PNC Financial Services Group Inc (PNC): Today's Featured Banking Laggard

PNC Financial Services Group (PNC) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day down 0.1%. By the end of trading, PNC Financial Services Group fell 74 cents (-1.2%) to $59.08 on average volume. Throughout the day, 3.1 million shares of PNC Financial Services Group exchanged hands as compared to its average daily volume of 3.2 million shares. The stock ranged in price between $59.08-$59.82 after having opened the day at $59.68 as compared to the previous trading day's close of $59.82. Other company's within the Banking industry that declined today were: Ohio Legacy Corporation (OLCB), down 15%, Central Federal (CFBK), down 11.9%, Bank of the James Financial Group (BOTJ), down 11.6%, and First Citizens Banc (FCZA), down 9.1%.

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The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States and internationally. The company's Retail Banking segment provides deposit, lending, brokerage, investment management, and cash management services. PNC Financial Services Group has a market cap of $31.49 billion and is part of the financial sector. The company has a P/E ratio of 13.3, above the average banking industry P/E ratio of 12.4 and below the S&P 500 P/E ratio of 17.7. Shares are up 3.7% year to date as of the close of trading on Monday. Currently there are 18 analysts that rate PNC Financial Services Group a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates PNC Financial Services Group as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

• You can view the full PNC Financial Services Group Ratings Report.

On the positive front, Mackinac Financial Corporation (MFNC), up 11.4%, Broadway Financial (BYFC), up 11%, Valley Financial (VYFC), up 10.5%, and First United (FUNC), up 9.5%, were all gainers within the banking industry with State Street (STT) being today's featured banking industry leader.

• Use our banking section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF (KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng (KRS).

• Find other investment ideas from our top rated ETFs lists.

For more information on PNC Financial Services Group Inc click any of the following:

• PNC Financial Services Group Inc Stock Price

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• PNC Financial Services Group Inc Key Stats & Profile

• PNC Financial Services Group Inc Earnings

• PNC Financial Services Group Inc Ratio Comparison

• PNC Financial Services Group Inc Growth Rates

• PNC Financial Services Group Inc Balance Sheet

• PNC Financial Services Group Inc Cash Flow

• PNC Financial Services Group Inc Income Statement