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Insider Trading

PNC Financial Services Group Insider Sold Shares Worth $341,957, According to a Recent SEC Filing

Alexander E. C. Overstrom, Executive Vice President, on June 08, 2026, sold 1,500 shares in PNC Financial Services Group (PNC) for $341,957. Following the Form 4 filing with the SEC, Overstrom has control over a total of 19,620 common shares of the company, with 19,620 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/713676/000162828026042159/xslF345X05/wk-form4_1781118344.xmlPrice: $232.81, Change: $+0.63, Percent Change: +0.27%

$PNC
Wire

Jefferies Adjusts Price Target on PNC Financial Services to $280 From $275, Maintains Buy Rating

PNC Financial Services (PNC) has an average rating of overweight and mean price target of $254.25, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $218.10, Change: $-2.61, Percent Change: -1.18%

$PNC
Wire

JPMorgan Adjusts Price Target on PNC Financial Services to $238 From $237.50

PNC Financial Services (PNC) has an average rating of overweight and mean price target of $253.60, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $222.78, Change: $+4.07, Percent Change: +1.86%

$PNC
Wire

PNC Financial Services' Growth and Margin Expansion Boosted by FirstBank Deal, RBC Says

PNC Financial Services (PNC) reported a strong Q1 marked by standout growth in net interest income and margin expansion, supported by its FirstBank acquisition, RBC Capital Markets said in a Wednesday note.The company posted Q1 adjusted EPS of $4.32, above RBC's estimate of $4.14, while revenue rose 13% year over year to $6.17 billion, RBC said.Higher net interest income and contributions from fee-based businesses led to revenue growth, the firm said.Net interest income rose 14% from a year earlier, while net interest margin expanded 11 basis points to 2.95%, RBC said.Loan growth also accelerated, with period-end loans rising 13% year over year to $360.9 billion, including 18% growth in commercial and industrial loans, the report said.RBC maintained its outperform rating and $235 price target on PNC Financial Services.Price: $222.54, Change: $+0.47, Percent Change: +0.21%

$PNC
Research

Research Alert: CFRA Maintains Buy Opinion On Shares Of The Pnc Financial Services Group, Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:After reviewing Q1 2026 earnings, we increase our 12-month target price by $10 to $300, 14.3x our 2027 EPS estimate, a premium to the peer average of 10.0x given PNC's more stable operating model. With the FirstBank acquisition off to a strong start, we raise our 2026 EPS estimate by $0.97 to $18.96 and increase 2027's by $1.45 to $20.92. PNC is performing well, with balance sheet growth exceeding its competitors and strong organic growth prospects driven by branch expansion into high-growth states. The company's solid first-quarter performance enabled it to raise guidance for both loan growth and net interest income while holding expense guidance steady, a positive signal for future profitability. Regarding concerns about Non-Depository Financial Institution (NDFI) loan exposure, PNC appears to be well protected. Roughly 90% of these loans carry investment-grade ratings and management considers them among the bank's safest assets. Shares yield a healthy 3.0%

$PNC
Research

Research Alert: Pnc: Q1 Earnings Beat On Surging Loan Balances

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:PNC posted strong Q1 2026 results with adjusted EPS of $4.32 vs. $3.51 prior year, $0.16 above consensus. Results include the FirstBank acquisition completed January 6, adding $26B in assets, $16B in loans, and $23B in deposits. Balance sheet growth exceeded our expectations with 9% loan growth driven by the acquisition plus new production and increased utilization rates. Net interest income jumped 6% with NIM expanding 11 basis points to 2.95%, continuing PNC's asset repricing story as deposit costs fell 18 basis points. We note the deposit mix meaningfully improved as noninterest-bearing balances surged 8% vs. 4% overall deposit growth. Credit quality remained strong with core net charge-offs at 0.24% annualized, up from 0.20% but excluding $45M of acquired FirstBank charge-offs. The allowance decreased to 1.52% of loans from 1.58%, reflecting disciplined underwriting standards and the FirstBank portfolio addition.

$PNC
US Markets

Stocks Down Pre-Bell as Traders Monitor Developments on US-Iran Peace Talks

The main US stock measures were pointing lower in Wednesday's premarket activity as traders monitor updates on the potential revival of peace talks between the US and Iran and await more bank earnings.The S&P 500, the Dow Jones Industrial Average and the Nasdaq declined 0.2% each before the opening bell. The indexes finished Tuesday trading higher, with the Nasdaq extending its winning streak to a tenth consecutive session.President Donald Trump told the New York Post on Tuesday that additional negotiations with Iran over a peace deal "could be happening over next two days" in Pakistan. A second round of talks between Washington and Tehran is currently under discussion, although nothing has been officially scheduled yet, CNBC reported Tuesday, citing a White House official.In a Fox Business interview, Trump said he views the Iran war as "very close to over."Over the weekend, US-Iran peace negotiations in Pakistan ended without a deal. Following that setback, the US navy started a blockade of Iranian ports in the crucial Strait of Hormuz. A two-week ceasefire between the US and Iran, however, still holds.West Texas Intermediate crude oil inclined 1.8% to $92.96 a barrel in premarket action, while Brent rose 2.2% to $90.13.The International Energy Agency on Tuesday forecast global oil demand to turn negative this year due to the Middle East conflict, penciling in the sharpest consumption decline in the second quarter since the COVID-19 pandemic.Treasury Secretary Scott Bessent reportedly said at an event on Tuesday that the Trump administration's tariffs may be restored by July to the levels in place before the Supreme Court invalidated them in February.Treasury yields were moving upwards before the open, with the two-year rate gaining 0.4 basis points to 3.76% and the 10-year rate adding 0.6 basis points to 4.26%.Bank of America (BAC), Morgan Stanley (MS), Progressive (PGR), PNC Financial Services (PNC), M&T Bank (MTB) and First Horizon (FHN) are all scheduled to post their quarterly earnings before the bell, among others. J.B. Hunt Transport Services (JBHT) releases its results after the markets close.ASML's (ASML) US-listed stock nudged 0.8% lower pre-bell after the Dutch chip equipment maker reported its quarterly results. Broadcom (AVGO) gained 3.1% as the chipmaker expanded its partnership with Meta Platforms (META) to support the technology giant's artificial intelligence compute infrastructure.Government data on Tuesday showed that producer prices growth steadied in March as wholesale costs of energy surged amid volatility stemming from the Iran war.Wednesday's economic calendar has the weekly mortgage applications bulletin at 7 am ET, followed by the Empire State manufacturing index for April and the import and export prices report for March, both at 8:30 am. The housing market index for this month is out at 10 am, while the EIA domestic petroleum inventories report is due at 10:30 am.The Federal Reserve's Beige Book, a compilation of economic and business reports from the 12 regional Fed branches, posts at 2 pm.Fed Governor Michael Barr is slated to speak at 8:30 am, while Fed Vice Chair for Supervision Michelle Bowman speaks at 1:45 pm.Gold slipped 0.7% to $4,818 per troy ounce, while bitcoin ticked down 0.2% to $74,132.

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