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 ...
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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 ...
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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 ...
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News Releases

DALLAS, July 30, 2025 – PNC Capital Markets LLC announced it served as senior manager for the landmark June 2025 financing for International Leadership of Texas (ILTexas), guiding the successful ...
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PNC Bank, Coinbase Announce Strategic Partnership to Advance Digital Asset Solutions and Expand Banking Services

PNC Bank, National Association, is a member of The PNC Financial Services Group, Inc. (NYSE: PNC). PNC is one of the largest diversified financial services institutions in the United States, organized ...
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PNC Bank Launches PNC Mobile Accept®, A New Pay-As-You-Go Payment Processing Solution for Micro Businesses

PITTSBURGH, June 11, 2025 /PRNewswire/ -- PNC Bank today announced the launch of PNC Mobile Accept ®, a fully integrated payment solution that provides its micro business clients with the ability to ...
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PNC Bank Agrees to Acquire Aqueduct Capital Group to Complement Harris Williams Capabilities

PITTSBURGH, May 20, 2025 /PRNewswire/ -- PNC Bank today announced entry into a definitive agreement to acquire Aqueduct Capital Group, a placement agent focused on raising capital for private equity, ...
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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.
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Business Owners Optimistic on National and Local Economy

78% of small and mid-sized business owners are optimistic about prospects for their own business, near the 23-year survey high mark of 79% recorded a year ago. Half of owners are optimistic about the ...
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PNC Multifamily Capital Announces $128 Million Affordable Housing Fund, Increasing Access to Affordable Housing Across the U.S.

"As one of the largest syndicators of affordable housing, PNC Multifamily Capital is focused on financing the development of new and improved affordable housing across the country," said Megan Ryan, ...
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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 ...