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PNC Financial says entering 2025 ‘with a lot of momentum’

PNC Financial says entering 2025 ‘with a lot of momentum’

Says had ‘solid’ Q4 and a ‘very strong’ year. Says continues to gain momentum across franchise. Says expects to see further tailwinds from repricing over next couple of years. Says continues to see ‘positive momentum’, specifically in expansion markets. Says investing in new products and expanded footprint. Says will soon roll out new online banking platform. Sees ‘record’ NII in 2025. Says balance sheet is ‘well-positioned’. Comments taken from Q4 earnings conference call.

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