PNC stock trades at USD 221.03 as dividend stays at USD 2.00

Published on 10/04/2026 at 12:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PNC stock closed at USD 221.03 on October 2, 2026, while the bank declared a USD 2.00 dividend. Third-quarter results are scheduled for October 15.

PNC, US6934751057, Illustration mit AI erstellt.

The PNC Financial Services Group (ISIN US6934751057) closed at USD 221.03 on the NYSE on October 2, 2026, up USD 0.28 or 0.13 percent from USD 220.75. The bank's USD 2.00 quarterly dividend, declared that day, is the immediate company event for shareholders.

Dividend sets the near term

According to PNC on October 2, 2026, the board declared USD 2.00 per common share, payable on November 5, 2026, to shareholders of record on October 14, 2026. The quarterly amount puts the annualized common dividend at USD 8.00.

The payment decision arrives before the next earnings checkpoint. PR Newswire reported that PNC plans to release third-quarter 2026 results before the market opens on October 15, 2026, followed by a 10:00 a.m. ET conference call.

Second-quarter earnings cleared estimates

PNC's second-quarter 2026 results provide the operating benchmark for that report. MarketBeat said EPS was USD 4.85 versus USD 4.46 consensus, a USD 0.39 beat, while revenue reached USD 6.88 billion against USD 6.51 billion expected. Revenue increased 21.4 percent year over year, and prior-year EPS was USD 3.85.

That comparison leaves the October report with a high earnings bar. The key question is whether PNC can extend the second-quarter combination of higher revenue and EPS growth while preserving the USD 2.00 quarterly payout.

Targets remain above the share price

JPMorgan maintained an Overweight rating but cut its target from USD 269.50 to USD 258.00 on October 2, 2026, according to Markets Insider. The revised target lies 16.7 percent above the October 2 price, showing that the bank's outlook remains positive despite the reduction.

MarketBeat lists a Moderate Buy consensus from 21 analysts, with an average target of USD 269.42 and a target range of USD 220.00 to USD 290.00. The average target is 21.9 percent above the USD 221.03 reference price, but the range also shows that analyst conviction is not uniform.

PNC stock stays below its yearly high

PNC stock closed at USD 221.03 on October 2, 2026, with a 52-week range of USD 176.88 to USD 258.96 and a market capitalization of USD 88.2 billion. Volume was 1,899,784 shares, giving investors a dated market baseline before the October 15 results.