PNC's surprise 18% dividend hike looks like pure upside for retirees on Social Security, but the bigger payout quietly sets off a chain reaction through federal tax rules that can cost far more than most investors expect.
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(Bloomberg) -- Meredith Whitney, the former bank analyst who rose to fame for a 2007 report ahead of the global financial crisis, warned that a US “reckoning” is coming in the fourth quarter as one-time economic boosts from the World Cup and residual fiscal spending fade.Most Read from BloombergChip Rout Deepens on Circular Funding, China Competition FearsNvidia’s $750 Billion in Deals Reignite Circular AI FearsCitadel Securities Sees Warsh Delivering Surprise Fed HikeApple Set to Make Big Smart
Today Earnings: Johnson & Johnson, Morgan Stanley, BlackRock, PNC Financial Services, Conagra, Cintas, United Airlines, Bank of New York Mellon, Elevance Health, J.B. Hunt, ASML Economic data: Producer-price index data for June, Empire State manufacturing survey, EIA weekly petroleum status report, Fed beige book.
Investors are gearing up today for the start of a busy bank earnings season. They’ll also be closely watching the latest inflation data and appearances on Capitol Hill over two days by new Federal Reserve Chairman Kevin Warsh.
PNC Financial Services Group (PNC) has drawn fresh investor attention after its board approved an 18% increase in the quarterly common dividend to $2.00 per share, following the Federal Reserve's 2026 stress test. See our latest analysis for PNC Financial Services Group. Against this backdrop of higher dividends, PNC Financial Services Group’s share price has moved to $254.01, with a 30-day share price return of 11.23% and year to date share price return of 20.12%, while the 1-year total...
PNC raises its dividend by 18% following the Fed's 2026 stress test, reflecting a strong capital position and shareholder return plans.
Wall Street's biggest banks reportedly held preliminary talks to acquire a Fiserv network that could help them bypass federal debit-card fee caps.
WFC plans an 11% dividend hike and continues share repurchases after passing the 2026 Fed stress test. What's driving its capital return plan? Let's discuss.
PNC plans an 18% dividend hike after passing the Fed's 2026 stress test, backed by strong capital buffers.
PNC Financial Services Group has recently proposed an 18% increase in its quarterly common stock dividend to US$2.00 per share for the third quarter of 2026, following Federal Reserve and company-run stress test results that kept its stress capital buffer at the regulatory minimum of 2.5%. This combination of a higher prospective dividend and confirmation of capital resilience highlights how PNC is using regulatory clarity to underpin shareholder returns and capital deployment...
The Federal Reserve said the nation’s largest banks could absorb $708 billion in losses and keep lending, though this year’s stress-test results won’t affect capital requirements.
The Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) sits at $21.62 heading into the back half of 2026, paying a 9.5% yield that has drawn income investors looking for something between bond coupons and common stock dividends. PFFA raised its monthly payout to $0.1725 per share for 2026, up from $0.17 in 2025, extending a ... The Fed’s 2026 Cutting Path Will Make or Break PFFA’s 9.5% Yield