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PNC

PNC Financial Services Group Inc

NYSE: PNC · FINANCIAL SERVICES · BANKS - REGIONAL

$223.00
+1.96% today

Updated 2026-04-30

Market cap
$88.22B
P/E ratio
12.71
P/S ratio
3.83x
EPS (TTM)
$17.21
Dividend yield
3.03%
52W range
$158 – $242
Volume
2.5M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

PNC Financial Services Group Inc (PNC) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$223.00
Consensus
$238.28
+6.85%
2030 Target
$937.82
+320.55%
DCF
—
—
19 analysts:
8 Buy6 Hold0 Sell

Management guidance

PNC management provided bullish 2026 outlook at Q4 2025 earnings (early 2026). FirstBank acquisition completion driving inorganic growth. Management indicated strong operating leverage and capital return acceleration, with EPS growth of 12-21% anticipated. Specific revenue targets not explicitly stated in available guidance, but $7B net income in 2025 and 21% EPS growth suggest management expects continued double-digit earnings expansion through operating leverage and scale benefits from FirstBank integration.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$1,577.24
$31.2B Rev × 20x P/S
Base case (2030)
$937.82
$31.2B Rev × 12x P/S
Bear case (2030)
$618.11
$31.2B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$31.9B$33.7B$31.3B$26.0B$27.2B$28.5B$29.8B$31.2B
Revenue growth—5.6%-7.0%16.5%4.6%4.8%4.7%4.5%
EPS$14.10$14.20$16.59$18.61$20.88$23.45$26.27$29.37
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$788.62$831.25$852.56$895.19$937.82

Catalysts & risks

Growth catalysts
+ FirstBank acquisition integration driving revenue and cost synergies through 2027-2028
+ Expansion into high-growth markets (Florida, Texas, Southwest) via BBVA USA and FirstBank platforms
+ Wealth management and Premier Client product traction among mass-affluent and emerging affluent segments
+ Operating leverage from digital transformation and AI-driven efficiency initiatives
+ Capital return acceleration with elevated share repurchase authorization
Key risks
- Economic recession reducing loan demand and net interest margin compression
- Integration execution risks with FirstBank acquisition affecting cost synergy realization
- Rising credit losses if consumer/commercial credit quality deteriorates
- Regulatory headwinds and capital requirement constraints limiting growth investments
- Competitive pressure from larger banks (JPM, BAC, WFC) in wealth and commercial segments

Methodology

PNC Financial Services Group Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 19 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.