PNC Financial Services Group Inc reports results for the quarter ended June 30 - Earnings Summary
PNC Financial Services Group Inc reports results for the quarter ended June 30 - Earnings Summary
PNC Financial Services Group Inc PNC.N reported quarterly adjusted earnings of $4.81 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $3.85. The mean expectation of twenty analysts for the quarter was for earnings of $4.42 per share. Wall Street expected results to range from $4.16 to $4.71 per share.
Revenue rose 21.4% to $6.88 billion from a year ago; analysts expected $6.50 billion.
PNC Financial Services Group Inc's reported EPS for the quarter was $4.81.
The company reported quarterly net income of $1.94 billion.
PNC Financial Services Group Inc shares had risen by 2.3% this quarter and gained 20.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.8% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for PNC Financial Services Group Inc is $266.00, about 5.3% above its last closing price of $251.88
This summary was machine generated from LSEG data July 15 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 4.42 | 4.81 | Beat |
Mar. 31 2026 | 4.06 | 4.13 | Beat |
Dec. 31 2025 | 4.22 | 4.88 | Beat |
Sep. 30 2025 | 4.05 | 4.35 | Beat |
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The PNC Financial Services Group, Inc. reports results for the quarter ended September 30 - Earnings Summary