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

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

Are PNC's Account Gimmicks Going Too Far?

Seeking Alpha - 2009-10-27

Reggie Middleton submits: You know, I happen to really, really appreciate the blogoshpere. There are a select handful of blogs that offer unique, insightful and very difficult to come by expertise, opinion and commentary. Much more so than the mainstream media and even more so than the more specialized media....

Tags: Financial, Reggie Middleton, PNC Financial Services Group Inc.
PNC Results Not as Rosy as They Seem

Seeking Alpha - 2009-10-27

Reggie Middleton submits: PNC has reported strong accounting earnings for Q3-09 and lower charge-offs as well as lower 90 day lates. The press and the blogs were all over it as a news search in Google reveals: PNC Financial Services profit jumps 88% - MarketWatch PNC Financial Services...

Tags: Financial, Reggie Middleton, PNC Financial Services Group Inc.
Bove Finally Cuts Some Regional Bank Ratings

Seeking Alpha - 2009-10-27

Ray submits: What took him so long to figure out that there were problems with this sector? Picking through most of the earnings reports, you see massive “goodwill” and “intangible” builds, along with serious problems with deteriorating credit quality. Even PNC that everyone fawned over last week...

Tags: Financial, Ray, PNC Financial Services Group Inc.
Earnings Preview: PNC Financial

Seeking Alpha - 2009-10-21

PNC Financial PNC is expected to report Q3 earnings before the market open on Thursday, October 22 with a conference call scheduled for 8:30 am ET. Guidance Analysts are looking for EPS of 31c on revenue of $3.78B. The consensus range is 10c-65c for EPS, and...

Tags: Financial, theflyonthewall.com, PNC Financial Services Group Inc.
U.S. Regional Banks See Further CRE Pain

Seeking Alpha - 2009-09-15

Research Recap submits: Both PNC and SunTrust expect a continued sluggish banking environment with specific mounting weakness in commercial real estate. Regional banks addressed their commercial real estate exposure in presentations this morning at BarCap’s Global Financial Services Conference: by Research Recap

Tags: Financial, Research Recap, PNC Financial Services Group Inc., SunTrust Banks Inc.

Three More Banks Shut Down by the FDIC

Seeking Alpha - 2009-08-16

Ray submits: Three more banks were closed on the West Coast Friday tonight. Bringing the total up to 77 banks closed so far this year. They are as follows: by Ray

Tags: US Market, Financial, Ray, BB&T Corp., PNC Financial Services Group Inc.
More Reasons to Short PNC

Seeking Alpha - 2009-07-27

Reggie Middleton submits: It looks as if a BoomBustBlogger subscriber has made it into the news with a large option trade - STOCKS NEWS US-Bears flock to PNC Financial put options PNC Financial Services fell 4.33 percent to $35.79. It reported a steep drop in quarterly...

Tags: Financial, Reggie Middleton, PNC Financial Services Group Inc.
PNC Financial Services Group Q2 2009 Earnings Call

Seeking Alpha - 2009-07-23

PNC Financial Services Group PNC Q2 2009 Earnings Call July 23, 2009 11:00 am ET

Tags: Financial, PNC Financial Services Group Inc.
Earnings Preview: PNC

Seeking Alpha - 2009-07-22

PNC Financial Services Group PNC is expected to report Q2 earnings before the market open on Thursday, July 23 with a conference call scheduled for 11:00 am. Guidance Analysts are looking for EPS of 45c on revenue of $3.65B. The consensus range for EPS is 20c to 82c, while...

Tags: Financial, theflyonthewall.com, PNC Financial Services Group Inc.
Earnings Preview: PNC Financial Services

Seeking Alpha - 2009-04-22

PNC Financial Services PNC is slated to report Q1 earnings before the market open on Thursday, April 23, with a conference call scheduled for 9:00 am ET. Guidance Analysts are looking for EPS of 42c on revenue of $3.52B. The consensus range is 23c-64c for EPS, and $3.41B-$3.65B for...

Tags: Financial, theflyonthewall.com, PNC Financial Services Group Inc.