PNC FINANCIAL SERVICES GROUP, INC.

The PNC Financial Services Group, Inc. (NYSE: PNC) is one of the largest diversified financial institutions in the United States, headquartered in Pittsburgh, Pennsylvania. The company operates through its primary domestic bank subsidiary, PNC Bank, a national banking association chartered in Delaware, along with 52 active non-bank subsidiaries engaged in financial services activities including market-making, securities underwriting, and advisory services.

PNC operates across three primary business segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group. The Retail Banking segment provides deposit, credit, and fee-based products and services to consumers through a coast-to-coast branch network. Corporate & Institutional Banking offers specialized services to corporations and government entities, including corporate banking, real estate finance, and asset-based lending. The Asset Management Group provides wealth management and asset management services to clients nationally.

As of December 31, 2025, PNC maintained consolidated total assets of $573.6 billion, total deposits of $440.9 billion, and total shareholders' equity of $60.6 billion. The company serves customers through its extensive retail branch network located across the United States and maintains strategic international offices in four countries outside the U.S. PNC offers a comprehensive range of lending products, deposit services, and fee-based financial solutions designed to serve both individual consumers and institutional clients.

The company was incorporated in 1983 through the consolidation of Pittsburgh National Corporation and Provident National Corporation. Since its formation, PNC has expanded its geographic presence, business mix, and product capabilities through organic growth, strategic acquisitions, and equity investments. In January 2026, PNC completed its acquisition of FirstBank Holding Company and its banking subsidiary FirstBank, which had $26.4 billion in assets at the time of close, further expanding PNC's market presence and customer base.

PNC operates as a bank holding company under the Bank Holding Company Act and has elected to be a financial holding company under the Gramm-Leach-Bliley Act, enabling it to engage in a broader range of financial activities. The company is subject to comprehensive supervision and regulation by the Federal Reserve as its primary regulator, with PNC Bank regulated primarily by the Office of the Comptroller of the Currency.