PNC Financial Services Group Inc

NYSE PNC

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PNC Financial Services Group Inc Market Capitalization on June 03, 2024: USD 61.68 B

PNC Financial Services Group Inc Market Capitalization is USD 61.68 B on June 03, 2024, a 25.39% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • PNC Financial Services Group Inc 52-week high Market Capitalization is USD 64.45 B on April 09, 2024, which is 4.49% above the current Market Capitalization.
  • PNC Financial Services Group Inc 52-week low Market Capitalization is USD 43.67 B on October 23, 2023, which is -29.20% below the current Market Capitalization.
  • PNC Financial Services Group Inc average Market Capitalization for the last 52 weeks is USD 54.94 B.
NYSE: PNC

PNC Financial Services Group Inc

CEO Mr. William S. Demchak
IPO Date Sept. 7, 1988
Location United States
Headquarters The Tower at PNC Plaza, Pittsburgh, PA, United States, 15222-2401
Employees 54,441
Sector Financial Services
Industry Banks - regional
Description

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. It operates through three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group segments. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as time deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and investment and cash management services. This segment serves consumer and small business customers through a network of branches, digital channels, ATMs, and through phone-based customer contact centers. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, and equipment leases; cash and investment management services, receivables and disbursement management services, funds transfer services, international payment services, and access to online/mobile information management and reporting; securities underwriting, loan syndications, customer-related trading, and mergers and acquisitions and equity capital markets advisory related services; and commercial loan servicing and technology solutions. It serves mid-sized and large corporations, and government and not-for-profit entities. The company's Asset Management Group segment offers investment and retirement planning, customized investment management, credit and cash management solutions, and trust management and administration services for high net worth and ultra high net worth individuals, and their families; and multi-generational family planning services for ultra high net worth individuals and their families. It also provides outsourced chief investment officer, custody, private real estate, cash and fixed income client solutions, and retirement plan fiduciary investment services for institutional clients. The company was founded in 1852 and is headquartered in Pittsburgh, P

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StockViz Staff

September 19, 2024

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