PNC Financial Services Group Inc is the 8th bank in U.S by assets

PNC Financial Services Group Inc is the 8th bank in U.S by assets

PNC Financial Services Group Inc is the 8th bank in U.S by assets. PNC Financial Services Group, Inc. (stylized as PNC) is a Pittsburgh-based financial services corporation, with assets as of December 31, 2016, of approximately $366 billion, as well as deposits of approximately $249 billion. PNC operations include a regional banking franchise operating primarily in nineteen states and the District of Columbia with 2,520 branches and 9,024 ATMs, specialized financial businesses serving companies and government entities, and asset management and processing businesses.

10 largest banks in the U.S. by assets

JPMorgan Chase Bank of America Corp. Wells Fargo & Co Citigroup Inc. Goldman Sachs Group Inc.
Morgan Stanley U.S. Bancorp PNC Financial Services Group Inc. TD Group US Holdings LLC Capital One Financial Corp

In the U.S., PNC is the fifth largest bank by number of branch offices, sixth largest by deposits, eighth largest by total assets, and fourth largest in number of ATMs.

PNC Bank NA is the principal subsidiary of the PNC Financial Services Group, Inc. Based in Pittsburgh, Pennsylvania, PNC Bank offers consumer and corporate services in 2,520 branches in Alabama, Delaware, the District of Columbia, Florida, Georgia, Kentucky, Indiana, Illinois, Maryland, Michigan, Missouri, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Virginia, West Virginia, & Wisconsin. PNC also owns 22% of publicly traded fund manager BlackRock.

In April 2006, the J.D. Power Consumer Center released the results of its New York Retail Banking Satisfaction Study indicating that PNC Bank had an average number of satisfied customers.

PNC has also subcontracted with Nationwide Bank and Washington Federal to process its home equity and auto loans. The operation sends out bulk mailings with offers and has customer care centers in Pittsburgh, PA, and Kalamazoo, MI, to handle this, and other PNC Bank customer service and sales calls.

PNC Financial Services Group Inc is the 8th bank in U.S by assets

Type Public
Traded as NYSE: PNC
S&P 500 Component
Industry Banking, Financial services
Predecessor Pittsburgh National Corporation
Provident National Corporation
Founded April 10, 1845; 172 years ago
Operational: January 28, 1852
Headquarters Tower at PNC Plaza
Pittsburgh, Pennsylvania, United States
Number of locations 2,520 branches
Key people William S. Demchak (CEO)
Robert Q. Reilly (CFO)
Revenue  US$16.423 billion (2016)
Net income  US$3.903 billion (2016)
Total assets  US$366.38 billion (2016)
Total equity  US$45.699 billion (2016)
Number of employees 49,360 (2016)
Website PNC.com

PNC Financial Services Group Inc is the 8th bank in U.S by assets

PNC Financial Services Group Inc is the 8th bank in U.S by assets

PNC Financial Services Group Inc is the 8th bank in U.S by assets
PNC Financial Services Group Inc is the 8th bank in U.S by assets

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