PNC Financial Services Group Inc

PNC Financial Services Group Inc

PNC

Market Cap$76.79B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
PNC Financial Services Group IncPNC Financial Services Group Inc153.27%9%2.9-

Earnings Call Q4 2024

January 16, 2025 - AI Summary

Record Earnings and Quarterly Performance: PNC reported a solid fourth quarter with earnings of $1.6 billion or $3.77 per share, contributing to a full-year profit of $6 billion or $13.74 per share. Net interest income (NII) grew by 3% in the fourth quarter, driven primarily by fixed asset repricing, which is expected to continue benefiting NII in 2025.
Conservative Loan Growth Guidance: PNC's outlook for 2025 indicates stable average loans with a slight growth of 2% to 3% in spot loans. This cautious stance stems from persistently soft loan demand, primarily due to lower utilization rates despite increased client acquisition, indicating a conservative approach given ongoing economic uncertainties.
Positive Operating Leverage Amid Expense Discipline: For 2025, PNC expects non-interest expense growth of only 1%, while projecting a 6% increase in total revenue. This disciplined expense management combined with revenue growth suggests substantial positive operating leverage, anticipated to be as high as 400 basis points.

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$230.35

Current Fair Value

17.4% upside

Undervalued by 17.4% based on the discounted cash flow analysis.

Share Statistics

Market cap$76.79 Billion
Enterprise Value$76.79 Billion
Dividend Yield$6.35 (3.2747150740034%)
Earnings per Share$12.78
Beta1.15
Outstanding Shares399,000,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio15.04
PEG-68.56
Price to Sales2.88
Price to Book Ratio-
Enterprise Value to Revenue2.8
Enterprise Value to EBIT-14.23
Enterprise Value to Net Income15
Total Debt to Enterprise0
Debt to Equity0

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...