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0 0.000267881060808884 0.000223234217340758 -0.000669702652022527 -0.00625055808554338 -0.0085721939458881 -0.0085721939458881 -0.0085721939458881
Stock impact report

The PNC Financial Services Group Q1 Earnings Call Highlights [Yahoo! Finance]

PNC Financial Services Group, Inc. (The) (PNC) 
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am Check Earnings Report
Company Research Source: Yahoo! Finance
deposits with a mid-June conversion planned; PNC expects roughly $325 million of 2026 merger/integration costs (about $98M in Q1, ~$150M in Q2) and targets cost saves to run-rate by Q4. Solid operating performance and guidance — Q1 average loans rose to $351 billion (up $23B QoQ), net interest margin expanded to 2.95% (+11 bps), and net income was $1.8 billion; management expects NIM above 3% in H2 and reiterated full-year targets including ~11% loan growth and double-digit revenue gains. Credit and capital outlook — management described credit quality as stable with limited exposure to private-credit/NDFI stress (net charge-off rate ~24 bps excluding acquisition items), CET1 at ~10.1% post-acquisition, and an initial view that the Basel III proposal would be net positive (RWA reduction ~10%). Interested in The PNC Financial Services Group, Inc? Here are five stocks we like better. PNC Prepping for Its Best Year—Is Anyone Noticing? The PNC Financial Services Group (NYSE:PNC) Show less Read more
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