Description
SWOT ANALYSIS OF PNC FINANCIAL SERVICES
PNC Financial Services
Category
Regional Banks
Sector
Banking and Financial Services
Tagline/ Slogan
PNC creates solutions that enables your journey
One of the USA's largest diversified financial services organizations USP providing retail and business banking
STP
Individuals and small businesses, corporations and government entities Segment looking for wealth and asset management, and corporate finance
Companies and Government entities, and leading Turnkey Asset Target Group Management Program and processing businesses
A bank offering a wide range of financial services for all customers, from Positioning individuals and small businesses, to corporations and government entities
SWOT Analysis
1. Ranked in the list of Fortune 500 companies 2. Strong franchise value providing revenue visibility 3. Tailor- made financial product and services for every need 4. Highly engaged employees committed to customer service 5. Improving asset quality contributing to higher operating profits 6. Adequate capital to cover its risk exposure 7. With over 50,000 employees its one of the largest banks in terms of Strength branches, ATMs
1. Significant exposure to residential mortgage banking (RMB) which is increasing its non- interest expense Weakness 2. Inability to reverse contractions in revenue
1. Strategic Acquisitions likely to enhance growth 2. Buoyant asset management and custody bank sector 3. Growing mobile banking market to help in retaining customers and Opportunity arresting costs
Threats
1. Low interest rate environment could continue to affect core earnings 2. Competitive pressures likely to intensify pressure on margins
3. Increasing regulatory challenges 4. High systemic risk in the US banking industry affecting industry's prospects
Competition
1. National City Corporation 2. Huntington Bancshares Incorporated 3. Bank of America Corporation 4. Citigroup Inc. 5. JPMorgan Chase & Co. 6. Sovereign Bancorp, Inc. Competitors 7. U.S. Bancorp
doc_171123102.docx
SWOT ANALYSIS OF PNC FINANCIAL SERVICES
PNC Financial Services
Category
Regional Banks
Sector
Banking and Financial Services
Tagline/ Slogan
PNC creates solutions that enables your journey
One of the USA's largest diversified financial services organizations USP providing retail and business banking
STP
Individuals and small businesses, corporations and government entities Segment looking for wealth and asset management, and corporate finance
Companies and Government entities, and leading Turnkey Asset Target Group Management Program and processing businesses
A bank offering a wide range of financial services for all customers, from Positioning individuals and small businesses, to corporations and government entities
SWOT Analysis
1. Ranked in the list of Fortune 500 companies 2. Strong franchise value providing revenue visibility 3. Tailor- made financial product and services for every need 4. Highly engaged employees committed to customer service 5. Improving asset quality contributing to higher operating profits 6. Adequate capital to cover its risk exposure 7. With over 50,000 employees its one of the largest banks in terms of Strength branches, ATMs
1. Significant exposure to residential mortgage banking (RMB) which is increasing its non- interest expense Weakness 2. Inability to reverse contractions in revenue
1. Strategic Acquisitions likely to enhance growth 2. Buoyant asset management and custody bank sector 3. Growing mobile banking market to help in retaining customers and Opportunity arresting costs
Threats
1. Low interest rate environment could continue to affect core earnings 2. Competitive pressures likely to intensify pressure on margins
3. Increasing regulatory challenges 4. High systemic risk in the US banking industry affecting industry's prospects
Competition
1. National City Corporation 2. Huntington Bancshares Incorporated 3. Bank of America Corporation 4. Citigroup Inc. 5. JPMorgan Chase & Co. 6. Sovereign Bancorp, Inc. Competitors 7. U.S. Bancorp
doc_171123102.docx