- TickerPNC
- ISINUS6934751057
- ExchangeNew York Stock Exchange
- SectorBanks
- CountryUnited States
The independent financial analyst theScreener just allocated a lower risk rating to PNC FINL SVCS GROUP (US), active in the Money Center Banks industry. As regards its fundamental valuation, the title still shows 3 out of 4 possible stars. Its market behaviour, however, has slightly improved and can be qualified as moderately risky. theScreener considers that these elements merit an overall rating upgrade to Neutral. As of the analysis date December 11, 2020, the closing price was USD 143.66 and its expected value was estimated at USD 128.15.
Banco Bilbao Vizcaya Argentaria SA (BBVA or the Bank; rated A (high), Stable) and PNC Financial Services Group, Inc. (PNC, rated A (high), Stable) announced on November 16, 2020, the sale of BBVA's U.S. subsidiary BBVA USA Bancshares to PNC for USD 11.6 billion (EUR 9.7 billion). The deal, which was approved by both banks' boards is the second largest acquisition in the U.S. since the 2008 crisis. The transaction encompasses PNC absorbing all of BBVA's U.S. based activities except for BBVA Securities (a broker dealer), Propel Venture Capital and the New York branch, which will continue to serv...
Waiting on Small-Caps This market continues to be dominated by signals that suggest we are in the early stages of a new bull phase, which we discuss below. At the same time, small-caps continue to be one area of the market that gives us some reason for pause as neither the Russell 2000 or S&P Small Cap 600 indexes have been able to make bullish price or RS inflections. • Small-Caps Still Below Resistance. The major US large- and mid-cap indexes have all decisively broken out to either all-time highs or 52-week highs, leaving small-caps behind. This situation can only happen for so long bec...
Dramatic improvement Encouraging developments continue to pour in. Over the past week we have seen dramatic improvements that could be setting the stage for a broad-based advance. We highlight these improvements below, along with what we would like to see in order to have confidence in labeling this a bull market. • 10-year Treasury yield. We continue to believe that a bottom in Treasury yields is necessary before we see a decisive breakout for the broad equity market. We are seeing signs of this bottom happening -- not only in the absolute chart of the 10-year Treasury yield, but also in ...
Fourth time's a charm? Global equities (ACWI) and the equal-weighted S&P 500 are attempting to break out for the fourth time this year from what has seemed like a never-ending horizontal consolidation period. At some point this consolidation will come to an end, however the weight of the evidence is not yet telling us “this time is different.†Despite some recent encouraging and positive developments from areas such as retail (XRT), EM (EEM), and European Banks (EUFN), we remain in wait-and-see mode as the market approaches resistance. Below we detail why we remain hesitant to call this a...
A director at PNC Financial Services Group Inc bought 26,325 shares at 94.920USD and the significance rating of the trade was 73/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. ...
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
Banco Bilbao Vizcaya Argentaria SA (BBVA or the Bank; rated A (high), Stable) and PNC Financial Services Group, Inc. (PNC, rated A (high), Stable) announced on November 16, 2020, the sale of BBVA's U.S. subsidiary BBVA USA Bancshares to PNC for USD 11.6 billion (EUR 9.7 billion). The deal, which was approved by both banks' boards is the second largest acquisition in the U.S. since the 2008 crisis. The transaction encompasses PNC absorbing all of BBVA's U.S. based activities except for BBVA Securities (a broker dealer), Propel Venture Capital and the New York branch, which will continue to serv...
Rating Action: Moody's affirms PNC's ratings and reviews BBVA USA's ratings for upgrade following acquisition announcement. Global Credit Research- 16 Nov 2020. New York, November 16, 2020-- Moody's Investors Service has affirmed the ratings and assessments of PNC Financial Services Group, Inc. and its subsidiaries following its announcement that it has agreed to acquire BBVA USA Bancshares, Inc. PNC is rated A3 for senior debt.
The independent financial analyst theScreener just allocated a lower risk rating to PNC FINL SVCS GROUP (US), active in the Money Center Banks industry. As regards its fundamental valuation, the title still shows 3 out of 4 possible stars. Its market behaviour, however, has slightly improved and can be qualified as moderately risky. theScreener considers that these elements merit an overall rating upgrade to Neutral. As of the analysis date December 11, 2020, the closing price was USD 143.66 and its expected value was estimated at USD 128.15.
This report was originally published on Feb 5, 2018. It followed an abbreviated note that was issued prior to the close on January 31, 2018. Long/Short Model Portfolio Monthly Update: January 31, 2018There are limitations inherent in our theoretical model results, particularly with the fact that such results do not represent actual trading and they may not reflect the impact material economic and market factors might have had on our decision making if we were actually managing client money. Please see additional disclaimers and disclosures at the back of this report.We highlight stocks that d...
Ford Equity Research covers more than 4,000 stocks using a proprietary quantitative model that evaluates a company’s earnings strength, its relative valuation and recent price movement. Ford’s five recommendation ratings include strong buy, buy, hold, sell, strong sell. For all stocks in our coverage universe, ratings are generated each week and reflect the fundamental and price data as of the last trading day of the week.