
Neutral
GlobeNewsWire
1 month ago
GTreasury, PNC Bank Introduce Embedded Banking Integration Through PINACLE® Connect
The new integration and user experience provides shared clients with workflow efficiencies, real-time balances, transactions, and payments automation The new integration and user experience provides shared clients with workflow efficiencies, real-time balances, transactions, and payments automation
Positive
Zacks Investment Research
1 month ago
Why Is The PNC Financial Services Group (PNC) Up 10.2% Since Last Earnings Report?
The PNC Financial Services Group (PNC) reported earnings 30 days ago. What's next for the stock?
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