pnc.mediaroom

News Releases

PITTSBURGH Sept. 26, 2025 --The PNC Financial Services Group, Inc. (NYSE: PNC) strongly rejects false claims of a cybersecurity incident made by criminal actors on a dark web forum. This ...
PNC Financial Services Group MediaRoom

PNC BANK, N.A. CHANGES PRIME RATE

PNC Bank, N.A. announced a decrease in its prime lending rate. The new rate of 7.25% is effective tomorrow, Sept. 18, 2025. PNC Bank, National Association, is a member of The PNC ...
pnc.mediaroom

PNC Announces Agreement to Acquire FirstBank, Significantly Growing its Presence in Colorado and Arizona

PITTSBURGH and LAKEWOOD, Colo., Sept. 8, 2025 /PRNewswire/ --The PNC Financial Services Group, Inc. (NYSE: PNC) today announced a definitive agreement to acquire FirstBank Holding Company, including ...
pnc.mediaroom

Small, Mid-Sized Business Owners Hit Record Levels of Optimism Despite Lower Profit Expectations, Inflation Concerns

A survey-high 84% of owners are optimistic about prospects for their own business, up from the spring (78%) and last fall (76%). The top potential risk owners foresee for their business over the next ...
pnc.mediaroom

PNC Announces Agreement To Buy BBVA USA Bancshares, Inc.

PITTSBURGH, Nov. 16, 2020 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) and the Spanish financial group, Banco Bilbao Vizcaya Argentaria, S.A. (NYSE and MAD: BBVA) today announced ...
pnc.mediaroom

PNC Announces $88 Billion Community Benefits Plan

PITTSBURGH, April 27, 2021 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced a Community Benefits Plan to provide $88 billion in loans, investments, and other ...
pnc.mediaroom

PNC Christmas Price Index Increases 5.4%, Significantly More Than The U.S. Consumer Price Index

The PNC CPI measures the change in prices consumers could expect to pay for True Love's gifts from the classic holiday carol, "The Twelve Days of Christmas." Data is compiled by PNC's Investment ...
pnc.mediaroom

PNC Launches Low Cash Mode(SM) To Address $17 Billion In Industry Overdraft Fees

PITTSBURGH, April 13, 2021 /PRNewswire/ -- Addressing the $17 billion that some studies estimate U.S. consumers pay each year in overdraft fees, The PNC Financial Services Group, Inc. (NYSE: PNC) ...
pnc.mediaroom

PNC Bank Introduces PNC Spend Wise℠, A No Annual Fee Credit Card Offering A Purchase APR Reduction to Encourage Responsible Credit Habits

PITTSBURGH, May 12, 2025 /PRNewswire/ -- PNC Bank announced today the launch of its latest credit card, PNC Spend Wise℠ Visa ®, designed to reward clients' responsible and healthy financial habits.
pnc.mediaroom

News Releases

Newly established PNC North Carolina HBCU Initiative to help cultivate entrepreneurship resources and opportunities for students at five universities through grant funding RALEIGH, N.C., Feb. 1, 2022 ...
pnc.mediaroom

PNC Foundation Announces $10.2 Million in Grants to Mark 20th Anniversary of PNC Grow Up Great®

Includes multi-year focus on outdoor learning for young children via play spaces, new Sesame Workshop resources, extended DonorsChoose support. PITTSBURGH, April 4, 2024 /PRNewswire/ -- The PNC ...