PNC Financial Services Group (PNC)
PNC Financial Services Group is a major American financial services corporation offering banking, investment management, and mortgage services. Founded in 1852, it has grown to become one of the largest diversified financial institutions in the United States, serving individuals, businesses, and government entities through a network of branches, ATMs, and digital platforms.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| August 5, 2025 | $1.70 | 2025-07-15 | 2025-07-15 |
| May 5, 2025 | $1.60 | 2025-04-16 | 2025-04-16 |
| February 5, 2025 | $1.60 | 2025-01-15 | 2025-01-15 |
| November 5, 2024 | $1.60 | 2024-10-16 | 2024-10-16 |
| August 5, 2024 | $1.60 | 2024-07-15 | 2024-07-15 |
Dividends Summary
- PNC Financial Services Group has issued 87 dividend payments over the past 21 years
- The most recent dividend was paid 46 days ago, on August 5, 2025
- The highest dividend payed out to investors during this period was $1.7 per share
- The average dividend paid during this period was $0.75 per share.
Company News
Medical device company Bruker announced a $600 million mandatory convertible preferred stock offering to retire debt, causing an 11.68% stock price decline on Wednesday.
CubeSmart announced a $450 million senior unsecured notes offering priced at 98.656% with a 5.295% yield to maturity, expected to close on August 20, 2025. The proceeds will be used to repay outstanding debt and for general corporate purposes.
US Financial 15 Split Corp has declared a monthly distribution of $0.05817 for each Preferred share, or 10.00% annually based on the previous month end net asset value. The distribution is payable on June 10, 2025 to shareholders on record as at May 30, 2025.
PNC Financial reported Q2 earnings that beat estimates by $0.41, but revenue fell short of consensus. The company's stock price has risen 14.29% in the last 3 months and 32.92% in the last 12 months.
PNC Financial Services Group, Inc. is expected to report a decline in earnings for the second quarter of 2024, despite an improvement in revenues. The company's lending activities and net interest income are likely to have been impacted by the high interest rate environment, while non-interest revenues are expected to have improved. Expenses are also expected to have risen, limiting bottom-line growth.
