PNC (PNC): analysis in plain words
Is PNC cheap or expensive? How it makes money, whether it grows and its risks, explained in plain words and with its official accounts.
PNC (PNC) is listed on the NYSE and we classify it in banking. Below are its key dated figures, how it makes money, how it compares with its sector, what works for and against PNC according to those figures, and the questions people ask most about the stock. No buy or sell tips.
PNC (PNC) key figures as of November 4, 2026
| Figure | Value | What it measures |
|---|---|---|
| Share price | $233.45 | Last price on November 4, 2026 |
| P/E ratio (TTM) | 12.4x | Price over earnings per share |
| Revenue growth | +10.9% | Latest quarter vs the same quarter a year earlier |
| Net margin (TTM) | 31.7% | Profit for every 100 of sales |
| Net debt / EBITDA | Not meaningful (financial company) | Years of operating profit to repay debt |
| Dividend yield | 3.49% | Annual dividend over price |
| Market cap | $92.7 billion | What the stock market values it at |
The PNC figures come from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026. Any PNC figure that is not available shows as N/A: we do not estimate it.
How PNC makes money
PNC Financial Services is a U.S. commercial bank. Retail Banking offers deposit accounts, mortgages and credit cards to consumers, Corporate and Institutional Banking provides loans and treasury management to businesses, and the Asset Management Group handles wealth management. It earns net interest income plus fees.
Over the last 12 months, PNC brought in revenue of $24.9 billion. Its operating margin, what PNC keeps from every 100 of sales after running costs, is 41.1%. With 55,572 full-time employees, that is about $449,000 of revenue per employee.
PNC against its sector
To know whether a PNC figure is high or low you have to put it next to similar companies. This table compares PNC with the median of the 20 banking companies Fintols covers, with data as of November 4, 2026.
| Figure | PNC | banking median |
|---|---|---|
| P/E | 12.4x | 12.2x (20) |
| Revenue growth | +10.9% | +7.3% (20) |
| Net margin | 31.7% | 32.6% (20) |
| Dividend yield | 3.49% | 3.55% (20) |
| ROE | 13.1% | 13.1% (19) |
In short, against the typical banking company, PNC grows faster. By size, PNC ranks number 8 of 8 banking companies quoted in USD on Fintols.
The bull case for PNC
These are the strengths in the PNC figures as of November 4, 2026:
- Its net margin over the last 12 months is 31.7% (sector median: 32.6%): PNC turns a large share of its sales into profit.
- For income seekers, PNC pays a dividend yielding 3.49% at today's price, using 38% of its profit to fund it.
- PNC is selling more than a year ago: +10.9% in its latest quarter (the typical banking company grew +7.3%).
The main risk for PNC
The PNC figures as of November 4, 2026 show no clear red flag (no heavy debt, no losses, no falling sales). Its main risk is the one built into its business: falling interest rates (which squeeze what it earns on loans) or rising bad loans if the economy weakens.
Frequently asked questions about PNC
Is it a good time to buy PNC stock?
Fintols does not tell you whether to buy or sell PNC, and nobody knows what the price will do tomorrow. What we can show you is where it stands today. As of November 4, 2026, PNC stock trades at $233.45, 10% below its 52-week high ($258.96) and 32% above its low ($177.08). Its P/E is 12.4x against a banking median of 12.2x, and 10.9x on the earnings analysts expect over the next 12 months. With PNC, as with any stock, timing matters less than understanding the business, investing for the long run and not betting everything on a single company.
Does PNC pay a dividend?
Yes. As of November 4, 2026, PNC pays $8.00 per share a year, which at today's price is a yield of 3.49%. It uses 38% of its profit to pay it, which leaves room to keep paying it if profit dips. Its average dividend yield over the last five years is 3.44%. The banking median on Fintols is 3.55%.
Is PNC stock expensive?
It depends on what you compare it with. On P/E, PNC trades at 12.4x its last 12 months of earnings: in line with the banking median (12.2x). For a financial company you also look at price to book value: 1.5x (banking median: 1.7x). A high P/E alone does not make PNC expensive: it can be justified if earnings grow fast, and a low one can reflect a business in trouble.
Who are PNC's competitors?
On Fintols we compare PNC with Banco Santander, BBVA and BNP Paribas, which are also in banking. As of November 4, 2026, Banco Santander is worth €154.7 billion and trades on a P/E of 11.8; BBVA is worth €123.4 billion and trades on a P/E of 11.4; BNP Paribas is worth €100.5 billion and trades on a P/E of 8.0. Each has a side-by-side comparison with PNC below.
PNC competitors
- Banco Santander (SAN) analysis · PNC vs Banco Santander comparison
- BBVA (BBVA) analysis · PNC vs BBVA comparison
- BNP Paribas (BNP.PA) analysis · PNC vs BNP Paribas comparison
To understand PNC better
- How to Read a Balance Sheet: A Beginner's Guide
- Dividend Growth Investing: FCF Payout Ratio and Compounding
More companies like PNC: banking stocks and S&P 500 companies. Open the full PNC analysis with its valuation and scenarios. Educational content about PNC, not investment advice.