Rob’s Fundamental Stock Analysis

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How about $PNC bank, they ok?

robs.substack.com

How about $PNC bank, they ok?

Rob's Educated Guesses
Mar 12, 2023
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Share this post

How about $PNC bank, they ok?

robs.substack.com

Last one and then let’s see what the Fed does.

PNC bank holds $143 billion in securities on their balance sheet, of which $45b are Treasuries which are AFS (available for sale) and marked to market. They have $77 billion in MBS as HTM which have an imbedded $7 billion loss (chart 1). I didn’t hear much about this until I read today but 2022 book value …

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