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PNC Declares Cash Dividend of 75 Cents

PITTSBURGH – PNC Financial Services Group announced today that its board of directors declared a quarterly cash dividend of 75 cents per common share. The dividend is payable May 5 to shareholders of record April 16. PNC reported a fourth-quarter net income of $2.091 billion, or $4.18 per diluted common share, and full-year 2017 net […]

PITTSBURGH – PNC Financial Services Group announced today that its board of directors declared a quarterly cash dividend of 75 cents per common share. The dividend is payable May 5 to shareholders of record April 16. PNC reported a fourth-quarter net income of $2.091 billion, or $4.18 per diluted common...

PNC Survey Finds Optimism at Historic Highs

Business Optimism at Historic Highs for PNC Spring Survey

PITTSBURGH — The PNC spring survey of small and mid-sized businesses finds optimism is running at historic highs in the 15-year history of the PNC Economic Outlook, a semiannual telephone survey of small and medium-size business owners and executives. “Small businesses are a key source of economic activity and employment, and owners’ perceptions can be a […]

PITTSBURGH — The PNC spring survey of small and mid-sized businesses finds optimism is running at historic highs in the 15-year history of the PNC Economic Outlook, a semiannual telephone survey of small and medium-size business owners and executives. "Small businesses are a key source of economic activity and employment, and...

U.S. Automakers Rebound After Months of Decline

U.S. Automakers Rebound

YOUNGSTOWN, Ohio – American auto manufacturers rebounded after several months of sales declines as General Motors Co., Ford Motor Co. and Fiat Chrysler Automobile all posted gains in March and beat out industry projections. General Motors reported large gains for both overall sales and retail sales – that is, sales to individuals. Overall sales reached […]

YOUNGSTOWN, Ohio – American auto manufacturers rebounded after several months of sales declines as General Motors Co., Ford Motor Co. and Fiat Chrysler Automobile all posted gains in March and beat out industry projections. General Motors reported large gains for both overall sales and retail sales – that is, sales...

Valley Auto Sales Slip for Fourth Straight Month

YOUNGSTOWN, Ohio – Auto sales in the Mahoning Valley slipped again in March, marking the fourth consecutive month of year-over-year declines. According to the monthly sales report from the Greater Cleveland Automobile Dealers’ Association, 5,307 new and used cars were sold in Mahoning, Columbiana and Trumbull counties last month, a 3.6% drop from March 2017. […]

YOUNGSTOWN, Ohio – Auto sales in the Mahoning Valley slipped again in March, marking the fourth consecutive month of year-over-year declines. According to the monthly sales report from the Greater Cleveland Automobile Dealers’ Association, 5,307 new and used cars were sold in Mahoning, Columbiana and Trumbull counties last month, a...

PNC Bank Offers Digital Auto Shopping Experience

PNC Total Auto

PITTSBURGH – PNC Bank is putting car buyers in the driver’s seat with the launch of a digital car buying experience designed to empower them with the knowledge of how much a car will cost before they go to the dealership – check in hand – so they can complete their purchase with confidence. PNC […]

PITTSBURGH – PNC Bank is putting car buyers in the driver's seat with the launch of a digital car buying experience designed to empower them with the knowledge of how much a car will cost before they go to the dealership – check in hand – so they can complete...

PNC Becomes ‘Official Bank of Nascar’

DAYTONA BEACH, Fla. – PNC Bank signed a five-year agreement Friday with Nascar that introduces PNC as the “official bank of Nascar” and “official wealth management partner of Nascar.” The agreement is PNC’s first with a sports league and provides PNC promotional rights around retail, corporate and private banking across the country and U.S. military […]

DAYTONA BEACH, Fla. – PNC Bank signed a five-year agreement Friday with Nascar that introduces PNC as the “official bank of Nascar" and “official wealth management partner of Nascar." The agreement is PNC's first with a sports league and provides PNC promotional rights around retail, corporate and private banking across...

Farmers Earns Raymond James Bankers Cup

CANFIELD, Ohio — Farmers National Banc Corp., the parent of Farmers National Bank, has received the 2017 Raymond James Community Bankers Cup. The Bankers Cup is a competitive award, Farmers noted in announcing the award. In making its determination, Raymond James, a financial services company with 7,500 advisers in more than 3,000 offices, scrutinized every […]

CANFIELD, Ohio -- Farmers National Banc Corp., the parent of Farmers National Bank, has received the 2017 Raymond James Community Bankers Cup. The Bankers Cup is a competitive award, Farmers noted in announcing the award. In making its determination, Raymond James, a financial services company with 7,500 advisers in more...

Home Savings Expands Mortgage Lending into Kentucky

YOUNGSTOWN, Ohio – Home Savings Bank is expanding its mortgage lending services into Kentucky. Sales manager Diane Hance will lead a team of mortgage lenders in the area, the bank said.. “Our expansion into Kentucky is due to several factors,” said Tad Kuhn, regional sales manager of Home Savings Bank. “The mortgage lending opportunity in […]

YOUNGSTOWN, Ohio – Home Savings Bank is expanding its mortgage lending services into Kentucky. Sales manager Diane Hance will lead a team of mortgage lenders in the area, the bank said.. "Our expansion into Kentucky is due to several factors,” said Tad Kuhn, regional sales manager of Home Savings Bank....

Execs’ Optimism about Economy at Post-Recession High

NEW YORK– Business executives’ optimism about the U.S. economy continues to soar but is tempered somewhat by growing inflation concerns, according to the first-quarter AICPA Economic Outlook Survey, which polls CEOs, CFOs, controllers and CPAs who hold executive and senior management accounting roles. Seventy-nine percent of business executives said they were upbeat about prospects for […]

NEW YORK– Business executives’ optimism about the U.S. economy continues to soar but is tempered somewhat by growing inflation concerns, according to the first-quarter AICPA Economic Outlook Survey, which polls CEOs, CFOs, controllers and CPAs who hold executive and senior management accounting roles. Seventy-nine percent of business executives said they...

FNB to Build New Charlotte Region Headquarters

CHARLOTTE, N.C. – F.N.B. Corp., holding company of First National Bank of Pennsylvania, announced Tuesday that it will build a new 31-story headquarters for its Charlotte, N.C., region. The project is being developed by Dominion Realty Partners. F.N.B. will occupy more than 30,000 square feet of office space with additional options to expand. It will […]

CHARLOTTE, N.C. – F.N.B. Corp., holding company of First National Bank of Pennsylvania, announced Tuesday that it will build a new 31-story headquarters for its Charlotte, N.C., region. The project is being developed by Dominion Realty Partners. F.N.B. will occupy more than 30,000 square feet of office space with additional...