AllAnalyst Report
logoMorningstarFebruary 24, 2021

The PNC Financial Services Group, Inc.: More of the Same From the Fed in Latest Meeting; We Still Expect Accommodative Lean for Some Time

Symbols
PNC
Sector(s)
Financial Services
Rating
Current Price
$180.21
Fair Value
Economic Moat
Stewardship
Summary

PNC Financial Services Group is a diversified financial services company offering retail banking, corporate and institutional banking, asset management, and residential mortgage banking. PNC has 2,300 branches in 21 states and the District of Columbia and is the seventh-largest U.S. bank by assets.

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Analyst Profile

Eric Compton

Equity Analyst
Eric Compton, CFA, is an equity analyst for Morningstar Research Services LLC, covering the U.S. and Canadian banking sectors, including the U.S. money center banks, U.S. regional banks, and the Big Six Canadian banks.Before joining Morningstar in 2015, Compton was a business analyst for ESIS, a global provider of risk management products and a subsidiary of ACE Group. Compton holds a bachelor's degree in applied health science from Wheaton College. He has passed all three levels of the Chartered Financial Analyst® program and holds the Chartered Financial Analyst® designation.