The PNC Financial Services Group (PNC) Projected to Post Quarterly Earnings on Wednesday

The PNC Financial Services Group (NYSE:PNC) is expected to be releasing its Q2 2026 results before the market opens on Wednesday, July 15th. Analysts expect The PNC Financial Services Group to post earnings of $4.53 per share and revenue of $6.5020 billion for the quarter. Interested persons can check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 15, 2026 at 10:00 AM ET.

The PNC Financial Services Group (NYSE:PNC) last issued its quarterly earnings results on Wednesday, April 15th. The financial services provider reported $4.32 EPS for the quarter, beating analysts’ consensus estimates of $3.92 by $0.40. The business had revenue of $6.17 billion for the quarter, compared to analysts’ expectations of $6.21 billion. The PNC Financial Services Group had a net margin of 20.89% and a return on equity of 12.10%. The business’s quarterly revenue was up 13.1% on a year-over-year basis. During the same period last year, the business earned $3.51 earnings per share. On average, analysts expect The PNC Financial Services Group to post $19 EPS for the current fiscal year and $21 EPS for the next fiscal year.

The PNC Financial Services Group Trading Up 0.4%

PNC stock opened at $254.12 on Wednesday. The company has a market capitalization of $102.05 billion, a PE ratio of 14.77, a price-to-earnings-growth ratio of 1.04 and a beta of 0.91. The PNC Financial Services Group has a one year low of $176.88 and a one year high of $256.00. The company’s 50 day moving average price is $228.14 and its two-hundred day moving average price is $221.30. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.82 and a current ratio of 0.83.

The PNC Financial Services Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Monday, July 20th will be issued a dividend of $2.00 per share. The ex-dividend date of this dividend is Monday, July 20th. This represents a $8.00 annualized dividend and a dividend yield of 3.1%. This is an increase from The PNC Financial Services Group’s previous quarterly dividend of $1.70. The PNC Financial Services Group’s payout ratio is 39.51%.

Trending Headlines about The PNC Financial Services Group

Here are the key news stories impacting The PNC Financial Services Group this week:

• Positive Sentiment: PNC increased its quarterly dividend to $2.00 per share, up 18% from $1.70, which highlights strong capital generation and shareholder-friendly capital return plans. PNC Raises Common Stock Dividend to $2.00 Per Share
• Positive Sentiment: UBS raised its price target on PNC and kept a buy rating, while JPMorgan and Wells Fargo also lifted targets and maintained overweight views, suggesting analysts see room for more share price appreciation. UBS/JPMorgan/Wells Fargo target updates
• Positive Sentiment: PNC launched a new mobile banking app, which could support client engagement and improve the digital banking experience over time. PNC new mobile app
• Neutral Sentiment: PNC is also cutting 18 branches in Colorado and Arizona after a FirstBank conversion, a routine network optimization move that may help efficiency but is unlikely to drive immediate earnings impact. PNC branch cuts article
• Neutral Sentiment: Broader industry news about banks exploring ways around debit-card fee caps could be supportive for large lenders like PNC, but the impact remains speculative for now. Banks seek work-around on debit card fee limits

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Bank of America lifted their target price on shares of The PNC Financial Services Group from $260.00 to $264.00 and gave the stock a “buy” rating in a research report on Thursday, April 16th. Truist Financial upped their price target on shares of The PNC Financial Services Group from $245.00 to $257.00 and gave the company a “hold” rating in a research report on Friday, June 26th. Stephens started coverage on The PNC Financial Services Group in a research note on Monday, June 15th. They set an “overweight” rating and a $265.00 price objective on the stock. Oppenheimer lifted their price objective on The PNC Financial Services Group from $268.00 to $271.00 and gave the stock an “outperform” rating in a report on Tuesday, June 30th. Finally, JPMorgan Chase & Co. boosted their target price on The PNC Financial Services Group from $238.00 to $264.50 and gave the company an “overweight” rating in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, The PNC Financial Services Group presently has an average rating of “Moderate Buy” and a consensus price target of $258.09.

Insider Buying and Selling at The PNC Financial Services Group

In other The PNC Financial Services Group news, EVP Stephanie Novosel sold 1,800 shares of the stock in a transaction on Friday, June 5th. The shares were sold at an average price of $228.73, for a total transaction of $411,714.00. Following the completion of the sale, the executive vice president owned 3,107 shares of the company’s stock, valued at $710,664.11. This represents a 36.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Andrew T. Feldstein sold 45,000 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $220.57, for a total transaction of $9,925,650.00. Following the completion of the transaction, the director owned 10,749 shares in the company, valued at $2,370,906.93. The trade was a 80.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 48,300 shares of company stock valued at $10,694,574 in the last quarter. Company insiders own 0.38% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Viking Global Investors LP lifted its holdings in The PNC Financial Services Group by 234.9% in the 3rd quarter. Viking Global Investors LP now owns 7,956,766 shares of the financial services provider’s stock worth $1,598,753,000 after buying an additional 5,581,102 shares during the period. Wellington Management Group LLP raised its holdings in shares of The PNC Financial Services Group by 50.1% during the third quarter. Wellington Management Group LLP now owns 3,485,320 shares of the financial services provider’s stock valued at $700,305,000 after acquiring an additional 1,162,964 shares in the last quarter. AQR Capital Management LLC lifted its stake in The PNC Financial Services Group by 32.6% in the third quarter. AQR Capital Management LLC now owns 4,425,905 shares of the financial services provider’s stock worth $889,297,000 after acquiring an additional 1,086,941 shares during the period. First Trust Advisors LP lifted its stake in The PNC Financial Services Group by 30.1% in the fourth quarter. First Trust Advisors LP now owns 2,601,151 shares of the financial services provider’s stock worth $542,938,000 after acquiring an additional 602,197 shares during the period. Finally, Freestone Grove Partners LP bought a new stake in The PNC Financial Services Group in the fourth quarter valued at $61,708,000. Institutional investors own 83.53% of the company’s stock.

The PNC Financial Services Group Company Profile

The PNC Financial Services Group, Inc is a diversified financial services company headquartered in Pittsburgh, Pennsylvania, offering a broad range of banking, lending, investment and wealth management services. PNC operates a national banking franchise with a significant retail branch network and dedicated capabilities for commercial, institutional and government clients. Its services are designed to serve individuals, small businesses, corporations and public sector entities across the United States.

PNC’s core business activities include consumer and business banking, residential mortgage lending, corporate and institutional banking, asset management and wealth advisory services.