Zacks Research Has Pessimistic Outlook of PNC Q2 Earnings

The PNC Financial Services Group, Inc. (NYSE:PNC) – Zacks Research reduced their Q2 2025 earnings per share (EPS) estimates for The PNC Financial Services Group in a research note issued on Tuesday, May 6th. Zacks Research analyst R. Department now expects that the financial services provider will earn $3.63 per share for the quarter, down from their previous 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.

Other equities analysts have also recently issued reports about the company. Wells Fargo & Company dropped their price objective on 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. Barclays lowered their price objective on shares of The PNC Financial Services Group from $257.00 to $235.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 16th. Royal Bank of Canada decreased their price target on shares of The PNC Financial Services Group from $205.00 to $195.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 16th. Keefe, Bruyette & Woods cut their price objective on The PNC Financial Services Group from $195.00 to $185.00 and set an “underperform” rating for the company in a research report on Wednesday, April 16th. Finally, Hsbc Global Res raised The PNC Financial Services Group from a “hold” rating to a “strong-buy” rating in a report on Monday, March 31st. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, The PNC Financial Services Group currently has a consensus rating of “Hold” and a consensus target price of $200.88.

The PNC Financial Services Group Price Performance

NYSE PNC opened at $166.44 on Thursday. The PNC Financial Services Group has a 12 month low of $145.12 and a 12 month high of $216.26. The firm has a market capitalization of $65.84 billion, a PE ratio of 12.10, a P/E/G ratio of 1.55 and a beta of 1.06. The company’s 50 day simple moving average is $164.74 and its 200 day simple moving average is $186.58. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.81 and a quick ratio of 0.81.

The PNC Financial Services Group (NYSE:PNC) last announced its earnings results on Tuesday, April 15th. The financial services provider reported $3.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.47 by $0.04. The PNC Financial Services Group had a net margin of 17.10% and a return on equity of 11.12%. The firm had revenue of $5.45 billion during the quarter, compared to analyst estimates of $5.50 billion.

The PNC Financial Services Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, May 5th. Shareholders of record on Wednesday, April 16th were given a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a yield of 3.85%. The ex-dividend date was Wednesday, April 16th. The PNC Financial Services Group’s payout ratio is 45.20%.

Insider Buying and Selling at The PNC Financial Services Group

In related news, CEO William S. Demchak sold 1,242 shares of The PNC Financial Services Group stock in a transaction on Friday, February 21st. The shares were sold at an average price of $192.45, for a total value of $239,022.90. Following the transaction, the chief executive officer now owns 571,025 shares in the company, valued at $109,893,761.25. This trade represents a 0.22 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Martin Pfinsgraff purchased 1,000 shares of the stock in a transaction dated Friday, April 25th. The stock was acquired at an average cost of $158.22 per share, for a total transaction of $158,220.00. Following the completion of the transaction, the director now owns 2,009 shares of the company’s stock, valued at $317,863.98. The trade was a 99.11 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 13,662 shares of company stock worth $2,322,006 over the last three months. Corporate insiders own 0.41% of the company’s stock.

Institutional Trading of The PNC Financial Services Group

Several hedge funds and other institutional investors have recently bought and sold shares of PNC. Vanguard Group Inc. grew its holdings in shares of The PNC Financial Services Group by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 37,965,619 shares of the financial services provider’s stock worth $6,673,217,000 after purchasing an additional 248,252 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of The PNC Financial Services Group by 5.3% during the 4th quarter. Franklin Resources Inc. now owns 10,835,480 shares of the financial services provider’s stock worth $2,089,622,000 after acquiring an additional 549,278 shares during the period. Massachusetts Financial Services Co. MA boosted its position in shares of The PNC Financial Services Group by 26.1% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 9,502,467 shares of the financial services provider’s stock valued at $1,670,249,000 after acquiring an additional 1,964,157 shares in the last quarter. Norges Bank acquired a new position in The PNC Financial Services Group in the fourth quarter worth about $1,352,151,000. Finally, Northern Trust Corp lifted its stake in The PNC Financial Services Group by 14.9% during the fourth quarter. Northern Trust Corp now owns 4,695,514 shares of the financial services provider’s stock worth $905,530,000 after purchasing an additional 608,375 shares during the period. 83.53% of the stock is currently owned by institutional investors and hedge funds.

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.