PNC Shares Fall 1.03% Amid Mixed Earnings as 1.3M Volume Ranks 411th in Daily Trading Activity

PNC Financial Services (PNC) closed at $189.29 on August 15, 2025, with a 1.03% decline in after-hours trading. The stock traded a volume of 1.3 million shares, ranking 411th in daily trading activity. Recent earnings results highlighted mixed performance: adjusted earnings per share (EPS) of $3.85 exceeded estimates, driven by a 7.7% increase in net interest income (NII) and a 2.3% sequential rise in total loans to $326.3 billion. However, fee income fell due to lower mortgage-related revenue, and non-interest expenses rose slightly, tempering gains.

Capital returns to shareholders remained robust, with $1 billion distributed through dividends and share repurchases in Q2. The company forecasts 3% growth in NII and 3-4% higher fee income in Q3, while projecting loan balances to expand 1% sequentially. Despite these measures, credit losses increased year-over-year, with provisions for credit losses rising 8.1% to $254 million. The efficiency ratio improved to 60%, reflecting better cost management, and the common equity tier 1 capital ratio reached 10.5%, up from 10.2% in 2024.

Analysts note a weak growth score for PNC, though momentum and value metrics remain neutral. The Zacks Rank #3 (Hold) suggests limited directional bias in the near term. Market sentiment appears cautious, with the stock underperforming the S&P 500 by 0.7% since its last earnings report. Management’s guidance for 2025 includes a projected 7% rise in NII and 6% higher total revenues compared to 2024, but these figures depend on continued loan growth and stable credit conditions.

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