PNC Financial Services Group Inc-The
PNCCompany Overview
The PNC Financial Services Group, Inc. is a holding company, which engages in the provision of financial services. It operates through the following segments: Retail Banking, Corporate and Institutional Banking, Asset Management Group, and Other. The Retail Banking segment offers deposit, lending, brokerage, investment management, and cash management products and services to consumer and small business customers. The Corporate and Institutional segment covers the lending, treasury management, and capital markets-related products and services to mid-sized and large corporations, government, and not-for-profit entities. The Asset Management Group segment includes personal wealth management for high net worth and ultra-high net worth clients and institutional asset management. The company was founded in 1983 and is headquartered in Pittsburgh, PA.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
| Name | PNC Financial Services Group Inc-The |
| Ticker | PNC |
| Main Business | Banks—Regional |
| Type | Common Stock |
| Industry | Banks—Regional |
| Country | US |
| Market Cap | $61.44 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Retail Banking | $10,510.0 | $10,510.0 | Banking |
| Corporate & Institutional Banking | $8,800.0 | $8,800.0 | Banking |
| Asset Management Group | $1,540.0 | $1,540.0 | Asset Management |
| Other | $269.0 | $0.0 | - |
| Interest income | $0.0 | $0.0 | - |
| Total | $21,119.0 | $20,850.0 | 49.68% (failed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| long term debt and capital lease obligation non current | $72,740,000,000.0 | 118.39% |
| Total Interest-Bearing Debt | $72,740,000,000.0 | 118.39% |
| Market Capitalization | $61,441,383,000.0 | 100.00% |
| Compliance Status | Threshold: 33% | failed |