PNC Financial Services Group shares touched a new 52-week high of $258.90 during yesterday's trading session before closing at $254.50. The stock has rallied 19.4% over the past three months, outpacing the industry's 19% gain, while peers Citigroup and Bank of America gained 15.5% and 26.0%, respectively. The company completed its FirstBank acquisition in January 2026, adding $26 billion of assets, $16 billion of loans and $23 billion of deposits, and management expects the deal to add nearly $1 per share to earnings by 2027. PNC raised its 2026 average loan growth outlook to 12.5% from 11% and its net interest income growth guidance to 15-15.5% from 14.5%, while the Zacks Consensus Estimate for 2026 revenues is pegged at $26.4 billion, indicating 13.6% year-over-year growth. The company also raised its quarterly dividend by 18% to $2 per share and returned $1.3 billion to shareholders in the second quarter, including $610 million in share repurchases.
PNC Financial Services Group IncRaises guidance, completes accretive acquisition, and boosts dividend/buybacks.
Bank of America Corp
FB Financial Corp
Citigroup Inc.