PNC Financial Services Group Inc at Bank of America Financial Services Conference Transcript

Feb 21, 2024 / 01:50PM GMT
Ebrahim Huseini Poonawala - BofA Securities, Research Division - MD of United States Equity Research & Head of North American Banks Research

We'll go ahead and get started. So next up, we have Rob Reilly, CFO from PNC. Rob, thank you so much for joining us.

Robert Q. Reilly - The PNC Financial Services Group, Inc. - Executive VP & CFO

Glad to be with you. There's a lot of seat here.

Questions and Answers:

Ebrahim Huseini Poonawala - BofA Securities, Research Division - MD of United States Equity Research & Head of North American Banks Research

So I guess it's hard to talk about PNC without talking about M&A and what's going on. And we did get some transactions over the last 24 hours, which is good to see some life in the sector. But give us a sense, I mean, I think the notion of, in Bill's comments, during the fourth quarter call around the need for scale, contextualize that for us in terms of what does it mean. And you'll hear from some of your peers that some of the largest banks are in
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