Company profile

Ticker
PNC, PNC-PP, PNC-PQ, PNC+Q
Exchange
Website
CEO
William Stanton Demchak
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
PNC BANK CORP, PNC FINANCIAL SERVICES GROUP INC
SEC CIK
IRS number
251435979

PNC stock data

(
)

Investment data

Data from SEC filings
Top 50 of 5000 long holdings
End of quarter 30 Jun 20
Value
 
#Shares
 
$2.55B 8.23M
$2.49B 6.83M
$2.48B 12.17M
$1.68B 5.45M
$1.25B 10.43M
$1.11B 7.86M
$1.01B 4.04M
$921.54M 4.8M
$824.78M 298.96K
$815.86M 8.67M
$769.14M 6.96M
$768.53M 12.85M
$723.62M 11.89M
$703.32M 5.32M
$694.7M 8.98M
$678.09M 478.19K
$675.19M 9.89M
$642.61M 4.74M
$600.98M 3.26M
$588.35M 3.07M
$555.13M 12.41M
$549.45M 4.76M
$547.74M 3.08M
$537.22M 2.17M
$530.43M 2.75M
$527.34M 3.68M
$508.38M 5.18M
$505.3M 15.45M
$493.75M 8.96M
$481.86M 10.33M
$462.7M 1.93M
$442.08M 2.82M
$441.05M 1.65K
$439.05M 2.17M
$430.99M 2.63M
$427.16M 4.67M
Vanguard Intl Equity Index F
$418.45M 8.79M
$414.13M 3.88M
$413.06M 2.41M
$410.83M 6.99M
$396.21M 1.68M
$391.4M 2.38M
$381.21M 3.22M
$381.04M 4.27M
$376.38M 2.63M
$374.97M 1.27M
$372.61M 2.39M
$353.13M 4.37M
$342.24M 8.78M
SPDR S&P Midcap 400 Etf TR
$341.82M 1.05M
Holdings list only includes long positions. Only includes long positions.

Calendar

4 Aug 20
7 Aug 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Jun 20 Mar 20 Dec 19 Sep 19
Revenue 4.08B 4.52B 3.33B 4.49B
Net income 3.66B 915M 1.38B 1.39B
Diluted EPS 8.4 1.95 2.97 2.94
Net profit margin 89.67% 20.26% 41.42% 30.98%
Net change in cash -1.18B 2.1B
Cash on hand 5.98B 7.16B 5.06B
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 17.83B 17.13B 16.33B 15.16B
Net income 5.42B 5.35B 5.39B 3.99B
Diluted EPS 11.39 10.71 10.36 7.3
Net profit margin 30.39% 31.20% 33.00% 26.28%
Net change in cash -547M
Cash on hand 5.06B 5.61B

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
1 Jul 20 Cafaro Debra A Phantom Stock Unit $5 Par Common Stock Grant Aquire A No 102.83 263 27.04K 2,856
1 Jul 20 Cheshire Marjorie Rodgers Phantom Stock Unit $5 Par Common Stock Grant Aquire A No 102.83 329 33.83K 3,126
1 Jul 20 Andrew T Feldstein Phantom Stock Unit $5 Par Common Stock Grant Aquire A No 102.83 637 65.5K 10,173
80.6% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 1113 1315 -15.4%
Opened positions 74 195 -62.1%
Closed positions 276 70 +294.3%
Increased positions 370 425 -12.9%
Reduced positions 493 451 +9.3%
13F shares
Current Prev Q Change
Total value 268.82B 441.93B -39.2%
Total shares 341.85M 354.4M -3.5%
Total puts 1.08M 2.56M -57.9%
Total calls 1.59M 2.27M -29.7%
Total put/call ratio 0.7 1.1 -40.1%
Largest owners
Shares Value Change
Vanguard 34.11M $3.27B +2.0%
BLK BlackRock 27.5M $2.63B +1.5%
Wellington Management 21.66M $2.07B -5.5%
STT State Street 19.29M $1.85B -3.7%
Capital World Investors 19.14M $1.83B -4.8%
JPM JPMorgan Chase & Co. 13.2M $1.26B +4.8%
Capital International Investors 11.83M $1.13B -5.4%
FMR 10.34M $989.77M -6.7%
BRK.A Berkshire Hathaway 9.2M $880.43M +6.1%
Massachusetts Financial Services 8.14M $779.41M -8.9%
Largest transactions
Shares Bought/sold Change
Norges Bank 0 -4.31M EXIT
APG Asset Management 320.47K -1.52M -82.5%
RY Royal Bank of Canada 1.8M -1.38M -43.4%
Wellington Management 21.66M -1.27M -5.5%
Capital World Investors 19.14M -958.05K -4.8%
BAC Bank of America 7.91M +944.1K +13.6%
Massachusetts Financial Services 8.14M -793.23K -8.9%
Balyasny Asset Management 0 -791.34K EXIT
FMR 10.34M -739.91K -6.7%
STT State Street 19.29M -731.34K -3.7%

Financial report summary

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Risks
  • Our business and financial performance are vulnerable to the impact of adverse economic conditions.
  • The impact of government legislation, regulation and policy and other political factors on the economy could have an adverse effect on our business and financial performance.
  • The policies of the Federal Reserve and other governmental agencies have a significant impact on interest rates and overall financial market performance, which are important to our business and financial performance.
  • As a regulated financial services firm, we are subject to numerous governmental regulations and comprehensive oversight by a variety of regulatory agencies and enforcement authorities. These regulations and the manner in which they are implemented can have a significant impact on our businesses and operations.
  • We are subject to regulatory capital and liquidity standards that affect our business, operations and ability to pay dividends or otherwise return capital to shareholders.
  • New customer privacy initiatives will impose additional operational burdens on PNC, may limit our ability to pursue desirable business initiatives and increase the risks associated with any future use of customer data.
  • Societal responses to climate change could adversely affect our business and performance, including indirectly through impacts on our customers.
  • The use of technology is critical to our ability to maintain or enhance the competitiveness of our businesses.
  • Our use of technology is dependent on having the right to use the underlying intellectual property.
  • We could suffer a material adverse impact from interruptions in the effective operation of our information systems and other technology.
  • We are vulnerable to the risk of third party breaches of data security affecting the functioning of systems or the confidentiality of information, either at PNC or at third parties handling PNC information.
  • We need effective programs to limit the risk of failures or breaches occurring in our information systems and to mitigate the impact when they do.
  • Our business and financial results are subject to risks associated with the creditworthiness of our customers and counterparties.
  • Our business and financial performance are impacted significantly by market interest rates and movements in those rates.
  • Our business and financial performance are vulnerable to the impact of changes in the values of financial assets.
  • Our asset and liability valuations and the determination of the amount of loss allowances and impairments taken on our assets are highly subjective. Inaccurate estimates could materially impact our results of operations or financial position.
  • There are risks resulting from the extensive use of models in our business.
  • Our success depends on our ability to attract and retain customers for our products and services.
  • We are at risk for an adverse impact on our business due to damage to our reputation.
  • We operate in a highly competitive environment in terms of the products and services we offer and the geographic markets in which we conduct business, as well as the labor markets where we compete for talented employees.
  • We depend on the effectiveness and integrity of employees, and the systems and controls for which they are responsible, to manage operational risks.
  • We rely on third party vendors, service providers and other counterparties to help support many aspects of our business. When we do so, our direct control of activities related to our business is reduced, which could introduce risk.
  • We are at risk for the impact of adverse results in legal proceedings.
  • As a result of our substantial minority equity interest in BlackRock, a publicly traded company, its business operations and financial performance can adversely affect PNC and our results.
  • We grow our business in part by acquiring other financial services businesses from time to time. Sometimes these are businesses with technologies or other assets valuable to us even if they do not themselves provide financial services to customers. These acquisitions present a number of risks and uncertainties related both to the acquisition transactions themselves and to the integration of the acquired businesses into PNC after closing.
  • Our business and financial performance could be adversely affected, directly or indirectly, by disasters, natural or otherwise, by terrorist activities or by international hostilities.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
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