Why is The PNC Financial Services Group, Inc. stock rising?
PNC raised its full-year 2026 outlook to about 12.5% loan growth and 15%-15.5% NII growth.
Commercial real estate is expected to become a bigger component of PNC's loan growth going forward.
PNC guides full-year capital markets revenue to be up close to 25%-30% in 2026.
PNC expects to open about 55 branches during 2026 as part of its retail expansion.
FirstBank is expected to reach an annualized earnings run rate of about $1 per share by end-2026.
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