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In the second quarter of 2020 PNC divested its entire 22.4% equity investment in BlackRock. Net proceeds from the sale were $14.2 billion. For all periods presented, BlackRock's historical results, and the after-tax gain on the sale of $4.3 billion, are reported as discontinued operations.
Latest news on PNC (PNC Financial Services Group, Inc.), one of the largest banks in the US, headquartered in Pittsburgh, Pennsylvania and with operations in several other states.
Commercial loans of $199.6 billion, including $38.5 billion from BBVA USA, increased $35.1 billion reflecting acquired loans and growth in PNC's legacy corporate banking and business credit businesses, partially offset by $4.5 billion of legacy PNC Paycheck Protection Program (PPP) loan forgiveness.
30 Οκτ 2024 · PNC Announces Redemption Of All Depositary Shares Representing Interests In Series R Preferred Stock. Oct 25, 2024 8:50am EDT. PNC Executives to Speak at BancAnalysts Association of Boston Conference. Oct 22, 2024 8:29am EDT. PNC Announces Redemption of Senior Floating Rate Bank Notes Due Dec. 2, 2024 and 5.671% Fixed Rate/Floating Rate Senior ...
18 Ιαν 2022 · PNC Reports Full Year 2021 Net Income Of $5.7 Billion, $12.70 Diluted EPS Or $14.18 As Adjusted. Fourth quarter net income was $1.3 billion, $2.86 diluted EPS or $3.68 as adjusted. Generated full year record revenue; closed, converted and integrated BBVA USA.
14 Απρ 2023 · Key results from the Pittsburgh-based bank: Net income attributable to common shareholders of $1.61 billion, up 18% from a year ago. Earnings of $3.98 a share, beating analyst expectations.
30 Οκτ 2024 · PNC Bank Launches Akoya Integration for PINACLE Connect® to Provide More Secure, Transparent Data Access for Corporate Clients. Feature enhances the ability of corporate clients to securely share their financial data with third parties. Oct 1, 2024.
