PPNC Financial Services runs one of the largest banks in America, serving households and businesses of every size through branches, apps, and corporate bankers. Acquisitions turned it from a regional lender into a coast-to-coast bank, notably its purchases of National City during the 2008 financial crisis and BBVA USA in 2021. Consumers keep checking and savings accounts, such as Virtual Wallet with its built-in budgeting tools, and take out mortgages and credit cards, while companies borrow and manage cash through PNC. It earns most of its money on the gap between loan interest and deposit costs, and the rest from fees. PNC traces its roots to a savings bank founded in 1845 and is based in Pittsburgh, Pennsylvania.
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Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Pittsburgh, PA
Founded
1845
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Total Funding
$3.5B
Above
Industry Average
Funded Over
4 Rounds
PNC Bank will open 60 branches a year from 2027, expanding its network to more than 370 new locations as part of a roughly $2.5 billion investment. It also plans to renovate existing branches and hire 2,400 employees. The bank will add more than 50 branches in Georgia and South Carolina, including 12 in Greenville, nine in Charleston, and nine in Columbia. It already is opening about 200 locations in Florida and North Carolina, with buildouts in Atlanta and Nashville. "We're seeing strong demand for the incredible hospitality, advice and personalized service that our bankers provide," said Jeff Martinez, head of branch distribution and sales management at PNC. The bank says its new mobile app helped lift active digital users 9% year over year in the third quarter.
NiSource Inc. priced a $600 million offering of 5.400% notes due February 28, 2032, according to a free writing prospectus filed on November 2, 2026. The notes sold at 99.752% of principal, for a yield of 5.447%. Net proceeds are $594,912,000 before expenses. The spread is 75 basis points over the 4.750% Treasury due October 31, 2031. Interest is paid semi-annually, starting August 28, 2027. NiSource may redeem the notes in full at 101% of principal if a Tax Credit Event occurs. Settlement is expected on November 9, 2026. BMO Capital Markets, KeyBanc Capital Markets, Mizuho Securities USA, and PNC Capital Markets are joint book-running managers.
GATX Corporation priced a $300 million offering of 5.950% senior notes due November 15, 2036, according to a free writing prospectus filed on November 2, 2026. Settlement is expected on November 6, 2026. The notes were sold at 99.789% of par, a yield of 5.978%. That is 110 basis points over the benchmark US Treasury 4.625% due August 15, 2036. Interest is paid every May 15 and November 15, starting May 15, 2027. GATX can redeem the notes at par from August 15, 2036. Expected ratings are Baa1 from Moody's, BBB from S&P, and BBB+ from Fitch, all with stable outlooks. BofA Securities, Citigroup Global Markets, Morgan Stanley, and PNC Capital Markets led the offering.
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WINTER PARK, Fla., Oct. 29, 2026 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”), today announced the successful closing
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Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Pittsburgh, PA
Founded
1845
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs