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PNC / PNC reportedly cutting jobs but company remains mum on the number of people affected

PNC reportedly cutting jobs but company remains mum on the number of people affected
PNC Financial Services Group Inc. PNC, +1.19% is reducing its staffing levels but it has yet to provide a specific number of people to be affected by the action, according to reports. The Pittsburgh-based lender with about 60,000 employees said in a statement reported by at least two news outlets that it's reviewing its organizational structure including a shift away from work not fully aligned to its strategic priorities. Read More
Posted: Oct 11 2023, 09:47
Author Name: Market Watch
Views: 092026

PNC News  

PNC Financial (PNC) Q3 Earnings Surpass on Lower Expenses

By Zacks Investment Research
October 16, 2023

PNC Financial (PNC) Q3 Earnings Surpass on Lower Expenses

Shares of PNC Financial (PNC) gain 1.5% on better-than-expected Q3 earnings, banking on decent expense-control efforts. more_horizontal

PNC Financial Group Begins Reducing Workforce by 4%

By PYMNTS
October 13, 2023

PNC Financial Group Begins Reducing Workforce by 4%

PNC Financial Group began staff reductions that will decrease its workforce by 4%. The move is expected to reduce the company's 2024 expenses by $325 more_horizontal

The PNC Financial Services Group, Inc. (PNC) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 13, 2023

The PNC Financial Services Group, Inc. (PNC) Q3 2023 Earnings Call Transcript

The PNC Financial Services Group, Inc. (NYSE:PNC ) Q3 2023 Earnings Conference Call October 13, 2023 11:00 AM ET Company Participants Bryan Gill - Dir more_horizontal

PNC Bank stocks drop amid weak loan demand, rising costs

By Yahoo Finance
October 13, 2023

PNC Bank stocks drop amid weak loan demand, rising costs

"PNC Bank (PNC) shares are down approximately 2.7% following lower third-quarter earnings, with weak results in trading revenue, loan syndication, and more_horizontal

PNC Financial (PNC) Q3 Earnings Beat Estimates, Stock Down

By Zacks Investment Research
October 13, 2023

PNC Financial (PNC) Q3 Earnings Beat Estimates, Stock Down

Lower provisions and a fall in expenses support PNC Financial's (PNC) Q3 earnings. However, a decrease in NII and fee income are headwinds. more_horizontal

The PNC Financial Services Group, Inc (PNC) Reports Q3 Earnings: What Key Metrics Have to Say

By Zacks Investment Research
October 13, 2023

The PNC Financial Services Group, Inc (PNC) Reports Q3 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for The PNC Financial Services Group, Inc (PNC) give a sense of how its business performed in the quarter ended September more_horizontal

PNC Financial Services posts 3Q revenue miss and drop in earnings

By Proactive Investors
October 13, 2023

PNC Financial Services posts 3Q revenue miss and drop in earnings

PNC Financial Services (NYSE:PNC) shares fell more than 3% in early trade after the Pennsylvania-based bank and financial services firm reported a rev more_horizontal

The PNC Financial Services Group, Inc (PNC) Q3 Earnings Top Estimates

By Zacks Investment Research
October 13, 2023

The PNC Financial Services Group, Inc (PNC) Q3 Earnings Top Estimates

The PNC Financial Services Group, Inc (PNC) came out with quarterly earnings of $3.60 per share, beating the Zacks Consensus Estimate of $3.18 per sha more_horizontal


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