QualityDipStocks / Finance · Major Banks
PNC Financial Services Group PNC
Not in a dip by our rules: 11% below its 52-week high.
A quality company trading above our fair value estimate.
- Fair value est.
- $187.13−18%
- Market Value
- $222.62price +2%
- Off 52-wk high
- −11%
- Risk vs market
- Lowbeta 0.55
5 bullish · 3 bearish See why
Key levels
Every level vs today’s $227.86
- 52-wk lowlowest close, 1 year$179.04−21.4%
- Fair value est.base case$187.13−17.9%
- Market Valueavg paid since Oct 15$222.62−2.3%
- PriceFri Oct 30 close$227.86you are here
- 52-wk highhighest close, 1 year$256.97+12.8%
Fair value estimate
How the range is computed
Financials model (residual income). Same residual-income model as the base: cost of equity 9.5% ±1 point and return on equity 10.5% ±2 points. Bear = 10.5% and 8.5%; bull = 8.5% and 12.5%. A model estimate from public filings, not a forecast of where the price will go.
Price sits inside the range.
What the price implies To be worth today’s price, PNC would need a return on equity of about 13% a year; our estimate uses 10%.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 30 to Oct 30, 252 sessions). Beta = how much PNC moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Moves much less than the market, but its own price swings are 1.6× the S&P 500’s (it moves on its own news).
- Beta vs S&P 500
- 0.55
- Volatility
- 21% vs 13% SPY
- Correlation SPY
- 0.34
- Correlation QQQ
- 0.15
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 5 of 5
GrowthDiluted EPS grew 21% to $16.59 in FY2025.
GrowthSales grew 13% to $25.0B over the last 12 months vs the 12 months before (SEC filings).
Cash returnsDividend yield of 3.0% ($2.7B paid over 12 months, 38% of earnings).
ProfitabilityNet margin of 29%, above the 21% median for the 142 Finance companies we cover.
QualityPasses all four of our quality checks: cash generation, returns on capital, growth and balance sheet.
Top bearish points 3 of 5
ValuationOur residual-income fair value estimate is $187.13, 18% below the price.
GrowthSales grew 3.0% a year over the last three fiscal years, below the 9.3% median for the 144 Finance companies we cover.
Cash returnsShare count up 1.5% over 12 months, above the −2.5% median for the 117 Finance companies we cover.
Who’s talking about it
Notable investors, executives, analysts and public figures on PNC Financial Services Group in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 1, 9:09 PM ET.
Compare with peers
Closest in size in Major Banks
All fundamentals
P/E 12.5 · ROE 12% · Sales +13%
Valuation
- P/E
- 12.5×3-yr-end avg 12.9× · Finance median 13.5×
- Price / FCF
- n/acash flow isn't a clean measure for a bank
- FCF yield
- n/acash flow isn't a clean measure for a bank
- EV / EBITDA
- n/anot meaningful for a bank
- Price / sales
- 3.63×
- Price / book
- 1.42×
- Market cap
- $90.9Bprice × diluted shares
- Enterprise value
- $148B
Growth
- Revenue, 12 months
- $25.0Bnet interest income + noninterest income
- Sales growth, 12 months
- +13.2%vs the 12 months before
- Sales growth, 3 yrs
- +3.0%/yrfrom FY2022
- Diluted EPS, 12 months
- $18.16
- EPS growth, last FY
- +20.7%
- Net income, 12 months
- $7.3B
- Net income growth
- +25%12 months vs before
Profitability
- Gross margin
- n/anot meaningful for a bank
- Operating margin
- n/anot reported in its SEC filings
- Net margin
- 29.0%
- FCF margin
- n/anot reported in its SEC filings
- Return on equity
- 12%
- Return on invested capital
- n/anot meaningful for a bank
Balance sheet
- Cash & short-term inv.
- $28.7B
- Total debt
- $85.7B
- Net cash
- n/anot meaningful for a bank
- Debt / equity
- n/adeposits/float make debt/equity not comparable for a bank
- Interest coverage
- n/anot meaningful for a bank
Cash flow & returns
- Free cash flow, 12 months
- n/anot reported in its SEC filings
- FCF growth, 12 months
- n/anot reported in its SEC filings
- Dividend yield
- 3.02%$2.7B paid
- Payout ratio
- 38%
- Buybacks, 12 months
- $2.2B2.4% of market cap
- Share count, 1 year
- +1.5%diluted shares vs a year ago
- Stock-based comp
- n/anot reported in its SEC filings
Trailing 12 months to Jun 30, 2026; balance sheet at Jun 30, 2026. From PNC Financial Services Group’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
Valuation details
DCF $187.13 · MV $222.62
Financials model (residual income): book value $170.77 a share on Jun 30, 2026, plus the earnings above a 9.5% cost of equity. ROE 10.5%, the average of 11.1% for the trailing 12 months to Jun 30, 2026 and 9.8% over fiscal 2021–2025, on average common equity; payout 67% of earnings (dividends 38% + net buybacks 30%), so book grows by the retained rest; the return above 9.5% fades halfway toward 9.5% over 10 years, then grows at 3% (terminal value). From the 10-Q filed Aug 5, 2026.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only arm once a company is in a dip.
Momentum & 52-week range
RSI 54 · 5 days +1.5%
The business
FCF $6.1B · Sales +14%
- Free cash flow, 12 months$6.1B
- Free-cash-flow yield6.6%
- Return on equity13%
- Sales growth (latest quarter vs year-ago quarter)+14%
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.
Get a text when PNC fires a reversal signal
One text when a published rule fires on PNC or any of the 333 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.