PNC Financial Services Group, INYSE: PNC
Financials · Diversified Banks
$221.23
-0.80%
Vol: 678K
Research Digest
Friday, May 1, 2026
PNC Financial Q1 net income $1.8B, profit jumps 18% on FirstBank acquisition and loan growth.
PNC Financial Q1 2026 (April 15) net income $1.8B with diluted EPS $4.13. 18% profit jump boosted by FirstBank acquisition and solid loan growth. Announced new treasury management solution for insurance payments April 29. Relocating Austin HQ to new Class A building. Stock at $222.36 with average 12-month PT of $242.0 (8.96% upside) from 20 analysts.
Previous Market Intelligence
13 daysApr 30PNC posted 18% Q1 profit jump on FirstBank acquisition and strong loan growth; raised outlook with 13% revenue YoY increase.Positive▶
PNC Financial Services posted strong Q1 2026 results with $1.8B net income and diluted EPS of $4.13 (adjusted $4.32), fueled by FirstBank regional lender acquisition and solid loan growth with total revenue up 13% YoY. Company announced treasury management expansion with new P&C insurance payments solution (April 29) and Austin headquarters relocation to ATX Tower class A building (April 27). Management projects constructive 2026 outlook with robust fee income, net interest margin exceeding 3%, and dividend of $1.70/share. Average analyst rating is Buy with $241.97 price target (10.62% upside).
Apr 16PNC Q1 Earnings Beat; Multiple Analyst Upgrades Raise Price TargetsPositive▶
PNC Financial Services reported strong Q1 2026 results with 13% revenue increase driven by organic loan growth and FirstBank acquisition, posting adjusted EPS $4.32 beating estimates though revenue $6.16B missed guidance of $6.24B. Company raised fiscal 2026 net interest income guidance to 14.5% from 14% and raised loan growth guidance to 11% from 8%. BofA Securities raised price target to $264 from $260 (Buy); Jefferies raised to $275 from $255 (Buy); Evercore ISI raised to $255 from $242 (Outperform). Analyst consensus: Buy rating with average 12-month price target $237.53 (7.38% upside). 19 analysts covering the stock with positive earnings momentum and acquisition synergy realization.
Apr 15PNC reports Q1 2026 earnings April 15 with expected $3.93 EPS; launches TotalRewards loyalty program.Neutral▶
PNC Financial Services released Q1 2026 earnings on April 15 with analyst expectations for EPS of $3.93 and revenues of $6.21 billion. The company launched PNC TotalRewards, a relationship-based loyalty program. PNC declared a quarterly dividend of $1.70 per share. JPMorgan cut price target from $251 to $237.50; Morgan Stanley cut from $283 to $263, both maintaining ratings.
Apr 14PNC reports Q1 2026 earnings April 15 with 14.3% revenue growth expected; launches TotalRewards loyalty program.Positive▶
PNC Financial will report Q1 2026 earnings on April 15 with EPS of $3.93 and revenue of $6.21B expected (+14.3% YoY). Launched PNC TotalRewards loyalty program. Signed lease for new Class-A office in Frisco, Texas. Board declared $1.70 quarterly dividend. JPMorgan cut target to $237.50 from $251.
Apr 13PNC reports strong 2025 results; Q1 earnings April 15 amid Fed capital requirement easing proposals.Positive▶
PNC reported FY2025 net income of $7.0B with diluted EPS of $16.59. Q1 earnings released April 15 with consensus estimates of $3.93 EPS and $6.21B revenue. JPMorgan maintained Overweight but cut target from $251 to $237.50. 19 analysts consensus Buy with $237.53 target (+7.42% upside). Fed easing capital requirements supports sector growth.
Apr 10PNC declares $1.70 dividend and launches consumer loyalty program TotalRewards.Positive▶
PNC declared quarterly dividend of $1.70 per share, launched PNC TotalRewards loyalty program with military tier benefits, and served as lead arranger for $600M Phoenix Service Partners credit facility. PNC expects to report Q1 2026 earnings April 15, 2026. JPMorgan adjusted price target to $237.50. Stock trading at $220.76 with analyst mean price target of $247.43.
Apr 9PNC Financial Services projects strong 2026 growth with 8% loan expansion and 14% NIM increase following successful FirstBank integration.Positive▶
PNC closed 2025 with consolidated income of $7 billion, up 17.5% year-over-year, with diluted EPS rising 21% to $16.59. Board declared quarterly dividend of $1.70 per share. Company completed $27 billion FirstBank acquisition in January, adding 95 branches and Colorado presence. PNC projects 8% average loan growth and 11% revenue increase for 2026, with 14% net interest income growth and 6% noninterest income growth. Company expects $1B+ in AI-driven cost savings through technology and automation. Acquisition expected to add $1/share to annualized earnings by year-end 2026.
Apr 8PNC Financial Services Reports Better-Than-Expected Q4 Results; Declares $1.70 DividendPositive▶
PNC Financial Services reported full year 2025 net income of $7.0 billion with diluted EPS of $16.59, beating Q4 expectations on loan growth and increased financial services demand. The company closed its acquisition of FirstBank in January 2026, adding ~$26 billion in assets. Quarterly dividend declared at $1.70 per share payable May 5, 2026. Morgan Stanley lowered price target to $263 from $283, while Oppenheimer also cut target to $263. JP Morgan maintains Overweight rating with $237.50 target. Average analyst price target is $243.62 (14.33% upside). Positioned for growth with Federal Reserve capital requirement easing proposals.
Apr 7PNC completed FirstBank acquisition ($26B assets); JPMorgan raises PT to $251 with OverweightPositive▶
PNC completed FirstBank Holding Company acquisition ($26B assets, $16B loans, $23B deposits) on January 5. 2025 full-year net income $7.0B with 21% EPS growth and record revenue. Board declared $1.70 quarterly dividend payable May 5. JPMorgan raised PT to $251 (from $228.50) with Overweight rating. Q1 2026 earnings due April 15 before market open. Recent regulatory tailwinds from Fed capital requirement proposals could enhance lending. Stock at $213.14 before dropping $3.60 in after-hours.
Apr 6PNC completes FirstBank acquisition; plans 55 branch builds in 2026 and strong growth guidancePositive▶
PNC Financial Services completed the acquisition of FirstBank on January 5, 2026, with $2B planned branch build-out and full customer conversion expected mid-2026. The company plans 55 new branch builds in 2026 (up from 26 in 2025) and will add 60 annually through 2030. PNC Wealth Management launched new products including "Premier Client" integrated banking/investing offering for emerging affluent segment and simplified online brokerage account opening. CEO Michael Thomas will discuss strategy at RBC Capital Markets conference March 10. PNC declared quarterly dividend of $1.70/share payable May 5. Analyst consensus is Buy with $238.28 PT (+12.9% upside). Jefferies initiated with Buy ($250 PT), while Morgan Stanley and Oppenheimer lowered targets slightly. Q1 2026 earnings due April 15. Strong organic expansion and M&A execution support positive outlook.
Apr 3PNC declares $1.70 quarterly dividend and schedules Q1 2026 earnings call for April 15; mixed analyst sentiment.Neutral▶
PNC Financial Services declared a $1.70/share quarterly dividend (56 consecutive years of payments, 15-year raise streak), payable May 5. Q1 2026 earnings call set for April 15. Full-year 2025 net income was $7.0B with EPS of $16.59. Morgan Stanley lowered PT to $263 from $283, while Jefferies initiated Buy with $250 PT.
Apr 2PNC declared $1.70 quarterly dividend while raising full-year guidance, continuing 15-year streak of consecutive annual dividend increases.Positive▶
PNC Financial Services Group declared a quarterly cash dividend of $1.70 per share, payable May 5, 2026, to shareholders of record April 14, 2026. This continues the bank's impressive track record of 56 consecutive years of dividend payments and 15 consecutive years of dividend increases. The company reported strong Q4 2025 core earnings of $5.01 per share, surpassing analyst expectations due to higher fees and reduced provisioning. Multiple analysts raised price targets including TD Cowen to $260 and Evercore ISI to $260. Q1 2026 earnings conference call is scheduled for April 15, 2026.
Apr 1Morgan Stanley lowers PNC price target to $263 as bank navigates post-acquisition integration following FirstBank deal closure.Mixed▶
Morgan Stanley adjusted PNC's price target to $263 from $283, maintaining Equal-Weight rating. PNC closed its acquisition of FirstBank in January 2026, adding ~$26 billion in assets. Q1 2026 earnings scheduled for April 15.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| JPMJPMORGAN | $313.11 | -0.04% | +6.0% | 13.3x | 1.04 | $839.3B |
| BACBANK | $53.33 | -0.25% | +6.8% | 10.6x | 1.24 | $381.2B |
| WFCWELLS | $81.09 | -1.39% | +0.5% | 10.4x | 1.06 | $252.0B |
| CCITIGROUP | $127.58 | -0.31% | +9.1% | 10.3x | 1.08 | $223.9B |
| PNCPNC | $221.23 | -0.80% | +4.6% | 10.6x | 0.96 | $90.0B |
| USBUS | $56.45 | -0.38% | +6.0% | 10.1x | 1.03 | $88.1B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price above both MAs — bullish structure.