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Bank CEOs: Consumers Are Spending, Including on Movies and Cruises
The Wall Street Journal4d agoneutral
Bank CEOs: Consumers Are Spending, Including on Movies and Cruises

It's all systems go for the American consumer, say bank executives, including strong spending on travel and entertainment. "There is still quite strong spending across the board, and it has just not been changing really at all," said Wells Fargo CFO Mike Santomassimo at an investor conference.

PNC Financial Services Group (PNC) Stock May Be 40% Undervalued As Excess Returns Stay Strong
Simply Wall St.4d agoneutral
PNC Financial Services Group (PNC) Stock May Be 40% Undervalued As Excess Returns Stay Strong

PNC Financial Services Group has delivered a powerful share price run over recent years, which now raises a sharper question for investors about whether the current valuation is supported by the returns it earns on its capital. With the stock near US$242.72 at the last close, the issue is how much of those past gains are backed by the bank's underlying economics rather than sentiment alone. Over the past 3 years, PNC Financial Services Group has returned about 117.5%, which puts real...

Why PNC Financial Services Group (PNC) Is Back In The Spotlight Today
Simply Wall St.5d agoneutral
Why PNC Financial Services Group (PNC) Is Back In The Spotlight Today

PNC Financial Services Group (PNC) heads into a busy conference schedule today, with management presenting at both the Barclays Global Financial Services Conference in New York and the USHCC National Conference in Fort Worth. Recent trading has been mixed. The share price is down 4.95% over the past month but still carries a 15.50% year to date share price return, while total shareholder return over three and five years, at 118.89% and 58.90% respectively, shows the extent to which the PNC...

3 Reasons to Sell PNC and 1 Stock to Buy Instead
StockStory5d agoneutral
3 Reasons to Sell PNC and 1 Stock to Buy Instead

PNC Financial Services Group has had an impressive run over the past six months as its shares have beaten the S&P 500 by 8.2%. The stock now trades at $243.93, marking a 21.5% gain. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

Are You Looking for a High-Growth Dividend Stock?
Zacks19d agoneutral
Are You Looking for a High-Growth Dividend Stock?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The PNC Financial Services Group (PNC) have what it takes? Let's find out.

Truist Names Harold Ford Jr. as Adviser
The Wall Street Journal22d agoneutral
Truist Names Harold Ford Jr. as Adviser

Truist Financial named a former U.S. congressman, Harold Ford Jr., as a vice chairman and strategic adviser. Ford has worked in banking and finance since departing the House of Representatives in 2007, most recently at PNC Financial Services Group.

PNC Financial Services Group (PNC) Sees Momentum Cool, Is It Still A Bargain?
Simply Wall St.29d agoneutral
PNC Financial Services Group (PNC) Sees Momentum Cool, Is It Still A Bargain?

PNC Financial Services Group (PNC) drew investor attention after its recent trading session, as the stock closed at $241.62. The move comes alongside mixed short term returns and stronger longer term performance figures. See our latest analysis for PNC Financial Services Group. The recent 1-day share price decline of 1.96% and 7-day share price pullback of 5.32% contrast with a 90-day share price return of 10.21% and 1-year total shareholder return of 28.64%. This points to PNC Financial...

PNC Financial Services Group (PNC) Stock Stays Reasonable After A 129% Run
Simply Wall St.29d agoneutral
PNC Financial Services Group (PNC) Stock Stays Reasonable After A 129% Run

After a strong three-year run that has seen PNC Financial Services Group return 129.4%, the stock now trades near US$241.62, while the Excess Returns intrinsic value estimate still indicates a meaningful gap between price and estimated worth. Over the last three years, PNC Financial Services Group has returned 129.4%, which puts extra focus on whether recent gains already reflect its fundamentals. For a large bank, valuation can be heavily influenced by how investors view its long-term...

Following Its 50th New Branch Opening, Is PNC Financial Services Group (PNC) Still Undervalued?
Simply Wall St.45d agoneutral
Following Its 50th New Branch Opening, Is PNC Financial Services Group (PNC) Still Undervalued?

PNC Financial Services Group (PNC) is back in focus after PNC Bank opened its 50th new branch, marking a milestone in a planned coast to coast build-out of more than 300 locations. See our latest analysis for PNC Financial Services Group. The latest branch opening comes as PNC Financial Services Group trades at $254.14, with a 90 day share price return of 14.26% and a 1 year total shareholder return of 38.90%. This suggests momentum has been building around the stock while the multi year...