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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

77/100

OVERVIEW

Founded:

1852

Headquarters:

PittsburghPennsylvania

Status:

PublicIndependent Company of NYSEPNC

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

November 11, 2019

Reuters

UBS fined $51 million by Hong Kong regulator for overcharging clients

Swiss bank UBS was fined HK$400 million ($51.09 million) by Hong Kong's securities regulator for over... See more »

Today 1:14 AM

Global Legal Chronicle

Ferroglobe's $100 Million Revolving Credit Facility

Cravath represented the borrower, Ferroglobe PLC, on the deal. Ferroglobe PLC closed $100 million rev... See more »

November 11, 2019

MarketScreener

Citi : Announces Partnership With Roberts & Ryan Investments

(marketscreener.com) Citi announced today that it has entered into a mentor-protégé partnership with ... 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 205,637 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 155,937 more employees.

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

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

William S. Demchak

President

- -
53,063
$0
$23.8B
1

Charles Scharf

President & CEO

72/100
258,700
- -
$86.2B
2

Brian T. Moynihan

Chairman & CEO

70/100
204,489
- -
$91.8B
3

CEO

- -
22,899
- -
$9.6B
4

Jamie Dimon

Chairman & CEO

73/100
254,983
- -
$25B
5

Michael L. Corbat

CEO

72/100
323,000
$1.2B
$119.4B
6

Andrew Cecere

CEO

78/100
73,333
- -
$23B
7

Richard D. Fairbank

Chairman & CEO

99/100
47,600
- -
$36.4B
8

Alison Rose

CEO

82/100
77,900
- -
$17.5B
9

James E Staley

CEO

74/100
119,300
$808.5M
$28.5B
10

Sergio P. Ermotti

CEO

49/100
60,547
$2.7B
$5.3B
The top 10 competitors in PNC's competitive set are Wells Fargo, Bank of America, SunTrust Banks, Chase, Citigroup, U.S. Bank, Capital One, RBS, Barclays and UBS. Together they have raised over 4.7B between their estimated 1.3M employees. PNC has 53,063 employees and is ranked 9th among it's top 10 competitors. The top 10 competitors average 135,983.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$23.8B

PNC's revenue is the ranked 7th among it's top 10 competitors. The top 10 competitors average 42.4B. Over the last four quarters, PNC's revenue has grown by 4.5%. Specifically, in Q3 2019's revenue was $6.1B; in Q2 2019, it was $6B; in Q1 2019, it was $5.8B; in Q4 2018, PNC's revenue was $5.9B.

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

$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
-
MKC is a producer and distributor of machined aluminum die-cast components and subassemblies for transportation and automotive sectors.
$42.4M
Sep 15, 2019
Debt
-
Corso's is a plant nursery that supplies flowering and tropical plants and flower decorated products.
$18.5M
Aug 21, 2019
Debt
-
Mountainside Fitness owns and operates a chain of health clubs that offers membership-based fitness programs for individuals.
-
Aug 12, 2019
Equity
-

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

November 6, 2019Delaware Business Now

PNC names new Delaware market executive, signs long-term lease for downtown headquarters

PNC Bank has a new Delaware Market Executive and announced plans to keep its headquarters in Wilmingt... See more »
November 1, 2019MarketScreener

Issues Inaugural Green Bond

(marketscreener.com) PITTSBURGH, Nov. 1, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. ... See more »
October 24, 2019MarketScreener

Releases Results Of Dodd-Frank Company-Run Stress Test

(marketscreener.com) PITTSBURGH, Oct. 24, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc.... See more »
October 22, 2019Banking Technology

Mastercard trials Payment on Delivery with PNC Bank

New solutions aims to eliminate problems around cash and cheque usage.... See more »
October 21, 2019Restaurant News Resource

FCPT Closes Two Bank Properties from Washington Prime for $3.0 Million

The Citibank and PNC Bank properties are located in Illinois and Ohio, respectively, and are leased t... See more »
October 21, 2019Finextra

PNC provides intelligent routing for treasury payments

PNC Treasury Management today announced that it now offers intelligent payment routing capabilities.... See more »
October 21, 2019PYMNTS

PNC Automates Faster Payments Choice For Corporate Treasurers

PNC Treasury Management is rolling out a new solution designed to optimize corporate treasurers' B2B ... See more »

PNC Press Releases

October 3, 2019PR Newswire

PNC Declares Dividend Of $1.15 On Common Stock

PITTSBURGH, Oct. 3, 2019 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, ... See more »
October 2, 2019University Chronicle

PNC Highlights CSR Achievements

The PNC Financial Services Group, Inc. (NYSE: PNC), one of the largest diversified financial services... See more »
September 24, 2019PR Newswire

The PNC Financial Services Group And M Financial Group Announce New Strategic Relationship

PITTSBURGH, Sept. 24, 2019 /PRNewswire/ -- The PNC Financial Services Group (NYSE: PNC) and M Financi... See more »
September 6, 2019PR Newswire

PNC Announces Redemption Of 2.400 Percent Senior Bank Notes Due October 18, 2019

PITTSBURGH, Sept. 6, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today an... See more »
September 5, 2019PR Newswire

Thrival 2019 Announces Innovation Summit Speakers, Welcomes PNC Bank, Sheetz, Carnegie Mellon University To The Stage

PITTSBURGH, Sept. 5, 2019 /PRNewswire/ -- The seventh annual Thrival Festival announced their speaker... See more »
August 28, 2019PR Newswire

PNC Chief Executive to Speak at Barclays Global Financial Services Conference

PITTSBURGH, Aug. 28, 2019 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announce... See more »
July 25, 2019CentralCharts

PNC Bank Expands ATM Access For Customers Nationwide At 7-Eleven® Stores

PNC Bank, N.A. announced today an agreement with ATM provider FCTI, Inc., to offer PNC customers acce... 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 77%. PNC's primary competitors are Wells Fargo, Bank of America & SunTrust Banks.

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 $23.8B 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 Banks

  4. Who has PNC invested in?

    PNC's has invested in companies such as Ferroglobe, ATI, MKC
Stay up-to-date with the latest news on PNC