NYSE:PNC

GENYOUth AND TASTE OF THE NFL INCREASE ACCESS TO 148 MILLION SCHOOL MEALS, FOSTERING NUTRITION SECURITY AMONG STUDENTS NATIONWIDE

Retrieved on: 
Thursday, March 21, 2024

NEW YORK, March 21, 2024 /PRNewswire/ -- GENYOUth, the national nonprofit organization founded by America's dairy farmers and the NFL to help ensure students are well-nourished and active to be their best selves, announced today that the collective impact of the 2024 Taste of the NFL philanthropic event totaled $2.0 million. These funds, the largest raised by a Taste of the NFL event since its founding in 1992, will benefit 1,000 schools and 550,000 students by increasing access to 148 million school meals to foster nutrition security among students in all 32 NFL club markets. As a result, GENYOUth is inviting school nutrition professionals to apply for Equipment Grants at educator.fuelup.org/opportunities through April 9, 2024. 

Key Points: 
  • These funds, the largest raised by a Taste of the NFL event since its founding in 1992, will benefit 1,000 schools and 550,000 students by increasing access to 148 million school meals to foster nutrition security among students in all 32 NFL club markets.
  • As a result, GENYOUth is inviting school nutrition professionals to apply for Equipment Grants at educator.fuelup.org/opportunities through April 9, 2024.
  • "School meals are a critical lifeline for millions of students, and for many the only source of good nutrition they may receive on some days.
  • "We are grateful for the support of our Taste of the NFL sponsors, the NFL and our End Student Hunger partners.

PNC Names Michael Thomas Head of Corporate & Institutional Banking

Retrieved on: 
Wednesday, March 13, 2024

PITTSBURGH, March 13, 2024 /PRNewswire/ -- PNC Bank today announced that Michael Thomas has been named head of Corporate & Institutional Banking (C&IB), effective immediately.

Key Points: 
  • PITTSBURGH, March 13, 2024 /PRNewswire/ -- PNC Bank today announced that Michael Thomas has been named head of Corporate & Institutional Banking (C&IB), effective immediately.
  • Based in Pittsburgh, Thomas will report to Michael P. Lyons, president.
  • Thomas succeeds Lyons in the role, after Lyons was appointed president Feb. 20, 2024.
  • During his 27-year career at PNC, Thomas has held progressive leadership roles in Debt Capital Markets and Real Estate Banking.

The PNC Financial Services Group Announces First Quarter 2024 Earnings Conference Call, Virtual-Only Annual Shareholders Meeting Details

Retrieved on: 
Tuesday, March 5, 2024

PITTSBURGH, March 5, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the first quarter of 2024 at approximately 6:45 a.m. (ET), Tuesday, April 16, as previously announced.

Key Points: 
  • PITTSBURGH, March 5, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the first quarter of 2024 at approximately 6:45 a.m. (ET), Tuesday, April 16, as previously announced.
  • Separately, PNC will hold its Annual Meeting of Shareholders at 11 a.m. (ET), Wednesday, April 24, in a virtual-only format.
  • 2024 Annual Meeting of Shareholders: Wednesday, April 24, at 11 a.m. (ET)
    The 2024 Annual Meeting of Shareholders will be a virtual-only meeting held via webcast.
  • PNC's 2024 Proxy Statement and 2023 Annual Report are accessible on PNC's website at www.pnc.com/annualreport after their respective issuance dates.

PNC Survey Shows Business Owner Optimism Continues to Soar Amid Improving Economic Conditions

Retrieved on: 
Wednesday, February 28, 2024

PITTSBURGH, Feb. 28, 2024 /PRNewswire/ -- PNC's latest semi-annual survey of small and mid-sized businesses, which concluded Feb. 1, shows that business owner optimism about economic conditions over the next six months has reached a 22-year high amid lessening fears of a recession.

Key Points: 
  • PITTSBURGH, Feb. 28, 2024 /PRNewswire/ -- PNC's latest semi-annual survey of small and mid-sized businesses, which concluded Feb. 1, shows that business owner optimism about economic conditions over the next six months has reached a 22-year high amid lessening fears of a recession.
  • Four in 10 (40%) are highly optimistic about the global economy, up from 25% last fall and 9% a year ago.
  • Nearly two-thirds of business owners (63%) are highly optimistic about their local economy, up from 47% last fall and 30% a year ago.
  • The PNC Economic Outlook survey was conducted by telephone from 1/2/2024 to 2/1/2024, among small and mid-sized business owners/leaders with self-reported revenue of $100,000 to $250 million.

PNC Executive To Speak At RBC Capital Markets Conference

Retrieved on: 
Wednesday, February 21, 2024

PITTSBURGH, Feb. 21, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Executive Vice President and Chief Investment Officer Gagan Singh will discuss business performance and strategy at 1:20 p.m. (ET) Tuesday, March 5, at the RBC Capital Markets Global Financial Institutions Conference  in New York City.

Key Points: 
  • PITTSBURGH, Feb. 21, 2024 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Executive Vice President and Chief Investment Officer Gagan Singh will discuss business performance and strategy at 1:20 p.m. (ET) Tuesday, March 5, at the RBC Capital Markets Global Financial Institutions Conference  in New York City.
  • The following will be accessible at www.pnc.com/investorevents : a link to the live webcast; related materials, including cautionary statements regarding forward-looking information, available prior to the start of the webcast; and a webcast replay available for 30 days.
  • The PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.
  • For information about PNC, visit www.pnc.com .

PNC Appoints Michael P. Lyons President

Retrieved on: 
Tuesday, February 20, 2024

PITTSBURGH, Feb. 20, 2024 /PRNewswire/ -- The PNC Financial Services Group (NYSE: PNC) today announced that its Board of Directors has unanimously appointed Michael P. Lyons president of the corporation and its wholly owned banking subsidiary, PNC Bank, National Association, effective immediately.

Key Points: 
  • PITTSBURGH, Feb. 20, 2024 /PRNewswire/ -- The PNC Financial Services Group (NYSE: PNC) today announced that its Board of Directors has unanimously appointed Michael P. Lyons president of the corporation and its wholly owned banking subsidiary, PNC Bank, National Association, effective immediately.
  • PNC's primary operating lines of business and the Regional Presidents Office will report to Lyons.
  • Lyons, 53, has been an Executive Vice President and Head of Corporate & Institutional Banking (C&IB) since he joined PNC in October 2011.
  • Prior to PNC, Lyons served as global head of corporate development and strategic planning for Bank of America.

PNC Bank Announces Nearly $1 Billion Investment In Coast-to-Coast Branch Network

Retrieved on: 
Wednesday, February 14, 2024

PITTSBURGH, Feb. 14, 2024 /PRNewswire/ -- PNC Bank announced today a significant investment in its branch network aimed at extending access to banking services and financial expertise for customers and communities across the country. The plan includes an approximate $1 billion investment to open more than 100 new locations and renovate more than 1,200 existing locations through 2028.

Key Points: 
  • The plan includes an approximate $1 billion investment to open more than 100 new locations and renovate more than 1,200 existing locations through 2028.
  • Through this investment, PNC will build and open new branches in key locations, including Austin, Dallas, Denver, Houston, Miami, and San Antonio, among others, improving the convenience and reach of its coast-to-coast branch network.
  • "Our branch network is the heartbeat of our Retail business, offering friendly and convenient service to the millions of customers who step through our doors every single month," said Alex Overstrom, head of PNC Retail Banking.
  • PNC Bank, N.A., is a member of The PNC Financial Services Group, Inc. (NYSE: PNC).

The PNC Financial Services Group Announces Fourth Quarter and Full Year Earnings Conference Call Details

Retrieved on: 
Tuesday, December 5, 2023

PITTSBURGH, Dec. 5, 2023 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the fourth quarter and full year 2023 at approximately 6:30 a.m. (ET), Tuesday, Jan. 16, 2024, as previously announced.

Key Points: 
  • PITTSBURGH, Dec. 5, 2023 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the fourth quarter and full year 2023 at approximately 6:30 a.m. (ET), Tuesday, Jan. 16, 2024, as previously announced.
  • PNC Chairman, President and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 11 a.m. (ET).
  • The following will be accessible at www.pnc.com/investorevents : a link to the live audio webcast on the day of the conference call; presentation slides, earnings release and supplementary financial information; and a webcast replay available for 30 days.
  • A telephone replay of the call will be available for one week at (800) 633-8284 and (402) 977-9140 (international), Conference ID 22028514.

2024 outlook from ASU and national economists

Retrieved on: 
Tuesday, November 28, 2023

TEMPE, Ariz., Nov. 28, 2023 /PRNewswire/ -- A precise 2024 economic outlook would be invaluable, given such an evaluation is complex. While a recession is becoming less likely, many unanswered questions remain, and we are still concerned about inflation. The ongoing crisis in Ukraine, the war in the Middle East, and tensions with China contribute to the continuing instability in the world economy. The sustained popularity of remote work is affecting commercial real estate and office financing. Climate change led to billion-dollar productivity losses in the U.S. economy. But we can give thanks for substantial growth driven by technological investments in Phoenix's West Valley.

Key Points: 
  • TEMPE, Ariz., Nov. 28, 2023 /PRNewswire/ -- A precise 2024 economic outlook would be invaluable, given such an evaluation is complex.
  • While a recession is becoming less likely, many unanswered questions remain, and we are still concerned about inflation.
  • The ongoing crisis in Ukraine, the war in the Middle East, and tensions with China contribute to the continuing instability in the world economy.
  • To schedule an interview with Augustine Faucher, contact Heidi Hurst, vice president of regional communications for PNC Bank, at [email protected] .

PNC Executives To Speak At Goldman Sachs Conference

Retrieved on: 
Tuesday, November 21, 2023

PITTSBURGH, Nov. 21, 2023 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q. Reilly will discuss business performance, strategy and banking at 1:00 p.m. (ET) Tuesday, Dec. 5, at the Goldman Sachs US Financial Services Conference in New York City.

Key Points: 
  • PITTSBURGH, Nov. 21, 2023 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q. Reilly will discuss business performance, strategy and banking at 1:00 p.m. (ET) Tuesday, Dec. 5, at the Goldman Sachs US Financial Services Conference in New York City.
  • The following will be accessible at www.pnc.com/investorevents : a link to the live webcast; related materials, including cautionary statements regarding forward-looking information, available prior to the start of the webcast; and a webcast replay available for 30 days.
  • The PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.
  • For information about PNC, visit www.pnc.com .