What is Zacks Research’s Forecast for PNC Q2 Earnings?

The PNC Financial Services Group, Inc (NYSE:PNC) – Stock analysts at Zacks Research reduced their Q2 2025 EPS estimates for The PNC Financial Services Group in a research note issued on Wednesday, July 2nd. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings per share of $3.57 for the quarter, down from their previous forecast of $3.63. The consensus estimate for The PNC Financial Services Group’s current full-year earnings is $15.37 per share. Zacks Research also issued estimates for The PNC Financial Services Group’s Q3 2025 earnings at $3.91 EPS, Q4 2025 earnings at $3.97 EPS, FY2025 earnings at $14.97 EPS, Q1 2026 earnings at $3.96 EPS, Q2 2026 earnings at $4.01 EPS, Q3 2026 earnings at $4.23 EPS, Q4 2026 earnings at $4.41 EPS, FY2026 earnings at $16.62 EPS and Q1 2027 earnings at $4.22 EPS.

Several other brokerages have also recently weighed in on PNC. Royal Bank Of Canada reduced their price target on shares of The PNC Financial Services Group from $205.00 to $195.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 16th. Morgan Stanley dropped their price objective on shares of The PNC Financial Services Group from $179.00 to $178.00 and set an “underweight” rating for the company in a research note on Wednesday, April 16th. Keefe, Bruyette & Woods dropped their price objective on shares of The PNC Financial Services Group from $195.00 to $185.00 and set an “underperform” rating for the company in a research note on Wednesday, April 16th. Wolfe Research reaffirmed a “peer perform” rating on shares of The PNC Financial Services Group in a research note on Thursday. Finally, The Goldman Sachs Group lifted their price objective on shares of The PNC Financial Services Group from $178.00 to $196.00 and gave the stock a “neutral” rating in a research note on Wednesday. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $206.35.

The PNC Financial Services Group Trading Down 0.3%

The PNC Financial Services Group stock opened at $195.10 on Friday. The stock has a market cap of $77.18 billion, a P/E ratio of 13.78, a PEG ratio of 1.65 and a beta of 1.07. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.81 and a quick ratio of 0.81. The PNC Financial Services Group has a 1 year low of $145.12 and a 1 year high of $216.26. The firm’s 50 day moving average price is $175.10 and its 200-day moving average price is $180.09.

The PNC Financial Services Group (NYSE:PNC) last released its quarterly earnings data on Tuesday, April 15th. The financial services provider reported $3.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.47 by $0.04. The firm had revenue of $5.45 billion for the quarter, compared to analysts’ expectations of $5.50 billion. The PNC Financial Services Group had a net margin of 17.68% and a return on equity of 10.95%.

Hedge Funds Weigh In On The PNC Financial Services Group

A number of large investors have recently added to or reduced their stakes in PNC. Brighton Jones LLC raised its holdings in The PNC Financial Services Group by 32.2% in the fourth quarter. Brighton Jones LLC now owns 4,041 shares of the financial services provider’s stock worth $779,000 after purchasing an additional 984 shares in the last quarter. Fisher Asset Management LLC raised its holdings in The PNC Financial Services Group by 4.0% in the fourth quarter. Fisher Asset Management LLC now owns 3,737 shares of the financial services provider’s stock worth $721,000 after purchasing an additional 143 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in The PNC Financial Services Group in the fourth quarter worth about $191,000. Steward Partners Investment Advisory LLC raised its holdings in The PNC Financial Services Group by 40.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 15,674 shares of the financial services provider’s stock worth $3,023,000 after purchasing an additional 4,515 shares in the last quarter. Finally, Cookson Peirce & Co. Inc. increased its holdings in shares of The PNC Financial Services Group by 209.4% during the fourth quarter. Cookson Peirce & Co. Inc. now owns 5,690 shares of the financial services provider’s stock valued at $1,097,000 after acquiring an additional 3,851 shares in the last quarter. 83.53% of the stock is currently owned by institutional investors.

Insider Activity at The PNC Financial Services Group

In related news, EVP Kieran John Fallon sold 1,492 shares of The PNC Financial Services Group stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $174.56, for a total value of $260,443.52. Following the completion of the sale, the executive vice president directly owned 20,490 shares in the company, valued at $3,576,734.40. The trade was a 6.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Martin Pfinsgraff acquired 1,000 shares of the firm’s stock in a transaction that occurred on Friday, April 25th. The stock was purchased at an average price of $158.22 per share, with a total value of $158,220.00. Following the completion of the acquisition, the director directly owned 2,009 shares of the company’s stock, valued at $317,863.98. This represents a 99.11% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold 10,787 shares of company stock worth $1,782,794 over the last three months. 0.41% of the stock is owned by corporate insiders.

The PNC Financial Services Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 5th. Investors of record on Tuesday, July 15th will be issued a $1.70 dividend. This is an increase from The PNC Financial Services Group’s previous quarterly dividend of $1.60. This represents a $6.80 annualized dividend and a dividend yield of 3.49%. The PNC Financial Services Group’s payout ratio is presently 45.20%.

About The PNC Financial Services Group

The PNC Financial Services Group, Inc operates as a diversified financial services company in the United States. It operates through three segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group segments. The company's Retail Banking segment offers checking, savings, and money market accounts, as well as time deposit; residential mortgages, home equity loans and lines of credit, auto loans, credit cards, education loans, and personal and small business loans and lines of credit; and brokerage, insurance, and investment and cash management services.