Financial ServicesCompany
PNC M&A Summary
PNC has acquired 17 companies, including 4 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 5 assets.
PNC’s largest acquisition to date was in 2020, when it acquired BBVA USA Bancshares for $11.6B. It’s largest disclosed sale occurred in 2010, when it sold Sterling Financial to Warburg Pincus for $730M. PNC has acquired in 10 different US states. The Company’s most targeted sectors include financial services (65%) and insurance (12%).
PNC Business Overview
Where is PNC headquartered?
PNC is headquartered in Pittsburgh, Pennsylvania.
What is PNC’s revenue?
PNC disclosed revenue of 21,509M USD for 2023 and 21,114M USD for 2022.
How many employees does PNC have?
PNC has 53,932 employees.
What sector is PNC in?
PNC is a financial services company.
When was PNC founded?
PNC was founded in 1852.
M&A Summary
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M&A Total Activity22
- M&A Buy Activity17
- M&A Sell Activity5
- Total Sectors Invested 6
- Total Countries Invested 1
- M&A Buy/Sell Connections 10
- M&A Advisors 6