The PNC Financial Services Group, Inc. (PNC)

NYSE: PNC · IEX Real-Time Price · USD
122.77
-0.06 (-0.05%)
Sep 29, 2023, 4:00 PM EDT - Market closed
-0.05%
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
$155.99
(27.06% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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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.

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4 weeks ago - Market Watch

PNC Executives To Speak At Barclays Global Financial Services Conference

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4 weeks ago - PRNewsWire

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

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

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7 weeks ago - CNBC

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2 months ago - Market Watch

PNC BANK, N.A. CHANGES PRIME RATE

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

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2 months ago - Yahoo Finance

PNC earnings 'quite strong' despite revenue miss: Analyst

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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

PNC REPORTS SECOND QUARTER 2023 NET INCOME OF $1.5 BILLION, $3.36 DILUTED EPS

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2 months ago - PRNewsWire