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Last €82.23 EUR
Change Today +0.21 / 0.26%
Volume 0.0
PNP On Other Exchanges
Symbol
Exchange
New York
Berlin
Mexico
As of 12:43 PM 04/30/15 All times are local (Market data is delayed by at least 15 minutes).

pnc financial services group (PNP) Snapshot

Open
€82.85
Previous Close
€82.02
Day High
€83.13
Day Low
€81.76
52 Week High
03/13/15 - €91.36
52 Week Low
05/7/14 - €59.00
Market Cap
42.8B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
520.7M
EX-Date
04/13/15
P/E TM
--
Dividend
€2.15
Dividend Yield
1.97%
Current Stock Chart for PNC FINANCIAL SERVICES GROUP (PNP)

pnc financial services group (PNP) Details

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. It operates through six segments: Retail Banking, Corporate & Institutional Banking, Asset Management Group, Residential Mortgage Banking, BlackRock, and Non-Strategic Assets Portfolio. The Retail Banking segment offers deposit, lending, brokerage, investment management, and cash management services to consumer and small business customers through branch network, ATMs, call centers, online banking, and mobile channels. This segment operates 2,697 branches and 8,605 ATMs. The Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, equipment leases, cash and investment management, receivables management, disbursement and funds transfer, information reporting, trade services, foreign exchange, derivatives, securities, loan syndications, mergers and acquisitions advisory, equity capital markets advisory, and related services for mid-sized and large corporations, government, and not-for-profit entities. It also offers commercial loan servicing, and real estate advisory and technology solutions for the commercial real estate finance industry. The Asset Management Group segment provides investment and retirement planning, customized investment management, private banking, tailored credit solutions, and trust management and administration for individuals and their families; and institutional asset management services. The Residential Mortgage Banking segment offers first lien residential mortgage loans. The BlackRock segment provides a range of investment and risk management services to institutional and retail clients. The Non-Strategic Assets Portfolio segment offers consumer residential mortgage, brokered home equity loans, and lines of credit, as well as commercial real estate loans and leases. The PNC Financial Services Group, Inc. was founded in 1922 and is headquartered in Pittsburgh, Pennsylvania.

49,759 Employees
Last Reported Date: 04/15/15
Founded in 1922

pnc financial services group (PNP) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $1.1M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $500.0K
Head of Operations & Technology and Executive...
Total Annual Compensation: $1.9M
Chief Executive Officer of PNC Mortgage and P...
Total Annual Compensation: $620.0K
Head of Corporate & Institutional Banking and...
Total Annual Compensation: $700.0K
Compensation as of Fiscal Year 2014.

pnc financial services group (PNP) Key Developments

The Pnc Financial Services Group, Inc. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reports Impairment Charges for the Quarter; Provides Earnings Guidance for the Second Quarter of 2015 and Tax Rate Guidance for the Year 2015

The PNC Financial Services Group, Inc. reported consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenue of $3,731 million compared to $3,777 million a year ago. Income before income taxes and noncontrolling interests were of $1,328 million compared to $1,419 million a year ago. Net income attributable to diluted common shares was of $926 million or $1.75 per diluted share compared to $983 million or $1.82 per diluted share a year ago. Return on average common shareholders equity was 9.32% compared to 10.36% a year ago. Return on average assets was 1.17% compared to 1.35% a year ago. Book value per common share was $78.99 compared to $73.73 a year ago. Effective tax rate was 24.4%, up from the 22.1% rate in the fourth quarter, reflecting the tax favorability of Foundation contribution. Core NII decreased by $27 million in the quarter. Total net interest income decreased by $25 million. For the quarter, net charge-offs was $103 million declined by $15 million or 13% linked quarter, and virtually all of that was consumer loans. The company continues to expect 2015 effective tax rate to be approximately 25%. Looking ahead to the second quarter, and when compared to the first quarter reported results, the company expects net interest income to remain stable; fee income to be up in the low single digits, reflecting continued focus on strategic priorities. For full year 2015, the company continues to expect purchase accounting accretion to be down approximately $225 million when compared to 2014.

Citi, PNC To Reportedly Acquire Commercial Lending Business From GE

Citigroup Inc. (NYSE:C) and The PNC Financial Services Group, Inc. (NYSE:PNC) may acquire commercial-lending and leasing business from General Electric Company (NYSE:GE) if GE fails to find a buyer.

PNC Financial Services Group, Inc. Declares Quarterly Cash Dividend on the Common Stock, Payable on May 5, 2015; Declares Dividend on Preferred Stocks

The board of directors of The PNC Financial Services Group, Inc. declared a quarterly cash dividend on the common stock of 51 cents per share, an increase of 3 cents per share, or 6%, from the first quarter dividend of 48 cents per share. The dividend is payable on May 5, 2015 to shareholders of record at the close of business April 15, 2015. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share will be payable on June 10, 2015 to shareholders of record at the close of business May 22, 2015. Series P: a quarterly dividend of $1,531.25 per share ($0.3828125 per each depositary share, 4,000 of which represent one share of Series P preferred stock) will be payable on May 1, 2015 to shareholders of record at the close of business April 15, 2015. Series Q: a quarterly dividend of $1,343.75 per share ($0.3359375 per each depositary share, 4,000 of which represent one share of Series Q preferred stock) will be payable on June 1, 2015 to shareholders of record at the close of business May 15, 2015. Series R: a semi-annual dividend of $2,425.00 per share ($24.25 per each depositary share, 100 of which represent one share of Series R preferred stock) will be payable on June 1, 2015 to shareholders of record at the close of business May 15, 2015.

 

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Industry Analysis

PNP

Industry Average

Valuation PNP Industry Range
Price/Earnings 12.7x
Price/Sales 3.2x
Price/Book 1.2x
Price/Cash Flow 11.6x
TEV/Sales NM Not Meaningful
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