The historical rank and industry rank for PNC Financial Services Group's ROE % or its related term are showing as below:
PNC'
s ROE % Range Over the Past 10 Years
Min: 8.63 Med: 11.31 Max: 14.55
Current: 12.14
During the past 13 years, PNC Financial Services Group's highest ROE % was 14.55%. The lowest was 8.63%. And the median was 11.31%.
PNC's ROE % is ranked better than 64.44% of 1524
companies
in the Banks industry
Industry Median: 10.22
vs PNC: 12.14
PNC Financial Services Group (NYSE:PNC) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
PNC Financial Services Group ROE % Related Terms
PNC Financial Services Group ROE % 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.
For the Banks - Regional subindustry, PNC Financial Services Group's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Banks Industry
For the Banks industry and Financial Services sector, PNC Financial Services Group's ROE % distribution charts can be found below:
* The bar in red indicates where PNC Financial Services Group's ROE % 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
PNC Financial Services Group (PNC) has a ROE % of 11.34% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on PNC Financial Services Group and its competitors. This is near median its historical median of 11.31. Over the past decade, PNC Financial Services Group's ROE % has ranged from 8.63 to 14.55. According to the industry distribution chart, PNC Financial Services Group ranks #542 out of 1524 companies in the Banks industry, placing it in the top 35.6%.
Is PNC Financial Services Group's ROE % too high?
PNC Financial Services Group's current ROE % of 11.34% is near median its 10-year median of 11.31. Over the past 10 years, this metric has ranged from a low of 8.63 to a high of 14.55. The Banks industry median ROE % is 10.22. PNC Financial Services Group's value of 11.34% is 11% above this industry median. Based on the distribution chart, PNC Financial Services Group ranks #542 out of 1524 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 ROE % compare to USB and NU?
According to the Banks industry distribution chart, PNC Financial Services Group ranks #542 out of 1524 companies for ROE %. This puts PNC Financial Services Group in the upper half of its industry. The industry median ROE % is 10.22. PNC Financial Services Group's value of 11.34% is 11% above this benchmark. Historically, PNC Financial Services Group's own ROE % has ranged from 8.63 to 14.55 over the past decade. While the company's 10-year median is 11.31 vs. the industry median of 10.22, 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 ROE % for a Banks company?
The median ROE % among Banks companies is 10.22, based on 1,524 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PNC Financial Services Group's current ROE % of 11.34% is 11% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on PNC Financial Services Group and its competitors. For the Banks industry, the median ROE % is 10.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PNC Financial Services Group's current ROE % is 11.34%, which is near median its own 10-year median of 11.31. 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 $239.92 — trading 18.3% above its estimated fair value. The current ROE % is 11.34%, which is near median its 10-year median of 11.31 and 11% above the Banks industry median of 10.22. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For PNC Financial Services Group (PNC), the current ROE % is 11.34% 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 $239.92 is trading 18.3% above its estimated GF Value™ of $202.76.
GuruFocus considers PNC Financial Services Group to be Modestly Overvalued.
Key valuation signals for PNC:
ROE %: 11.34% (near median its 10-year median of 11.31)
GF Value™: $202.76 vs. price of $239.92 (18.3% above fair value)
Industry Position: 11% above the Banks median (#542 of 1524)
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
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