The
National City Corporation , based in
Cleveland, Ohio , is one of the ten largest banks in America in terms of deposits. The company operates through an extensive banking network primarily in Ohio, Illinois, Indiana, Kentucky, Michigan, Missouri and Pennsylvania, and also serves customers in selected markets nationally. Its core businesses include commercial and retail banking, mortgage financing and servicing, consumer finance and asset management.
National City has been on an acquisition spree of late, including its $2.1 billion purchase of Cincinnati-based
Provident Financial Group in 2004. On the other side of the ledger, National City sold to
Bank Of America its 83% stake in
National Processing , which earns fees from processing merchant credit card transactions.
- Revenue (mil.): $11,036.1
- 1-Year Sales Growth: 4.51%
- Net Income after Tax (mil.): $1,985.2
- 1-Year Net Income Growth: -28.6%
- Employees: 35,231
- Revenue (mil.): $10,559.9
- 1-Year Sales Growth: 10.1%
- Net Income after Tax (mil.): $2,779.9
- 1-Year Net Income Growth: 31.3%
- Employees: 35,230
- Revenue (mil.): $9,593.8
- Net Income after Tax (mil.): $2,117.1
- Employees: 33,331
