Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  PNC Financial Services Group Inc    PNC

Delayed Quote. Delayed  - 08/30 06:50:53 pm
88.57 USD   +0.74%
08/29 PNC FINANCIAL S : Executive To Speak At Barclays Global Financial Se..
08/28 PNC FINANCIAL S : Canada Pension Plan Investment Board buys $178,896..
08/25 PNC FINANCIAL S : Executive To Speak At Barclays Global Financial Se..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

PNC Names Demchak President, Setting Potential Succession Path

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/24/2012 | 08:30pm CEST

PNC Financial Services Group Inc. (>> PNC Financial Services) named longtime executive William S. Demchak as president, putting him on track for a potential future in the lender's corner office.

Demchak, 49 years old, has been senior vice chairman since 2009 and has held supervisory responsibility for all of PNC's businesses since 2010. He first joined the bank, which is one of the largest lenders in commercial real estate, in 2002 as its chief financial officer.

Prior to coming to PNC, Demchak worked as head of J.P. Morgan Chase & Co.'s (JPM) structured-finance and credit-portfolio unit.

PNC Chief Executive James E. Rohr, 63 as of March, has served as the lender's CEO since 2000. Rohr, who is also chairman of PNC's board, first joined the company in 1972.

Like its fellow lenders, PNC has been able to steadily reduce its funds set aside to cover risky loans as credit conditions in the U.S. continue to strengthen.

The company's first-quarter profit fell 3.8% as results took a hit from costs tied to its $3.45 billion acquisition of Royal Bank of Canada's (RY, RY.T) U.S. retail-banking unit.

Shares were recently up 34 cents to $65.32.

-By Mia Lamar, Dow Jones Newswires; 212-416-3207; mia.lamar@dowjones.com

Stocks mentioned in the article : PNC Financial Services
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PNC FINANCIAL SERVICES GRO
08/29 PNC FINANCIAL SERVICES : Executive To Speak At Barclays Global Financial Service..
08/28 PNC FINANCIAL SERVICES : Canada Pension Plan Investment Board buys $178,896,950 ..
08/25 PNC FINANCIAL SERVICES : Executive To Speak At Barclays Global Financial Service..
08/25 PNC FINANCIAL SERVICES : Enhances ATM Security With Chip Card Capability
08/23 GRANITE REPLACING GREEN : PNC's leafy creation Downtown will come to an end
08/23 PNC FINANCIAL SERVICES : living wall coming down
08/16 PNC FINANCIAL SERVICES GROUP, INC. : Change in Directors or Principal Officers, ..
08/16DJPNC FINANCIAL SERVICES : U.S. Consumer Prices Unchanged as Inflation Remains Mut..
08/12 PNC FINANCIAL SERVICES : Triathletes to watch in races this weekend
08/11 PNC FINANCIAL SERVICES : An Application for the Trademark "PNC CENTER FOR FINANC..
More news
Sector news : Banks - NEC
04:58p SOCIETE GENERALE : Two European energy analysts leave Societe Generale
02:06pDJBANK OF NOVA SCOTIA : Scotiabank Boosts Dividend as Revenue and Profit Rise
01:22pDJBANK OF NOVA SCOTIA : Scotiabank Boosts Dividend as Revenue and Profit Rise
11:34aDJBANK OF CHINA : First-Half Net Profit Up 2.5% at CNY93.04 Billion
11:16aDJINDUSTRIAL AND COML BANK OF CHINA : & Commercial Bank of China First-Half Net Pr..
More sector news : Banks - NEC
News from SeekingAlpha
08/29 Why I'm Buying Financial Stocks Now, And How I'm Boosting My Income
08/17 NO FREE LUNCH FOR BANK INVESTORS : Don't Buy The Hype
08/11 U.S. Bancorp Well Recognized For Its Quality
08/11 PNC Financial Still On Hold
08/11 Wells Fargo Slowed, But Not Broken
Advertisement
Financials ($)
Sales 2016 15 165 M
EBIT 2016 5 372 M
Net income 2016 3 604 M
Debt 2016 -
Yield 2016 2,41%
P/E ratio 2016 12,35
P/E ratio 2017 11,82
Capi. / Sales 2016 2,85x
Capi. / Sales 2017 2,77x
Capitalization 43 205 M
More Financials
Chart PNC FINANCIAL SERVICES GRO
Duration : Period :
PNC Financial Services Gro Technical Analysis Chart | PNC | US6934751057 | 4-Traders
Full-screen chart
Technical analysis trends PNC FINANCIAL SER...
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 92,8 $
Spread / Average Target 5,6%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
William Stanton Demchak Chairman, President & Chief Executive Officer
Steven C. van Wyk Executive VP, Head-Operations & Technology
Robert Q. Reilly Chief Financial Officer & Executive Vice President
Richard B. Kelson Independent Director
Dennis F. Strigl Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
PNC FINANCIAL SERVICES..-7.75%43 205
WELLS FARGO & CO-8.83%250 057
JPMORGAN CHASE & CO.1.39%241 822
INDUSTRIAL AND COML BA..-1.75%236 460
CHINA CONSTRUCTION BAN..-8.82%185 184
BANK OF AMERICA CORP-5.88%161 644
More Results