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PNC's Competitors, Revenue, Number of Employees, Funding and Acquisitions

PNC offers personal and retail banking, mortgage​ loans, retirement planning, and wealth management services for individ... Read more

Based on data from PNC's latest SEC filings

Annual Revenue

Based on data from PNC's latest SEC filings

Employees

William S. Demchak's photo - President of PNC

President

William S. Demchak

CEO Approval Rating

91/100

OVERVIEW

Founded:

1852

Headquarters:

Pittsburgh, Pennsylvania

Status:

PublicNYSEPNC

Industry Sector:

Mortgage Finance,
Diversified Financial Services

SIC Code:

6162NAICS listing »

6199NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is Chase a competitor of PNC?

I don't know

Trending News for PNC and PNC's Competitors

April 3, 2020

The Business Journals: Pittsburgh Business Times

PNC taking annual shareholder meeting virtual

PNC Financial Services Group Inc. on Friday said it will hold its upcoming annual shareholder meeting... See more »

April 3, 2020

Reuters

UPDATE 2-U.S. small businesses flood Bank of America with loan applications

Bank of America Corp said on Friday it has already received about 35,000 applications for federally b... See more »

April 3, 2020

The Business Journals: San Francisco Business Times

Will Wells Fargo be sidelined in SBA's relief efforts for small business?

Wells Fargo's Fed-imposed asset cap could sharply limit the bank's role in the government's efforts t... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Wells Fargo is perceived as one of PNC's biggest rivals. Wells Fargo was founded in 1852, and its headquarters is in San Francisco, California. Like PNC, Wells Fargo also works within the Mortgage Finance field. Wells Fargo has 206,737 more employees than PNC.

Bank of America is one of PNC's top rivals. Bank of America is a Public company that was founded in 1998 in Charlotte, North Carolina. Like PNC, Bank of America also competes in the Diversified Financial Services sector. Compared to PNC, Bank of America has 154,937 more employees.

SunTrust is PNC's #3 rival. SunTrust is a Private company that was founded in Atlanta, Georgia in 1985. Like PNC, SunTrust also operates in the Mortgage Finance sector. SunTrust has 30,164 fewer employees vs. PNC.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

William S. Demchak

President

- -
53,063
$0
$17.8B
1

Charles Scharf

President & CEO

79/100
258,700
- -
$85.1B
2

Brian Moynihan

Chairman & CEO

68/100
204,489
- -
$91.2B
3

CEO

- -
22,899
- -
$9.6B
4

Jamie Dimon

Chairman & CEO

73/100
189,315
- -
$82.8B
5

Michael L. Corbat

CEO

78/100
323,000
$1.2B
$74.3B
6

Andrew Cecere

Chairman & CEO

78/100
73,333
- -
$22.9B
7

Richard D. Fairbank

Chairman & CEO

99/100
51,900
- -
$28.6B
8

Alison Rose

CEO

61/100
77,900
- -
$18.7B
9

James E Staley

CEO

66/100
119,300
$872.4M
$28.4B
10

Sergio P. Ermotti

CEO

65/100
60,547
$2.7B
$4.5B
The top 10 competitors in PNC's competitive set are Wells Fargo, Bank of America, SunTrust, Chase, Citi, U.S. Bank, Capital One, RBS, Barclays and UBS. Together they have raised over 4.8B between their estimated 1.2M employees. PNC has 53,063 employees and is ranked 9th among it's top 10 competitors. The top 10 competitors average 130,404.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$17.8B

PNC's revenue is the ranked 9th among it's top 10 competitors. The top 10 competitors average 42.2B. Over the last four quarters, PNC's revenue has grown by 7.5%. Specifically, in Q4 2019's revenue was $4.6B; in Q3 2019, it was $4.5B; in Q2 2019, it was $4.4B; in Q1 2019, PNC's revenue was $4.3B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Ambassador Financial Group, Inc.

Jan 2019

Source »
undisclosed
AFG provides balance sheet management, portfolio accounting and investment banking services to the financial sector.
Fortis Advisors LLC.

Dec 2017

Source »
undisclosed
Fortis is a provider of financial planning, consulting, investment management and advisory services for individuals and businesses.
The Trout Group LLC.

Nov 2017

Source »
undisclosed
Trout is an investor relation and strategic advisory firm that provides targeting, outreach and market intelligence services to medical and life science sectors.
Flagstar Bancorp Inc

Dec 2011

Source »
$42M
Flagstar Bank is a bank offering financial products and services for individuals and businesses.

-

-

Jun 2011

Source »
undisclosed
-

These are all the companies that PNC has acquired. PNC has acquired 6 companies and its latest acquisition was Ambassador Financial Group, Inc. in Jan 2019. AFG provides balance sheet management, portfolio accounting and investment banking services to the financial sector.

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Ryder is a provider of commercial fleet management, transportation and supply chain management solutions.
$400M
Mar 31, 2020
Debt
Mar 01, 1998
Hudson provides life cycle management of refrigerants and compressed gases for commercial and industrial chiller plants.
$60M
Dec 18, 2019
Debt
-
AccessOne develops a financial engagement platform that provides medical financing and patient healthcare payment solutions.
$225M
Nov 18, 2019
Debt
-
$100M
Oct 10, 2019
Debt
-
ATI is a manufacturer and supplier of titanium, nickel and cobalt-based machined components for aerospace, defense, automotive and medical industries.
$600M
Oct 02, 2019
Debt
-

These are all the companies that PNC has invested in. PNC has invested 6 companies and its latest investment was Ambassador Financial Group, Inc. in Jan 2019. AFG provides balance sheet management, portfolio accounting and investment banking services to the financial sector.

PNC News

March 30, 2020The Business Journals: Pittsburgh Business Times

AG launches PA CARE Package, PNC signs on

PNC Financial Services Group Inc. on Monday became the first bank in the state to commit to Attorney ... See more »
March 27, 2020The Business Journals

Richard Bynum

Editor's note: Selection of and interviews with our 2020 Minority Business Leader Awards honorees too... See more »
March 27, 2020The Business Journals: Washington, D.C.

Richard Bynum

Editor's note: Selection of and interviews with our 2020 Minority Business Leader Awards honorees too... See more »
March 26, 2020The Business Journals: Pittsburgh Business Times

PNC Mezzanine invests $19M in deal

Pittsburgh's second-largest private equity firm supports Chicago firm's acquisition of manufacturer.... See more »
March 23, 2020Chicago Business

Uzma Kazmi, promoted to Market Manager at PNC Financial Services Group, Inc.

Uzma Kazmi has been named Market Manager for PNC Business Banking in Greater Chicago and Wisconsin. S... See more »
March 20, 2020Central Penn Business Journal

PNC, Orrstown banks announces leadership changes

The institutional asset management team at PNC Bank has a new senior business development officer in ... See more »
March 20, 2020The Business Journals: Philadelphia

PNC branches will be temporarily in 'drive-up only mode'

PNC on Friday is moving to mostly drive-up only mode at about three-quarters of its branches and will... See more »

PNC Press Releases

January 27, 2020CSRwire

PNC Again Named to 2020 Bloomberg Gender-Equality Index

The PNC Financial Services Group, Inc. (NYSE: PNC), announced that it has been named to the 2020 Bloo... See more »
January 15, 2020Newswire

The Early Learning Alliance Network Receives Funding From PNC Foundation to Help Early Childhood Educators Develop Skills to Integrate STEM/STEAM Learning for Young Children

See more »
December 5, 2019centralcharts

FCPT Announces Acquisition of PNC Bank Property for $1.5 Million

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the owne... See more »
November 20, 2019StreetInsider

It's A Silent Night For '12 Days of Christmas' Prices, According to PNC

See more »
November 20, 2019PR Newswire

Federated Investors, Inc. Completes Acquisition of Certain Investment-Related Assets from PNC Bank, N.A.

PITTSBURGH, Nov. 19, 2019 /PRNewswire/ -- Federated Investors, Inc. (NYSE: FII), a leading global inv... See more »
November 15, 2019University Chronicle

PNC Foundation Announces $150,000 Grant To Replace Cincinnati's Inwood Park Playground

The PNC Foundation announced today that it is awarding a $150,000 grant to the Cincinnati Parks Found... See more »
November 13, 2019University Chronicle

PNC Foundation Joins the TMW Center at University of Chicago to Launch New "Any Time is 3Ts Time" to Boost Early Learning

The PNC Foundation today awarded a $3.3 million grant to the TMW Center for Early Learning + Public H... See more »

PNC Videos

December 4, 2017PNC Youtube Channel

"Christmas Price Index: Partridge in a Pear Tree" on YOUTUBE

See more »
April 25, 2017PNC Youtube Channel

"Home Insight - Hello Home - 15" on YOUTUBE

See more »
April 20, 2017PNC Youtube Channel

"Cash Flow Champions: Saving" on YOUTUBE

See more »
March 20, 2017PNC Youtube Channel

"PNC Doing Well, Doing Right" on YOUTUBE

See more »
March 15, 2017PNC Youtube Channel

"PNC's 2016 Corporate Social Responsibility Report" on YOUTUBE

See more »
February 16, 2017PNC Youtube Channel

"Tax time means IRS imposters are calling & emailing taxpayers" on YOUTUBE

See more »
February 16, 2017PNC Youtube Channel

"Tax Time PNC020817" on YOUTUBE

See more »

Social Statistics

Headquarters

The Tower at PNC Plaza 300 Fifth Avenue

Pittsburgh, Pennsylvania15222

412-762-2000

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

PNC offers personal and retail banking, mortgage​ loans, retirement planning, and wealth management services for individuals and businesses. PNC was founded in 1852. PNC's headquarters is located in Pittsburgh, Pennsylvania, USA 15222. PNC's Presiden...

CEO

PNC's President, William S. Demchak, currently has an approval rating of 91%. PNC's primary competitors are Wells Fargo, Bank of America & SunTrust.

Website

pnc.com

Frequently Asked Questions about PNC

  1. When was PNC founded?

    PNC was founded in 1852

  2. Who is PNC's CEO?

    PNC's CEO is William S. Demchak

  3. How much revenue does PNC generate?

    PNC generates $17.8B in revenue

  4. How much funding does PNC have?

    PNC has historically raised $0 in funding

  5. Where is PNC's headquarters?

    PNC's headquarters is in Pittsburgh Pennsylvania, USA

  1. How many employees does PNC have?

    PNC has 53,063 employees

  2. What sector does PNC operate in?

    PNC is in Mortgage Finance, Diversified Financial Services

  3. Who are PNC's competitors?

    PNC's top competitors are Wells Fargo, Bank of America, SunTrust

  4. Who has PNC invested in?

    PNC's has invested in companies such as Ryder, Hudson, AccessOne MedCard
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