Equity Research on The PNC Financial Services Group, Inc. and BB&T Corporation -- Financials in the Recovery Phase
June 27 2011 - 9:14AM
Marketwired
Today, www.WorldStreetFundamentals.com released its industry report
highlighting The PNC Financial Services Group, Inc. (NYSE: PNC) and
BB&T Corporation (NYSE: BBT). Full fundamental and technical
analysis is available at
www.WorldStreetFundamentals.com/Reports.php.
The United States banking industry is still questionable even
though we have seen a sizeable recovery in recent quarters and
several catalysts are to blame: asset quality is in check, tight
regulations and banks tightening their belts, and worst of all the
continued rise of residential and commercial foreclosures and loan
defaults. Better news is that while low liquidity, loan demand and
revenues continue to plague the financial system, help from the
government has kept the industry relatively stable. Banks are
aggressively playing "catch-up" concentrating on problem credits in
residential and commercial real estate and the government has
raised the bar providing substantial capital and debt
guarantees.
World Street Fundamentals has highlighted The PNC Financial
Services Group, Inc. as a diversified financial services company in
the United States. PNC is engaged in retail banking, corporate and
institutional banking, asset management, and residential mortgage
banking, providing many of its products and services nationally and
others in its geographic markets. Asset Management Group includes
personal wealth management for high net worth and ultra-high net
worth clients and institutional asset management. The entire report
on The PNC Financial Services Group, Inc. (NYSE: PNC) is available
here: www.WorldStreetFundamentals.com/ViewFullReport.245.php.
World Street has highlighted BB&T Corporation as a financial
holding company. BB&T conducts its business operations
primarily through its commercial banking subsidiary, Branch Banking
and Trust Company (Branch Bank). In addition, its operations
consist of a federally chartered thrift institution, BB&T
Financial, FSB (BB&T FSB), and several non-bank subsidiaries,
which offer financial services products. During the year ended
December 31, 2010, it acquired the remaining 30% ownership interest
in Sterling Capital Management, LLC and merged it with its existing
investment advisor BB&T Asset Management, Inc. The entire
report on BB&T Corporation (NYSE: BBT) is available here:
www.WorldStreetFundamentals.com/ViewFullReport.138.php.
About World Street World Street Fundamentals is an online portal
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in depth comprehensive research and research tools to help guide
you through the ever changing financial markets. Covering the top
performers in the hottest sectors and providing clarity to
investors around the world.
Contact: Adam Redford Email Contact
www.WorldStreetFundamentals.com
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