PNC

AI Research

Wealth Connect + Self-Directed Brokerage Launched → $2B Branch Expansion Amid Institutional Selling

PNC Financial launched Wealth Connect (minimum $25,000 team-based advisory), an enhanced self-directed brokerage with no minimum or commissions, and a unified banking-investing app on March 9, targeting beginning investors and expanding its wealth management reach. The company is pursuing a $2 billion branch expansion strategy focused on Colorado and Nashville while maintaining strong 2026 outlook, with 14 analysts rating it Buy and a 3.05% dividend yield. However, institutional selling by Junto Capital (-47.7%), Bank of Montreal (-8%), and others during Q3 2025 reflects some caution, and the stock has declined 13.5% over the past month to $200.75.