PNC Financial Net Worth
PNC Financial Net Worth Breakdown | PNC |
PNC Financial Net Worth Analysis
PNC Financial's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including PNC Financial's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of PNC Financial's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform PNC Financial's net worth analysis. One common approach is to calculate PNC Financial's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares PNC Financial's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing PNC Financial's net worth. This approach calculates the present value of PNC Financial's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of PNC Financial's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate PNC Financial's net worth. This involves comparing PNC Financial's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into PNC Financial's net worth relative to its peers.
Enterprise Value |
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To determine if PNC Financial is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding PNC Financial's net worth research are outlined below:
| PNC Financial generated a negative expected return over the last 90 days | |
| Over 85.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: North Reef Capital Management LP Has 250.49 Million Position in Comerica Incorporated |
PNC Financial Quarterly Good Will |
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PNC Financial uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in PNC Financial Services. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to PNC Financial's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 12th of April 2024 Upcoming Quarterly Report | View | |
| 16th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 21st of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
PNC Financial Target Price Consensus
PNC target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. PNC Financial's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 23 | Buy |
Most PNC analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand PNC stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of PNC Financial Services, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationPNC Financial Target Price Projection
PNC Financial's current and average target prices are 160.69 and 195.56, respectively. The current price of PNC Financial is the price at which PNC Financial Services is currently trading. On the other hand, PNC Financial's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
PNC Financial Market Quote on 2nd of May 2025
Target Price
Analyst Consensus On PNC Financial Target Price
Know PNC Financial's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as PNC Financial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading PNC Financial Services backward and forwards among themselves. PNC Financial's institutional investor refers to the entity that pools money to purchase PNC Financial's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Norges Bank | 2024-12-31 | 7 M | Amvescap Plc. | 2024-12-31 | 5.3 M | Aristotle Capital Management Llc | 2024-12-31 | 5 M | Ameriprise Financial Inc | 2024-12-31 | 4.8 M | Northern Trust Corp | 2024-12-31 | 4.7 M | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 4.4 M | Bank Of New York Mellon Corp | 2024-12-31 | 3.9 M | Royal Bank Of Canada | 2024-12-31 | 3.6 M | Ubs Asset Mgmt Americas Inc | 2024-12-31 | 3.3 M | Vanguard Group Inc | 2024-12-31 | 37.7 M | Blackrock Inc | 2024-12-31 | 32.9 M |
Follow PNC Financial's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 63.56 B.Market Cap |
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Project PNC Financial's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.11 | 0.13 |
When accessing PNC Financial's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures PNC Financial's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of PNC Financial's profitability and make more informed investment decisions.
Please note, the presentation of PNC Financial's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, PNC Financial's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of PNC Financial's management manipulating its earnings.
Evaluate PNC Financial's management efficiency
PNC Financial Services has Return on Asset of 0.0109 % which means that on every $100 spent on assets, it made $0.0109 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1133 %, implying that it generated $0.1133 on every 100 dollars invested. PNC Financial's management efficiency ratios could be used to measure how well PNC Financial manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0.13, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, PNC Financial's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 565.4 B, whereas Total Current Assets are forecasted to decline to about 6.6 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 136.51 | 91.18 | |
| Tangible Book Value Per Share | 99.81 | 78.68 | |
| Enterprise Value Over EBITDA | 1.74 | 1.66 | |
| Price Book Value Ratio | 1.41 | 1.75 | |
| Enterprise Value Multiple | 1.74 | 1.66 | |
| Price Fair Value | 1.41 | 1.75 | |
| Enterprise Value | 22.5 B | 23.6 B |
Leadership effectiveness at PNC Financial Services is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Enterprise Value Revenue 5.8875 | Revenue | Quarterly Revenue Growth 0.049 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific PNC Financial insiders, such as employees or executives, is commonly permitted as long as it does not rely on PNC Financial's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases PNC Financial insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
PNC Financial Corporate Filings
F4 | 29th of April 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 25th of April 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 16th of April 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
| 12th of March 2025 Other Reports | ViewVerify |
PNC Financial Earnings Estimation Breakdown
The calculation of PNC Financial's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of PNC Financial is estimated to be 3.5732 with the future projection ranging from a low of 3.49 to a high of 3.69. Please be aware that this consensus of annual earnings estimates for PNC Financial Services is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
3.49 Lowest | Expected EPS | 3.69 Highest |
PNC Financial Earnings Projection Consensus
Suppose the current estimates of PNC Financial's value are higher than the current market price of the PNC Financial stock. In this case, investors may conclude that PNC Financial is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and PNC Financial's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of June 2025 | Current EPS (TTM) | |
| 22 | 91.17% | 3.51 | 3.5732 | 14.15 |
PNC Financial Earnings per Share Projection vs Actual
Actual Earning per Share of PNC Financial refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering PNC Financial Services predict the company's earnings will be in the future. The higher the earnings per share of PNC Financial, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.PNC Financial Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as PNC Financial, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of PNC Financial should always be considered in relation to other companies to make a more educated investment decision.PNC Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact PNC Financial's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2025-04-15 | 2025-03-31 | 3.38 | 3.51 | 0.13 | 3 | ||
2025-01-16 | 2024-12-31 | 3.33 | 3.93 | 0.6 | 18 | ||
2024-10-15 | 2024-09-30 | 3.3 | 3.75 | 0.45 | 13 | ||
2024-07-16 | 2024-06-30 | 2.98 | 3.3 | 0.32 | 10 | ||
2024-04-16 | 2024-03-31 | 3.01 | 3.36 | 0.35 | 11 | ||
2024-01-16 | 2023-12-31 | 2.94 | 3.16 | 0.22 | 7 | ||
2023-10-13 | 2023-09-30 | 3.11 | 3.6 | 0.49 | 15 | ||
2023-07-18 | 2023-06-30 | 3.28 | 3.36 | 0.08 | 2 | ||
2023-04-14 | 2023-03-31 | 3.67 | 3.98 | 0.31 | 8 | ||
2023-01-18 | 2022-12-31 | 3.95 | 3.47 | -0.48 | 12 | ||
2022-10-14 | 2022-09-30 | 3.69 | 3.78 | 0.09 | 2 | ||
2022-07-15 | 2022-06-30 | 3.12 | 3.39 | 0.27 | 8 | ||
2022-04-14 | 2022-03-31 | 2.73 | 3.23 | 0.5 | 18 | ||
2022-01-18 | 2021-12-31 | 3.16 | 2.86 | -0.3 | 9 | ||
2021-10-15 | 2021-09-30 | 3.2 | 3.3 | 0.1 | 3 | ||
2021-07-14 | 2021-06-30 | 3.1 | 4.5 | 1.4 | 45 | ||
2021-04-16 | 2021-03-31 | 2.75 | 4.1 | 1.35 | 49 | ||
2021-01-15 | 2020-12-31 | 2.62 | 3.26 | 0.64 | 24 | ||
2020-10-14 | 2020-09-30 | 2.12 | 3.39 | 1.27 | 59 | ||
2020-07-15 | 2020-06-30 | 0.51 | -1.9 | -2.41 | 472 | ||
2020-04-15 | 2020-03-31 | 1.71 | 1.95 | 0.24 | 14 | ||
2020-01-15 | 2019-12-31 | 2.93 | 2.97 | 0.04 | 1 | ||
2019-10-16 | 2019-09-30 | 2.8 | 2.94 | 0.14 | 5 | ||
2019-07-17 | 2019-06-30 | 2.82 | 2.88 | 0.06 | 2 | ||
2019-04-12 | 2019-03-31 | 2.61 | 2.61 | 0.0 | 0 | ||
2019-01-16 | 2018-12-31 | 2.78 | 2.75 | -0.03 | 1 | ||
2018-10-12 | 2018-09-30 | 2.72 | 2.82 | 0.1 | 3 | ||
2018-07-13 | 2018-06-30 | 2.58 | 2.72 | 0.14 | 5 | ||
2018-04-13 | 2018-03-31 | 2.43 | 2.43 | 0.0 | 0 | ||
2018-01-12 | 2017-12-31 | 2.2 | 2.29 | 0.09 | 4 | ||
2017-10-13 | 2017-09-30 | 2.13 | 2.16 | 0.03 | 1 | ||
2017-07-14 | 2017-06-30 | 2.02 | 2.1 | 0.08 | 3 | ||
2017-04-13 | 2017-03-31 | 1.84 | 1.96 | 0.12 | 6 | ||
2017-01-13 | 2016-12-31 | 1.84 | 1.97 | 0.13 | 7 | ||
2016-10-14 | 2016-09-30 | 1.78 | 1.84 | 0.06 | 3 | ||
2016-07-15 | 2016-06-30 | 1.75 | 1.82 | 0.07 | 4 | ||
2016-04-14 | 2016-03-31 | 1.7 | 1.68 | -0.02 | 1 | ||
2016-01-15 | 2015-12-31 | 1.8 | 1.87 | 0.07 | 3 | ||
2015-10-14 | 2015-09-30 | 1.79 | 1.9 | 0.11 | 6 | ||
2015-07-15 | 2015-06-30 | 1.76 | 1.88 | 0.12 | 6 | ||
2015-04-15 | 2015-03-31 | 1.72 | 1.75 | 0.03 | 1 | ||
2015-01-16 | 2014-12-31 | 1.74 | 1.84 | 0.1 | 5 | ||
2014-10-15 | 2014-09-30 | 1.71 | 1.79 | 0.08 | 4 | ||
2014-07-16 | 2014-06-30 | 1.78 | 1.85 | 0.07 | 3 | ||
2014-04-16 | 2014-03-31 | 1.66 | 1.82 | 0.16 | 9 | ||
2014-01-16 | 2013-12-31 | 1.65 | 1.85 | 0.2 | 12 | ||
2013-10-16 | 2013-09-30 | 1.62 | 1.79 | 0.17 | 10 | ||
2013-07-17 | 2013-06-30 | 1.63 | 1.71 | 0.08 | 4 | ||
2013-04-17 | 2013-03-31 | 1.57 | 1.78 | 0.21 | 13 | ||
2013-01-17 | 2012-12-31 | 1.57 | 1.71 | 0.14 | 8 | ||
2012-10-16 | 2012-09-30 | 1.59 | 1.47 | -0.12 | 7 | ||
2012-07-18 | 2012-06-30 | 1.23 | 1.2 | -0.03 | 2 | ||
2012-04-18 | 2012-03-31 | 1.42 | 1.49 | 0.07 | 4 | ||
2012-01-18 | 2011-12-31 | 1.41 | 1.15 | -0.26 | 18 | ||
2011-10-19 | 2011-09-30 | 1.49 | 1.55 | 0.06 | 4 | ||
2011-07-20 | 2011-06-30 | 1.46 | 1.67 | 0.21 | 14 | ||
2011-04-21 | 2011-03-31 | 1.36 | 1.57 | 0.21 | 15 | ||
2011-01-20 | 2010-12-31 | 1.38 | 1.5 | 0.12 | 8 | ||
2010-10-21 | 2010-09-30 | 1.36 | 2.07 | 0.71 | 52 | ||
2010-07-22 | 2010-06-30 | 1.28 | 1.47 | 0.19 | 14 | ||
2010-04-22 | 2010-03-31 | 0.71 | 0.66 | -0.05 | 7 | ||
2010-01-21 | 2009-12-31 | 0.78 | 2.17 | 1.39 | 178 | ||
2009-10-22 | 2009-09-30 | 0.31 | 1.0 | 0.69 | 222 | ||
2009-07-23 | 2009-06-30 | 0.45 | 0.14 | -0.31 | 68 | ||
2009-04-23 | 2009-03-31 | 0.42 | 1.03 | 0.61 | 145 | ||
2009-02-03 | 2008-12-31 | 0.75 | -0.77 | -1.52 | 202 | ||
2008-10-16 | 2008-09-30 | 0.88 | 0.71 | -0.17 | 19 | ||
2008-07-17 | 2008-06-30 | 1.16 | 1.45 | 0.29 | 25 | ||
2008-04-17 | 2008-03-31 | 1.18 | 1.09 | -0.09 | 7 | ||
2008-01-17 | 2007-12-31 | 1.07 | 1.07 | 0.0 | 0 | ||
2007-10-18 | 2007-09-30 | 1.35 | 1.37 | 0.02 | 1 | ||
2007-07-19 | 2007-06-30 | 1.36 | 1.25 | -0.11 | 8 | ||
2007-04-18 | 2007-03-31 | 1.32 | 1.38 | 0.06 | 4 | ||
2007-01-23 | 2006-12-31 | 1.3 | 1.3 | 0.0 | 0 | ||
2006-10-31 | 2006-09-30 | 1.23 | 1.28 | 0.05 | 4 | ||
2006-07-19 | 2006-06-30 | 1.23 | 1.28 | 0.05 | 4 | ||
2006-04-20 | 2006-03-31 | 1.17 | 1.19 | 0.02 | 1 | ||
2006-01-19 | 2005-12-31 | 1.12 | 1.2 | 0.08 | 7 | ||
2005-10-20 | 2005-09-30 | 1.05 | 1.14 | 0.09 | 8 | ||
2005-07-19 | 2005-06-30 | 1.05 | 1.06 | 0.01 | 0 | ||
2005-04-21 | 2005-03-31 | 1.01 | 1.08 | 0.07 | 6 | ||
2005-01-21 | 2004-12-31 | 1.04 | 1.08 | 0.04 | 3 | ||
2004-10-20 | 2004-09-30 | 1.03 | 0.91 | -0.12 | 11 | ||
2004-07-21 | 2004-06-30 | 1.02 | 1.07 | 0.05 | 4 | ||
2004-04-21 | 2004-03-31 | 0.98 | 1.15 | 0.17 | 17 | ||
2004-01-21 | 2003-12-31 | 0.99 | 1.08 | 0.09 | 9 | ||
2003-10-16 | 2003-09-30 | 0.96 | 1.0 | 0.04 | 4 | ||
2003-07-21 | 2003-06-30 | 0.93 | 0.96 | 0.03 | 3 | ||
2003-04-17 | 2003-03-31 | 0.93 | 0.92 | -0.01 | 1 | ||
2003-01-16 | 2002-12-31 | 0.93 | 0.97 | 0.04 | 4 | ||
2002-10-17 | 2002-09-30 | 1.04 | 1.0 | -0.04 | 3 | ||
2002-07-18 | 2002-06-30 | 1.11 | 1.12 | 0.01 | 0 | ||
2002-04-19 | 2002-03-31 | 1.08 | 1.11 | 0.03 | 2 | ||
2002-01-17 | 2001-12-31 | 1 | 1.01 | 0.01 | 1 | ||
2001-10-18 | 2001-09-30 | 1.05 | 1.05 | 0.0 | 0 | ||
2001-07-19 | 2001-06-30 | 1.08 | 1.1 | 0.02 | 1 | ||
2001-04-19 | 2001-03-31 | 1.09 | 1.03 | -0.06 | 5 | ||
2001-01-18 | 2000-12-31 | 1.12 | 1.13 | 0.01 | 0 | ||
2000-10-19 | 2000-09-30 | 1.09 | 1.11 | 0.02 | 1 | ||
2000-07-13 | 2000-06-30 | 1.06 | 1.06 | 0.0 | 0 | ||
2000-04-13 | 2000-03-31 | 1.02 | 1.03 | 0.01 | 0 | ||
2000-01-13 | 1999-12-31 | 1.01 | 1.01 | 0.0 | 0 | ||
1999-10-20 | 1999-09-30 | 0.99 | 1.0 | 0.01 | 1 | ||
1999-07-15 | 1999-06-30 | 0.96 | 0.98 | 0.02 | 2 | ||
1999-04-22 | 1999-03-31 | 0.94 | 0.94 | 0.0 | 0 | ||
1999-01-19 | 1998-12-31 | 0.92 | 0.92 | 0.0 | 0 | ||
1998-10-15 | 1998-09-30 | 0.91 | 0.91 | 0.0 | 0 | ||
1998-07-16 | 1998-06-30 | 0.89 | 0.92 | 0.03 | 3 | ||
1998-04-14 | 1998-03-31 | 0.86 | 0.87 | 0.01 | 1 | ||
1998-01-15 | 1997-12-31 | 0.85 | 0.85 | 0.0 | 0 | ||
1997-10-15 | 1997-09-30 | 0.83 | 0.83 | 0.0 | 0 | ||
1997-07-16 | 1997-06-30 | 0.81 | 0.81 | 0.0 | 0 | ||
1997-04-15 | 1997-03-31 | 0.79 | 0.8 | 0.01 | 1 | ||
1997-01-15 | 1996-12-31 | 0.78 | 0.79 | 0.01 | 1 | ||
1996-10-10 | 1996-09-30 | 0.75 | 0.75 | 0.0 | 0 | ||
1996-07-15 | 1996-06-30 | 0.71 | 0.72 | 0.01 | 1 | ||
1996-04-17 | 1996-03-31 | 0.66 | 0.69 | 0.03 | 4 | ||
1996-01-24 | 1995-12-31 | 0.62 | 0.6 | -0.02 | 3 |
PNC Financial Corporate Directors
| Andrew Feldstein | Lead Independent Director | Profile | |
| Linda Medler | Independent Director | Profile | |
| Richard Harshman | Independent Director | Profile | |
| Daniel Hesse | Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PNC Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PNC Financial. If investors know PNC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PNC Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.134 | Dividend Share 6.35 | Earnings Share 14.15 | Revenue Per Share | Quarterly Revenue Growth 0.049 |
The market value of PNC Financial Services is measured differently than its book value, which is the value of PNC that is recorded on the company's balance sheet. Investors also form their own opinion of PNC Financial's value that differs from its market value or its book value, called intrinsic value, which is PNC Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PNC Financial's market value can be influenced by many factors that don't directly affect PNC Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PNC Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if PNC Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PNC Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.