
PNC Stock Forecast & Price Target
PNC Analyst Ratings
Bulls say
PNC Financial Services Group is demonstrating robust financial performance, particularly with a significant 35% year-over-year growth in capital markets fees and an 8% increase in non-interest income, leading to a total of $2.3 billion, with fee income up 6%. The bank's net interest income of $3.7 billion aligns with expectations, and its core pre-provision earnings were 6% above prior estimates, indicating a healthy growth trajectory supported by the asset repricing expected to drive net interest income in the future. Additionally, PNC's strategic expansion efforts, bolstered by strong demand in the commercial real estate sector and healthy consumer deposit growth, underscore a positive outlook for continued revenue enhancement and operational resilience.
Bears say
PNC Financial Services Group's recent financial performance has indicated a concerning outlook, as evidenced by a 3.9% decline in stock value despite surpassing earnings expectations. Key risks impacting the stock include potential deterioration in loan credit quality, which could necessitate increased provisions for loan losses, and significant exposure to interest rate sensitivity that may affect the bank's balance sheet. Furthermore, uncertainties regarding capital market disruptions, rising mortgage-related costs, and the risks associated with potentially overpaying for acquisitions contribute to a cautious assessment of PNC's financial stability and future profitability.
This aggregate rating is based on analysts' research of PNC Financial Services and is not a guaranteed prediction by Public.com or investment advice.
PNC Analyst Forecast & Price Prediction
Start investing in PNC
Order type
Buy in
Order amount
Est. shares
0 shares