PNC Bank’s Dorothy Abreu named one of Chicago Business Journal’s Women of Influence for 2022

November 18, 2022

Categories: Banks - RegionalTags: , , Views: 386

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PNC ($NYSE:PNC) Financial Services is a large financial institution with operations in both the United States and Canada. The company offers banking, lending, investment, and wealth management services to individuals, businesses, and governments. The Chicago Business Journal has announced that Dorothy Abreu will be one of their Women of Influence for 2022.

This recognition is given to women who have made a significant impact in their field and who are seen as leaders in their industry. She is also being recognized for her commitment to mentoring and developing other women at the bank.

Stock Price

Abreu is the executive vice president and head of consumer banking for PNC Bank. She has been a driving force behind PNC’s consumer banking initiatives, and has helped the bank grow its customer base. Abreu is a native of Chicago, and has a deep commitment to the city. She is a board member of the Chicago Public Education Fund, and is active in a number of other civic organizations.



VI Analysis

PNC Financial Services is a large American financial services company with a strong focus on profitability and dividend payments. The company has a strong balance sheet and is capable of sustaining its operations in times of crisis. PNC is classified as a “cow” type of company, which is a company that has a track record of paying out consistent and sustainable dividends. Investors who are interested in companies with a strong focus on profitability and dividend payments may be interested in PNC Financial Services.

VI Peers

Its competitors include Banco BPM SpA, JPMorgan Chase & Co, and First Busey Corp.

– Banco BPM SpA ($BER:BPM)

Banco BPM SpA is an Italy-based banking group. The Bank’s activity is divided into three main business areas: Corporate and Investment Banking, which includes financing for companies, advisory services, capital markets and structured finance; Retail Banking, which offers current accounts, savings products, consumer loans and mortgages; and Private Banking, which provides services to high net worth individuals and families. As of December 31, 2020, the Bank had a network of 1,106 branches and 4,768 automated tellers machines (ATMs) across Italy.

– JPMorgan Chase & Co ($NYSE:JPM)

As of 2022, JPMorgan Chase & Co has a market cap of 390.47B. The company is a leading global financial services firm with operations in more than 60 countries. The firm serves millions of consumers, small businesses and corporations through its four business segments: Consumer & Community Banking, Corporate & Investment Banking, Commercial Banking and Asset Management. JPMorgan Chase & Co. is headquartered in New York, NY.

– First Busey Corp ($NASDAQ:BUSE)

First Busey Corp is a financial services company with a market cap of 1.47B as of 2022. The company operates through two segments: banking and wealth management. Banking services include personal and commercial banking, agribusiness banking, and mortgage banking. Wealth management services include asset management, trust and estate planning, and brokerage services. First Busey Corp was founded in 1868 and is headquartered in Urbana, Illinois.

Summary

The company offers a full range of banking, lending, asset management, and wealth management services to retail and institutional customers. PNC has a long history of supporting the communities it serves, and its commitment to responsible banking practices has earned it a reputation as a trusted financial partner. For individuals and families, PNC offers a variety of personal banking products and services, including checking and savings accounts, credit cards, loans, and investment advice. For businesses, PNC provides a full range of banking, lending, and treasury management services.

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