2019 Financial Press Releases

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07/17/19PNC Reports Second Quarter 2019 Net Income Of $1.4 Billion, $2.88 Diluted EPS
Grew loans, deposits, revenue; generated positive operating leverage PITTSBURGH, July 17, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the quarter 2Q19 1Q19 2Q18 Net income   $ millions $1,374 $1,271 ... 
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07/09/19PNC Raises Common Stock Dividend To $1.15 Per Share
PITTSBURGH, July 9, 2019 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.15 per share, an increase of 20 cents per share, or 21%, from the second quarter dividend of 95 cents per share. The dividend will be payable Aug. 5, 2019 to shareholders of record at the close of business July 19, 2019. "The significant increase to our dividend is a result of PNC's consistent performance, strong capit... 
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06/27/19PNC Receives No Objection To Its Capital Plan
PITTSBURGH, June 27, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that the Board of Governors of the Federal Reserve System accepted its capital plan and did not object to its proposed capital actions. The capital plan included a recommendation to increase the quarterly cash dividend on common stock by 20 cents per share, or 21%, to $1.15 per share, in the third quarter of 2019. PNC's board of directors is expected to consider this recommendation at its... 
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06/21/19PNC Releases Results Of Annual Dodd-Frank Company-Run Stress Test
PITTSBURGH, June 21, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today the results of its annual company-run stress test conducted in accordance with regulations of the Board of Governors of the Federal Reserve System (Federal Reserve) and the Office of the Comptroller of the Currency (OCC) under the Dodd-Frank Wall Street Reform and Consumer Protection Act. These company-run stress tests are designed to help assess whether banking organizations have suffici... 
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06/13/19The PNC Financial Services Group Announces Second Quarter Earnings Conference Call Details
PITTSBURGH, June 13, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the second quarter at approximately 6:45 a.m. (ET), Wednesday, July 17, 2019, as previously announced. PNC Chairman, President and Chief Executive Officer William S. Demchak and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 10:30 a.m. (ET). Dial in numbers are (800) 682-8921 and (303) 223-2694 (international). Th... 
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06/05/19The PNC Financial Services Group Provides Quarterly Earnings Release Dates For 2020
PITTSBURGH, June 5, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it expects to issue quarterly earnings releases pre-market open and hold conference calls at the times indicated on the following dates: Fourth Quarter 2019 – Wednesday, Jan. 15, 2020 at 9:30 a.m. (ET) First Quarter 2020 – Wednesday, April 15, 2020 at 9:30 a.m. (ET) Second Quarter 2020 – Wednesday, July 15, 2020 at 9:30 a.m. (ET) Third Quarter 2020 – Wednesday... 
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05/29/19PNC Executive To Speak At Morgan Stanley Investor Conference
PITTSBURGH, May 29, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak will discuss business performance, strategy and banking in a moderated discussion format at 9:30 a.m. (ET) Wednesday, June 12, at the Morgan Stanley Financials Conference in New York City. The following will be accessible at www.pnc.com/investorevents: a link to the live webcast; related materials, including cautionar... 
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04/12/19PNC Reports First Quarter 2019 Net Income Of $1.3 Billion, $2.61 Diluted EPS
Strong loan growth, net interest margin expanded, expenses well controlled PITTSBURGH, April 12, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the quarter 1Q19 4Q18 1Q18 Net ... 
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04/04/19PNC Extends Early Education Initiative To $500 Million
PNC Grow Up Great® 15th anniversary kicks off with "Great Big Book Drive" in most markets PITTSBURGH, April 4, 2019 /PRNewswire/ -- The PNC Financial Services Group (NYSE: PNC) today launches its 15th anniversary celebration of PNC Grow Up Great®, announcing an additional $150 million to extend the program that supports high-quality early learning for young children. The program is now a $500 million initiative benefitting 40 markets. "The workplace of tomorrow will require skills and know... 
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04/04/19PNC Declares Dividend Of 95 Cents On Common Stock
PITTSBURGH, April 4, 2019 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of 95 cents per share. The dividend, with a payment date of May 5, 2019, will be payable the next business day to shareholders of record at the close of business April 16, 2019. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share wi... 
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03/05/19The PNC Financial Services Group Announces First Quarter 2019 Earnings Conference Call Details
Annual Shareholders Meeting To Be Held April 23 PITTSBURGH, March 5, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the first quarter of 2019 Friday, April 12, as previously announced, at approximately 6:45 a.m. (ET).  PNC Chairman, President and Chief Executive Officer William S. Demchak and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 9:30 a.m. (ET). Separately, PNC will... 
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02/27/19PNC Executive to Speak at RBC Capital Markets Investor Conference
PITTSBURGH, Feb. 27, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Terry Begley, executive vice president and chief executive officer of Corporate Banking, will discuss business performance, strategy and banking at 1:20 p.m. (ET) Wednesday, March 13, at the RBC Capital Markets Financial Institutions Conference in New York City. The following will be accessible at www.pnc.com/investorevents: a link to the live webcast; presentation slides included a... 
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02/26/19Members Of Sandwich Generation Lack Emergency Savings, Are Ill-Prepared For Retirement Costs
- PNC survey queried Americans who could find themselves caught between financially supporting children and elderly families, commonly known as the sandwich generation - Nearly four in 10 members of the sandwich generation do not have an emergency fund - Most expect to have at least one family-related financial responsibility within 10 years, and yet have not planned for it PITTSBURGH, Feb. 26, 2019 /PRNewswire/ -- Despite actively saving and preparing for retirement, members of the s... 
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01/16/19PNC Reports Full Year 2018 Net Income of $5.3 Billion, $10.71 Diluted EPS
Fourth quarter net income was $1.4 billion, $2.75 diluted EPS Loans, deposits and net interest income increased; expenses controlled PITTSBURGH, Jan. 16, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported:   For the year For the quarter 2018 2017 ... 
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01/03/19PNC Increases Board Of Directors; Appoints Three New Members
Declares Dividend of 95 Cents on Common Stock PITTSBURGH, Jan. 3, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today increased the number of directors on its board to 14 and appointed three new members. Joseph Alvarado, Richard Harshman and Toni Townes-Whitley will join PNC's board, effective immediately. Alvarado is the former chairman, president and chief executive officer of Commercial Metals Company, a Fortune 500 global metals firm, which under his leadershi... 
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