The PNC Financial Services Group (NYSE:PNC) Releases Quarterly Earnings Results, Beats Expectations By $0.26 EPS

The PNC Financial Services Group (NYSE:PNC) released its quarterly earnings data on Wednesday. The financial services provider reported $3.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.59 by $0.26, Zacks reports. The PNC Financial Services Group had a net margin of 17.68% and a return on equity of 10.95%. The PNC Financial Services Group updated its Q3 2025 guidance to EPS and its FY 2025 guidance to EPS.

The PNC Financial Services Group Trading Down 2.7%

Shares of PNC opened at $192.14 on Wednesday. The company’s fifty day simple moving average is $180.60 and its 200-day simple moving average is $180.15. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.08. The company has a market cap of $76.00 billion, a P/E ratio of 13.57, a P/E/G ratio of 1.56 and a beta of 1.07. The PNC Financial Services Group has a twelve month low of $145.12 and a twelve month high of $216.26.

The PNC Financial Services Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 5th. Stockholders of record on Tuesday, July 15th will be paid a $1.70 dividend. The ex-dividend date is Tuesday, July 15th. This represents a $6.80 annualized dividend and a dividend yield of 3.54%. This is an increase from The PNC Financial Services Group’s previous quarterly dividend of $1.60. The PNC Financial Services Group’s dividend payout ratio is currently 48.02%.

Insider Transactions at The PNC Financial Services Group

In other news, CEO William S. Demchak sold 1,242 shares of the company’s stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $169.75, for a total value of $210,829.50. Following the completion of the sale, the chief executive officer owned 554,879 shares of the company’s stock, valued at approximately $94,190,710.25. This represents a 0.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Martin Pfinsgraff bought 1,000 shares of the firm’s stock in a transaction that occurred on Friday, April 25th. The shares were purchased at an average cost of $158.22 per share, with a total value of $158,220.00. Following the transaction, the director directly owned 2,009 shares of the company’s stock, 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 9,545 shares of company stock worth $1,590,080. Insiders own 0.41% of the company’s stock.

Institutional Investors Weigh In On The PNC Financial Services Group

A hedge fund recently raised its stake in The PNC Financial Services Group stock. Brighton Jones LLC raised its stake in shares of The PNC Financial Services Group, Inc (NYSE:PNC) by 32.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,041 shares of the financial services provider’s stock after purchasing an additional 984 shares during the quarter. Brighton Jones LLC’s holdings in The PNC Financial Services Group were worth $779,000 at the end of the most recent reporting period. 83.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

PNC has been the topic of several recent analyst reports. The Goldman Sachs Group lifted their price objective on shares of The PNC Financial Services Group from $178.00 to $196.00 and gave the company a “neutral” rating in a research report on Wednesday, July 2nd. Wells Fargo & Company decreased their price target on shares of The PNC Financial Services Group from $235.00 to $230.00 and set an “overweight” rating on the stock in a research note on Friday, March 28th. Keefe, Bruyette & Woods raised shares of The PNC Financial Services Group from an “underperform” rating to a “market perform” rating and upped their price target for the company from $185.00 to $212.00 in a research note on Wednesday, July 9th. TD Cowen began coverage on shares of The PNC Financial Services Group in a research note on Thursday, May 15th. They set a “buy” rating and a $233.00 price target on the stock. Finally, HSBC raised shares of The PNC Financial Services Group from a “hold” rating to a “buy” rating and decreased their price target for the company from $206.00 to $202.00 in a research note on Monday, March 31st. One research analyst has rated the stock with a sell rating, seven have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $209.11.

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.