Pnc Financial Services Group vs Wells Fargo & Company/mn (PNC vs WFC)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
Wells Fargo & Company/mn is the larger company by revenue ($83.7B vs $23.1B) and market value ($258.3B vs $101.5B). Pnc Financial Services Group has grown revenue faster over the last 4 fiscal years (+20.2% cumulative vs +5.7%). Wells Fargo & Company/mn trades at the lower trailing P/E (13.6x vs 14.7x).
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 Wells Fargo & Company/mn
Wells Fargo & Company is a financial holding company and bank holding company based in Delaware. It provides a wide range of banking, investment, mortgage, and finance products and services to individuals, businesses, and institutions primarily in the United States and internationally. Its offerings include consumer banking, commercial banking, corporate and investment banking, and wealth and investment management.
Head to head (PNC FY2025 vs WFC FY2025)
| Metric | PNCFY2025 | WFCFY2025 |
|---|---|---|
| Revenue | $23.10B | $83.70B |
| Revenue growth (YoY) | 7.2% | 1.7% |
| Gross margin | — | — |
| Operating margin | — | — |
| Net margin | 30.3% | 25.5% |
| Net income | $7.00B | $21.34B |
| Diluted EPS | $16.59 | $6.26 |
| FCF margin | — | — |
| ROE | 11.5% | 11.7% |
| Debt / equity | 0.9× | 1.0× |
| Market cap | $101.54B | $258.30B |
| P/E (TTM) | 14.7× | 13.6× |
Fundamentals are from each company’s SEC filings (PNC FY2025, WFC FY2025). P/E and market cap are derived from recent market prices and update daily.
Five-year trend (as reported)
| Revenue | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| PNC | $19.21B | $21.12B | $21.49B | $21.55B | $23.10B |
| WFC | $79.17B | $74.37B | $82.60B | $82.30B | $83.70B |
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 | WFC |
|---|---|---|
| Net margin | 30.3%75th percentile of 76 | 25.5%37th percentile of 76 |
| Revenue growth (YoY) | +7.2%31st percentile of 76 | +1.7%7th percentile of 76 |
| ROE | 11.5%72nd percentile of 76 | 11.7%75th percentile of 76 |
| P/E (TTM) | 14.7×69th percentile of 76 | 13.6×61st percentile of 76 |
| Debt / equity | 0.94×89th percentile of 38 | 0.95×92nd percentile of 38 |
| Short interest (days to cover) | 2.80d38th percentile of 75 | 1.62d5th percentile of 75 |
Short interest
| FINRA settlement data | PNC | WFC |
|---|---|---|
| Shares sold short | 7.7M | 28.6M |
| Change vs prior settlement | -2.0% | -17.9% |
| Days to cover | 2.80 | 1.62 |
| As of settlement | 2026-06-30 | 2026-06-30 |
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 open-market activity | PNC | WFC |
|---|---|---|
| Buys | 0 | — |
| Sells | 6 ($11.0M) | — |
Open-market purchases and sales reported on SEC Form 4 (grants, exercises and tax withholding excluded). For context, about 16% of covered companies saw any open-market insider buy in a 90-day window.
Held by the same investors
8 tracked 13F managers hold both Pnc Financial Services Group and Wells Fargo & Company/mn as of their latest quarterly filings: AQR Capital Management, Bridgewater Associates, Citadel Advisors, D. E. Shaw, Dodge & Cox, Gotham Asset Management, Millennium 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 (public domain). 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.