PNC Stock Forecast & Price Target

PNC Financial Services Group demonstrated strong financial performance with a notable year-over-year growth in capital markets fees at 35%, contributing to an improvement in non-interest income, which was 8% higher year-over-year. The bank's tangible book value per share increased by 4.3% sequentially and 18% year-over-year, reaching $112.51, reflecting robust momentum across various business lines. Additionally, PNC's asset base expanded significantly following the acquisition of FirstBank, further solidifying its position as a top super-regional bank in the United States.

PNC Financial Services Group has experienced a decline in total loan yield, dropping to 5.60% in 4Q25 from 5.76% in the prior quarter, indicating potential challenges in loan profitability. Additionally, despite its strong noninterest income performance, macroeconomic concerns, particularly related to inflation and policy uncertainty, raise risks around credit quality, which could necessitate higher provisions in the future. The CET1 ratio, while stable, shows marginal fluctuation, reflecting contained but limited capital growth, amid a corporate landscape heightened by tariff policies and potential economic downturns.