Pnc Financial Services Group vs Us Bancorp \de\ (PNC vs USB)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
Us Bancorp \de\ is the larger company by revenue ($28.5B vs $23.1B) and market value ($95.4B vs $94.7B). Us Bancorp \de\ has grown revenue faster over the last 4 fiscal years (+25.6% cumulative vs +20.2%). Us Bancorp \de\ trades at the lower trailing P/E (12.2x vs 13.2x).
About Pnc Financial Services Group
PNC Financial Services Group, Inc. is a diversified financial services holding company based in Pittsburgh, Pennsylvania. It offers retail banking, corporate and institutional banking, and asset management services across the United States through its primary bank subsidiary, PNC Bank, and various non-banking subsidiaries. PNC serves individual consumers, corporations, government entities, and institutional clients with products including lending, deposit accounts, wealth management, and specialized financial services.
About Us Bancorp \de\
U.S. Bancorp is a financial services holding company headquartered in Minneapolis, Minnesota. It provides a wide range of financial services including lending, depository services, cash management, capital markets, trust and investment management, credit card services, merchant and ATM processing, mortgage banking, insurance, brokerage, and leasing. The company serves individuals, businesses, institutional organizations, governmental entities, and other financial institutions primarily in the United States.
Head to head (PNC FY2025 vs USB FY2025)
| Metric | PNCFY2025 | USBFY2025 |
|---|---|---|
| Revenue | $23.10B | $28.54B |
| Revenue growth (YoY) | 7.2% | 4.4% |
| Gross margin | — | — |
| Operating margin | — | — |
| Net margin | 30.3% | 26.5% |
| Net income | $7.00B | $7.57B |
| Diluted EPS | $16.59 | $4.62 |
| FCF margin | — | — |
| ROE | 11.5% | 11.5% |
| Long-term debt / equity | 0.94× | — |
| Market cap | $94.75B | $95.37B |
| P/E | 13.2× | 12.2× |
Fundamentals are from each company’s SEC filings (PNC FY2025, USB FY2025). ROE is net income over fiscal-year-end equity; long-term debt / equity counts non-current term debt only. P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
Five-year trend (as reported)
| Revenue | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| PNC | $19.21B | $21.12B | $21.49B | $21.55B | $23.10B |
| USB | $22.72B | $24.18B | $28.01B | $27.34B | $28.54B |
Peer standing
Where each company ranks among the 76 banks, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.
| Metric | PNC | USB |
|---|---|---|
| Net margin | 30.3%75th percentile of 76 | 26.5%45th percentile of 76 |
| Revenue growth (YoY) | +7.2%31st percentile of 76 | +4.4%12th percentile of 76 |
| ROE | 11.5%72nd percentile of 76 | 11.5%71st percentile of 76 |
| P/E | 13.2×70th percentile of 75 | 12.2×54th percentile of 75 |
| Short interest (days to cover) | 4.80d45th percentile of 75 | 4.40d36th percentile of 75 |
Short interest
| FINRA settlement data | PNC | USB |
|---|---|---|
| Shares sold short | 6.1M | 25.3M |
| Change vs prior settlement | -15.9% | -5.1% |
| Days to cover | 4.80 | 4.40 |
| As of settlement | 2026-08-14 | 2026-08-14 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.
Insider activity (last 90 days)
| Form 4 activity (codes P/S) | PNC | USB |
|---|---|---|
| Buys | 0 | 0 |
| Sells | 5 ($2.3M) | 3 ($5.5M) |
Non-derivative purchases (code P) and sales (code S) reported on SEC Form 4, which may be open-market or private (grants, exercises and tax withholding excluded). For context, about 15% of covered companies saw any reported insider purchase (code P) in a 90-day window.
Held by the same investors
8 tracked 13F managers hold both Pnc Financial Services Group and Us Bancorp \de\ as of their latest quarterly filings: AQR Capital Management, Bridgewater Associates, Citadel Advisors, D. E. Shaw, Gotham Asset Management, Millennium Management, Point72 Asset Management, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.
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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.