PNC Financial Services Group Inc
PNC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|J% | LOCK|<>F# | LOCK|$$m&b?$W |
Slightly Increasing Our Fair Value Estimate for PNC Financial to $241 From $239
Business Strategy and Outlook
We think PNC’s strategy is solid, with the bank building a national presence through acquisitions and organic growth. The bank’s profitability and return profile should improve from better scale and deepening client relationships.
