Citic Securities: Bank of America still in crisis, regional small and medium banks' turmoil resurfaces.
Under the benchmark expectations of NBER, if some small and medium-sized banks are indeed facing bankruptcy risks, it is expected that the performance of the US stock market will be similar to the bankruptcy event of Silicon Valley Bank (SVB) in 2023, and the market trend will be mainly driven by investor sentiment; in this scenario, the market performance of cyclical industries may continue to be under pressure, while the market performance of defensive industries may be relatively stable.
Recent Dividend Declarations
Company Symbol Yld Per Amount Payable Record Increased New Old Bank OZK OZK
PNC Financial Is Maintained at Hold by Jefferies
PNC Financial Is Maintained at Hold by Jefferies
Jefferies Maintains Hold on PNC Finl Servs Gr, Raises Price Target to $164
Jefferies analyst Ken Usdin maintains PNC Finl Servs Gr (NYSE:PNC) with a Hold and raises the price target from $162 to $164.
PNC Finl Servs Gr Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/03/2024 3.3% Jefferies $162 → $164 Maintains Hold 06/25/2024 15.9% Evercore ISI Group $180 → $184 Maint
PNC Financial (PNC) Announces a 3% Hike in Quarterly Dividend
The PNC Financial Services Group, Inc. has announced a hike in its quarterly common stock dividend. The company declared a quarterly cash dividend of $1.60 per share, marking an increase of 3% from the prior quarter. This dividend will be paid on Aug 5 to shareholders of record as of Jul 15, 2024.
Jefferies Maintains PNC Financial Services(PNC.US) With Hold Rating, Raises Target Price to $164
Jefferies analyst Ken Usdin maintains $PNC Financial Services(PNC.US)$ with a hold rating, and adjusts the target price from $162 to $164.According to TipRanks data, the analyst has a success rate of
Wells Fargo Maintains PNC Financial Services(PNC.US) With Buy Rating, Maintains Target Price $194
Wells Fargo analyst Mike Mayo maintains $PNC Financial Services(PNC.US)$ with a buy rating, and maintains the target price at $194.According to TipRanks data, the analyst has a success rate of 67.2% a
Wells Fargo Keeps Their Buy Rating on PNC Financial (PNC)
Express News | PNC Financial Services Group Inc : Jefferies Raises Target Price to $164 From $162
The PNC Financial Services Group Provides Quarterly 2025 Earnings Release Dates
PITTSBURGH, July 3, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that it expects to issue 2025 quarterly earnings releases pre-market open and hold conferenc
PNC Financial Services To Go Ex-Dividend On July 15th, 2024 With 1.6 USD Dividend Per Share
July 2nd (Eastern Time) - $PNC Financial Services(PNC.US)$ is trading ex-dividend on July 15th, 2024.Shareholders of record on July 15th, 2024 will receive 1.6 USD dividend per share on August 5th, 20
PNC Financial Services Earnings Preview: What to Expect
Express News | PNC Raises Common Stock Dividend to $1.60 per Share
PNC Raises Common Stock Dividend To $1.60 Per Share >PNC
PNC Raises Common Stock Dividend To $1.60 Per Share >PNC
HSBC Adjusts Price Target on PNC Financial Services Group to $162 From $155, Maintains Outperform Rating
PNC Financial Services Group (PNC) has an average outperform rating and a price target range of $152 to $199, according to analysts polled by Capital IQ.
PNC Raises Common Stock Dividend To $1.60 Per Share
PITTSBURGH, July 2, 2024 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.60 per share, an incr
PNC Financial Services(PNC.US) Officer Sells US$98,124.28 in Common Stock
$PNC Financial Services(PNC.US)$ Officer DEMCHAK WILLIAM S sold 641 shares of common stock on Jun 28, 2024 at an average price of $153.08 for a total value of $98,124.28.Source: Announcement What is s
Goldman Sachs Adjusts Price Target on PNC Financial Services to $165 From $164, Maintains Neutral Rating
PNC Financial Services Group, (PNC) has an average rating of outperform and price targets ranging from $152 to $199, according to analysts polled by Capital IQ. Price: 156.00, Change: +0.52, Percent C
After the Federal Reserve's stress test, major Wall Street banks increased dividends and stock buybacks.
On Friday, the US banking industry announced an increase in dividend payouts, such as JPMorgan's plans to buy back $30 billion in stocks and Morgan Stanley receiving approval to buy back as much as $20 billion in stocks. Overnight on Friday, bank stocks rose across the board, with Citigroup rising 3.1% and Wells Fargo & Co. rising 3.43%.