Stock fact sheet · data as of
The PNC Financial Services Group, Inc. (PNC): fair value, margin of safety and Wheel Score
Financial Services · Banks - Regional · United States · Value
Is PNC undervalued?
At 215.80 (close of 16 Oct 2026), PNC trades 10% over the GLS average fair value of 196.12. 3 of the 9 models land above the price and 6 below. A negative margin of safety costs Value points in the Wheel Score (8 of 25 here) - the models see no discount, which does not make the business a poor one, only the price a full one.
There is a wide gap between Lynch (15.08) and 10 Cap (454.66). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files PNC under Value: positive earnings at a P/E of 18 or less.
Nine valuation models for PNC
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 145.36 | -33% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 259.47 | +20% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 186.43 | -14% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 15.08 | -93% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 41.89 | -81% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 454.66 | +111% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 343.53 | +59% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 108.89 | -50% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 209.82 | -3% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -1,159.44 | -637% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 276.13 | +28% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
The PNC Financial Services Group, Inc. scores only 4 of 9 on the Piotroski F-score, which fails the Sunday Scan's "6 or more" rule. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. On durability PNC scores 5.6/10 on the GLS Moat - a middle reading; the Scorecard on the Quote page's Financials tab shows which ten-year lines are steady and which are not.
Returns on capital are moderate - ROIC 5.9%, ROE 11.4%, ROA 1.2% - with debt at 0.94 times equity and a free-cash-flow yield of 8.7%.
The dividend yield is 3.43% at a payout ratio of 40%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Retail Banking 55%, Corporate & Institutional Banking 40%, Asset Management Group 6% (quarter Q2 FY2026).
Institutional ownership scores 10/10, insider activity 1/10 and Congressional trading 10/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | 5.9% |
|---|---|---|---|
| GLS Moat | 5.6 / 10 | ROE | 11.4% |
| Debt / equity | 0.94 | ROA | 1.2% |
| Free-cash-flow yield | 8.7% | Payout ratio | 40% |
| Institutions | 10 / 10 | Insiders · Congress | 1 · 10 / 10 |
Wheel Score 61: Fair
A Wheel Score of 61 puts The PNC Financial Services Group, Inc. in the Fair band - below the 70 the Sunday Scan requires. Value 8/25, Health 9/20, Moat 8/15, Premium 16/20 and Stability 20/20; the weakest part is Value (8/25).
Implied volatility is 31% on the near-the-money contracts 20-60 days out: some premium, but under the 35-60% range the Wheel Score pays full marks for (16 of 20 points). Chain open interest is 40,239 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 3.2M shares a day on a market cap of $86.1B, with a beta of 0.93; the Stability part of the Wheel Score gives that 20 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 8 / 25 | -10% margin of safety | |
| Health | 9 / 20 | Piotroski 4/9 | |
| Moat | 8 / 15 | moat 5.6/10 | |
| Premium | 16 / 20 | implied volatility 31% | |
| Stability | 20 / 20 | 3.2M shares/day, $86.1B cap, beta 0.93 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for PNC in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks - Regional
The 12 companies below are the closest to The PNC Financial Services Group, Inc. by market cap within the Banks - Regional industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| USB U.S. Bancorp | 56.26 | 86.70 | +35% | 90Prime | $87.7B |
| LYG Lloyds Banking Group plc | 5.47 | 8.37 | +35% | 80Prime | $79.3B |
| NU Nu Holdings Ltd. | 14.73 | 22.78 | +35% | 86Prime | $71.2B |
| IBN ICICI Bank Limited | 29.44 | 219.42 | +87% | 45Weak | $105.7B |
| DB Deutsche Bank AG | 32.86 | 82.93 | +60% | 80Prime | $61.7B |
| HDB HDFC Bank Limited | 23.53 | 953.25 | +98% | 90Prime | $120.7B |
| MFG Mizuho Financial Group, Inc. | 10.22 | 1,012.85 | +99% | 88Prime | $128.5B |
| TFC Truist Financial Corporation | 45.57 | 84.17 | +46% | 85Prime | $55.7B |
| FITBI Fifth Third Bancorp | 25.36 | 45.99 | +45% | 39No options | $50.5B |
| FITB Fifth Third Bancorp | 50.35 | 64.33 | +22% | 82Prime | $45.7B |
| BBD Banco Bradesco S.A. | 4.03 | 44.33 | +91% | 86Prime | $43.5B |
| BSBR Banco Santander (Brasil) S.A. | 5.59 | 22.36 | +75% | 71Good | $41.9B |
⚖ Compare PNC with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about PNC
Is PNC undervalued right now?
No: at 215.80 the stock trades 10% above the GLS average fair value of 196.12 (data as of 16 Oct 2026). The margin of safety is negative.
What is the Wheel Score of PNC and what does it mean?
PNC scores 61 out of 100 (Fair). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for PNC?
196.12 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does The PNC Financial Services Group, Inc. report earnings next?
No upcoming earnings date is recorded for PNC in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does PNC have listed options, and how liquid are they?
Yes. The nightly snapshot found 1,000 listed contracts with 40,239 open interest across all expiries and implied volatility of 31% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.