Says remains well-capitalized. Says continues to be well-positioned with capital flexibility. Says expects Fed rate cut to occur in July and November. Expects economic expansion in 2H24.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PNC:
- Options Volatility and Implied Earnings Moves Today, April 16, 2024
- PNC Reports First Quarter 2024 Net Income of $1.3 Billion, $3.10 Diluted EPS, or $3.36 Excluding a $130 Million FDIC Special Assessment
- Is PNC a Buy, Before Earnings?
- PNC Financial price target raised to $171 from $164 at Jefferies
- PNC Financial price target raised to $165 from $163 at UBS