The PNC Financial Services Group, Inc. (PNC)

NYSE: PNC · IEX Real-Time Price · USD
153.11
-11.12 (-6.77%)
At close: Dec 5, 2022 4:00 PM
153.30
+0.19 (0.12%)
After-hours: Dec 5, 2022 4:14 PM EST
-6.77%
Market Cap 66.47B
Revenue (ttm) 20.48B
Net Income (ttm) 5.55B
Shares Out 410.00M
EPS (ttm) 13.26
PE Ratio 11.55
Forward PE 10.02
Dividend $5.75 (3.76%)
Ex-Dividend Date Oct 14, 2022
Volume 3,693,474
Open 162.77
Previous Close 164.23
Day's Range 152.58 - 162.98
52-Week Range 143.52 - 228.14
Beta 1.15
Analysts Buy
Price Target 181.48 (+18.5%)
Earnings Date Jan 18, 2023

About PNC

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. 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, insurance, and investment and cash management services. This segment serves consumer and small business customers through a network... [Read more]

Industry Banks
Founded 1852
CEO William Demchak
Employees 59,616
Stock Exchange NYSE
Ticker Symbol PNC
Full Company Profile

Financial Performance

In 2021, PNC's revenue was $19.21 billion, an increase of 13.67% compared to the previous year's $16.90 billion. Earnings were $5.67 billion, a decrease of -24.52%.

Financial Statements

Analyst Forecast

According to 28 analysts, the average rating for PNC stock is "Buy." The 12-month stock price forecast is 181.48, which is an increase of 18.53% from the latest price.

Price Target
$181.48
(18.53% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PNC EXECUTIVES TO SPEAK AT GOLDMAN SACHS CONFERENCE

PITTSBURGH , Nov. 22, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak and Executive Vice P...

1 week ago - PRNewsWire

Harris Williams Advises Bregal in Connection with the Combination of Four Portfolio Companies to Form GENII Software ...

LONDON--( BUSINESS WIRE )--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Bregal Unternehmerkapital Funds (Bregal) in connection with the combinati...

2 weeks ago - Business Wire

TRUE LOVE FEELS STICKER SHOCK WITH A 10.5 PERCENT HIKE IN PNC CHRISTMAS PRICE INDEX

For the 39th year, PNC calculated the cost of Christmas The year-over-year increase in 2022 is the third highest on record Inflation for services far outstripped goods in this year's index PITTSBURGH , ...

2 weeks ago - PRNewsWire

Harris Williams Advises United States Infrastructure Corporation on its Sale of a 50% Stake to Kohlberg & Company

RICHMOND, Va.--( BUSINESS WIRE )--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised United States Infrastructure Corporation (USIC), a portfolio compa...

3 weeks ago - Business Wire

Harris Williams Acts as Lead Sell-Side Advisor on A2MAC1's Pending Sale to Providence Equity Partners

LONDON--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it is acting as lead sell-side advisor to A2MAC1, a portfolio company of Five Arrows P...

3 weeks ago - Business Wire

Harris Williams Advises St Pierre Groupe on its Sale to Grupo Bimbo

LONDON--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised St Pierre Groupe (St Pierre), an international market leader in the bakery ...

1 month ago - Business Wire

PNC BANK, N.A. CHANGES PRIME RATE

PITTSBURGH , Nov. 2, 2022 /PRNewswire/ -- PNC Bank, N.A. announced an increase in its prime lending rate.

1 month ago - PRNewsWire

2023 outlook from ASU and national economists

Speakers from across the country and region share what's in store for the year ahead at the 59th annual ASU/PNC Bank Economic Forecast Luncheon TEMPE, Ariz. , Nov. 2, 2022 /PRNewswire/ -- The 2023 econo...

1 month ago - PRNewsWire

These 7 Seven Financial Companies Are Making Money Hand Over Fist as Interest Rates Surge

After a decade and a half of ultra-low interest rates, banks are finally making good money on interest income.

Other symbols: BACHBANJPMSCHWSIWAFD
1 month ago - The Motley Fool

PNC EXECUTIVES TO SPEAK AT BANCANALYSTS ASSOCIATION OF BOSTON CONFERENCE

PITTSBURGH , Oct. 20, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Executive Vice President and Chief Financial Officer Robert Q. Reilly and Executive Vic...

1 month ago - PRNewsWire

7 Stocks to Buy and Hold Forever

Finding stocks to buy and hold forever isn't easy. When looking for such stocks, it's important they meet four criteria.

Other symbols: BYDDFGSJKSNFLXNXPIXPEV
1 month ago - InvestorPlace

PNC Financial (PNC) Q3 Earnings & Revenues Beat Estimates

Higher net interest income and loan growth, along with declining expenses, aid PNC Financials' (PNC) Q3 results. A fall in fee income and deposits were major headwinds for the company.

1 month ago - Zacks Investment Research

The PNC Financial Services Group, Inc (PNC) Beats Q3 Earnings and Revenue Estimates

The PNC Financial Services Group, Inc (PNC) delivered earnings and revenue surprises of 3.28% and 3.04%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead ...

1 month ago - Zacks Investment Research

PNC REPORTS THIRD QUARTER 2022 NET INCOME OF $1.6 BILLION, $3.78 DILUTED EPS

3% avg. loan growth; 32 basis point NIM expansion; 7% positive operating leverage PITTSBURGH , Oct. 14, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: For the qu...

1 month ago - PRNewsWire

Bank stocks will rip after the macro headwinds are over, says Wells Fargo's Mike Mayo

Mike Mayo, Wells Fargo Securities, joins 'Closing Bell: Overtime' to discuss bank earnings season.

Other symbols: CJPMKEYMSWFC
1 month ago - CNBC Television

Three stock lunch: Trading the financial sector

Todd Gordon, founder of New Age Wealth Advisors, joins 'Power Lunch' to highlight three names in the financial sector worth trading: GS, AMP, and PNC. For access to live and exclusive video from CNBC su...

Other symbols: AMPGS
1 month ago - CNBC Television

Q3 Earnings Season Starts With The Banks: What Investors Need To Know Before Friday

The banks are set to kick off what will be a closely-watched third-quarter earnings season when they report financial results this coming Friday.

Other symbols: CGSJPMSCHWUSBWFC
1 month ago - Benzinga

Fee Income Decline to Hurt PNC Financial's (PNC) Q3 Earnings

Rising expenses and lower fee income are expected to have hurt PNC Financial's (PNC) Q3 earnings despite higher NII and loan growth.

1 month ago - Zacks Investment Research

Why The PNC Financial Services Group, Inc (PNC) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does The PNC Financial Services Group, Inc (PNC) have what it takes?

1 month ago - Zacks Investment Research

Earnings Preview: The PNC Financial Services Group, Inc (PNC) Q3 Earnings Expected to Decline

The PNC Financial Services Group, Inc (PNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Harris Williams Advises Ivy Rehab Physical Therapy on its Continuation Fund Transaction

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Ivy Rehab Physical Therapy (Ivy) on its continuation fund transactio...

1 month ago - Business Wire

PNC BANK EXPANDS PARTNERUP® CAREER PATHWAY INITIATIVE TO HIGH SCHOOLERS IN NEW MARKETS

Upskilling Program, New Education Benefit through Guild to Offer Direct, Debt-Free Route to In-Demand Careers PITTSBURGH , Oct. 6, 2022 /PRNewswire/ -- PartnerUp®, a PNC Bank-led initiative aimed at ste...

1 month ago - PRNewsWire