BNET Industries
Market Cap:$24.6B
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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BRIEF: PNC continues conversion of National City accounts
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Evening News Briefs Nov. 29
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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'
News & Analysis
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finance and pnc financial services group inc. - All News and Analysis
PNC Financial Service Group Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Paul Miller - FBR Capital Markets. Paul Miller - FBR Capital Markets Can we go into a little bit more detail about your NIM? I mean it was a very strong NIM and strong growth and I believe you guide...
PNC Financial Services Group Inc. Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from David George - Baird. David George - Baird I had a question on the Nat City transaction. If I understand it correctly, there was a little over $1.3 billion in negative goodwill that was created which gives you the...
PNC Financial Services Group Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Your first question comes from Matthew O’Connor – UBS. Matthew O’Connor – UBS Just a couple of clarification questions on the guidance. The pre-provision earnings number of $5.5 billion that wouldn’t include the roughly $400 million of after tax preferred dividends, right? Richard...
Treasury Uses TARP for PNC to Acquire National City
Wall Street Weather submits: Pittsburgh based regional bank PNC PNC announced Friday morning it is acquiring Cleveland based regional National City Bank NCC for $5.5 billion. For each share of NatCity common stock, NatCity shareholders will receive 0.0392 per share (about $2.23 a share) of PNC common stock. ...
PNC Financial Services Group, Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions The first question comes from Edward Najarian - Merrill Lynch. Edward Najarian - Merrill Lynch My question relates to equity and capital raising. Bigger, unrealized loss in the bond portfolio now took the tangible ratio down under 4%. You did sort of...
Earnings Preview: PNC Financial Services
PNC Financial Services PNC is expected to report Q3 earnings before market open Thursday, October 16, with a conference call scheduled for 9:00 am. Guidance Analysts are looking for EPS of 88c on revenue of $1.82B. The consensus range for EPS is 47c to $1.35, while the consensus range for...
D.C.'S First Design for Platinum-Certified Office Building Unveiled
WASHINGTON -- The joint venture of The PNC Financial Services Group, Inc. (NYSE: PNC) and Vornado/Charles E. Smith today unveiled its plan for Washington, D.C.'s first office building designed to achieve U.S. Green Building Council LEED Leadership in Energy and Environmental Design Platinum certification. LEED Platinum reflects the highest level...
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...
PNC's profit beats analysts' forecasts
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....
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...
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