PNC Stock Forecast & Price Target

PNC Financial Services Group reported strong capital markets fee growth of 35% year-over-year, contributing positively to its overall revenue performance with non-interest income exceeding expectations by 8%, totaling $2.3 billion. The bank's net interest income remained stable at $3.7 billion, with a promising outlook due to a healthy pipeline in capital markets and a favorable asset repricing trajectory expected to enhance net interest income next year. Additionally, PNC's solid deposit growth across consumer categories, with balances significantly elevated compared to pre-COVID levels, underscores its robust financial position and customer retention.

PNC Financial Services Group's stock experienced a decline of 3.9% despite reporting an earnings per share (EPS) of $4.35 for 3Q25, which surpassed expectations. Key risks impacting the bank's outlook include potential deterioration in loan credit quality leading to higher provisions for loan losses, as well as sensitivity to interest rate fluctuations that could adversely affect net interest income. Additionally, concerns regarding the market's perception of future acquisitions and the potential for overpaying, coupled with unanticipated revenue weakness, contribute to a cautious assessment of PNC's financial stability.