PNC’s Post

PNC Financial Services ( $PNC ) ALMOST MIRRORS THE MARKET with average analyst rating of BUY from 24 analysts: The company has 72.74 B in debt with debt to equity (D/E) ratio of 0.73, which is OK given its current industry classification. Debt can assist PNC Financial until it has trouble settling it off, either with new capital or with free cash flow. So, PNC Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like PNC Financial Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PNC to invest in growth at high rates of return. When we think about PNC Financial's use of debt, we should always consider it together with cash and equity. PNC Financial maintains ebitda of 18.75 b. PNC Financial is trading at 160.69, which is -0.17 percent decrease. Day Low was 160.69. https://lnkd.in/gnSBCUtu #trading #ideas #stocks

**Only put off until tomorrow what you are willing to die having left undone** **Deutsche Bank DB** reported impressive third-quarter 2024 earnings, with a significant increase of 41.7% year over year, amounting to €1.5 billion ($1.6 billion) for its shareholders. The Germany-based lender also reported a profit before tax of €2.3 billion ($2.4 billion), marking a remarkable 31.2% year-over-year growth. This positive financial performance showcases Deutsche Bank's ability to deliver consistent results and drive value for its stakeholders. Investors should take note of this upward trajectory in earnings, as it reflects the bank's resilience and potential for long-term growth. To stay informed about earnings estimates and surprises, I recommend checking the Zacks Earnings Calendar regularly. This valuable resource will help you keep track of the latest updates and make informed investment decisions. Don't let the Fear of Missing Out (FOMO) hold you back. Act now, and leverage your Health Savings Account (HSA) to invest in opportunities that align with your financial goals. By investing wisely, you can secure your health, wealth, and the well-being of your family. #HSA #Investing #Healthcare #Health #Family #Wellness 💪📈💰 Remember, I'm here to help you navigate the world of investing and grow your HSA. Feel free to reach out for personalized advice and strategies tailored to your unique circumstances. Together, we can build a prosperous future!

Today we announced our FY24 Full Year Results. We delivered operating earnings of $358.7 million, reflecting OEPS post-tax of 75.8 cents, slightly ahead of guidance, with earnings growth of 4% guided for FY25. Despite further cap rate softening driving devaluations, we continue to hold the largest sector-diverse property portfolio in Australia, with Group FUM of $80.9 billion, including $65.5 billion of property FUM. Charter Hall's Managing Director and Group CEO, David Harrison, commented on our results, "FY24 has seen us focus on the ongoing curation of the portfolios we manage, selective development, partnering with our tenant and investor customers to meet their needs and closely managing our cost base. This has seen us deliver a good result set against a tough real estate environment." Read the full report below and visit our Investor Centre here: https://lnkd.in/gYhZmJ3N

We are pleased today to provide our audited final results for the 12 months ended 31 March 2024 which show a 38% year-on-year increase in total cash revenue to a record £30.3 million.   Additional highlights include:   - 12% year-on-year increase in recurring cash revenue, reaching a record £24.3 million - 40% increase in free cash flow to £17.9 million, and free cash flow per share rose by 34% - Adjusted earnings per share increased by 55% - A quarterly dividend of 0.70p maintained - Successful execution of three profitable exits, adding £23 million for future investments - Deployed over £45 million into new investments   During this period, we also successfully completed a strategic review, leading to our change of name to Duke Capital and enhancing the positioning of our unique hybrid credit product.   Our CEO Neil Johnson said:   “FY24 has been a rewarding year, characterised by strategic progress and delivery. In contrast to FY23 where we exercised caution in our approach to new deployments due to rapidly changing macroeconomic conditions, FY24 saw us deploy new capital more confidently, resulting in new cash revenue highs. During the period, we secured two new partners and delivered four follow-on investments into existing capital partners, deploying over £45 million in total and diversifying our revenue base. We also delivered three successful and profitable exits, providing us with £23 million of additional liquidity for future deployment. These successful exits are an excellent demonstration of how our capital can empower business owners to grow their business while retaining control of any re-financing timing.”   Read more details below:   #DukeCapital #PrivateCredit #HybridFinance #HybridCapital #Results

Is PNC riskier than Truist Financial Corp (USA Stocks:TFC)?: When it comes to choosing between PNC Financial Services and Truist Financial Corp, the devil is in the details. PNC Financial Services, with a market capitalization of $74.9 billion, stands as a formidable player in the regional banking sector. Despite its challenges, including a slight operating margin of 0.35%, PNC's robust net interest income of $14.2 billion showcases its ability to generate revenue from its core banking operations. As investors weigh their options, understanding PNC's financial health and strategic positioning becomes crucial in determining whether it offers a more compelling investment opportunity compared to its peers. Truist Financial's stock climbed 1.58% today, while PNC Financial saw a 3.06% increase. While some investors might get caught up in dissecting the competition among banks, it's worth considering both PNC Financial and Truist Financial for short-term investment opportunities. Let's explore some of the competitive factors that make these two banks intriguing options.Continue To Read... https://lnkd.in/g3P5ABqj

We continue to build momentum in 2024! Today, we reported another strong quarter during our 2Q24 Earnings Conference Call. Here are a few highlights from the second quarter that further advance us towards our vision to be the center of the communities we serve: • 95.4% total leased (company record) • 97.5% anchor leased (company record) • 90.8% small shop leased (company record) • 1.4M SF of signed new & renewal leases •  50% rent spread on new leases • 19% rent spread on renewals (company record) •  $65M of ABR signed, but not yet commenced leases •  5.5% same property NOI growth •  6% FFO growth (excl. gains on debt extinguishment) •  Full year FFO guidance increased to $2.11-$2.14 (+$0.03 at midpoint) To listen to the 2Q2024 Earnings Call: bit.ly/3vRWgpc.

We’re excited to share our 2024 Q4 earnings report! According to our CFO Jason Darby, the best word to sum up our 2024 financial performance was “transformative” and we couldn't agree more. By the end of 2024, our net income reached $106.4 million, and total deposits (excluding Brokered CDs) grew by 6.1%, rising to $7.2 billion compared to year-end 2023. Priscilla Sims Brown, President and Chief Executive Officer remarked: “Our fourth quarter was outstanding, particularly when considering it was an Election Cycle Conclusion quarter. Historically, an Election Cycle Conclusion quarter is one where we see the most pressure on our business due to political deposit outflows and yet in this cycle we performed substantially better across all our key metrics. We enter the new year in an envious position and ready to take advantage of the many opportunities we see to drive value for all our stakeholders.” To read more on our Q4 earnings, please visit https://lnkd.in/d6VrMFDh

🚀 **Citigroup's Earnings Surge with Strategic Cost-Cutting Initiatives** With its latest earnings report, Citigroup has shown impressive financial performance, mainly due to strategic cost-cutting initiatives. Key highlights include a quarterly net income of $4.6 billion, up from $3.8 billion last year, and revenue reaching $18.5 billion, an improvement from $17.8 billion. The Earnings Per Share (EPS) was $2.15, surpassing the forecasted $1.95, proving the bank's solid financial health. Additionally, a Return on Equity (ROE) of 11.6% underlines Citigroup's effective management of shareholders' equity. Citigroup's financial leap stems from several strategic moves like streamlining operations through advanced technologies and automation, divesting non-core assets, realigning the workforce, enhancing digital infrastructure, and implementing operational excellence programs. These measures have collectively reduced costs and driven profitability margins. Looking ahead, Citigroup plans to focus on emerging markets, innovate financial products, improve customer experiences, and strengthen risk management and sustainability practices. This case study underscores the importance of strategic cost management in achieving robust financial performance. For high-net-worth individuals and businesses, effective tax planning is equally crucial. **Set up a call with our team** to explore how you can optimize your tax strategy and enhance financial health. **Next Steps:** Reach out to **Together CFO** or set up a call at **[https://lnkd.in/gKQ6xr7C.

Net financial savings rose to 6% in FY24, according to Goldman Sachs, with gross financial savings expected to outpace the increase in household financial liabilities. Read more at: https://ow.ly/7pIp50RS8P6 #Finance | #Savings | #Economy | #Investment | #Household | #TPCI

💡 Net Working Capital (NWC) – Simplified 💡 🏦 NWC might sound advanced or confusing, especially for non-financial colleagues when reading definitions like: "NWC is the difference between your current assets and current liabilities." 💸 But it’s actually quite #simple! At its core, it’s about how your business generates and manages #cash. NWC shows the cash tied up in day-to-day operations, including the timing of your payments to suppliers and collections from customers. 📊 Why is it important? It helps identify potential cash flow issues early. For instance, if you purchase goods with 30-day payment terms but sell them with 60-day terms, you need to ensure you have enough cash to cover that gap. 😬 And yes— even if your EBITDA or net income is positive, you can still struggle to pay your liabilities. 🔍 So, zoom in on your NWC! #NetWorkingCapital #Finance #CashFlow #BusinessPartnering #FinancialHealth #Liquidity #CashManagement #FinancialStatements