Is PNC Financial Services (PNC) overvalued or fairly valued?

MarketChacha shows PNC Financial Services's valuation in context — a trailing P/E of about 12.9, a forward P/E of about 10.3, a price-to-book of about 1.4 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does PNC Financial Services's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.20×) from reported figures — education, not a rating.

What is PNC Financial Services's revenue?

PNC Financial Services reported revenue of $23.1B for FY2025, with net profit of $7.0B, per official filings.

What is the share price of PNC Financial Services (PNC)?

PNC Financial Services last traded at $220.73 (+2.1% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

PNC Financial Services

PNC · NYSE · Financials · United States

Snapshot

TickerPNC

ExchangeNYSE

SectorFinancials

IndustryBanks - Regional

CountryUnited States

Employees55,572

HeadquartersPittsburgh, United States

Websitewww.pnc.com

Filings tracked22

About PNC Financial Services

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 Retail Banking segment offers checking, savings, and money market accounts, and 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. This segment serves consumer and small business customers through a network of branches, digital channels, ATMs, and through phone-based customer contact centers. The Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit, and equipment leases; cash and investment management, receivables and disbursement management, funds transfer, international payment, and access to online/mobile information management and reporting services; asset-backed financing, securities underwriting, loan syndications, mergers and acquisitions and equity capital markets advisory, and customer related services; and commercial loan servicing and technology solutions. It serves mid-sized and large corporations, and government and not-for-profit entities. The Asset Management Group segment offers investment and retirement planning, customized investment management, credit and cash management solutions, and trust management and administration services for high net worth and ultra high net worth individuals, and their families; and multi-generational family planning services. It also offers outsourced chief investment officer, custody, cash and fixed income client solutions, and retirement plan fiduciary investment services for institutional clients. The company was founded in 1865 and is headquartered in Pittsburgh, Pennsylvania.

Who owns it

Insiders0.3%
Institutions86.0%
Public & other13.7%

2,540 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.8.06%
Vanguard Capital Management LLC6.57%
State Street Corporation4.62%
FMR, LLC3.57%
Vanguard Portfolio Management LLC2.66%
NORGES BANK2.54%
Geode Capital Management, LLC2.39%
Bank of America Corporation2.14%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.20×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend26.3% → 30.3%

Margin has expanded by about 4.0 points — the business is getting more profitable.

Growth qualityrev 4% · PAT 11%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $6.8B · EPS 5.03

Est. earnings growth +15.8%

Next fiscal year

Rev $27.8B · EPS 21.40

Est. earnings growth +10.5%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$23.1B

Net margin

30.3%

ROE

11.5%

Revenue CAGR (2y)

+3.7%

Profit CAGR (2y)

+11.3%

EPS (FY2025)

16.59

Net profit (FY2025)

$7.0B

Ask MarketChacha about PNC

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$23.1B	$7.0B	16.59	30.3%	11.5%
FY2024	$21.6B	$6.0B	13.74	27.6%	10.9%
FY2023	$21.5B	$5.6B	12.79	26.3%	11.0%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$6.9B	$2.0B	4.81	29.7%
2026Q1	$6.2B	$1.8B	4.13	28.7%
2025Q3	$5.9B	$1.8B	4.35	30.8%
2025Q2	$5.7B	$1.6B	3.85	28.7%
2025Q1	$5.5B	$1.5B	3.51	27.5%
2024Q3	$5.4B	$1.5B	3.49	27.7%
2024Q2	$5.4B	$1.5B	3.39	27.3%
2024Q1	$5.1B	$1.3B	3.10	26.1%
2023Q3	$5.2B	$1.6B	3.60	30.0%
2023Q2	$5.3B	$1.5B	3.36	28.3%
2023Q1	$5.6B	$1.7B	3.98	30.2%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC8/5/2026
8-K — Other events, Exhibits
SEC7/21/2026material
8-K — Results of operations, Exhibits
SEC7/15/2026material
8-K — Reg FD disclosure, Exhibits
SEC7/15/2026material
8-K — Reg FD disclosure, Exhibits
SEC6/22/2026material
8-K — Other events, Exhibits
SEC5/26/2026material
10-Q filing
SEC5/5/2026
8-K — Executive/director change, Shareholder vote results, Exhibits
SEC4/24/2026material
8-K — Results of operations, Exhibits
SEC4/15/2026material
8-K — Reg FD disclosure, Exhibits
SEC4/15/2026material
10-K filing
SEC2/20/2026
8-K — Other events, Exhibits
SEC1/26/2026material
8-K — Results of operations, Exhibits
SEC1/16/2026material
8-K — Reg FD disclosure, Exhibits
SEC1/16/2026material
8-K — Security holder rights, Bylaw/charter change, Reg FD disclosure, Exhibits
SEC1/5/2026material

2025

8-K — Reg FD disclosure, Exhibits
SEC12/12/2025material
8-K — Results of operations, Exhibits
SEC11/7/2025material
10-Q filing
SEC11/3/2025
8-K — Results of operations, Exhibits
SEC10/15/2025material
8-K — Reg FD disclosure, Exhibits
SEC10/15/2025material
8-K — Reg FD disclosure, Exhibits
SEC9/8/2025material
10-Q filing
SEC8/1/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.