PNCPNC Financial Services Group Inc.
- Next report
- No date yet
- none in the next 8 weeks
- Last result
- $5.09Beat
- vs $4.97 expected on Oct 15
- Stock move on it
- −0.40%
- one session
- Typical move
- ±0.7%
- average over 2 reports
- Price
- $231.05
- −0.41% today · $99.2B cap
Past and upcoming reports
2
| Oct 15, 2026 | Sep 30, 2026 | Time not given | $4.97 | Beat$5.09 | −0.40% |
| Jul 15, 2026 | Jun 30, 2026 | Time not given | $4.52 | Beat$4.85 | +0.90% |
After the report
Jul 15, 2026 report
This covers the Jul 15, 2026 report. The Oct 15, 2026 numbers are in the table above.
PNC beats Q2 EPS by 7.5%, loan growth story confirmed
PNC reported Q2 EPS of $4.85, beating the $4.51 estimate by 7.5%. The stock ticked down 0.9% two days after the print, suggesting the beat was largely priced in after a strong pre-earnings run. The earnings narrative centered on a loan growth inflection, which management framed as the primary catalyst for accelerating earnings. With a forward P/E of 11.6 (22% below sector) and TTM EPS growth of 21.5%, the setup remains attractive but requires monitoring of commercial loan demand, net interest margin, and insider selling trends.
Reported against expected
BeatEPS $4.85 vs. estimate $4.51. beat by 7.5% (surprise +$0.34).
Guidance
Guidance not explicitly provided but tone strongly positive on loan growth trajectory. management highlighted a loan growth inflection as the earnings driver.
How the stock reacted
Stock at $252.86, down -0.92% on the second trading day after earnings (event-day reaction unavailable).
What changed
EPS beat 7.5%, loan growth inflection confirmed as earnings catalyst.
What the price now assumes
Slight decline suggests the pre-earnings rally (+7.7% 1M) already priced in the beat, with caution on commercial loan sustainability.
What it means for the business
Upgrade bias: cheap valuation and loan growth catalyst support accumulation. watch Q3 commercial loan pipeline data.
The next one to three months, as we saw it then
Better case30%
Loan growth accelerates QoQ, net interest margin expands, and EPS guidance is raised. Multiple re-rates toward sector average.
Base case50%
Loan growth continues at a moderate pace, NIM stabilizes, and EPS meets or slightly beats current estimates. Stock trades in a range reflecting fair value.
Worse case20%
Commercial loan demand disappoints, leading to a guidance cut. The stock's primary growth catalyst is removed, and valuation multiple contracts.
If you hold it
Hold unless commercial loan growth QoQ falls below 2% in Q3. then reduce position by 25%.
If you are watching
Add only if next-quarter guidance is reiterated or raised. avoid if guidance is cut or geopolitical risk escalates.
Scenario odds are a judgement, not measured.