Evercore analyst John Pancari maintains $PNC Financial Services (PNC.US)$ with a buy rating, and adjusts the target price from $200 to $212.
According to TipRanks data, the analyst has a success rate of 36.4% and a total average return of -6.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $PNC Financial Services (PNC.US)$'s main analysts recently are as follows:
The expectation is for net interest incomes of American banks to dip further in the third quarter by an average of 4%, influenced by delayed deposit repricing and persistent, sluggish loan growth, which is anticipated to more than offset fixed asset repricing. Net interest income is only projected to pivot in the second quarter of 2025. Additionally, while concerns regarding charge-offs, especially in credit card and commercial real estate sectors, have lessened recently, banks may still see a continuation of reserve builds.
The firm anticipates that Q3 results for regional banks will signify a sustained fundamental change that started to emerge in the previous quarter. It is projected that downward revisions of EPS estimates due to a lower rate environment and diminishing loan trends will contribute to setting more realistic earnings expectations for the sector. The firm adopts a gradually positive stance on the group of regional banks, suggesting that rate reductions might ultimately lessen the pressure on funding costs, boost loan demand, and improve credit conditions, particularly in commercial real estate, which could lead to an increase in the sector's earnings multiple.
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Evercore分析师John Pancari维持$PNC金融服务集团 (PNC.US)$买入评级，并将目标价从200美元上调至212美元。
根据TipRanks数据显示，该分析师近一年总胜率为36.4%，总平均回报率为-6.4%。
此外，综合报道，$PNC金融服务集团 (PNC.US)$近期主要分析师观点如下：
受延迟存款重新定价和持续缓慢的贷款增长的影响，预计美国银行的净利息收入将在第三季度进一步下降平均4％，预计这将足以抵消固定资产的重新定价。净利息收入预计要到2025年第二季度才会发生变化。此外，尽管对扣款的担忧，尤其是信用卡和商业房地产领域的担忧最近有所减轻，但银行仍可能继续增加储备。
该公司预计，地区银行第三季度的业绩将标志着上一季度开始出现的持续的根本性变化。预计，由于较低的利率环境和贷款趋势的减少，向下修正每股收益估计值将有助于为该行业设定更现实的收益预期。该公司对地区银行集团采取逐步积极的立场，这表明降息最终可能会减轻融资成本的压力，提振贷款需求，改善信贷状况，尤其是商业房地产的信贷状况，这可能会导致该行业的收益倍数增加。
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