2017 Financial Press Releases

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03/22/17PNC Meets 30 Percent Carbon Reduction Goal Ahead Of Plan
PNC's 2016 Corporate Social Responsibility report highlights the bank's environmental performance, among other progress, policies and initiatives PITTSBURGH, March 22, 2017 /PRNewswire/ -- The PNC Financial Services Group disclosed today that it has met its 30 percent carbon reduction goal four years ahead of plan. PNC set this goal, along with an energy reduction goal, in 2009 with plans to reduce its carbon emissions and energy consumption by 30 percent by 2020. Since 2009, PNC has reduce... 
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03/15/17PNC Changes Prime Rate
PITTSBURGH, March 15, 2017 /PRNewswire/ -- PNC (NYSE: PNC) announced an increase in its prime lending rate. The new rate of 4.00 percent is effective tomorrow, March 16, 2017. The PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking; residential mortgage banking; specialized services for corporations and... 
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02/23/17PNC Executive To Speak At RBC Capital Markets Investor Conference
PITTSBURGH, Feb. 23, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Gagan Singh, executive vice president and chief investment officer of PNC Bank, will discuss business performance, strategy and banking at the RBC Capital Markets Financial Institutions Conference in New York City Tuesday, March 7 at 1:45 p.m. (ET). The following will be accessible on PNC's Investor Relations website (www.pnc.com/investorevents): a link to the live webcast; presen... 
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02/21/17The PNC Financial Services Group To Report First Quarter Earnings April 13
Annual Shareholders Meeting To Be Held April 25 PITTSBURGH, Feb. 21, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it expects to issue financial results for the first quarter of 2017 Thursday, April 13, 2017. Separately, PNC will hold its Annual Meeting of Shareholders Tuesday, April 25, 2017. Details regarding these events: 2017 First Quarter Earnings Investor Conference Call: Thursday, April 13 PNC Chairman, President and Chief Executive ... 
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02/21/17PNC to Acquire ECN Capital's U.S. Commercial, Vendor Finance Business
Expands PNC's Equipment Finance Offerings, Opportunities for Growth PITTSBURGH and PHILADELPHIA, Feb. 21, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today a definitive agreement to acquire the U.S.-based commercial and vendor finance business (the "U.S. C&V business") of ECN Capital Corp., one of the leading non-bank vendor finance businesses in the United States. PNC will purchase for cash ECN Capital's U.S. C&V business which includes a $... 
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02/03/17PNC Announces Redemption Of REIT Preferred Securities
PITTSBURGH, Feb. 3, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that it has submitted a redemption notice to the property trustee for redemption on March 15, 2017 of all of the Fixed-to-Floating Rate Non-cumulative Exchangeable Perpetual Trust Securities (CUSIP NO. 69350JAA7) of PNC Preferred Funding Trust I and of all of the Fixed-to-Floating Rate Non-cumulative Exchangeable Perpetual Trust Securities (CUSIP NO. 69350KAA4) of PNC Preferred F... 
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01/30/17PNC Announces $300 Million Increase To Planned Share Repurchases
PITTSBURGH, Jan. 30, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced a $300 million increase in its common stock share repurchase programs for the four-quarter period ending June 30, 2017. This amount is in addition to the share repurchase programs of up to $2.0 billion during this period authorized as part of PNC's 2016 capital plan under the Federal Reserve's Comprehensive Capital Analysis and Review, which included up to $200 million related to employee benef... 
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01/13/17PNC Reports Full Year 2016 Net Income Of $4.0 Billion, $7.30 Diluted EPS
Fourth quarter net income was $1.0 billion, $1.97 diluted EPS Loans, deposits, net interest income grew; expenses stable PITTSBURGH, Jan. 13, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the year 2016 2015 4Q16 3Q16 4Q15 Net income   $ millions $3,985 $4,143 $1,047 $1,00... 
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01/05/17PNC Declares Dividend of 55 Cents on Common Stock
PITTSBURGH, Jan. 5, 2017 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 55 cents per share. The dividend, with a payment date of Feb. 5, 2017, will be payable the next business day to shareholders of record at the close of business Jan. 17, 2017. --> The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly ... 
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01/05/17PNC Announces Redemption Of 1.125 Percent Senior Bank Notes Due Jan. 27, 2017
PITTSBURGH, Jan. 5, 2017 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Jan. 17, 2017 of all of the outstanding Senior Notes due Jan. 27, 2017 issued by PNC Bank, National Association in the amount of $1,000,000,000 (CUSIP 69353RCG1). The securities have a distribution rate of 1.125 percent and an original scheduled maturity date of Jan. 27, 2017. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accru... 
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