The PNC Financial Services Group, Inc

PNC Financial Banks Regional

The PNC Financial Services Group, Inc’s revenue for fiscal 2025 (year ended December 2025) was $34.0 billion, down 1.29% from fiscal 2024. In the quarter to September 2026, revenue grew 6.44%, EPS grew 19.9%, free cash flow grew 45.1% and total debt rose 32.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.

217.39 2.45 +1.14%
Market cap
$85.8B
P/E
11.4×
Fwd P/E
12.4×
Dividend yield
3.40%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

The PNC Financial Services Group, Inc (PNC) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, The PNC Financial Services Group, Inc (PNC) trades at a P/B ratio of 1.4×. Over the past ten years it has ranged from 0.7× (March 2020) to 1.7× (January 2022); the current reading is higher than 70% of that period. That is above the Banks Regional industry median of 1.2× and above the Financial sector median of 1.2×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.4× (3.50%)
FY2024 1.4× 15.13%
FY2023 1.2× (14.46%)
FY2022 1.4× (6.41%)
FY2021 1.5× 30.20%
FY2020 1.2× (18.59%)
FY2019 1.4× 26.53%
FY2018 1.1× (21.82%)
FY2017 1.5× 17.53%
FY2016 1.2× 16.74%

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.4× (7.80%)
Jun 2026 1.5× 17.03%
Mar 2026 1.3× (2.91%)
Dec 2025 1.4× 1.15%
43 more quarters

Against its own ten years

Low 0.7× High 1.7×
Ten-year median 1.3×
Current reading's percentile 68

P/B ratio against peers

Company P/B ratio
MFG Mizuho Financial Group, Inc. compare 0.2×
DB Deutsche Bank Aktiengesellschaft compare 0.6×
NWG NatWest Group plc compare 1.2×
LYG Lloyds Banking Group PLC compare 1.3×
PNC The PNC Financial Services Group, Inc 1.4×
USB U.S. Bancorp compare 1.5×
HDB HDFC Bank Limited compare 1.8×
IBN ICICI Bank Limited compare 2.5×
NU Nu Holdings Ltd. compare 5.3×
Banks Regional industry median 1.2×
Financial sector median 1.2×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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