PNC Financial Services Group Inc. Mergers and Acquisitions


PNC Financial Services Group Inc.

One PNC Plaza, 249 Fifth Avenue
Pittsburgh, PA 15222-2707
United States
Tel:1/412/762-2000
URL: http://www.pnc.com
Formerly known as:
PNC Bank Corp
PNC Financial Corp
Primary Symbol & Exchange:
PNC - Common Stock - New York Stock Exchange
Industry:
Banking
PNC Financial Services Group Inc. Company Snapshot

PNC Financial Services Group Inc. Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

PNC Financial Services Group Inc. M&A History


First Niagara Bank,Lockport,NY acquires National City Bank-Branches from PNC Finl Svcs Grp Inc First Niagara Bank,Lockport,NY acquires  National City Bank-Branches from PNC Finl Svcs Grp IncSep 04, 2009

US - First Niagara Bank, a wholly-owned subsidiary of First Niagara Financial Group Inc acquired ## Western Pennsylvania branches from National City Bank, a subsidiary of PNC Financial Services Group Inc.

Emclaire Financial,Emlenton,PA acquires National City Corp,OH-Br Bkg from PNC Finl Svcs Grp Inc Emclaire Financial,Emlenton,PA acquires  National City Corp,OH-Br Bkg from PNC Finl Svcs Grp IncAug 28, 2009

US - Emclaire Financial Corp, Emlenton, Pennsylvania, acquired the branch banking office of Cleveland-based National City Corp, a bank holding company. Concurrently, Marquette Savings Bank, Erie, Pennsylvania, agreed to acquire three branch banking offices of National City and First Niagara

PNC Bank, National Association acquires Dwelling House Svgs,Loan Assoc PNC Bank, National Association acquires  Dwelling House Svgs,Loan AssocAug 14, 2009

US - PNC Bank National Association, a unit of PNC Financial Services Group Inc, acquired Dwelling House Savings and Loan Association, a Pittsburgh-based commercial bank.

Computershare Ltd acquires National City Bk-Transfer Agcy from PNC Finl Svcs Grp Inc Computershare Ltd acquires  National City Bk-Transfer Agcy from PNC Finl Svcs Grp IncAug 03, 2009

US - Computershare Ltd of Australia acquired the transfer agency business of Cleveland-based National City Bank, a unit of PNC Financial Services Group Inc's National City Corp, Cleveland, Ohio subsidiary, for USD ##.# mil in cash and up

Marquette Svgs Bk,Erie,PA acquires Natl City Corp,OH-Br Bkg Offic from PNC Finl Svcs Grp Inc (pending) Marquette Svgs Bk,Erie,PA acquires Natl City Corp,OH-Br Bkg Offic from PNC Finl Svcs Grp Inc (pending)Apr 07, 2009

US - Marquette Savings Bank, Erie, Pennsylvania, definitively agreed to acquire the three branch banking office of Cleveland- based National City Corp, a bank holding company. Concurrently, First Niagara Financial Group Inc, Lockport, New York, agreed to acquire ## branch banking

Undisclosed Acquiror acquires Harbor Insurance Agency Inc from PNC Finl Svcs Grp Inc Undisclosed Acquiror acquires Harbor Insurance Agency Inc from PNC Finl Svcs Grp IncMar 03, 2009

US - National City Corp (NC), Cleveland, Ohio, a unit of PNC Financial Services Group Inc, divested its Harbor Insurance Agency Inc unit, a provider of insurance brokerage services, to an undisclosed acquiror. Concurrently, NC divested its Florida Consolidated Agency Inc

Undisclosed Acquiror acquires Florida Consolidated Agcy Inc from PNC Finl Svcs Grp Inc Undisclosed Acquiror acquires Florida Consolidated Agcy Inc from PNC Finl Svcs Grp IncMar 03, 2009

US - National City Corp (NC), Cleveland, Ohio, a unit of PNC Financial Services Group Inc, divested its Florida Consolidated Agency Inc unit, a provider of insurance brokerage services, to an undisclosed acquiror. Concurrently, NC divested its Harbor Insurance Agency Inc

US Department of the Treasury acquires a minority stake in PNC Finl Svcs Grp Inc (pending) US Department of the Treasury acquires a minority stake in PNC Finl Svcs Grp Inc (pending)Jan 02, 2009

US - State-owned United States Department of Treasury agreed to acquire warrants convertible into a #.##% stake, or ##.### mil common shares, in PNC Financial Services Group Inc, a bank holding company, for $##.## per share, or

American Realty Capital Trust acquires PNC Bank, NA-Bank Branches(50) from PNC Finl Svcs Grp Inc American Realty Capital Trust acquires PNC Bank, NA-Bank Branches(50) from PNC Finl Svcs Grp IncNov 25, 2008

US - American Realty Capital Trust Inc acquired the ## branches, located in Pennsylvania, New Jersey, and Ohio, of PNC Bank, National Association, a bank holding company, and a unit of PNC Financial Services Group Inc, for $##.### mil.

PNC Finl Svcs Grp Inc acquires Sterling Financial Corp PNC Finl Svcs Grp Inc acquires Sterling Financial CorpApr 04, 2008

US - PNC Financial Services Group Inc (PF), Pittsburgh, Pennsylvania, acquired all the outstanding common stock of Sterling Financial Corp (SF), Lancaster, Pennsylvania, a bank holding company, in a stock swap transaction valued at $###.### mil. PF offered $#.#

Houchens Industries Inc acquires Hilliard Lyons Inc from PNC Bank Corp,Pittsburgh,PA Houchens Industries Inc acquires Hilliard Lyons Inc from PNC Bank Corp,Pittsburgh,PAMar 31, 2008

US - Houchens Industries Inc acquired Hilliard Lyons, a provider of securities, investment and management services, from PNC Financial Services Group Inc.

PNC Finl Svcs Grp Inc acquires Coates Analytics Group LP PNC Finl Svcs Grp Inc acquires Coates Analytics Group LPDec 10, 2007

US - PNC Financial Services Group Inc acquired Coates Analytics Group LP, a provider of web-based analytical services. Terms were not disclosed.

PNC Finl Svcs Grp Inc acquires Albridge Solutions Inc PNC Finl Svcs Grp Inc acquires Albridge Solutions IncDec 07, 2007

US - PNC Financial Services Group Inc acquired Albridge Solutions Inc, a provider of wealth management technology services. Terms were not disclosed. The transaction had been subject to customary closing conditions and regulatory approval.

PNC Finl Svcs Grp Inc acquires Yardville National Bancorp,NJ PNC Finl Svcs Grp Inc acquires Yardville National Bancorp,NJOct 26, 2007

US - PNC Financial Services Group Inc, Pittsburgh, Pennsylvania (PF), acquired all the outstanding common stock of Yardville National Bancorp, Hamilton, New Jersey (YN), a commercial bank holding company, in a stock swap transaction valued at $###.### mil. PF offered

Trodat GmbH acquires M&R Marking Systems Inc from PNC Finl Svcs Grp Inc Trodat GmbH acquires M&R Marking Systems Inc from PNC Finl Svcs Grp IncJul 12, 2007

US - Trodat GmbH acquired M&R Marking Systems Inc, a manufacturer of hand stamps, from PNC Equity Management Corp, a unit of PNC Financial Services Group Inc's Pittsburgh National Bank subsidiary.

PNC Finl Svcs Grp Inc acquires ARCS Commercial Mtg Co LP PNC Finl Svcs Grp Inc acquires ARCS Commercial Mtg Co LPJul 02, 2007

US - PNC Financial Services Group Inc, Pittsburgh, Pennsylvania acquired ARCS Commercial Mortgage, a provider of commercial mortgage services. Terms were not disclosed. The transaction had been subject to regulatory approvals.

PNC Finl Svcs Grp Inc acquires Mercantile Bankshares Corp,MD PNC Finl Svcs Grp Inc acquires Mercantile Bankshares Corp,MDMar 02, 2007

US - PNC Financial Services Group Inc (PNC) acquired all the outstanding common stock of Mercantile Bankshares Corp (MB), a provider of banking, investment and wealth management services, in a stock swap transaction valued at $#.### bil. PNC offered #

David K Stoudt acquires Professional Services Group from PNC Finl Svcs Grp Inc David K Stoudt acquires Professional Services Group from PNC Finl Svcs Grp IncDec 27, 2006

US - Mr. David K Stoudt (DK) acquired Professional Services Group, a provider of human resource consulting services, from Sterling Financial Corp, Lancaster, Pennsylvania (SF). Concurrently, DK acquired Corporate Healthcare Strategies LLC from SF. Concurrently, Murray Insurance Associates Inc acquired Lancaster

First Citizens Bank,Kentucky acquires PNC Bank-Military Allotment from PNC Finl Svcs Grp Inc (pending) First Citizens Bank,Kentucky acquires PNC Bank-Military Allotment from PNC Finl Svcs Grp Inc (pending)Nov 02, 2006

US - First Citizen Bank located in Elizabethtown, Kentucky, a unit of Farmers Capital Bank Corp located in Frankfort, Kentucky, definitively agreed to acquire the military allotment operations of PNC Bank National Association, a commercial bank and a unit of PNC

PNC Finl Svcs Grp Inc acquires Healthcare Administration Tech through a leveraged buyout PNC Finl Svcs Grp Inc acquires Healthcare Administration Tech through a leveraged buyoutApr 19, 2006

US - PNC Financial Services Group Inc of Pittsburg, Pennsylvania, acquired Healthcare administration Technologies Inc, a provider of EDI and data warehousing services, in a leveraged buyout transaction. Terms were not disclosed.

PNC Financial Services Group Inc. M&A Summary


PNC Financial Services Group Inc. has made 78 acquisitions while taking stakes in 6 companies. PNC Financial Services Group Inc. has 58 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009105
2008102
2007501
2006101
2005312
2004102
2003212
2002202
2001201
2000200
1999513
1998503
1997410
1996503
1995504
1994403
1993402
19926010
1991505
1990301
1989201
1988211
1987300
1986102
1985200
1984110
1983101
1982000
1981001
Total78658

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