Headquartered in Pittsburgh, PA Fiscal year ends December NYSE: PNC pnc.com
The PNC Financial Services Group, Inc. is one of the largest diversified financial services companies in the United States, organized around its customers and communities. PNC operates through three reportable business segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group. Retail Banking provides deposit, lending, brokerage, insurance services, investment management, and cash management products to consumer and small business customers through a coast-to-coast branch network, digital channels, ATMs, and phone-based contact centers. Corporate & Institutional Banking provides lending, treasury management, capital markets and advisory products and services to mid-sized and large corporations, government entities, and not-for-profit organizations, including merger and acquisitions advisory, equity capital markets advisory, asset-backed financing, loan syndication, and securities underwriting. Asset Management Group includes PNC Private Bank, which serves high net worth and ultra high net worth individuals with investment and retirement planning, customized investment management, and trust administration, and Institutional Asset Management, which provides outsourced chief investment officer, custody, and retirement plan fiduciary services to institutional clients. In January 2026, PNC completed the acquisition of FirstBank Holding Company, adding approximately $26 billion in assets, $16 billion in loans, and $23 billion in deposits, with full system conversion completed in June 2026. PNC had $627.8 billion in total assets and $499 billion in total client assets under administration as of September 30, 2026. Updated
A 4.23% slide to $227.72 lands the same day the bank disclosed that CFO Robert Q. Reilly shifts to Executive Vice Chairman on March 1, 2027, with Alexander Overstrom taking the finance seat. Rare size for a move like this, so keep an eye on the stock into the open.
A 4.01% slide to $228.24 from a $237.78 open knocks roughly $3.6 billion off a $90.7 billion bank, an outsized single-session move for a name this size. Where it settles into the close sets the tone for the regional bank group.
Our strategy continues to drive growth across our businesses, as we deepen our presence in key markets and expand our reach nationally. During the third quarter, we continued to build on the strong momentum we delivered in the first half of the year, and we generated an 18.3% return on average tangible common equity. We are well positioned, and remain confident in our long-term outlook.
Demchak is anchoring the third quarter on an 18.3% return on average tangible common equity, a profitability level few regional banks are printing right now. With national expansion still the stated growth engine, the question for holders is whether that return holds as the rate cycle shifts.
Eight straight quarters of EPS beats go on the line at 6:32 AM ET, with consensus at $4.89 on $6.60 billion in revenue. Deposit costs and credit quality are what decide whether the streak reaches nine.
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The PNC Financial Services Group, Inc. is one of the largest diversified financial services companies in the United States, organized around its customers and communities. PNC operates through three reportable business segments: Retail Banking, Corporate & Institutional Banking, and Asset Management Group.
24/7 Wall St.'s 12-month price target for PNC is $277.67, rated Buy. The Wall Street consensus target is $263.57. PNC price prediction →
