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PNC branch footprint, as of November 2021 PNC Bank Corporate Footprint. The PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 27 states and the District of Columbia, with 2,629 branches and 9,523 ATMs.
The transitional logo used by PNC Financial Services after it finalized the purchase of National City Corp., January 2009 –June 2010.. The National City acquisition by PNC was the deal by PNC Financial Services to acquire National City Corp. on October 24, 2008 following National City's untenable loan losses during the subprime mortgage crisis.
PNC Financial Services: RBC Bank: PNC Financial Services: $3.45 billion PNC Financial Services: 2013 NBT Bank: Alliance Bank NBT Bank: NBT Bank: 2013 FirstMerit Bank: Citizens Republic Bancorp: FirstMerit Bank: $912 million Huntington Bancshares: 2014 Old National Bank: United Bank & Trust: Old National Bank: $173 million Old National Bank ...
The company was co-owned by CoreStates, Bank One, PNC Bank, and Society Corporation. [5] These were later joined by KeyCorp and National City Corp. [ 6 ] Acquisition and Merger with STAR
In 1980, Farmers & Merchants Bank, Milford Center and The First National Bank of Burton merged with Huntington Bancshares. [14] In 1981, the bank acquired Alexandria Bank Company and renamed it The Huntington State Bank, with a loan production office opening in Cincinnati. In 1982, the bank merged with the Reeves Banking and Trust Company. [14]
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At the end of 2004, PNC's assets were nearly $80 billion. [7] A year later, in 2005, PNC earned $1.3 billion (or $4.65 per share), the highest annual earnings figure in the corporation's history. [6] Also in 2005, Rohr engineered PNC's acquisition of Riggs National Corp., parent company of Riggs National Bank. [8]
The bank's first acquisition out of state was the failing First National Bank of Crosby, Texas in February 1987. Central Bancshares became the first bank in Alabama to own a bank in another state and the first out-of-state bank to own a bank in Texas. [1] D. Paul Jones took over the CEO position from Brock in 1991. [6]