PNC Financial Services Group

NYSE:PNC   3:59:58 PM EDT
-1.70 (-1.22%)
4:19:00 PM EDT: $138.48 +0.39 (+0.28%)
Layoffs, Other Pre-Announcement

BBVA Says Deal with PNC Gives The Bank Opportunities To Reinforce Franchises

Published: 11/16/2020 09:12 GMT
PNC Financial Services Group Inc (PNC) - Says on Top Strengthening Our Position With Pnc Deal, Transaction Gives US Opportunities to Reinforce Our Franchises.
Says We Will Analyze M&a Opportunities If They Arise, Make Sense and Create Value.
Ceo, Onur GenÇ, Says Bank Has Enough Capital Now to Both Undertake Dividend Payment and Share Buyback.
CEO Says Bank Will Continue With 35-40% Pay-out Ratio on Top of Potential Share Buyback.
CEO Says After the Deal With Pnc We Will Continue to Assess What is the Right Capital Level Going Forward.
CEO Says Bank Will Not Undertake Potential Share Buyback Until the Close of the Deal With Pnc.