PNC - PNC Financial

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by T0rm3nted, Apr 15, 2016.

  1. T0rm3nted

    T0rm3nted Moderator
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    PNC Financial Services Group, Inc. (PNC) is an American financial services corporation, with assets (as of December 31, 2015) of approximately $358 billion. As well as deposits of approximately $249 billion. PNC operations include a regional banking franchise operating primarily in nineteen states and the District of Columbia with more than 2,600 branches, online and mobile services together with 9000 ATMs, specialized financial businesses serving companies and government entities, and asset management and processing businesses.

    PNC is the fifth largest bank in the United States (total branches), sixth largest bank by deposits in the United States, ninth largest by total assets, and the third largest bank off-premises ATM provider. PNC is based in Pittsburgh.
     
  2. T0rm3nted

    T0rm3nted Moderator
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    PNC Stock Closed Down on Earnings Miss
    NEW YORK (TheStreet) -- PNC Financial Services (PNC) stock declined by 0.56% to $84.69 in Thursday's trading session, after reporting 2016 first quarter earnings before the market open.

    The financial services company reported adjusted earnings of $1.68 per share, missing analysts' estimates for $1.70 per share.

    Revenue dropped by 2% to $3.67 billion compared to the year-ago period, falling short of expectations for $3.75 billion.

    Read full article here: http://www.thestreet.com/story/13531835/1/pnc-stock-closed-down-on-earnings-miss.html
     
  3. Stockaholic

    Stockaholic Content Manager

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    PNC reporting ER this Friday before the market open:

    Here's what is expected:

    [​IMG]

    [​IMG]

    PNC is up +11.50% since last ER on 7/15

    [​IMG]

    Thoughts here?
     
  4. Stockaholic

    Stockaholic Content Manager

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    PNC flat ahead of the open as it reported ER this morning
    • PNC Financial — PNC beat estimates by six cents with quarterly earnings of $1.84 per share, while revenue was just slightly above forecasts. The bank said its capital levels are strong and that loans and deposits increased compared to a year ago.
     

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