News

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PNC Reports First Quarter 2025 Net Income of $1.5 Billion, $3.51 Diluted EPS
The interest income earned on certain earning assets is completely or partially exempt from federal income tax. As such, these tax-exempt instruments typically yield lower returns than taxable ...
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PNC Bank Branches to Accept Donations on Behalf of The Red Cross to Aid Relief Efforts
PNC Bank, N.A., a member of The PNC Financial Services Group (NYSE: PNC), has announced that all of its more than 700 branches in six states will be accepting monetary donations on behalf of the ...
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PNC Declares Dividend of $1.60 on Common Stock
PITTSBURGH, April 3, 2025 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.60 per share. The ...
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Mark Wiedman Joins PNC As President
PITTSBURGH, April 7, 2025 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that its Board of Directors has unanimously appointed Mark Wiedman as president of the ...
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News Releases
Industry Veteran to Lead Credit Card, Auto, Personal, and Student Lending Divisions PITTSBURGH, April 1, 2025 – PNC Bank announced today it has recently hired Jeff Hofmann as head of Retail Lending.
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PNC to Report $1.6 Billion Gain on the Merger of BlackRock and Merrill Lynch Investment Managers
The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that BlackRock (NYSE: BLK) and Merrill Lynch (NYSE: MER) have signed a definitive agreement to create one of the top ten investment ...
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PNC Bank Delivers Online Payment Solution for B2B E-Commerce With its First Successful `Roundtrip' Transaction
PNC Bank Treasury Management bridged a major gap in electronic commerce today with its first successful "roundtrip" financial transaction initiated online. PNC Bank completed this transaction for ITXS ...
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PNC to Acquire Harris Williams & Co.
The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that it has signed a definitive agreement to acquire Harris Williams & Co., a leading mergers and acquisitions advisor to middle ...
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PNC Bank Announces New Online Security Feature To Further Protect Customers, Help Prevent Fraud
PITTSBURGH, Dec. 7 /PRNewswire/ -- PNC Bank, a member of The PNC Financial Services Group, Inc., (NYSE: PNC) today announced a new security feature for online banking customers to further protect ...
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PNC Appoints Chief Investment Officer for PNC Bank, N.A.
The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the appointment of Gagan Singh as senior vice president and managing director of asset and liability management for the corporation ...
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PNC to Acquire Sterling
PITTSBURGH, July 19 /PRNewswire-FirstCall/ -- The PNC Financial Services Group, Inc. (NYSE: PNC), with $126 billion in assets, announced today that it has signed a ...