The PNC Financial Services Group, Inc. Redeems $525M Series S Depositary Shares

PNC will redeem all $525M of Depositary Shares (CUSIP 693475 AQ8) representing interests in its Series S Preferred Stock on Nov. 2, 2026 at $1,000 per share, excluding any declared but unpaid dividends.Material DetailsContext by AI AnalystThis is a late-stage capital structure action consistent wit…