📈 Price History

Ratio Health

— Excellent

— Good

— Average

— Poor

By Category

📊 Sector Averages

About

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 Asset Management Group segments. The Retail Banking segment offers checking, savings, and money market accounts, and time 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, digital channels, ATMs, and through phone-based customer contact centers. The Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, and equipment leases; cash and investment management, receivables and disbursement management, funds transfer, international payment, and access to online/mobile information management and reporting services; asset-backed financing, securities underwriting, loan syndications, mergers and acquisitions and equity capital markets advisory, and customer related services; and commercial loan servicing and technology solutions. It serves mid-sized and large corporations, and government and not-for-profit entities. The 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. It also offers outsourced chief investment officer, custody, cash and fixed income client solutions, and retirement plan fiduciary investment services for institutional clients. The company was founded in 1865 and is headquartered in Pittsburgh, Pennsylvania.

Key Ratios Snapshot

📈 Growth Pattern

⚡ Latest Quarter —

See full financials →

📊 Quick Scorecard

Loading…

⭐ Superinvestors Holding PNC

View All Superinvestors →

Manager	Shares	Value	% of Fund	Period
Andreas Halvorsen Viking Global Investors	3.03M	$629.9M	1.76%	Mar 2026
Steve Cohen Point72 Asset Management	257.1K	$53.5M	0.07%	Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔍 Concall Decoded

🎙 Management Tone Tracker Confident Specific → Stable 5 quarters analysed

Q2 2025

Confident Specific

Management uses direct language like 'very strong second quarter,' 'accelerated new customer acquisition,' and 'delivered on what we said we would.' They provide specific figures (e.g., loan growth 2%, NII up 7% guidance) and raise full-year guidance, reinforcing a self-assured and data-backed tone.

Q3 2025

Confident Specific

Management consistently used positive language like 'excellent quarter', 'impressive performance', 'record revenue and PPNR', and provided specific guidance ranges for NII, fees, expenses, and charge-offs. They directly addressed NIM compression by explaining deposit mix effects and reaffirmed 2026 NII growth trajectory.

Q4 2025

Confident Specific

Management used strong positive language such as 'successful year', 'record revenue', '5% operating leverage', '21% EPS growth', and provided specific numerical guidance for 2026 including 8% loan growth, 14% NII growth, and 400bps positive operating leverage.

Q1 2026

Confident Specific

Management repeatedly used phrases like 'really strong start', 'solid financial performance', and 'strong momentum'. They provided specific figures (loan growth 7%, NIM 2.95%, fee income up 13% YoY) and directly addressed market concerns about NDFI exposure, stating 'we don't see any loss content in this book' and 'expect zero losses going forward'. The tone is assertive and data-driven.

Q2 2026 latest

Confident Specific

Bill opened with 'impressive second quarter', cited $4.81/$4.85 EPS, 4% loan growth, 20% YoY fee growth, 'record M&A advisory fees' and fourth straight year of lowest peer capital depletion; management gave precise FY26 guidance raises (NII +15-15.5%, loans +12.5%) and reaffirmed prior targets (3%+ NIM, 18% ROTCE exit rate, $350M cost savings).

Guidance Reliability Pending · <3Q data

Investor Lens

The investment thesis is stronger after this call: loan growth surprised to the upside ($12B, entirely C&I and broad-based), fee growth was exceptional and diversified, and management raised full-year revenue guidance while increasing the dividend 18%. The key tension is that the NIM stayed at 2.96% despite strong growth because new loans are concentrated in high-credit-quality, lower-spread names — management argues EPS accretion matters more than NIM optics, and reaffirmed 3%+ NIM by year-end. Watch next quarter for: whether NIM actually crosses 3%, the deposit-rate trajectory (management expects rates paid to drift back toward Q1 levels), sustainability of loan growth at roughly GDP pace, and whether the expected ~20% QoQ pullback in capital markets revenue is just deal-timing rather than a softening M&A pipeline.

AI-generated concall tone analysis · Updated 2026-08-14 · Not investment advice

🔒

Premium Feature

AI-generated 10-section company profile — business model, financials, strengths, risks & management quality

Upgrade to Premium

Already a member? Log in

📐

3-Statement Financial Model

Bear / Base / Bull projections · DCF fair value · Reverse-DCF

Open Model →

🎙 Management Tone Confident Specific → Stable 5 quarters Full tone analysis in Intelligence →

Good quarter Investor Presentation One-Pager? Q2 2026

Revenue

$6.9B

+21% YoY

PPNR (non-GAAP)

$2.8B

+22% YoY

Net Income

$2.1B

+25% YoY

Diluted EPS

$4.81

+25% YoY

What Went Right

Broad-based fee income grew 10% linked quarter and 20% YoY, with record M&A advisory fees lifting capital markets revenue 25% QoQ.
NII rose 4% linked quarter to $4.1B and NIM improved 1bp to 2.96%; average commercial loans grew $12.3B, or 4%, in Q2.
Board raised quarterly dividend 18% to $2.00 per share; CET1 remained strong at 9.9% with $1.3B returned to shareholders.

What to Watch

Q3 fee income is guided down 5%-5.5% QoQ as elevated Q2 capital markets activity normalizes (capital markets ~down 20%).
Management noted higher-quality, lower-spread commercial loans dilute NIM, even though they are accretive to EPS.
Rate paid on interest-bearing deposits is expected to drift back up toward Q1 levels; FirstBank conversion also caused heavier-than-expected branch traffic.

Management Guidance

Q3: average loans +1%-2% QoQ, NII +3%-3.5%, fee income -5% to -5.5%, other noninterest income $150M-$200M.
Q3: adjusted noninterest expense -2% to -3%, ~$50M integration costs, net charge-offs ~$225M.
FY26: loan growth ~12.5%, NII +15%-15.5%, noninterest income ~+9%, total revenue ~+13%, noninterest expense ~+8.5%, tax rate ~19.5%.

Investor Lens

The thesis is stronger: PNC delivered a broad-based beat with record revenue, strong fee growth and continued share gains, while maintaining capital flexibility. Management also reaffirmed key targets — NIM above 3% in 2H26, 18% ROTCE exit rate and CET1 around 10%. Stock may be weighed by near-term NIM optics and Q3 fee guidance, but the core earnings engine and payout trajectory remain compelling.

From investor presentation · AI-generated analysis · Not investment advice

🔒

Premium Feature

Investor Presentation One-Pager — quarterly highlights, what went right/wrong & management guidance

Upgrade to Premium

Already a member? Log in

📈 STRONG Strong quarter with $4.85 adjusted EPS and record NII/fee income.

Revenue

Total revenue reached $6.875B, up 21% YoY, driven by NII of $4.107B (+4% QoQ) and broad-based fee income growth of 10% linked/20% YoY. Other noninterest income included $218M net of integration costs and significant items.

Profitability

Net income was $2.1B, up 25% YoY, with diluted EPS of $4.81 ($4.85 adjusted). PPNR grew 16% linked quarter and 22% YoY as operating leverage turned positive 3%.

Margins

NIM expanded 1bp to 2.96%; efficiency ratio improved to 60% from 61% in Q1. ROTCE was 17.9%, ahead of the 18% target trajectory, supported by disciplined expense management and $350M planned cost saves.

Balance Sheet

Average loans grew 4% to $363.2B, nearly all in C&I; average deposits were stable at $457B with noninterest-bearing deposits up 4%. Borrowings rose $16B to $79B reflect FHLB funding, while CET1 was 9.9% and tangible book value increased 2% to $111.09.

Key Risks

Management flagged a Q3 fee income pullback of 5%-5.5% due to capital markets normalization, plus possible drift higher in deposit rates. Lower-spread loan growth and FirstBank integration costs remain watch items, but credit quality is strong with NPLs down 10% and NCOs at 0.25%.

Outlook

For Q3, PNC expects loan growth of +1%-2%, NII growth of +3%-3.5% and adjusted expense decline of 2%-3%. Full-year guidance implies ~12.5% loan growth, +15%-15.5% NII growth, and +13% total revenue growth.

Generated by AI · Q2 2026 results · Not investment advice

🔒

Free Account Required

Create a free Finmagine account to access Finmagine™ Scorecard.

See how this company scores across 5 dimensions — Financial Health, Growth Prospects, Competitive Position, Management Quality, and Valuation — powered by 30+ computed ratios.

Create Free Account Log In

🔒

Premium Feature

Upgrade to Finmagine Premium to unlock Ask AI.

Get 25 expert AI analysis templates — Business KPIs, Comprehensive, Forensic Governance, Peer Comparison, Risk-Reward, Full Research Report, IPO Decoder, Red Flag Detector, and more — ready to paste into ChatGPT, Claude, Gemini, or Perplexity.

Upgrade to Premium Create Free Account

🔒

Premium Feature

Upgrade to Finmagine Premium to unlock Peer Comparison.

Compare this company side-by-side against its sector peers with financial metrics, ratio benchmarking, and relative performance across all key dimensions.

Upgrade to Premium Create Free Account

✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter

🔍

🔎 See cross-company document search → ?

📞 Earnings Call Transcripts (5)

Q2 2026 Q2 2026 2026-07-15

Q2 2026 net income reached $2.1 billion with strong loan and fee growth, broad-based business momentum, and robust credit quality. Guidance calls for double-digit loan and revenue growth for the full year, with capital markets and CRE segments contributing significantly.

Q1 2026 Q1 2026 2026-04-15

Strong Q1 2026 results featured robust loan growth, higher net interest margin, and solid credit quality, boosted by the FirstBank acquisition. Guidance calls for double-digit loan and revenue growth for 2026, with continued capital returns and stable deposit costs expected.

Q4 2025 Q4 2025 2026-01-16

Reported $7B net income and 21% EPS growth for 2025, with record revenue and strong loan growth. Closed FirstBank acquisition, guiding for 8% loan growth and 11% revenue growth in 2026, with robust capital returns and tech investment planned.

Q3 2025 Q3 2025 2025-10-15

Q3 delivered record revenue, strong loan and deposit growth, and robust credit quality. NII and fee income rose, with positive operating leverage and a solid outlook for 2025–2026. The FirstBank acquisition will expand the branch network and market share.

Q2 2025 Q2 2025 2025-07-16

Second quarter results showed strong net income, loan growth, and positive operating leverage, with robust performance across commercial, retail, and asset management segments. Guidance for 2025 was raised for net interest income and loans, while capital and credit quality remain strong.

🔒

Premium Feature

Upgrade to Finmagine Premium to unlock Catalyst Timeline.

Every result, order win, insider trade, ECS update, earnings-call, and SEC announcement for this company — in one chronological lane.

Upgrade to Premium Create Free Account

🔒

Premium Feature

Upgrade to Finmagine Premium to unlock Full Report.

Read the complete Finmagine™ investment research report — comprehensive fundamental analysis, business model assessment, competitive positioning, and investment recommendation.

Upgrade to Premium Create Free Account

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯

Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.

📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Not SEC-Registered:
Finmagine is not registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. Nothing on this platform constitutes investment advice as defined under the Investment Advisers Act of 1940.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This analysis may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. Finmagine does not undertake any obligation to update such statements in the future.

Limitation of Liability:
The content is provided "as is" without any warranties, express or implied. Finmagine expressly disclaims any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.