tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

PNC Financial Completes $3 Billion Multi-Tranche Debt Offering

Story Highlights
  • PNC completed a $3 billion multi-tranche debt issuance on January 26, 2026.
  • The new subordinated and senior notes strengthen PNC’s long-term funding and capital markets profile.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PNC Financial Completes $3 Billion Multi-Tranche Debt Offering

Claim 50% Off TipRanks Premium

An announcement from PNC Financial ( (PNC) ) is now available.

On January 26, 2026, The PNC Financial Services Group, Inc. completed a multi-tranche public debt offering totaling $3 billion, consisting of $1.5 billion of 5.423% Fixed-Rate Reset Subordinated Notes due 2041, $1.2 billion of 4.075% Fixed Rate/Floating Rate Senior Notes due 2029, and $300 million of Senior Floating Rate Notes due 2029. The notes were sold in underwritten offerings led by PNC Capital Markets, Goldman Sachs and J.P. Morgan, and were issued under existing indenture frameworks with The Bank of New York Mellon as trustee, reinforcing PNC’s access to capital markets and adding long-dated subordinated and senior funding that can support its regulatory capital structure and overall funding profile.

The most recent analyst rating on (PNC) stock is a Buy with a $271.00 price target. To see the full list of analyst forecasts on PNC Financial stock, see the PNC Stock Forecast page.

Spark’s Take on PNC Stock

According to Spark, TipRanks’ AI Analyst, PNC is a Outperform.

The score is driven primarily by solid underlying financial quality and a notably positive earnings outlook (strong 2026 growth and operating leverage targets, plus ongoing buybacks). Technicals also support the view with price above major moving averages and positive momentum. Valuation is supportive (P/E 13.7 and ~3.07% yield), while the main constraints are the recent TTM revenue decline and near-term integration/credit-cost headwinds highlighted in guidance.

To see Spark’s full report on PNC stock, click here.

More about PNC Financial

The PNC Financial Services Group, Inc. is a diversified U.S. financial services corporation operating in banking and related financial products, with funding activities in the capital markets that include issuing senior and subordinated notes to support its broader balance sheet and financial operations.

Average Trading Volume: 2,184,010

Technical Sentiment Signal: Buy

Current Market Cap: $86.04B

For detailed information about PNC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1