- Previous Close
168.30 - Open
167.50 - Bid 168.77 x 800
- Ask 169.45 x 900
- Day's Range
167.17 - 169.68 - 52 Week Range
109.40 - 169.68 - Volume
2,431,658 - Avg. Volume
1,602,440 - Market Cap (intraday)
67.071B - Beta (5Y Monthly) 1.14
- PE Ratio (TTM)
14.14 - EPS (TTM)
11.92 - Earnings Date Jul 16, 2024
- Forward Dividend & Yield 6.40 (3.80%)
- Ex-Dividend Date Jul 15, 2024
- 1y Target Est
170.37
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 company's Retail Banking segment offers checking, savings, and money market accounts, as well as 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. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, and equipment leases; cash and investment management services, receivables and disbursement management services, funds transfer services, international payment services, and access to online/mobile information management and reporting; securities underwriting, loan syndications, customer-related trading, and mergers and acquisitions and equity capital markets advisory related services; and commercial loan servicing and technology solutions. It serves mid-sized and large corporations, and government and not-for-profit entities. The company's 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 for ultra high net worth individuals and their families. It also provides outsourced chief investment officer, custody, private real estate, cash and fixed income client solutions, and retirement plan fiduciary investment services for institutional clients. The company was founded in 1852 and is headquartered in Pittsburgh, Pennsylvania.
www.pnc.com54,441
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: PNC
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Performance Overview: PNC
Trailing total returns as of 7/12/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: PNC
View MoreValuation Measures
Market Cap
67.07B
Enterprise Value
--
Trailing P/E
14.15
Forward P/E
13.59
PEG Ratio (5yr expected)
3.88
Price/Sales (ttm)
3.20
Price/Book (mrq)
1.31
Enterprise Value/Revenue
6.63
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
25.68%
Return on Assets (ttm)
0.94%
Return on Equity (ttm)
10.55%
Revenue (ttm)
20.37B
Net Income Avi to Common (ttm)
4.77B
Diluted EPS (ttm)
11.92
Balance Sheet and Cash Flow
Total Cash (mrq)
61.82B
Total Debt/Equity (mrq)
--
Levered Free Cash Flow (ttm)
--
Research Analysis: PNC
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Research Reports: PNC
View MorePNC Earnings: Expenses Are Well-Managed; Net Interest Income Will Worsen Before Seeing Improvement
PNC Financial Services Group is a diversified financial services company offering retail banking, corporate and institutional banking, asset management, and residential mortgage banking across the United States.
RatingPrice TargetLarge Cap US Pick List - June 2024
This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.
Large Cap US Pick List - May 2024
This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.
Argus Quick Note: Weekly Stock List for 04/22/2024: Leaning Into Higher Rates
The cold hard message is sinking in. Higher rates are here to stay for longer than expected. Federal Reserve Chairman Jerome Powell has said multiple times that the Fed will be 'data-driven' when deciding on monetary policy. And the data has spoken. First, let's look at inflation. There has been great progress made in knocking inflation down from its peak of 9.1% in June of 2022. But achieving progress at the current lower levels, with inflation in the low-3% range, as expected, has been difficult. The Fed has been specific, saying inflation needs to be at 2% before restrictive policy will be eased. The Fed was patient after the January inflation data, and again with February data. But when March showed persistently higher prices, the Fed threw came right out and said that change can wait. Chairman Powell said the following last week. "The recent data have clearly not given us greater confidence..." and "If higher inflation does persist, we can maintain the current level of restriction for as long as needed." Now let's consider unemployment. The Fed again has been specific. Officials are looking for a 4.1% unemployment rate to gently (hopefully) slow the economy. Currently, the rate is not budging and is vacillating between 3.8% and 3.9%. Given the current macroeconomic backdrop, the following is a list of industries and companies we like that should benefit from a sustained period of higher interest rates. All are BUY-rated at Argus.