PNC makes strong opening statement

Published April 23, 2007 4:00am ET



PNC sure knows how to make an entrance. Completing its acquisition of local business Mercantile Bankshares Corp. on March 2, Pittsburgh-based PNC Financial Services Group Inc. is trying to make itself a household.

As a result of the merger, PNC reported total assets of $123 billion, a new personal record. And besides the financial boom, PNC now has a nice bridge in a region it tried to penetrate.

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