The Federal Reserve released its annual stress test results on June 24. With stronger results than last year, albeit in a less severe scenario, shares of the 32 tested banks generally traded upward, though the movement was muted.
The acquisition of FirstBank makes PNC as the bank with the No. 2 deposit market share in Denver and could result in above-market balance sheet growth for PNC.
The US economy has some pockets of softness, particularly in the labor market recently. If the economy experienced a recession, PNC could face lower balance sheet growth and higher credit costs.
|
Metric
|
PNC
|
FITB
|
USB
|
|---|---|---|---|
Price/Earnings (Normalized) | 14.42 | 15.47 | 13.18 |
Price/Book Value | 1.61 | 1.64 | 1.66 |
Price/Sales | 4.25 | 4.34 | 3.39 |
Price/Cash Flow | 10.17 | 12.46 | 10.20 |
|
Metric
|
PNC
|
FITB
|
USB
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
|
Metric
|
PNC
|
FITB
|
USB
|
|---|---|---|---|
Return on Assets (Normalized) | 1.33% | 1.20% | 1.13% |
Return on Equity (Normalized) | 13.57% | 12.70% | 13.89% |
Return on Invested Capital (Normalized) | — | — | — |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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BNPQY
| LOCK|X&!VzX | LOCK|K%Z | $127B | |||
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ISNPY
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| Mizuho Financial Group Inc ADR
MFG
| LOCK|M^?%vX | LOCK|d@ | $124B | |||
| Itau Unibanco Holding SA ADR
ITUB
| LOCK|#^zKw&b | LOCK|>T | $97B | |||
| U.S. Bancorp
USB
| LOCK|!q$yTB#s | LOCK|Yf | $97B | |||
| Lloyds Banking Group PLC ADR
LYG
| LOCK|m<Nw%# | LOCK|%XFK | $87B | |||
| NatWest Group PLC ADR
NWG
| LOCK|p?TXXhm | LOCK|?T@R | $71B | |||
| Deutsche Bank AG
DB
| LOCK|K@ | LOCK|!c | $69B | |||
| Nu Holdings Ltd Ordinary Shares Class A
NU
| LOCK|P&C<c&vh | LOCK|GwR$m | $66B |
United States