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PNC Financial Services Group Inc Stock Research

PNC

124.15USD+2.02(+1.65%)Market Closed

Market Summary

USD124.15+2.02
Market Closed
1.65%

PNC Alerts

PNC Stock Price

PNC RSI Chart

PNC Valuation

Market Cap

50.9B

Price/Earnings (Trailing)

8.33

Price/Sales (Trailing)

2.41

EV/EBITDA

2.07

Price/Free Cashflow

5.6

PNC Price/Sales (Trailing)

PNC Profitability

EBT Margin

35.38%

Return on Equity

13.35%

Return on Assets

1.1%

Free Cashflow Yield

17.84%

PNC Fundamentals

PNC Revenue

Revenue (TTM)

21.1B

Revenue Y/Y

12.4%

Revenue Q/Q

3.86%

PNC Earnings

Earnings (TTM)

6.1B

Earnings Y/Y

18.53%

Earnings Q/Q

-5.61%

Price Action

52 Week Range

119.27193.59
(Low)(High)

Last 7 days

-4.6%

Last 30 days

-20.6%

Last 90 days

-19.9%

Trailing 12 Months

-34.0%

PNC Financial Health

PNC Investor Care

Buy Backs (1Y)

3.76%

Diluted EPS (TTM)

13.85

Peers (Alternatives to PNC Financial Services Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
JPM
369.9B
128.7B
 -9.85% -8.96%
9.82
2.87
 5.79% -22.05%
BAC
217.0B
95.0B
 -20.85% -35.83%
7.88
2.29
 6.55% -13.92%
WFC
137.5B
54.0B
 -21.26% -28.08%
10.43
2.55
 36.10% -38.82%
USB
52.4B
17.9B
 -26.59% -35.86%
8.99
2.92
 33.05% -26.85%
PNC
50.9B
21.1B
 -20.57% -33.97%
8.33
2.41
 9.94% 6.78%
FHN
9.0B
2.7B
 -32.58% -27.06%
9.98
3.35
 24.33% -9.91%
MID-CAP
BOKF
6.5B
1.4B
 -17.57% -11.29%
12.44
4.65
 17.98% -15.83%
CFR
6.4B
1.5B
 -21.33% -29.27%
11.11
4.36
 46.29% 30.71%
ZION
4.2B
2.7B
 -42.72% -57.89%
4.63
1.55
 19.32% -19.66%
PNFP
4.1B
1.4B
 -26.94% -42.41%
7.4
3.02
 33.23% 6.34%
SMALL-CAP
PRK
2.0B
378.2M
 -3.47% -4.03%
13.45
5.28
 19.24% -3.63%
TRMK
1.5B
541.8M
 -14.93% -16.80%
21.46
2.85
 22.45% -51.22%
WABC
1.2B
221.8M
 -17.39% -21.75%
10.21
5.62
 27.86% 41.07%
HOPE
1.2B
716.1M
 -20.51% -35.13%
5.6
1.71
 26.40% 6.70%

Financials for PNC Financial Services Group

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue3.1%21,12020,48420,13219,68319,211
EBITDA2.7%21,13820,59220,12119,405-
EBITDA Margin-0.4%1.00*1.01*1.00*0.99*-
Earnings Before Taxes3.0%7,4737,2557,0406,5196,988
EBT Margin-0.1%0.35*0.35*0.35*0.33*-
Interest Expenses6.7%13,01412,19211,57311,10310,647
Net Income4.1%6,1135,8715,7215,3285,725
Net Income Margin1.0%0.29*0.29*0.28*0.27*-
Free Cahsflow6.5%9,0838,5316,6625,445-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-0.4%557,263559,477540,786541,246557,191
    Cash Equivalents7.6%7,0436,5488,5827,5728,004
  Goodwill0%10,98710,98710,91610,91610,916
Liabilities-0.3%511,451512,754493,098492,030501,465
Shareholder's Equity-2.0%45,77446,68847,68849,21655,695
  Retained Earnings1.5%53,57252,77751,84151,05850,228
  Additional Paid-In Capital-7.2%18,37619,81018,53117,48717,457
Shares Outstanding-1.0%410414420--
Minority Interest8.6%38.0035.0036.0035.0031.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations6.5%9,0838,5316,6625,4457,214
Cashflow From Investing31.9%-13,428-19,7305,27215,984-2,795
Cashflow From Financing-62.0%3,3848,904-12,076-21,312-3,432
  Dividend Payments3.4%2,3912,3122,2282,0942,056
  Buy Backs0.4%3,7313,7163,0882,2921,079

Risks for PNC

What is the probability of a big loss on PNC?

63.5%

Probability that PNC Financial Services Group stock will be more than 20% underwater in next one year

35.8%

Probability that PNC Financial Services Group stock will be more than 30% underwater in next one year.

18.5%

Probability that PNC Financial Services Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PNC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if PNC Financial Services Group was unfortunately bought at previous high price.

Drawdowns

Returns for PNC

Cumulative Returns on PNC

9.3%

10-Year Cumulative Returns

8.6%

7-Year Cumulative Returns

-0.4%

5-Year Cumulative Returns

14.7%

3-Year Cumulative Returns

What are the long-term rolling returns for PNC?

FIve years rolling returns for PNC Financial Services Group.

Annualized Returns

Which funds bought or sold PNC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
added
0.96
134,833
2,175,830
 0.06%
2023-03-10
MATHER GROUP, LLC.
sold off
-100
-327,000
-
 -%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-6.38
-701,394
66,760,600
 0.07%
2023-03-08
Capital Asset Advisory Services LLC
added
29.69
260,863
920,863
 0.07%
2023-03-07
Great Lakes Retirement, Inc.
new
-
1,228,710
1,228,710
 0.31%
2023-03-06
Rockefeller Capital Management L.P.
added
73.81
9,200,000
20,187,000
 0.10%
2023-03-03
TIAA, FSB
reduced
-6.74
-32,773
2,261,230
 0.01%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
reduced
-7.63
-785
17,215
 0.01%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
550,737
550,737
 0.01%
2023-03-01
Regal Investment Advisors LLC
reduced
-18.17
-56,421
363,579
 0.04%

1–10 of 48

Latest Funds Activity

Are funds buying PNC calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own PNC
No. of Funds

PNC Alerts

PNC Financial Services Group News

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Arlington Financial Advisors LLC Acquires New Position in iShares ....

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13 hours ago

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Wesbanco Bank Inc. Purchases Shares of 5785 EMCOR Group, Inc ....

MarketBeat,
13 hours ago

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28000 Shares in Royalty Pharma plc (NASDAQ:RPRX) Acquired by ....

MarketBeat,
13 hours ago

MarketBeat

Congress Asset Management Co. MA Acquires 8108 Shares of ....

MarketBeat,
14 hours ago

MarketBeat

21486 Shares in The PNC Financial Services Group, Inc. (NYSE ....

MarketBeat,
14 hours ago

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Ronald Blue Trust Inc. Has $245000 Stake in Webster Financial Co ....

MarketBeat,
15 hours ago

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Merit Financial Group LLC Makes New $262000 Investment in ....

MarketBeat,
15 hours ago

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Assenagon Asset Management S.A. Sells 38121 Shares of ....

MarketBeat,
16 hours ago

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Coldstream Capital Management Inc. Takes $202000 Position in ....

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16 hours ago

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16 hours ago

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Synaptics Incorporated (NASDAQ:SYNA) Shares Sold by Bank of ....

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16 hours ago

Schedule 13G FIlings of PNC Financial Services Group

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
blackrock inc.
7.3%
29,621,892
SC 13G/A
Feb 09, 2023
vanguard group inc
9.27%
37,402,648
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
4.7%
20,119,935
SC 13G/A
Feb 10, 2022
vanguard group inc
8.74%
36,927,929
SC 13G/A
Feb 01, 2022
blackrock inc.
7.1%
29,974,459
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
6.2%
26,391,754
SC 13G
Feb 10, 2021
vanguard group inc
7.92%
33,546,895
SC 13G/A
Feb 04, 2021
wellington management group llp
3.33%
14,091,462
SC 13G/A
Jan 29, 2021
blackrock inc.
6.3%
26,683,701
SC 13G/A
Feb 14, 2020
capital world investors
4.5%
20,094,883
SC 13G/A

PNC Fair Value

PNC Financial Services Group fair value in different scenarios

The table shows the Fair Value estimates for PNC Financial Services Group for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

-

-

-

-

-

-

-

-

-

-
Current Inflation

103.17

-16.90%

130.22

4.89%

199.98

61.08%

252.08

103.04%

305.45

146.03%
Very High Inflation

-

-

-

-

-

-

-

-

-

-

Historical PNC Financial Services Group Fair Value Estimates

Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of PNC Financial Services Group

View All Filings
Date Filed Form Type Document
Mar 16, 2023
4
Insider Trading
Mar 16, 2023
4
Insider Trading
Mar 15, 2023
DEF 14A
DEF 14A
Mar 15, 2023
DEFA14A
DEFA14A
Mar 14, 2023
4
Insider Trading
Mar 01, 2023
ARS
ARS
Feb 22, 2023
10-K
Annual Report
Feb 21, 2023
4
Insider Trading
Feb 21, 2023
4
Insider Trading
Feb 21, 2023
4
Insider Trading

Latest Insider Trading transactions for PNC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-15
Fallon Kieran John
bought
125,450
125
1,000
executive vice president
2023-03-14
Lyons Michael P.
sold
-751,992
129
-5,800
executive vice president
2023-03-13
DEMCHAK WILLIAM S
bought
129,698
129
1,000
president/ceo
2023-02-16
Juchno Stacy M.
acquired
438,016
158
2,767
executive vice president
2023-02-16
Lyons Michael P.
sold (taxes)
-1,681,150
158
-10,620
executive vice president
2023-02-16
Lyons Michael P.
acquired
3,695,510
158
23,345
executive vice president
2023-02-16
HANNON MICHAEL J
sold (taxes)
-121,733
158
-769
executive vice president
2023-02-16
Jordan Gregory B.
acquired
1,266,080
158
7,998
general counsel and cao
2023-02-16
DEMCHAK WILLIAM S
sold (taxes)
-3,212,860
158
-20,296
president/ceo
2023-02-16
Juchno Stacy M.
sold (taxes)
-124,899
158
-789
executive vice president

1–10 of 50

About PNC Financial Services Group

William S. Demchak
www.pnc.com
59400
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. The company's Retail Banking segment offers brokerage, insurance, and investment and cash management services; checking, savings, and money market accounts; certificates of deposits; and lending products, which includes residential mortgages, home equity loans and lines of credit, auto loans, education loans, and personal and small business loans, and credit cards to consumer and small business customers through a network of branches, ATMs, call centers, and online and mobile banking channels. Its Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, and equipment leases; cash and investment management services, receivables and disbursement management services, funds transfer services, international payment services, and access to online/mobile information management and reporting services; foreign exchange, derivatives, fixed income, securities underwriting, loan syndications, and mergers and acquisitions and equity capital markets advisory related services; and commercial loan servicing and technology solutions for the commercial real estate finance industry. The company's Asset Management Group segment offers investment and retirement planning, customized investment management, credit and cash management solutions, private banking, and trust management and administration solutions; and multi-generational family planning products, such as estate, financial, tax planning, fiduciary, and customized performance reporting services. This segment also provides outsourced chief investment officer, custody, private real estate, cash and fixed income client solutions, and fiduciary retirement advisory services. As of December 31, 2021, it operated 2,629 branches and 9,523 ATMs. The PNC Financial Services Group, Inc. was founded in 1852 and is headquartered in Pittsburgh, Pennsylvania.

PNC Income Statement

2022-12-31
Consolidated Income Statement - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest Income   
Loans$ 11,795$ 9,007$ 8,927
Investment securities2,7261,8342,041
Other915293339
Total interest income15,43611,13411,307
Interest Expense   
Deposits1,267126643
Borrowed funds1,155361718
Total interest expense2,4224871,361
Net interest income13,01410,6479,946
Noninterest Income   
Total noninterest income8,1068,5646,955
Total revenue21,12019,21116,901
Provision For (Recapture of) Credit Losses477(779)3,175
Noninterest Expense   
Personnel7,2447,1415,673
Occupancy992940826
Equipment1,3951,4111,176
Marketing355319236
Other3,1843,1912,386
Total noninterest expense13,17013,00210,297
Income from continuing operations before income taxes and noncontrolling interests7,4736,9883,429
Income taxes from continuing operations1,3601,263426
Net income from continuing operations6,1135,7253,003
Income from discontinued operations before taxes5,777
Income taxes from discontinued operations1,222
Net income from discontinued operations4,555
Net income6,1135,7257,558
Less: Net income attributable to noncontrolling interests725141
Preferred stock dividends301233229
Preferred stock discount accretion and redemptions554
Net income attributable to common shareholders$ 5,735$ 5,436$ 7,284
Total basic earnings   
Basic earnings from continuing operations (dollars per share)$ 13.86$ 12.71$ 6.37
Basic earnings from discontinued operations (dollars per share)10.62
Basic earnings per common share (dollars per share)13.8612.7116.99
Total diluted earnings   
Diluted earnings from continuing operations (dollars per share)13.8512.706.36
Diluted earnings from discontinued operations (dollars per share)10.60
Diluted earnings per common share (dollars per share)$ 13.85$ 12.70$ 16.96
Average Common Shares Outstanding   
Basic (shares)412426427
Diluted (shares)412426427
Asset management and brokerage   
Noninterest Income   
Total noninterest income$ 1,444$ 1,438$ 1,203
Capital markets and advisory   
Noninterest Income   
Total noninterest income1,2961,5771,259
Card and cash management   
Noninterest Income   
Total noninterest income2,6332,3981,913
Lending and deposit services   
Noninterest Income   
Total noninterest income1,1341,1021,026
Residential and commercial mortgage   
Noninterest Income   
Total noninterest income647850946
Other   
Noninterest Income   
Total noninterest income$ 952$ 1,199$ 608

PNC Balance Sheet

2022-12-31
Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Assets  
Cash and due from banks$ 7,043$ 8,004
Interest-earning deposits with banks27,32074,250
Loans held for sale[1]1,0102,231
Investment securities – available for sale44,159131,536
Investment securities – held to maturity95,1751,426
Loans[1]326,025288,372
Allowance for loan and lease losses(4,741)(4,868)
Net loans321,284283,504
Equity investments8,4378,180
Mortgage servicing rights3,4231,818
Goodwill10,98710,916
Other[1]38,42535,326
Total assets557,263557,191
Deposits  
Noninterest-bearing124,486155,175
Interest-bearing311,796302,103
Total deposits436,282457,278
Borrowed funds  
Federal Home Loan Bank borrowings32,075
Senior debt16,65720,661
Subordinated debt6,3076,996
Other[2]3,6743,127
Total borrowed funds58,71330,784
Allowance for unfunded lending related commitments694662
Accrued expenses and other liabilities15,76212,741
Total liabilities511,451501,465
Equity  
Preferred stock[3]
Common stock ($5 par value, Authorized 800 shares, issued 543 shares)2,7142,713
Capital surplus18,37617,457
Retained earnings53,57250,228
Accumulated other comprehensive income (loss)(10,172)409
Common stock held in treasury at cost: 142 and 123 shares(18,716)(15,112)
Total shareholders’ equity45,77455,695
Noncontrolling interests3831
Total equity[4]45,81255,726
Total liabilities and equity$ 557,263$ 557,191
[1]Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $0.9 billion, Loans of $1.3 billion and Other assets of $0.1 billion at December 31, 2022 and Loans held for sale of $1.9 billion, Loans of $1.5 billion and Other assets of $0.1 billion at December 31, 2021.
[2]Our consolidated liabilities included the following for which we have elected the fair value option: Other borrowed funds of less than $0.1 billion and Other liabilities of $0.2 billion at December 31, 2022. Comparable amounts at December 31, 2021 were less than $0.1 billion and zero.
[3]Par value less than $0.5 million at each date.
[4]The par value of our preferred stock outstanding was less than $0.5 million at each date and, therefore, is excluded from this presentation.