Goldman Q3 Trading Revenue View Weak Amid Slow Fixed-Income Markets [Yahoo! Finance]
PNC Financial Services Group, Inc. (The) (PNC)
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am
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Source: Yahoo! Finance
revenues will probably slide 10% in the third quarter of 2024. The decline will follow a very strong quarter for trading in the third quarter of 2023, when equities revenues jumped 8%. This decline owed to a tough year-over-year comparison and difficult trading conditions in August for fixed-income markets. Solomon also stated that investment banking (IB) continues to improve, even though activity from financial sponsors has not rebounded as much as expected. He added that the firm is hopeful that private equity-led deals will bounce back at the end of this year and in 2025. At the same conference, Citigroup 's C CFO, Mark Mason, stated that the company's IB fees are anticipated to jump 20% in the third quarter of 2024 from the year-ago period. This is likely to be driven by upbeat activity across debt capital markets and mergers and acquisitions. Other banks, including PNC Financial Services Group, Inc. PNC, also provided an update on their third-quarter outlook. PNC expects
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PNC
News
- PNC Declares Dividend of $1.60 on Common Stock [Yahoo! Finance]Yahoo! Finance
- PNC Declares Dividend of $1.60 on Common StockPR Newswire
- PNC Bank Launches Akoya Integration for PINACLE Connect® to Provide More Secure, Transparent Data Access for Corporate Clients [Yahoo! Finance]Yahoo! Finance
- PNC Bank Launches Akoya Integration for PINACLE Connect® to Provide More Secure, Transparent Data Access for Corporate ClientsPR Newswire
- Greater Pittsburgh Community Food Bank says the need is higher than ever [CBS News]CBS News
PNC
Earnings
- 7/17/24 - Beat
PNC
Sec Filings
- 10/4/24 - Form 144
- 10/3/24 - Form 4
- 10/3/24 - Form 4
- PNC's page on the SEC website