| 2023-12-07 | +0.29 % |
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| 2023-12-06 | +0.5 % |
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| 2023-12-05 | -1.51 % |
- PNC Financial Services Group Inc.'s CEO, William Demchak, stated that expenses will remain stable in 2024, consumer behavior is returning to normal, disruptions in market share due to proposed rules may present opportunities, and the company has begun engaging in share repurchases. The reason for the stock going down could be due to various factors, such as market conditions, investor sentiment, or specific news events.
- PNC Financial Services CEO, William Demchak, sees the proposed Basel III endgame and disruptions in interest rates as an opportunity for the bank to grow by acquiring assets, assuming risk, or acquiring clients as other banks shrink. The bank is also expecting stable expenses in 2024 and has started considering resuming share buybacks.
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| 2023-11-30 | +1.19 % |
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| 2023-11-28 | +0.57 % |
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| 2023-11-22 | -0.02 % |
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| 2023-11-21 | -1.82 % |
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| 2023-11-16 | +0.29 % |
|
| 2023-11-14 | +5.9 % |
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| 2023-11-10 | +0.9 % |
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| 2023-11-02 | +5.63 % |
|
| 2023-11-01 | -0.88 % |
|
| 2023-10-31 | +1.4 % |
|
| 2023-10-30 | +1.48 % |
|
| 2023-10-27 | -2.73 % |
|
| 2023-10-25 | +0.01 % |
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| 2023-10-23 | -1.89 % |
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| 2023-10-20 | -3.32 % |
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| 2023-10-19 | -0.03 % |
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| 2023-10-13 | -2.62 % |
|
| 2023-10-12 | -1.16 % |
|
| 2023-10-11 | +0.42 % |
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| 2023-10-10 | +1.13 % |
|
| 2023-10-09 | +0.45 % |
|
| 2023-10-06 | -0.05 % |
|
| 2023-10-04 | +0.27 % |
|
| 2023-10-03 | -0.2 % |
|
| 2023-10-02 | -2.24 % |
|
| 2023-09-27 | +0.18 % |
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| 2023-09-21 | -1.44 % |
|
| 2023-09-15 | -0.49 % |
|
| 2023-09-14 | +2.72 % |
|
| 2023-09-12 | +5.79 % |
|
| 2023-09-11 | +0.93 % |
|
| 2023-09-08 | +1 % |
|
| 2023-09-07 | -2.19 % |
|
| 2023-09-05 | -1.42 % |
|
| 2023-09-01 | +1.23 % |
|
| 2023-08-31 | +0.21 % |
|
| 2023-08-30 | -0.09 % |
|
| 2023-08-29 | +1.84 % |
|
| 2023-08-24 | -1.46 % |
|
| 2023-08-21 | -0.22 % |
|
| 2023-08-18 | -0.24 % |
|
| 2023-08-17 | +0.63 % |
|
| 2023-08-16 | -0.7 % |
|
| 2023-08-15 | -2.89 % |
|
| 2023-08-14 | -2.05 % |
- Moody's has downgraded several banks and issued a "negative" outlook for others, including PNC Financial Services Group, due to rising funding costs, declining income metrics, and increasing asset risk, particularly for banks with large commercial real estate exposures. The article also suggests that a mild recession is on the horizon for early 2024, which could lead to tightening credit conditions and rising loan losses for U.S. banks.
- PNC Financial Services Group Inc. (PNC) stock went down 2.05% due to underperformance compared to its competitors, such as JPMorgan Chase, Bank of America, and Wells Fargo, despite a favorable trading session in the stock market.
- The article mentions that the PNC Financial Services (PNC) stock was down by 2.05% last night. The reason for the decline in the stock is not provided in the article.
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| 2023-08-11 | +1.44 % |
|
| 2023-08-10 | +0.58 % |
|
| 2023-08-09 | -2.08 % |
|
| 2023-08-08 | -1.77 % |
|
| 2023-08-03 | -0.82 % |
|
| 2023-08-01 | -1.07 % |
|
| 2023-07-26 | +1.85 % |
|
| 2023-07-24 | +1 % |
|
| 2023-07-19 | +1.55 % |
|
| 2023-07-18 | +2.51 % |
|
| 2023-07-17 | +1.09 % |
|
| 2023-07-07 | +1.4 % |
|
| 2023-07-03 | +1.25 % |
|
| 2023-06-27 | +0.23 % |
|
| 2023-06-22 | -2.54 % |
|
| 2023-06-20 | -1.56 % |
|
| 2023-06-14 | -1.82 % |
|
| 2023-06-13 | +1.14 % |
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