Stay Ahead of the Game With The PNC Financial Services Group (PNC) Q3 Earnings: Wall Street's Insights on Key Metrics

Core Insights - Analysts project that The PNC Financial Services Group, Inc (PNC) will report quarterly earnings of $4.05 per share, reflecting a 16.1% year-over-year increase [1] - Revenue is expected to reach $5.83 billion, marking a 7.3% increase from the same quarter last year [1] Earnings Estimates - The consensus EPS estimate has been revised upward by 0.2% over the past 30 days, indicating a collective reassessment by analysts [2] - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock [3] Key Financial Metrics - Total interest-earning assets are estimated to average $512.89 billion, down from $516.14 billion a year ago [5] - Book value per common share is projected at $134.52, up from $124.56 in the same quarter last year [5] - Total nonperforming assets are expected to be $2.21 billion, down from $2.61 billion a year ago [6] - The efficiency ratio is forecasted at 59.3%, improved from 61.0% in the same quarter last year [6] - Total nonperforming loans are estimated at $2.21 billion, down from $2.58 billion a year ago [6] Capital Ratios - The leverage ratio is expected to reach 9.3%, up from 8.9% a year ago [7] - The Tier 1 risk-based ratio is projected at 11.9%, slightly up from 11.8% in the same quarter last year [7] - Total capital risk-based is estimated at 14.1%, compared to 13.6% a year ago [7] Income Projections - Net interest income (Fully Taxable-Equivalent - FTE) is expected to be $3.69 billion, up from $3.44 billion in the same quarter last year [8] - Total Noninterest Income is projected at $2.13 billion, compared to $2.02 billion in the same quarter last year [8] Segment Performance - Capital markets and advisory revenue is expected to be $357.77 million, down from $371.00 million in the same quarter last year [9] - Card and cash management revenue is projected at $749.79 million, up from $698.00 million a year ago [9] Stock Performance - PNC shares have decreased by 6% over the past month, contrasting with a 3.5% increase in the Zacks S&P 500 composite [10] - PNC holds a Zacks Rank 3 (Hold), indicating expected performance in line with the overall market [10]