Keeping in mind this bank has very strong branding and is one of the largest in the country. They have very little toxic waste on the balance sheet since they do much their operations in areas like Pittsburgh that did not have a massive real estate boom/ bust. Practically their only toxic waste would be from NCC which they acquired. However they got billions for the govt to absorb the losses and grew their deposit base hugely in the deal. If you look a 1 year chart of PNC shares you will see that is have been very stable on a relative basis compared to other financials until today. PNC has been considered a on a higher level compared to BAC, etc. If PNC is insolvent and needs a bailout the US banking system is truly doomed. I'm not one to call reversals, to buy now would be blatant speculation. Still a good stock to watch for a long term buy.