PNC Executive Insights: Tisha Hyter, PNC strategist, on how nonprofits can optimize financial sustainability
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Forbes
2 days ago
- Forbes
5 Top Dividend Stocks To Buy For August 2025
Higher tariffs are coming, and they may bring big changes to the financial markets and economy. In turbulent times, proven dividend stocks can be a stabilizing force for your portfolio. They're often less volatile than growth stocks, and they pay regular income—a welcome source of return when stock prices are struggling. If you're ready to shore up your income portfolio, take a look at these six dividend payers. One or two may offer the protection you need from tariffs, inflation and stock-price volatility in 2025. How These Dividend Stock Picks Were Chosen The screening criteria for these dividend stocks were designed to return dividend payers with low tariff exposure, the potential for rising cash income for inflation protection and a good balance between upside potential and downside risk: Five stocks met these parameters. They are presented below from largest to smallest market capitalization. 5 Best Dividend Stocks To Buy In August 2025 The table below highlights five dividend stocks with a regular practice of increasing shareholder payouts. A review of each stock follows. Metrics are sourced from company reports and For more investing ideas, see best stocks for 2025. 1. The PNC Financial Services Group (PNC) The PNC Financial Services Group by the numbers: PNC is a regional bank with branches in 28 states. The bank is organized into three reporting segments: retail banking, corporate and institutional banking and asset management group. The asset management group provides investing and wealth management services for individuals and institutions. PNC pays a quarterly dividend of $1.70, for a yield of 3.5%. The bank has raised its dividend annually for 14 years. The most recent increase was a $0.10 raise for the dividend to be paid on August 4, 2025. PNC is investing heavily in growing and improving its branch footprint. The expansion focuses on increasing the bank's concentration and brand presence in existing markets. The bank has sufficient concentration in six markets, but the goal is 19. In PNC's last earnings report, Chairman and CEO Bill Demchak said the strategy was helping the bank acquire new customers faster and deepen relationships with existing customers. Financial highlights for the quarter included revenue growth of 4%, a 2-basis-point rise in net interest margin (NIM) and diluted EPS growth of 11.9%. NIM is the difference between interest earned on loans and interest paid on deposits, a critical profitability measure for banks. 2. Elevance Health (ELV) Elevance Health by the numbers: Elevance Health, formerly known as Anthem, operates health plans and provides pharmacy services in the U.S. Brand names in Elevance's portfolio include Anthem Blue Cross and Blue Shield, Wellpoint and Carelon. Elevance Health pays a quarterly dividend of $1.71, for a yield of 2.4%. The health care company has raised its dividend for 14 consecutive years. Recent increases have been generous, from $1.63 to $1.71 in 2025 and from $1.48 to $1.63 in 2024. Elevance Health is working through a two-part optimization that involves simplifying the health care experience and reducing costs. Progress on costs will be critical as 2025 unfolds. The company recently reversed slowing revenue growth with acquisitions, higher enrollment in Medicare Advantage plans and commercial plan premium increases—but margins have suffered. Despite the margin pressure, Elevance still expects to deliver 12% average annual growth in adjusted diluted EPS over the long term. In the second quarter, Elevance increased operating revenue 14.3% while diluted EPS declined 21.6%. The company had $8.5 billion of cash and equivalents on its balance sheet at June 30, after generating $3 billion in operating cash flow in the first six months of 2025. 3. VICI Properties (VICI) VICI Properties by the numbers: VICI Properties is a real estate investment trust (REIT) that owns gaming, hospitality and entertainment properties in the U.S. and Canada. The portfolio includes Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas. In total VICI owns at least 60,000 hotel rooms, 500 restaurants and four championship golf courses. VICI pays a quarterly dividend of $0.4325, for a yield of 5.2%. The REIT has raised its dividend annually for seven years, moving the annual payout from $0.985 in 2018 to $1.69 in 2024. Advantages for VICI include strong balance sheet discipline and solid relationships with premier, deep-pocketed hospitality tenants. The company's emphasis on unique and high-value properties has delivered annual revenue growth since 2020—notable given that resorts and entertainment destinations were largely shut down for part of 2020. VICI grows its business by acquiring or developing new properties. The company recently announced new partnerships with asset managers Eldridge Industries and Cain International and casino operator Red Rock Resorts. These relationships will support development projects in Beverly Hills and central California. In the first quarter, VICI increased revenue by 3.4%. Funds from operations (FFO), a REIT-specific operating cash flow metric, declined 7.9%. The decline related to a change in the company's credit loss allowance. Despite the FFO decline, VICI raised its full-year adjusted FFO guidance to a range of $2.47 billion to $2.5 billion. The prior FFO guidance range was $2.45 billion to $2.485 billion. 4. M&T Bank Corporation (MTB) M&T Bank Corporation by the numbers: M&T Bank is a holding company that owns M&T Bank, other M&T-branded financial companies and Wilmington Trust, NA. The company provides traditional banking and deposit services, plus wealth management expertise. M&T has more than 960 branches, which are concentrated in the northeastern U.S. MTB pays a quarterly dividend of $1.35, for a yield of 2.8%. The bank has raised its dividend annually since 2016, when it paid $0.70 quarterly. MTB specializes in small business and middle market banking with a commitment to personalized customer service. This contributes to a strong deposit base, one of MTB's operational strengths. The bank's service has been recognized with "Best Bank" awards by Crisil Coalition Greenwich, a benchmarking and analytics provider. M&T had $19.3 billion in interest-bearing deposits and $35.6 billion in investments on the balance sheet as of June 30. In the June quarter, revenue increased 4% versus the prior year and diluted EPS rose 28%. The bank's provision for credit losses declined 5%, indicating an improving loan portfolio. One trend to watch is M&T's net interest margin (NIM). In the second quarter, M&T's NIM declined 4 basis points. The metric is still higher than it was in the prior year, however. 5. California Water Service Group (CWT) California Water Service Group by the numbers: California Water Service Group provides water utility services and wastewater treatment for more than two million customers in California, Hawaii, New Mexico, Texas and Washington. CWT is the third largest publicly traded water utility in the U.S. CWT pays a quarterly dividend of $0.30, for a yield of 2.7%. The utility company has raised its dividend annually for 59 years. The five-year compound annual growth rate of the dividend is 7.7%. CWT is financially strong and operates a regulated and predictable business —the qualities you want from a reliable dividend stock. The utility grows through infrastructure investment that outpaces depreciation and strategic acquisitions. In 2025 through 2027, CWT leadership expects to increase capital expenditures to more than four times depreciation. In the past 10 years, the target multiple has been three times. The utility has delivered consistent growth in non-GAAP revenue, net income and diluted EPS since 2022. A rate relief action that increased 2024 revenue by $90.3 million skews the growth in GAAP results. In the first quarter 2025, CWT reported adjusted revenue growth of 13% and adjusted diluted EPS growth of 214%. Bottom Line The best dividend stocks to buy now aren't necessarily those with the highest yield. With uncertainty on the horizon for the U.S. economy, leaning into proven dividend payers is a smart strategy.
Yahoo
4 days ago
- Yahoo
PNC embeds commercial finance platform in Oracle Fusion ERP
This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. Dive Brief: PNC Bank integrated its Pinacle Connect treasury management platform with Oracle Fusion Cloud ERP. The integration is available to PNC corporate and commercial banking clients via the Oracle B2B marketplace in the technology provider's cloud-based ERP, PNC said in the announcement. The platform, launched by PNC Treasury Management in 2021, is designed to ease payment, reconciliation and balance retrieval functions and automate financial management processes, PNC said. The integration joins embedded offerings from HSBC, JPMorgan and Mastercard in the ERP marketplace, which Oracle rolled out in 2022. 'By embedding our services within Oracle Cloud ERP, our clients can more effectively manage their cash position and spend more time running their businesses, while spending less time establishing bank connectivity and handling manual financial tasks,' Howard Forman, EVP and head of PNC's Commercial Digital Channels, said in the release. Dive Insight: ERP systems sit at the heart of the enterprise, circulating critical financial and operational data across an organization's core business functions. Cloud adoption helped expand ERP capabilities and efforts to wrest value from generative AI tools have now intensified the focus on enterprise data. Oracle's growing cloud ambitions are built on integrating data systems and activating AI. The company is investing billions to expand its cloud capacity and forging key alliances throughout the enterprise technology ecosystem, including a recent pact with OpenAI to massively expand AI compute capacity. In the last two years, Oracle inked deals that have put its database servers inside AWS, Microsoft and Google cloud facilities. 'Our database is now moving very rapidly to the cloud because … the database has all these AI capabilities, but also, quite frankly, now people can get it in whatever cloud they want,' Oracle CTO Larry Ellison said last month during the company's Q4 2025 earnings call. PNC is the latest financial institution to tighten its link to Oracle's software business. JPMorgan was on board for the launch of B2B three years ago, tying its banking, travel card and expense services into Oracle Fusion ERP. The firm added its trade and working capital finance platforms to the package last year. Oracle further extended its reach into finance earlier this year through a multiyear cloud modernization pact with Lloyds Banking Group. The deal includes Oracle database deployments in Microsoft Azure data centers. 'Few sectors are evolving as rapidly as the financial services industry when it comes to cloud adoption,' Richard Smith, EVP and general manager, EMEA Cloud Infrastructure at Oracle, said in the announcement. As AI adoption moved into the agentic automation stage earlier this year, Oracle installed an AI production suite in its cloud ERP. The company brought additional agent customization tools on line in April as a separately priced Oracle Fusion offering. The Fusion ERP suite currently has more than 10,000 customers, according to Oracle. Recommended Reading How Capital One unlocked enterprise data, self-service workflows Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-07-2025
- Yahoo
PNC, Coinbase team up on crypto-as-a-service
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. PNC customers will soon be able to buy, sell and hold cryptocurrency through the bank's new partnership with Coinbase. 'Partnering with Coinbase accelerates our ability to bring innovative, crypto financial solutions to our clients,' said PNC CEO Bill Demchak in a prepared statement Tuesday. 'We will also provide PNC's best-in-class banking services to Coinbase,' he said. 'This collaboration enables us to meet growing demand for secure and streamlined access to digital assets on PNC's trusted platform.' Coinbase is the nation's largest cryptocurrency exchange. As of February, it held nearly half a trillion dollars in assets, which would make it akin to the 21st-largest bank in the country, according to CEO Brian Armstrong. 'If you think of us more like a brokerage, we'd be the 8th largest brokerage today by AUM,' he wrote on social media platform X. Coinbase will support PNC's entry into the digital asset market with its crypto-as-a-service platform, 'which provides PNC with a powerful set of tools to develop a scalable, high-growth business, built on a foundation of uncompromising security,' said Brett Tejpaul, head of Coinbase Institutional, in a prepared statement Tuesday. The distance between the crypto realm and traditional finance has been closing in 2025 due to relaxed regulatory oversight and a push for federal crypto legislation. The GENIUS Act, signed into law by President Donald Trump on Friday, creates a regulatory framework for stablecoins. Meanwhile, the CLARITY Act, which would divide regulatory oversight between the Commodity Futures Trading Commission and Securities and Exchange Commission and create a framework for digital assets, is moving through the legislature. Several crypto-bank partnerships have been inked in recent months. BNY said last week that it would custody the reserves of Ripple's new stablecoin, Ripple USD, weeks after striking a similar partnership with Societe Generale regarding its CoinVertible USD. Digital native bank Green Dot announced a partnership with in May, offering banking and money management tools to the crypto exchange's U.S. customers through Arc, the bank's embedded finance platform. SoFi CEO Anthony Noto also said in May that his firm would re-enter the crypto business, which it exited in 2023, in the next six months. Brad Rustin, chair of law firm Nelson Mullins' financial services regulatory practice in Greenville, South Carolina, told Banking Dive in May that 'lots and lots and lots of banks' are talking about getting in on crypto amidst the Trump administration's regulatory shifts. The interest is largely coming from two verticals, Rustin said: fintech-forward banks that have long had an understanding of crypto assets, and large banks that have sizable securities custodial programs. '[The latter] are banks that did securities lending, that did margin lending, that did traditional custody services for stocks and bonds,' Rustin said. 'They're saying, 'Well, look, this is no different than custodying a stock or a bond. It's just how you actually control it and how you maintain it that's different.'' Recommended Reading Treasury calls for more fintech oversight Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
