Zacks Research Has Bearish Forecast for PNC Q2 Earnings

The PNC Financial Services Group, Inc. (NYSE:PNC - Free Report) - Equities research analysts at Zacks Research dropped their Q2 2025 earnings estimates for The PNC Financial Services Group in a report issued on Tuesday, May 6th. Zacks Research analyst R. Department now anticipates that the financial services provider will earn $3.63 per share for the quarter, down from their prior estimate of $3.71. The consensus estimate for The PNC Financial Services Group's current full-year earnings is $15.37 per share. Zacks Research also issued estimates for The PNC Financial Services Group's Q3 2025 earnings at $4.03 EPS, Q4 2025 earnings at $4.14 EPS, FY2025 earnings at $15.32 EPS, Q1 2026 earnings at $4.04 EPS, Q2 2026 earnings at $4.12 EPS, Q3 2026 earnings at $4.27 EPS, Q4 2026 earnings at $4.40 EPS and FY2026 earnings at $16.82 EPS.

A number of other analysts also recently weighed in on the stock. HSBC upgraded shares of The PNC Financial Services Group from a "hold" rating to a "buy" rating and reduced their target price for the stock from $206.00 to $202.00 in a report on Monday, March 31st. Stephens reaffirmed an "equal weight" rating and issued a $200.00 price objective on shares of The PNC Financial Services Group in a research note on Friday, January 17th. Barclays cut their target price on The PNC Financial Services Group from $257.00 to $235.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Truist Financial decreased their price target on The PNC Financial Services Group from $208.00 to $189.00 and set a "hold" rating on the stock in a report on Wednesday, April 16th. Finally, Citigroup dropped their price objective on shares of The PNC Financial Services Group from $235.00 to $200.00 and set a "buy" rating for the company in a research note on Monday, March 24th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $200.88.

The PNC Financial Services Group Price Performance

PNC traded up $2.42 during trading hours on Thursday, hitting $177.42. The company's stock had a trading volume of 1,039,881 shares, compared to its average volume of 2,026,894. The stock has a market cap of $70.18 billion, a price-to-earnings ratio of 12.90, a P/E/G ratio of 1.55 and a beta of 1.06. The business's 50-day moving average price is $164.63 and its 200-day moving average price is $186.48. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.13. The PNC Financial Services Group has a 12 month low of $145.12 and a 12 month high of $216.26.

The PNC Financial Services Group (NYSE:PNC - Get Free Report) last posted its earnings results on Tuesday, April 15th. The financial services provider reported $3.51 EPS for the quarter, topping analysts' consensus estimates of $3.47 by $0.04. The company had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.50 billion. The PNC Financial Services Group had a return on equity of 11.12% and a net margin of 17.10%.

Hedge Funds Weigh In On The PNC Financial Services Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Winch Advisory Services LLC purchased a new stake in The PNC Financial Services Group in the fourth quarter valued at approximately $25,000. Richardson Financial Services Inc. lifted its stake in The PNC Financial Services Group by 2,333.3% during the 4th quarter. Richardson Financial Services Inc. now owns 146 shares of the financial services provider's stock valued at $28,000 after acquiring an additional 140 shares during the period. Albion Financial Group UT acquired a new stake in shares of The PNC Financial Services Group in the fourth quarter worth $30,000. Synergy Asset Management LLC purchased a new position in shares of The PNC Financial Services Group during the fourth quarter worth $32,000. Finally, Rialto Wealth Management LLC acquired a new position in The PNC Financial Services Group during the fourth quarter valued at $32,000. Hedge funds and other institutional investors own 83.53% of the company's stock.

Insider Activity

In related news, CEO William S. Demchak sold 1,242 shares of the company's stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $190.18, for a total transaction of $236,203.56. Following the transaction, the chief executive officer now directly owns 569,783 shares of the company's stock, valued at $108,361,330.94. This represents a 0.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Martin Pfinsgraff acquired 1,000 shares of the firm's stock in a transaction that occurred on Friday, April 25th. The stock was bought at an average cost of $158.22 per share, with a total value of $158,220.00. Following the completion of the transaction, the director now directly owns 2,009 shares in the company, valued at $317,863.98. The trade was a 99.11% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders have sold 13,662 shares of company stock worth $2,322,006. Corporate insiders own 0.41% of the company's stock.

The PNC Financial Services Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, May 5th. Stockholders of record on Wednesday, April 16th were issued a $1.60 dividend. The ex-dividend date of this dividend was Wednesday, April 16th. This represents a $6.40 annualized dividend and a dividend yield of 3.61%. The PNC Financial Services Group's dividend payout ratio is currently 45.20%.

The PNC Financial Services Group Company Profile

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.