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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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total buys 0.00
Total sells 27.22
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — 1 — — — — — — —
Sell 1 — — 4 — — 1 3 1 1 — —
Insider Ownership 0.87%

Capital & Financial Ratios $m

Market Cap 85,750.00
Revenue 36,190.00
Net Income 7,682.00
Free Cash Flow 7,488.00
Net Debt 46,636.00
Current Ratio 0.84
Debt/Equity 1.23
P/E ratio 11.41
Fwd P/E 12.40
P/S ratio 2.41
P/B ratio 1.40
Past 5Y EPS Growth (0.44%) (below 0%: weak)
This Y EPS Growth 14.44%
Next Y EPS Growth 13.22%
Next Y revenue growth (46.43%) (below 0%: weak)
Next 5Y EPS Growth 12.83%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 28.97%
10-year low 10-year high
P/S against its own 10 years 29.78%
10-year low 10-year high
P/B against its own 10 years 67.53%
10-year low 10-year high

Dividends

Payout Ratio 0.39
Annual Dividend Rate 7.40
Annual Dividend Yield 3.40%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 5.08
1.70
1.70
2.00
2.00
2025 4.43
1.60
1.60
1.70
1.70
2024 6.30
1.55
1.55
1.60
1.60
2023 6.10
1.50
1.50
1.55
1.55
2022 5.75
1.25
1.50
1.50
1.50
2021 4.80
1.15
1.15
1.25
1.25
2020 4.60
1.15
1.15
1.15
1.15
2019 4.20
0.95
0.95
1.15
1.15
2018 3.40
0.75
0.75
0.95
0.95
2017 2.60
0.55
0.55
0.75
0.75
2016 2.12
0.51
0.51
0.55
0.55
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 50,725 46,251 39,713 30,425
Receivables — — — —
Inventory — — — —
Other — — — —
368,176 359,082 368,723 407,434
2023 2024 2025 Q'26
Payables 421,418 426,738 440,866 466,362
ST’ Debt — — — —
Other — — — —
437,039 443,177 455,017 484,799

Compound Annual Growth %

10y 5y 3y
Sales 7.65% 13.23% 13.03%
Cash Flow (2.29%) (1.21%) (21.56%)
Earnings 5.46% 19.35% 4.83%
Book Value 2.81% 2.33% 9.80%

Revenue $m

Mar Jun Sep Dec Year
’26 8,648 9,462 9,360 — —
’25 8,106 8,376 8,794 8,720 33,996
’24 8,381 8,677 8,844 8,538 34,440
’23 7,677 7,727 8,018 8,460 31,882
’22 4,802 5,346 6,206 7,188 23,542
’21 4,355 4,787 5,316 5,240 19,698
’20 5,025 4,404 4,473 4,360 18,262
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 1,928 2,147 — — —
’25 (509) 1,480 2,656 757 4,384
’24 1,758 1,035 3,287 1,800 7,880
’23 1,876 3,256 115 4,864 10,111
’22 (989) 2,632 3,394 4,046 9,083
’21 780 1,415 1,525 3,494 7,214
’20 (696) 3,027 393 1,935 4,659
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 1,928 2,147 — — —
’25 (509) 1,480 2,656 757 4,384
’24 1,758 1,035 3,287 1,800 7,880
’23 1,876 3,256 115 4,864 10,111
’22 (989) 2,632 3,394 4,046 9,083
’21 780 1,415 1,525 3,494 7,214
’20 (696) 3,027 393 1,935 4,659
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 4.13 4.81 5.23 — —
’25 3.51 3.85 4.35 4.88 16.59
’24 3.10 3.39 3.49 3.77 13.74
’23 3.98 3.36 3.60 1.85 12.79
’22 3.23 3.39 3.78 3.47 13.85
’21 4.10 2.43 3.30 2.86 12.70
’20 1.95 8.40 3.39 3.26 16.96
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 77.40 113.66 108.45 114.85 79.41 141.60 143.52 109.40 139.69 145.12

Analyst estimates 2026–2028

Powerpack
High 118.57 147.28 163.59 161.79 161.25 217.60 228.14 169.07 216.26 214.59
People
People Employees 52,006 52,906 53,063 51,918 51,257 59,426 61,545 56,411 55,184 55,333
Revenue/emp, $m 0.32 0.34 0.36 0.40 0.36 0.33 0.38 0.57 0.62 0.61
Income, $m
Income, $m Revenue 16,423 18,035 19,051 20,636 18,262 19,698 23,542 31,882 34,440 33,996
Gross margin, % 92.32 90.54 84.98 81.60 92.55 97.53 89.71 67.40 62.59 67.95
EBT 5,253 5,490 5,486 5,492 3,429 6,988 7,473 6,736 7,242 8,486
EBT margin, % 31.99 30.44 28.80 26.61 18.78 35.48 31.74 21.13 21.03 24.96
Net income 3,985 5,388 5,346 5,418 7,558 5,725 6,113 5,647 5,953 6,997
Depreciation 1,193 1,117 1,129 1,315 1,497 1,773 651 217 259 381
Per share, $
Per share, $ Revenue 33.24 37.49 40.79 46.17 42.77 46.24 57.14 79.51 86.32 85.85
Earnings 7.42 10.49 10.79 11.43 16.99 12.71 13.86 12.80 13.76 16.60
Cash flow 7.09 11.60 16.79 16.47 10.91 16.93 22.05 25.21 19.75 11.07
Capex 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Free cash flow 7.09 11.60 16.79 16.47 10.91 16.93 22.05 25.21 19.75 11.07
Book value 94.85 98.93 102.29 110.39 126.56 130.81 111.19 127.53 136.51 153.12
Shares, m 494 481 467 447 427 426 412 401 399 396
Valuation, ×
Valuation, × P/E 15.90 13.75 10.83 13.95 8.75 15.76 11.50 12.24 14.02 12.56
P/S 3.55 3.86 2.87 3.46 3.48 4.34 2.79 1.97 2.23 2.43
P/B 1.24 1.46 1.14 1.45 1.18 1.53 1.43 1.23 1.41 1.36
EV/Sales 4.64 4.99 4.75 5.00 0.47 1.72 3.83 2.56 2.59 2.94
EV/FCF 21.78 16.14 11.54 14.01 1.85 4.71 9.92 8.08 11.33 22.82
Cash, $m
Cash, $m Operating cash flow 3,500 5,579 7,840 7,363 4,659 7,214 9,083 10,111 7,880 4,384
Capex — — — — — (950) (50) — — —
Free cash flow 3,500 5,579 7,840 7,363 4,659 7,214 9,083 10,111 7,880 4,384
Balance, $m
Balance, $m Working capital (25,181) (19,452) (35,730) (33,713) (44,505) (102,030) (95,387) (68,863) (84,095) (86,294)
Total debt 48,530 54,299 52,414 60,263 37,195 30,784 58,713 69,711 58,601 54,658
Net debt 17,940 20,455 35,913 31,789 (54,995) (51,470) 24,350 18,986 12,350 14,945
Shareholders’ equity 46,854 47,585 47,770 49,343 54,041 55,726 45,812 51,141 54,469 60,636
Returns, %
Returns, % ROA 1.01 1.35 1.33 1.08 0.62 1.06 1.02 0.92 0.98 1.16
ROIC 5.07 5.04 4.10 4.23 0.00 102.62 6.66 6.00 6.77 7.02
ROE 7.89 10.70 10.62 8.82 5.25 9.86 11.24 10.57 10.41 11.43
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 16 Oct 2026

Charts ten years each

The PNC Financial Services Group, Inc vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MFG Mizuho Financial Group, Inc. $124.4B 2.3× 13.9× +12.59% (above 0%: growing) +54.65% (above 0%: growing) +15.81% (above 0%: growing) 52.09% 0.00% Compare
HDB HDFC Bank Limited $120.9B 16.0× — −9.36% (below 0%: shrinking) +8.11% (above 0%: growing) −1.95% (below 0%: shrinking) 64.22% 0.00% Compare
IBN ICICI Bank Limited $105.7B 18.5× — −3.19% (below 0%: shrinking) +2.33% (above 0%: growing) −61.24% (below 0%: shrinking) 71.06% 0.00% Compare
USB U.S. Bancorp $89.4B 11.3× 10.9× +2.26% (above 0%: growing) +16.16% (above 0%: growing) +151.96% (above 0%: growing) 70.62% 0.00% Compare
PNC The PNC Financial Services Group, Inc $85.8B 11.4× 12.4× +6.44% (above 0%: growing) +19.94% (above 0%: growing) +45.07% (above 0%: growing) 70.11% 0.00%
LYG Lloyds Banking Group PLC $78.4B 15.5× — −67.58% (below 0%: shrinking) +413.83% (above 0%: growing) +62.30% (above 0%: growing) 100.00% 0.00% Compare
NU Nu Holdings Ltd. $71.2B 19.7× 14.5× +50.29% (above 0%: growing) +69.23% (above 0%: growing) −102.15% (below 0%: shrinking) 71.77% 0.00% Compare
NWG NatWest Group plc $69.2B 9.9× 8.4× +14.08% (above 0%: growing) +77.78% (above 0%: growing) −47.36% (below 0%: shrinking) 59.01% 0.00% Compare
DB Deutsche Bank Aktiengesellschaft $61.8B 7.6× 8.4× +5.77% (above 0%: growing) +160.96% (above 0%: growing) +127.23% (above 0%: growing) 57.34% 0.00% Compare
Median of peers $83.9B 13.4× 10.9× +4.02% +61.94% +6.93% 67.42% 0.00%

All 323 Banks Regional stocks →

PNC metrics, ten years each

The PNC Financial Services Group, Inc (PNC) key facts

  • Concern: 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.
  • The PNC Financial Services Group, Inc (PNC) is a Banks Regional company in the Financial sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, PNC traded at $217.39, a market capitalization of $85.8 billion.
  • The PNC Financial Services Group, Inc pays an annual dividend of $7.40 per share, a yield of 3.40%, with a payout ratio of 38.9%.
  • Return on equity was 11.4% and debt-to-equity 1.23.
  • Its Piotroski F-score is 7 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Oct 16, 2026.

The PNC Financial Services Group, Inc (PNC) Latest News

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stockrow.com/PNC · Data as of Oct 16, 2026 · For information only; not investment advice. · © 2026 stockrow.com