PNC
NYSE:PNC
PNC Financial Services Group
- Stock
160.99
+0.19%
−33.01
news - 13 hours ago
Antero Resources Corporation $AR Holdings Boosted by Raymond James Financial Inc.
Raymond James Financial Inc. increased its stake in Antero Resources Corporation by 10.7%, now owning 4,423,044 shares valued at approximately $178.9 million, as disclosed in an SEC filing. Antero Resources reported a quarterly earnings per share of $0.35, falling short of analyst expectations of $0.68, despite a 32.6% year-over-year revenue increase to $1.30 billion. Institutional investors including Dimensional Fund Advisors LP, Invesco Ltd., Beacon Harbor Wealth Advisors Inc., CWM LLC, Slate Path Capital LP, PNC Financial Services Group Inc., and Bessemer Group Inc. have significantly adjusted their holdings, reflecting strong institutional interest. The company's market capitalization is $9.49 billion with a P/E ratio of 19.56 and a debt-to-equity ratio of 0.15. Wall Street analysts have issued various ratings and price targets, with Raymond James raising its target from $57.00 to $58.00 and giving a 'strong-buy' rating, while the overall average rating is 'Moderate Buy' and average price target is $43.00. Antero Resources shares traded up to $30.7050 during mid-day trading, with a trading volume of 5.2 million shares. The company operates in the United States in the oil and natural gas sector, with operations divided into Exploration and Development, Marketing, and Equity Method Investment in Antero Midstream.
marketbeat.comnews - Aug 21, 2025 - 15:40
US Financial 15 Split Corp declares monthly preferred share distribution
US Financial 15 Split Corp announced a monthly preferred share distribution of $0.06708 per share, resulting in an annual yield of 10.00% based on the previous month’s net asset value. The distribution is payable on September 10, 2025, to shareholders on record as of August 29, 2025. The company reported a 63% return over the past year and an 11.5% year-to-date gain, with a beta of 3.38 and a 'GREAT' financial health score from InvestingPro. The portfolio includes 15 U.S. financial services companies such as American Express, Bank of America, JPMorgan Chase, Goldman Sachs, Wells Fargo, Bank of New York Mellon, Citigroup, CME Group, Fifth Third Bancorp, Morgan Stanley, PNC Financial Services Group, Regions Financial, State Street, SunTrust Banks, and U.S. Bancorp. The preferred shares trade under the ticker FTU.PR.B.
investing.comnews - Aug 21, 2025 - 12:08
PNC Financial Services Stock: Is Wall Street Bullish or Bearish?
PNC Financial Services Group, Inc. is a regional banking company headquartered in Pittsburgh, Pennsylvania, with a market cap of $76 billion. Over the past year, PNC stock has underperformed both the broader S&P 500 Index and the iShares U.S. Regional Banks ETF (IAT), with a year-to-date decline of 1.1% compared to the S&P 500's 8.7% rise. In its second-quarter earnings report on July 16, PNC reported a net income of $3.85 per diluted share, up from $3.39 the previous year, with total revenue reaching $5.7 billion. Analysts expect the company's earnings per share to grow 11.4% to $15.50 for the full fiscal year. The consensus rating among 24 analysts is a 'Moderate Buy,' with 13 'Strong Buy' ratings, two 'Moderate Buy,' eight 'Holds,' and one 'Strong Sell.' On July 30, Oppenheimer upgraded PNC to 'Outperform' from 'Perform' with a $238 price target, indicating a 9.9% premium over current levels. The mean price target is $214.23.
newsbreak.comnews - Aug 21, 2025 - 11:04
Truist's Path To Long-Term Growth: Branching Out And Going Digital
Truist Financial has unveiled a multi-year growth strategy combining physical branch expansion with digital innovation to serve mass affluent and Premier clients. Over the next five years, the bank plans to open 100 new branches and renovate over 300 existing locations in key U.S. cities such as Atlanta, Austin, Charlotte, Dallas, Miami, Orlando, Philadelphia, and Washington, DC. Digital banking continues to grow, with 43% of new accounts opened digitally in 2025, including 37,000 new checking accounts in the second quarter. The bank is enhancing its digital offerings through AI-powered tools like Truist Assist and Truist Insights, as well as launching Truist Merchant Engage to modernize small and midsize business payments. Truist is also strengthening its Commercial and Corporate Banking division through strategic hiring in healthcare, energy, technology, and consumer sectors. The strategy positions Truist against regional peers like PNC Financial, Fifth Third Bancorp, and Huntington, which are also expanding their branch networks or pursuing acquisitions. Truist shares have outperformed the industry in the past three months, rising 12.4% compared to an 11.6% industry gain.
barchart.comnews - Aug 21, 2025 - 09:51
Black Stone Minerals (NYSE:BSM) Hits New 52-Week Low - Time to Sell?
Black Stone Minerals (NYSE: BSM) reached a new 52-week low of $11.94 during mid-day trading on August 18, 2025, closing at $11.96, following a reported quarter with revenue of $159.49 million and earnings per share (EPS) of $0.53, which exceeded expectations. The company reported a net margin of 61.21% and a return on equity of 39.67%. Analysts have downgraded the stock, with Piper Sandler reducing its target price from $14.00 to $13.00 and assigning a 'neutral' rating, while Wall Street Zen changed its rating from 'buy' to 'hold'. The company announced a quarterly dividend of $0.30 per share, resulting in an annualized dividend of $1.20 and a yield of 10.0%, with a payout ratio of 103.45%. CEO Thomas L. Carter, Jr. purchased 9,200 shares at $12.36, increasing his ownership to 3,431,031 shares valued at $42,407,543.16, while a Senior Vice President sold 36,900 shares at $13.56, reducing their position by 18.20%. Over the past 90 days, corporate insiders collectively purchased 95,910 shares worth $1,189,002, representing 17.80% of insider holdings. Institutional investors including SVB Wealth LLC, PNC Financial Services Group Inc., NBC Securities Inc., North Capital Inc., and Motco have increased their stakes, with NBC Securities Inc. increasing its position by 202,400.0% to 2,025 shares valued at $30,000. Institutional investors currently own 14.49% of the company. The company has a debt-to-equity ratio of 0.12, current and quick ratios of 3.22, a market cap of $2.53 billion, a P/E ratio of 10.31, and a beta of 0.28. Black Stone Minerals, L.P. owns and manages oil and natural gas mineral interests across approximately 16.8 million gross acres in 41 U.S. states. The earnings were announced on August 4, 2025.
marketbeat.comDescription
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as certificates of deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loa...Show More
Earnings
Earnings per Share (Estimate*)
Revenue (Estimate*)
*Estimate based on analyst consensus