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Stock Market & Financial Investment News

News Breaks
July 16, 2014
09:07 EDTPNCPNC Financial sees Q3 loan loss provision $75M-$125M
Sees modest growth in loans for Q3. Sees net interest income down modestly, fee income stable. Sees Q3 noninterest expense up low single digits. Comments from slides that will be presented on the Q2 earnings conference call.
News For PNC From The Last 14 Days
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September 30, 2014
08:56 EDTPNCPNC confirms purchase of boutique advisory firm, FT reports
PNC Financial confirmed it has bought Solebury Capital, an independent equity advisory firm that specializes in the niche, but growing, market for IPO advising, reported Financial Times. The bank paid roughly $50M for Solebury, according to the report. Reference Link
September 16, 2014
16:30 EDTPNCPNC Financial provides results of Dodd-Frank stress test
PNC Financial reports that during a severely adverse scenario its Tier 1 risk-based capital ratio would be 6%; Common equity Tier 1 capital would be 4.5%. Reference Link

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