Sometimes it seems like the markets are against you as an investor. While PNC Financial (NYSE:PNC) issued a strong first quarter report, one of the best among banks for the past earnings, a pretty grim day in the overall market buried the news and kept on a lid on the stock. Since then, the stock has enjoyed a better performance and one consistent with the better-performing regional banks. If PNC can keep up the expense discipline, an eventual recovery in lending activity should bode well for the long-term performance and value of the shares.
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» Investopedia: Cost Discipline Driving The Story At PNC Financial
Tuesday, May 28, 2013
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