Huntington National Bank Reduces Stake in PNC Financial Services Group

Bank sells 2,587 shares of the financial services provider's stock in the third quarter.

Mar. 3, 2026 at 12:31am

Huntington National Bank has reduced its stake in The PNC Financial Services Group, Inc. by 2.9% in the third quarter, according to a recent SEC filing. The bank now owns 85,352 shares of the financial services provider's stock, valued at $17,150,000 at the end of the reporting period.

Why it matters

The PNC Financial Services Group is a major financial institution with a significant retail branch network and commercial, institutional, and government client base. Changes in ownership stakes by large institutional investors like Huntington National Bank can provide insights into market sentiment and performance expectations for the company.

The details

According to the filing, Huntington National Bank sold 2,587 shares of PNC stock during the third quarter. The bank now holds a 2.9% smaller stake in the company compared to the prior quarter. PNC's stock price has seen significant fluctuations over the past year, with the share price ranging from a low of $145.12 to a high of $243.94.

  • The share sale occurred in the third quarter of the year.
  • Huntington National Bank's holdings in PNC were valued at $17,150,000 at the end of the reporting period.

The players

Huntington National Bank

A regional bank headquartered in Columbus, Ohio that provides a range of banking, lending, investment, and wealth management services.

The PNC Financial Services Group, Inc.

A diversified financial services company headquartered in Pittsburgh, Pennsylvania, offering banking, lending, investment, and wealth management services to individuals, small businesses, corporations, and public sector entities across the United States.

Got photos? Submit your photos here. ›

What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

The takeaway

The reduction in Huntington National Bank's stake in PNC Financial Services Group reflects broader market trends and investor sentiment around the financial services industry. While the bank remains a significant shareholder, the sale of over 2,500 shares suggests a cautious outlook on the company's near-term performance or a reallocation of capital to other investment opportunities.