Zacks Research Analysts Raise Earnings Estimates for PNC

The PNC Financial Services Group, Inc (NYSE:PNC) – Stock analysts at Zacks Research lifted their Q1 2026 earnings per share estimates for shares of The PNC Financial Services Group in a research report issued on Tuesday, November 11th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings per share of $4.00 for the quarter, up from their prior forecast of $3.99. 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 Q2 2026 earnings at $4.19 EPS, Q3 2026 earnings at $4.39 EPS, Q4 2026 earnings at $4.40 EPS, FY2026 earnings at $16.98 EPS, Q1 2027 earnings at $4.43 EPS, Q2 2027 earnings at $4.54 EPS, Q3 2027 earnings at $4.48 EPS and FY2027 earnings at $17.96 EPS.

The PNC Financial Services Group (NYSE:PNC) last announced its quarterly earnings results on Wednesday, October 15th. The financial services provider reported $4.35 earnings per share for the quarter, beating the consensus estimate of $4.05 by $0.30. The PNC Financial Services Group had a net margin of 19.30% and a return on equity of 11.47%. The firm had revenue of $5.92 billion for the quarter, compared to analysts’ expectations of $5.82 billion. During the same quarter in the previous year, the company posted $3.49 EPS. The company’s revenue was up 8.9% compared to the same quarter last year.

Other analysts also recently issued research reports about the stock. Piper Sandler upgraded shares of The PNC Financial Services Group from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $211.00 to $220.00 in a report on Thursday, October 9th. Citigroup raised their target price on The PNC Financial Services Group from $217.00 to $230.00 and gave the stock a “buy” rating in a research note on Tuesday, September 23rd. Raymond James Financial upped their price target on The PNC Financial Services Group from $220.00 to $225.00 and gave the company an “outperform” rating in a research note on Friday, September 19th. UBS Group raised their price objective on The PNC Financial Services Group from $224.00 to $229.00 and gave the stock a “buy” rating in a research report on Tuesday, October 7th. Finally, Wall Street Zen upgraded shares of The PNC Financial Services Group from a “sell” rating to a “hold” rating in a report on Friday, July 18th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $218.47.

The PNC Financial Services Group Price Performance

Shares of PNC stock opened at $183.96 on Wednesday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.81 and a quick ratio of 0.81. The company has a market capitalization of $72.14 billion, a PE ratio of 11.88, a price-to-earnings-growth ratio of 1.26 and a beta of 1.12. The firm’s 50-day moving average is $192.10 and its two-hundred day moving average is $187.68. The PNC Financial Services Group has a 12 month low of $145.12 and a 12 month high of $216.26.

Hedge Funds Weigh In On The PNC Financial Services Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Pathstone Holdings LLC grew its stake in shares of The PNC Financial Services Group by 3.5% in the third quarter. Pathstone Holdings LLC now owns 77,943 shares of the financial services provider’s stock worth $15,661,000 after acquiring an additional 2,652 shares in the last quarter. Eisler Capital Management Ltd. purchased a new position in The PNC Financial Services Group in the third quarter valued at $217,000. Legacy Advisors LLC acquired a new position in The PNC Financial Services Group during the 3rd quarter worth $1,790,000. GeoWealth Management LLC increased its holdings in The PNC Financial Services Group by 6.3% during the 3rd quarter. GeoWealth Management LLC now owns 3,932 shares of the financial services provider’s stock worth $790,000 after purchasing an additional 232 shares during the period. Finally, Rehmann Capital Advisory Group acquired a new stake in The PNC Financial Services Group in the 3rd quarter valued at about $207,000. Hedge funds and other institutional investors own 83.53% of the company’s stock.

Insider Transactions at The PNC Financial Services Group

In other The PNC Financial Services Group news, EVP Guild Deborah sold 1,080 shares of The PNC Financial Services Group stock in a transaction dated Friday, October 24th. The stock was sold at an average price of $186.97, for a total value of $201,927.60. Following the completion of the transaction, the executive vice president directly owned 27,335 shares of the company’s stock, valued at $5,110,824.95. The trade was a 3.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Michael Duane Thomas sold 1,000 shares of the business’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $183.57, for a total transaction of $183,570.00. Following the sale, the executive vice president owned 5,802 shares in the company, valued at $1,065,073.14. This trade represents a 14.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,151 shares of company stock valued at $400,092 over the last 90 days. 0.41% of the stock is currently owned by company insiders.

The PNC Financial Services Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 5th. Investors of record on Tuesday, October 14th were issued a dividend of $1.70 per share. This represents a $6.80 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Tuesday, October 14th. The PNC Financial Services Group’s dividend payout ratio (DPR) is 43.93%.

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.