PNC FINANCIAL SERVICES GROUP (PNC)
US6934751057 - Common Stock
Overall PNC gets a fundamental rating of 3 out of 10. We evaluated PNC against 411 industry peers in the Banks industry. PNC may be in some trouble as it scores bad on both profitability and health. PNC has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
PNC had positive earnings in the past year.
PNC had a positive operating cash flow in the past year.
PNC had positive earnings in each of the past 5 years.
Each year in the past 5 years PNC had a positive operating cash flow.
1.2 Ratios
PNC has a Return On Assets of 0.91%. This is comparable to the rest of the industry: PNC outperforms 53.77% of its industry peers.
PNC has a Return On Equity of 10.03%. This is comparable to the rest of the industry: PNC outperforms 58.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.91% | ||
| ROE | 10.03% | ||
| ROIC | N/A |
ROA(3y)0.97%
ROA(5y)1.14%
ROE(3y)10.74%
ROE(5y)11.21%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
PNC has a Profit Margin of 23.85%. This is comparable to the rest of the industry: PNC outperforms 47.69% of its industry peers.
In the last couple of years the Profit Margin of PNC has declined.
PNC does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 23.85% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-17.85%
PM growth 5Y-5.2%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
PNC does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for PNC has been reduced compared to 1 year ago.
PNC has less shares outstanding than it did 5 years ago.
The debt/assets ratio for PNC is higher compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of PNC is 3.44, which is a good value as it means it would take PNC, 3.44 years of fcf income to pay off all of its debts.
PNC has a Debt to FCF ratio of 3.44. This is comparable to the rest of the industry: PNC outperforms 42.09% of its industry peers.
PNC has a Debt/Equity ratio of 0.68. This is a neutral value indicating PNC is somewhat dependend on debt financing.
The Debt to Equity ratio of PNC (0.68) is worse than 75.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 3.44 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.52%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
PNC shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.66%.
PNC shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.63% yearly.
Looking at the last year, PNC shows a small growth in Revenue. The Revenue has grown by 1.75% in the last year.
PNC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.83% yearly.
EPS 1Y (TTM)1.66%
EPS 3Y28.15%
EPS 5Y5.63%
EPS growth Q2Q-8.93%
Revenue 1Y (TTM)1.75%
Revenue growth 3Y8.34%
Revenue growth 5Y5.83%
Revenue growth Q2Q-6.98%
3.2 Future
The Earnings Per Share is expected to grow by 3.40% on average over the next years.
PNC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.23% yearly.
EPS Next Y-11%
EPS Next 2Y0.67%
EPS Next 3Y5.59%
EPS Next 5Y3.4%
Revenue Next Year-0.93%
Revenue Next 2Y1.95%
Revenue Next 3Y3%
Revenue Next 5Y3.23%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.09, which indicates a very decent valuation of PNC.
Based on the Price/Earnings ratio, PNC is valued a bit more expensive than 62.04% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.20, PNC is valued rather cheaply.
A Price/Forward Earnings ratio of 12.46 indicates a correct valuation of PNC.
62.77% of the companies in the same industry are cheaper than PNC, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 21.63. PNC is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.09 | ||
| Fwd PE | 12.46 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, PNC is valued a bit cheaper than the industry average as 78.83% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.15 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.97
EPS Next 2Y0.67%
EPS Next 3Y5.59%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.93%, PNC has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.86, PNC has a dividend in line with its industry peers.
PNC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.93% |
5.2 History
On average, the dividend of PNC grows each year by 12.77%, which is quite nice.
PNC has been paying a dividend for at least 10 years, so it has a reliable track record.
As PNC did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)12.77%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
56.15% of the earnings are spent on dividend by PNC. This is a bit on the high side, but may be sustainable.
The dividend of PNC is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP56.15%
EPS Next 2Y0.67%
EPS Next 3Y5.59%
PNC FINANCIAL SERVICES GROUP
NYSE:PNC (4/25/2024, 6:00:00 PM)
After market: 156.3 0 (0%)156.3
-1.76 (-1.11%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap62.18B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.93% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.09 | ||
| Fwd PE | 12.46 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.91% | ||
| ROE | 10.03% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 23.85% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)1.66%
EPS 3Y28.15%
EPS 5Y
EPS growth Q2Q
EPS Next Y-11%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)1.75%
Revenue growth 3Y8.34%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y