PNC dividend yield – Investors Get Opportunity to Buy PNC Financial at 5% Dividend Yield
June 16, 2023
☀️Trending News
Investors looking to add some financial sector stocks to their portfolios should take a closer look at PNC ($NYSE:PNC) Financial Services. This banking giant is currently offering a dividend yield of nearly 5%, providing an excellent buying opportunity. PNC Financial Services is a leader in the financial services industry, serving individuals, corporations and government entities in the United States and abroad. In addition to a variety of consumer banking and lending solutions, PNC also provides capital markets services, asset management and wealth management services.
The company’s financial performance has been consistently strong, with record earnings in each of the last three fiscal years. With its robust financials and generous dividend yield, PNC Financial is an attractive choice for investors looking to add some income to their portfolios.
Dividends – PNC dividend yield
PNC Financial Services is offering investors an opportunity to invest in a stock with a 5% dividend yield. Over the last three years, the company has issued an annual dividend per share of 6.0, 5.75, and 4.8 USD. From 2021 to 2023, PNC Financial Services is anticipating dividend yields of 3.64%, 3.25%, and 2.68%, which equates to an average dividend yield of 3.19%. If you are looking for a dividend-bearing stock, PNC Financial Services is a great option for investors looking for reliable returns.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for PNC. More…
| Total Revenues | Net Income | Net Margin |
| – | 5.96k | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for PNC. More…
| Operations | Investing | Financing |
| 9.08k | -13.43k | 3.38k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for PNC. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 561.78k | 512.7k | – |
Key Ratios Snapshot
Some of the financial key ratios for PNC are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.8% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – PNC Intrinsic Stock Value
At GoodWhale, we offer comprehensive financial analysis of PNC FINANCIAL SERVICES. Our proprietary Valuation Line indicates the fair value of PNC FINANCIAL SERVICES share at around $195.3. Currently, the PNC FINANCIAL SERVICES stock is trading at $128.8, indicating that it is undervalued by 34.0%. We suggest taking a closer look at this stock and making an informed decision. More…
Peers
Its competitors include Banco BPM SpA, JPMorgan Chase & Co, and First Busey Corp.
– Banco BPM SpA ($BER:BPM)
Banco BPM SpA is an Italy-based banking group. The Bank’s activity is divided into three main business areas: Corporate and Investment Banking, which includes financing for companies, advisory services, capital markets and structured finance; Retail Banking, which offers current accounts, savings products, consumer loans and mortgages; and Private Banking, which provides services to high net worth individuals and families. As of December 31, 2020, the Bank had a network of 1,106 branches and 4,768 automated tellers machines (ATMs) across Italy.
– JPMorgan Chase & Co ($NYSE:JPM)
As of 2022, JPMorgan Chase & Co has a market cap of 390.47B. The company is a leading global financial services firm with operations in more than 60 countries. The firm serves millions of consumers, small businesses and corporations through its four business segments: Consumer & Community Banking, Corporate & Investment Banking, Commercial Banking and Asset Management. JPMorgan Chase & Co. is headquartered in New York, NY.
– First Busey Corp ($NASDAQ:BUSE)
First Busey Corp is a financial services company with a market cap of 1.47B as of 2022. The company operates through two segments: banking and wealth management. Banking services include personal and commercial banking, agribusiness banking, and mortgage banking. Wealth management services include asset management, trust and estate planning, and brokerage services. First Busey Corp was founded in 1868 and is headquartered in Urbana, Illinois.
Summary
PNC Financial Services is an attractive investment opportunity for those seeking a good dividend yield. With its current dividend yield at around 5%, PNC Financial Services offers one of the highest yields in the sector. In addition to the dividend, PNC Financial Services also has a solid balance sheet, strong business fundamentals, and a well-respected management team. Furthermore, the company has a track record of steady dividend growth, making it a stable option for investors. Analysts believe that the stock is currently undervalued and may provide good long-term returns.
Additionally, the company is well-diversified across different sectors, providing investors with the potential for significant capital gains. Overall, PNC Financial Services is an attractive stock for income investors and those looking for long-term growth potential.
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