The PNC Financial Services Group, Inc.

What does PNC own?
PNC operates PNC Bank covering retail, commercial, and wealth banking, plus Harris Williams for M&A advisory and the acquired FirstBank franchise in Colorado.

Is PNC publicly traded?
Yes. PNC Financial Services Group trades on the NYSE under ticker PNC and is a component of the S&P 500.

What does PNC stand for?
PNC derives from the 1982 merger of Pittsburgh National Corporation and Provident National Corporation.

Where is PNC headquartered?
PNC is headquartered in Pittsburgh, Pennsylvania, USA.

Who owns PNC?
PNC is owned by public shareholders with no controlling investor. William Demchak serves as Chairman and CEO.

What is PNC's revenue?
PNC reported FY2025 record revenue of $23.1 billion with net income of $7.0 billion and diluted EPS of $16.59.

How many customers does PNC serve?
PNC serves millions of consumer and business customers across a national branch network and digital platform, with $440.9 billion in deposits.

PNC traces to 1852, when the Pittsburgh Trust and Savings Company was founded in Pittsburgh. The modern entity formed in 1982 through the merger of Pittsburgh National Corporation and Provident National Corporation, combining two regional banks into PNC Financial Corporation.

Through the 1990s and 2000s PNC expanded beyond Pennsylvania into Ohio, New Jersey, and the broader Mid-Atlantic, becoming a super-regional bank. The 2008 acquisition of National City Corporation, completed during the financial crisis, nearly doubled the franchise's size and extended its reach into the Midwest.

The 2021 acquisition of BBVA USA added significant operations in Texas, Alabama, Arizona, California, Colorado, Florida, and New Mexico, transforming PNC into a coast-to-coast bank with a national footprint rather than a regional one.

The FirstBank acquisition closed January 5, 2026, adding a Colorado-focused franchise to the growing western footprint, part of PNC's strategy of building density in high-growth markets.

PNC's sustainability program covers environmental finance targets including commitments to lend to green projects, operational emissions reduction, and community investment through PNC Grow Up Great, its early childhood education initiative that is one of the largest bank-funded education programs in the country.

The bank publishes ESG reporting covering its lending book's emissions profile and community reinvestment activity. As a large commercial lender it participates in debates about fossil fuel financing, disclosing its approach within regulatory frameworks.

• Fortune 500: PNC ranks on the Fortune 500 by revenue.
• Barron's recognition: The bank has been recognized for digital banking and customer experience.
• Community investment recognition: PNC Grow Up Great is recognized as a major corporate philanthropy program.

National City integration legacy: The 2008 National City acquisition's use of TARP funds drew congressional scrutiny, resolved through repayment and integration over subsequent years.

Overdraft and fee practices: Like other large banks, PNC has faced periodic scrutiny over overdraft fees and account practices, including regulatory actions and consumer complaints handled through standard banking regulatory processes.

Mortgage servicing: Periodic regulatory and litigation matters over mortgage servicing and foreclosure practices, typical of large bank operations.