The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States.
Share Price & News
How has PNC Financial Services Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PNC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: PNC's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: PNC exceeded the US Banks industry which returned 62.7% over the past year.
Return vs Market: PNC exceeded the US Market which returned 33.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is PNC Financial Services Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StPNC Financial Services Group's (NYSE:PNC) investors will be pleased with their impressive 156% return over the last five years
2 months ago | Simply Wall StRead This Before Considering The PNC Financial Services Group, Inc. (NYSE:PNC) For Its Upcoming US$1.25 Dividend
3 months ago | Simply Wall StDid The PNC Financial Services Group, Inc. (NYSE:PNC) Insiders Sell Shares?
PNC Financial Services Group Fundamentals Summary
|PNC fundamental statistics|
Is PNC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PNC income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 15, 2021
|Earnings per share (EPS)||13.21|
|Net Profit Margin||31.56%|
How did PNC perform over the long term?See historical performance and comparison
2.6%Current Dividend Yield
Is PNC Financial Services Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PNC ($189.9) is trading below our estimate of fair value ($277.96)
Significantly Below Fair Value: PNC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PNC is poor value based on its PE Ratio (14.3x) compared to the US Banks industry average (10.8x).
PE vs Market: PNC is good value based on its PE Ratio (14.3x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: PNC is poor value based on its PEG Ratio (4.7x)
Price to Book Ratio
PB vs Industry: PNC is overvalued based on its PB Ratio (1.6x) compared to the US Banks industry average (1.1x).
How is PNC Financial Services Group forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PNC's forecast earnings growth (3% per year) is above the savings rate (2%).
Earnings vs Market: PNC's earnings (3% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: PNC's earnings are forecast to grow, but not significantly.
Revenue vs Market: PNC's revenue (5.8% per year) is forecast to grow slower than the US market (9.7% per year).
High Growth Revenue: PNC's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PNC's Return on Equity is forecast to be low in 3 years time (11.9%).
How has PNC Financial Services Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PNC has high quality earnings.
Growing Profit Margin: PNC's current net profit margins (31.6%) are higher than last year (15.3%).
Past Earnings Growth Analysis
Earnings Trend: PNC's earnings have declined by 2.1% per year over the past 5 years.
Accelerating Growth: PNC's earnings growth over the past year (178.5%) exceeds its 5-year average (-2.1% per year).
Earnings vs Industry: PNC earnings growth over the past year (178.5%) exceeded the Banks industry 36%.
Return on Equity
High ROE: PNC's Return on Equity (10.8%) is considered low.
How is PNC Financial Services Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: PNC's Assets to Equity ratio (10.1x) is moderate.
Allowance for Bad Loans: PNC has a sufficient allowance for bad loans (206%).
Low Risk Liabilities: 91% of PNC's liabilities are made up of primarily low risk sources of funding.
Loan Level: PNC has an appropriate level of Loans to Assets ratio (52%).
Low Risk Deposits: PNC's Loans to Deposits ratio (64%) is appropriate.
Level of Bad Loans: PNC has an appropriate level of bad loans (0.9%).
What is PNC Financial Services Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PNC's dividend (2.63%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: PNC's dividend (2.63%) is low compared to the top 25% of dividend payers in the US market (3.58%).
Stability and Growth of Payments
Stable Dividend: PNC's dividends per share have been stable in the past 10 years.
Growing Dividend: PNC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.8%), PNC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PNC's dividends in 3 years are forecast to be well covered by earnings (35.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bill Demchak (59 yo)
Mr. William S. Demchak, also known as Bill, is a Member & Past Chairman of Board of Allegheny Conference on Community Development. He has been the President of The PNC Financial Services Group, Inc., since...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD15.88M) is above average for companies of similar size in the US market ($USD11.33M).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
Experienced Management: PNC's management team is seasoned and experienced (7.3 years average tenure).
Experienced Board: PNC's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PNC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The PNC Financial Services Group, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: The PNC Financial Services Group, Inc.
- Ticker: PNC
- Exchange: NYSE
- Founded: 1852
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$80.706b
- Shares outstanding: 424.99m
- Website: https://www.pnc.com
Number of Employees
- The PNC Financial Services Group, Inc.
- The Tower at PNC Plaza
- 300 Fifth Avenue
- United States
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. It operates through three segments: Retail Banking, Corporate & Institutional Banking, and...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 22:49|
|End of Day Share Price||2021/09/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.