PNC Financial Services Corporation traces its roots to the 1852 founding of Pittsburgh Trust and Savings Company in Pittsburgh, Pennsylvania.
The company went through a series of mergers, finally becoming the Pittsburgh National Bank in 1959, which then became a subsidiary of Pittsburgh National Corporation.
In 1982 Pittsburgh National Corporation merged with Provident National Corporation making PNC Financial Corporation. It was the largest bank merger in American history at the time.
In 2008 PNC doubled in size when it acquired Cleveland-based National City Bank for $5.2 billion in PNC stock.
Today PNC Financial Services Corporation has 2,700 branches in 19 states, trades publicly on the NASDAQ under the ticker PNC, is #170 on the Fortune 500, is a member of the S&P 500, is #244 on the FT Global 500, has almost 50,000 employees, nd had $15.3 billion in revenue in 2013.
PNC Bank
PNC Financial Services Corporation traces its roots to the 1852 founding of Pittsburgh Trust and Savings Company in Pittsburgh, Pennsylvania.
The company went through a series of mergers, finally becoming the Pittsburgh National Bank in 1959, which then became a subsidiary of Pittsburgh National Corporation.
In 1982 Pittsburgh National Corporation merged with Provident National Corporation making PNC Financial Corporation. It was the largest bank merger in American history at the time.
History
In 2008 PNC doubled in size when it acquired Cleveland-based National City Bank for $5.2 billion in PNC stock.
Today PNC Financial Services Corporation has 2,700 branches in 19 states, trades publicly on the NASDAQ under the ticker PNC, is #170 on the Fortune 500, is a member of the S&P 500, is #244 on the FT Global 500, has almost 50,000 employees, nd had $15.3 billion in revenue in 2013.