PNC Financial Services GroupPNC +0.36%78 Pretax Margin % is 35.52% as of Mar. 2026, which is 4% above its 10-year median of 34.27. GuruFocus rates PNC with a GF Score™ of 78/100 and a GF Value™ of $202.76 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,527 Banks companies, PNC Financial Services Group ranks better than 55.34% on this metric.
The historical rank and industry rank for PNC Financial Services Group's Pretax Margin % or its related term are showing as below:
PNC'
s Pretax Margin % Range Over the Past 10 Years
Min: 20.29 Med: 34.27 Max: 37.11
Current: 37.11
PNC's Pretax Margin % is ranked better than 55.34% of 1527
companies
in the Banks industry
Industry Median: 34.88
vs PNC: 37.11
PNC Financial Services Group (NYSE:PNC) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
PNC Financial Services Group Pretax Margin % Related Terms
PNC Financial Services Group Pretax Margin % Historical Data
* 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.
PNC Financial Services Group Pretax Margin % Chart
For the Banks - Regional subindustry, PNC Financial Services Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, PNC Financial Services Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where PNC Financial Services Group's Pretax Margin % falls into.
* 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.
PNC Financial Services Group (PNC) has a Pretax Margin % of 35.52% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on PNC Financial Services Group and its competitors. This is near median its historical median of 34.27. Over the past decade, PNC Financial Services Group's Pretax Margin % has ranged from 20.29 to 37.11. According to the industry distribution chart, PNC Financial Services Group ranks #682 out of 1527 companies in the Banks industry, placing it in the top 44.7%.
Is PNC Financial Services Group's Pretax Margin % too high?
PNC Financial Services Group's current Pretax Margin % of 35.52% is near median its 10-year median of 34.27. Over the past 10 years, this metric has ranged from a low of 20.29 to a high of 37.11. The Banks industry median Pretax Margin % is 34.88. PNC Financial Services Group's value of 35.52% is 1.8% above this industry median. Based on the distribution chart, PNC Financial Services Group ranks #682 out of 1527 companies in the Banks industry, which is above the industry midpoint. Overall, PNC Financial Services Group has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PNC Financial Services Group's Pretax Margin % compare to USB and NU?
According to the Banks industry distribution chart, PNC Financial Services Group ranks #682 out of 1527 companies for Pretax Margin %. This puts PNC Financial Services Group in the upper half of its industry. The industry median Pretax Margin % is 34.88. PNC Financial Services Group's value of 35.52% is 1.8% above this benchmark. Historically, PNC Financial Services Group's own Pretax Margin % has ranged from 20.29 to 37.11 over the past decade. While the company's 10-year median is 34.27 vs. the industry median of 34.88, PNC Financial Services Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Banks company?
The median Pretax Margin % among Banks companies is 34.88, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PNC Financial Services Group's current Pretax Margin % of 35.52% is 1.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on PNC Financial Services Group and its competitors. For the Banks industry, the median Pretax Margin % is 34.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PNC Financial Services Group's current Pretax Margin % is 35.52%, which is near median its own 10-year median of 34.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PNC Financial Services Group stock overvalued right now?
Based on GuruFocus' analysis, PNC Financial Services Group (PNC) is currently considered Modestly Overvalued. The stock's GF Value™ is $202.76, compared to a current price of $239.52 — trading 18.1% above its estimated fair value. The current Pretax Margin % is 35.52%, which is near median its 10-year median of 34.27 and 1.8% above the Banks industry median of 34.88. PNC Financial Services Group's overall GF Score™ is 78/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For PNC Financial Services Group (PNC), the current Pretax Margin % is 35.52% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is PNC Financial Services Group (PNC) Overvalued in 2026?
Based on GuruFocus' analysis, PNC Financial Services Group stock appears to be overvalued.
The current stock price of $239.52 is trading 18.1% above its estimated GF Value™ of $202.76.
GuruFocus considers PNC Financial Services Group to be Modestly Overvalued.
Key valuation signals for PNC:
Pretax Margin %: 35.52% (near median its 10-year median of 34.27)
GF Value™: $202.76 vs. price of $239.52 (18.1% above fair value)
Industry Position: 1.8% above the Banks median (#682 of 1527)
No single metric tells the full story. See the PNC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PNC Financial is one of the three super-regional banks in the US, with over $600 billion in total assets at the end of March 2026. Headquartered in Pittsburgh, Pennsylvania, PNC Financial has a coast-to-coast branch network, with a strong presence in the US Midwest and Northeast. It closed its acquisition of FirstBank in January 2026, which added around $26 billion in assets to its balance sheet, and PNC is currently expanding in the Southern and Western regions of the US. The bank provides a diversified set of financial services in retail banking, commercial banking, card and treasury management, asset management, and investment banking. PNC derived around 38% of revenue from fee income and 62% from net interest income in 2025.
78GF Score
Get the complete analysis for PNC
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PNC has been successfully added to your 
