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PNC Financial Services Group (PNC Financial Services Group) Book Value per Share

: $128.40 (As of Dec. 2023)
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PNC Financial Services Group's book value per share for the quarter that ended in Dec. 2023 was $128.40.

During the past 12 months, PNC Financial Services Group's average Book Value Per Share Growth Rate was 12.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PNC Financial Services Group was 25.10% per year. The lowest was -1.70% per year. And the median was 6.10% per year.

PNC Financial Services Group's current price is $146.94. Its book value per share for the quarter that ended in Dec. 2023 was $128.40. Hence, today's PB Ratio of PNC Financial Services Group is 1.14.

During the past 13 years, the highest P/B Ratio of PNC Financial Services Group was 1.69. The lowest was 0.73. And the median was 1.17.


PNC Financial Services Group Book Value per Share Historical Data

The historical data trend for PNC Financial Services Group's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PNC Financial Services Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 113.89 127.47 132.61 114.15 128.40

PNC Financial Services Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 114.15 122.71 123.92 124.15 128.40

Competitive Comparison

For the Banks - Regional subindustry, PNC Financial Services Group's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PNC Financial Services Group PB Ratio Distribution

For the Banks industry and Financial Services sector, PNC Financial Services Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where PNC Financial Services Group's PB Ratio falls into.



PNC Financial Services Group Book Value per Share Calculation

PNC Financial Services Group's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(51,105-0)/398
=128.40

PNC Financial Services Group's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(51,105-0)/398
=128.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


PNC Financial Services Group  (NYSE:PNC) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


PNC Financial Services Group Book Value per Share Related Terms

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PNC Financial Services Group (PNC Financial Services Group) Business Description

Traded in Other Exchanges
Address
300 Fifth Avenue, The Tower at PNC Plaza, Pittsburgh, PA, USA, 15222-2401
PNC Financial Services Group is a diversified financial services company offering retail banking, corporate and institutional banking, asset management, and residential mortgage banking across the United States.
Executives
Guild Deborah officer: Executive Vice President 847 PERSIMMON ROAD, SEWICKLEY PA 15143
Bryan Scott Salesky director 2545 RAILROAD ST, SUITE 400, PITTSBURGH PA 15222
Joseph Alvarado director 705 N. BAR Y ROAD, P.O. BOX 11368, JACKSON WY 83002
Kieran John Fallon officer: Executive Vice President 17160 SPRING CREEK LANE, LEESBURG VA 20176
Michael P. Lyons officer: Executive Vice President 249 FIFTH AVENUE, 1PNC, PITTSBURGH PA 15222
William S Demchak officer: Vice Chairman and CFO THE TOWER AT PNC PLAZA, 300 FIFTH AVENUE, PITTSBURGH PA 15222-2707
Overstrom Alexander E. C. officer: Executive Vice President 643 PITCAIRN PLACE, PITTSBURGH PA 15232
Renu Khator director 11 GREENWAY PLAZA, SUITE 2400, HOUSTON TX 77046
Robert A Niblock director 1605 CURTIS BRIDGE ROAD, WILKESBORO NC 28697
Martin Pfinsgraff director 354 KINGSBERRY DRIVE, ANNAPOLIS MD 21409
Michael J Hannon officer: Chief Credit Policy Officer 249 FIFTH AVE, P1-POPP-30-1, PITTSBURGH PA 15222
Karen L. Larrimer officer: Executive Vice President ONE PNC PLAZA, 249 FIFTH AVENUE, PITTSBURGH PA 15222-2707
Ganesh Manapra Krishnan officer: Executive Vice President 6416 INTERLAKEN DR, MCDONALD PA 15057
David L Cohen director
Richard Kevin Bynum officer: Executive Vice President 7567 GLEN POINTE CT., SPRINGFIELD VA 22153