This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Banks Most Vulnerable to New Housing Meltdown

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

5. PNC Financial Services (PNC - Get Report)

One to four family mortgage loans as a percentage of total assets: 19.8

Analysts are generally very bullish on PNC, ranking it 4.57 on a scale of one to five, according to consensus data from Bloomberg.

A recent report from Sandler O'Neill following PNC's first quarter earnings report argues the bank "delivered a standout performance" in a difficult quarter for the banking industry.

"The quarter itself was strong on several fronts, management came across as very confident on full-year guidance, we are increasing our forward expectations, and the company has preserved more revenue momentum than its peers have," Sandler's analysts wrote, adding that "PNC leaves the first quarter having further distanced itself from most regional banks and taken a place among the few unique, positive surprises of the earnings season. We continue to think very highly of the story, we find the valuation compelling, and we reiterate our BUY rating," they wrote.

According to Sandler's report, PNC management projects distressed assets will drop by 25% in 2011, which is roughly the same rate as the previous year. "Excluding distressed portfolio runoff, modest loan growth is expected in 2011, with most of the increase coming from commercial loans," Sandler's report states.
2 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
BAC $15.64 1.70%
BBT $36.43 1.90%
PNC $90.07 2.20%
RF $9.04 1.40%
STI $38.97 1.80%


Chart of I:DJI
DOW 16,651.49 +179.12 1.09%
S&P 500 1,971.80 +20.44 1.05%
NASDAQ 4,748.9310 +41.1560 0.87%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs