PNC Financial Services Group, Inc. (PNC) is a Pittsburgh, Pennsylvania-based company with a market cap of $76 billion. It offers retail banking, corporate and institutional banking, and asset management services. PNC provides regional banking, wholesale banking, and asset management services nationally and in its primary regional markets.

Shares of PNC have underperformed the broader market over the past year. PNC gained 12.3% versus the S&P 500’s nearly 12.5% rally. In 2025, PNC stock is down 1.1% compared to the S&P 500’s 8.7% rise on a YTD basis. PNC has also struggled to keep up with the iShares U.S. Regional Banks ETF (IAT), which has gained about 11.5% over the past year and 2% in 2025.

On July 16, PNC Financial Services reported second‑quarter earnings, and its shares climbed 1.1% the following trading session. The company posted a net income of $3.85 per diluted share, up from $3.39 per share a year earlier. Total revenue rose 4% year‑over‑year to $5.7 billion, supported by $3.6 billion in net interest income from loan growth and asset repricing, and $2.1 billion in noninterest income, with strong contributions from capital markets and asset management. For the current fiscal year ending in December, analysts expect PNC’s EPS to grow 11.4% to $15.50 on a diluted basis. PNC has a strong earnings‑surprise history, beating the consensus estimate in each of the last four quarters. Among the 24 analysts covering PNC, the consensus rating is a “Moderate Buy,” based on 13 “Strong Buy,” two “Moderate Buy,” eight “Hold,” and one “Strong Sell” ratings. The current configuration has 12 analysts suggesting a “Strong Buy.”

On July 30, Oppenheimer upgraded PNC Financial Services to “Outperform” from “Perform” with a $238 price target, citing the stock’s underperformance relative to its peers and the broader market, while highlighting PNC as a well‑managed, high‑quality, and consistently profitable regional bank. The mean price target of $214.23 represents a 9.9% premium to PNC’s current price levels.

PNC Financial Services Stock: Is Wall Street Bullish or Bearish?

The article examines PNC Financial Services Group, Inc.’s recent performance, earnings, and analyst sentiment. PNC’s market cap is $76 billion, but its stock has lagged the S&P 500 and the iShares U.S. Regional Banks ETF over the past year. In Q2 2025, PNC reported higher earnings per share and 4 % revenue growth, with analysts projecting an 11.4 % EPS increase for the year. Despite a strong earnings‑surprise record, the stock remains underpriced relative to peers; Oppenheimer upgraded it to “Outperform” with a $238 target, citing its quality and profitability.