Professional
Added to YB: 2025-05-12
Pitch date: 2025-04-15
PNC [bullish]
The PNC Financial Services Group, Inc.
+48.42%
current return
Author Info
No bio for this author
Company Info
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States.
Market Cap
$84.3B
Pitch Price
$147.13
Price Target
N/A
Dividend
3.24%
EV/EBITDA
N/A
P/E
12.19
EV/Sales
N/A
Sector
Banks
Category
value
Cullen Enhanced Equity Income Fund New Position: The PNC Financial Services Group, Inc.
PNC (new position): Large regional bank ($560B assets, 2,200 branches) in Mid-Atlantic, Midwest & Southeast with retail/corporate banking & asset management. 2022 BBVA US acquisition added 25% size. Strong organic growth in commercial/retail customers driving loan, deposit & fee income expansion. Purchased at 13.1x P/E with 3.4% dividend yield.
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