PNC's net interest income inflected sharply from a 9.0% year-over-year decline in 2024Q1 to 15.3% growth in 2026Q3, with NIM improving from roughly 0.6% to 0.7%, suggesting the rate-cycle tailwind is flowing through the asset book and lifting EPS growth to 14.3% in the latest quarter.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
NII growth accelerated to 15.3% in 2026Q3 as the efficiency ratio normalized to 57.2% from the 102.3% distortion in 2026Q1, though fee income's 35.9% revenue contribution still suggests volatility relative to the 38.5% seen in 2025Q4.
In 2025, PNC’s revenue rose 7.48% year‑over‑year to $22.32 billion, while earnings climbed 19.65%. Capital markets fees increased 35% YoY, contributing an 8% lift in overall non‑interest income, and book value per share grew 14% from the prior year.
The acquisition of FirstBank is expected to be earnings accretive, expanding PNC’s footprint in Colorado and Arizona and adding a low‑cost deposit base. The deal is also driving higher shareholder returns through increased stock buyback activity.
A mechanical repricing of a substantial fixed‑rate asset book is projected to push Net Interest Margin above 3% in the coming quarters, boosting net interest income momentum.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 15, 2026 | $5.09+3.7% vs $4.91 | $6.6B-0.7% vs $6.6B |
Q3 2026 Jul 15, 2026 | $4.85+8.7% vs $4.46 | $6.9B+5.5% vs $6.5B |
Q2 2026 Apr 15, 2026 | $4.13+5.1% vs $3.93 | $6.2B-1.2% vs $6.2B |
Q1 2026 Jan 16, 2026 | $4.88+15.4% vs $4.23 | $6.1B+1.9% vs $6.0B |
The PNC Financial Services Group, Inc. (PNC) Presents at BancAnalysts Association of Boston Conference 2026 Transcript
The PNC Financial Services Group NYSE: PNC is reshuffling its leadership as it expands its branch network and prepares for changes in banking technology, Chairman and CEO Bill Demchak said during a fireside chat with investors.
Expansion in South Carolina and Georgia Adds Eight Markets, Bringing Total Buildout Markets to 28 PITTSBURGH, Nov. 6, 2026 /PRNewswire/ -- PNC Bank today announced it will broaden its branch expansion to more than 370 total new locations by 2031, including more than 70 branches already opened since announcing its original expansion strategy. The additional branches will strengthen PNC's presence across the Southeast, adding more than 50 new locations in South Carolina and Georgia, underscoring the company's commitment to two of the nation's fastest-growing states.
The PNC Financial Services Group, Inc (NYSE: PNC - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the twenty-five analysts that are covering the stock, MarketBeat reports. Eight analysts have rated the stock with a hold rating and seventeen have issued a buy rating on the company. The average 1-year price target
Benchmark PNC against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for The PNC Financial Services Group, Inc. (PNC)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $225.38 | $89.93B | 11.44 | 10.9% | 31.33% | 12.6% | 2.97% | |
| $59.45 | $92.61B | 11.07 | 4.41% | 27.7% | 12.56% | 3.42% | |
| $49.38 | $61.52B | 11.67 | 53.03% | 26.72% | 8.14% | 4.21% | |
| $28.31 | $24.16B | 10.56 | 6.25% | 29.89% | 12.26% | 3.66% | |
| $63.24 | $26.74B | 11.87 | -5.85% | 25.4% | 8.74% | 2.74% | |
| $15.47 | $31.26B | 12.72 | 10.58% | 24% | 8.17% | 3.9% |
The PNC Financial Services Group, Inc. (PNC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
The PNC Financial Services Group, Inc. (PNC) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 23, 2026·SEC
Oct 15, 2026·SEC
Oct 15, 2026·SEC
Feb 20, 2026·SEC
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The PNC Financial Services Group, Inc. (PNC) stock FAQ — growth, dividends, profitability & financials explained
The PNC Financial Services Group, Inc. (PNC) grew revenue by 11.7% over the trailing twelve months, compared with the twelve months before.
Yes. The PNC Financial Services Group, Inc. (PNC) earned $7.90B in net income over the trailing twelve months (a 31.3% net margin).
Yes. The PNC Financial Services Group, Inc. (PNC) pays a dividend that yields 2.97% at the current price, a moderate yield.
The PNC Financial Services Group, Inc. (PNC) had a return on equity (ROE) of 12.6% over the trailing twelve months. That is in line with the market's typical 10-15%.
The PNC Financial Services Group, Inc. (PNC) has a net interest margin (NIM) of 2.5%. NIM has been under pressure due to interest rate environment.
The PNC Financial Services Group, Inc. (PNC) has an efficiency ratio of 59.9%. This is reasonable for a bank.
