BNET Industries
Market Cap:$25.2B
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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Fitch Assigns U.S. Resi Servicer Ratings to PNC Bank
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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
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Acacia Subsidiary Enters into License Agreement with PNC
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Calyon Securities USA Inc. raises PNC Financial Services to 'outperform'
News & Analysis
Filter by
pnc financial services group inc. - All News and Analysis
Pay Limits Hamper BofA Chief Search: Report
Reuters
- 2009-11-14
CHICAGO (Reuters) - Bank of America Corp's BAC search for a new chief executive has been hurt by federal pay limits that played a major role in the senior vice chairman of PNC Financial Services Group Inc PNC spurning feelers from the company, the Wall Street Journal reported on Saturday.PNC's...
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....
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...
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...
FTSE Up 1 Pct on Commods, Banks
ReutersUK
- 2009-10-23
By Paul SandleLONDON (Reuters UK) - Gains in banks and commodity stocks pushed the top share index up 1 percent early on Friday, after U.S. and Asian equities gained on upbeat earnings, and ahead of third-quarter gross domestic product data.By 9:09 a.m. the FTSE 100 was 52.21 points higher...
PNC Financial Service Group Q3 2009 Earnings Call Transcript
Seeking Alpha
- 2009-10-22
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...
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...
Another Reason for Corporate Fraud: 'We Like Stealing'
Seeking Alpha
- 2009-09-15
Research Recap submits: PNC PNC, Manitowoc MTW, Tuto Perini TPC top list of companies with risky corporate governance practices. Guest Post by James A. Kaplan, Chairman and CEO, Audit Integrity by Research Recap
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
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
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