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PNC Financial Services Group Inc. (PNC) is in the Financial Services Industry

Revenue
Dec 31 2007
$9.9B
Profit
Dec 31 2007
$1.4B
Market Cap
May 08 2008
$23.1B

Latest News and Analysis

Additional Resources

  • PNC Changes Prime Rate

    PITTSBURGH, April 30 /PRNewswire-FirstCall/ -- PNC announced a decrease in its prime lending rate. The new rate of 5.00 percent is effective today, April 30, 2008. The PNC Financial Services Group, Inc. (http://www.pnc.com/) is one of the nation's largest diversified financial services organizations providing retail and...

    Articles 2008-04-30

  • The PNC Financial Services Group, Inc. and PNC Bank Settle Landmark Patent Infringement Litigation

    PNC Bank Licenses DataTreasury Patents PLANO, Texas -- DataTreasury Corporation, a Texas technology company, announced today that it had settled a patent infringement lawsuit brought against The PNC Financial Services Group, Inc. and PNC Bank, two of 55 defendants in active litigation in the United States District Court...

    Articles 2008-04-21

  • PNC Reports First Quarter Net Income of $377 Million and $1.09 Diluted EPS

    Capital levels strengthen; asset quality solid PITTSBURGH, April 17 /PRNewswire-FirstCall/ -- The PNC Financial Services Group, Inc. today reported net income of $377 million, or $1.09 per diluted share, for the first quarter of 2008 compared with net income of $459 million, or $1.46 per diluted...

    Articles 2008-04-17

  • Most Affluent Americans Earn Their Wealth, Feel More Secure During Economic Downturns, PNC Survey Reveals

    - 'Earners' Worry Less Than Heirs, Take Greater Risks With Investments - PHILADELPHIA, April 10 /PRNewswire-FirstCall/ -- An overwhelming number of affluent Americans earned their wealth and are more likely to feel secure during challenging economic times compared to peers who inherited their money, according to findings...

    Articles 2008-04-10

  • PNC Raises Common Stock Dividend Five Percent

    PITTSBURGH, April 4, 2008 /PRNewswire-FirstCall/ -- The board of directors of The PNC Financial Services Group, Inc. approved a quarterly cash dividend on the common stock of 66 cents a share, an increase of three cents per share or five percent from the prior quarterly dividend of 63...

    Articles 2008-04-04

  • Rising operating costs worry Maryland business owners

    The weekly cost of operating Mike Kostinsky's pizza shop, Sorrento of Arbutus, has increased by $1,000 since December. Kostinsky said inflation has caused the price of flour to double. Business is better than expected, but the cost of oil, flour and other ingredients have eaten into...

    Articles 2008-04-04

  • PNC Completes Acquisition of Sterling Financial Corporation

    Announces Final Consideration PITTSBURGH, April 4, 2008 /PRNewswire-FirstCall/ -- The PNC Financial Services Group, Inc. announced today that it has completed its acquisition of Sterling Financial Corporation. Shares of Sterling will no longer be listed on the NASDAQ stock exchange. The value of the...

    Articles 2008-04-04

  • Progressive Following on pnc financial services group inc.

    M2 PRESSWIRE-4 April 2008-The SI Report: Progressive Following on PNC Financial Services Group Inc.(C)1994-2008 M2 COMMUNICATIONS LTD RDATE:04042008 Streetinvesting.com has now resumed our progressive review of PNC Financial Services Group Inc. (NYSE:PNC) as it fell down $0.68 on below ...

    Articles 2008-04-04

  • pnc financial services group inc. Review in Progress.

    M2 PRESSWIRE-4 April 2008-The Maybach Journal: PNC Financial Services Group Inc. Review in Progress(C)1994-2008 M2 COMMUNICATIONS LTD RDATE:04042008 MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Investors wanting to know the truth...

    Articles 2008-04-04

  • Most U.S. Business Owners Expect Little Boost From Fiscal Stimulus Package Amid Weakened Outlook

    To: NATIONAL EDITORS Contact: Patrick McMahon of PNC Financial Services Group, Inc.,+1-412-762-2477, patrick.mcmahon@pnc.com PITTSBURGH, April 3, 2008 /PRNewswire-FirstCall/ -- Despite lowerinterest rates and adoption of the federal fiscal stimulus plan, theoutlook among the nation's small and mid-sized business owners hasfallen to record lows in the six-year history of the...

    Articles 2008-04-03

  • pnc financial services group inc. Review in Progress.

    M2 PRESSWIRE-3 April 2008-The Maybach Journal: PNC Financial Services Group Inc. Review in Progress(C)1994-2008 M2 COMMUNICATIONS LTD RDATE:03042008 MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Investors wanting to know the truth...

    Articles 2008-04-03

  • Sterling Financial Corporation of Lancaster, Pa., Nasdaq Additional Staff Determination Notice

    LANCASTER, Pa., April 1, 2008 /PRNewswire-FirstCall/ -- Sterling Financial Corporation announced today that on March 26, 2008, Sterling received a Nasdaq Additional Staff Determination indicating that Sterling was not in compliance with the filing requirements for continued listing on the Nasdaq Global Select market and therefore Sterling's securities...

    Articles 2008-04-01

  • HL Financial Services Completes Acquisition of Hilliard Lyons from PNC

    LOUISVILLE, Ky. -- HL Financial Services, LLC, a newly formed company owned by employees of Hilliard Lyons and their financial partner, Houchens Industries, Inc., announced today that it has completed the acquisition of Hilliard Lyons from The PNC Financial Services Group, Inc. (NYSE: PNC). Hilliard Lyons will retain its name,...

    Articles 2008-03-31

  • PNC Completes the Sale of Hillard Lyons to Houchens Industries, Inc

    PITTSBURGH, March 31 /PRNewswire-FirstCall/ -- The PNC Financial Services Group, Inc. announced today that it completed the sale of Louisville, Ky.-based, J.J.B. Hilliard, W.L. Lyons, a brokerage and financial services company, to Houchens Industries, Inc., located in Bowling Green, Ky. The PNC Financial Services Group, Inc....

    Articles 2008-03-31

  • The PNC Financial Services Group to Report First Quarter Earnings April 17

    Annual Shareholders Meeting To Be Held On April 22 PITTSBURGH, March 28 /PRNewswire-FirstCall/ -- The PNC Financial Services Group, Inc. announced today that it expects to issue financial results for the first quarter of 2008 on Thursday, April 17, 2008. Separately, at 11 a.m. (EDT) on...

    Articles 2008-03-28

  • Sterling Shareholders Approve Merger with PNC

    LANCASTER, Pa., March 26 /PRNewswire-FirstCall/ -- Sterling Financial Corporation of Lancaster, Pa., announced that at a special shareholders meeting held today, its shareholders overwhelmingly approved the merger with and into The PNC Financial Services Group, Inc. . The proposed merger with PNC was announced on July...

    Articles 2008-03-26

  • Seven Summits Research Releases Alerts on MSFT, UNH, X, PNC, and MMM

    CHICAGO, March 18 /PRNewswire-FirstCall/ -- Seven Summits Research issues PriceWatch Alerts for key stocks. Seven Summits Strategic Investments' PriceWatch Alerts are available at http://www.iotogo.com/s/031808A (Note: You may have to copy this link into your browser then press the [ENTER] key.) Today's PriceWatch Alerts...

    Articles 2008-03-18

  • Incorporated: 1983
  • CEO: Mr. James E. Rohr
  • Employees: 25,480
PNC Financial Services Group is a financial services company engaged in retail banking, corporate and institutional banking, asset management, and global fund processing services. Co. operates through four segments: Retail Banking, which provides deposit, lending, brokerage, trust, investment management, and cash management services; Corporate & Institutional Banking, which provides lending, treasury management, and capital markets products and services; BlackRock, which manages assets on behalf of institutions and individuals; and PFPC, which provides processing, technology and business systems. As of Dec 31 2007, Co. had total assets of $138.92 billion.

Key Competitors

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PNC Financial Services Group Inc. Company Info

Board of Directors

Mr. James E. Rohr

Chairman

Mr. Anthony A. Massaro

Ms. Jane G. Pepper

Ms. Lorene K. Steffes

Mr. Stephen G. Thieke

Mr. Dennis F. Strigl

Mr. Thomas J. Usher

Mr. George H. Walls Jr.

Mr. Helge H. Wehmeier

Mr. Richard O. Berndt

Mr. Charles E. Bunch

Mr. William S. Demchak

Vice-Chairman

Mr. Donald J. Shepard

Mr. William C. Mutterperl

Vice-Chairman

Mr. Paul W. Chellgren

Mr. Robert N. Clay

Mr. George A. Davidson Jr.

Mr. Kay Coles James

Mr. Richard B. Kelson

Mr. Bruce C. Lindsay

Contact Information

One PNC Plaza

249 Fifth Avenue

Pittsburgh, PA

http://www.pnc.com

412 762-2000

NAICS Code

Commercial Banking: 522110
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