The PNC Financial Services Group, Inc. (PNC)

NYSE: PNC · IEX Real-Time Price · USD
-0.06 (-0.05%)
Sep 29, 2023, 4:00 PM EDT - Market closed
Market Cap 48.89B
Revenue (ttm) 22.21B
Net Income (ttm) 5.93B
Shares Out 398.26M
EPS (ttm) 14.58
PE Ratio 8.42
Forward PE 10.41
Dividend $6.20 (5.05%)
Ex-Dividend Date Jul 14, 2023
Volume 1,093,680
Open 123.96
Previous Close 122.83
Day's Range 122.45 - 124.82
52-Week Range 110.31 - 170.28
Beta 1.13
Analysts Buy
Price Target 155.99 (+27.06%)
Earnings Date Oct 13, 2023

About PNC

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. It operates through three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group segments. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as certificates of deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insuran... [Read more]

Sector Financials
Founded 1852
Employees 61,545
Stock Exchange NYSE
Ticker Symbol PNC
Full Company Profile

Financial Performance

In 2022, PNC's revenue was $21.12 billion, an increase of 9.94% compared to the previous year's $19.21 billion. Earnings were $5.74 billion, an increase of 5.50%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for PNC stock is "Buy." The 12-month stock price forecast is $155.99, which is an increase of 27.06% from the latest price.

Price Target
(27.06% upside)
Analyst Consensus: Buy
Stock Forecasts


Energy is improving, but there are better opportunities in other sectors, says Matrix's David Katz

David Katz, Matrix Asset Advisors CIO, joins 'The Exchange' to discuss investing in strong fundamentals with reasonable multiples, the 12-month time horizon bull case for PayPal, and more.

Other symbols: GSMDTNEEPYPL
15 days ago - CNBC Television

Jamie Dimon sounds off on bank regulation

CNBC's Leslie Picker joins 'Closing Bell' to discuss comments from JPMorgan Chase CEO Jamie Dimon.

18 days ago - CNBC Television

Why these investors love bank stocks

Banks currently are the industry group that is most popular with the top-performing newsletters that my auditing firm monitors.

19 days ago - Market Watch

Regional banks may saddle themselves with $63B in fresh debt to meet regulatory requirements: report

Eighteen regional banks may add about $63 billion of holding company debt to meet proposed regulatory guidelines for lending institutions of $100 billion to $250 billion of assets, in the latest chall...

22 days ago - Market Watch

PNC Survey Shows Business Owner Optimism Soars To 21-Year Record High While Hiring Concerns Linger

77% of surveyed small and mid-sized business owners optimistic about their business Despite economist expectations for recession, elevated optimism for national economy Almost half of respondents say ...

23 days ago - PRNewsWire

The PNC Financial Services Group Announces Third Quarter Earnings Conference Call Details

PITTSBURGH , Sept. 1, 2023 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the third quarter at approximately 6:30 a.m.

4 weeks ago - PRNewsWire

Here's how much regional banks could lose under new liquidity rules

The U.S. Federal Reserve has warned regional banks about stricter liquidity requirements in a fresh regulatory push that will impact 2024 earnings of six affected banks, an analyst at J.P. Morgan said...

4 weeks ago - Market Watch

PNC Executives To Speak At Barclays Global Financial Services Conference

PITTSBURGH, Aug. 31, 2023 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak and Executive Vice ...

4 weeks ago - PRNewsWire

New PNC Bank Survey of Employers, Employees Finds U.S. Business Productivity is Unexpected Casualty of Inflation

90% of employees surveyed say they are negatively affected by inflation 87% of employees worry about personal finances on the job 75% of employers surveyed say workers' financial stress negatively aff...

5 weeks ago - PRNewsWire

These 20 dividend-paying stocks get a double boost from declining interest rates

Bonds will do well if U.S. interest rates decline in coming months. What you may not appreciate is that dividend-paying stocks are likely to do even better.

5 weeks ago - Market Watch

PNC Capital Markets Launches PNC Asset Exchange to Help Financial Institution Clients Optimize Loan Portfolios

Exclusive online loan marketplace, powered by Community Capital, will expand client loan market access and liquidity management PITTSBURGH , Aug. 16, 2023 /PRNewswire/ -- PNC FIG Advisory, part of PNC...

6 weeks ago - PRNewsWire

6 Beaten-Up Regional Bank Stocks Ready For A Rebound

After Moody's cut credit ratings, regional banks are feeling the heat again. However, some smart analysts think there are select bargains in the trash bin.

7 weeks ago - Forbes

Regional bank shares under fire again after credit downgrade, head for worst day in three months

The SPDR S&P Regional Banking ETF (KRE) fell by more than 3% and was on track for its worst day since May 4.

7 weeks ago - CNBC

Banks' Near $50 Billion Stock Losses Set Up Market For Among Worst Days Of 2023

Shares of the 15 largest American banks each fell 2% or more after Moody's issued a chilly update on the closely-watched sector.

Other symbols: MTBSTTTFCUSB
7 weeks ago - Forbes

Citigroup, Wells Fargo, PNC: Undervalued Dividend Growers

If you're exploring dividend stocks, you can adopt various strategies. You might seek out high-yield stocks, or those with consistent payouts and robust financial conditions, or companies with a track...

Other symbols: WFCC
7 weeks ago - MarketBeat

JPMorgan, Goldman and Morgan Stanley win praise in Jefferies Q2 bank earnings wrap

Bank fundamentals were challenged but results were better than worst-case fears as higher interest rates boosted bank loan yields, Jefferies analyst Ken Usdin said Thursday in the firm's summary of se...

2 months ago - Market Watch


PITTSBURGH , July 26, 2023 /PRNewswire/ -- PNC Bank, N.A., announced an increase in its prime lending rate.

2 months ago - PRNewsWire

15 value-stock picks for momentum investors from a money manager who has outperformed the S&P 500 for 30 years

During the first five months of 2023, there were investors who had difficulty believing in a sustained stock-market rally because the action was dominated by the largest technology companies. But the ...

2 months ago - Market Watch

Regional bank stocks: Key technical areas to watch

Freedom Capital Markets Chief Global Strategist Jay Wood spoke to Yahoo Finance's Jared Blikre about areas to watch with regional ban stocks.

Other symbols: KRE
2 months ago - Yahoo Finance

PNC earnings 'quite strong' despite revenue miss: Analyst

CFRA Research Senior Equity Research Analyst Alexander Yokum spoke to Yahoo Finance anchors Julie Hyman and Diane King Hall about PNC earnings and regional banks.

2 months ago - Yahoo Finance

PNC stock slips on Q2 revenue miss and slashed income forecast

Yahoo Finance's Allie Canal, Julie Hyman, and Diane King Hall break down PNC earnings.

2 months ago - Yahoo Finance

PNC Stock Falls. The Regional Bank's Revenue Was a Miss.

PNC Financial Services Group earnings were flat year over year, but came in ahead of expectations.

2 months ago - Barrons

PNC Financial's interest income forecast trim clouds upbeat quarter

PNC Financial Services Group on Tuesday cut its forecast for full-year net interest income (NII), casting a shadow over the lender's second-quarter earnings beat.

2 months ago - Reuters

PNC's stock slides 3% premarket after revenue falls short of estimates

PNC Financial Services Group Inc.'s stock PNC, +1.09% slid 3% in premarket trade Tuesday, after the regional bank's second-quarter revenue fell short of estimates. Pittsburgh-based PNC posted net inco...

2 months ago - Market Watch


Increased capital; strong credit quality; 4Q23 SCB requirement of 2.5%. Raised quarterly common stock dividend 5 cents to $1.55 per share on July 3, 2023.

2 months ago - PRNewsWire