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The PNC Financial Services Group, Inc. (PNC)

NYSE - NYSE Delayed price. Currency in USD
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157.14-3.21 (-2.00%)
At close: 04:00PM EDT
158.00 +0.86 (+0.55%)
After hours: 07:55PM EDT

The PNC Financial Services Group, Inc.

The Tower at PNC Plaza
300 Fifth Avenue
Pittsburgh, PA 15222-2401
United States
888 762 2265
https://www.pnc.com

Sector(s)Financial Services
IndustryBanks - Regional
Full-time employees54,441

Key executives

NameTitlePayExercisedYear born
Mr. William S. DemchakChairman & CEO6.41MN/A1962
Mr. Michael Patrick LyonsPresident and Head of Corporate & Institutional Banking3.17MN/A1971
Mr. Robert Q. ReillyExecutive VP & CFO2.93MN/A1965
Mr. E. William Parsley IIIExecutive VP & COO3.42MN/A1966
Ms. Deborah GuildEVP and Head of Enterprise Technology & Security2.01MN/A1969
Mr. Ganesh Manapra KrishnanExecutive VP & Enterprise Chief Information OfficerN/AN/A1976
Mr. Gregory Baldwin Jordan Esq.Executive VP, General Counsel & Chief Administrative Officer1.88MN/A1960
Mr. Bryan K. GillEVP, Director of Investor RelationsN/AN/AN/A
Ms. Amanda RosseterChief Communications OfficerN/AN/AN/A
Ms. Jenn GarbachChief Marketing OfficerN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

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, Pennsylvania.

Corporate governance

The PNC Financial Services Group, Inc.’s ISS governance QualityScore as of 1 May 2024 is 2. The pillar scores are Audit: 1; Board: 6; Shareholder rights: 5; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.