PNC Financial Services Group Inc (NYSE:PNC)

$ 209.01 -2.35 (-1.11%) Market Cap: 82.93 Bil Enterprise Value: 109.85 Bil PE Ratio: 17.67 PB Ratio: 1.49 GF Score: 76/100

PNC Financial Services Group Inc at BancAnalysts Association Of Boston Conference Transcript

Nov 02, 2023 / 04:45PM GMT

Release Date Price: $119.85 (+5.63%)

Transcript 10-Q

Unidentified Analyst

I want to welcome PNC to our BAB conference, and very much appreciate you guys making the time to come back. This is our 42nd year for BAB. And I'm very excited to have PNC back again. Almost everyone knows PNC. It is the National Main Street bank, grown quite a bit, but still very much follows a main street banking model of how they serve customers. Total assets at PNC now, $557 billion. Branches across the country, 2400 branches more or less; and a market cap of $45 billion. So great things have happened at PNC over those years, you've grown quite a bit. And we're very lucky to have Rob Reilly back. And Rob, as most people probably know, is CFO at PNC. He's been at PNC for a while. Almost as long as the conference. Previously, he was the Head of Asset Management, where he was responsible for wealth management and institutional investments et cetera. But we also have a second guest from PNC today, and that's Mike Thomas. And Mike Thomas is the Executive Vice President and Head of PNC Real Estate. And so we get a very interesting perspective into PNC's commercial real estate business,

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