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Analyst Report: PNC Financial Services Group

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Argus

Argus

Apr 17, 2025

The PNC Financial Services Group, Inc.: Robust net interest income guide maintained for 2025

Sector(s)

Financial Services

Summary

Based in Pittsburgh, PNC provides a range of retail and commercial banking, residential mortgage lending, and asset management services. It has operations in Pennsylvania, Ohio, New Jersey, Michigan, Illinois, Maryland, Indiana, North Carolina, Florida, Kentucky, Washington, D.C., Delaware, Alabama, Virginia, Missouri, Georgia, Wisconsin and South Carolina.

In May 2020, PNC disposed of its 22% stake in BlackRock Inc. (BLK) in a registered off

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Analyst Profile

Stephen Biggar

Director of Financial Institutions Research

Stephen is responsible for coverage of large global banks, regional banks and domestic credit card companies. He has covered financial services stocks for more than 20 years. He is also a member of the Argus Investment Policy Committee and Senior Portfolio Group, and frequently appears in print and broadcast media discussing the equity markets. Previously, he was the global director of equity research for S&P Capital IQ. He holds a degree in economics from Rutgers University.

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