PNC Financial Analysts Raise Their Forecasts After Upbeat Q4 Earnings

Core Viewpoint - PNC Financial Services Group, Inc. reported strong fourth-quarter fiscal 2025 results, exceeding earnings and revenue expectations, indicating robust performance and growth potential for the company moving into 2026 [1][2]. Financial Performance - The bank's earnings per share for Q4 2025 were $4.88, surpassing the consensus estimate of $4.21 [1]. - Quarterly revenue reached $6.07 billion, exceeding the street's projection of $5.96 billion [1]. - The company achieved a 21% growth in earnings per share for the year [2]. Management Commentary - Chairman and CEO Bill Demchak highlighted the successful execution across all business lines, resulting in record revenue and well-controlled expenses [2]. - The company is entering 2026 with positive momentum and is optimistic about future opportunities, including the acquisition of FirstBank [2]. Analyst Ratings and Price Targets - Keefe, Bruyette & Woods analyst David Konrad maintained a Market Perform rating and raised the price target from $228 to $247 [4]. - Oppenheimer analyst Chris Kotowski maintained an Outperform rating and increased the price target from $268 to $284 [4]. - Wells Fargo analyst Mike Mayo maintained an Overweight rating and raised the price target from $252 to $264 [4]. - Morgan Stanley analyst Betsy Graseck maintained an Underweight rating and increased the price target from $211 to $221 [4]. - RBC Capital analyst Gerard Cassidy maintained an Outperform rating and boosted the price target from $222 to $235 [4].