PNC Financial Services Group Stock Falls 9% At Session Start On Monday, Underperforms Market

(VIANEWS) – Shares of PNC Financial Services Group (NYSE: PNC) slid 9.07% to $124.72 at 10:22 EST on Monday, after five successive sessions in a row of losses. NYSE is falling 0.78% to $14,778.26, after two successive sessions in a row of losses. This seems, up until now, a somewhat bearish trend exchanging session today.

PNC Financial Services Group’s last close was $137.16, 31.22% under its 52-week high of $199.43.

About PNC Financial Services Group

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as certificates of deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and investment and cash management services. This segment serves consumer and small business customers through a network of branches, ATMs, call centers, and online and mobile banking channels. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, and equipment leases; cash and investment management services, receivables and disbursement management services, funds transfer services, international payment services, and access to online/mobile information management and reporting; foreign exchange, derivatives, fixed income, securities underwriting, loan syndications, and mergers and acquisitions and equity capital markets advisory related services; and commercial loan servicing and technology solutions. It serves mid-sized and large corporations, and government and not-for-profit entities. The company's Asset Management Group segment offers investment and retirement planning, customized investment management, credit and cash management solutions, and trust management and administration services for high net worth and ultra high net worth individuals, and their families; and multi-generational family planning services for ultra high net worth individuals and their families. It also provides outsourced chief investment officer, custody, private real estate, cash and fixed income client solutions, and fiduciary retirement advisory services for institutional clients. The company has 2,591 branches and 9,502 ATMs. The company was founded in 1852 and is headquartered in Pittsburgh, Pennsylvania.

Earnings Per Share

As for profitability, PNC Financial Services Group has a trailing twelve months EPS of $19.14.

PE Ratio

PNC Financial Services Group has a trailing twelve months price to earnings ratio of 6.52. Meaning, the purchaser of the share is investing $6.52 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.04%.

Volume

Today’s last reported volume for PNC Financial Services Group is 3489389 which is 39.55% above its average volume of 2500380.

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