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PNC Financial Services Earnings Preview: What to Expect
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Pittsburgh, Pennsylvania-based The PNC Financial Services Group, Inc. (PNC) operates as a diversified financial services company. With a market cap of $95.8 billion, the company provides regional banking, wholesale banking, and asset management services nationally and in the company's primary regional markets. The company is expected to announce its fiscal second-quarter earnings for 2026 before the market opens on Wednesday, Jul. 15. Ahead of the event, analysts expect PNC to report a profit of $4.55 per share on a diluted basis, up 18.2% from $3.85 per share in the year-ago quarter. The company has consistently surpassed Wall Street's EPS estimates in its last four quarterly reports. Palantir Stock Crashes to a 52-Week Low: Why It's Time to Buy the Dip. Corning Stock Skyrockets on AI-Related Demand, Spurring Unusual Call Option Buying Nasdaq Futures Gain After Brutal Tech Selloff, Micron Earnings in Focus Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For the full year, analysts expect PNC to report EPS of $18.81, up 13.4% from $16.59 in fiscal 2025. Its EPS is expected to rise 11.4% year over year to $20.95 in fiscal 2027. PNC stock has outperformed the S&P 500 Index's ($SPX) 20.8% gains over the past 52 weeks, with shares up 31.8% during this period. Similarly, it outperformed the State Street Financial Select Sector SPDR ETF's (XLF) 4.2% gains over the same time frame. PNC beat in Q1 on record organic loan growth, the FirstBank deal, and 13% higher fee income. The acquisition boosted loans, deposits, and helped NIM reach 2.95%. Its commercial growth was strong in expansion markets, and credit quality improved. On Apr. 15, PNC shares closed up marginally after reporting its Q1 results. Its revenue was $6.2 billion, missing analyst estimates of $6.3 billion. The company's adjusted EPS of $4.32 beat analyst estimates by 3.8%. Analysts' consensus opinion on PNC stock is moderately bullish, with a "Moderate Buy" rating overall. Out of 23 analysts covering the stock, 14 advise a "Strong Buy" rating, three suggest a "Moderate Buy," and six give a "Hold." PNC's average analyst price target is $253.95, indicating a potential upside of 5.8% from the current levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
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