PNC Financial Services Group Inc (NYSE:PNC)
$ 252.56 -0.20 (-0.08%) Market Cap: 100.77 Bil Enterprise Value: 157.80 Bil PE Ratio: 13.90 PB Ratio: 1.57 GF Score: 76/100

PNC Financial Services Group Inc at Goldman Sachs U.S. Financial Services Conference Transcript

Dec 09, 2025 / 06:00PM GMT
Release Date Price: $202.15 (+2.28%)
Richard Ramsden
Goldman Sachs Group Inc - Analyst

Okay. So good afternoon, everybody. I'm delighted to introduce our next panelist. He needs no introduction, Bill Demchak, production Bill Demchak, CEO and Chairman of PNC. I think this is 11th time you've been here if I can count.

By the way, I think that actually is a record. So thank you very, very much for your support. It's great to have you back.

Questions & Answers

Richard Ramsden
Goldman Sachs Group Inc - Analyst

A lot to talk about, but let's just start off with your view of the macroeconomic backdrop. So a couple of things. The first is, what have you seen in the fourth quarter from a spending standpoint? Has anything changed? And then how are you thinking about the economic trajectory next year, both from a growth, but also from an interest rate perspective, just given the fact that we will have a new head of the Fed next year.

William Demchak
PNC Financial Services Group Inc - Chairman of the Board, Chief Executive Officer

So economy

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