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NYSE:BBT

The PNC Financial Services Group (BBT) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
N/A
50-Day Range
$54.24
$60.19
52-Week Range
N/A
Volume
6.71 million shs
Average Volume
5.06 million shs
Market Capitalization
$45.36 billion
P/E Ratio
N/A
Dividend Yield
3.32%
Price Target
N/A
BBT stock logo

About The PNC Financial Services Group Stock (NYSE:BBT)

Truist Financial Corp. operates as a financial holding company, which engages in the provision of banking services to individuals, businesses and municipalities. The firm offers a variety of loans and lease financing to individuals and entities, including insurance premium financing, permanent commercial real estate financing arrangements, loan servicing for third-party investors, direct consumer finance loans to individuals, credit card lending, automobile financing and equipment financing. It also markets a range of other services, including deposits, life insurance, property and casualty insurance, health Truist Financial Corp. operates as a financial holding company. It engages in the provision of banking services to individuals, businesses and municipalities. The company operates through the following segments: Consumer Banking and Wealth; Corporate and Commercial Banking; and Insurance Holdings. The firm offers a variety of loans and lease financing to individuals and entities, including insurance premium financing, permanent commercial real estate financing arrangements, loan servicing for third-party investors, direct consumer finance loans to individuals, credit card lending, automobile financing and equipment financing. It also markets a range of other services, including deposits, life insurance, property and casualty insurance, health insurance and commercial general liability insurance on an agency basis and through a wholesale insurance brokerage operation, merchant services, trust and retirement services, comprehensive wealth advisory services, asset management and capital markets services. The company was founded on December 6, 2019 and is headquartered in Charlotte, NC. insurance and commercial general liability insurance on an agency basis and through a wholesale insurance brokerage operation, merchant services, trust and retirement services, comprehensive wealth advisory services, asset management and capital markets services. The company was founded on December 6, 2019 and is headquartered in Charlotte, NC.

BBT Stock News Headlines

PNC Bank CD Rates: May 2024
Who Owns Bank of New York Mellon?
KBW Reaffirms Their Sell Rating on PNC Financial (PNC)
PNC Financial Services Group Inc PNC
PNC Financial (PNC) Receives a Buy from RBC Capital
PNC commits $10M to affordable housing in Austin
PNC Bank CD Rates: February 2024
See More Headlines
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Industry, Sector and Symbol

Sector
Finance
Industry
Banks - Regional
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
34,723
Year Founded
1852

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Market Cap
$45.36 billion
Optionable
Optionable
Beta
N/A

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Key Executives

  • Kelly S. King
    Chairman & Chief Executive Officer
  • Bill Rogers
    President, Chief Operating Officer & Director
  • Daryl N. Bible
    Chief Financial Officer & Senior Executive VP
  • Scott E. Case
    Chief Information Officer
  • Clarke R. Starnes
    Chief Risk Officer & Senior Executive VP

Should I Buy The PNC Financial Services Group Stock? BBT Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in The PNC Financial Services Group:

  • The current stock price of The PNC Financial Services Group is showing a steady upward trend, indicating potential for capital appreciation.
  • The company has a strong track record of consistent dividend payments, providing investors with a reliable income stream.
  • The PNC Financial Services Group has a diversified business model, reducing risk exposure to any single sector or market.
  • Recent financial reports show a healthy balance sheet with manageable debt levels, indicating financial stability.
  • Analysts have a positive outlook on the company's future performance, with many recommending it as a buy or hold.

Cons

Investors should be bearish about investing in The PNC Financial Services Group for these reasons:

  • The financial services industry is highly regulated, which could lead to increased compliance costs and regulatory risks for the company.
  • Economic downturns or interest rate fluctuations can impact the company's profitability and financial performance.
  • Competition in the financial services sector is intense, potentially affecting market share and margins for The PNC Financial Services Group.
  • Changes in consumer behavior or preferences could require significant investments in technology and innovation to stay competitive.
  • Global economic uncertainties or geopolitical events may pose risks to the company's international operations and revenue streams.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, June 5, 2024. Please send any questions or comments about these The PNC Financial Services Group pros and cons to contact@marketbeat.com.

BBT Stock Analysis - Frequently Asked Questions

Is The PNC Financial Services Group a good dividend stock?

The PNC Financial Services Group (NYSE:BBT) pays an annual dividend of $1.80 per share and currently has a dividend yield of 3.32%. The dividend payout ratio is 33.09%. This payout ratio is at a healthy, sustainable level, below 75%.

What other stocks do shareholders of The PNC Financial Services Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The PNC Financial Services Group investors own include Southern (SO), Coca-Cola (KO), Duke Energy (DUK) and Bank of America (BAC).

Does The PNC Financial Services Group have any subsidiaries?
The following companies are subsidiares of The PNC Financial Services Group: Ambassador Financial Group, BBVA USA, Fortis Advisors, Mercantile Bankshare Corporation, National City Corporation, PNC Bancorp, PNC Bank National Association, PNC Capital Finance, PNC Capital Markets, PNC Equipment Finance, PNC Holding, PNC Investment Company, PNC Merchant Services Company, PNC NCNVINV, Riggs Bank, Sterling Financial Corporation, United National Bancorp, and Yardville National Bancorp.
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This page (NYSE:BBT) was last updated on 6/10/2024 by MarketBeat.com Staff

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