PNC Financial Services Group Inc
PNC
Market Cap$65.84B
Close$
Earnings Call Q1 2025
April 15, 2025 - AI Summary
Strong First Quarter Results: PNC reported a net income of $1.5 billion or $3.51 per share for Q1 2025, representing a 13% increase in earnings year-over-year. Total revenue increased by 6% year-over-year, driven by higher net interest income and fee growth, despite a seasonal decline of 2% linked quarter.
Loan Growth and Credit Quality: C&I (Commercial and Industrial) loan growth was strong, showing a spot increase of 3% quarter-over-quarter, totaling $181 billion. However, overall loan growth remains a challenge for the industry, with total loans experiencing a slight decline of 1% linked quarter. PNC maintains a stable credit quality with non-performing loans holding steady at $2.3 billion and an allowance for credit losses at $5.2 billion.
Positive NIM Outlook: PNC's net interest margin (NIM) expanded to 2.78%, with expectations to approach 3.0% by year-end 2025. Factors contributing to this include lower funding costs and fixed-rate asset repricing.
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$72.10
59.4% downside
Current Fair Value
59.4% downsideOvervalued by 59.4% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $65.84 Billion |
|---|---|
| Enterprise Value | $126.56 Billion |
| Dividend Yield | $6.4 (3.84522951213651%) |
| Earnings per Share | $13.86 |
| Beta | 1.06 |
| Outstanding Shares | 398,000,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 10.97 |
|---|---|
| PEG | -49.98 |
| Price to Sales | 2.61 |
| Price to Book Ratio | 1.26 |
| Enterprise Value to Revenue | 4.62 |
| Enterprise Value to EBIT | -23.45 |
| Enterprise Value to Net Income | 26 |
| Total Debt to Enterprise | 0.48 |
| Debt to Equity | 1.08 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About PNC Financial Services Group
50,403 employees
CEO: William Demchak he PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and busine...