PNC (PNC Financial Services Group) Scaled Net Operating Assets: 0.16 (As of Mar. 2026)


PNC PNC Financial Services Group Inc PNC
78 GF Score
Price $239.31
GF Value $202.76
Valuation Modestly Overvalued
! 8 Warning Signs
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What is PNC Financial Services Group Scaled Net Operating Assets?

PNC Financial Services Group PNC +0.27% 78 Scaled Net Operating Assets is 0.16 as of Mar. 2026. 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.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

PNC Financial Services Group's operating assets for the quarter that ended in Mar. 2026 was $562,256 Mil. PNC Financial Services Group's operating liabilities for the quarter that ended in Mar. 2026 was $472,686 Mil. PNC Financial Services Group's Total Assets for the quarter that ended in Dec. 2025 was $573,572 Mil. Therefore, PNC Financial Services Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.16.

PNC
78GF Score
PNC Financial Services Group Inc PNC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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PNC Financial Services Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

PNC Financial Services Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(533859-455835)/560038
=0.14

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=573572 - 39713
=533859

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=512936 - 57101 - 0
=455835

PNC Financial Services Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(562256-472686)/573572
=0.16

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=603028 - 40772
=562256

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=539352 - 66666 - 0
=472686

* 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.

What does a Scaled Net Operating Assets of 0.16 mean?
PNC Financial Services Group (PNC) has a Scaled Net Operating Assets of 0.16 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on PNC Financial Services Group and its competitors.
Is PNC Financial Services Group's Scaled Net Operating Assets too high?
PNC Financial Services Group's current Scaled Net Operating Assets is 0.16. 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 Scaled Net Operating Assets compare to USB and NU?
PNC Financial Services Group's Scaled Net Operating Assets of 0.16 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Banks company?
A good Scaled Net Operating Assets depends on the Banks industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on PNC Financial Services Group and its competitors. PNC Financial Services Group's current Scaled Net Operating Assets is 0.16. 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 $239.31 — trading 18% above its estimated fair value. The current Scaled Net Operating Assets is 0.16. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For PNC Financial Services Group (PNC), the current Scaled Net Operating Assets is 0.16 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 $239.31 is trading 18% above its estimated GF Value™ of $202.76. GuruFocus considers PNC Financial Services Group to be Modestly Overvalued.

Key valuation signals for PNC:

  • Scaled Net Operating Assets: 0.16
  • GF Value™: $202.76 vs. price of $239.31 (18% above fair value)
  • GF Score™: 78/100 with 8 warning signs

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 Services Group Business Description

Address 300 Fifth Avenue, The Tower at PNC Plaza, Pittsburgh, PA, USA, 15222-2401
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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$239.31
Price
$202.76
GF Value