PNC Bank Offers Savings Opportunities for Investors

That's created pain for a lot of investments, but a silver-lining for savers, who can now benefit from high-yield savings accounts offered by banks such as LendingClub, CIT Bank, PNC Bank and Marcus. PNC Bank is one of the largest banks in the United States and is one of the best options for savers looking to maximize their savings.

PNC Bank is a diversified financial services company that provides retail banking, corporate and institutional banking, asset management, and wealth management. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, and equipment leases; cash and investment management services; and foreign exchange and payment services.

As of 2020, PNC Bank has a market capitalization of $45.8 billion and offers its customers a variety of banking services, including savings accounts, CDs, and money market accounts. Its CD rates are competitive, with rates ranging from 0.35% to 1.55%. This makes PNC Bank an attractive choice for investors looking to maximize returns on their savings.

Despite its attractive savings options, PNC Bank has had a tumultuous year. The stock is down 17.7% year to date and is currently trading at $112.38 per share. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the stock.

Despite the current market pain, PNC Bank is an attractive option for savers looking to maximize their savings. Its CD rates are competitive and its services offer a variety of banking options.

investors interested in taking advantage of PNC Bank's savings options should research the company thoroughly and determine if it is the right fit for their investment goals.