BNET Industries
Market Cap:$25.5B
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
(412) 762-2000
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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Reports: Buffet venture prevails in bid for Capmark
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Fed seeking TARP repayment plan
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PNC, National City merger brings real estate opportunities
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National City will become PNC Bank next summer
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Business headlines: PNC to change Mich. branches
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ALLEN PARK: City closes real estate deal with Unity Studios (155)
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Recession makes it easier for businesses to donate time than money
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National City branch conversion begins: Merger brings new opportunities
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National City will be PNC
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FTN Equity Cap Markets Corp. upgrades PNC Financial Services to 'buy'
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Atlantic Equities LLP upgrades PNC Financial Services to 'neutral'
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PNC Financial PNC Upgrade Alert, Watch for 26.5% Technical Uptrend Continuation
News & Analysis
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company 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
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...
Anthracite Capital Prices $417.0 Million Secured Debt at a Current Cost of Funds of 6.3%
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...
Anthracite Capital to Present at 2006 Credit Suisse Real Estate Conference
NEW YORK -- Christopher A. Milner, Chief Executive Officer, of Anthracite Capital, Inc. (NYSE:AHR) ("Anthracite" or the "Company") is scheduled to speak at the Credit Suisse Real Estate Conference in New York on Wednesday, April 5, 2006, at 8:45 a.m. A copy of Mr. Milner's presentation and a live audio...
Anthracite Capital to Present at JMP Securities Research Conference
NEW YORK -- Richard M. Shea, President and Chief Operating Officer, of Anthracite Capital, Inc. (NYSE:AHR) ("Anthracite" or the "Company") is scheduled to speak at the JMP Securities Research Conference in San Francisco on Thursday, March 9, 2006, at 12:40 p.m. Pacific Time. A copy of Mr. Shea's presentation and...
Anthracite Capital Announces $50 Million Private Placement of Trust Preferred Securities
NEW YORK -- Anthracite Capital, Inc. ("Anthracite" or the "Company") (NYSE:AHR) announced today the sale of $50 million of trust preferred securities through its wholly owned subsidiary Anthracite Capital Trust II in a private placement. The proceeds will be used by the Company to continue to execute its commercial real...
Anthracite Capital Accepts Resignation of Board of Directors Member
NEW YORK -- Anthracite Capital, Inc. ("Anthracite" or the "Company") (NYSE: AHR), a specialty finance company focused on investments in high yield commercial real estate loans and related securities, today announced the resignation of board member Clay G. Lebhar, effective December 14, 2005. Mr. Lebhar, who has served on Anthracite's...
Anthracite Capital Sets Third Quarter 2005 Earnings Release and Teleconference Call Date
NEW YORK -- Anthracite Capital, Inc. (NYSE: AHR) ("Anthracite" or the "Company") will report results for the third quarter of 2005 on Thursday, November 3, 2005. A teleconference call for investors and analysts will be held at 9:00 a.m. eastern time. Christopher A. Milner, Chief Executive Officer, Richard M. Shea,...
Anthracite Capital to Present at Ryan Beck Financial Institutions Investor Conference
NEW YORK -- Richard M. Shea, President and Chief Operating Officer, of Anthracite Capital, Inc. (NYSE:AHR) is scheduled to speak at the Ryan Beck Financial Institutions Investor Conference in New York on Wednesday, November 2, 2005 at 11:10 a.m. eastern time. A copy of Mr. Shea's presentation and a live...
Anthracite Capital Announces $75 Million Private Placement of Trust Preferred Securities
NEW YORK -- Anthracite Capital, Inc. ("Anthracite" or the "Company") (NYSE: AHR) announced today the completion of a private placement of $75 million of trust preferred securities through its wholly owned subsidiary Anthracite Capital Trust I. The proceeds will be used by the Company to continue to execute its commercial...
Anthracite Capital to Present at Piper Jaffray Financial Services Conference
NEW YORK -- Anthracite Capital, Inc. (NYSE: AHR) is scheduled to present at the 16th annual Piper Jaffray Financial Services Conference in New York on Tuesday, March 15, 2005 at 4:35 p.m. eastern time. President and Chief Operating Officer, Richard M. Shea, will deliver Anthracite's presentation. A copy of...
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