The PNC Financial Services Group (NYSE:PNC) Posts Earnings Results, Beats Expectations By $0.04 EPS

The PNC Financial Services Group (NYSE:PNC) released its earnings results on Tuesday. The financial services provider reported $3.51 EPS for the quarter, beating the consensus estimate of $3.47 by $0.04, Zacks reports. The PNC Financial Services Group had a net margin of 17.10% and a return on equity of 11.12%. The PNC Financial Services Group updated its Q2 2025 guidance to EPS and its FY 2025 guidance to EPS.

The PNC Financial Services Group Stock Performance

Shares of PNC stock opened at $154.91 on Tuesday. The PNC Financial Services Group has a 12 month low of $143.52 and a 12 month high of $216.26. 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 company’s fifty day moving average price is $177.42 and its 200-day moving average price is $190.02. The stock has a market cap of $61.31 billion, a PE ratio of 11.27, a price-to-earnings-growth ratio of 1.55 and a beta of 1.04.

The PNC Financial Services Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Shareholders of record on Wednesday, April 16th will be issued a $1.60 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $6.40 dividend on an annualized basis and a yield of 4.13%. The PNC Financial Services Group’s dividend payout ratio (DPR) is 46.55%.

Insiders Place Their Bets

In related news, CEO William S. Demchak sold 601 shares of the firm’s stock in a transaction that occurred on Wednesday, April 9th. The stock was sold at an average price of $160.00, for a total transaction of $96,160.00. Following the completion of the transaction, the chief executive officer now owns 563,573 shares of the company’s stock, valued at $90,171,680. This trade represents a 0.11 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last quarter, insiders have sold 13,061 shares of company stock worth $2,373,424. 0.41% of the stock is currently owned by company insiders.

Hedge Funds 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 4th quarter, according to its most recent filing with the SEC. The firm owned 4,041 shares of the financial services provider’s stock after acquiring an additional 984 shares during the period. Brighton Jones LLC’s holdings in The PNC Financial Services Group were worth $779,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 83.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Truist Financial reduced their price objective on The PNC Financial Services Group from $216.00 to $208.00 and set a “hold” rating on the stock in a research note on Friday, April 4th. Citigroup decreased their price target on The PNC Financial Services Group from $235.00 to $200.00 and set a “buy” rating on the stock in a research note on Monday, March 24th. Barclays increased their price objective on The PNC Financial Services Group from $229.00 to $257.00 and gave the company an “overweight” rating in a research note on Monday, January 6th. The Goldman Sachs Group decreased their target price on shares of The PNC Financial Services Group from $211.00 to $188.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 19th. Finally, Wells Fargo & Company dropped their price target on shares of The PNC Financial Services Group from $235.00 to $230.00 and set an “overweight” rating for the company in a research report on Friday, March 28th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $203.47.

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.