Finance

Finance 

Chief Financial Officer (CFO)

Robert Q Reilly is the executive vice president and the chief financial officer of The PNC Financial Services Group. He manages PNC's financial planning, financial risks, record keeping, and financial reporting along with analyzing data.

PNC's stock prices and company financial wellbeing are mostly influenced by interest rates and the economy as a whole. When interest rates are high banks earn more on loans they give out, but when interest rates are low bank profits are also lower. If the economy is doing well with expanding businesses, banks such as PNC who are lenders and investors will have an increase of revenue in the form of payment on capital. So when other sectors in the economy are doing well and earning more, banks such as PNC will also do better.
Based on their financial statements, PNC overall seems to be financially healthy as a company although their stock prices have been dropping recently. With over 380 billion in assets, PNC still sits at the 9th largest Bank in the United States. 

PNC Stock Data from the New York Stock Exchange (NYSE) on Google Finance & The WallStreet Journal:

Figure 1. PNC stock over 1 month. Google Finance (2018) 

Figure 2. PNC stock over 1 year. Google Finance (2018)

This graph from the NYSE shows the stock prices of PNC bank over the span of a month. Overall their stock is going down, but as seen on the graph it's had upward spikes on various days too.












This graph from the NYSE shows the stock prices of PNC bank over the span of a year. It was at it's highest for the year around February to March. Since then their stock has been going down overall with the biggest drop in prices happening in late October to early November. Near the end of November prices started rising, but since December 4th on they've been dropping again.

Figure 3. PNC stock over 3 years. WallStreet Finance (2018)

This graph from the WallStreet Journal shows the stock prices of PNC bank over the span of three years. Overall PNC's stock has been going up since 2016, with it peaking in early 2018. However, since their peak in early 2018 their numbers have been on a continual downward slope with larger drops every so often.

Figure 4. PNC stock over 5 years. Google Finance (2018)

This graph from the NYSE shows the stock prices of PNC bank over the span of five years. Overall, PNC's stock has been going up with it peaking extremely high in early 2018. However, since their peak in early 2018 their numbers have been dropping.

Figure 5. PNC stock pattern since the start of the company.
 Google Finance (2018)

This graph from the NYSE shows the stock prices of PNC bank since their start as a company. Overall, PNC's stock has been going up with it peaking at an all time high in early 2018. However, since their peak in early 2018 their numbers have been steadily dropping.

Figure 6. PNC stock over 3 months compared to
Capital One stock over 3 months. Google Finance (2018)

Figure 7. PNC stock over 3 months compared to
Wells Fargo stock over 3 months. Google Finance (2018)

These two graphs from the NYSE show the stock prices of PNC bank over the span of three months compared to two of their competitors, Capital One and Wells Fargo. Compared to both of these competitors, PNC's stock is doing much better. All three companies stock are currently on the decline, but in both cases PNC's stock is declining at a slower rate and continues to be higher than both.

PNC National Economic Outlook

PNC Annual Financial Reports