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PNC Financial ( (PNC) ) has provided an update.
On January 16, 2025, PNC Financial Services Group reported its financial performance for the fourth quarter and full year of 2024. PNC achieved record revenue with strong credit quality, growing net income to $6.0 billion, and increasing capital position. Despite challenges, the company maintained stable loan balances and deposits, demonstrating effective management of interest rate sensitivity and operating leverage.
More about PNC Financial
PNC Financial Services Group, Inc. operates in the financial services industry, providing a wide range of products and services including retail and business banking, asset management, and investment banking. The company focuses on leveraging its extensive branch network and digital platforms to serve customers and deepen relationships across its franchise.
YTD Price Performance: 4.79%
Average Trading Volume: 1,905,165
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $77.65B
See more insights into PNC stock on TipRanks’ Stock Analysis page.
