Michael Ward - PNC Financial Independent Director

PNC Stock  USD 193.91  1.52  0.78%   

Director

Mr. Michael J. Ward is Independent Director of The PNC Financial Services Group, Inc. hael J. Ward is the former Chairman and Chief Executive Officer of CSX Corporationrationration, one of the worlds largest railroad companies. Mr. Ward received a BS from the University of Maryland and an MBA from the Harvard Business School since 2016.
Age 70
Tenure 9 years
Address The Tower at PNC Plaza, Pittsburgh, PA, United States, 15222-2401
Phone888 762 2265
Webhttps://www.pnc.com
Ward has extensive operations, sales, marketing and finance experience from his various management roles with CSX and its subsidiaries. As a public company CEO with years of corporate leadership experience in a regulated industry, he brings knowledge and insight to the Board in its oversight of complex issues. His management of an executive team and a large group of employees adds value to his oversight of compensation issues.

Michael Ward Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Ward against PNC Financial stock is an integral part of due diligence when investing in PNC Financial. Michael Ward insider activity provides valuable insight into whether PNC Financial is net buyers or sellers over its current business cycle. Note, PNC Financial insiders must abide by specific rules, including filing SEC forms every time they buy or sell PNC Financial'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

PNC Financial Management Efficiency

The company has Return on Asset of 0.0106 % which means that on every $100 spent on assets, it made $0.0106 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1127 %, implying that it generated $0.1127 on every 100 dollars invested. PNC Financial's management efficiency ratios could be used to measure how well PNC Financial manages its routine affairs as well as how well it operates its assets and liabilities. At present, PNC Financial's Return On Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.13, whereas Return On Capital Employed is forecasted to decline to 0.02. At present, PNC Financial's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Return On Tangible Assets is expected to grow to 0.01, whereas Non Current Assets Total are forecasted to decline to about 16 B.
PNC Financial Services has 72.74 B in debt with debt to equity (D/E) ratio of 0.73, which is OK given its current industry classification. Note however, debt could still be an excellent tool for PNC to invest in growth at high rates of return.

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The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. The company was founded in 1852 and is headquartered in Pittsburgh, Pennsylvania. PNC Bank operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 59616 people. PNC Financial Services (PNC) is traded on New York Stock Exchange in USA. It is located in The Tower at PNC Plaza, Pittsburgh, PA, United States, 15222-2401 and employs 53,686 people. PNC Financial is listed under Regional Banks category by Fama And French industry classification.

Management Performance

PNC Financial Services Leadership Team

Elected by the shareholders, the PNC Financial's board of directors comprises two types of representatives: PNC Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PNC. The board's role is to monitor PNC Financial's management team and ensure that shareholders' interests are well served. PNC Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PNC Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Donald Heberle, Head Management
Marjorie Cheshire, Independent Director
Bryan Gill, Executive Vice President Director of Investor Relations
Andrew Feldstein, Lead Independent Director
Scott Kowalski, Head Michigan
Deborah Guild, Executive Vice President, Chief Information Security Officer, Head of Enterprise Technology
Robert Niblock, Independent Director
David Bentzinger, Senior President
Joseph Rockey, Executive Vice President Chief Risk Officer
Gregory Jordan, Executive Vice President, Chief Administrative Officer, General Counsel, Head of Regulatory and Government Affairs
Linda Medler, Independent Director
Richard Harshman, Independent Director
Amanda Rosseter, Chief Communications Officer
David Cohen, Independent Director
Richard Bynum, Executive Vice President, Chief Corporate Responsibility Officer
Jenn Garbach, Chief Officer
William III, Executive COO
Louis Cestello, Head Pennsylvania
Daniel Hesse, Independent Director
Michael Little, Senior President
Bryan Salesky, Independent Director
Steven Wyk, Executive Vice President, Head - Technology and Innovation
Michael Ward, Independent Director
Dennis Magulick, Senior Banking
Kieran Fallon, Executive Vice President Chief Risk Officer
Michael Hannon, Executive Vice President Chief Credit Officer
Gregory Kozich, Senior Vice President Controller
Gregory Esq, General EVP
Stacy Juchno, Executive Vice President General Auditor
William Demchak, Chairman, CEO and President Member of Executive Committee and Member of Risk Committee
Carole Brown, Executive Vice President, Head of Asset Management Group
Karen Larrimer, Executive Vice President, Chief Customer Officer, Head - Retail Banking
Ganesh Krishnan, Executive Vice President, Enterprise Chief Information Officer
Charles Bunch, Independent Director
Kathleen DAppolonia, Senior Inclusion
Augustine Faucher, Senior Economist
Debra Cafaro, Independent Director
Vicki Henn, Chief Human Resource Officer, Executive Vice President
Joseph Alvarado, Independent Director
Toni TownesWhitley, Independent Director
Laura Long, General Officer
Martin Pfinsgraff, Independent Director
Michael Lyons, Executive Vice President, Head of Corporate and Institutional Banking, Head - Asset Management Group
Robert Reilly, Chief Financial Officer, Executive Vice President
Wayne Hunley, Executive C
E Parsley, Chief Operating Officer, Executive Vice President

PNC Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is PNC Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether PNC Financial Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PNC Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pnc Financial Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pnc Financial Services Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PNC Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PNC Financial. If investors know PNC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PNC Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.039
Dividend Share
6.3
Earnings Share
13.75
Revenue Per Share
52.045
Quarterly Revenue Growth
0.055
The market value of PNC Financial Services is measured differently than its book value, which is the value of PNC that is recorded on the company's balance sheet. Investors also form their own opinion of PNC Financial's value that differs from its market value or its book value, called intrinsic value, which is PNC Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PNC Financial's market value can be influenced by many factors that don't directly affect PNC Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PNC Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if PNC Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PNC Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.