BNET Industries

PNC Financial Services Group Inc.

(PNC) is in the Financial Services Industry

Market Cap:$24.9B

Last Fiscal Year Sales:$9.8B

Public
US

Dow Jones Description

PNC is a local bank with national reach. Founded in 1922 and headquartered in Pittsburgh, PA, The PNC Financial Services Group (NYSE: PNC) provides diversified financial services, including banking, real estate finance and asset-based lending, wealth management, asset management and global fund processing services. It serves certain national and international markets and the local area of Pennsylvania, New Jersey, Delaware, Ohio, and Kentucky with 830 branches and 3,770 ATMs. The Company has revenues of approximately $3.73 billion and employs about 25,000 workers. It recently acquired United National Bancorp, Riggs National Corp, and Harris Williams & Co.

Number of Employees 25,313

Contact Information

1 PNC Plaza 249 5th Ave

Pittsburgh, Pennsylvania 15222-2707

www.pnc.com

(412) 762-2000

Peer Companies

NAICS Code Commercial Banking: 522110

Company News

Recent Events

Dow Losing Streak Hits 3

12/17/09 - Bond / Stock Rating - View Story
PNC exec new chairwoman of Community Shelter Board

12/16/09 - Mgmt. Change Leaving - Other - View Story
BRIEF: PNC continues conversion of National City accounts

11/29/09 - Merger / Acquisition - View Story
Evening News Briefs Nov. 29

11/28/09 - Bond / Stock Rating - View Story
Reports: Buffet venture prevails in bid for Capmark

11/24/09 - Merger / Acquisition - View Story
Fed seeking TARP repayment plan

11/24/09 - New Investment - View Story
PNC, National City merger brings real estate opportunities

11/27/09 - Merger / Acquisition - View Story
National City will become PNC Bank next summer

11/17/09 - Bond / Stock Rating - View Story
Business headlines: PNC to change Mich. branches

11/17/09 - Mgmt. Change Entering - Vice President - View Story
ALLEN PARK: City closes real estate deal with Unity Studios (155)

11/18/09 - Merger / Acquisition - View Story
Recession makes it easier for businesses to donate time than money

11/09/09 - Merger / Acquisition - View Story

News & Analysis

asset and pnc financial services group inc. - All News and Analysis

BlackRock Reports Diluted EPS of $1.28 Including Charges of $0.25 Associated with Merrill Lynch Investment Managers Merger

- 2007-01-23

Assets Under Management Rise to $1.125 Trillion at December 31, 2006 NEW YORK -- BlackRock, Inc. (NYSE:BLK) today reported net income for the fourth quarter and full year ended December 31, 2006 of $169.4 million and $322.6 million, respectively. Fourth quarter results reflect the impact of the Merrill Lynch...

Tags: asset, BlackRock Inc., Company, equity, FINANCE, Investment, investor, merger, Merrill Lynch & Co. Inc., performance, PNC Financial Services Group Inc., stock, Taxes, U.S.
PNC's profit beats analysts' forecasts

- 2006-07-20

PNC Financial Services Group Inc. said yesterday that income in the latest quarter rose and earnings topped analysts' expectations. The Pittsburgh-based financial services company, which has operations in the Philadelphia area, said it earned $381 million, or $1.28 a share, on assets of $94.9 billion in the second quarter....

Tags: analyst, asset, earnings, FINANCE, J.P. Morgan Chase & Co., PNC, PNC Financial Services Group Inc., revenue, Thomson Corp.
Anthracite Capital Prices $417.0 Million Secured Debt at a Current Cost of Funds of 6.3%

- 2006-05-02

NEW YORK -- Anthracite Capital, Inc. (NYSE: AHR) ("Anthracite" or the "Company") today announced the pricing of $417,000,000 of non-recourse debt offered by Anthracite CRE CDO 2006-HY3 Ltd. (the "CDO"). The debt will be secured by a portfolio of commercial mortgage-backed securities ("CMBS") and subordinated commercial real estate loans. This...

Tags: asset, BlackRock Inc., Company, PNC Financial Services Group Inc., SEC
Merrill Lynch OKs swap

- 2006-02-16

NEW YORK -- Retail brokerage giant Merrill Lynch & Co. Inc. has agreed to combine its asset-management business with money manager BlackRock Inc. in exchange for a nearly 50 percent stake in BlackRock. The transaction, announced Wednesday and expected to close in the third quarter, would transform BlackRock...

Tags: asset, BlackRock Inc., Merrill Lynch & Co. Inc., PNC Financial Services Group Inc.
PNC Advisors Names New Regional Director to Lead Its Boston Office

- 2003-11-18

To download high-resolution, print-ready JPEG images, click on the thumbnail image above. WARNING: these images are very large (800K+) Click here for caption Business Editors NOTE TO MEDIA: Multimedia assets available A photo is available at URL: http://www.businesswire.com/cgi-bin/photo.cgi?pw.111803/bb12 BOSTON--BUSINESS WIRE--Nov. 18,...

Tags: asset, Banking, Boston, image, PNC Bank, PNC Financial Services Group Inc.