Ashleigh Rogers
Long/short equity, growth at reasonable price, value, banks

PNC Financial Services Is Doing Well But Has Limited Upside

One of the toughest things about being a stock investor is being disciplined about not overpaying for companies that are doing everything right. PNC Financial Services (NYSE:PNC) falls into this category. The bank is in that sweet spot of regional firms that I like - it's big enough to have clout and cost advantages, but not so big that it attracts undue regulatory attention. The ~$45B market cap company operates in 19 states with the greatest focus on PA, OH, and NJ. PA and OH in particular both have good economic outlooks in my view due to the positive side-effects of natural gas, and reasonable demographic profiles. PNC has a history of profitability and the firm has done...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details