PNC Financial (PNC) AI Stock Analysis

• Market Cap: $77.55B
• Dividend Yield: 3.32%
• Average Volume (3M): 2.52M
• Price to Earnings (P/E): 13.4
• Beta (1Y): 1.07
• Revenue Growth: 3.83%
• EPS Growth: 22.68%
• Country: US
• Employees: 53,686
• Sector: Financial
• Sector Strength: 75
• Industry: Banks - Regional
• EPS (TTM): 3.85
• Shares Outstanding: 395,567,020
• 10 Day Avg. Volume: 2,495,790
• 30 Day Avg. Volume: 2,515,082
• PEG Ratio: 3.78
• Price to Book (P/B): 1.35
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 13.81
• Enterprise Value/Market Cap: 1.39
• Enterprise Value/Revenue: 1.77
• Enterprise Value/Gross Profit: 7.07
• Enterprise Value/Ebitda: 4.13
• 1Y Price Target: $209.26
• Price Target Upside: 6.74% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 18

• Rating: 80 Outperform
• Price Target: $223.00 ▲(13.75%Upside)

PNC Financial's strong profitability, stable balance sheet, and effective cost management are the most significant factors. Positive technical indicators and attractive valuation further support the stock, while the earnings call highlights strong performance and strategic growth.

Positive Factors

Earnings Performance

Shares of PNC outperformed peers after reporting 2Q25 EPS beat driven by stronger PPNR and lower credit costs.

Lending Activity

Lending pick-up could serve as a catalyst for the stock.

Net Interest Income

PNC Financial Services continues to stand out as one of the more compelling NII growth stories in the sector and momentum is expected to carry into 2026.

Negative Factors

Economic Uncertainty

Increased economic uncertainty has weighed on projected fee income for the year.

Market Comparison

There is relatively less upside potential in PNC compared to outperform-rated banks that generate higher returns.

Valuation Concerns

PNC shares have surpassed the last published price target, indicating a full valuation.

PNC Financial Business Overview & Revenue Model

Company Description

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 of branches, ATMs, call centers, and online and mobile banking channels. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, and equipment leases; cash and investment management services, receivables and disbursement management services, funds transfer services, international payment services, and access to online/mobile information management and reporting; foreign exchange, derivatives, fixed income, securities underwriting, loan syndications, and mergers and acquisitions and equity capital markets advisory related services; and commercial loan servicing and technology solutions. It serves mid-sized and large corporations, and government and not-for-profit entities. The company's Asset Management Group segment offers investment and retirement planning, customized investment management, credit and cash management solutions, and trust management and administration services for high net worth and ultra high net worth individuals, and their families; and multi-generational family planning services for ultra high net worth individuals and their families. It also provides outsourced chief investment officer, custody, private real estate, cash and fixed income client solutions, and fiduciary retirement advisory services for institutional clients. The company has 2,591 branches and 9,502 ATMs. The company was founded in 1852 and is headquartered in Pittsburgh, Pennsylvania.

How the Company Makes Money

PNC Financial generates revenue primarily through interest income from its lending activities, including loans and mortgages to consumers and businesses. Additionally, PNC earns non-interest income through fees and commissions from various services such as asset management, investment banking, and transaction services. The company also benefits from income generated through its investment portfolio. Key revenue streams include retail banking, which offers traditional banking services to individual customers, and corporate and institutional banking, which provides financial solutions to larger businesses and government entities. Strategic partnerships and technological investments, such as in digital banking platforms, also contribute to its revenue streams by enhancing customer engagement and operational efficiency.

PNC Financial Financial Statement Overview

Summary

PNC Financial exhibits strong profitability metrics and a stable balance sheet, with effective cost management and cash flow generation. However, challenges remain with revenue growth and rising debt levels.

Income Statement

PNC Financial demonstrated strong profitability with a stable gross profit margin reflecting consistent performance in TTM (Trailing-Twelve-Months). The net profit margin and EBIT margin remained robust, showcasing efficient cost management. However, revenue growth was slightly negative in the most recent annual report, indicating some challenges in expanding their top line.

Balance Sheet

The balance sheet reveals a sound financial position with a moderate debt-to-equity ratio, indicating balanced leverage. Return on equity is healthy, reflecting effective use of shareholders' funds to generate profit. The equity ratio is stable, showcasing adequate equity financing, though the rising debt levels warrant monitoring.

Cash Flow

PNC's cash flow statement highlights a strong operating cash flow to net income ratio, implying efficient cash generation from operations. Free cash flow growth, however, has been inconsistent, suggesting potential volatility in capital expenditure or cash management strategies.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	33.69B	31.90B	23.54B	19.70B	18.26B
Gross Profit	20.01B	20.75B	20.64B	19.99B	13.73B
EBITDA	7.50B	6.95B	8.12B	8.76B	4.93B
Net Income	5.89B	5.58B	6.04B	5.67B	7.52B
Balance Sheet
Total Assets	560.04B	561.58B	557.26B	557.19B	466.68B
Cash, Cash Equivalents and Short-Term Investments	55.64B	92.51B	78.52B	213.79B	179.55B
Total Debt	61.67B	72.74B	58.71B	33.00B	39.29B
Total Liabilities	505.57B	510.44B	511.45B	501.46B	412.64B
Stockholders Equity	54.42B	51.10B	45.77B	55.70B	54.01B
Cash Flow
Free Cash Flow	7.88B	10.11B	9.08B	7.21B	4.66B
Operating Cash Flow	7.88B	10.11B	9.08B	7.21B	4.66B
Investing Cash Flow	-3.23B	10.11B	-60.36B	-2.79B	-51.12B
Financing Cash Flow	-9.12B	-3.85B	3.38B	-3.43B	48.42B

PNC Financial Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 196.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PNC, the sentiment is Positive. The current price of 196.05 is above the 20-day moving average (MA) of 194.13, above the 50-day MA of 182.86, and above the 200-day MA of 182.65, indicating a bullish trend. The MACD of 4.33 indicates Positive momentum. The RSI at 64.82 is Neutral, neither overbought nor oversold. The STOCH value of 68.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PNC.

PNC Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PNC	80 Outperform	$77.55B	13.40	11.19%	3.32%	3.83%	22.68%
FCNCA	79 Outperform	$27.49B	12.00	11.46%	0.36%	-21.44%	―
FITB	78 Outperform	$28.60B	13.33	11.58%	3.45%	2.08%	2.87%
MTB	76 Outperform	$31.11B	12.56	9.48%	2.79%	0.62%	14.75%
USB	73 Outperform	$72.17B	11.09	11.66%	4.32%	0.84%	32.55%
TFC	69 Neutral	$59.78B	12.42	8.13%	4.56%	18.25%	―
Sector *	58 Neutral	HK$92.24B	5.77	-3.20%	4.64%	5.50%	-56.25%

PNC Financial Corporate Events

PNC Financial Completes $1.5 Billion Senior Notes Sale

On July 21, 2025, PNC Financial Services Group, Inc. successfully completed the sale of $1.5 billion in 5.373% Fixed Rate/Floating Rate Senior Notes due in 2036. This strategic financial move, executed with major financial institutions like Citigroup and Goldman Sachs, is expected to bolster PNC’s financial standing and potentially enhance its market position.

The most recent analyst rating on (PNC) stock is a Buy with a $212.00 price target. To see the full list of analyst forecasts on PNC Financial stock, see the PNC Stock Forecast page.

PNC Financial Reports Strong Q2 2025 Results

On July 16, 2025, PNC Financial Services Group reported strong financial results for the second quarter of 2025, with a net income of $1.6 billion and a 4% revenue growth. The company experienced its strongest loan growth since the fourth quarter of 2022, maintained stable noninterest expenses, and announced a dividend increase, reflecting its continued financial strength. PNC’s strategic priorities include expanding its client base and leveraging technology for superior client service, which contributed to record treasury management revenue and increased brokerage assets. The company also reported improved credit quality and maintained its stress capital buffer at the regulatory minimum.

The most recent analyst rating on (PNC) stock is a Buy with a $212.00 price target. To see the full list of analyst forecasts on PNC Financial stock, see the PNC Stock Forecast page.

PNC Financial Completes $1.25 Billion Senior Notes Offering

On May 13, 2025, PNC Financial Services Group, Inc. successfully completed the public offering and sale of $1.25 billion in Fixed Rate/Floating Rate Senior Notes due in 2031. This issuance, underwritten by major financial institutions and governed by existing indentures, reflects PNC’s strategic financial maneuvers to enhance its capital structure and potentially strengthen its market position.

The most recent analyst rating on (PNC) stock is a Buy with a $184.00 price target. To see the full list of analyst forecasts on PNC Financial stock, see the PNC Stock Forecast page.