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PNC Financial gets a little more love (previous), this time from Jacqueline Doherty, who says...
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Saturday, December 22, 2012, 11:15 AM ETPNC Financial gets a little more love (previous), this time from Jacqueline Doherty, who says the bank's woeful performance relative to other regionals has it undervalued. PNC has been a buyer, not seller of assets in recent years, and the hit to regulatory capital hasn't pleased investors, but now those purchases are set to pay off in the way of boosted earnings.
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This news story has 4 comments:
Owning this stock was like having a mild toothache. It's never bad enough to cause you to scream, but it's just mildly annoying enough to make your head hurt. My advice is stay away. There are far easier financials to own with WAY more upside then PNC.
PNC is a great bank to do business with. They need to get the word out.