PNC Bank is the operating subsidiary of PNC Financial Services (PNC +0.70%). It has been around for many years and was founded in 1865 (initially as the Pittsburgh Trust and Savings Company).
The company has been in its current form with its current name since 1983. At that time, Pittsburgh National Corporation and Provident National Corporation merged in what was the largest bank merger in history. Since both happened to have the same initials, the new bank was given the name PNC Financial.
Today, PNC Bank is one of the largest regional banks in the United States and is considered a systemically important financial institution, or SIFI. It has over 2,200 branches and 60,000 PNC and Partner ATMs in 27 states and Washington, D.C.
NYSE: PNC
Key Data Points
Who is the owner of PNC Bank?
PNC Financial Services, of which PNC Bank is the primary subsidiary, is a publicly traded bank stock and is not owned by any one person. PNC is a component of the S&P 500 and is one of the largest regional financial institutions in the United States.
Who are the largest shareholders?
There are three types of investors that are required to disclose their investments in publicly traded securities:
- The company's key executives and members of its board of directors.
- Institutional investors, hedge funds, and other entities that are required to file a Form 13-F with the U.S. Securities and Exchange Commission.
- Anyone who owns more than 5% of a company's shares.
PNC doesn't have any individual investors who own more than 5% of the bank's stock, but it certainly has plenty of individuals in the first two categories. So, here are the top individual and institutional shareholders of PNC Financial, according to publicly available information.
Largest individual shareholders
As mentioned, unless they are a company insider, individual shareholders don't have to disclose their investments publicly unless they own more than 5% of a company's stock (in which case it will be listed in the annual proxy filing). So, it's entirely possible that these aren't the overall largest individual shareholders. But among PNC's executives and directors, here are the top individual stockholders:
- William Demchak: PNC's CEO and chairman of the board; owns 555,131 shares of PNC, a stake worth almost $105 million as of August 2025.
- Michael Lyons: Former president of PNC and head of corporate and institutional banking; owns 186,230 shares of PNC.
- E. William Parsley: PNC's former chief operating officer and currently an executive advisor; owns 198,347 shares of PNC.
- Robert Reilly: PNC's chief financial officer and an executive vice president of the bank; owns 175,809 shares of PNC Financial stock.
- Andrew Feldstein: PNC board member; owns 163,235 shares of PNC.
Largest institutional investors
PNC Financial is included in several major stock indexes. The largest component of its institutional ownership is by index funds. Most notably, PNC is a component of the S&P 500 benchmark index, so every S&P 500 index fund is required to own shares of the bank. With that in mind, here's a rundown of the top institutional investors of PNC Financial:
- Vanguard is the largest institutional investor in PNC, with nearly 38 million shares worth about $7.2 billion. As the leading index fund company, this shouldn't be much of a surprise. Vanguard's shares represent more than 9.6% of PNC.
- BlackRock (BLK +1.19%) owns 33.58 million shares of PNC, representing about 8.5% of the company.
- State Street Corp. (STT +0.89%) owns 17.38 million shares of PNC, about 4.4% of the entire company.
- Fidelity Investments owns 14.88 million shares of PNC, about a 3.8% stake worth about $2.8 billion.
- Asset manager Capital International Group is the fifth-largest institutional shareholder, owning 11.47 million shares, or about2.9% of PNC.
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How to invest in PNC Financial
PNC Financial is a publicly traded company, meaning that anyone can invest in its stock by opening a brokerage account and depositing money.
If you don't have a brokerage account yet, you will need to open one before you can buy shares of PNC Financial. Here's a rundown of the basic steps to take:
- Research some of the top online brokers and decide which one is the best fit for your level of investing sophistication and offers the features that are important to you.
- Decide what type of account you want. If you plan to simply buy and sell stocks and want to be able to withdraw money at any time, a standard (taxable) brokerage account is right for you. If you're planning to invest for the long term, a retirement account such as a traditional or Roth IRA could be a good fit.
- Fill out the broker's new account application. You'll have to provide certain identifying information, such as your Social Security number, in order to complete this step.
- Fund your account. You can do this by transferring money from a linked checking or savings account, by wiring money, by mailing a check, or perhaps through some other methods.
- Decide how much money you want to invest in PNC Financial.
- Look at a stock quote for PNC Financial (ticker symbol PNC). You can find this on your broker's platform or through a third-party website like Yahoo! Finance or CNBC.
- Divide the amount you want to invest by the current price per share. If your broker allows you to trade fractional shares, use this number. If it doesn't, round down to the nearest whole number.
- Use your broker's order form, which is typically prominently displayed on the main page, to enter an order to buy your shares of PNC Financial. Decide if you want a market order or a limit order. The Motley Fool generally recommends a market order since it locks you into a guaranteed price.
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