Zacks Research Has Bullish Forecast for PNC Q1 Earnings

The PNC Financial Services Group, Inc. (NYSE:PNC - Free Report) - Equities research analysts at Zacks Research raised their Q1 2025 EPS estimates for shares of The PNC Financial Services Group in a note issued to investors on Wednesday, February 5th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $3.47 per share for the quarter, up from their previous estimate of $3.28. The consensus estimate for The PNC Financial Services Group's current full-year earnings is $15.30 per share. Zacks Research also issued estimates for The PNC Financial Services Group's Q2 2025 earnings at $3.71 EPS, Q3 2025 earnings at $3.98 EPS, Q4 2025 earnings at $4.13 EPS, FY2025 earnings at $15.29 EPS, Q1 2026 earnings at $4.21 EPS, Q2 2026 earnings at $4.27 EPS and FY2027 earnings at $17.82 EPS.

The PNC Financial Services Group (NYSE:PNC - Get Free Report) last announced its quarterly earnings results on Thursday, January 16th. The financial services provider reported $3.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.26 by $0.51. The company had revenue of $5.57 billion for the quarter, compared to analyst estimates of $5.51 billion. The PNC Financial Services Group had a net margin of 17.10% and a return on equity of 11.12%. The firm's revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the firm posted $3.16 EPS.

Several other equities research analysts have also issued reports on PNC. Stephens reaffirmed an "equal weight" rating and set a $200.00 price target on shares of The PNC Financial Services Group in a report on Friday, January 17th. Barclays boosted their target price on shares of The PNC Financial Services Group from $229.00 to $257.00 and gave the stock an "overweight" rating in a report on Monday, January 6th. Keefe, Bruyette & Woods boosted their target price on shares of The PNC Financial Services Group from $180.00 to $182.00 and gave the stock an "underperform" rating in a report on Wednesday, October 16th. Citigroup boosted their target price on shares of The PNC Financial Services Group from $200.00 to $235.00 and gave the stock a "buy" rating in a report on Monday, November 25th. Finally, The Goldman Sachs Group boosted their target price on shares of The PNC Financial Services Group from $190.00 to $210.00 and gave the stock a "neutral" rating in a report on Friday, December 6th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $205.00.

The PNC Financial Services Group Price Performance

Shares of The PNC Financial Services Group stock traded down $0.36 during midday trading on Monday, hitting $195.23. 1,883,544 shares of the company traded hands, compared to its average volume of 2,224,046. The stock has a market cap of $77.46 billion, a price-to-earnings ratio of 14.20, a PEG ratio of 1.64 and a beta of 1.16. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.81 and a current ratio of 0.81. The firm's fifty day moving average price is $197.68 and its 200-day moving average price is $190.90. The PNC Financial Services Group has a 12 month low of $139.69 and a 12 month high of $216.26.

The PNC Financial Services Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 5th. Shareholders of record on Wednesday, January 15th were issued a dividend of $1.60 per share. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $6.40 annualized dividend and a yield of 3.28%. The PNC Financial Services Group's payout ratio is 46.55%.

Insiders Place Their Bets

In other The PNC Financial Services Group news, CEO William S. Demchak sold 1,242 shares of the company's stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $205.98, for a total transaction of $255,827.16. Following the transaction, the chief executive officer now owns 535,007 shares in the company, valued at approximately $110,200,741.86. This represents a 0.23 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders have sold 14,904 shares of company stock worth $2,989,034. Insiders own 0.42% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of PNC. Norges Bank bought a new stake in shares of The PNC Financial Services Group in the 4th quarter worth $1,352,151,000. Schroder Investment Management Group grew its stake in shares of The PNC Financial Services Group by 166.1% in the 4th quarter. Schroder Investment Management Group now owns 1,378,675 shares of the financial services provider's stock worth $265,436,000 after acquiring an additional 860,554 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of The PNC Financial Services Group by 10.7% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 7,538,310 shares of the financial services provider's stock worth $1,453,763,000 after acquiring an additional 726,115 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of The PNC Financial Services Group by 22.5% in the 4th quarter. Bank of New York Mellon Corp now owns 3,870,548 shares of the financial services provider's stock worth $746,435,000 after acquiring an additional 710,311 shares in the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of The PNC Financial Services Group by 5.3% in the 4th quarter. Franklin Resources Inc. now owns 10,835,480 shares of the financial services provider's stock worth $2,089,622,000 after acquiring an additional 549,278 shares in the last quarter. Institutional investors and hedge funds own 83.53% of the company's stock.

About The PNC Financial Services Group

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.