US economy contracts at 0.3% rate in Q1, first GDP pullback in 3 years [Yahoo! Finance Canada]
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 Canada
The Bureau of Economic Analysis' advance estimate of first quarter US gross domestic product (GDP showed economic growth contracted at an annualized rate of 0.3% during the year's first three months, more than the 0.2% decline expected by economists surveyed by Bloomberg. The reading came in significantly lower than the 2.4% rate of growth seen in the fourth quarter of 2024. This marked the first quarter of negative GDP growth since the first quarter of 2022. "While a decline during an expansion is unusual, it's not unheard of and the economy isn't in a recession," Oxford Economics chief US economist Ryan Sweet wrote in a note to clients on Wednesday. The decline was driven by a large surge in imports, which are a subtraction in the calculation of GDP. Imports surged at an annualized rate of 41.3% in the first quarter as companies front-loaded orders ahead of anticipated tariffs from the Trump administration. The surge in imports was good for a -5% contribution to the GDP calcu
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News
- The PNC Financial Services Group, Inc. (PNC) Draws Mixed Analyst Views Despite Higher Price Targets [Yahoo! Finance]Yahoo! Finance
- The PNC Financial Services Group (NYSE:PNC) had its "buy (b)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- The PNC Financial Services Group (NYSE:PNC) had its price target raised by analysts at Truist Financial Corporation from $210.00 to $229.00. They now have a "hold" rating on the stock.MarketBeat
- The PNC Financial Services Group (NYSE:PNC) had its price target raised by analysts at Keefe, Bruyette & Woods from $215.00 to $228.00. They now have a "market perform" rating on the stock.MarketBeat
- PNC Multifamily Capital Announces 100th Affordable Housing Fund; Driving Nationwide Impact [Yahoo! Finance]Yahoo! Finance
PNC
Earnings
- 10/15/25 - Beat
PNC
Sec Filings
- 12/16/25 - Form S-8
- 12/12/25 - Form 8-K
- 12/9/25 - Form 4
- PNC's page on the SEC website